summit. yeah, he said it all of the time. in between the times i reread the state of the union from january this year. he said our most important job is creating jobs and focusing on the economy. by that measure, i think you can argue that growth, better growth is improved from a place of a year ago . same time unemployment hasn t improved greatly from that point in time . if you look at the recovery act which was the single most domestic policy economic policy and achievement of the obama administration over the first two years it didn t do and didn t succeed . didn t succeed on terms but on their own terms. bret: the president asked about the car in the ditch and said it is back on the road. juan, there is not a lot of hard questions. i think the question on
the country. we need to create jobs. it s not just small family owned businesses contemplating liquidation. george steinbrenner died tuesday, if he passed away six months from thousand, his heirs could be forced to sell off the franchise. ernie sanders with his own state tax proposal on the hill says it s time to get tough. it s absurd we are giving tax breaks to millionaire and billionaire and people are saying oh, we re terribly worried about the deficit. bipartisan measure from kyl and lincoln is in the hands of harry reid. only he can decide whether it will go to a vote as part of the small business lending bill. in washington, shannon bream, fox news. president bam become holds another job summit with a special guest star that some find surprising. we talk about it with the fox all-stars when we return. don t forget the you are an iphone or android user you can now download fox news application includes some from special report and get
country s unemployment rate. james wadsworth is your classic small businessman and runs a virginia food services company that employs 250 people. like others who have gathered here at the u.s. chamber of commerce job summit he says not enough is being done to create jobs in america. while we keep ignoring this jobs thing, it s not an elephant but a herd of elephants in the room. we keep leaving the room for a coffee break. reporter: in a blistering open letter to the president the u.s. chamber of commerce criticizes the administration and congress for neglecting job growth saying after preventing another great depression they took their eyes off the ball. the letter says quote they villify industries while embarking on an ill advised course of government expansion, major tax increases, massive deficits and job destroying regulations. all of this has injected tremendous uncertainty into our economy and uncertainty is the
happen or introduce a vat or transaction tax, any kind of tax increase, at this point, is the worst thing you can do. because it will raise the deficit in the long term because it will slow the economy. sean: look at what happened today. obama s 2010 deficit, this year, 1.4 trillion last year. today, this fiscal year which is not over until october, a trillion dollars more in deficit spending. forget a hammer, we took a nuclear bomb and we blew up our kids piggy banks for crying out loud. the impact long term on the economy is bad. and if you look at what is happening tomorrow the u.s. chamber of commerce is going to have a job summit figuring out how to create jobs? i thought i was clever of the white house this week to ask only the business round table which has been up to now supportive of his agenda to specifically name regulations or policies that are hampering
happen or introduce a vat or transaction tax, any kind of tax increase, at this point, is the worst thing you can do. because it will raise the deficit in the long term because it will slow the economy. sean: look at what happened today. obama s 2010 deficit, this year, 1.4 trillion last year. today, this fiscal year which is not over until october, a trillion dollars more in deficit spending. forget a hammer, we took a nuclear bomb and we blew up our kids piggy banks for crying out loud. the impact long term on the economy is bad. and if you look at what is happening tomorrow the u.s. chamber of commerce is going to have a job summit figuring out how to create jobs? i thought i was clever of the white house this week to ask only the business round table which has been up to now supportive of his agenda to specifically name regulations or policies that are hampering