Tuesday, August 30, 2011

New Details on Pres. Barack Obama's Job Plan

New Details on Pres. Barack Obama's Job Plan

- Extending the pay-roll tax cut that already exists for employees.

- Extending the pay-roll tax cuts for employers to encourage them to hire new workers. Furthermore, giving them a tax break if they hire people who have been unemployed for six months or more, for instance.

- Democrats are pushing for plan that creates new funding to renovate the broken-down schools around the country. That means investing in our infrastructure and rebuilding in your community, which would definitely put those unemployed construction crews back to work. It also helps education in the long run.

- Jobs training program for the long term unemployed that lets them keep their unemployment benefits while getting some jobs-training.

Now, Barack Obama and the Democrats are clear on that fact that the Republicans may not go along with all the details on this plan. So what they are trying to do is chop this huge plan up to pieces, modify parts if necessary, and then proceed forward. Also, there's a not a lot of expectation in Washington, and in the Obama White House, that this plan will get passed. The Obama Administration is also making an attempt to separate spending cuts as part of Obama's recommendations to the Super-Committee that would off-set any new costs in the jobs plan, so it would end up being neutral. But the Republicans are already opposed to that plan, which why some people, including myself, are not very optimistic about this plan. Nevertheless, there's nothing wrong with trying to get something done, right? Bottom-line is that if the Republicans opposed this plan, President Barack Obama can go on the road taking the case directly to the American people. After all, they are the ones that are going to re-elect Pres. Obama in 2012.
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