Obama Blasts Opposition To Jobs Bill

Thursday, October 6, 2011 - 3:58pm

President says Republicans are playing politics with the economy.

Looking for dramatic ways to show he's in touch with Americans angry over the economy, President Obama said Thursday the anti-bank protests started on Wall Street help make his point that Republicans are siding with big business against the middle class.

"I think that it expresses the frustrations that American people feel," Mr. Obama said.

The demonstrations are spreading to cities across the country.

The president urged them to focus their frustration on Republicans.

They're the ones, he said, who let Wall Street run amok and opposed the bill he passed to regulate the banks.

Mr. Obama said it's those same Republicans blocking his new jobs proposal.

Senate GOP leader Mitch McConnell charged the Obama plan to pay for his jobs bill with a top bracket tax increase is political.

"Proposing a partisan tax hike 13 months before an election won't create one single job," McConnell said.

The latest tweak to the Obama jobs plan fits that theme: A tax hike only on people making a more than a million a year.

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