With unemployment more than 10 percent in October, the highest percentage since 1983, President Obama signed a bill today that he says will grow the economy.
While there has been much improvement, Obama said, “history tells us that job growth always lags behind economic growth, which is why we have to continue to pursue measures that will create new jobs.” The new bill extends the length of time unemployed Americans can receive benefits, cuts taxes for some small businesses and extends a tax break for first-time homebuyers.
Obama noted that it takes a lot of time and patience to strengthen the economy, but “I promise that I won’t rest until America prospers once again.”
Comments (18)
Troy Roberts
Location: califorina USA
6 November 2009 at 17:25 EST
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I said this 6 years ago and I will keep saying this again and again. We must end this war in iraq. dick cheney and bush and the zionist jewish lobby STOLE billions and billions and billions and MORE billions from good americans like us and gave our tax money to zionist israel. Israel and zionist will destory america and WE americans will have to pay the price. the republicans also have destoryed america.
OBAMA MUST END THE WAR AND DO NOT
SEND OUR AMERICAN DOLLARS OVERSEAS TO NATIONS THAT HATE AMERICA LIKE ZIONIST ISRAEL AND SAUDI ARABIA !!!
kenneth mccan
Location: ghaha
8 November 2009 at 06:20 EST
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president obama is the jocey of the world he will support any war again. And he is not going to waist Americans economy
thanks Obama is great
fazal kakar
Location: pakistan
9 November 2009 at 01:05 EST
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my name is fazal kakar and i live in pakistan but i want to go to ( usa or canada ) because i don:t like here because family problem.
Alex Sarfo
Location: Accra, Ghana
9 November 2009 at 04:28 EST
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Thank God that the Health Bill has passed the first hurddle. I pray that it clears the second hurddle with ease.
Troy Roberts
9 November 2009 at 17:58 EST
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if McCain was presdient it would have been much worse and republicans have already destoryed america by sending over 100 billions ollars to zionist israel and saudi arabia and iraq
if McCain was presdient Americans will lose MORE jobs and all hell will break lose.
if McCain was presdient he would have destoryed america by now.
thank you God for Obama !!!
Republicans for Obama !!!
Troy Roberts
9 November 2009 at 18:02 EST
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NO MORE REPUBLICANS IN THE WHITE HOUSE.
REPUBLICANS SUCK !!!
THANK GOD I AM NO LONGER A REPUBLICAN AND NEVER WILL BE A REPUBLICAN AGAIN !!!
AhamedAshiq
Location: India
9 November 2009 at 20:19 EST
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Obama Presidency is a measured presidency. Something very few leaders of the world are upto today. Utterly different from Bush Juniors’ presidency. Three Cheers to Obama Presidency. Three Cheers to people of America. In Manmohan Singh we Indians also have a measured Executive. Real time to grow our partnerships
Luis Perez
Location: Iowa City, IA
11 November 2009 at 15:48 EST
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There are a lot of differences with President Obama’s policies, whether fiscal or not. We cannot continue to deny the fact that our president is doing whatever he can do help our people. We cannot forget that our president told us that he is listening to us. Now then, the questions who is the problem. Is it the president or congress? The president is doing the best he can to lead this country back to proper he is neither naive he is a good president with good intentions. Why republicans hate this president so much doesn’t make sense to me? I am pretty sure that if Mcain was president there will still be hight joblessness and unemployment. I should ponder about that and push or representatives to put aside all of the bickering and get to work. Stop fighting like dogs and cats and prioritize the people’s needs over any personal agendas!
amy Kitt
Location: Los Angeles, CA USA
12 November 2009 at 13:26 EST
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thank God McCain is NOT the president.
It would have been much much worse.
McCain is just like g.w. bush and dick cheney. Americans would lose so much if
McCain was president. More billions and billions and billons would have been wasted and gone to other countries that hate america.
NO MORE REPUBLICANS !!!
Barbara Barker
Location: U.K.
19 November 2009 at 17:07 EST
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Hi,
I have my doubs about your wonderful country which doesn’t help the poor. I
have a friend in Alabama whi is too sick to work and his son cannot find work, so they couldn’t pay their Electrcity bill. They have no power, so can’t heat the house, so their landlord says if they can’t pay the bill by this weekend, he wants them out as he doesn’twant the house without heat in the winter. So, where does he go from here?
danga njike patrick jaures
Location: yaounde cameroon
21 November 2009 at 03:24 EST
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president obama please i wish to know why you are very succesfull today and also beg you to contribute your idear to our contry’s political and economic development
Carlos Rabassa
Location: Montevideo, Uruguay
22 November 2009 at 05:35 EST
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We are still very much with you President Obama. There are so many things to be fixed we have to be patient. You are our best hope.
