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Creating Jobs: Where We Go From Here

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    Weekly Standard senior writer Stephen Hayes talks jobs, tax cuts and what President Obama’s next steps should be.

  • Duration 4:50
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Peers joining us now Steven Hayes with the weekly standard's Stephen.

This is this is going to be one of those problems about how was the president going to be able to.

-- so many of these complaints we hear over and over again from small business especially about regulation taxes and insurance.

Absolutely and I can't tell you how many -- I've heard stories like -- -- -- -- -- traveling around the country meeting with people back in my home state of Wisconsin.

Throughout the midwest throughout the country this is what -- hear again and again and again small business owners.

In particular I think the president's in a tough spot how can He come up with a plan.

To do what he's been unable to do for two and a half years with the the kind of expansionist government role that he's advocated.

He's in a very -- bodies making tough political argument.

And I think the economics of his proposal are not likely to solve any problem yeah and the the other issue just setting it alone -- -- commenting on this earlier about the fact that.

You know this is going to be this isn't going to be from the of the Roosevelt room this is going to be a joint session of congress and you expect with that setting.

This is got to be big this can't be just your run of the mill -- speech.

You know I I think it will be bigger -- know that there are a lot of people who have sort of come from the same.

Philosophical.

Point of view that I do you think its gonna be small -- just all recycled stuff but we're likely to see some of that -- see -- talk about infrastructure spending.

Talk about -- Green jobs although I'm sure he's not going to call them Green jobs.

Anymore so we will see some of the kinds of things that the president has advocated in the past but I think he's gonna do is try to do something big I think he's going to -- To to propose something.

Probably something that he's taken from a past Republican proposal.

That puts Republicans in congress on the defensive or attempts to something like you know maybe marginal.

Tax cuts for.

The middle class of maybe corporate tax rate.

Reductions in a significant -- maybe -- suspension of capital gains taxes those kinds of things that Republicans have pushed in the past.

Because let's based on I mean this is not a this is not a speak with a president expects Republicans to run and and embrace.

His proposals and then to pass out of congress this is a campaign speech what he's trying to do is make Republicans look like the villain.

When not if when they oppose what he's he's about to lay -- -- and that's the yield of a question is you and your colleagues in Washington.

Analyze all the movements there.

It's the independence that He has to do.

Talk to right.

I think he's got to do both I mean this is why I think it's we're likely to see him do some of the kinds of things that he's.

Down in the past you know particularly with with Green jobs or money it is special interest democratic special interest groups to appease his.

His liberal base but at the same time do something big some kind of a bold gesture so that He can go to independence it's a C I've proposed these.

These measures that would allow us to get back on our feet in terms of reducing unemployment.

And these nasty Republicans blocked them they are anti jobs Republicans.

-- the other part about it which is the buzz has been building and it is starting to get more more publicity is the president is going to at least -- to run.

Against congress -- because you know the work the numbers I mean.

His ratings have been falling -- what Gallup had him at 38% approval.

But congress is down into the low teens so I mean it really easy to have the -- these guys.

Are the problem over here death.

That's is that connected to be the message as well is that I'm I feel I've done about everything I can't it's these people -- the fall.

I think I -- I mean I think you're exactly right about what he's likely to do it's hard for me to imagine that being a successful strategy because if you look at the history doesn't work.

Remember this is a president who ran it particularly in the last six weeks of the 2008 campaign.

As the guy who could fix George W.

Bush is broken economy so it's not like He was surprised.

When He came into office and it suddenly economy was bad.

That's what He ran on -- if you look at exit pulling back from the 2000 election that's why voters elected him.

So they elected him to do -- job He did He was able to enact basically what He proposed on the campaign trail in the form of his nearly one trillion dollar stimulus plan.

It's simply hasn't worked so that things that the president campaigned on the things that He was elected to do and that things that He had has done.

Have not worked this is the definition.

A policy failure from the present the United States he's got no alternative He can't say well look at what my stimulus that he's got to make the other the other team of the bad guys.

Look at -- all this is wonderful uninteresting.

Gonna come down to what are the what's the job scene.

Come late next year over ready to go back and go to the voting -- the Stephen Hayes weekly standard sheet senior writer Fox's contributor thank you Steve and it's always thank you very anytime.