Briefing rundown: Can White House use jobs report to get debt limit deal done?
July 8th, 2011
12:56 PM ET

Briefing rundown: Can White House use jobs report to get debt limit deal done?

Looks like everyone got the same talking points at the White House this AM: the bad jobs report means Congress has to do more, starting with raising the debt limit. First, Chief Economic Advisor Austan Goolsbee and President Obama expressed that sentiment and now White House Press Secretary Jay Carney has essentially said the same thing.

From the briefing:

The President believes very strongly – as a vast majority of right thinking economists believe- that Congress needs, Congress needs to act and we need to act to take the measures necessary to deal with our budget deficits and to deal with our long term debt. Not, this is not a constitutional issue. And the fact is that the balanced budget amendment would be, is basically an admission by Congress that they can't do anything, right? And that's not true, as these discussions that we're engaged in right now. And it should not be true and it's a shame if people actually believe that.

The White House clearly wants the bad jobs numbers to provide a sense urgency to the debt limit talks this weekend. The problem for the president though is the same bad jobs report has given ammunition for the GOP to double down on their tax cut demands that the White House and Congressional Democrats find so unpalatable.


Topics: Briefing Bites

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soundoff (38 Responses)
  1. Craig

    Why don't the Dems ask the Republicans where the job creation they say comes from the tax breaks are? Afterall they have been in place and even extended during Obama's term and nothing. This idea that the rich will somehow provide for those who don't have is a pipe dream, it's time for the media to stop blaming the Obama presidiency for not creating the jobs the rich republican say they can only create with the wealth-builiding tax breaks only they receive.....this kind of thinking to middle-class people in the hood point of view is BS, pure and simple

    July 8, 2011 at 1:58 pm |
    • Jay in NC

      Barry extended the President Bush tax cuts for the rich. Recently he said that they should be extended for another year.

      July 8, 2011 at 8:19 pm |
      • kefa34

        Educate and inform the whole mass of the people
        they are the only sure reliance for the
        preservation of our liberty.

        July 8, 2011 at 8:35 pm |
    • kefa34

      It Is Incumbent on every generation to pay it own debts .

      July 8, 2011 at 8:23 pm |
    • cindy

      Craig– Gop has destroyed the country,and splintered off into neo-nazi type terror to our Middleclass? Your quite right, Gop/Tea does not care about the people, Corporations Only. Ya just can,t deal with "Ignorance" Plain and simple.

      July 9, 2011 at 11:24 am |
    • jean2009

      If trickle down economics, Bush era tax cuts, deregulation, subsidies for rich corporations and corporate farmers, and no child left behind policies worked. We would currently have the best educated, highest paid work force in the world, with zero unemployment. It is evident that theory only works for the rich, and doesn't work for anyone else.

      Three times in the last 100 years, this country has been subjected to the Republican mantra for their lame trickle down economic theory, better know as the Taft economic plan for the demise and enslavement of middle-class working Americans. What they actually want is two classes the rich and serfs.

      Frankly we can't afford the rich.
      The Bush tax cuts for the wealthy cost...according to one study from 2001-2006 they will cost us $2.48 trillion over the 2001-2010 period. That includes the $2.11 trillion directly lost from revenue, and the $379 billion in additional interest owed on the national debt.This brings the cost for the Bush tax cuts to twice the cost for the Affordable Health Care legislation. And fifty -two and one half percent of the Bush era tax cuts go to the wealthiest 5 percent of taxpayers.

      It is very evident that the rich have not created jobs they have only lined their pockets...at the expense of working Americans.

      July 9, 2011 at 2:03 pm |
      • Jay in NC

        OK jean, answer this. According to your own numbers the tax cut for the rich (that Barry supports) total cost of $2.48 trillion over the 2001-2010 period. That is $248 billion a year. Seeing that we now have a deficit of $1500 billion a year. How in the world does repealing the tax solve the deficit? We would still be $1252 billion short each and every year. We would need 6 x this amount each and every year.

        July 9, 2011 at 9:59 pm |
      • Mike in WA

        That 2.8 trillion figure includes this year and next year as well so it is even less then 248 billion per year. From 2001-2008 it cost 1.5 trillion. Those figures according to the Washington Post.

        July 10, 2011 at 8:50 am |
      • jean2009

        My figures are taken from the Citizens For Tax Justice studies of the Bush tax cuts; various studies done between 2001 and 2010.

        You can find CTJ reports about the cost of the Bush era tax cuts on their website, (ctj org ) plus several other tax reports.

        July 10, 2011 at 10:33 am |
      • John

        So Jean, we can't afford the rich who pay the majority of the taxes? Really?

