President Barack Obama says there are no gimmicks to grow the economy — just difficult steps that require Washington’s focus.
In his weekly radio and Internet address, Obama is promoting a plan he says can break through gridlock. He’s calling it a grand bargain for the middle class.
Obama says he’s willing to work with Republicans to reform the tax code for businesses. That would mean lowering rates but ending many loopholes and deductions.
But Obama says he’ll only do it if money generated is used for infrastructure, training and job growth.
In the Republican address, Sen. Susan Collins of Maine says Obama’s health care law will cost jobs. She wants to change the law to require companies to provide insurance to employees working 40 hours a week, not 30.
(AP)
Join the official YWN WhatsApp status
5 Responses
Sen Collins, why not get behind the people who want to ABOLISH the horrendous law?? You want a band aid on the bill but the wound is still open. YOU are part of the problem because YOU didn’t read the bill so you don’t know what you signed!!!!!!!!
Sure, obamanomics works. Howmany TRILLIONS have we thrown away for the sake of jobs? The real un/under employment numbers are closer to TWENTY FIVE PERCENT!!!!!!
obama is a blood sucker. he is sucking the money out of hard working people to buy votes
Tax reform would create jobs.
Spending at best creates temporary jobs (and usually just pays off political friends and generates campaign contributions).
If it wasn’t so sad it would be funny. Just more of the same stupidity. Obama. two words: Economics 101.