Entries in Jobs (135)


Obama to Start ‘Middle Class Jobs and Opportunity Tours’

SAUL LOEB/AFP/Getty Images(WASHINGTON) -- President Obama will kick off a series of Middle Class Jobs and Opportunity Tours with a trip Thursday to Austin, Texas, a White House spokesman announced Sunday.

“In his State of the Union, the president laid out his belief that the middle class is the engine of economic growth. To reignite that engine, there are three areas we need to invest in: 1) jobs, 2) skills 3) opportunity,” White House spokesman Josh Earnest said.

“Even though some in Congress are determined to create more self-inflicted economic wounds, there are things Washington could be doing right now to help American businesses, schools and workers,” he said. “We need to build on the progress we’ve made over the last four years, and that means investing in things that are already creating good-paying, stable jobs that can support a middle class family.”

In Austin, the president plans to visit Manor New Tech High School, meet with technology entrepreneurs, visit a tech company, and meet with middle class workers, according to the White House.

“He will visit these places to learn what has helped them become successful and use these models of growth to encourage Congress to act,” Earnest said.

“Things are getting better, but our economic recovery is not as strong as it could be and far too many middle class families are still struggling. The question is, will Congress will join with the president to make sure the middle class is strong and secure,” Earnest said.

Copyright 2013 ABC News Radio


Obama's Economic Tour Starts at Canadian Manufacturer in NC

SAUL LOEB/AFP/Getty Images(WASHINGTON) -- President Obama on Wednesday kicks off a three-day post-State of the Union tour to promote 'made in America' with a visit to a Canadian auto parts manufacturer in North Carolina.

The Linamar Corp. facility in Asheville illustrates the positive economic trends that Obama claimed credit for in his address Tuesday night and wants to encourage in a second term: more American and foreign companies moving manufacturing operations to the U.S. ("insourcing"); steady growth of skilled private-sector jobs; and effectiveness of government-sponsored hiring incentives.

In 2011, the company first set up shop in Asheville, lured by state grants and a pool of workers with technical skills to do the job.  It employs about 360 workers now with plans to hire 250 more and make a $75 million capital investment over the next five years.

“Training grants, tax credits, a fair business tax rate -- those things really work,” Linamar President and COO Jim Jarrell told ABC News.  “We moved to North Carolina to take advantage of the incentives, knowing, however, that eventually we’d have to stand on our own two feet.”

But Linamar is also a bellwether for an economic recovery that continues to limp along, with little future “stimulus” in sight.

The company’s North Carolina facility, which makes key engine, transmission and driveline components for industrial machinery, feeds Caterpillar and Volvo.  Demand from those companies only follows demand from builders and construction firms, Jarrell said.  That demand continues to be “a little slower than anticipated out of the gate.”

The latest Congressional Budget Office projections, released last week, underscore the concern:

  • Unemployment is expected to hover around 8 percent through the next year, which would be the sixth consecutive year with unemployment above 7.5 percent of the labor force -- the longest such period in 70 years.
  • Gross domestic product (GDP) growth is projected to “remain below its potential” through the end of Obama’s second term, in 2017.  “That subdued economic growth will limit businesses’ need to hire additional workers, thereby causing the unemployment rate to stay near 8 percent this year,” the CBO projects.

Obama said on Tuesday that policy makers must "reignite" the engine of job growth to boost the middle class as a top priority.

He will highlight his plan for that, including a call for universal access to pre-school education, during a stop in Atlanta on Thursday.  He then visits Chicago on Friday.

Copyright 2013 ABC News Radio


State of the Union 2013: What to Expect From President Obama’s Speech

Saul Loeb-Pool/Getty Images(WASHINGTON) -- In contrast to his inaugural address, President Obama’s State of the Union speech will focus primarily on jobs and the economy, outlining new initiatives on manufacturing, education, clean energy and infrastructure.

He will elaborate on the big themes of the inaugural — immigration, gun violence and climate change — but a top White House official said the State of the Union will have a “heavy economic focus,” specifically on “the middle class as the driver of economic growth.”

To drive home the point that the president sees jobs and the economy as his number one priority, the president’s travel after the speech will be used to promote his new economic initiatives.

The new initiatives will entail new federal spending, but the spending will be off-set by reductions elsewhere in the federal budget. In terms of cost, these initiatives will be relatively modest:  the days of big economic stimulus programs are over.

The president will use his speech to warn Congress to avoid automatic spending cuts — the dreaded “sequester” — scheduled to go into effect on March 1.  The across-the-board cuts, the president will warn, would jeopardize the economic recovery and endanger national security.

