U.S. Election 2012: Stewart Alexander Expecting Little from Obama’s Jobs Speech

Presidential Candidate Alexander says, “I would not place too much faith in Obama’s jobs program; I think it’s too little and it is almost too late.” Alexander also question Obama’s commitment to tax big corporation and the super rich; “It is the capitalist elite who will back Obama for a second term in the White House.”

Stewart Alexander for President
http://socialistparty-usa.org/
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With no signs of a U.S. economic recovery, President Barack Obama will address Congress and the nation on his plans to create jobs and fix the struggling economy. U.S. Presidential Candidate Stewart Alexander says he is not expecting to hear anything new from the president, “the unemployed are looking for results and jobs, not speeches.”

With President Obama now in his third year in the White House, the U.S. economy has gone from bad to worse. Unemployment stands at 9.1 percent and 14 million people are unemployed. Alexander says the unofficial number of unemployed could exceed 22 million and more than 40 million people are under-employed nationwide.

President Obama is expected to present a jobs creation package to Congress that will likely cost around $300 billion. During the past 30 months, while in office, President Obama has had more than 10 times that amount, over $3 trillion to finance an economic rebound for the economy; the results, the U.S. economy is in worse shape than before the beginning of 2009 when the president took office.

Tonight, President Obama is expected to layout a jobs creation plan that will cut taxes, create jobs in construction and technologies, and provide money for struggling state governments. The president is also expected to expand jobless benefits and reducing payroll taxes.

According to the Associated Press, “Obama was expected to purpose paying for some of his jobs initiative by closing corporate tax loopholes and increasing taxes on wealthier Americans, measures he failed to win during summer negotiations over increasing the nation’s debt ceiling.”

Alexander says, “I would not place too much faith in Obama’s jobs program; I think it’s too little and it is almost too late.” Alexander also question Obama’s commitment to tax big corporation and the super rich; “It is the capitalist elite who will back Obama for a second term in the White House.”

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U.S. Election 2012- Stewart Alexander: Jobs Report a Disaster for Obama
http://www.indybay.org/newsitems/2011/06/04/18681093.php

Article by Stewart Alexander
http://www.afroarticles.com/article-dashboard/myarticles/Stewart-A--Alex...

Socialist Party of California Facebook
http://www.facebook.com/pages/Socialist-Party-of-California/123576857687203

California Selected to Host National Convention for Socialist Party USA: http://www.indybay.org/newsitems/2011/04/27/18678212.php

Stewart Alexander 2012 in Irregular Times:
http://irregulartimes.com/index.php/archives/2011/04/06/the-real-sociali...

Left United’s Editorial Action Wing- Stewart Alexander 2012: http://stewartalexander2012.blogspot.com/