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Bill Clinton's advice to Democrats: Oppose austerity

"Here's the dilemma: we do have a long-term debt problem, but that doesn't mean that austerity now is the right response," Clinton said, adding that Republicans only support austerity measures "when Democrats are president." An affirmative plan on how to spark job creation and growth is a more powerful argument to the public than the GOP's advocacy for spending cuts and downsizing government, he contended.

 

Congress passes student loans, highway jobs bill

Congress

Finding rare political accommodation on the cusp of a holiday recess, Congress passed legislation Friday designed to salvage 2.8 million jobs and shield students from a sharp increase in loan interest rates....

 

Republicans rooting for failure in economy, Obama campaign says

Republicans are hoping the economy continues to struggle so they can win the White House in November and should put those political concerns aside and take steps to boost job creation, top Obama campaign officials said Sunday.

Senh: I've highlighted a similar article previously, but it's worth highlighting again. Republicans in congress are rooting for the worst for America.

 

Obama to give 'to do list' to Congress

President Obama plans to give Congress a "to do list" today that he says will create jobs.

 

Obama Urges Congress to Extend, Expand Small-Business Tax Breaks

President Barack Obama sent Congress today a package of small business measures he said would expand tax relief and unlock capital to boost the economy and create jobs.

 

Books of The Times: ‘Back to Work’ Has Bill Clinton’s Ideas for America - Review

Books of The Times: ‘Back to Work’ Has Bill Clinton’s Ideas for America - Review

Bill Clinton’s new book, “Back to Work,” is really several books in one slender volume. It’s a lucid one-man rebuttal of the Tea Party’s anti-government agenda. A series of shrewd talking points for Democrats trying to hold on to the White House and battling for control of Congress in the midst of a sour economy and growing voter discontent. A self-serving reminder of the prosperity the country enjoyed during Mr. Clinton’s tenure in the White House, meant to burnish his legacy. And a practical set of proposals — some borrowed and some new, some innovative and some highly sketchy — for restoring economic growth and creating jobs.

Senh: Good timing, former Mr. President. When he was president, we were prosperous. It should be interesting to hear what he has to say, however biased it is. Democrats are coming together just in time for the 2012 presidential election.

 

It’s the Economy: Can Politicians Really Create Jobs?

The answer is no. And that goes for presidential candidates too.

 

Obama cites income gap to push jobs bill

President Barack Obama is using a new report on the income gap between the richest Americans and everyone else to continue pushing for passage of his stalled $447 billion jobs bill.

Senh: There's nothing much here that we haven't already seen in previous articles, but it's a good summary of what has happened with the jobs bill so far. What I'm wondering is if it makes much of a difference for Barack Obama to go out and promote his job plan when Republicans are so opposed to it. People can't vote on this, it's up the lawmakers in congress to pass it.

 

Obama signs two more jobs-related orders

Obama signs two more jobs-related orders

President Obama signed two more executive memorandums today, saying they will help employment at a time when congressional Republicans are blocking his $447 billion jobs bill.

Senh: The two executive orders seem kinda minor - speeding up federal R&D projects to the marketplace and a site listing federal programs for businesses looking to export jobs. USAjobs.gov was embarassing, so let's hope there's more thought and better execution on the new orders.

 

Republican leaders oppose most of Obama's jobs plan

House Republican leaders came out against nearly all the major proposals in President Obama's $447 billion job-creation plan Friday, inluding ...

 

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