In his weekly address, President Obama hammered Republicans for putting the interests of the rich above the unemployed. He said they are making a hypocritical stand on the deficit now, after years of spending, and doing it “on the backs of the unemployed.”
Well, I think these Senators are wrong. We can’t afford to go back to the same misguided policies that led us into this mess. We need to move forward with the policies that are leading us out of this mess. The fact is, most economists agree that extending unemployment insurance is one of the single most cost-effective ways to help jumpstart the economy.
The speech comes just in advance of Tuesday’s vote to break the Republican filibuster and extend the unemployment benefits. Both Republicans and Democrats are maneuvering to be viewed as the party of jobs as campaigning for November’s midterm elections heats up.