        July 11, 2011 at 8:41 am |
      • MTATL67

        To JAY in NC – It is not just that. Include the ear marks and subsides to industries that this current Republican leadership still want to give. Corporation have to start paying their taxes. Do you remember GE paid no taxes for one year so that means an American that made $15,000 per year paid more taxes than a fortune 500 company. My God people get a tax break for flying their private jets. Does the average American fly a private jet – no. That is a favoritism to the rich. Then why the hell do a select few get a credit of something like $80K – $100K. You add all these together. Don't focus in on one item to try and make a political point. Take a look at every single loop hole tax break, subside.

        July 11, 2011 at 2:52 pm |
    • John

      The tax breaks saved or created 2 million jobs.
      See how much of an idiotic statement this is? It was idiotic when the Dems made it about the stimulas also.

      July 11, 2011 at 8:40 am |
      • James

        Where'd you get the 2 million jobs figure?

        July 11, 2011 at 11:25 am |
  2. Jay in NC

    Where are the jobs, where is the recovery? This president has failed. Time to start a recall vote.

    July 8, 2011 at 2:44 pm |
    • Nelson in NC

      Yes, it is time to recall all the Republicans who are doing their best to destroy the economy in an effort to destroy Obama.

      July 8, 2011 at 4:21 pm |
      • cindy

        Nelson, you could,nt have said it more truthfully! Thank God for sensible people!!!!

        July 9, 2011 at 11:15 am |
    • kefa34

      it has been said
      American Future Happiness will come
      when the government stop wasting
      the labors of the people under
      the pretense of taking care of them.

      July 8, 2011 at 8:29 pm |
    • cindy

      Oh, Your the kind that has crashed this country,use your red neck head???? Your the Problem,do you hate women to???

      July 9, 2011 at 11:13 am |
      • Jay in NC

        I would vote for Backmann, would you. If not is that because you are sexist?

        July 9, 2011 at 11:01 pm |
    • jean2009

      Time to recall every Republican.

      July 9, 2011 at 2:08 pm |
    • MTATL67

      Where are the jobs that Speaker Boehner and Republicans promised. This Congress has failed to pass on single bit of legislation to improve a damn thing. Where is your anger and call to recall them?

      July 11, 2011 at 2:54 pm |
  3. anonymous

    http://www.facebook.com/palm.charlotte

    July 8, 2011 at 11:50 pm |
  4. maikl

    It's Bush and ATM machine is guilty. Com on people, let's face it, Obama policy fail. Nobody talk anymore about YES WE CAN. Nobody talk about CHANGE. I want my vote back. I vote for Obama. What i got?: naive, small communist organizer. He is not president who must lead. NO,NO,NO, just kva-kva-kva,vacation and golf.

    July 9, 2011 at 5:43 pm |
    • James

      If this is so, Obama is the least communist communist in history. To my eyes he has proven himself to be no more than a "lesser of two evils" puppet for the oligarchy. The whole thing is a performance... really, all the mainstream parties ultimately serve the super-rich before anyone else, and the "struggle" is really just competing tactical ideas on how to serve the same masters: should we gradually regress or regress overnight?

      The free market scheme is a Utopian fantasy, an ideology, i.e. NOT REAL. I know saying this won't convince the people who already believe in it, not even if I start putting facts on the table. But if anyone reads this happens to be on the fence, make no mistake. Mega-corporations don't pay any income taxes at all ( http://www.reuters.com/article/2008/08/12/us-usa-taxes-corporations-idUSN1249465620080812 ), and do we see job creation come out of this? Not really, but we do see them spend a whole lot of money to move operations abroad in search of cheap labor, or replace us with machines outright! You been to a supermarket lately? Notice the robots...? Why do we delude ourselves that the top 1% would automatically use their cash to serve the Greater Good? Because Bill Gates has a charity? Obnoxious.

      They owe us a bailout! I say TAX EM!

      July 11, 2011 at 12:15 pm |
  5. Liz Carter in Georgia

    Yes, to my regret, OBAMA extended the taxcuts for ONE more year! I believe he did it because of his 'failed policy' of trying to work in unison with REPUGS! BUSH implemented taxcuts to the wealthy 10 years ago, claiming the LIE it would enhance job creation! We thought he was talking about American jobs! Folks started losing jobs, companies started folding and merging, moving overseas, contracting work out, and I think after 10 years of failed job enhancement, OBAMA'S trying to give them one more chance.

    July 9, 2011 at 10:20 pm |
    • Jay in NC

      One more chance? After, as you say, years of failure? So, in your mind it is OK that Barry gave the tax cuts one more chance but for President Bush to have done the same is a sin. Why, why is what is bad for President Bush is good for Barry?

      July 9, 2011 at 10:23 pm |
    • Mike in WA

      They tax cuts where extended for two years by Obama not one.

