CLEVELAND -- Hours before President Barack Obama's State of the Union address in which the economy and jobs will be a central focus, Congressman Dennis Kucinich is set to unveil a major jobs program he said will add one million jobs for Americans struggling to find a place back at work.

Aids to Kucinich said he will outline a major new initiative, where older workers, in their early 60s, can take advantage of Social Security retirement benefits to exit the workforce, making room for younger workers who have been struggling to find jobs.

Kucinich said he will introduce his jobs program bill this week on Capitol Hill.

However A) Hopwin has examined it on its merits insofar as the very brief information available and B) the inevitable conclusion is that the government will end up paying for this retirement with money it doesn't have and there are no corresponding savings to anyone except possibly some companies who can hire new workers for less money.

Its pretty much giving the money right to the businesses in the form of cheaper labor with less accrued vacation time while relieving the businesses from having to pay a higher reward to get older staff to accept early retirement.

I thought you didn't like it when the government gave business favors from the public coffers Monte.

Its pretty much giving the money right to the businesses in the form of cheaper labor with less accrued vacation time while relieving the businesses from having to pay a higher reward to get older staff to accept early retirement.

I thought you didn't like it when the government gave business favors from the public coffers Monte.

Yes, but remember Dennis Kucinich proposed it. Therefore, it must be a good idea since Dennis Kucinich has lots of credibility with liberals. It's the same reason that anything Rush Limbaugh can be disregarded by them, just applied in the opposite direction, and hence the demand to "examine it on its merits".

What jobs is he adding? None. He is just shifting positions from those already employed to those looking for jobs by retiring the people already in those positions.

Depending on the exact nature of his "bill", if a private company were to implement such a plan, they would be sued for age discrimination.

Nevermind that it produces no more jobs and no more income for the population (nor even any more revenue for the government!).. it looks good for the politicians when they can trot out that unemployment graph, and that's all that matters.

It actually has a net reduction in tax revenue for the government, state and federal, while increasing expenses. Its a good plan, I highly recommend it.

Rynar:

I'm fairly certain you can challenge Montegue's response and its lack of forethought without insinuating mental instability.

Montegue:

What exactly do you see as the merits of this plan?

What exactly do you see as the merits of this plan?

If they plan to replace the older skilled workers with trainees sans clues, its an idiotic idea.

The general run is the older skilled workers phase out training almost as skilled workers to do their jobs, who then train the ones below them to do their jobs, etc. until you get to the newbs who get to sweep the floor and learn as they go. The savings is almost always overestimated as the companies then spend the next year getting their workforce retrained.

I honestly don't know if I like it or not. There's no guarantee that younger workers would be hired or that *anyone* would be hired if his plan were enacted. It may not have it's intended effect. If I saw some more in depth analysis, I might be able to make a better call on supporting it or not.