Yglesias is deflated by the latest Washington blather about creating jobs:
[T]he measures I can think of for doing so are all the kind of thing I have trouble imagining members of congress really wanting to do. We could use a big package of federal fiscal assistance to state and local governments, for example. The reality is that the politics of “jobs” are coming to look a lot like the politics of “the deficit” in which politicians want to position themselves as “focused” on the problem but don’t, in practice, want to take the steps that would address the issue. This is especially true because the main steps congress could take to increase employment would also make the short-term budget deficit larger.