Jobs Council: More investment needed for jobs
October 11th, 2011
09:29 AM ET
7 years ago

Jobs Council: More investment needed for jobs

Washington (CNNMoney) - President Obama's jobs council on Tuesday released a list of proposals to spur job growth, putting investment in roads and bridges and tax breaks to encourage start-ups and company growth at the top of the list.

"When 25 million Americans who want full-time work can't find it, each of us has a duty to think and act differently," the report said. "We owe it to our fellow citizens desperate to get back to work to act on these common sense ideas without delay."


Filed under: Jobs • President Obama
soundoff (9 Responses)
  1. diridi

    you tell to those GOP animals, and Tea Party idiots....o.k, tell them out loud, clearly and in plain "ENGLISH".

    October 11, 2011 09:41 am at 9:41 am |
  2. Four and The Door

    ...Their recommendations don't endorse the president's jobs bill...
    Because this bill is classic Obama. Misleading in it's name because it is absolutely not about jobs. It is the center ring in Obama's political circus. It is rediculously over-priced at $450 billion and the only intent is to try and jump-start his 2012 campaign. He knows it will not pass. It was not created to be passed. It was created to be defeated so that Obama could accuse the Republicans of not supporting"jobs creation" and protecting the billionaires.

    This is not helpful for America, a waste of time and only confirms where his priorities are. And jobs are not it.

    October 11, 2011 09:56 am at 9:56 am |
  3. KING

    hey if these do nothing but trickle down repugs kill this jobs bill for main street. the people should divide some of their protest to the congress. these repugs are desperate to see the economy fail just to get obama out of power. how the hell can deregulations and tax breakes for the rich who has more money now than any time in history works, when america is over crowded with jobs and a consumer sector that is under constant threat by the repugs to cut their spending money, and fire them from their government jobs. we need demand power thats the only way big corporations will find incentive to invest in america again as we modernize and bring our infra structure to the 21st century.

    October 11, 2011 10:10 am at 10:10 am |
  4. Tired of the nonsense

    1. Quit outsourcing jobs.
    2. Put all customer service jobs here in the U.S. When people talk to a representative, they don't want to hear from someone in India.
    3. Insurance companies should lower insurance costs so it doesn't cost companies as much. Let's face it, the CEOs and boards of these companies don't deserve another Jaguar, BMW, Benz or house in the Hamptons while the rest of us struggle to pay rent, so it wouldn't hurt them one bit to lower costs.
    4. Cut all pay to all company officers by at least 50% and use that money to pay for new employees.
    5. Put the price of gas under $1. That will lower transportation costs which lowers the price of goods. People will start buying these goods which will mean manufacturers will have to make more goods. Making more goods means hiring more workers.

    Put a little common sense behind the problem we have today. Keep the GOP out of it since they're wanting to keep America in poverty. Get people back to work no matter what "sacrifices" the upper echelons of the companies and government have to suffer since 98% of the population has already been suffering through the sacrifices.

    October 11, 2011 10:16 am at 10:16 am |
  5. New Age Independent

    Mr President, there's an old saying that applies here. "Fool me once, shame on you; fool me twice, shame on me." You've fooled us all once with your "stimulus", and it was proven then that we misplaced our trust. It shall not happen a second time. It's time for another change in the White House.

    October 11, 2011 10:17 am at 10:17 am |
  6. Rudy NYC

    I understand they have targeted a bridge on the Hudson River, just a little bit north of Manhattan, on this list. The bridge was built in 1960, and was designed to last 50 years carrying a daily traffic load of 50,000 vehicles. That structure has been carrying 500,000 a day for decades now, and is in a constant state of repar and never ending road work.

    October 11, 2011 10:27 am at 10:27 am |
  7. gt

    if the banks cant lend but to the ones who dont the money... it all starts with the banks... ease lending .. cut regulations... better tax code... ugh

    October 11, 2011 10:33 am at 10:33 am |
  8. Michael Potter

    You quoted President Obama as saying "When 25 million Americans who want full-time work can't find it, each of us has a duty to think and act differently," Well, who is the 'us' he is referring too? The large corporations mostly responsible for the depression we are in, have no allegiance to any country or citizenry. Why doesn't the government require the same allegiance and sacrifice it asks of it's citizens?

    October 11, 2011 10:53 am at 10:53 am |
  9. ObamaCares

    Congressional Dems, you better develope a spine and vote for the Jobs act, if not you'll be out of a job when you come up for re-election. There's nothing worse than a fence sitter.

    October 11, 2011 11:02 am at 11:02 am |