With just two months until the November elections, the White House is seriously weighing a package of business tax breaks - potentially worth hundreds of billions of dollars - to spur hiring and combat Republican charges that Democratic tax policies hurt small businesses, according to people with knowledge of the deliberations.
Administration officials have struggled to develop new economic policies and an effective message to blunt expected Republican gains in Congress and defuse complaints from Democrats that President Obama is fumbling the issue most important to voters. Following Obama's vacation and focus on foreign policy in recent weeks, White House advisers have arranged a series of economic events for the president next week, including two trips to swing states and a news conference...."
But with the unemployment rate expected to rise again in jobs numbers due out Friday, panic is setting in among many Democratic candidates who fear it is too late for Obama to convince voters that he understands the depth of the nation's economic woes and can fix them.
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Matt - Sep 03, 2010 8:34 AM
Craig B. - Sep 03, 2010 9:07 AM
Jim - Sep 03, 2010 9:19 AM
Apparently, though, he's been "distracted" (and unable to do more than one thing at a time, well). Now that the combat phase of the Iraq War is done, he can focus that laser light on fixing the economy. Puleeease.
DG - Sep 03, 2010 10:08 AM
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