The U.S. Department of Labor announced this morning that the jobless rate has dropped below 8 % for the first time in almost four years. The number of people reporting they’re employed has jumped by 873,000 in the month of September. The percentage of unemployed dropped from 8.1% to a 44-month low.
I say pretzel because the convoluted, twisted logic they use in their editorial makes a pretzel look like a straight line. In their Editorial “Make the ‘right to vote’ on taxes a two-way street” the Register argues; “Mr. Brown says voters have a right to be asked to increase taxes five years by extending 2009′s…
In this weekâ€™s address, President Obama laid out a policy agenda that would strengthen our economy and create jobs right here in America by offering tax incentives to businesses that hire new employees, making the research and experimentation tax credit permanent and providing a tax cut for clean energy manufacturing. The President also wants to close tax loopholes worth billions of dollars that encourage companies to invest in overseas, while Republicans in the House have voted 11 times in just the last four years to keep those loopholes open.
In this weekâ€™s address, President Obama said that, even as we work to rebuild our economy and jumpstart job creation, it is imperative that we offer our children a quality education in order for America to succeed in the 21st century. While Republicans in Congress are looking to cut education funding by 20 percent, the President remains committed to enacting reforms that provide every child with a world-class education while at the same time equipping them with the skills and training they need to compete in the new global economy. The President will continue fighting for an education system that helps to build a strong middle class and gives our children the best possible chance in life.
After the Supreme Court overturned decades of law and precedent in the Citizens United decision, the administration tried to fix the new loopholes in the campaign finance system with a common sense law. But, the GOP leadership has blocked a vote on the law in the Senate in hopes that the special interests will reward them by funding attack ads against their opponents.
In this weekâ€™s address, the President urged Republican leaders in Congress to end their obstruction of a bipartisan bill that will reduce the influence wielded by corporations and foreign entities. The President vowed to continue the fight for reform and transparency, and said elected officials who benefit from corporate or foreign-funded ads should either defend the ads or join the bipartisan effort to stop them.
The President calls on Republicans in Congress to put scoring political points aside, and instead to focus on solving the problems facing the nation. At the time of this address, the Republican leadership is blocking progress on a bill to boost the economy, retain jobs for teachers and cops, and help people buy their first home.