President Obama and Senate Democrats have decided to press ahead in the next two weeks with a scaled-back energy bill that limits carbon pollution by power plants but not by other industries in an effort to salvage the legislation before midterm elections.
Mr. Reid also presented it as a way to further stimulate the economy, saying, “This as I’ve indicated is a huge jobs bill.” (NYT, 7/15/10)
Having finally realized that the American public is more concerned about jobs than any of their crackpot ideas, Obama and the Dems have devised a strategy. Suddenly all of their initiatives are about jobs. Health care? It’s a job-creating engine! Appeasing Muslims? Jobs! Energy? Jobs! Financial reform? Jobs! Closing Gitmo? Jobs!
Holland, Mich., where Mr. Obama visits Thursday, has seen a big infusion of cash from the president's economic stimulus plan: hundreds of millions of dollars for new automotive battery plants, tens of millions for schools, as well as millions more for housing, small businesses, university research and transportation. Yet many in the region of 260,000 people, struggling with 12% unemployment, are skeptical the federal spending has made an impact. (WSJ, 7/15/10)
What’s wrong with this picture? Millions of dollars spent and 12% unemployment.
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