On Tuesday, December 1st, President Obama made his much anticipated speech pledging to send 30,000 more troops into Afghanistan. The U.S. Pentagon and the White House estimate that it will cost $1 million to station one soldier in Afghanistan for one year and $30 billion to implement this plan for a year. In all, according to the National Priorities Project, total funding for Afghanistan could exceed $325 billion in Fiscal Year 2010.
On Friday, December 4th, the Bureau of Labor Statistics reported a slight decline for November in both the number of unemployed persons - 15.4 million - and the overall unemployment rate - 10.0 percent. However, these numbers are more than double what they were at the start of the recession exactly two years ago in December 2007. The number of unemployed persons was then 7.5 million, and the jobless rate was 4.9 percent.
Additionally, the November statistics showed little change among the major worker groups. Unemployment rates for adult men (10.5 percent), adult women (7.9 percent), teenagers (26.7 percent), whites (9.3 percent), blacks (15.6 percent), and Hispanics (12.7 percent) remained consistent but the number of long-term unemployed (those jobless for 27 weeks and over) rose by 293,000 to 5.9 million.
In one short week, the White House committed the nation to an additional $30 billion a year above and beyond the annual allocation for war in Afghanistan, then exhibited a conscience regarding the deficit by refusing to spend additional dollars on jobs creation, despite an admission that the rate will remain at around 10% through December 2010. What was wrong with this picture?
The same $3 billion could have provided:
272,129 People with Health Care for One Year OR
4,148,247 Homes with Renewable Electricity for One Year OR
50,604 Public Safety Officers for One year OR
39,375 Music and Arts Teachers for One Year OR
297,599 Scholarships for University Students for One Year OR
11,780 Affordable Housing Units OR
970,904 Children with Health Care for One Year OR