The president's or the GOP ideas for job creation?
Continuing to cast himself as an activist president defying slim odds for election-year legislative compromises, President Obama in his weekly address pushes "a few common-sense policies that would make a difference" with the economy.
"There are things we can do - right now - to help create jobs and
restore some of the financial security that so many families have lost,"
Obama says.
The list of initiatives - which the White House
has billed as Congress' "To-Do list" - includes elimination of tax
breaks for companies that outsource; a mandated expansion of mortgage refinancing
eligibility; tax credits for clean energy companies and small
businesses that hire new workers; and creation of a new veterans job
corps.
"They think all we can do is cut
taxes - especially for the wealthiest Americans - and go back to letting
banks and corporations write their own rules again. That's their
plan."
"But I think they're wrong. We tried their ideas for nearly a decade,
and it didn't work out so well. We can't go back to the same policies
that got us into this mess.
Rep. Kristi Noem, R-S.D., delivering the Republicans' weekly address, said Obama
"is ignoring the tough choices and trying to distract from the real
issues" by his proposals, which fail to tackle skyrocketing debts and
deficits and boost job growth.
http://news.yahoo.com/obama-calls-common-sense-policies-move-...
Europe has tried austerity only to see jobs lost in Spain, U.K., thst are both in a recession. Sarkozy thrown out for his backing austerity. Merkel is about to lose power today in the German election.
http://www.reuters.com/article/2012/05/13/germany-election-nr...
Top Opinion
-
luvguins 2012/05/13 15:33:01The president's job creation ideas.+14The great myth is that the Robot and GOP puppet, Romney, can sweep in and presto create millions of jobs. With such a deep recession it will take years to reach the pre-recession unemployment rate again. The overseas wages sans any benefits are too powerful to bring those jobs back even with tax holidays. Romney is just pandering to Republican sheep. Slow but steady job growth for 25 months under Obama has occurred despite the obstruction and sabotage of the GOP members in Congress.






















http://thinkprogress.org/econ...
But not regulated enough to keep banks and financial institutions from working against their own best interest.
http://thinkprogress.org/econ...
30 years of De-regulation & Tax brakes for the 1% 2 ten plus years of unfunded wars of aggression, (one based on LIES & deceit)
The nation is broke...
What has the GOP done to create jobs, (in the USA not China & India) Go ahead, I am waiting....
http://www.csmonitor.com/Busi...
http://www.motherjones.com/po...
... is not a plan, it is a ruse. It hasn't worked, it will not work, and it is getting worse.
(edited to correct typo)
Auto bailout: Obama's policies vis a vis the auto industry saved roughly one million jobs in the industry (auto and supply chain); and added 45,000 to the industry after GM left bankruptcy.
Education Jobs Act etc: saved and created 114,000 teaching jobs.
American Recovery and Reinvestment Act (stimulus): The CBO's latest report estimates that the stimulus raised the number of employed Americans by 1 million to 2.9 million over the last quarter. At its peak in the second quarter of 2010, it increased employment by 1.4 million to 3.3 million.