Jobs and the U.S. Economy
For a majority of voters heading to the polls tomorrow, the economy remains the number one concern. Bush administration bank bailouts followed by President Obama’s targeted tax cuts, stimulus spending, and a life line for the U.S. auto industry have yet to lead to a meaningful dent in the nation’s unemployment rate. Democrats argue that the situation would be far bleaker without the dramatic steps from Washington. Republicans,including a number of Tea Party candidates, promise federal spending cuts, but offer very few specifics: the U.S. jobs picture and how to promote growth.
columnist for The Fiscal Times, former Reagan economic policy aide, and Treasury Department appointee under George H.W. Bush.Latest book: "The New American Economy: The Failure of Reaganomics and a New Way Forward."
economist; Lloyd M. Bentsen Jr. chair in government/business relations and professor of government at the University of Texas at Austin's Lyndon B. Johnson School of Public Affairs; author of "The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too."
senior policy analyst, The Heritage Foundation.