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job creation
Obama to Call for $53B for High-Speed Rail
By not in system - AOL NewsWASHINGTON -- President Barack Obama is calling for a six-year, $53 billion spending plan for high-speed rail, as he seeks to use infrastructure spending to jump-start job creation. An initial $8 billion in spending will be part of the budget plan Obama is set to release Monday. If Congress approves the plan, the money would go toward developing or improving trains that travel up to 250 mph, and connecting existing rail lines to new projects. The White House wouldn't say where the money for the rest of the program would come from, though it's likely Obama would seek funding in future budgets ...
Democrats Say GOP Focusing on 'Everything but Jobs'
By not in system - AOL NewsWASHINGTON -- Republicans won dozens of elections last fall after claiming Democrats had focused too little on creating jobs. Now GOP lawmakers stand accused of the same charge, using their new House majority to push to repeal the president's health care law, restrict abortions and highlight other social issues important to their most conservative supporters. Republican leaders say they have a jobs agenda, kicked off by their attempt to unravel what they call the Democrats' "jobs-killing" health overhaul. Democrats scoff at this notion, and they're hounding Republicans to show how they can ...
Obama's Bipartisan Economic Vision Signals Bitter Clashes Ahead
By Joseph Schuman - AOL NewsAnalysis Rarely has a president asked for so much when he can get so little. President Barack Obama went before assembled House and Senate members tonight knowing he must address two monumental economic problems that threaten the state of the union: the worst epidemic of joblessness in generations and a scourge of budget deficits that could shape the lives of generations to come. Getty Images President Barack Obama delivers his State of the Union address to a joint session of Congress on Tuesday night. At the same time, his policy prescriptions had to navigate an audience ...
Opinion: The GOP's Misguided Fixation on the 'Death Tax'
By Marty Robins - AOL News
(Oct. 22) -- I've recently written about the unfocused approach of the Obama administration in its fiscal policy, but it is clear that it has no monopoly on such a lack of focus. A recent article about 250 Republican congressional candidates emphasizing permanent repeal of the estate tax makes clear that they also need a reality check. To be clear: I'm in favor of getting rid of the estate tax. It's unfair, cumbersome, largely a trap for the unwary and it raises little revenue. But what's at issue here is priorities. We're dealing with a historically bad economy that requires the undivided ...
How Obama Stopped Worrying and Learned to Love the Oligarchy
By Robert and Donna Trussell - Politics DailyFollow the Trussell cartoons on Twitter at ChaosTheoryPD ...
Obama Signs Small Business Bill Into Law
By Joseph Schuman - AOL News
(Sept. 27) -- President Barack Obama today signed into law a chain of tax cuts for small businesses and up to $14 billion in federally funded loans aimed at stimulating job creation, in what's likely to be the government's last bid to boost the economy before the midterm elections. Enactment of the Small Business Jobs Act, passed with the support of just two Republicans in the Senate and one in the House, comes at a time when economic growth has yet to generate enough momentum to replace the more than 8 million jobs taken by the recession -- the majority from small businesses. A dearth of ...
Obama Takes the Economic Fight to Republicans
By Joseph Schuman - AOL News(Sept. 8) -- It is still the economy, stupid. In case the American electorate forgot that bellicose mantra, which helped Bill Clinton win the presidency in 1992, it has re-emerged as the most resonant political truth this midterm election year. Republicans are slamming the governing Democrats for the country's persistently high unemployment, and President Barack Obama is hitting back with charges that the GOP caused the recent recession in the first place and is blocking the economic remedies he wants to get through Congress. Milwaukee Journal Sentinel / MCT President Barack Obama, here in ...
Economy: Still Going Down . . . Except for This
By Robert and Donna Trussell - Politics Daily...
Opinion: The Immigration Solution to Job Growth
By not in system - AOL News(Aug. 3) -- Some people need a new job. Some people need any job. The question being asked across America these days goes something like, "Where will the new jobs come from?" Will they come from big corporations? From the government? Will they fall from the sky? Some people seem to think so. How else to explain their reluctance to embrace the most powerful economic stimulus of the era -- immigration. The fact is, new jobs in the new economy are powered by startups -- businesses started by entrepreneurs. And much of the entrepreneurial fuel in this country comes from immigrants. THREE-PART ...
Opinion: Here's One Way States Can Create Jobs
By not in system - AOL News(Aug 2) -- Politicians have spent billions on so-called stimulus and bailouts, yet today's unemployment rate is two times greater than in January 2008. If states are looking for a way to boost employment, a good place to start would be reining in lawsuit abuse -- commonly called tort reform. Consider: In 2009, the 10 states that ranked worst when it comes to lawsuit abuse had an average unemployment rate 33 percent greater than the 10 best tort states. In 2006, job growth was 57 percent greater in the 10 states with the best tort climates than in the 10 worst states. The differences between ...
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