But the president will also make what the official called “a progressive case for deficit reduction” — warning that if entitlement spending is not brought under control it will crowd out spending on other social programs that progressives hold dear.

Copyright 2013 ABC News Radio


Obama, Biden Unite as Auto Champions in Ohio

Official White House Photo by Pete Souza(DAYTON, Ohio) – With debate season in the rearview mirror, President Obama and Vice President Joe Biden united Tuesday in western Ohio, casting themselves as the only true champions of the state’s resurgent auto industry in an effort to bolster their working-class vote.

The Democratic ticket triumphantly asserted that voters there understand better than any what the Obama-backed 2009 auto bailout meant for Ohio jobs. And they argued that no matter what Republican nominee Mitt Romney now says, his past opposition to the bailout is widely known.

“I hope I made clear that there’s a big difference between me and Mitt Romney. And it’s not just that he’s got better hair,” Obama joked about Monday night’s final presidential debate.

“Governor Romney looked you right in the eye, looked me in the eye, tried to pretend that he never said, 'Let Detroit go bankrupt.' Tried to pretend he meant the same thing I did when we intervened and worked to make sure that management and workers got together to save the U.S. auto industry, pretended like somehow I have taken his advice,” Obama said.

“The people don’t forget. The people of Dayton don’t forget. The people of Ohio don’t forget,” he said.

In 2008, Romney wrote an op-ed in the New York Times opposing a taxpayer-funded bailout of GM and Chrysler, calling instead for a “managed bankruptcy,” which ultimately occurred. The article’s title, “Let Detroit Go Bankrupt,” was written by the paper, not Romney.

“Barack Obama’s attack has been deemed false by multiple independent fact checkers and is clearly designed to hide his failed record and lack of an agenda for a second term. Mitt Romney proposed the right course for the automakers, a structured bankruptcy process to allow them to keep jobs in Ohio and emerge as sustainable and profitable enterprises,” said Romney spokesman Chris Maloney.

Democrats contend the process could not have proceeded successfully without the backing of the federal government to assure investors.

“Without government support, those companies would have fallen,” said senior Obama advisor David Plouffe. “I think Gov. Romney was having one of his bouts of ‘Romnesia’ he has. If he was president of the U.S. the American auto industry would have been decimated.”

The auto industry supports one in eight Ohio jobs, according to the Labor Department.

Obama has visited Ohio 17 times this year -- more than any other state. Vice President Biden has swung through the state nine times, often focusing on the auto manufacturing theme.

Biden Tuesday accused Romney of trying to “rewrite history” on the auto industry rescue in claiming that a managed bankruptcy was his idea all along.

“Half the time, I didn’t know whether Governor Romney was there to debate Barack Obama or endorse Barack Obama,” he said mockingly. “You know, I mean, it was hard to tell! But I have a message for the good governor. Governor, you can’t run from the truth.”

Polls show the Obama-Biden ticket holds a slight lead over Romney-Ryan in the 2012 presidential race in Ohio, but the margin has tightened in recent weeks. No candidate for president since 1960 has won the presidency without winning Ohio.

Copyright 2012 ABC News Radio


Ryan Says Obama Is ‘Not a Bad Guy,’ But ‘Bad at Creating Jobs’

Alex Wong/Getty Images(SPARKS, Nev.) -- Traditionally the No. 2 on a presidential ticket is the attack dog, and Paul Ryan in recent days has been going after the president pretty hard. But Friday the GOP vice presidential candidate lodged his attack beginning with a compliment.

“You know the president gave a big speech last night, well just hear me out. President Obama is not a bad guy,” Ryan said over cheers of “yes he is” from the crowd. “No, President Obama is not a bad guy. He’s good at giving great speeches, he’s just really bad at creating jobs.”

Ryan then continued his attack: “Here’s the problem, when you think that the road to success and prosperity is more borrowing, more spending, more taxing, more regulating, a government-centered society with a government-run economy, these are the kinds of results we will get and if we want the next four years to be any different than the last four years, we need a new president.”

It’s a line of attack Mitt Romney has also been using because of the president’s favorability ratings. The message the GOP ticket wants to get across is that the president is nice, but not competent, and to stay away from some of the more personal attacks they are afraid may backfire with the personally popular president. Obama has higher favorability ratings than Romney, but in an ABC News/Washington Post poll released this week the president’s number is seven points lower from his recent peak in April. Just 47 percent of registered voters see Obama favorably overall, while 49 percent rate him unfavorably. Forty percent of registered voters see Romney favorably, while 47 percent view the GOP presidential nominee unfavorably.

