Dissecting the President’s jobs bill

The World

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.

Do you support journalism that strengthens our democracy?

At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.

Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!