Obama: My Plan Creates 1.9 Million Jobs

Friday, 16 Sep 2011 07:58 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
President Barack Obama has attached numbers to his jobs bill.

The big number is 1.9 million jobs, USAToday reports.

At a Thursday night fundraiser, Obama said his proposal would create  millions jobs and reduce the staggering 9.1% unemployment rate by at least a percentage point.

He thinks the plan would add two percentage points to the GDP, as well, but it all hinges on Congress.

"The Republicans in the House, their natural instinct right now is not to engage in the kind of cooperation that we'd like to see," Obama said.

The projections appear to repeat the same ones made by Mark Zandi, chief economist at Moody's Analystics.  But, USA Today points out, Zandi also criticized the plan for ignoring home foreclosure "crisis."


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

House GOP Fears Constituents' Ire If Border Bill Delayed

Friday, 25 Jul 2014 15:30 PM

House Republicans who will be returning to their constituents in August without having passed a bill to address the infl . . .

Putin's 'Gunman' Demanding More Russian Support in Ukraine

Friday, 25 Jul 2014 15:10 PM

The Russian commander in charge of separatist militia forces in Ukraine has a warning for Russia President Vladimir Puti . . .

Study Finds Delays for VA Mental Health Care, High Suicide Risk

Friday, 25 Jul 2014 15:18 PM

More than two-thirds of veterans who needed mental health care at a Veterans Administration clinic suffered long delays  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved