Blue Collar Philosophy

Washington (Reuters) – President Barack Obama steps of December, the White House stage to show their political needs can better serve the U.S. cares about unemployment sky high, new ways to promote economic development is cheaper Search .

Obama said last week that he was interested in measures to accelerate job creation without spending money, and warned that more ongoing credit risk is a double dip recession.

White House has already stressed that the work of the conference on December 3 was about a second incentive package.

Obama in the U.S. unemployment rate to meet the highest pressure in one generation, which at 10.2 percent, is forcing down their election ratings, once in high and legislative elections next year could harm his fellow Democrats.

There ‘presidents economic summit “hosted by a long history in December 1992 about the economy, including Bill Clinton, his concern, show – even before he took office – and George W. Bush in August 2002 S.

But economists say that a significant additional expenditure rule out the economy, Obama can accomplish limit lift platform appear, and make it look like the risk of a public relations exercise.

,, Budget and Policy Priorities, a liberal on that tank in Washington at the Center Chief Economist Chad Stone “there a high demand for goods and services people are willing to recruit people” said.

He said, “I do not know how to do things without really effective are stimulants that increase in demand” said.

Obama excitement emergency in February, inter alia, a bill in the long term benefit of 787 billion US Sign dollars – cash assistance for state and local governments lack the money to help them lay workers, and to avoid term unemployment, infrastructure, education and money spent on health.

And excitement toward Tiptoed

Called again to stone unemployment benefits and help states continue.

This assistance can put an extension as for Obama already agreed within the framework of the first spending package instead inspired a new bill, but pay 100 billion US Dollars can add, if all programs were repeated expired, Stone said.

Besides, America’s largest union, AFL Working CIO, expansion of unemployment insurance and aid to states recommended.

He also wants more money for food stamps, schools and infrastructure spending, and about U.S. $ 700 billion fund to rescue banks from the removal of resources to help small businesses obtain credit.

Recruitment Forum, a trade, labor and financial experts to bring, then – green jobs to boost loans for small businesses to create six, including an independent group called the session, and more infrastructure spending, the U.S. exports., Retraining workers, and how to encourage companies to hire an argument.

Some of these suggestions for Obama has expressed openness. In an interview Wednesday, he told Fox News that he knew about some of the states need money to help to prevent the firing of public workers, and that after a tax provision may encourage companies hire rather quickly To merit.

Economic Policy Institute, a liberal Washington think tank, estimated 15 percent of new job credit of $ 28 billion in 2010 cost 28 million jobs will be created.

But critics worry that this approach essentially government finally has filled some positions as it is subsidized, it is difficult to judge how many new jobs had been created.

This issue Obama administration, which kept the number of jobs created by exaggerating or first excitement of the fire is going to cause problems for the remains.

Supply side

Some favor more aggressive supply side approach.

, New York, dean of Columbia Business School, former President George W. Bush was a top adviser Glenn Hubbard “President’s attention and should start doing damage” did.

“… To support the continuous training and payroll taxes and corporate tax cuts are going the way,” he said, arguing that the deficit without killing methods employed were excited, long time.

Obama’s first excitement of a record U.S. $ 1.4 trillion budget deficit and debt – government spending, in terms of financial assistance given may harm than good.

Treasury bond investors at risk of issuing a flood of government, driving long-term borrowing costs and high economic growth could be scared of lame. But other demands discharging can be hard for politicians to resist.

,, Research and Policy Director John irons MYP “I already (think stimulus package), was absolutely necessary and closed down. But I think we need a little more to ensure that recovery is not a burden “said. “We must ensure that recovery is a strong recovery.”

Rising unemployment, Quinnipiac University political costs of a recent survey mentions Obama at the national level showed 48 percent job approval rating fell, the first time that had sunk below 50 percent. Approval rating for his handling of the economy was 43 percent less.

Forum bringing together leading figures from business and work to be investigating “all the good ideas” for promoting job creation, the White House. Obama White House on a national road trip to start the main part of the Beltway bubble and ideas will survive.

Their critics, political theater, it will be pure.

“Free to talk about? Can not be good, and why we have not already done?” Said Alex Brill, a conservative American Enterprise Institute.

, That “I do not know that something you (good price) can, therefore I conclude that politics should be about” that.