TAMPA, Fla., Oct. 21, 2008
Obama And McCain On Job Creation
CBS Evening News: How The Candidates' Proposals Would Affect Your Community
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Where They Stand: Jobs
With the economy positioned as the top concern among voters, Barack Obama and John McCain try to tackle a rising unemployment rate. Jim Axelrod finds out Where They Stand on job creation.
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Katie Couric asks Barack Obama and John McCain questions of politics, policy and character.
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From The Road
Get up-to-the-minute news from CBS News reporters on the road with Obama and McCain.
The ninth installment of the series examines where each candidate stands on creating new jobs and helping America's workers.
- Proposes tax relief for small businesses.
- Would offer a $3,000 tax break to companies for each new job created through 2010.
- Says his plan to spend $150 billion on clean energy over 10 years would create 5 million new jobs.
- Says his proposals to keep small business taxes at 35% and cut the corporate tax rate to 25% will spur job creation.
- Estimates that his proposal to build 45 new nuclear power plants by 2030 would create 700,000 new jobs.
- Wants to reform unemployment insurance to focus more on re-training programs.
The Issue
Like a lot of guys with a finance career, Peter Halpern was watching the economy and worrying about supporting his wife, Eva, and daughter, Katrina.
To deal with the heat and pressure, Halpern turned … to heat and pressure.
"When the sparks are flying, and the tools are grinding, and you hear the noise," he said. "I love it."
After years in the white-collar world, Halpern is becoming a welder.
"Most of the time, the people I've worked with - our friends have kind of gone, 'huh? You're doing - hold on a second!'" he said.
Unemployed after folding his own investment company, Halpern is now part of a worker-training program in Pinellas County, Fla. And he's not alone.
"We're getting guys from 18 years old to 45 years old," said Lee Middleton, Halpern's welding instructor.
In Florida, three nuclear power plants are currently operating, requiring hundreds of precision welders for maintenance. Two more are in the works.
"All the baby boomers are retiring, and there is nobody to replace them. Now all these people are realizing this and they're coming for the money and the benefits - and the future," Middleton said.
These guys have done the math, and they like the numbers they're seeing.
Graduates leave there in starting jobs that pay close to $30 an hour. That's $60,000 a year base - six figures easy with overtime.
Maybe that's why there's a waiting list there with more than 400 names on it.
"Can you make close to the same amount in welding as you did in finance?" Axelrod asked.
"Oh yeah," Halpern said.
So Halpern, who knows something about life-changing decisions, having enlisted in the Army on 9/11, is changing the color of his collar, because it feels like the safest and most secure thing to do.
"This is my office, that's how I look at it," Halpern said in the welding studio.
"And how do you like your new office?" Axelrod asked.
"I like my office. You know, it doesn't have a window anymore, but I can live with that," he said.
Axelrod and his CBS Evening News crew came to Tampa to talk jobs, because Florida has lost more jobs in the past year than any other state. Tampa has been hit especially hard - and it's full of the swing and independent voters both candidates have been courting heavily - the bloc of voters that may very well decide this election.
The Candidates
"Small businesses provide 16 million jobs in America and Americans know that raising taxes on small business will kill those jobs," Sen. John McCain said in a rally earlier this month.
McCain's plans to create more jobs start with taxes. He's pledged to keep taxes on small businesses capped at 35 percent, and cut the corporate tax rate from 35 percent to 25 percent. The idea is to free up cash and expand payrolls.
In a Pennsylvania rally, McCain said: "In this economy, raising taxes is the surest way to turn a recession into a depression."
But Sen. Barack Obama also proposes tax relief for small businesses, so they have money to grow. He says he'll end tax breaks for larger companies that send jobs overseas - and he'll offer a $3,000 tax credit for each full-time job a business creates - through 2010.
Obama's linked job creation to ending the Iraq war. He wants to take what's now spent in Iraq - $10 billion a month - and use it to rebuild our crumbling national infrastructure instead, creating 2 million new jobs fixing roads and bridges.
"We've gotta create the jobs of the future by transforming our energy economy," Obama said in Colorado.
But the centerpiece of his job-creation policy is a call to spend $150 billion on clean energy over the next 10 years - creating 5 million more jobs in the process.
Energy would be a huge source of jobs, according to McCain, as well. He's proposing 45 new nuclear power plants to be built by 2030 nationwide - that's 700,000 new jobs, he says.
"Nuclear power is the most dependable source of zero-emission energy we have," McCain said.
And Obama said in Reno, Nevada: "We can't wait to educate the next generation of Americans with the skills and knowledge they need to compete with any workers, anywhere in the world."
For worker re-training, Obama would expand apprenticeship programs, and offer flexible education accounts for displaced workers. McCain wants to reform unemployment insurance to focus on re-training, emphasizing community colleges and technical training centers.
