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In his jobs speech last week, President Obama demanded that Congress pass his new stimulus proposals "right away." This was his constant refrain: right away, right away, right away.
A quick check of congressional voting records confirms the obvious. When it comes to economic matters, members for the most part have no idea what they're doing. They approve hundreds of billions in new spending year after year and call massive increases "cuts." They seem confused when the only outcome is the predictable piling up of trillions more in debt.
With almost 1 in 10 Americans out of work, the need for immediate job growth cannot be overstated. What's ironic is that with all the talk about jobs and recovery, not a whole lot is being said about the record number of jobs still going overseas.
As several free-trade pacts negotiated under President George W. Bush continue to collect dust, other countries are moving ahead with their own trade deals, a scenario many say puts U.S. industries at a competitive disadvantage and risks American jobs.
Jurgen Klinsmann sent a message in his U.S. coaching debut without saying a word. He stripped the names off the back of the jerseys and assigned Nos. 1-11 for the starters and 12-18 for the reserves.
Senate leaders said late Wednesday that they had agreed on a path toward passing legislation to help workers displaced by foreign trade and taking up three free trade agreements that have languished since they were signed during the George W. Bush administration.
The House Republican point man on trade said Wednesday that votes on three long-stalled agreements with South Korea, Colombia and Panama will be pushed back until the fall at the earliest because lawmakers working on the pacts are preoccupied with the fight over raising the federal debt limit.
The House Republican point man on taxes and trade said Wednesday it is unlikely that three long-stalled free trade agreements with South Korea, Colombia and Panama will be passed anytime soon, because the same lawmakers that are pushing the pacts are preoccupied with the fight over raising the federal debt limit.