Dissecting the President’s jobs bill
On Thursday, President Obama spoke at a press conference from the White House on his jobs proposal, calling it “an insurance policy against a possible double-dip recession.” Obama hopes to fund the plan via a plan pitched by Senate Democrats this week, to tax Americans with incomes above one million dollars per year. Senate Leader Harry Reid plans to bring the jobs bill to the Senate floor next week. Lakshman Achuthan, co-founder and CEO of the Economic Cycle Research Institute, assesses the president’s jobs plan.
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!