Friday, January 30, 2009

Obama's Middle Class Task Force | By Your Payday Loan Source

“This isn’t just an economic concept”

WASHINGTON - JANUARY 22:  In this handout prov...

Like a payday loan, it’s something tangible.

The L.A. Times‘ Mark Silva reports that President Obama has ordered the creation of a “White House Task Force on Middle Class Working Families” and legislation that will strengthen labor unions. Vice President Biden will be in charge of the task force. This comes none too soon, as America’s gross domestic product sank 3.8 percent in the final quarter of 2008. “This is a continuing disaster for America’s families,” said the President. Mr. Obama’s definition of “middle class” also includes those who aspire to be a part of th! e middle class.

Closely related to the $800-billion-plus economic stimulus plan, Mr. Obama’s task force for the middle class will help to combat the growing joblessness that he describes as “the American dream in reverse.” The goal of the task force will be to rebuild roads and schools, double the country’s alternative (”green”) energy production and update the healthcare industry. All of these venture will create jobs “for years to come.” Hopefully, the President will not cap faxless payday loans at 36 percent annually, because that would take away jobs for years to come. ... click here to read the rest of the article titled "Obama's Middle Class Task Force | By Your Payday Loan Source"

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