31 October 2011
Summary and Response to the “President’s Jobs Proposal”
In the September 10, 2011 edition of the New York Times, Mark Landler and Jackie Calmes wrote “Obama Hits the Road to Try to Sell His Jobs Proposal to Washington.” In the article, they explain that Mr. Obama went on the road to promote his new $447 billion jobs plan, exhorting college students to contact lawmakers and urge them to pass the law in the legislation this fall. “I want you to call, I want you to e-mail, I want you to tweet, I want you to fax, I want you to visit, I want you to Facebook, and send carrier pigeons,” Mr. Obama urged a loud crowd of 9,000 on the lush, red-brick campus of the University of Richmond. Virginia is the home district of Representative Eric Cantor, the House majority leader and one of the president’s harshest critics on the budget and economic matters. In the president’s message, he urged the Republicans not to break their “no new taxes ever pledge” by refusing to extend the cut in payroll taxes. The tax cut is the center piece of Mr. Obama’s plan that he is trying to sell to Washington. If passed, the jobs package would add 1.3 million nonagricultural jobs by the end of 2012 and an additional 800,000 jobs the following year. According to Macroeconomic Advisers, a private firm was used by the Federal Reserve. The firm reports, “The package would raise economic growth 1.3 percent by the end of 2012 and another 0.2 percent the following year.”
The news that there are not enough jobs for Americans in this economy is very troubling. With so many jobs being shipped overseas and unemployment at highs that we have not seen since the 80’s, it is very unfortunate that our lawmakers battle with our livelihood. They are trying to make the best deal for the people when they are so out of touch with the people. The President is trying to do his best for the... [continues]
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