White House: It’s ‘all economy, all the time’ for the president
President Obama is turning his focus squarely toward the
economy as the traditional campaign season begins.
Obama will travel to two battleground states next week to
tout the economy, and also plans on introducing a package of new ideas to
bolster a weak recovery that is hampering his party’s hopes for retaining the
House and Senate.
{mosads}“All economy all the time,” is how one White House official
described the president’s week ahead.
The president has offered no new details about his
proposals, but they are expected to include business tax breaks that would
serve as a nod to the GOP.
Republican aides on Friday said they would wait to see what
Obama proposes before commenting.
“If it’s like everything else they’ve done, they’ll offer it
in such a way that it’s impossible to support,” said one skeptical Republican
Senate aide.
The push on the economy comes after a week in which Obama’s
attention was on foreign policy. The president made his second Oval Office
address to the country on Tuesday to discuss the end of the U.S. combat mission
in Iraq. The next day, he launched Middle East peace talks hosted by the State
Department.
Yet even the end of the Iraq mission was framed in economic
terms. In his address, Obama signaled the U.S. needed to focus on its economy
and budget deficit by ending the war in Iraq, and by removing troops from
Afghanistan next year.
Obama will mark Labor Day by speaking in Milwaukee at a
picnic sponsored by the AFL-CIO. He’ll then travel to Ohio on Wednesday to make
remarks on the economy. Obama will conclude the week with a press conference –
his first in several months – on Friday.
At some point, Obama will offer specifics on the proposals
his economic team is considering. They are said to include a payroll tax
holiday for businesses, something economists have said could provide an
immediate stimulus to the economy.
With unemployment inching up again in Friday’s jobs reports
and new polls showing a disastrous November for Democrats, Obama and his
economic team are searching desperately for legislation that can be passed in a
short window and have a stimulative effect.
In remarks Friday on the economy, Obama focused on a small
business tax cut and loan program, currently in the Senate, the center-point of
his immediate economic efforts.
But he also talked about his confidence that Republicans and
Democrats could come together on some proposals to speed up the economic
recovery. Obama said a recovery is taking place, but not at the speed he’d
hope.
“That’s why we need to take further steps to create jobs and
keep the economy growing, including extending tax cuts for the middle class and
investing in the areas of our economy where the potential for job growth is
greatest,” Obama said Friday. “In the weeks ahead, I’ll be discussing some
of these ideas in more detail.”
Larry Berman, a political science professor at the
University of California-Davis, said that by pursuing policies that are more in
line with what Republicans would prescribe for the ailing recovery, voters are
seeing “Obama the pragmatist.”
“It’s not so much a move to the middle as it is a move away
from the ideological ground he had previously staked for himself,” Berman said.
“His jumper cables must have a short, so he’s decided to borrow a neighbors.”
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..