News / USA

White House Highlights Stimulus Job Creation

Multimedia

U.S. President Barack Obama visited Columbus, Ohio Friday to mark the groundbreaking on the 10,000th road project funded by the American Recovery Act.  The president's visit is part of the administration's efforts to shine a spotlight on the impact of the approximately $800 billion stimulus package on job creation.  But some economists say the stimulus is creating fewer jobs than the White House claims.

A little more than a year after Congress enacted the American Recovery and Reinvestment Act, President Barack Obama says the U.S. economy is on the path to recovery. "And today I return to Columbus to mark a milestone on the road to recovery:  The 10,000th project launched under the Recovery Act.  That's worth a big round of applause," he said.

The president's visit to Ohio is part of a six week push to focus attention on the impact of the approximately 800 billion dollar stimulus on job creation.

Vice President Joe Biden is Mr. Obama's point man on the Recovery Act. "Thus far, we have allocated over $620 billion of the Act, and as a result, the Recovery Act is responsible for somewhere between 2.3 million and 2.8 million jobs that were either saved or created," he said.

A growing number of economists say the stimulus has indeed kept more Americans away from the unemployment lines.  

But Alan Viard, senior fellow at the conservative leaning American Enterprise Institute, says the White House numbers are inflated. "The fact that unemployment has remained so high does suggest that the stimulus has not had as large an impact as the administration claims," he said.

Without the stimulus, Viard admits unemployment would be higher than the current 9.7 percent, but he says the massive cash infusion into infrastructure projects has created fewer than a million jobs. "I think it made sense to do the stimulus, but it should have been smaller and better focused than the administration certainly did," he said.

Opposition Republicans claim more than three million jobs have been lost since the bill's passage, and they say it contributes to the nation's soaring debt.

While analysts say no one knows for sure how many jobs the stimulus has created, President Obama says he's under no illusions that one program alone can solve the nation's economic problems. "So while the recovery may start with projects like this, it can't end here," he said.

The economy is sure to be among the top issues in the November elections.

The administration is counting on an improving job picture to keep majority control of both houses of Congress.  But Republicans insist only the private sector, and not government, can turn the U.S. economy around.

You May Like

Is Air Travel Safe?

Aviation expert says despite tragic losses of Malaysian Airlines flights 370 and 17, industry experienced lowest fatality rate in recorded history last year More

Multimedia 100 Days Later, Nigerian Girls Still Held

Activists holding rallies in Nigeria and several other countries to mark 100th day of captivity for more than 200 schoolgirls being held by Boko Haram More

Chocolate Too Bitter? Swap Sugar for Mushrooms

US food technology company develops fermentation process using mushrooms to reduce bitterness in cocoa beans, believes it will cut sugar content in candy 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.
US Carriers Suspend Travel to Israeli
X
Carolyn Presutti
July 23, 2014 1:21 AM
The United States is prohibiting American carriers from flying to Israel's airport in Tel Aviv for 24 hours, because of rising violence between Israel and Hamas militants. The action was announced on Tuesday, after a rocket fired by Hamas militants in the Gaza Strip landed near the airport. As VOA's Carolyn Presutti tells us, international officials soon may have to determine which combat zones are too dangerous for commercial flights.
Video

Video US Carriers Suspend Travel to Israel

The United States is prohibiting American carriers from flying to Israel's airport in Tel Aviv for 24 hours, because of rising violence between Israel and Hamas militants. The action was announced on Tuesday, after a rocket fired by Hamas militants in the Gaza Strip landed near the airport. As VOA's Carolyn Presutti tells us, international officials soon may have to determine which combat zones are too dangerous for commercial flights.
Video

Video NASA Focuses on Earth-Like Planets

For decades, looking for life elsewhere in the universe meant listening for signals that could be from distant civilizations. But recent breakthroughs in space technology refocused some of that effort toward finding planets that may harbor life, even in its primitive form. VOA’s George Putic reports on a recent panel discussion at NASA’s headquarters, in Washington.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video Relic of Saint Draws Catholics Worried About Immigration Issue

A Roman Catholic saint who is a figure of devotion for those crossing the border into the United States is attracting believers concerned about the plight of undocumented immigrants. Mike O'Sullivan reports from Los Angeles, where a relic of Saint Toribio has drawn thousands to local churches.
Video

Video US Awards Medal of Honor for Heroics in Bloodiest of Afghan Battles

U.S. combat troops are withdrawing from Afghanistan, on pace to leave the country by the end of this year. But on Monday, U.S. President Barack Obama took time to honor a soldier whose actions while under fire in Afghanistan earned him the Medal of Honor. VOA's Jeff Seldin has more from the Pentagon.
Video

Video Ukraine Rebels Surrender MH17 Black Boxes

After days of negotiations, a senior separatist leader handed over two black boxes from an airliner downed over eastern Ukraine to Malaysian experts early Tuesday. While on Monday, the U.N. Security Council unanimously demanded that armed groups controlling the crash site allow safe and unrestricted access to the wreckage.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.
Video

Video Nature of Space Exploration Enters New Age

Forty-five years ago this month, the first humans walked on the moon. It was during an era of the space race between the United States and the Soviet Union. World politics have changed since then and -- as Elizabeth Lee reports -- so has the nature of space exploration.

AppleAndroid