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Job Growth to Be a Focus of the State of the Union?

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  • Description

    FBN’s Peter Barnes previews the President’s State of the Union speech.

  • Duration 2:06
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With the market looking so much stronger than four years ago no doubt President Obama could very well lean on that tonight is just under six hours from now.

He will lay out its plans for the second term in tonight's State of the Union Address but he is expected to focus.

Not on the markets but on the economy.

And I guess Peter Barnes that nagging repetitive question of stronger job creation.

That's right Liz while the -- may be getting close to its all time highs again the unemployment rate is nowhere close to its all time low it's still stuck around 8%.

As you know and as a result the president.

There's gonna focus on the economy and jobs tonight pivot to that from kind of the social issues that he talked about.

In his inaugural address now his aides say though that that the blueprint that the outlines tonight for.

Trying to improve the economy in trying to create more jobs is gonna sound.

Pretty familiar take a -- The passport can only happen in a bipartisan way.

We're neither side insists on giving a 100%.

What that really means is that we are gonna have to do the harder things which is to have entitlement savings but we also can't expect -- some Republicans -- like.

That we're gonna do all -- feature deficit reduction on Medicare Medicaid education and that we can't find even a penny.

Of revenue from tax reform to help lower the deficit.

Now on the president's commitment to cutting spending house speaker Boehner told reporters today quote I don't think he has the guts to do it.

He doesn't have the courage to take on the liberal side of his own party.

Never has and -- it let -- wanna point out that they -- -- the First Lady has gas up in the gallery there.

When she's live when they come to the state of the -- -- address among them the White House confirms will be Tim Cook the CEO of apple let's.

Apple -- he had a big day at the Goldman Sachs tech conference saying that it was a silly side show that investors want them to move some of that cash pile back into shareholders' hands.

-- will be watching for that thank you Peter Barnes at the White House keep.

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