Thursday, August 25, 2011

Obama Finalizing Jobs Plan

Not to be cynical, but.... it's dead on arrival. Republicans absolutely refuse to work with this president. Why does that matter? Because republicans control the House. They'll balk at whatever he puts out. Jobs will be slow growing for years to come, except for highly trained folks in certain technical and healthcare fields. That's just the way it is. With people paying down debts and saving more, the demand for goods and services isn't what it used to be.
President Barack Obama is finalizing a jobs package that could include a program to refurbish school buildings nationwide and tax breaks to encourage firms to hire workers.
The package, to be unveiled in early September, is Obama's chance to convince skeptical voters he can bring down the 9.1 percent unemployment rate and steer the United States away from another recession - ahead of next year's election. Reuters