INVESTOR’S BUSINESS DAILY: Will This ‘Major’ Jobs Speech Be Any Different Than Others?
For more than two years the president has been giving “important” jobs speeches — and no wonder. After an $830 billion stimulus and multiple “jobs” bills since, the employment picture has only deteriorated. The economy added zero jobs in August, and 2.4 million fewer people work today than when Obama took office.
Yet despite the advance billing on all those previous speeches, none was anything remotely “bold” or “imaginative,” something Democratic lawmakers and Obama’s liberal media cheerleaders are now hoping for with his next one.
Instead, in every speech, Obama simply dusted off the same crabbed list — more money for roads and “clean energy,” various temporary tax credits, more unemployment insurance, temporary payroll tax cuts — despite the fact that each has already been tried on his watch, and all proved to be expensive failures.
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