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Obama: Extending Unemployment and Payroll Tax Break Will Create More Jobs Than Keystone Pipeline

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By Doug Powers  •  December 8, 2011 04:36 PM

**Written by Doug Powers

The Labor Secretary nods in agreement.

From the Washington Examiner:

President Obama said that he will delay his vacation and keep Congress in session until the passage of his desired payroll tax cut and unemployment benefits extension — two proposals that Obama said would create more jobs than the Keystone XL pipeline that his administration recently delayed.
[…]
As Obama called for passage of those bills, he also responded to a recent Republican push to require him to approve the construction of the Keystone XL pipeline from Canada. “However many jobs might be generated by a Keystone pipeline,” he said, “they’re going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance.”

Look for the White House to propose a compromise that would be acceptable to both labor unions and environmentalists while creating more jobs than anybody can possibly imagine: The construction of a 1,600 mile pipeline through which would flow economy-boosting unemployment checks.

**Written by Doug Powers

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Categories: Barack Obama, Health care, New York Times, Paul Krugman