President Obama is set to address a joint session of congress and the nation tonight to propose “The American Jobs Act.” While the price (speculated to be 300-500 billion dollars w/ spending cuts) and the exact proposals remain unknown just hours before the speech(possibly showing its seriousness), this address comes at a defining moment for the Obama Presidency.
Plagued with bad polls in the midst of the beginning of the 2012 campaign, this may just be the President’s final opportunity to reassert himself and prove his dominance of America’s number one issue: Jobs. With the unemployment rate stuck at 9.1%, with gas prices stuck at 3 and a half dollars per gallon, and with the bipolar stock market, this is a time in which leadership required. Americans need to have confidence that someone is in control and focused on solving the problem. They want to feel that something is being done. Tonight is President Obama’s opportunity to fill this leadership void in our national economy.
I came across this video from CNNMoney.com that reviews the President’s Track Record on Jobs. While the accompanying article dispels the myth that President Obama has done nothing to deal with the Jobs problem (Recovery and Reinvestment Act, HIRE act of 2010, Tax credits…), the article also shows how the President’s actions were not enough to combat the scale of the unprecedented problem.
Therefore, I have posted this short, but comprehensive video to the top of this article and I suggest that you read the article from CNNMoney.com. It gives great context to the President’s Speech tonight at 7pm.
***At the end of the speech, post a comment to this blog. Tell me if you thing the President’s plan is a worthy one, do you think it will be enough. Does it help his reelection campaign or does it help the Republicans. Turn this a conversation, and not a lecture. Comment Below!***