“The president can give lots of speeches. He can say a lot of beautiful things. But he can’t tell you that we are better off,” Ryan said in the parking lot of a Peterbilt truck parts and equipment company.

With the backdrop of the rugged Nevada desert, Ryan also mentioned the tepid job numbers released Friday morning.The report, worse than expected, showed that the economy created 96,000 jobs in August, below economist expectations of 125,000. The unemployment rate was down 8.1 percent, but it showed nearly 400,000 people had stopped looking.

The House budget chairman called the report “disappointing news.”

“We learned today that for every person that got a job, nearly four people stopped looking for a job,” Ryan said to a crowd of about 1,400. “They gave up. We can’t keep doing this. Our economy needs to create just 150,000 jobs every month just to keep up with the growth of our population. Friends, this is not an economic recovery, this is nowhere close to an economic recovery.”

Ryan tailored his remarks to this battleground state, telling voters they have a “special responsibility” and that the rest of the country is “depending” on Nevadans.

Ryan also mentioned the home foreclosure crisis that has rocked Nevada, as well as the Democratic Senate majority leader Harry Reid, who hails from this state.

“The president gave us this big stimulus package right when he got elected,” Ryan said. "He said when we pass the stimulus, unemployment will never get above eight percent. We just learned today that it’s been over eight percent for over 43 months. In Nevada, its 12 percent. Look at the foreclosure rate. Look at the unemployment rate.”

He then hit the United State Senate for not passing a budget, name-checking the state’s senator.

“Hey, you guys heard of this guy named Reid in the Senate?” Ryan asked sarcastically to boos. “So I take it as a yes. They haven’t bothered to pass a budget in three years. They have a law that says every year, April 15 -- April 15th is tax day for Americans, it’s budget day for Congress.  They’ve ignored it for three years.  Friends, this is not, this is not governing. This is kicking the can.”

From Nevada, Ryan heads to California to begin a few days of fundraising on the West coast.

Copyright 2012 ABC News Radio


Paul Ryan to Pledge 12 Million New Jobs in Four Years

Scott Olson/Getty Images(TAMPA, Fla.) -- At 42, Wisconsin Rep. Paul Ryan's star has risen so far so fast that his party's signature economic policy bears his name.

Wednesday night, as he accepts the Republican nomination for vice president, Ryan will try to parlay that reputation into proving he is ready for the White House with promises to create 12 million new jobs, abolishing Obamacare and downsizing Medicare.

Ryan, whose archly conservative but earnest approach to policy reportedly endeared him to Mitt Romney, is expected to discuss his vision for mending the economy when he speaks Wednesday night in primetime from the Republican National Convention in Tampa, Fla.

Ryan will make an appeal to the middle class and for the first time pledge to create 3 million jobs a year during a Romney/Ryan administration, according to excerpts of his speech released by his campaign.

"We have a plan for a stronger middle class, with the goal of generating 12 million new jobs over the next four years," he will say.

The promise of jobs is one that other candidates have made. In 2008, Obama promised to "save or create" 2.5 million jobs. Instead, the economy and high unemployment rates have become the most vulnerable part of his administration.

Ryan will also target the president's signature health care program.

"Obamacare comes to more than 2,000 pages of rules, mandates, taxes, fees and fines that have no place in a free country. The president has declared that the debate over government-controlled health care is over. That will come as news to the millions of Americans who will elect Mitt Romney so we can repeal Obamacare," Ryan is expected to say Wednesday night.

"The present administration has made its choices. And Mitt Romney and I have made ours: Before the math and the momentum overwhelm us all, we are going to solve this nation's economic problems. And I'm going to level with you: We don't have that much time. But if we are serious, and smart, and we lead, we can do this," he will say.

Ryan also will make a reference to his age and appeal to younger voters.

"I accept the calling of my generation to give our children the America that was given to us, with opportunity for the young and security for the old -- and I know that we are ready," he will say.

That idea of "serious" and "smart" are at the core of Ryan's brand. His youth, zeal and intelligence appealed not just to Romney but also the party faithful.

"Tonight, the American people -- millions who may not know a lot about Paul Ryan other than the headlines that they've read -- are going to get to know Paul Ryan the way many of us know him; as a serious policy thinker," Florida Sen. Marco Rubio said Wednesday morning on ABC's Good Morning America.

Rubio called Ryan someone who "brings a unique life experience and a unique perspective on some of the issues that we face because of his age, because of our generation but, at the same time, someone who is as deep and serious a thinker about our issues as ever before."

