Monday, November 30, 2009

White House, Business Leaders Split on How to Create Jobs - WSJ.com

White House, Business Leaders Split on How to Create Jobs - WSJ.com: "WASHINGTON -- The Obama administration and U.S. business leaders will meet at the White House this week to ponder ways to boost employment. Their ideas, though, don't overlap much.

Businesses of all sizes are brimming with proposals they say would spur economic growth. The most commonly voiced are tax cuts and boosting access to credit."

The White House, for its part, wants to discuss job growth in the clean-tech sector and shifting some stimulus spending to infrastructure projects. Obama aides are also eyeing a limited range of incentives for small businesses to create jobs.

A 10.2% jobless rate, the worst since 1982, is emerging as the administration's biggest domestic challenge, a threat to the weak economic recovery and Democrats' hold on Congress. But many of the nostrums floated by business would increase spending or reduce tax receipts, unpalatable moves for the White House as the nation's huge deficit becomes a political liability.


When all else fails, fall back on your a community agitator .. er .. organizer roots ...


From http://media.bulletinnews.com/playclip.aspx?clipid=8cc3f3dcf9be4c0


Sunday Evening News
Sunday, November 29 2009
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