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Obama vs. Romney on Jobs

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  • Description

    FBN’s Lou Dobbs on Obama’s jobs plan and how it compares to Romney’s plan.

  • Duration 4:35
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This transcript is automatically generated

Last four years has seen incomes that America declined every year for middle income families now down 4300.

Dollars during the term.

23 million Americans still struggling to find a good job you sit by now we'd be at five point 4% unemployment.

We're nine million job short of that.

-- -- Enough foreign policy debate you can't escape the main concern for most Americans.

Jobs we are my engine that's why just with just two weeks before the election.

The president is now -- on the campaign trail today he's he's brandishing his.

His brand spanking new I got to show you this.

Second term plant if -- that he -- won eleven out too since where he waited till two weeks before -- that's what this thing is something.

Now this is not the official this is that.

This is the copy of it.

Here we got -- -- we've.

We decided to.

Spend a little money on paper but here it is blueprint for America's future.

If you don't wanna read through this entire this is twenty all pages long -- now I will admit there are some pictures still the most -- but -- -- repaid.

I mean this is quite a document when you think about it.

This -- what's been elected reelected for another four years if you've got this thing out of -- pages most of its pictures.

Will go through these new proposals here tonight for you I'm gonna -- -- -- gonna take a lot of time.

Let me write down under this plan for jobs how many brand new proposals their are.

The Obama plan.

There are.

And -- reduced through this very carefully.

Zero.

And in new proposals.

In the president's plan so you can pass this on as they say -- the Obama for America.

Organization the president explains how -- use half the savings by the way he does do that.

Of from winding down the wars in Iraq and Afghanistan now that's going to amount to about 800.

And fifty.

Billion dollars.

And that's that's a lot of money but somebody.

That OMB some more somebody.

-- but the White House itself.

Forgot something is they've talked about investing the money and domestic infrastructure and creating jobs.

To those folks forgot that we have a one point one trillion dollar deficit.

One point one trillion dollar deficit.

And that has to be paid.

Straight away these wars have been -- for.

These wars have been well paid for with borrowed money from China and other and I spoke.

And if you're wondering about the Romney -- -- he released his.

Plan 432.

Days.

-- for -- -- 432 days.

Now I will all say this.

It was 59 points.

But that's been convinced.

The five so that even.

Even -- just normal voters in understood and what the governor have -- -- The governor focuses in that plan on getting back good paying jobs.

Because good paying jobs in the in the mind of the governor at least for hardworking Americans are the foundation of the American dream and our middle class.

So the idea of dismissing.

Those jobs is not a good idea.

Jobs that have been denied to millions of Americans 23 million Americans as a matter of fact.

And a recent study from the national employment law project found.

About 60%.

60%.

Of the jobs created.

Under the Obama administration since the start of the Great Recession.

60% of them are low wage.

Low wage jobs 60%.

Only 22% have been so called mid wage jobs.

Not.

That's interesting to compare this to jobs that have been created.

What about the jobs that were lost.

It's the exact opposite picture.

60% of the jobs lost during the same period -- mid wage jobs.

60%.

And it tells -- the direction that this recovery has been going since July of 2009.

These low wage jobs are exploding and it's no wonder that in battleground blue collar states.

Governor Romney right now.

Seems to be --

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