Friday, June 15, 2012

Obama's Imaginative New Economic Strategy

Speaking to a friendly crowd of 1,500 at a community college in Cleveland, Obama blamed the unrelenting recession on a decade of Republican control in Washington and the weak recovery on a Congress gridlocked by Republicans intent on thwarting his agenda.

"The only thing that can break the stalemate is you," Obama told his supporters. "This November is your chance to render a verdict on the debate over how to grow the economy, how to create good jobs, how to pay down our deficit."

The president is proposing to end tax cuts for people who earn more than $200,000 a year and to invest trillions of dollars in education, medical research and green-energy initiatives that he said would help put Americans back to work.
The worst two years of his presidency were the first two, when he got everything he wanted from Democrat super-majorities in both houses of Congress. What little job growth we've seen has occurred during the last two years when we elected a "Do No More Harm" Congress.

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