Remember Jobs?

It’s been two weeks since Congress extended the countries debt ceiling, and out of the 435 members in the House, there have only been six bills introduced that have something to do with creating jobs. Three of which have been introduced by New York Democrat Representative Paul Tonko. It would be really easy for me to go through each bill and say why they are good or bad. But apparently the President is going to put out his own job plan in early September, and at the end of the day that’s what will be the base for future job creation policies.

In an interview with Chuck Todd, White House Press Secretary Jay Carney said that the President’s plan is a two step approach that is linked with the deficit commission that will start its work when Congress comes back. While looking for cuts in the budget, Obama is going to give recommendations that will no doubt be included when members introduce job bills when they get back to Washington. One of the policies is to extend the payroll tax cut for small businesses, and other ideas that are “totally consistent” from the negotiations that took place with John Boehner which included new revenues.

I wouldn’t be surprised if we saw more funds or tax incentives to build or repair roads across the country, research for clean energy initiatives (Obama has already called for a carbon tax), or incentives for banks to give businesses money that would create job training programs. It would be surprising if he calls for reforms to Social Security again being this close to the election and the Democrats left in Congress have no appetite for it.

Politically, this move has more advantages than disadvantages for the President. If Republicans are still willing to say no to anything Obama wants, the President can dub them the Do Nothing Congress in 2012. The flip side is if they do pass some of the ideas he proposes, he can say that he signed a bipartisan piece of legislation into law that will create jobs.

After he comes back from Martha’s Vineyard Obama will be recharged and have the energy necessary to push his ideas. He won’t win any political points by standing on the sidelines working the phones. He needs to play hardball with Republicans, and remind the American people they have done absolutely nothing to create jobs since they have taken control of the House.

Of course that’s easier said than done. In the interview, Carney told Todd that the policies the President will be calling for are “things in a normal universe should have bipartisan support.” But as we’ve seen Washington is nowhere close to the Milky Way galaxy. These are the most partisan times in our nations history and it’s disgusting. That’s not Obama’s fault, but while he positioned himself as the adult in the room he lost control of what was going on.

This is a safe win win move for Obama, and look for anything he proposes to be promoted as a big idea. But if the policies he proposes are passed and are substantial, it could be even bigger for the American people.


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Filed under Economics, Jobs, Obama

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