The next president on job creation

Posted: November 01, 2012

HERE'S A LOOK at where the two presidential candidates stand on job creation:

PRESIDENT OBAMA: Wants to spend $75 billion to build roads, bridges and schools, which would create construction jobs, and another $35 billion for states to keep teachers, police and firefighters employed. He would create a $4,000 tax credit for companies that hire workers who have been unemployed for at least six months, and would invest $2 billion in community colleges while seeking to create partnerships between the colleges and employers to train 2 million workers.

MITT ROMNEY: Says that he will create economic growth by relaxing taxes and regulation. His promises include cutting income taxes for everyone by 20 percent and cutting corporate taxes. He also would repeal Obama's health-care plan and other federal financial regulations. He says that he will change job-retraining programs to make sure that job seekers partner with companies for training.


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