Jobs

President Biden is proposing a $3 trillion dollar spending bill which includes infrastructure, education, work force development and climate change. There are currently dozens of job training programs available so this will just add more. The US has increased spending on education over the years and today spends more per student than any country but the test scores are not improving and the gap between races is increasing. Climate change means job creation in building wind mills and solar panels. Infrastructure means new construction jobs. It will be much like defense spending. The government hands out checks to private industry. This is the way government creates jobs. Biden plans to tax companies to get money to pay for the spending which means companies will have less money to create jobs. As companies have less profit they add fewer jobs. This is transferring job creation from the private sector to the government.