Job cuts announced across the country

The rumors of another 70,000 job cuts on Wall Street are hardly surprising after the meltdown. (Pay raises are admittedly a surprise.) Unfortunately the bleeding isn't ending there as DHL has announced another 9,500 jobs on top of the previous 5,400 job cuts earlier this year. Meanwhile Circuit City will be restructuring and we all know what that means. All of this after the US has lost 1.2 million jobs for the year and it's not over yet.

Restarting the economy after years of Republican economics is not going to be easy. Many talk about trimming the Obama agenda but put me in the opposite camp. Now is no time to be mild and to do so will only drag out the misery longer. It's time to make those investments in the future and get the economy rolling again. The US infrastructure has fallen behind and needs modernizing. It's going to be expensive but it will create jobs and get money moving outside of just the Wall Street boardrooms. Leading the way on the environment and energy will also cost money but by directing money, even more money and jobs will be created. Trimming on areas that will lead us out of the Republican recession is not where we want to go.