|President Barack Obama|
NEW YORK ( TheStreet) -- President Barack Obama spoke Thursday about his American Jobs Act and challenged Republicans for opposing the measures they've always supported. Obama said that a lot of the problems that Americans face today predate the financial crisis and acknowledged he has used up a lot of political capital trying to get people back to work.
"My expectation and hope is that everyone will support this jobs bill," Obama said. The president also challenged Republican criticisms of his proposed legislation. "Go ask the Republicans what their jobs plan is... and have it scored, have it assessed by the same independent economists who assessed our jobs plan," Obama said. "I see some smirks in the audience here because you know it's not going to be real robust." The president also discussed the "Occupy Wall Street" protests, saying he felt the demonstrations showed Americans are frustrated and that the movement had given a voice to more broad-based frustration about how the country's financial system works. Obama used the speech to reiterate that independent analysts have said that his jobs bill could grow the economy by an additional 2.1% -- Written by Joe Deaux in New York. >To submit a news tip, send an email to: firstname.lastname@example.org