Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What do you think will be in the President's job plan?
I think there will be Stimulus #2 or a laundry list of funding for this and that. I personally think, it's too late for Obama to talk about jobs now. What happen to the promise that he would focus like a laser on the economy? It does take a long time for that laser to charge up - doesn't it?
This president lost credibility long time ago when it comes to the economy - right when he pushed Obama Care ahead of the economy.
8 Answers
- HappyLv 710 years agoFavorite Answer
..... I am hoping it will be huge.
Prior to August Obama had 17 straight months of job creation (Bush was losing 750,000 jobs/month).
Job creation bills put forth by Republicans = 0
For August 2011:
Number of private sector jobs created = 17000
Number of government workers fired by Republican governors = 17000
Number of government workers fired by Republican governors since Obama took office = half a million
Also sagging the job numbers are 45,000 Verizon workers who were on strike as the multi-billion dollar corporation wants its workers to pay more for health insurance.
- DocLv 710 years ago
As pointed out, more spending (increasing debt/deficit spending), more tax deductions and credits (decreasing revenue).
As for the tax credits for hiring: the proposal is $5K for each new hiree. Sounds good, but I can't justify hiring if there's no demand for my goods and services. What he proposes is unsustainable and shows complete lack of experience and understanding. Purely from a business proposition, this is what you get when you hire someone who has a completely blank resume to run the largest corporation in the world.
Source(s): Business Owner - YB LogicalLv 710 years ago
Here is a preview.
http://articles.cnn.com/2008-11-22/politics/obama....
Some things never "change" and Obama's ideas are one of them.
"Details of the plan are still being worked out by his economic team, Obama said, but he hopes to implement the plan shortly after taking office January 20."
Sound familiar?
- How do you think about the answers? You can sign in to vote the answer.
- Anonymous10 years ago
It doesn't really matter. The House will say 'NO', then after a few weeks will pass a bill, send it to the Senate. The Senate will reject that and send it back to the House.
- ?Lv 610 years ago
When I heard him say he had a definite way to turn around the economy, create jobs, and get the country going again, I thought he could only be saying thing.
"I quit!"
- TheOnlyBeldinLv 710 years ago
Infrastructure spending.
Payroll tax holiday.
Tax credits for hiring.
Green jobs.
The perfect Keynesian list. And none of it will work.
What should be in it?
Regulatory moratorium and reform of the tax code.
- Anonymous10 years ago
it will be a whole lot of what we NEED to do but little of what is possible if left up to republicans ,