US government needs to spend wisely

While the American people are struggling economically, the Obama administration is missing or spending insufficiently billions of tax dollars.

Wolff also argued that many of the jobs lost in the economic crisis will never come back. He said the challenge of the market and government is to create new jobs, which may mean retraining and relocation for those seeking jobs.

“I think we need direct jobs programs. I think we need the federal government to assist private corporations in doing some hiring,” said Wolff.