September 3rd, 2010
11:02 AM ET
7 years ago

Obama promises new jobs initiatives, slams GOP

ALT TEXT

 President Obama spoke Friday in the Rose Garden, surrounded by his team of economic advisors. (PHOTO CREDIT:Shawna Shepherd/CNN)


Washington (CNN) - President Barack Obama went on the offensive on the politically critical issue of job creation Friday, promising to lay out a broad package of ideas next week and slamming Senate Republicans for blocking passage of his administration's small business aid legislation.

Obama renewed his call for the languishing bill in the wake of Friday's release of new unemployment figures. The jobless rate, according to the Labor Department, rose from 9.5 to 9.6 percent in August.

The economy lost a total of 54,000 jobs last month. Most of the losses, however, came from the public sector, as the government cut 114,000 temporary census workers. Private businesses added 67,000 jobs to their payrolls.

August was the eighth straight month that businesses added jobs, following nearly two straight years of job losses. So far this year businesses have added 763,000 workers to payrolls.

"That's positive news," Obama declared at the White House, flanked by his top economic advisers. It "reflects steps we've already taken to break the back of this recession."

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Filed under: Economy • issues • President Obama
soundoff (82 Responses)
  1. jim

    CNN recently had an article how a small business can send a job to India for $14 an hour. Sounded pretty good if your the owner of a small business. But then I hear our wonderful government say that they want to create a bill to help small businesses, so hiring will pick up.....

    Hiring will pick up where – in India???? Why is my tax money going to help small businesses when they, as well as their big brother corporate America, are sending jobs off shore???

    Small business, Big business and the government could care less about Americans looking for work!!!!!! They just want us to buy their garbage!!!!

    Screw small business! Screw big business! and most important – SCREW OUR GOVERNMENT!!! They are the cause of the despair in America!

    screw america !!!

    September 3, 2010 11:47 am at 11:47 am |
  2. Dar

    Of course it's all positive news in Odumbos little world.
    Always blaming someone else is also in Odumbos world, he lives for this. He see's himself as perfect and anything that doesnt work has to be someone else at fault.
    Cry me a river loser. 2010 starts the end of your little dream.

    September 3, 2010 11:48 am at 11:48 am |
  3. kat

    Blame, Blame, Hey BHO. you're just a fool. You don't have a clue how to fix this economy or create jobs. As a small business owner, I don't want your low interest loans, I don't want any loans. I just want Government to stop taxing us to death and get out of our way. The sooner you listen to business people who know how to create jobs, the sooner we'll get out of this mess. Face it! You don't know what you're doing.

    September 3, 2010 11:49 am at 11:49 am |
  4. Jim

    I hate to see what happens in a "Non-Recovery Summer".

    September 3, 2010 11:50 am at 11:50 am |
  5. Lone Rider

    Seems he's on the "offensive" a lot these days !!

    September 3, 2010 11:53 am at 11:53 am |
  6. norma

    Pass the small business bill NOW! It doesn't add to the deficit and it will allow small business owners to expand their companies...hiring more employees and buying large equipment (that helps other companies hire). WHAT EXACTLY IS THE HOLD UP? Oh, the economy can't recover before the Nov. elections or the GOP may not win as many seats...oh, now I understand the reason for all the lying and obstructionist behavior.

    Country first, right?

    September 3, 2010 11:54 am at 11:54 am |
  7. Brian in MD

    What a nice change of pace (not), the POTUS is calling for bipartisanship while being very partisan.

    September 3, 2010 11:55 am at 11:55 am |
  8. Seriously?

    So what's new? Obama has consistently "slammed the GOP". It's pretty pathetic. He can't talk about all the good he has done for this country (because he hasn't!) so he blames his inept leadership on the other party. Let's not forget – the Dems have held the majority in congress for almost 4 years. Um, so, who's to blame?

    September 3, 2010 11:56 am at 11:56 am |
  9. joe

    thank GOD our country is adding jobs not losing them. the way i look at it is that it is beats losing 600 thousand jobs every month under bush. i don't quite get the republicans. first they complain president obama is doing too much. then they complain he is not doing enough. go figure. as a independent voter i am willing to give our president 8 yrs to turn around the mess left him by bush and the GOP
    if things are not noticably better when presidnt obama's terms ends then i can always vote for someone else. .

    September 3, 2010 11:56 am at 11:56 am |
  10. Midwest

    Mr President

    Can you hold off on the Billion dollar bailout for KABUL BANK and hire/replace those in the Treasury Department?

    The Treasury Department is now asking the US taxpayers to bail out KABUL BANK!

    "If the Treasury Department will guarantee that everyone will get their money, maybe that will work," said Karzai, who holds 7 percent of the bank's shares, making him the third-biggest shareholder. Karzai, who spends most of his time in Dubai – where he lives in a waterfront villa paid for by Kabul Bank – rushed to Kabul on Wednesday to join efforts to salvage the bank"

    September 3, 2010 11:57 am at 11:57 am |
  11. Rickw

    Blame someone else for their failures, that Obummer for ya!

