http://money.cnn.com/2011/09/06/news/economy/obama_stimulus_options/index.htm
NEW YORK (CNNMoney) -- Now is the time for action.
That's the message the White House is bringing to Congress as lawmakers return to work this week.
Print In a major speech Thursday night, President Obama is expected to argue that the government must do more to spur job growth, investment and economic expansion.
"I'm going to propose ways to put America back to work that both parties can agree to, because I still believe both parties can work together to solve our problems," President Obama said in a speech on Labor Day.
Why now? After years of modest growth, the economy is hovering just above stall speed, and the risk of the country falling into recession is on the rise. Hiring has ground to a halt, the unemployment rate remains sky-high and systemic problems continue to hamstring the housing market.
But even with the economy slowing, lawmakers may not be able to coalesce around any of the proposals Obama may spell out. After all, compromise and bipartisanship are in desperately short supply in Washington.
"I don't think economy-boosting measures are going to be in the cards if they require new spending," said Craig Jennings, the director of federal fiscal policy at OMB Watch, a group that monitors federal spending.
Still, the White House is hoping for action. The details of the plan are being kept under lock-and-key, but here are some ideas Obama is likely to be considering.
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Zim: Quite frankly, I do not believe obama is capable
of even considering things that might help the
economy.
An earlier posting said obama had several hundred
new regulations being printed up . . . More red tape
is NOT good for the economy.
Whatever obama proposes . . . needs to be D.O.A.
Zim.
Mad Poet Strikes Again.
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