Prabhupada, Los Angeles, May 27, 1972, Lord Nrsimhadeva’s Appearance Day: […] What it is called….computer? It can do thousands of men’s business? So they have discovered this machine. That means thousands of men will be unemployed. That is actually happening in your country due to so many machines. Full Lecture
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Obama wants to create a million jobs
WASHINGTON, Aug. 31 (Reuters / EP) – The U.S. President, Barack Obama, said that there is a range of possible policies that could create up to one million jobs in the country.
“We have no magic bullets, but what we have, I think, is the ability to do some things well to generate a big difference,” Obama said in a radio interview.
The White House has said that details of the proposals on the creation of jobs that Obama will unveil next week are still being shaped and to wait to announce the final day for the presidential speech.
“There is no doubt that we can take steps that would mean that the economy would grow at a one or 1.5 percent faster. That could involve between 500,000 and one million additional jobs,” he Obama said.
U.S. GDP expanded by 1.3 percent annually in the second quarter of this year, while the unemployment rate remains at 91 percent in July.
“This is a situation where basically the economy suffered a stroke and the patient survived. The patient is improving but very slowly,” Obama has qualified.
on concrete measures, Bush has proposed increasing spending on infrastructure to improve the country’s roads, bridges and schools, as well as extending tax cuts to wages and unemployment assistance.
“All these ideas have already been submitted to Congress, but also introduce others. We have to, unfortunately, at a time when we are short of money. George W. Bush gave us 1,000 billion dollars (692.7 billion euros) of deficit, “Obama has outlined.
On the strategy for the measures are approved by the House of Representatives controlled by Republicans, the president has said he expects continued resistance from their opponents, but has insisted that Republicans “are only talking a very small segment of the population, their bases “.
“My position is that my work is to present the best possible plans. Congress needs to act. If Congress does not act, I must return to the road and talk to people, and the next election could end up being a referendum on those whose vision of America is better, “she added Obama.
source: Economics News Paper
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