Conservative Republicans who were lackluster in their support of Romney have embraced his running mate. Crowd size at events with Ryan in tow has dwarfed those at which Romney appears alone.

"He has an amazing ability to energize a crowd, while presenting the important facts so that people can reach a common sense conclusion about the changes needed in this country," Republican strategist Alice Stewart told ABC News.

Democrats are perhaps equally as excited as Republicans that Ryan's plans for the budget and Medicare are now in the spotlight.

The Democratic National Committee bought a full-page ad in the Tampa Tribune accusing Ryan of trying to "end Medicare as we know it" by arguing Ryan's proposed voucher program will put the risks of that program on the backs of beneficiaries.

Ryan wrote Wednesday night's speech with help from some of the GOP'S best speechwriters. Matthew Scully, who wrote Sarah Palin's convention speech and was also George W. Bush's speechwriter, and John McConnell, Dick Cheney's speechwriter, contributed to the address.

Copyright 2012 ABC News Radio


Romney Says Big Business ‘Doing Fine’ After Criticizing Obama for Similar Remarks

William Thomas Cain/Bill Pugliano/Getty Image(HOPKINS, Minn.) -- Mitt Romney Thursday night said that big businesses are “doing fine,” using similar language that the presumptive nominee has hammered President Obama for using to describe the private sector earlier this year.

“I’m going to champion small business. We’ve got to make it easier for small businesses. Big business is doing fine in many places -- they get the loans they need, they can deal with all the regulation,” said Romney, speaking to a group of supporters at a private fundraiser in Minnesota Thursday evening.

Romney then added that the reason that big businesses are “doing fine in many places” is because they are able to invest their money in “tax havens.”

“They know how to find ways to get through the tax code, save money by putting various things in the places where there are low tax havens around the world for their businesses,” said Romney. “But small business is getting crushed.”

While Romney often talks about the negative impact regulations have on small businesses during his campaign speeches, his remarks Thursday night sounded similar to those made by Obama in June in which he said the private sector was “doing fine.”

Romney has since used the president’s words as a frequent example on the campaign trail of Obama being out of touch with struggling Americans.

At a campaign rally in Michigan just days following Obama’s remarks Romney said that the president, “trying to explain that everything’s going swimmingly,” remarked that “the private sector is doing fine.”

Eliciting boos from the crowd, Romney added, “Yeah, I don’t hear that where I go across the country, with the 23 million people out of work or underemployed.”

Additionally, while Romney said tax havens were helping businesses succeed during his remarks Thursday, the candidate’s own personal finances have come under scrutiny after it was revealed that some of his investments were placed in offshore accounts in the Cayman Islands.

Copyright 2012 ABC News Radio


Obama, Romney Hold High Noon Duel Over Jobs

JEWEL SAMAD/FREDERIC J. BROWN/AFP/Getty Images(WASHINGTON) -- President Obama and Mitt Romney held a high noon showdown on the economy today, with both men delivering live, televised statements on jobs, taxes and economic growth at the exact same time.

As Romney spoke outside a small business in Las Vegas, Obama surrounded himself with a group of middle-class Americans in Washington to praise the July jobs report and continue his push to put Romney on the defensive on taxes.

“This morning we learned that our businesses created 172,000 new jobs in the month of July. That means that we’ve now created 4.5 million over the last 29 months and 1.1 million new jobs so far this year,” Obama said. “Those are our neighbors and family members finding work and the security that comes with work.”

“We knew when I started this job that this was going to take some time,” he added. “But we also knew that if we were persistent and kept at it, kept working, that we’d gradually get to where we need to be.”

Romney assailed the latest report and a national unemployment rate that ticked up last month as a “hammer blow to the struggling middle-class families of America.”

“These numbers are not just statistics. These are real people, really suffering, having hard times, 23 million Americans out of work or stopped looking for work or way under-employed,” Romney said. “The official unemployment number, 8.3 percent. That’s the longest period of time — 42 months — the longest period of time we’ve had unemployment above 8 percent in American history, since this has been recorded.”

“This is an extraordinary record of failure,” he said of Obama.

Both men also sparred over taxes, framing the ongoing debate over whether to extend Bush-era tax cuts and for whom as a central issue for accelerating economic growth.

The president, who did not mention Romney by name, took direct aim at his rival’s tax plan, calling it “upside-down economics.”

“They want to give millionaires and billionaires and folks like me tax cuts that we don’t need and that the country can’t afford even if middle-class families have to pick up the tab for it,” Obama said.