    September 3, 2010 11:59 am at 11:59 am |
  12. Scott in Atlanta

    Has Eric Cantor "come out of the closet" yet?

    September 3, 2010 11:59 am at 11:59 am |
  13. obama victim

    only in ObozoWorld can the unemployment rate going up be "positive?

    September 3, 2010 12:01 pm at 12:01 pm |
  14. Blaum

    Hey Mr. President....you want small business to grow?....

    then don't tax hard-working successful people who make more than $250,000 per household.... don't know if you can put 2 and 2 together .... but these are the people who OWN small businesses....

    just an FYI for ya...... do what you will with that little nugget of info....

    September 3, 2010 12:03 pm at 12:03 pm |
  15. Snow

    Initiatives means more give aways and investments means increase taxes from the current DC crowd. He tells people what he is going to do except he does it in code. When he was campaigning he said he was going to transform America and look where he is taking us. Europe is returning to capticalism and he is taking us the other way.

    September 3, 2010 12:04 pm at 12:04 pm |
  16. gt

    obama is the next hoover,,,,we need jobs ,, no new taxes,,,,remember the buck stops with you.. this is pathedic the job market,,,

    September 3, 2010 12:04 pm at 12:04 pm |
  17. get real

    Riddle me this GOP – how can the economic sky be falling while the stock market is rising? How many months have we had private sector jobs growth? Just how many private sector jobs did we bleed monthly during 2007 and 2008? Where was the stock market on closing day Jan. 19, 2009? Where is it today? Anyone who votes republican in November must have selective memory loss.

    September 3, 2010 12:07 pm at 12:07 pm |
  18. howie

    Where is the jobs the STIMILUS package was suppposed to provide????

    September 3, 2010 12:07 pm at 12:07 pm |
  19. King

    The tempory sensus jobs is over now. Big government is winding down so the republicans and tea party folks should be jumping for joy since theyve been fighting this president for 17 month about big government taking the money out of the economy. this what you get when you cut programs . The private sector job which brings money to the economy is booming for the past 8 month. This is hard to comprehend since we were losing nearly a million jobs a month just 18 month ago. How many president in history could do that. Keep getting us private sector jobs obama and dont worry about the republicans trying to scare these people into not spending their money to bring this economy down.

    September 3, 2010 12:07 pm at 12:07 pm |
  20. db

    Please, no, Mr. President. This country can't afford another one of your "initiatives".

    September 3, 2010 12:07 pm at 12:07 pm |
  21. stevegee

    Obama can give all the speeches he wants, but propaganda won't fix our economy - Socialism and a free market don't mix!

    What's the answer? For starters ... Abolish the income tax and generate federal revenue fairly via a national sales tax - 50% of citizens don't pay income tax now, that's not right! Scrutinize and eliminate all the excessive red tape that small businesses have to weed through in their day-to-day operations. Cut the federal government back down to its original size and scope as established by the U.S. Constitution - it won't be easy, but neither would a bankrupt country!

    Wake up people! Stop the "change" to Socialism. Stop Obama and the Democrats.

    In November, vote conservative, vote Republican.

    September 3, 2010 12:10 pm at 12:10 pm |
  22. Washington DC Insider

    Talk about a misleading article! You say we lost jobs, but the jobs lost are only temporary census worker jobs. What a cheap way to get users to read your news, just sensationalize the headlines. Buried in the article is that the private sector created 74,000+ jobs...what I want to know is for the 763,000 jobs created this year, how many were lost in the past 2 years?

    September 3, 2010 12:10 pm at 12:10 pm |
  23. Willy Brown

    "Obama promises new jobs initiatives" LMFAO!!!

    September 3, 2010 12:10 pm at 12:10 pm |
  24. Tulsa

    The bill is paid for.
    The Republicans call it a "tax hike".
    It closes a loophole that has allowed companies to avoid paying taxes on money earned in the US by hiding it in overseas accounts.
    So, once again, the Republicans prove they will do ANYTHING, even keep the American people in a recession, to advance thier own political agenda.
    They are the most anti-American group I have ever seen. Ol' Ronnie Ray-guns would not recognize what the Republican party has become.
    I have always been an Independant, but no more. I will NEVER vote Republican again. They disgrace great Republicans who have worked, fought and died for this great nation.
    Shame be on them.

    September 3, 2010 12:14 pm at 12:14 pm |
  25. Padraig

    Our little community organizer is always blaming someone else. His track record is still going strong. His economic policies have failed and he needs to accept that.

    Interesting that the Senate and House are controlled by the Democratic party – so how are the Republicans holding up his process?

    September 3, 2010 12:15 pm at 12:15 pm |
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