I've written a few pieces on suggestions for job creation.
One focused on the stimulus: December 25, 2009 - WSJ: Put Down That Shovel
and another focused on opportunity: August 8, 2011 - WSJ: Five Ideas to Kick-Start Job Creation
Below is a handy-dandy guide for President Obama's September 8 Jobs Speech so you can score at home. Put a check mark next to announced programs - win valuable prizes.
- Climb poles for wireless - every streetlight can be a wireless access point, let's get workers climbing poles to build a new wireless infrastructure
- Dig fiber ditches - solve the bandwidth constraint by hiring workers to dig ditches to bring fiber to every neighborhood and home
- Sequence proteins - and identify cancer signatures to enable early detection of disease, especially expensive to treat cancer
- Lighten backpacks - scan textbooks and issue Kindles or the like, so that 5th graders have 20 pounds less to carry on their backs
- Scan medical records - doctors are too lazy (or conflicted) to do it. The information unlocked will provide extremely valuable to lowering healthcare costs and improving outcomes.
- Require Time of Use electric meters - get price signals from the electric grid. Much more effective for conservation than outlawing incandescent light bulbs.
- Free spectrum - lots of spectrum is in the wrong hands so make them use it or lose it, PLUS, technology allows us to share spectrum rather than "own" it in the first place
- Disease diagnostics - same as sequence proteins from above, but something so important has been ignored, so worth mentioning twice
- End the mail monopoly - end the Postal Service first and third class mail monopoly and entrepreneurs will come out of the woodwork with new services
- Frack this - encourage hydraulic fracturing for natural gas by having drillers post bond for environmental damage
- Government as a platform - make agencies post an API (Application Programming Interface) and watch entrepreneurs write clever code to harness government
- Rental society - allow a six month foreclosure amnesty so home prices seek the correct price and a vibrant rental market can blossom
With double counting, there are really 10 ideas.
Give one point for each mentioned.
Subtract one point for:
- Spending on (or Infrastructure Bank for) highways and bridges
- Spending for Green jobs
- Temporary tax incentive to hire workers
- Extending jobless benefits
- Extending payroll tax reduction
- Direct transfers to states and cities
IMHO, any positive number means we head towards 8% unemployment by Election Day.