Joe Biden and the Great Job Search
As you may recall, on the campaign trail, Joe Biden was heralded as â€œhead of the Middle Class taskforceâ€ â€“ whose activities can be viewed here.
Yet the question remains: What has Joe Biden done for the Middle Class?
Several months ago, I checked the Middle Class Task Force site only to find a discussion ofÂ ways to help people send their kids to collegeâ€¦ and I thought, â€œSo what?â€ What is the purpose of going to college if there are no jobs waiting at the other end of the tunnel? Moreover,Â a 20/20 special posited that Bachelorâ€™s Degrees are â€œAmericaâ€™s biggest over-rated product.â€ Upping college enrollment seems to be the wrong approach. After all, 1 in 5 people who are unemployed hold at least a college degree, according to NPR. Â Â
This month, everyoneâ€™s clamoring, â€œWhere are the jobs, Joe?â€ Weâ€™re told thereâ€™s good news from the White House â€“ that 150,000 jobs have been either saved or created in the first 100 days.
Yet, when questioned how they arrived at that figure, Joe just sheepishly replied, â€œIâ€™m a little above my pay grade here as I try to explain in more detail how they count spinoff effects of actual jobs created, Iâ€™m sorry. Iâ€™m not an Economist. My background is in foreign policy and the constitution.â€
He told us to be patient, that the $500 million training program was on its way. The latest unemployment figures indicate 345,000 jobs were cut in May, bringing the national unemployment rate to 9.4%. Back in January, we were promised the unemployment rate wouldnâ€™t exceed 8% if the stimulus was passed. (To be safe, Obama changed his figures to a projected 10% unemployment rate before the end of the year.)