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New ways to improve unemployment

Marketplace Staff Oct 6, 2009
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New ways to improve unemployment

Marketplace Staff Oct 6, 2009
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TEXT OF STORY

Bill Radke: With employment looking ugly, the Obama administration wants to create jobs. Marketplace’s John Dimsdale tells us it’s looking at tax incentives for businesses that hire and more spending on infrastructure.


John Dimsdale: The Obama economic team is considering extra money for federal highway construction as a way to create more jobs. But record deficits along with an expensive health-care reform bill means Congress will be skeptical of any more stimulus money, says Princeton professor Julian Zelizer.

Julian ZELIZER: Asking for more indicates that the first one isn’t working. That’s a politically tricky message that Obama has to deliver.

The White House is also talking about giving companies a tax credit for every new employee they hire. That idea makes Congress squeamish because of fear employers would manipulate payrolls and claim the credit without actually hiring new workers.

In Washington I’m John Dimsdale for Marketplace.

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