FYI –
Today the White House announced that President Obama will give yet another 'big speech' - in a month. As Leader Cantor said today in a Memo to House Republicans, “people expect their leaders to lead. That means moving past the class warfare and the divisive politics and instead doing what is needed to get people working again. That means delivering results, not simply speeches. Republicans only control slightly more than half of one-third of Washington. Despite that, we have focused on jobs since day one, and finally begun to stop Washington from spending money that it doesn’t have.”
President Obama Says He Will Get Serious About Jobs ... Next Month: On his 938th day in office President Obama also said he would soon have a completed jobs plan. Maybe early fall, something like that. (The Los Angeles Times, 8/17/11)
Editorial: Instead Of Putting Forward Ideas To Get Americans Back To Work, President Obama Has Focused On Holding Campaign Event After Campaign Event. What did he do at these stops? He gave political speeches that were hard to distinguish from his campaign fund-raising speeches. He criticized Republicans incessantly, blamed the debt downgrade on them and accused them of putting their party before their country. Then, he worked the rope lines and kissed babies. No, not a campaign trip at all. (Union Leader, 8/17/11)
Editorial: President Obama’s Rehashed Bus Tour Prescriptions Don’t Come Close To Solving The Job Crisis Facing America. The small proposals he mentioned Monday -- renewing payroll tax cuts, an infrastructure bank and incentives for hiring vets -- are worthy ideas that don't come close to matching the proportion of the problem. For millions of unemployed and underemployed Americans, stronger action is needed. If nothing else, he should put the entire administration's muscle behind creating conditions for businesses to expand and hire. (The Minnesota Star-Tribune, 8/16/11)
The Results Of The President’s Failed Economic Agenda: Only Democrat-Controlled Washington Has A Positive Economic Outlook. Washington, D.C., led the nation in economic confidence during the first half of 2011 with the only positive Economic Confidence Index score (+11) in the U.S. Its 12-point increase in confidence compared with the same period a year ago expanded its lead.... Gallup's Economic Confidence Index averaged -28 nationwide during the first six months of 2011, reflecting Americans' pessimistic views of the current and future U.S. economy. This consumer pessimism essentially matches that of the first half of 2010, when the index averaged -26. (Gallup, 8/15/11)