Obama On Labor Day Weekend: We Will Rebuild Economy ‘Stronger Than Ever Before’
In this weekend’s YouTube address, President Obama recognized the Labor Day weekend — and discussed the continued efforts his administration has made to deal with the lackluster economy.
“This Labor Day, we are reminded that we didn’t become the most prosperous country in the world by rewarding greed and recklessness,” said Obama. “We did it by rewarding hard work and responsibility. We did it by recognizing that we rise or we fall together as one nation – one people – all of us vested in one another. That is how we have succeeded in the past. And that is how we will not only rebuild this economy, but rebuild it stronger than ever before.”
GOPer Davis: Require Congress To Vote On ‘Every Major New Rule’
In this weekend’s Republican address, Rep. Geoff Davis (R-KY) criticized the Democrats on the issue of federal regulations and red tape. And he discussed a proposal of his own, which he said resulted from a conversation with a constituent about federal mandates to local governments.
“So with my constituent’s help, I introduced the REINS Act, a common-sense initiative that would require Congress to take an up-or-down vote on every new major rule before it can be imposed on the American people,” said Davis. “This legislation would serve as a much-needed restraining order against unelected busybodies and bureaucrats whose actions could make it harder to create jobs. The sooner we rein in the red tape factory in Washington, DC, the sooner small businesses can get back to creating jobs and helping more Americans find an honest day’s work.”
White House: It’s ‘All Economy, All The Time’ For President Obama
The Hill reports: “President Obama is turning his focus squarely toward the economy as the traditional campaign season begins. Obama will travel to two battleground states next week to tout the economy, and also plans on introducing a package of new ideas to bolster a weak recovery that is hampering his party’s hopes for retaining the House and Senate. ‘All economy all the time,’ is how one White House official described the president’s week ahead.”
Dems Have Few Options On Economy
Politico reports: “With another tepid jobs report in the books Friday, Democrats desperate for quick policy action to boost the economy face an excruciating dilemma, experts say. The few things that might pass Congress — such as a payroll tax holiday or extended research-and-development tax credits — won’t work, or at least not before November’s midterm elections, when Democrats face potentially devastating losses. And the few things that might work — such as an aggressive new infrastructure spending bill — can’t pass, uniformly viewed as politically impossible at a time of trillion-dollar-plus deficits.”
On Economy, Democrats Face A Lack Of Unity
The New York Times reports: “On the campaign trail, many Democrats are going their own ways as they face the prospect that persistently high unemployment could cost them control of the House and perhaps the Senate. Many are embracing the stimulus package enacted soon after Mr. Obama took office; others run away from it. Some distance themselves from Mr. Obama and his economic team; most blame Republicans. Democrats’ campaign message mostly is a Babel of individual voices. With the national winds blowing ever stronger against the party in power, threatened Democrats are tailoring their message to their particular district or state — with party leaders’ encouragement.”
GOP ‘Young Guns’ Attack Former Party Leaders In New Book
The Washington Post reports: “In ‘Young Guns,’ scheduled for release Sept. 14, Reps. Eric Cantor (Va.), Kevin McCarthy (Calif.) and Paul D. Ryan (Wis.) cast the Republican congressional leaders who preceded them as a group that ‘betrayed its principles’ and was plagued by ‘failures from high-profile ethics lapses to the inability to rein in spending or even slow the growth of government.’ Cantor specifically says Republicans became ‘arrogant and “out of touch.’ ‘Under Republican leadership in the early 2000s, spending and government got out of control,’ McCarthy writes. ‘As government grew, there were scandals and political corruption. The focus became getting reelected rather than solving problems and addressing pressing issues.'”
