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World markets  |  September 06, 2010 12:23:01

Macro: Obama considering new stimulus package


U.S. President Barack Obama said Friday that it plans to submit another stimulus package that would support employment. Coming autumn elections, and he still failed to start sustainable growth and therefore faced criticism. Democrats are worried that they may lose in November, a number of seats.

In his speech in the Rose Garden immediately after the publication of the August data Ministry of Labour was said that the need for further growth promotion. Private sector employment in August generated 67 000 new jobs and the result exceeded expectations, positively developed and backward data revisions. The public sector is again set aside 121 thousand jobs and employment because of non-agricultural sector fell by 54 thousand.The number of unemployed has increased significantly in August and the unemployment rate rose by 0.1% to 9.6%.

Obama wants to promote the extension of tax relief for businesses and individuals and targeted investment in the economy. His thoughts probably raised this week in a speech on the economy in Ohio. The new cost measures can not be expected due to the huge budget deficit. Democratic leaders are considering low cost loans to small and medium-sized enterprises and permanent tax relief if they take the new employee.

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Makro: Obama zvažuje nový stimulační balíček

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