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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: jmhollen who wrote (75475)11/23/2009 1:06:18 AM
From: Peter Dierks  Read Replies (2) of 224756
 
Weighing Jobs and Deficit
White House Is Unenthusiastic on Legislation That Would Raise Government Debt
NOVEMBER 23, 2009.

By ELIZABETH WILLIAMSON
WASHINGTON -- The White House is lukewarm about proposals by congressional Democrats to introduce broad legislation to create jobs, instead favoring targeted measures that would be less likely to inflate the deficit, administration officials said.

There is as yet no agreement within the White House or in Congress on how to try to curb the U.S. jobless rate. But the differences in opinion suggest that rifts could emerge among Democrats as they wrestle with how to beat back the highest unemployment rate in a generation.

The jobless rate, which hit 10.2% in October, has continued to climb despite the implementation of a $787 billion stimulus package in February.

Democrats' fates in 2010 midterm elections could hinge in part on the success of their efforts to curb unemployment. Recessions historically have cost ...

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