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Obama plan would make small dent in jobless rate

Obama plan would make small dent in jobless rate

Even if Congress heeds President Barack Obama's demands to "pass this bill right away" and enacts his jobs and tax plan in its entirety, the unemployment rate probably still would hover in nosebleed territory for at least three more years.

Senh: I would be happy with a 0.5% dent in the unemployment rate. If this jobs bill can produce a 1% drop in unemployment, that's pretty good. What do people expect, that Obama can instantly flick a switch and get unemployment back to pre-recession levels. That's unreasonable. A little bit at a time and eventually, we'll recover from this economic crisis.

 

Obama’s Support Is Slipping, Poll Finds, But His Jobs Plan Is Well Received

President Obama’s support is eroding among elements of his base, and Republicans have not coalesced around a candidate, a New York Times/CBS News poll found.

 

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 ...

 

Opposition growing to Obama jobs plan

Opposition growing to Obama jobs plan

President Obama is getting push back from Republicans and Democrats alike to his $447 billion jobs plan... While those concerns are what House Minority Leader Nancy Pelosi, D-Calif., called "anecdotal" rather than unanimous, the hesitance by some Democrats to embrace the entire plan could force the White House to accept its breakup into smaller pieces.

 

Obama to promote jobs plan in Boehner's home state

Obama to promote jobs plan in Boehner's home state

President Barack Obama is visiting a school undergoing a multimillion-dollar renovation to sell his proposal for creating more jobs. And it's no coincidence that the school is in Ohio, the home state of House Speaker John Boehner, a critic of the president's proposal to tax the rich to pay for his plan....

 

Obama to Congress: 'No games' on passing jobs bill

Obama to Congress: 'No games' on passing jobs bill

President Obama held up a newly printed copy of his $447 billion American Jobs Bill today at the White House and demanded that Congress "immediately" pass it "to put people back to work." "No games, no politics, no delays," Obama said during a Rose Garden ceremony featuring a variety of workers he said would benefit from the legislation. "I'm sending this bill to Congress today, and they ought to pass it immediately."

 

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