Thursday, January 28, 2010

Rey Garduño Op-ed

The Albuquerque Journal ran an interesting Op-ed by City Councilor Rey Garduño on Monday. If you have a Journal account, you can read it here.

Councilman Garduño encourages President Obama and Congress to implement a large-scale public works program to put people to work and help the country get back on it's feet. From the article:

"Jobs created through a federal jobs program should pay good wages and have strong labor protections. There are a number of ways to pay for this kind of program. One idea is to place a small fee on financial investment transactions, which some economists say could raise $100 billion a year. Given our bailout of Wall Street, such a tax would be a just way to bail out main street."

I don't know, Rey. Invest in communities? Sounds kinda crazy.

1 Tell us what you think:

Baby said...

We pay for just about every financial transaction we make why not them?