Within 15 minutes of his lecture, he noted that creating jobs is the focus for 2010. In concordance with the President, I also believe that jobs should be at the top of the agenda because in order to revamp the economy it is very essential to get the unemployment rate down. If the unemployment rate stays where it is or gets worse by increasing, Americans will continue to look for ways to cut back spending. Due to the lack of jobs being created and fear of job loss, we, the people, are currently on edge and have trouble deciding whether to invest or save. With the addition of new jobs, our faith will strengthen and confidence will grow within us to do both and that is what has to happen in order for the economy to regain legs and get the country running as it …show more content…
In a valiant attempt to spur hiring, the president called for the elimination of capital gains taxes on small business investment and tax credits for new hiring and investments in new equipment. He also states that, “It’s time to finally slash the tax breaks for companies that ship our jobs overseas, and give those tax breaks to companies that create jobs right here in the United States of America.” With this plan, the President has called for an end for tax breaks for companies that ship our jobs overseas but to help fund tax cuts that reward companies for investing and creating jobs in the United States. Moreover, the President future supported his notion to create new jobs in America by mentioning that the government will invest $8 billion into a rapid train system which will start construction in Florida later this year. He states that this attempt to have the fastest most-reliable train system will format over 2 million additional jobs for