Our prayers are with you. We don´t ask for miracles. We ask for everyone´s patience to allow you the time you need to complete the great job you started.
Alex Sarfo
Location: Accra, Ghana
23 November 2009 at 10:04 EST
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THANK GOD THAT THE HEALTH INSURANCE BILL HAS BEEN APPROVED BY THE SENATE. I PRAY THAT THE GOOD LORD WOULD SEE PRESIDENT OBAMA THROUGH HIS ECONOMIC INITIATIVES SUCCESSFULLY. MAY THE GOOD LORD BLESS AND STRENGHTEN PRESIDENT OBAMA AND HIS VICE JOE BIDEN
Jimbo
28 November 2009 at 20:23 EST
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“It is important though to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession.”
- President Barack Obama, interview quoted by Reuters, November 18, 2009
Jimbo
Location: USA
28 November 2009 at 20:24 EST
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“We have grave concerns that the real effect of the provisions would be to create a new federal entitlement program with large, long-term spending increases that far exceed revenues. This is especially the case if savings from the first decade of the program are spent on other health reform priorities.”
- Letter by seven Democratic Senators to Majority Leader Reid, October 23, 2009
Jimbo
Location: USA
29 November 2009 at 10:44 EST
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According to AP…
A Colorado company said it created 4,231 jobs with the help of President Barack Obama’s economic recovery plan. The real number: fewer than 1,000.
A child care center in Florida said it saved 129 jobs with the help of stimulus money. Instead, it gave pay raises to its existing employees.
Elsewhere in the U.S., some jobs credited to the stimulus program were counted two, three, four or even more times.
The government has overstated by thousands the number of jobs it has created or saved with federal contracts under the president’s $787 billion recovery program, according to an Associated Press review of data released in the program’s first progress report. The discrepancy raises questions about the reliability of a key benchmark the administration uses to gauge the success of the stimulus.The White House seized on an initial report from a government oversight board weeks ago that claimed federal contracts awarded to businesses under the recovery plan already had helped pay for more than 30,000 jobs. The administration said the number was evidence that the stimulus program had exceeded early expectations toward reaching the president’s promise of creating or saving 3.5 million jobs by the end of next year.
But the 30,000 figure is overstated by thousands — at the very least by nearly 5,000, or one in six, based on AP’s limited review of some of the contracts — because some federal agencies and recipients of the money provided incorrect job counts. The review found some counts were more than 10 times as high as the actual number of jobs; some jobs were credited to stimulus spending when, in fact, none were produced.
Can the Obama Administration be honest with the American people? We are watching what you do with our money!
Jay
Location: Seattle Chimney Sweep
4 December 2009 at 21:35 EST
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Its been a long road.. We have all lost a lot.
I had to start working as a Chimney sweep in seattle to make due. I wonder what I’ll have to do next?
TAHIR ZAHEER
16 January 2010 at 06:20 EST
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It’s in times like these that we must show the kind of compassion and humanity that has defined the best of our national character for generations, despite the fact that we are experiencing tough times here at home, Haiti is immediately in need of help of North Americans, enabling to share responsibility of rebuilding & reconstructing relationship with South Americans, for a long-term VISION OF AMERICAN COMMUNITY (similar to EC & EEC with a collective currency of Euro) i.e. the time for winning the hearts & minds leading to have PetroSure Latin (Americans to be one collective AC & AEC with a collective Currency of American Dollar).
I strongly TRUST that one collective AC & AEC with a collective Currency of American $ will blessing bring good for tune for strengthening of American Economy & American Dollar, surely.
Rest is restless to move ahead and to do the best for the best of our generations & loved ones on western hemisphere for a betterment of collective human lives to pass out ease & comforts to present a socio-economic role-model polity of “Unite-&-Rule” for successive & sustainable national, regional, inter-regional & international developments, rather than to have any repetition of historical failures of “Divide-&-Rule” polity resulting ever to unsustainable Catastrophic-End.