President Obama did it again: in giving a speech he needed to give at a time in history, Barack Obama hit yet another home run. It wasn’t just what the American Jobs Act called for, but the way Obama called for it, that resonated with all who listened. (Note, I said listened.)
The American Jobs Act itself is over $400 billion and includes tax credits of up to $80,000 for small businesses employing 50 or more people. It offers a $4,000 tax credit for any firm that employs someone who has been out of work for over six months. And overall, it’s a step that’s in the right direction – if Congressional Republicans will fail to step in and fight it.
Hopefully America will listen to President Obama and work to take these road-blocks out of adopting the right set of tools to fix the American Economy.