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,"
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
"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
"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.
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.
See Votes by State
News & Politics