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Obama Jobs Plan Bolder Than Expected, But Is It Enough?

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Uploaded on Sep 9, 2011

DemocracyNow.org - Before a joint session of Congress, President Obama laid out a $447 billion package of tax cuts and new government spending Thursday night to help stimulate the economy and create new jobs. His speech comes at a time when 14 million people are unemployed and another 8.8 million are working part-time, but seeking full-time work. The official unemployment rate stands at 9.1 percent and the White House is predicting the rate will not fall below six percent until 2017. The jobs crisis is particularly severe for African Americans who face an unemployment rate that soared to 16.7 percent in August — the highest its been since 1984. Democracy Now! speaks with Dedrick Muhammad, senior director for economic programs for the NAACP; and Scott Paul, founding executive director of the Alliance for American Manufacturing.

For the complete transcript, to download the podcast, or for additional reports on Democracy Now! about the U.S. economy and Obama's record in office, visit http://www.democracynow.org/

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