He has the city right, but the location wrong. The Occupiers (in Elizabethan times, "to occupy" was slang for "to f**k", just an interesting aside there) should be "occupying" the Hallowed Halls of Congress. THAT is were all the problems are.
I think it is both.
You have a President that has his exucitve branch doing what it can to kill the economy with the EPA, Energy Department, and the IRS.
Not to mention the the over spending of his budget, the looming taxes of the sham of Obama care that will kill off more jobs and ruin our health care. The lies were it will cut the average house holds health insurance payments by 2500 a year, last year was down to 2,000 and this year is down to 1200, by the time it is enforced it will be 3500 More not less.
The people that can create jobs are villified and reading between the lines are being told they will be taxed out of existance. If you were told this would you hire any one?
Congress is in a dead lock as the house is run by one branch and the senate the other., The President and the Senate want to play politics and try to make scape goats out of the house, the oil companies, the bankers, wall street, the Arab spring, the tidal wave in Japan, huricanes, and anythng else that they think they can blame their bad ( I wanted to say failed policies but it think the plan is for higher unemployment, a depression, and the nationalizing of industry is there ultimate goal making the radical un constitutional Czars his politburro) policies and plans. We spent 1.5 Trillion dollars in a stimulis package that was supose to keep unemployment under 7% is now at 16% by the government numbers when you count the under employed, part time, and the people that have fallen off the unemployment rolls. Everything he has said has been the opposite of what has happened
Everythihng I learned to create jobs in Economics classes is the exact opposite of what this President keeps calling for.
To create jobs, you cut taxes, you cut regulations, and you cut government spending. You create an energy policy that allows use to put people to work, (drilling, refining, and making new refineries) all will make fuel cheaper making prices lower, making goods cheaper, increasing demand for items, increasing production , increasing wages and creating new jobs.