With the unemployment rate at 9.1%, constant republican criticism, and low approval ratings, President Barak Obama purposes a new plan to stimulate jobs in the United States, called the American Jobs Act. The article “Obama calls on Congress to quickly pass his ‘American Jobs Act’” summarizes Obama’s plan on how to create more jobs in the United States.
President Obama presented a speech Thursday, September 8, 2011, to a joint session of Congress telling legislatures to quickly approve the $447 billion package of measures so he can sign it into law. Obama asked Congress to increase the $1.5 trillion target in deficit to cover the cost of the American Jobs Act. Obama said he will propose his own deficit-reduction plan on September 19 that would “reform entitlement programs such as Medicare while changing the tax system to end loopholes, lower the corporate tax rate, and increase taxes for the wealthy.”
The average American needs to read this article because this proposed plan should affect the roughly 14 million people who are currently unemployed. Over the past two years Obama has increased government spending for multiple reasons, and today has not yielded results once campaigning for. Now that the country has lost its triple A bond rating and potentially be surpassed by China as he world’s strongest economy, now is the time for Congress and both parties to agree on a bill that will help our country be great again. This article, for either side on may sit on, affects our local business, schools, and our children’s future.
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