The answer, by the way, is "No." There's just not enough time, and anti-job actions already taken by Obummer will create a worsening jobs situation between now and the 2012 election.
Powerful economic trends cannot quickly reverse and manifest themselves (except as a result of catastropic action: assassination, war, etc.) With only 14 months to go, the situation for Obummer and his buddies up for reelection is hopeless.
September 8, 2011
Obama's jobs plan: Can he create enough jobs to save his own?
By Stephanie Condon
With [the liberal] CBS News
Thursday evening, President Obama will command the attention of the full Congress and the nation in an address on the economy. The president aims to spur Congress into action and show voters once and for all that he has a plan to stimulate growth and spur job creation.
But with 14 months before the 2012 election, a combative Congress to work with and stubbornly high unemployment, there's skepticism as to what the president can do to create jobs - or to save his own.
Mr. Obama's plan could cost more than $400 billion. The White House hasn't officially released many specifics ahead of the president's speech, but White House Press Secretary Jay Carney on Wednesday made clear the administration expects Congress to agree to at least some of his proposals, and to get results.
"These are the measures that... historically had bipartisan support, can be acted on very quickly by Congress, and can have a very quick and positive impact on the economy and on employment," he said.
The president's supporters are also hopeful. Asked whether a plan of about $300 billion in new stimulus would be bold enough, House Democratic Leader Nancy Pelosi told CBS News, "$300 billion is a lot of money, and if properly spent, it can make a tremendous difference."
Republicans, however, have said they flatly disagree with the president's approach and don't appear ready to entertain his proposals.
Full story: http://www.cbsnews.com/8301-503544_162-20103071-503544.html
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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