Obama Cautious On Job Creation

(CBS/AP)  President Barack Obama says job-creation in America is difficult in a time of economic hardship and that the work of the future should be in more high-paying, high-skill areas like clean energy technology.

The comment comes as the Labor Department reported Thursday that the number of new jobless claims rose to 652,000 last week. The total number of people claiming benefits for more than a week jumped 122,000 to 5.56 million, significantly higher than analysts' projections of 5.48 million and the highest on records dating back to 1967.

The Commerce Department also reported Thursday that the economy shrank at a pace of 6.3 percent for the 4th quarter of 2008.

Mr. Obama was asked at his virtual town hall meeting Thursday when people can expect a return of jobs that have been outsourced to other nations. He said the United States has suffered a "massive loss of jobs" because of the deep recession and the turmoil in the financial industry.

Mr. Obama also said many of the lost jobs in recent years involve work that was done by people getting very low wages and those with limited work skills. He said it will take some time - perhaps through the rest of the year - before vigorous hiring resumes, and that might not happen until businesses see evidence the economy is rebounding.

Mr. Obama said that "not all of these jobs are going to come back" and that may not be a bad thing.

"It probably wouldn't be good for our economy for a bunch of these jobs to come back, because, frankly, there's no way that people could be getting paid a living wage on some of these jobs."

Mr. Obama stressed the importance of developing the "high-skilled, high-wage jobs of the future."

"That's why it's so important to train our folks more effectively and that's why it's so important for us to find new industries, building solar panels or wind turbines or the new biofuel that involve these higher-value, higher-skill, higher-paying jobs," he said.

[taryder]

Yes, why don't we ALL throw these fat cats a curve ball and start only buying products MADE IN AMERICA........NOBODY benefits from all the cheap JUNK!!!!! made in China except for the exec utives at Mattel, Kroger Fred Meyer, Rite Aid, etc, etc, ad nauseum! Some people have even been poisoned by some of this stuff!.....you know, something called MELAMINE, and who knows WHAT OTHER PLASTICS, CHEMICALS, etc.

THESE GUYS (the company executives,owners) have become filthy, filthy rich buying cheap junk and selling it to us. Has anyone looked at the prices right now of items at Kroger Fred Meyer. It is ALL cheap stuff from China, which I'm sure, Kroger paid PENNIES on the dollar for, and turns around and sells it at fairly high prices to us!!!....Look at their prices now. It is OUTRAGEOUS......d'ya think they're having the last laugh again? or what!!!
We are the DUMMIES by continuing to give them our business. How about a BOYCOTT. THAT!!! ALWAYS worked in the 60s!!!
Companies ONLY CHANGE when it hits THEIR pocket-books.

We could actually have good paying jobs at FACTORIES making things in America. THAT is what America USED TO DO........make things.....T.Vs., radios, refrigerators, toys, clothes, etc, etc

[impeachbhb]

I thought the Stimuporkulus legislation was supposed to create a couple of million jobs. Didn't Barak and Joe say there were "shovel ready" projects ready to go?

[realnews12]

Killing the unborn is not a civil right, it is a barbaric practice engaged in by stupid, self-absorbed, predatory women. It is tolerated in only the most backward, violent and corrupt societies.

Posted by dowell100 at 1:38 PM : Mar 26, 2009

You are misinformed. Abortion "on demand" (meaning it is entirely a woman's choice, no particular reason need be given) is LEGAL (as of 2007) in the following countries: Albania, Armenia, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belarus, Belgium, Bosnia, Bulgaria, Cambodia, Canada, Cape Verde, China, Croatia, Cuba, Czech Rep., Denmark, Estonia, France, Georgia, Germany, Greece, Guinea Bissau, Guyana, Hungary, Italy, Kazakstan, N. Korea, Kyrgyzstan, Latvia, Lithuania, Macedonia, Moldova, Mongolia, Montenegro, Mozambique, Nepal, Netherlands, Norway, Portugal, Romania, Russia, Serbia, Singapore, Slovakia, Slovenia, S. Africa, Sweden, Switzerland, Tajikstan, Tunisia, Turkey, Turkmenistan, Ukraine, United States, Uzbekistan, Vietnam, and Yugoslavia. A few of these countries restrict it to the 1st or 2nd trimester.

MANY MORE countries allow abortion for various reasons, like to preserve the physical or mental health of the mother, if the fetus is malformed, in cases of rape or incest, or if the mother cannot support another child.

There are only 5 countries in the world which do not permit abortion under ANY circumstances. They are: Chile, El Salvador, Nicaragua, Malta, and Vatican City.

[sjc_1]

It has been said that small business has created most of the jobs the last 20 years. I read that there are more than 20 million small businesses in the U.S. I would assume that includes all the small stores that you can see in the strip malls around suburban areas.

If the credit freeze does not flaw soon, we are going to see a lot of these businesses go under. It will not make the news like a big corporate layoff announcement, but it will be wide spread and people WILL take notice.

[Mr_know_it]

Proper taxation is also necessary! SALES TAX, GAS TAX, UTILITIES TAX, and CORPORATE TAX (sliding scale as to profits) would suffice in paying off the several TRILLION DOLLARS of debt. Furthermore, the appropriate TARIFFS on goods (STEEL amongst other items) exported to other countries would also off-set the deficit! All theses taxes are CONSTITUTIONAL! INCOME TAX should be cut in half along with inheritance TAX! Both INCOME TAX and INHERITANCE TAX are controversial TAXES and possibly violate the UNITED STATES CONSTITUTION at ARTICLE V! CONGRESS should regulate UTILITIES and GASOLINE (OIL); therefore, when GASOLINE and UTILITIES are TAXED, there is NOT a substantial burden to the PUBLIC!

