Will Obama's Jobs Plan Do the Job?

Summary


President Barack Obama's challenge in last week's jobs speech was to address the long-term structural reforms needed to rebuild the nation's economy without ignoring a short-term crisis that could send Americans back into the jaws of a new recession before they have fully recovered from the last one.

The result is a mix of payroll tax breaks for individuals, corporate tax cuts for businesses, aid to state and local governments to preserve jobs for police officers and teachers, investment in roads and bridges, and a program offering temporary work for the unemployed.

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Extract


Will Obama's Jobs Plan Do the Job?

Will Obama's jobs package do the job? It's unlikely that the proposal will put much of a dent in the 9.1 percent unemp...

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