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

Lion Cecil's Killing Sparks 'Canned Hunting' Debate in S. Africa

Conservationists believe incident, which triggered worldwide outrage, will reshape debate about practice in which hunters are allowed to target animals bred for hunting More

Environmentalists Issue Warning on Mekong Biodiversity

Scientists say decades of economic development, hydropower-dam construction, lax law enforcement and trafficking have taken their toll More

US Urges Taliban to Stay With Afghan Peace Talks

Top US Afghan diplomat also meets with Pakistani, Afghan officials following news of Mullah Omar's death 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.
Booming London Property a ‘Haven for Dirty Money’i
X
July 29, 2015 9:34 PM
Billions of dollars of so-called ‘dirty money’ from the proceeds of crime - especially from Russia - are being laundered through the London property market, according to anti-corruption activists. As Henry Ridgwell reports from the British capital, the government has pledged to crack down on the practice.
Video

Video Booming London Property a ‘Haven for Dirty Money’

Billions of dollars of so-called ‘dirty money’ from the proceeds of crime - especially from Russia - are being laundered through the London property market, according to anti-corruption activists. As Henry Ridgwell reports from the British capital, the government has pledged to crack down on the practice.
Video

Video Hometown of Boy Scouts of America Founder Reacts to Gay Leader Decision

Ottawa, Illinois, is the hometown of W.D. Boyce, who founded the Boy Scouts of America in 1910. In Ottawa, where Scouting remains an important part of the legacy of the community, the end of the organization's ban on openly gay adult leaders was seen as inevitable. VOA's Kane Farabaugh reports.
Video

Video 'Metal Muscles' Flex a New Bionic Hand

Artificial limbs, including the most complex of them – the human hand – are getting more life-like and useful due to constant advances in tiny hydraulic, pneumatic and electric motors called actuators. But now, as VOA’s George Putic reports, scientists in Germany say the future of the prosthetic hand may lie not in motors but in wires that can ‘remember’ their shape.
Video

Video Russia Accused of Abusing Interpol to Pursue Opponents

A British pro-democracy group has accused Russia of abusing the global law enforcement agency Interpol by requesting the arrest and extradition of political opponents. A new report by the group notes such requests can mean the accused are unable to travel and are often unable to open bank accounts. VOA's Henry Ridgwell reports.
Video

Video 'Positive Atmosphere' Points Toward TPP Trade Deal in Hawaii

Talks on a major new trade agreement among 12 Pacific Rim nations are said to be nearing completion in Hawaii. Some trade experts say the "positive atmosphere" at the discussions could mean a deal is within reach, but there is still hard bargaining to be done over many issues and products, including U.S. drugs and Japanese rice. VOA's Jim Randle reports.
Video

Video Genome Initiative Urgently Moves to Freeze DNA Before Species Go Extinct

Earth is in the midst of its sixth mass extinction. The last such event was caused by an asteroid 66 million years ago. It killed off the dinosaurs and practically everything else. So scientists are in a race against time to classify the estimated 11 million species alive today. So far only 2 million are described by science, and researchers are worried many will disappear before they even have a name. VOA’s Rosanne Skirble reports.
Video

Video Scientists: One-Dose Malaria Cure is Possible

Scientists have long been trying to develop an effective protection and cure for malaria - one of the deadliest diseases that affects people in tropical areas, especially children. As the World Health Organization announces plans to begin clinical trials of a promising new vaccine, scientists in South Africa report that they too are at an important threshold. George Putic reports, they are testing a compound that could be a single-dose cure for malaria.
Video

Video 'New York' Magazine Features 35 Cosby Accusers

The latest issue of 'New York' magazine features 35 women who say they were drugged and raped by film and television celebrity Bill Cosby. The women are aged from 44 to 80 and come from different walks of life and races. The magazine interviewed each of them separately, but Zlatica Hoke reports their stories are similar.
Video

Video US Calls Fight Against Human Trafficking a Must Win

The United States is promising not to give up its fight against what Secretary of State John Kerry calls the “scourge” of modern slavery. Officials released the country’s annual human trafficking report Monday – a report that’s being met with some criticism. VOA’s National Security correspondent Jeff Seldin has more from the State Department.
Video

Video Washington DC Underground Streetcar Station to Become Arts Venue

Abandoned more than 50 years ago, the underground streetcar station in Washington D.C.’s historic DuPont Circle district is about to be reborn. The plan calls for turning the spacious underground platforms - once meant to be a transportation hub, - into a unique space for art exhibitions, presentations, concerts and even a film set. Roman Mamonov has more from beneath the streets of the U.S. capital. Joy Wagner narrates his report.
Video

Video Europe’s Twin Crises Collide in Greece as Migrant Numbers Soar

Greece has replaced Italy as the main gateway for migrants into Europe, with more than 100,000 arrivals in the first six months of 2015. Many want to move further into Europe and escape Greece’s economic crisis, but they face widespread dangers on the journey overland through the Balkans. VOA's Henry Ridgwell reports.
Video

Video Stink Intensifies as Lebanon’s Trash Crisis Continues

After the closure of a major rubbish dump a week ago, the streets of Beirut are filling up with trash. Having failed to draw up a plan B, politicians are struggling to deal with the problem. John Owens has more for VOA from Beirut.
Video

Video Paris Rolls Out Blueprint to Fight Climate Change

A U.N. climate conference in December aims to produce an ambitious agreement to fight heat-trapping greenhouse gases. But many local governments are not waiting, and have drafted their own climate action plans. That’s the case with Paris — which is getting special attention, since it’s hosting the climate summit. Lisa Bryant takes a look for VOA at the transformation of the French capital into an eco-city.
Video

Video Racially Diverse Spider-Man Takes Center Stage

Whether it’s in a comic book or on the big screen, fans have always known the man behind the Spider-Man mask as Peter Parker. But that is changing, at least in the comic book world. Marvel Comics announced that a character called Miles Morales will replace Peter Parker as Spider-Man in a new comic book series. He is half Latino, half African American, and he is quite popular among comic book fans. Correspondent Elizabeth Lee reports from Los Angeles.
Video

Video Historic Symbol Is Theme of Vibrant New Show

A new exhibit in Washington is paying tribute to the American flag with a wide and eclectic selection of artwork that uses the historic symbol as its central theme. VOA’s Julie Taboh was at the DC Chamber of Commerce for the show’s opening.

VOA Blogs