December 21st, 2011
12:00 PM ET
9 years ago
White House: Congress inaction threatens economy
Washington (CNNMoney) - A top White House economic adviser said that congressional deadlock on extending payroll tax cuts and unemployment insurance benefits threatens the U.S. economy, in excerpts of prepared remarks released Wednesday.
Alan Krueger, the chairman of the Council of Economic Advisers stresses the economic importance of keeping the 2% payroll tax cut and emergency unemployment benefits to more than 160 million American workers.
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Unemployment is down over a half of a percentage point from last year this time.
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Thanks to people being out of work so long that they gave up looking for work and therefore are not considered part of the workforce. Surely a WONDERFUL Obama accomplishment!! Another term of Obama failure and EVERYBODY will stop looking for work and then unemployment will be 0%!! It sure looks like that is Obama's plan.
Terry,Va
If our economy which Obummie refuses to take responsibility for ...
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Stop. Stop right there please. Just a moment.. "Ladies and Gentleman, the message you are about to hear is the responsiblity of the author. This station makes no claims in regards to the truthfulness or the accuracy of the claims made herein." You may continue.
Remember everyone there are only four more days to shop for a big honking chunk of coal to send to your members of Congress !