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WASHINGTON – Republicans sparred with President Barack Obamain their Saturday media addresses over proposals to create jobs, further evidence of the difficulty of bipartisan solutions to the nation’s pressing problems.

Obama pushed Congress to use $30 billion that had been set aside to bail out Wall Street to start a new program that provides loans to small businesses, which the White House calls the engine for job growth. Republicans, meanwhile, taunted Obama with a familiar refrain: Where are the jobs the president promised in exchange for the billions of dollars already spent?

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The barb came a day after the government reported an unexpected decline in the unemployment rate, from 10 percent to 9.7 percent. It was the first drop in seven months but offered little consolation for the 8.4 million jobs that have vanished since the recession began.

WATCH Obama’s Weekly Address:

“Even though our economy is growing again, these are still tough timesfor America,” Obama said. “Too many businesses are still shuttered. Too many families can’t make ends meet. And while yesterday, we learned that the unemployment rate has dropped below 10 percent for the first time since summer, it is still unacceptably high — and too many Americans still can’t find work.”

RELATED: Obama Planning December Job Creation Summit

To help the recovery, Obama asked Congress to use leftover money from the Troubled Asset Relief Program, or TARP, to provide to small banks so they can make more loans to small businesses. Republicans have criticized the move, arguing any money leftover from the bailout should be used to reduce the budget deficit.

In the weekly GOP address, Rep. Jeb Hensarling of Texas chided Obama for proposing a 2011 budget last week that would increase spending, taxes and the national debt.

“Americans are still asking, ‘where are the jobs?’ but all they are getting from Washington is more spending, more taxes, more debt and more bailouts,” Hensarling said.

The Republican attack came even as key Democrats and Republicans in the Senate are working on a bipartisan jobs bill. The senators hope to unveil legislation as early as Monday that would provide tax breaks to businesses that hire unemployed workers, extend unemployment payments for those whose benefits have run out, and renew a program that offers the jobless a subsidy for health insurance premiums.

Senate passage of a bipartisan jobs bill would mark an important political victory for Obama. But Saturday’s radio and Internet addresses showed that bipartisanship won’t be easy.

RELATED: Obama: Jobs Report Is “Modestly Encouraging”

The White House has repeatedly argued that the $787 billion economic stimulus package enacted in February helped save the economy from complete collapse. On Friday, Treasury Secretary Timothy Geithner told ABC News there is a much lower risk of a double-dip recession “than at any time over the last 12 months or so.”

Hensarling, however, said the stimulus package and the growing government debt have added to the country’s economic problems.

“Democrats chose to go it alone and jam through their stimulus,” Hensarling said. “What did the American people get? A bill for $1.2 trillion and 3 million more jobs lost.”

Tags: Barack Obama, GOP, Job Creation, Recession 2009, Republicans, Unemployment
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  • http://www.blackplanet.com/Monte_Brown/ Monte_Brown

    The government can’t create jobs. It is up to the private sector. As we can see, the private sector is retaliating against minorities. Black unemployment is at 16 percent nationwide. The private sector don’t like that Obama is president. They will get rid of black people and spend a lot of money lobbying for the Republicans instead of creating jobs and supporting policies of compassion.

    All I have to say is that black people made a bonehead decision with their choice for Obama. The private sector is in retaliation mode. Black people are always disproportionately effected by everything negative in this country and as I said before, putting a black face in the white house won’t change that. The only way we will see change is through nationalism, solidarity and socialism. We must put our people first, separate from those who hate us and try to hide it, and create policies in this world that will accelerate prosperity. We need to “speed up that day” and the only way we will achieve it is through BLACK NATIONALISM in the world.

    Obama don’t give a rat’s ass about black people. He is too busy letting the Jews string him up like a marionette.

    Unity and social democratic policies in sub-Saharan Africa will create change and speed up progress. When black people are more concerned with keeping each other healthy we will be healthy. WE CAN’T RELY ON WHITE PEOPLE FOR ANYTHING AND WE SHOULD SEEK POLICIES FOR OUR PEOPLE THAT WILL MAKE IT SO THAT WE DON’T HAVE TO ASK WHITE PEOPLE FOR ANYTHING. We should be telling white people to get out of our f**king faces. We must strengthen our people and it will only come by unity and solidarity. Adolf Hitler was a hero to white people because he made them love who they were. Black people need an Adolf Hitler. When we love who we are we will keep each other alive. We will value life and good health. We will understand that the more we integrate the worse off we become and the lower will be our life expectancy. Before the white man arrived on the mother land all was well. We must fight for black power in the world. We are 1.8 billion strong on planet earth but are dying at 2.8 million per year. We must stop that. The day will come when we decide that we love ourselves.

  • http://www.blackplanet.com/mr219/ mr219

    president Obama needs to realize the republicans are playing him they could care less about poor people and jobs. the game they play is like the one we used to pull in the bar. lead the ugly girl on, sneak her a beer,then at closing ,sneak her out and disavow any knowledge of the act. he should have learned from that witch looking olympia snow she was just playing along for the attention cause god knows she dont get none of any kind anywhere else.so inclosing bipartisianship is just another word for giving in to the big money bastards who rule this damn country.

  • http://newsone.com/nation/associated-press/senate-passes-jobs-bill-sends-it-to-obama-for-signature/ Senate Passes Jobs Bill, Sends It To Obama For Signature | News One

    [...] RELATED: Obama, GOP Sparring Over Job Creation Programs [...]

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