“We can’t wait” is the new mantra unveiled by the White House yesterday making it clear that the president is ready to use his executive authority wherever he can to make up for congressional dysfunction or better known as the GOP playing politics. The tipping point came last week when the president put a $35 bio provision into a new smaller version of his American Jobs Act that would have kept 400,000 teachers cops and firefighters on the job but the Senate once again – surprise, surprise – rejected it. So realizing that the GOP has no intentions of passing his jobs plan – in any way, shape, or form – the White House rolled out a new agenda to address the economic woes of millions of American families without getting lawmaker’s approval.
The series of executive authority steps aimed at jumpstarting the economy will begin with a mortgage refinancing program that will make it easier for homeowners to rework their mortgages to make them more affordable and avoid forclosure.The initiative will relax eligibility standards, so that those who are 25% or more underwater on their mortgages to take advantage of loans with lower interest rates. The president will also announce an executive action later this week to help students better manage their student loan payments.
The American people overwhelmingly (75%) approve of the president’s American Jobs Act and would support the president’s use of executive authority to address the economic woes of the country and put millions of Americans back to work. Plenty of presidents have used the executive order in the past. Executive Orders have been used by every chief executive since the time of George Washington including important policy changes. Harry Truman integrated the armed forces under Executive Order. President Eisenhower used an Executive Order to desegregate schools. Presidents Kennedy and Johnson used them to bar racial discrimination in federal housing, hiring, and contracting. President Reagan used an Executive Order to bar the use of federal funds for advocating abortion. President Clinton reversed this order when he came into office.
President Obama realizes he’s faced with a dysfunctional Congress because of a GOP that has refused to support him on anything, hence he is right “we can’t wait”. The president is faced with a GOP that is only concerned with getting rid of him and recapturing the White House, hence “we can’t wait”. The GOP doesn’t care about the country’s economy, job situation, or problems that will arise if cities keep laying off cops and firemen, hence “we can’t wait”. Moreover, the millions of Americans out of work and the millions of families struggling “can’t wait”. The millions of unemployed Americans who can go back to work on infrastructure projects under the president’s jobs act “can’t wait”. Americans who are about to have their home foreclosed on “can’t wait”. Young Americans who are overwhelmed in a growing debt bubble because of the ballooning fees for college/student loans “can’t wait”. Businesses that will receive tax credits for hiring unemployed veterans “can’t wait”.
Next week a new piece-meal bill will be presented in the Senate for infrastructure jobs – an inititative that in the past used to be a bi-partisan no- brainer- but which the GOP will no doubt turn down. So to boost this economy, the president must use his executive authority to authorize piece-meal versions of the American Jobs Act bill each time the GOP says no.
The president and the country “can’t wait” for a Republican Party to put politics aside and put country before party. Time and time again their only solution to everything are more tax cuts for the top 1% and then letting the banks run wild again with more “deregulation”. We saw that movie under the Bush Administration and it didn’t work. It is unforgivable and unacceptable that in the midst of our worst economic recession since the Great Depression you have a Republican Party just doesn’t give a hoot about the economy or putting Americans back to work. The Republican Party has become a national disgrace.