Added: Jan 23, 2012
From: BarackObamadotcom
Duration: 0:16
Get the facts: https://my.barackobama.com/jobsgraphadAfter taking office, President Obama signed the Recovery Act to help get our economy back on track. As a result:-The U.S. has seen 22 consecutive months of private-sector job growth.-The private sector added more than 3.1 million jobs over those 22 months,.-Manufacturing added 334,000 jobs in the last two years, the first time since 1997 that manufacturing employment rose.-The President passed legislation to create jobs and supporting working Americans, including:-A payroll tax cut for all working families, providing the average working family with a $1,000 tax cut in 2011.-Expansion of small business loan programs to help small business access credit and create jobs.-Initiatives to help veterans transition to post-service careers.-Tax incentives for businesses that hire unemployed veterans.The President's decision to provide emergency loans to the auto industry:-Saved more than 1.4 million American jobs.-Prevented personal income losses over two years of more than $96 billion.-Helped make the big three (Chrysler, GM, and Ford) all profitable for the first time in years.
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