Labor Day Promise By Barack Obama

By Arnab Ghosh, Gaea News Network
Saturday, September 4, 2010

WASHINGTON (GaeaTimes.com)- The president of USA Barack Obama made a statement on the eve of labor day and said that his policies have helped in restoring the US economy. He said in his speech that it is time to help out the middle class and the residents of USA would have to share the responsibility. The president started his address by saying that the country is indeed going through a tough time. He had to do a balancing act. On Monday the president is slated to go to Milwaukee for attending a Labor Day event. In his weekly speech the president said that the new economic policies will include tax concession meant for the middle class.

The president reiterated that he is committed to take measures that boost the economy and decrease the burden on the mass. He made it a point to mention that this Labor Day will indicate a positive change for the economy of the nation. According to him, his administration will take steps to ensure that layoffs do not take place and small business owners get relief from taxes. Next week the president will unveil plans to accelerate job growth in the USA. He said that he is trying hard to enact a law that will bring bounty for hose people who are responsible for creating jobs.

The GOP members as usual tried to interpret the speech given by the President on the eve of the Labor Day as irrational. They said that the Democrat policies have not done enough to revive the economy. Geoff Davis of Kentucky was among the most vocal republicans.

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