News / USA

Stakes Are High as Obama Prepares Economic Plan

President Barack Obama walks to the Rose Garden of the White House in Washington, DC, August 31, 2011.
President Barack Obama walks to the Rose Garden of the White House in Washington, DC, August 31, 2011.
Kent Klein

President Barack Obama will go before a joint session of Congress and a nationwide television audience next Thursday, September 8 to announce his plan to boost the struggling U.S. economy. The president’s chances of being re-elected could depend on the outcome.

With the economy stagnating and unemployment hovering around nine percent, the president said recently said he will unveil a plan to put more Americans to work.

“I will be laying out a series of steps that Congress can take immediately to put more money in the pockets of working families and middle-class families, to make it easier for small businesses to hire people, to put construction crews to work rebuilding our nation’s roads and railways and airports, and all the other measures that can help to grow this economy,” said Obama.

Opinion polls

Recent public opinion polls show that Obama’s job approval rating has sunk to about 44 percent, one of the lowest rates of his presidency.  Almost two-thirds of those surveyed [65 percent] say they are not happy with the way he is handling the economy.

As a result, other polls indicate that the president could be vulnerable in the November, 2012 presidential election.

Partially because of political concerns, there has been disagreement within the West Wing and around Washington on how aggressive Obama’s job creation proposals should be.

White House officials are said to be considering including job training programs for long-term unemployed, tax cuts for middle-income Americans, and tax breaks for businesses that hire workers. The program also may contain new spending to rebuild schools, bridges, roads and other infrastructure.

Free-trade agreements

In addition, Obama is expected to continue to call on Congress to approve pending free-trade agreements with Panama, Colombia and South Korea.

The president and his aides describe their plan as a reasonable initiative that should be acceptable to opposition Republicans.

“These are bipartisan ideas that ought to be the kind of proposals that everybody can get behind, no matter what your political affiliation might be. So my hope and expectation is that we can put country before party and get something done for the American people,” he said.

But Representative Joe Walsh, from the central state of Illinois, said it is not likely that the president will propose anything that he and his fellow Republicans could endorse.

“In general, I think it is going to be more stimulus, more government expenditures, more government borrowing to try to stimulate the economy, and, look, it has failed for three years. We need the opposite of what the president has done, not more of the same.”

Republican critics

Republicans are expected to campaign instead for tax cuts and and a freeze on some government regulations on businesses.

Because Republicans are not expected to support the president’s plan, some political analysts say Obama should propose a sweeping package of legislation.

Larry Sabato, the director of the Center for Politics at the University of Virginia, said “The president should probably go big, because the truth is that he is not going to get anything passed whether it is big or small. So he might as well sound as though his plan is grand and that it would have a big impact if the Republicans passed it. But nothing is going to happen, and that is obvious to everybody.”

Roger Hickey, the co-director of a liberal advocacy group called the Campaign For America’s Future, also wants the president to put forth a bold plan.

“If he simply focuses on what will pass the Republican Congress, he will look to the American people like he does not think it is the crisis that they feel it is.”

Even the routine scheduling of the president’s address to Congress became mired in partisan disagreement. Obama asked House of Representatives Speaker John Boehner to allow him to speak in the House chamber next Wednesday night, at the same time as a televised debate among Republican presidential candidates, some of whom are members of Congress.

The speaker rejected the request, and offered to let the president speak the following night, when the National Football League season begins. The administration accepted the offer.

One lawmaker who will not be in the House chamber on Thursday night is Republican Representative Walsh, who said the speech will be nothing more than a political show.

“He is trying to create the impression that he is a leader, and I just will not be a prop in this play of his. I am not going to attend the joint session. I am going to fly home that night and hold a town hall with the real job creators in this country, small business men and women.”

State of the economy

Some people in Washington say this speech may be the most important of President Obama’s career. But Sabato said it’s the state of the economy that will determine whether Obama is re-elected in 2012.

“The only thing that will affect the president’s re-election is whether the economy actually gets better, not whether speeches are given about the economy getting better.”

The administration’s Office of Management and Budget is forecasting that the unemployment rate will linger around nine percent through next year. However, the president’s press secretary, Jay Carney, said passage of Obama’s jobs plan would help reduce that number.