      July 10, 2011 at 8:55 am |
  6. Liz Carter in Georgia

    .....One more chance to do what they claimed and promised to do with the extra money anyway. I don't see how it will ever happen though, seeing as how power-hungry, selfish and greedy these people are! Obama tries to be fair with them and is just too d**mn trusting! They don't intend to be fair and try to work in compromise with THIS President on anything he sets out to do! They never did! I can't believe he seems to be so in denial about that most of the time. The GOP is focused on a sinister mission!

    July 9, 2011 at 10:43 pm |
    • Jay in NC

      Liz, thanks for the good laugh tonight. Your comment about Barry was very funny.

      July 9, 2011 at 11:04 pm |
      • jean2009

        My figures are taken from the Citizens For Tax Justice studies of the Bush tax cuts; various studies done between 2001 and 2010. Their are some updated reports for 2011, and news items on the News Unfiltered website.

        You can find CTJ reports about the cost of the Bush era tax cuts on their website, (ctj org ) plus several other tax reports.

        July 10, 2011 at 10:39 am |
  7. Liz Carter in Georgia

    You keep asking OBAMA where are the jobs, ask all of your taxcut recipients to tell you where the jobs are! They've had and enjoyed the loopholed taxcuts for years! Why weren't all of you standing up in BUSHS' chest about the so called job enhancement program? I don't remember you screaming at him 'where are the jobs'?...and he had 8 whole years to make the wealthy greedy keep His 'jobs' promise to the American people! But you clowns are quick to jump out here and blast OBAMA as a 'jobs failing' President!

    July 9, 2011 at 11:05 pm |
    • maikl

      You love Obama no matter what. I understand that. But even you not talk anymore about YES WE CAN and CHANGE. Let's face it ; Obama policy is 100% faller. You remember he state :in my first term I slash 1/2 deficit. Fail.,unemployed will be less than 8%, FAIL. Gas price double, food price double, housing in drain, war,Gitmo all fail. It's experience,stupid.

      July 10, 2011 at 12:28 pm |
  8. Liz Carter in Georgia

    @Mike in WA; I thought it was for just one year. Thanks for the correction.

    July 10, 2011 at 12:09 pm |
  9. upstateBill

    They have to STOP sending all the jobs overseas, No jobs mean no work. simple. Its all about the rich getting cheep labor at the expense of the middle class, and poor. Oh we will give them tech jobs..Not the ones that have just the minimum education. These talking heads on TV just try to excite people.. saying that raising taxes for the Wealthy will hurt the small business.. Bull Sh__. One has nothing to do with the other. The best thing for the US is get more low and middle class jobs. Make US products again..Stop rewarding the rich for sending jobs overseas to put our people out of work and on unemployment. There used to be jobs for everyone in this country but now the Overseas countries have all the jobs. What are people to do?? Move overseas to make a living, even just a meager living.
    Lets get rid of all the politicians that keep the poor down and make money for the rich.
    Socialism is very unpopular in our capitalist lands, in which the rich gain more and more wealth on the backs of the poor and Middle Class.

    Bill

    July 10, 2011 at 12:39 pm |
  10. jean2009

    Why would we want to look at a photograph on Facebook?

    July 10, 2011 at 5:35 pm |
  11. MTATL67

    The recovery would have moved along a lot faster if Republican's would not have followed the "No to everything" policy. Since this Republican Leadership has taken control of the House. Congress has not passed one single piece of legislation that has helped to move the recovery along. Corporation get tax breaks many of them DO NOT even pay taxes so they will produce jobs but they produce no jobs. There for I say no more tax breaks for Corporations until they start reinvesting in the United States. I do not understand why people are not up in arms that this Congress has not done anything to improve the speed of the recovery. I am furious at their job performance. I email Speaker Boehner and my Senator almost every other day expressing my frustration and extreme disappointment at their "No to everything policy"

    July 11, 2011 at 2:44 pm |
  12. Liz Carter in Georgia

    Jay, I blame Bush for his loopholing taxcuts for the wealthy, using yet another lie as his reasoning: to stimulate job creation?!? That didn't happen! It was just another 'if you scratch my back, I'll scratch yours' moment for them and him! It was based on a lie, just like the IRAQ trick! I said I believed out of respectful courtesy for what BUSH said he did it, OBAMA was trying to present himself with some willingness to work with them on their 'special interest' cow, in hopes they'd show SOME willingness!

    July 12, 2011 at 8:10 pm |
  13. Liz Carter in Georgia

    PRESIDENT OBAMAS' reasons for carrying over any little thing that BUSH instituted is obviously done for waaay more acceptable reasoning than the false reasons BUSH came up with to swoon a sleeping nation to go along with; and I MEAN ANYTHING! This President is in the business of straigtening out or revamping the 'status quo' established failed policies that really came to a head under the BUSH ADMINISTRATION! He isn't plotting for personal gain and political, beneficial clout! Their reasons are different!

    July 12, 2011 at 8:28 pm |