In his weekly address on July 31, 2010, President Barack Obama urged Republican leaders in the Senate to provide small business owners with tax breaks and lending assistance by passing the Small Business Jobs Act.
The Small Business Jobs Act is written to help small business owners, who create most of the new jobs in America. It contains provisions authored by both Republicans and Democrats and is supported by a majority in the Senate. However, Republican leaders in the Senate blocked its passage.
President Obama criticized Republican leaders for blocking the Small Business Jobs Act, which would create much-needed new jobs in our nation.
President Obama gave his weekly address from the GM auto plant in Detroit, and emphasized that the auto industry was one of the hardest hit sectors in the nation. In the year before President Obama took office, liquidation was a serious possibility as hundreds and thousands of auto workers lost jobs and sales fell by a staggering 40%.
According to President Obama, the “just say no” crowd was willing to let the auto industry in our nation fail and eliminate over a million American jobs. Instead, the Obama administration convinced the auto industry to adapt and compete in the 21st century with fuel-efficient cars in exchange for a one-time investment.
As a result, Chrysler, GM, and Ford have added 55,000 jobs and are operating at a profit due to rebounding sales.
Furthermore, Democratic Senator Barbara Boxer, who is running for re-election in California against Republican Carly Fiorina, toured the successful Center for Employment Training in San Jose, California, which provides job training to help their students find permanent and unsubsidized employment.
KTVU.com reported that the executive director of the Center for Employment Training, Hermelinda Sapien, said that the program’s success was dependent on a recently received $3 million grant from the American Recovery and Reinvestment Act.
Senator Barbara Boxer is working to create jobs throughout the state. Senator Boxer discussed the importance of job creation through solar power and green technology, and she toured the popular green building construction program at the Center for Employment Training.
In the November 2, 2010 midterm elections, job creation will most likely be the most important issue to voters at the polls. In California, the unemployment rate is at 12.3% Democrats are asking voters to remember that our economic crisis is the result of 8 years of misguided policies under the Bush administration.
For general information about the November 2, 2010 midterm elections, including voter registration in Los Angeles County, click here.