You May Like

Photogallery Snowstorm Sweeps Northeastern US

'This is nothing like we feared it would be,' New York City Mayor Bill de Blasio says; he had earlier warned storm could be one of worst the city has ever faced More

Millions of Displaced Nigerians Struggle With Daily Existence

Government acknowledges over a million people displaced in 2014 due to fight against Boko Haram insurgency More

Facebook: Internal Error to Blame for Outages

Temporary outage appeared to spill over and temporarily slow or block traffic to other major Internet sites More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Obama Urges Closer Economic Ties During Historic India Visiti
X
Aru Pande
January 26, 2015 9:33 PM
U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video Obama Urges Closer Economic Ties During Historic India Visit

U.S. President Barack Obama says the United States and India must do better to capitalize on untapped potential in their economic relationship - by removing some of the roadblocks to greater trade and investment. As VOA correspondent Aru Pande reports from New Delhi, Obama spoke after participating in India’s Republic Day celebration.
Video

Video US, EU Threaten New Russia Sanctions Over Ukraine

U.S. President Barack Obama has blamed Russia for an attack by Ukrainian separatists that left dozens dead in the port of Mariupol and cast further doubt on the viability of last year’s cease-fire with the Kyiv government. VOA’s Michael Bowman reports from Washington.
Video

Video White House Grapples With Yemen Counterterrorism Strategy

Reports say the U.S. has carried out a drone strike on suspected militants in Yemen, the first after President Barack Obama offered reassurances the U.S. is continuing its counterterrorism operations in the country. The future of those operations has been in question following the collapse last week of Yemen’s government. VOA White House correspondent Luis Ramirez reports.
Video

Video Kerry Warns Against Violence in Nigeria Election

US Secretary of State John Kerry visited Nigeria Sunday in a show of the level of concern within the U.S. and the international community over next month’s presidential election. Chris Stein reports.
Video

Video Zoo Animals Show Their Artistic Sides

The pursuit of happiness is so important, America's founding fathers put it in the Declaration of Independence. Any zookeeper will tell you animals need enrichment, just like humans do. So painting, and even music, are part of the Smithsonian National Zoo's program to keep the animals happy. VOA’s June Soh met some animal artists at the zoo in Washington. Faith Lapidus narrates.
Video

Video Worldwide Photo Workshops Empower Youth

Last September, 20 young adults from South Sudan took part in a National Geographic Photo Camp. They are among hundreds of students from around the world who have learned how to use a camera to tell the stories of the people in their communities through the powerful medium of photography. Three camp participants talked about their experiences recently on a visit to Washington. VOA’s Julie Taboh reports.
Video

Video Saudi, Yemen Developments Are Sudden Complications for Obama

The death of Saudi Arabia's King Abdullah and the collapse of Yemen’s government have cast further uncertainty on U.S. efforts to fight militants in the Middle East and also contain Iran’s influence in the region. VOA White House correspondent Luis Ramirez reports on the new complications facing the Obama administration and its Middle East policy.
Video

Video Progress, Some Areas of Disagreement in Cuba Talks

U.S. and Cuban officials are reporting progress from initial talks in Havana on re-establishing diplomatic ties. U.S. Assistant Secretary of State (for Western Hemisphere Affairs) Roberta Jacobson said while there was agreement on a broad range of issues, there also are some “profound disagreements” between Washington and Havana. VOA State Department correspondent Pam Dockins has the story.
Video

Video US, Japan Offer Lessons as Eurozone Launches Huge Stimulus

The Euro currency has fallen sharply after the European Central Bank announced a bigger-than-expected $67 billion-a-month quantitative easing program Thursday - commonly seen as a form of printing new money. Henry Ridgwell reports for VOA from London on whether the move might rescue the eurozone economy -- and what lessons have been learned from similar programs around the world.
Video

Video Nigerian Elections Pose Concern of Potential Conflict in 'Middle Belt'

Nigeria’s north-central state of Kaduna has long been the site of fighting between Muslims and Christians as well as between people of different ethnic groups. As the February elections approach, community and religious leaders are making plans they hope will keep the streets calm after results are announced. Chris Stein reports from the state capital, Kaduna.
Video

Video As Viewership Drops, Obama Puts His Message on YouTube

Ratings reports show President Obama’s State of the Union address this week drew the lowest number of viewers for this annual speech in 15 years. White House officials anticipated this, and the president has decided to take a non-traditional approach to getting his message out. VOA White House correspondent Luis Ramirez reports.
Video

Video S. Korean Businesses Want to End Trade Restrictions With North

Business leaders in South Korea are calling for President Park Geun-hye to ease trade restrictions with North Korea that were put in place in 2010 after the sinking of a South Korean warship.Pro-business groups argue that expanding trade and investment is not only good for business, it is also good for long-term regional peace and security. VOA’s Brian Padden reports.

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More

All About America

AppleAndroid