The Impact
McCain is referring to places just like the one at the Union Hall near Tampa, where Peter Halpern is learning to weld.
"Yeah, the hands are little dirtier and a little more ate up than they used to be," Halpern said.
Axelrod said: "This is not what it looked like coming home from a day at the office when you were in finance."
"No, they were a little more manicured then," he said.
The economic downturn may mean both candidates need to re-consider their job-creation plans.
But for now, both offer something for Halpern. He could directly benefit from McCain's calls for nuclear power plants - as well as Obama's plans to fix our infrastructure. But this undecided voter won't make his choice based on who's got the better "jobs" plan.
"My position was to look at things from a 10-, 15-, 20-year position, and when we're looking at a president we're only looking at a four-year position," Halpern said.
"So there's nothing one of these two guys is going to say on job creation, or job training that's going to sway you one way or other in terms of voting for one of the other?" Axelrod asked.
"No," Halpern said.
He's more concerned with fixing America's reputation abroad. As far as getting a job - Peter Halpern figures he's good to go - no matter who's elected.
And if you think he's happy, try his wife.Read more on the issue at Couric & Co. Blog.
Check out Where They Stand on other issues.
"He's not quite aware of it yet, but I already have quite a few projects around the house and in the yard," his wife, Eva, said.
"For him to weld?" Axelrod asked.
"Absolutely," she said.
So he gets to use his newly acquired skills. Turns out there's a price for his newfound security after all.
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Read more on the issue at Couric & Co. Blog.
Check out Where They Stand on other issues.



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See all 134 CommentsTHE "MAVERICK" SARAH PALIN, WHO THE REPUBS BELIEVE IS READY TO BE IN A POSITION WHERE SHE IS A BREATH AWAY FROM THE PRESIDENCY, IS ALL FOR SENDING U.S. NATURAL GAS TO ASIA!!!! WHAT???? NOT AFTER THE "MAVERICK" HAS SHOWERED HER RALLIES WITH THAT " U.S. NEEDS IT''''S OWN ENERGY INDEPENDENCE" ***!! WHAT A JOKE.. YOU CAN''''T BE SERIOUS.. ISN''''T THIS HER "EXPERTISE" THE ENERGY CRISIS??!!
October 21, 2008
Betrayal, secession and a cowardly Blow to America
Sarah palin working on Secret deal with Terrorist Group Alaska Independence Party to help Russia annexed the state of Alaska.
www.chilitoz.com is reporting
You do know that your name means "thief" in latin, right, maybe you just want to be like Palin, a thief and liar.
Whatever, your up to the usual cut and paste of others posts, I see. Shame, the depth that a person can sink in their solitude after becoming a shutin. I see you like the "World of Warcraft" though, good for you little troll.
It looks like McCain''s ACORN''s are coming home to roost!!!
http://www.latimes.com/news/local/la-me-fraud20-2008oct20,0,3842357.story
Posted by Latrocinor
Posted by Latrocinor
Posted by Latrocinor
Posted by Latrocinor
Putting aside the fact that Palin is lying to the middle class about her plans to help out (she is really only concerned with helping out her bank account), I''m very proud of this country for outright rejecting McSame/Palin''s dishonest fear-mongering low-road campaign tactics. Rather than talking about the issues, McCain''s robo bloggers accuse Senator Obama of being anti-American and a terrorist, in the hopes of scaring Americans into voting for McCain. Not only will McCain lose this election, but he has already lost his honor. He really should be ashamed of himself. This is not the John McCain this country once knew. It''s a real shame he has stooped so low.
Posted by Latrocinor
Is this childish enough for you Latrocinor, you really should call the nurse for help.
Posted by Latrocinor
Posted by Latrocinor
Posted by Latrocinor
Posted by Latrocinor
Posted by PVperson
Latrocinor can''t help it, he was dropped on his head as an infant. He couldn''t come up with an original thought if his life depended on it. After all, he is a conservative. Latrocinor, copy this, you brain-dead idiot! LOL
Posted by Latrocinor
Is this childish enough for you Latrocinor
Posted by Latrocinor
Is this childish enough for you Latrocinor
STILL here making a fool out of yourself from this afternoon?
Posted by Latrocinor at 08:58 PM : Oct 21, 2008
Latrocinor, I''m so proud of you! Well said!
John McCain exercised extraordinarily poor judgment when he picked Palin.
Posted by Latrocinor at 08:58 PM : Oct 21, 2008
Latrcinor, are you sure? McCain didn''t know about Palin''s ethics violations when he chose her. I think you should cut the old man some slack.
Another day for you ole lackey fighting and arguing sitting in your mothers out house jabbing the keyboard as you shout right wing hysterics displaying what a loon you%u2019re from your pot-bellied perspective of the world
Posted by tonic16612 at 09:04 PM : Oct 21, 2008
Very well put! McCain is acting like deer caught in the headlights while he shifts from the low road to the high road and back to the low road again. He''s looking more and more like a foolish man who lost his sense of fairness and honesty. Obama has been cool the entire time.
