President Barack Obama spoke at a town hall meeting in Elkhart, Indiana on the American Recovery and Reinvestment Plan.
After losing nearly 600,000 jobs in the past month alone, the President said that, “We’ve had a good debate. Now it’s time to act. That’s why I am calling on Congress to pass this bill immediately. Folks here in Elkhart and across America need help right now, and they can’t afford to keep on waiting for folks in Washington to get this done.”
Some of the critics of the bill say that jobs being created will only be government jobs, but according to the President, nearly 80,000 jobs will be created in Indiana and more than 90% of those will be in the private sector.
During the question and answer session, people wanted to know where the money will be going, and the President said that a website will be created at recovery.gov which will give people a report on how the money is being spent.
The President said that “I also can’t tell you with one hundred percent certainty that everything in this plan will work exactly as we hope. But I can tell you with complete confidence that endless delay or paralysis in Washington in the face of this crisis will bring only deepening disaster.”
The President wants tax-cuts to go to the middle class and said that, “When you give a tax break to working families they will spend it,” and “When you give it to the wealthier families they just put it away somewhere, so it’s not circulating in the economy.”
“We know that even with this plan, the road ahead won’t be easy. This crisis has been a long time in the making, and we know that we cannot turn it around overnight. Recovery will likely be measured in years, not weeks or months. But we also know that our economy will be stronger for generations to come if we commit ourselves to the work that needs to be done today. And being here in Elkhart, I am more confident than ever before that we will get where we need to be.” said President Obama.
by Suzia van Swol, Talk Radio News Service-University of New Mexico
Endless delay won’t get the job done
After losing nearly 600,000 jobs in the past month alone, the President said that, “We’ve had a good debate. Now it’s time to act. That’s why I am calling on Congress to pass this bill immediately. Folks here in Elkhart and across America need help right now, and they can’t afford to keep on waiting for folks in Washington to get this done.”
Some of the critics of the bill say that jobs being created will only be government jobs, but according to the President, nearly 80,000 jobs will be created in Indiana and more than 90% of those will be in the private sector.
During the question and answer session, people wanted to know where the money will be going, and the President said that a website will be created at recovery.gov which will give people a report on how the money is being spent.
The President said that “I also can’t tell you with one hundred percent certainty that everything in this plan will work exactly as we hope. But I can tell you with complete confidence that endless delay or paralysis in Washington in the face of this crisis will bring only deepening disaster.”
The President wants tax-cuts to go to the middle class and said that, “When you give a tax break to working families they will spend it,” and “When you give it to the wealthier families they just put it away somewhere, so it’s not circulating in the economy.”
“We know that even with this plan, the road ahead won’t be easy. This crisis has been a long time in the making, and we know that we cannot turn it around overnight. Recovery will likely be measured in years, not weeks or months. But we also know that our economy will be stronger for generations to come if we commit ourselves to the work that needs to be done today. And being here in Elkhart, I am more confident than ever before that we will get where we need to be.” said President Obama.
by Suzia van Swol, Talk Radio News Service-University of New Mexico