“I just think we’ve got our priorities skewed if the notion is that we give tax breaks to the folks that don’t need them and to help pay for that tax folks who are already struggling to get by. That’s not how you grow an economy,” he added.

Romney vigorously defended his plan to slash rates on corporations and upper-income earners, saying hiking rates as Obama proposes would kill jobs.

“I will not raise taxes on the American people,” Romney told reporters. “I will not raise taxes on middle income Americans, and the president’s assertion and his ad’s assertion to the contrary are simply false. I want to bring down rates, make the code simpler,” he said.

Romney cited studies by the National Foundation of Independent Businesses and Rice University to claim his tax plan would create “millions” of jobs, while Obama’s would encourage small businesses to shed workers from their payrolls.

Copyright 2012 ABC News Radio


Romney Swings at Obama Over Business Philosophy

Win McNamee/Getty Images(IRWIN, Pa.) -- Reeling from broadsides on his private background, Mitt Romney rebounded Tuesday by indicting President Obama for what he said was the president's misunderstanding of the country and how business works.

Romney's offensive returned the presidential campaign to a debate about policy, and not about tax records, offshore accounts and Bain Capital, the slings that Democrats have hurled at Romney for weeks while the economy sputters.

His powerful speech, which resonated with his supporters and brought them to their feet, was an entirely reworked message that exploited a portion of comments Obama made this weekend. Obama, touting the role of government in helping businesses succeed, said that "if you've got a business, you didn't build that."

"President Obama exposed what he really thinks about free people and the American vision and government, what he really thinks about America itself," Romney told the fiery crowd of about 1,000 today in Irwin, Pa., calling Obama's comment "foolishness" and "insulting to every entrepreneur."

He said it was as if Obama argued that Steve Jobs, Henry Ford, "Papa John" Schnatter, Ray Kroc and Bill Gates didn't start their successful enterprises on their own, but that rather they owed a debt to government for boosting them.

"I'm convinced he wants Americans to be ashamed of success," Romney said.

Obama's team stuck to its main campaign message today with another ad suggesting that Romney is hiding information in his tax returns that hasn't been released. The ad, which cites a growing number of prominent Republicans saying Romney might as well release his records, notes that Romney gave his returns to John McCain in 2008 as part of the vetting process for a running mate, and that McCain eventually chose Sarah Palin.

McCain later told Politico that he chose Palin over Romney because she was a better candidate, not because Romney's taxes revealed poisonous revelations.

Copyright 2012 ABC News Radio


Romney Calls Obama 'Outsourcer-in-Chief'

Alex Wong/Getty Images(GRAND JUNCTION, Colo.) -- Mitt Romney today labeled President Obama an “outsourcer-in-chief,”  responding for the first time to attacks by the president’s campaign that suggest he outsourced jobs overseas during his years at Bain Capital.

“If there's an outsourcer in chief, it's the President of the United States, not the guy who's running to replace him,” said Romney, speaking at a town hall campaign event in the battleground state of Colorado, his first trip back since late May.

“He likes to talk about outsourcing,” Romney said of the president. “He's run some interesting attack ads on me on that topic.  You may have seen that and interestingly an independent unbiased fact checking organization looked at his ads and looked at that attack and said it's false and misleading.”

Romney was referring to the Obama television ad titled “The Problem,” that claims Romney condoned the Chinese "taking our jobs and taking a lot of our future” while at Bain.

The Obama ad, like several of Romney’s ads, has saturated the airwaves in Colorado, where locals complain it’s hard to watch television without catching several ads during commercial breaks.

“But it is interesting that when it comes to outsourcing that this president has been outsourcing a good deal of American jobs himself,” Romney continued. “By putting money into energy companies -- solar and wind energy companies that end up making their products outside the United States.”

Obama campaign spokeswoman Lis Smith swiftly responded in an e-mail statement stating that Romney just “doesn’t get it.”

“President Obama has fought to end tax breaks for companies that ship jobs overseas, fostered incentives for companies to bring jobs back to America and doubled the rate of trade cases we've brought against China to ensure an even playing field for American workers,” said Smith.

“Mitt Romney, who’s personally profited from investments in companies that were pioneers in shipping American jobs to India and China as a corporate buyout specialist, would slash funds to spur the clean energy sector in America, eliminating renewable energy jobs in states like Colorado and Iowa and ceding the industry to China. The American people deserve a President who will fight to create jobs here in America, not the Outsourcer-in-Chief Mitt Romney promises to be.”

Copyright 2012 ABC News Radio

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