Now that the debt ceiling debate has been pushed under the rug for a few months, the White House is pledging to “pivot” once again and focus on job creation. It’s about time , GOP Rep. Kevin McCarthy suggests in a new video ad out today. The House Majority Whip challenges Obama’s failed economic policies and asks, “Mr. President: Where are the jobs?” There have been a lot of nice speeches about jobs. Now it’s time for speeches to stop and actions to begin. The President said it would be the “Recovery Summer” last year, but when you look at entrepreneurship over the last twelve months it’s been the lowest in a decade. It’s time to read the data, stop the speeches, and take action that creates jobs, empowers entrepreneurs and gets this country working again. Now is a time for action, not political posturing.
See original here:
GOP Rep: Where are the jobs, Mr. President?
The Wall Street Journal updates us on “Recovery Summer, Part Two”: Companies are laying off employees at a level not seen in nearly a year, hobbling the job market and intensifying fears about the pace of the economic recovery. Cisco Systems Inc., Lockheed Martin Corp. and troubled bookstore chain Borders Group Inc. are among those that have recently announced hefty cuts, while recent government numbers underscore how companies have shifted toward cutting jobs. The increase in layoffs is a key reason why the U.S. recorded an average of only 21,500 new jobs over the past two months, far below the level needed to bring down unemployment, which now stands at 9.2%. Keep reading this post . . .
Read the original here:
When Do the Bumps Stop and When Does the Road Resume?
After two years of mostly bad ideas on how to handle the recession, which turned into the worst economic downturn since the Great Depression, which happened while Democrats were in control of the federal government, Obama is looking to reboot! Which should lead to more great failed sloganeering, like “Recovery Summer”. Thankfully, Obama won’t have
Read the original post:
Snap! Obama Plans To Reboot On Economic Advice


