Monday, October 24, 2011

"We Can't Wait"

A few weeks ago President Obama met with his cabinet. He asked them all to come prepared to talk about what their various departments could do to create jobs and ease the burden on American families that wouldn't rely on Congressional action.

President Obama today met with his Cabinet to talk about the most pressing issue facing the country right now: Putting America back to work. The President is waiting for Congress to take action on the American Jobs Act, which he introduced at a Joint Session in early September. But in the meantime, the President is committed to having the entire administration and all agencies to do everything possible that does not require Congress’s help...

I suspect it was some of those ideas that the President will begin announcing this week.

With his jobs plan stymied in Congress by Republican opposition, President Obama on Monday will begin a series of executive-branch actions to confront housing, education and other economic problems over the coming months, heralded by a new mantra: “We can’t wait” for lawmakers to act.

According to an administration official, Mr. Obama will kick off his new offensive in Las Vegas, ground zero of the housing bust, by promoting new rules for federally guaranteed mortgages so that more homeowners, those with little or no equity in their homes, can refinance and avert foreclosure.

And Wednesday in Denver, the official said, Mr. Obama will announce policy changes to ease college graduates’ repayment of federal loans, seeking to alleviate the financial concerns of students considering college at a time when states are raising tuition...

“The only way we can truly attack our economic challenges is with bold, bipartisan action in Congress,” said Dan Pfeiffer, Mr. Obama’s communications director. “The president will continue to pressure Congressional Republicans to put country before party and pass the American Jobs Act, but he believes we cannot wait, so he will act where they won’t.”...

Aides said Mr. Obama would announce at least one initiative each week through the rest of the year, including steps to help returning veterans and small businesses.

The President is focused like a laser beam on the number one problem facing Americans. I expect he'll keep this up until either Congress does something to address the problem, or we replace them with some people who will.

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