Unemployment Theory

One of the key problems associated with unemployment is the disagreement between the Republicans and the Democrats. Neither can seem to come to an agreement on the issue. While this is a very complex issue and it is very unlikely that the two sides will ever agree on anything, I have come up with a plan to unite the two fronts and ultimately deal with the problem of unemployment. From my research I have concluded that extending the Bush Tax Cuts would be an enormous help to repairing the collapsed job market. Giving tax breaks to businesses (both big and small) would allow more capital to be allocated towards expansion and hiring more workers. Providing tax relief to all Americans would also be of tremendous help as it would allow citizens to save more, but also to spend more, thus pumping money back into the economy.  Increasing the monetary flow in the economy is a necessary start to fight unemployment.  However, reducing taxes alone is not enough.  Even though the Republicans are concerned about the national deficit and too much government spending, extending the unemployment benefits to idle American workers was money well spent.  These benefits not only help unemployed workers support themselves and their families, it also allows them to look for a job. Instead of worrying about how to support their families and quickly taking a job which they are over-qualified for, these idle workers can focus on getting a "real job." Another plan I came across during my research was the development of more public service jobs, much like FDR did during the Great Depression. Although, it does not significantly reduce unemployment, it provides jobs, "modernizes" our infrastructures, and helps prepare for the future. One blog I have been visiting quite often is on Algae and how it can be used as an alternative energy source for oil. While reading some of the posts, it occurred to me, that if the government put more effort into the development and research of algae as an energy source, then it would not only help us create a cleaner, more efficient energy source, but also provide jobs for Americans.  While there are so many ideas to fight unemployment, I think one of the most important is stopping outsourcing.   Our government has stood by and watched numerous American companies send jobs over seas. While the companies are provided with cheap labor, American workers are provided with no work.  Al least the government has made recent strides to limiting outsourcing, I think it needs to take a firmer stance and get rid of it altogether.
I know many of my proposed solutions are loved by one party and hated by the other, but that is just how it has to be. Both parties must realize that you cant always get what you want, and that sometimes you have to pick and chose what you want the most.  Compromise is my advice to the Republicans and the Democrats.  All of the proposed ideas are designed to fight unemployment, so why not give them a try even if you don't think some will work.  I have researched most of the plans each side has to other, and as far as I can tell, a combination of both is the best solution to lower unemployment in America.