Obama To Preview Jobs Speech In Detroit

President Obama will spend part of this Labor Day in Detroit delivering a speech outlining his proposals to create new jobs. Mr. Obama also needs to shore-up support among union leaders whose help he’ll need in the 2012 presidential election. In the wake of the worst jobs report in a year, President Obama will give a crowd in the General Motors headquarters parking lot a preview of the job-creation initiatives he’ll present later in the week to Congress. That includes extending the current payroll tax cut and unemployment benefits. He’ll also need to mend fences with union leaders unhappy about trade deals proposed by the Obama Administration and the lack of a Presidential push to increase the minimum wage. Unions also want far more federal funding for infrastructure projects than the President is likely to offer. There’s one thing no one’s complaining about – the choice of Detroit legend Aretha Franklin as the opening act for the speech.