Economists have been looking over the $447 billion job-creation package President Obama proposed to Congress Thursday night. Some say the president's proposal will boost growth significantly, but others have their doubts.
The Barbershop guys join host Michel Martin to discuss the new jobs plan that President Obama presented to Congress Thursday. They also talk about what U.S. officials call a "credible" potential terrorist threat, coinciding with the Sept. 11 anniversary; and the GOP debate Wednesday.
President Obama presented his jobs plan to Congress Thursday evening. It proposes tax cuts to businesses that hire new employees, reforms to the unemployment insurance system and investments in schools and infrastructure. Host Michel Martin discusses the plan with National Urban League President Marc Morial and small business owner Andy Shallal.
In the 2012 election cycle, "Job No. 1" for any political candidate will be to lay out persuasive plans for generating more middle-income jobs. Read a summary of proposals by President Obama, some of his Republican challengers, U.S. businesses groups and labor organizations.
In a Morning Edition interview, the treasury secretary defended the president's jobs plan. Geithner says if passed, the plan "would have a substantial, powerful effect on strengthening the economy." He said that tax cuts aimed at small businesses who hire new workers would boost employment quickly.
Appearing before a joint session of Congress, President Obama outlined his American Jobs Act. Some on Capitol Hill said it was a rehash of other ideas. House Majority Leader Cantor says he heard some proposals that probably can be accomplished.
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