The Takeaway kicks off a new series today where we talk with voters from each of the key electoral states to see what the political and economic situation feels like on the ground. We begin in Pennsylvania, where President Obama will be spending the day Wednesday discussing his jobs bill, and garnering the support of his base at the same time. Joining the roundtable discussion are Walt Rowen, owner of Susquehanna Glass Company in Columbia, PA, Randy Robertson, owner and president Triple R. Guitar in Lemoyne, PA and Jackie Magaro, owner and operator of Mr. Sandman, a residential restoration service company.
All week long we're talking with some of our favorite guests from the past year about the year that was, and what they foresee in the year ahead. Today, we discuss the economy. According to some financial reporters and analysts, the economy is on a slow, gradual upswing. But is this upswing something non-analysts are feeling?
The small business bill championed by President Obama and Democratic legislators is — after months of languishing in the Senate — moving through Congress. Expected to be easily passed by the House, the aid package includes $12 billion in tax breaks as well as $30 billion in government-backed loans for small businesses. Proponents estimate it may create as many as 500,000 jobs.
Yesterday, the President unveiled an ambitious plan to spur jobs, cut the national deficit and re-shape the foundations of the American economy.
Managaging Director of the Economic Cycle Research Institute Lakshman Achuthan joins us to analyze some of the plans Obama outlined in his speech. We also bring in two small business owners who hope to benefit from the initiatives. Dawn P. Jackson (owner of NuDawn Marketing Group in Maryland) and Walt Rowen (owner of Susquehanna Glass Company in Columbia, PA) discuss how their businesses would be affected by the proposed stimulus package.
November is the time of year when most workers can elect to change their participation in the health care coverage offered by their employer. As health care costs continue to rise, it's a decision that's more important than ever before.
We talk with two small business owners, Marva Allen, co-owner of Hue Man Bookstore in Harlem; and Walt Rowen, owner of Susquehanna Glass in Columbia, Pa., about how their employees are getting squeezed by changes beyond their control in the plans that they offer. We also talk with Takeaway contributor Beth Kobliner for advice on what people should consider when getting a plan at work.