John McCain exercised extraordinarily poor judgment when he picked Palin.
Posted by Latrocinor at 08:58 PM : Oct 21, 2008
Finally your mommy let out for some sun
GOOD ONE
Posted by Latrocinor at 09:01 PM : Oct 21, 2008
Latrocinor, is all this campaigning really necessary? Your man Obama in ahead in the polls by 10 points now. You really should relax. It''s not healthy.
Posted by Latrocinor at 09:10 PM : Oct 21, 2008
Latrocinor, are you sure you took your meds today? Your acting like a schizophrenic and angry John McCain, don''t you think?
~Shaniqua Johnson
stumble digg reddit del.ico.us news trust mixx.com The Huffington Post | Seth Colter Walls & Nico Pitney | October 19, 2008
General Powell, harshly criticized some of McCain''s campaign tactics, such as the robocall campaign linking Obama to former 1960s radical Bill Ayers.
"Mr. McCain says that he''s a washed up terrorist, but then why do we keep talking about him? And why do we have the robocalls going on around the country trying to suggest that because of this very, very limited relationship that Senator Obama has had with Mr. Ayers, somehow Mr. Obama is tainted. What they''re trying to connect him to is some kind of terrorist feelings. And I think that''s inappropriate. Now, I understand what politics is all about, I know how you can go after one another and that''s good. But I think this goes too far, and I think it has made the McCain campaign look a little narrow. It''s not what the American people are looking for."
http://www.huffingtonpost.com/2008/10/19/colin-powell-endorses-oba_n_135895.html
Alaska is missing its idiot
Posted by Latrocinor at 09:13 PM : Oct 21, 2008
Posted by Latrocinor at 09:15 PM : Oct 21, 2008
Well, I really can''t argue with that!
Alaska is missing its idiot
Posted by Latrocinor at 09:24 PM : Oct 21, 2008
Paranoia will destroy ya, Latrocinor. You should have that checked out before it gets out of control. :-)
stumble digg reddit del.ico.us news trust mixx.com The Huffington Post | Seth Colter Walls & Nico Pitney | October 19, 2008
General Powell, harshly criticized some of McCain''''s campaign tactics, such as the robocall campaign linking Obama to former 1960s radical Bill Ayers.
"Mr. McCain says that he''''s a washed up terrorist, but then why do we keep talking about him? And why do we have the robocalls going on around the country trying to suggest that because of this very, very limited relationship that Senator Obama has had with Mr. Ayers, somehow Mr. Obama is tainted. What they''''re trying to connect him to is some kind of terrorist feelings. And I think that''''s inappropriate. Now, I understand what politics is all about, I know how you can go after one another and that''''s good. But I think this goes too far, and I think it has made the McCain campaign look a little narrow. It''''s not what the American people are looking for."
http://www.huffingtonpost.com/2
008/10/19/colin-powell-endorses-oba_n_13
5895.html
Posted by Latrocinor at 09:24 PM : Oct 21, 2008
Dude, you really should get checked out.
Posted by LOOK- at 09:24 PM : Oct 21, 2008
One problem, of course, is that while Obama is infinitely qualified to be president, Sarah Palin is not, and McCain has one foot in the grave already. There is no way he will live through the next four years as president, not a chance. Then, we''ll have Barbie as president? Scares the hell out of me.
By Eric Boehlert
Drudge''s Web traffic remains strong and continues to grow, thanks to a burgeoning international audience. But in terms of setting the ground rules -- in terms of setting the campaign agenda -- Drudge has been AWOL since mid-September when the credit crisis erupted. Four years ago, Drudge and the right-wing bloggers were at the peak of their political power. Today, they''re pretty much watching the election pass them by, reduced to the role of frustrated sideline hecklers. Read more
http://mediamatters.org/
Posted by Latrocinor at 09:29 PM : Oct 21, 2008
LOL, the mark of someone who is truly mentally ill. Since you oppose me, Latrocinor, I must be fine. LMAO! What retrd!
Posted by Latrocinor at 09:13 PM : Oct 21, 2008
Shame on you
http://mediamatters.org/items/200810210014?f=h_clips
Posted by LOOK- at 09:30 PM : Oct 21, 2008
Obviously, you are a liar, not a soldier in Iraq. No soldier in Iraq would bring disgrace like this upon his fellow troops by publicly embarrasing them with such filthy racism. Nice try though.
Posted by Latrocinor at 09:37 PM : Oct 21, 2008
No, you''re special, very special! LOL Ever wonder why you were forced to take the short bus to school? LMAO!
Posted by Latrocinor at 09:37 PM : Oct 21, 2008
So you deny that Palin was found guilty of abusing her power as governor? I guess that is further evidence of your mental illness, the inability to accept reality. Pity.
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