CONSTRUCTION needs to be addressed more! CONGRESS needs to initiate more construction contracts to rebuild the infrastructure of the UNITED STATES! Also, there needs to be additional funding to local (STATE and COUNTY) construction!

CONGRESS needs to pay-off all STATE deficits, especially CALIFORNIA! This will cost several BILLION DOLARS; however, it would be worth the effort!

CONGRESS needs to screen and loan funds to certain businesses to shore-up the economy. This will keep said businesses functioning while jobs are created to produce consumer spending!!!! This is the primary factor as to the solution--consumer spending!

[Mr_know_it]

Proper taxation is also necessary! SALES TAX, GAS TAX, UTILITIES TAX, and CORPORATE TAX (sliding scale as to profits) would suffice in paying off the several TRILLION DOLLARS of debt. Furthermore, the appropriate TARIFFS on goods (STEEL amongst other items) exported to other countries would also off-set the deficit! All theses taxes are CONSTITUTIONAL! INCOME TAX should be cut in half along with inheritance TAX! Both INCOME TAX and INHERITANCE TAX are controversial TAXES and possibly violate the UNITED STATES CONSTITUTION at ARTICLE V! CONGRESS should regulate UTILITIES and GASOLINE (OIL); therefore, when GASOLINE and UTILITIES are TAXED, there is NOT a substantial burden to the PUBLIC!

CONSTRUCTION needs to be addressed more! CONGRESS needs to initiate more construction contracts to rebuild the infrastructure of the UNITED STATES! Also, there needs to be additional funding to local (STATE and COUNTY) construction!

CONGRESS needs to pay-off all STATE deficits, especially CALIFORNIA! This will cost several BILLION DOLARS; however, it would be worth the effort!

CONGRESS needs to screen and loan funds to certain businesses to shore-up the economy. This will keep said businesses functioning while jobs are created to produce consumer spending!!!! This is the primary factor as to the solution--consumer spending!

[Mr_know_it]

The proof that GOD changed GOD'S LAW centers around the absolute FACT that former president George W. Bush Jr. was going to invade IRAN during 2006; and former president George W. Bush Jr. was not ruling out the possibility of the use of NUCLEAR WEAPONS, concerning the invasion! IRAN was absolutely the "TRIGGER" that was to initiate the NUCLEAR HOLOCAUST (Russia and China against the UNITED STATES) that would have destroyed the UNITED STATES in one hour by FIRE (BIBLE/REVELATIONS chapters 17 and 18). The BOOK OF DANIEL has an abstract version located in DANIEL chapter 7 and verse 4 [when the wings of the EAGLE are removed a man shall arise]. CORRECT INTERPRETATION (DANIEL chapter 7 and verse 4): When the UNITED STATES is "DESTROYED", the ANTI-CHRIST will arise in EUROPE ("EUROPEAN UNION"). Furthermore, the exact alignment of EZEKIEL chapters 38 and 39 were absolutely necessary for everything to take place. EZEKIEL chapters 38 and 39 were in exact alignment during 2006 (year of "DARKNESS"/June 6, 2006 at 6:00 p.m.)! Since the UNITED STATES is still here the inevitable did not occur (2006); therefore, GOD changed destiny after GOD changed GOD'S LAW!

[Mr_know_it]

The proof that GOD changed GOD'S LAW centers around the absolute FACT that former president George W. Bush Jr. was going to invade IRAN during 2006; and former president George W. Bush Jr. was not ruling out the possibility of the use of NUCLEAR WEAPONS, concerning the invasion! IRAN was absolutely the "TRIGGER" that was to initiate the NUCLEAR HOLOCAUST (Russia and China against the UNITED STATES) that would have destroyed the UNITED STATES in one hour by FIRE (BIBLE/REVELATIONS chapters 17 and 18). The BOOK OF DANIEL has an abstract version located in DANIEL chapter 7 and verse 4 [when the wings of the EAGLE are removed a man shall arise]. CORRECT INTERPRETATION (DANIEL chapter 7 and verse 4): When the UNITED STATES is "DESTROYED", the ANTI-CHRIST will arise in EUROPE ("EUROPEAN UNION"). Furthermore, the exact alignment of EZEKIEL chapters 38 and 39 were absolutely necessary for everything to take place. EZEKIEL chapters 38 and 39 were in exact alignment during 2006 (year of "DARKNESS"/June 6, 2006 at 6:00 p.m.)! Since the UNITED STATES is still here the inevitable did not occur (2006); therefore, GOD changed destiny after GOD changed GOD'S LAW!

[Mr_know_it]

I stated before that GOD did change GOD'S LAW during 2006. This change would only affect the other 99.9% that were absolutely destined to go back to the abyss after their transition back to immortality. Basically, the change in GOD'S LAW affected "DARKNESS", which included the MASONS/SKULLS. The message was NOT for the CHRISTIANS; they were already "SAVED"!

Since GOD changed GOD'S LAW, there is adequate change for change to take place. The destruction of certain individuals is NOT necessary anymore! Therefore, everything can take a new direction! Things that could not be changed before can be changed now!

[Dave_P6]

Consumer spending increased last month and Dow Jones keeps going up up up. GoBama!