more details on the Job Creation Plan

Dean's proposal for a $100 billion fund for the states to help spur job creation got fleshed out a bit more last week. From the AP:

Democratic presidential candidate Howard Dean on Thursday called for the creation of a $100 billion fund to assist states and local governments in creating jobs and offered a plan to close tax loopholes.
Dean used an appearance at Georgetown University to deliver an economic speech that tied together elements of economic proposals he has made on the campaign. The job creation fund and the goal of closing down $100 billion of tax loopholes were among the new proposals.
...
Dean promised his job creation fund would add at least a million jobs, focused on health care, education and homeland security. He said that after repealing the Bush tax cuts, he plans to simplify the tax code and shift more of the tax burden to corporations from individual taxpayers.

A small business fund "will be modeled after the housing finance system that has helped make housing affordable for millions of middle-class Americans," Dean said.


Note that this is just one piece of the broader economic plan unveiled by Dean, which also includes a focus on encouraging small business via a $1B capital creation fund. Is this good politics? or good economics? If anyone has links to debate about the merits of Dean's plan by econo-bloggers especially, please share.

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