Does Obama have any hope of creating jobs?

The president promises to tackle unemployment now that the debt deal is done. But with the GOP bent on spending cuts, there's arguably little Obama can do

President Obama wants to invest in infrastructure projects to boost employment, but Republicans may stand in his way.
(Image credit: CC BY: The White House)

With the debt-ceiling fight behind him, President Obama is promising to turn his focus back to creating jobs. Obama wants to give the economy a boost by extending the payroll tax suspension for workers and benefits for the unemployed, and investing in more infrastructure projects. But with Republicans insisting that stimulus spending has failed, and that the country's focus should be on cutting gaping budget deficits, are the president's efforts to ease unemployment doomed?

Obama is out of options: At this point, the president's job-creation prospects are "worse than slim," says Derek Thompson at The Atlantic. "The White House can't push more spending through the House of Representatives. It can't cut taxes without widening the deficit." And extending the payroll tax is "just a continuation of current policy," so it will merely help keep unemployment from getting worse. His promises to create more jobs are, sadly, empty.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us