- Obama aides act to fix safety net, By Jackie Calmes, October 5, 2009, New York Times: “With unemployment expected to rise well into next year even as the economy slowly recovers, the Obama administration and Democratic leaders in Congress are discussing extending several safety net programs as well as proposing new tax incentives for businesses to renew hiring. President Obama’s economic team discussed a wide range of ideas at a meeting on Monday, following his Saturday radio address in which he said it would ‘explore additional options to promote job creation.’ But officials emphasized that a decision was still far off and that in any event the effort would not add up to a second economic stimulus package, only an extension of the first…”
- States offer route for jobs spending, By Gerald F. Sieb, October 6, 2009, Wall Street Journal: “The really bad news for Democrats isn’t that the unemployment rate hit 9.8% last week. The really bad news for the party in power is that the last time unemployment reached that level, it was there or higher for exactly one year. That was between July 1982 and June 1983. If you are thinking of this precedent in political terms, it is important to note that smack in the middle of that dreary stretch, the party then in control — the Republicans — lost 26 House seats in the 1982 midterm elections. Today’s downturn is even harsher, and there is some evidence that the American job-creating machine doesn’t work quite as well now as it did then, even in good times…”
Poverty-related issues in the news, from the Institute for Research on Poverty