In the last two days, President Obama has made even more strides to recover this nation from its recession.
First, he signed the Emergency Jobs bill, which will provide $26 billion to help states avoid a budget crunch that would force them to lay off teachers, firefighters, police and other public workers. It would also help these states pay Medicaid payments to doctors. By providing this much needed assistance, states are better able to meet other priorities, including keeping more than 150,000 teachers, police officers and other public workers on the payroll.
Second, Obama also signed into law the Emergency Homeowner Loan Program, making $3 billion in additional funds available to help troubled homeowners avoid foreclosures.
Third, he strengthened U.S. manufacturing by signing into law an act that reduces tariffs paid by American companies on certain imports needed to manufacture their products.
Irrespective of the benefits these new laws will provide, Republicans have further labeled themselves as the “Party of No” through their constant filibustering and opposition. However, what they fail to understand is that, in order to grow this economy and provide long term sustainability, we need to put aside politics and offer real solutions. We need to keep jobs, strengthen our companies, continue educating our youth, and keep people off the streets. It may also be noted that to further ensure that these new measures are fully paid for, Obama has closed tax loopholes that encourage corporations to send American jobs overseas.
If we lay off thousands of workers, outsource manufacturing jobs, and stop providing the basic necessities of shelter and education for our citizens, how can we, as a nation, compete globally? The answer is we cannot.
Thus far, the Obama administration, with the help of Democrats, has been successfully steering us into recovery. But when will Republicans help us navigate? Hopefully November will wake them up.