President Obama admitted tonight in his speech to the Joint Session of Congress that his policies have failed…
The economy has stalled.
Yes that’s AFL-CIO President Richard Trumka in the background in the video.
From the president’s spending speech:
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The purpose of the American Jobs Act is simple: to put more people back to work and more money in the pockets of those who are working. It will create more jobs for construction workers, more jobs for teachers, more jobs for veterans, and more jobs for the long-term unemployed. It will provide a tax break for companies who hire new workers, and it will cut payroll taxes in half for every working American and every small business. It will provide a jolt to an economy that has stalled, and give companies confidence that if they invest and hire, there will be customers for their products and services. You should pass this jobs plan right away.