Paul Krugman:The point is that it’s now time — long past time — to get serious about the real crisis the economy faces. The Fed needs to stop making excuses, while the president needs to come up with real job-creation proposals. And if Republicans block those proposals, he needs to make a Harry Truman-style campaign against the do-nothing G.O.P.
This might or might not work. But we already know what isn’t working: the economic policy of the past two years — and the millions of Americans who should have jobs, but don’t. MORE...
Bob Schrum:Time and again, most recently during the manufactured debt crisis, the president has already proved that he's the reasonable person in the room. Now he has to prove that he's the passionate person in the room — and that he's passionate about the things that matter to ordinary, hard-working, and out-of-work Americans. This is where he would do well to listen to his progressive ranks and his own progressive instincts. He has to put an edge on his message, as FDR and Harry Truman did. MORE...
Howie P.S.: Meanwhile, the President has an idea of his own,
"Obama Pushing Jobs For Unemployed Military Veterans":President Barack Obama is asking Congress to approve new initiatives to help some of America's 1 million unemployed military veterans find work, including tax credits for companies that hire out-of-work vets.
The proposal Obama is to outline Friday is part of the president's efforts to return to a focus on jobs after spending weeks mired in the contentious debt-limit debate that consumed the White House for much of the summer.MORE...
H/t to
Greg Sargent.
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