jobs

Congressman Marsha Blackburn of Tennessee says the economic plan being touted across the country by President Barack Obama is completely unworkable.

“The president obviously does not understand the economy,” Blackburn told “The Steve Malzberg Show” on Newsmax TV.

“He continues to talk about we need government investment, but you notice he doesn’t talk about growth in the economy because he doesn’t understand what gives you that growth.”

In a speech at Knox College in Illinois on Thursday, Obama called on the nation “to make the investments necessary to promote long-term growth and shared prosperity.”

Blackburn said while the commander-in-chief continues to talk about investment and stimulus by the government, “it doesn’t work … We’re five years into this, we are at 7.6 percent unemployment.

“Instead of looking for another job you’ve got a lot of 60-year-olds that lost their job and now they’re just going ahead and they’re retiring.