Wednesday, September 7, 2011

The President's Speech On Jobs Contrained By GOP Focus On Deficits

This article about the President's speech about jobs this evening is part of our problem. We could be facing a double dip recession but our economic policy is being shaped by the party that controls the House of Representatives, and not the party that controls the Senate and the White House. The president's proposal is constrained by what he believes to be doable in a situation in which the GOP has made deficit reduction more important than the problem of unemployment. That issue is not addressed in this article. Its all about describing the horse race between the two parties.

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