A Jobs Speech about No Jobs

alaphiah · Sep 8, 2011

When Mr. Obama entered office; he told us unemployment would not rise over 8% if we passed his stimulus. Now his economic advisers have just told us that unemployment will not fall below the 9% mark through next year. As if to underscore the grim news, the latest jobs reportreleased in time for Labor Day weekendshows zero net job growth for August. -- WILLIAM MCGURN

After 2 ½ years of spending over a trillion dollars of taxpayers money on road, bridge and bailout projects and after spending seven million dollars of taxpayers money on road signs tomorrow night the president will ask Congress for another stimulus package for 300 Billion dollars more spending on road and bridge projects.

This will be the most ridiculous speech of this presidents short career. It is an obvious campaign effort to show Independents that he is at least trying to create jobs thereby,suggesting that he is deserving of their vote in 2012. But, it won't work. Unless of course Independents are weak minded and susceptible to Democrat Jedi mind tricks. And I dont think they are. Everything that the president will propose tonight he has already proposed and it has already failed. (see2:46min video) Read more...Creating Orwellian Worldview

waltky · Sep 8, 2011

Obama gonna fix it...

Obama unveils $447B jobs package
8 Sept.`11 WASHINGTON President Obama urged Congress Thursday night to pass a surprisingly big, $447 billion jobs package that's intended to spur business hiring and consumer spending in an economy that has sputtered almost to a halt.

The package, more than half the size of Obama's $825 billion economic stimulus plan passed in February 2009, would slash payroll taxes by 50% next year for employees and small businesses, extend unemployment benefits, and create or save jobs for teachers, police and firefighters, and construction workers. "You should pass this jobs plan right away," Obama defiantly told joint session of Congress filled with enthusiastic Democrats and skeptical Republicans. "There should be nothing controversial about this piece of legislation. Everything in here is the kind of proposal that's been supported by both Democrats and Republicans, including many who sit here tonight. And everything in this bill will be paid for."

The president didn't say how he would pay for his proposals but promised to do so a week from Monday, when he submits a deficit-reduction plan to a congressional committee charged with cutting red ink by at least $1.2 trillion over 10 years. Obama will add at least $447 billion more to the task. The jobs plan includes these main elements:

Cutting the 6.2% payroll tax paid by both employees and employers to 3.1% next year. This year, only employees got a 2-percentage-point cut. That would cost $240 billion, more than half of the total package.

Spending $140 billion to save the jobs of state and local teachers and first responders, repair deteriorating schools and rebuild roads, railways and airports.

Extending jobless benefits to the unemployed, with special emphasis on those out of work at least six months and those in low-income neighborhoods.

MORE
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See also:

Politicians can't fix jobs crisis - but companies can
September 8, 2011: Who can solve the jobs problem? Not Republican presidential hopefuls Mitt Romney and Rick Perry or President Obama. Only Corporate America can.

President Obama can't fix the jobs problem. Neither can Rick Perry, Mitt Romney, Michele Bachmann or any of the other Republicans who want Obama's job. So while I'll be eagerly listening to Obama's jobs speech tonight, I'm not getting my hopes up for any plan that will meaningfully add to the nation's payrolls and bring down the unemployment rate. How can Washington afford to do something really significant? The federal government is strapped for cash. Ditto for state and local municipalities. And the consumer.

But do you know who is in good fiscal shape? Many large businesses. It's really up to the companies that actually have cash on hand to finally start hiring more. Or to paraphrase ursine fire safety expert Smokey: Only you can prevent a double-dip recession, Corporate America. Only you. Don't get me wrong. The president, Congress, the Federal Reserve and others in Washington aren't exactly powerless. They can and should try something to help get the economy back on track. But businesses -- not government agencies -- are the true engine of job creation.

Mike Lee, a Republican senator from Utah, said he is reserving judgment on Obama's plan until after he hears the speech tonight. He would prefer, however, if Washington stepped back and let the private market sort out the jobs problem. "If you continue to look to government stimulus spending as the preferred alternative to get the economy going again, you are setting yourself up for disappointment," said Lee, who is also the author of the book "The Freedom Agenda." "If it was reasonable to expect that stimulus could work, you'd see the economy already moving places."

That's a fair argument. But an equally fair retort is that without the previous rounds of stimulus, the economy would now be in worse shape. Still, it's frustrating to see businesses continue to blame Washington for the weak economy. Even if lawmakers relaxed certain federal rules and did more to promote American-made goods, how much would that really help? "I'm sympathetic to calls for regulatory relief and foreign trade deals. But the impact from that would be relatively minor and won't help in the short-term," said Bill Conerly, an economist in Portland, Ore., and senior fellow for the National Center for Policy Analysis think tank.

Focus on technology
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starbow · Sep 8, 2011

I'm still waiting for :

my free gasoline he promised

ickypop · Sep 8, 2011

Everything about Obama from his upbringing to now has all be one big joke, we get it. Now is anybody going to offer any solutions to solve the problems America faces? I certainly am not, I did not sign up for the job.

Margot · Sep 8, 2011

alaphiah said: ↑

When Mr. Obama entered office; he told us unemployment would not rise over 8% if we passed his stimulus. Now his economic advisers have just told us that unemployment will not fall below the 9% mark through next year. As if to underscore the grim news, the latest jobs reportreleased in time for Labor Day weekendshows zero net job growth for August. -- WILLIAM MCGURN

After 2 ½ years of spending over a trillion dollars of taxpayers money on road, bridge and bailout projects and after spending seven million dollars of taxpayers money on road signs tomorrow night the president will ask Congress for another stimulus package for 300 Billion dollars more spending on road and bridge projects.

This will be the most ridiculous speech of this presidents short career. It is an obvious campaign effort to show Independents that he is at least trying to create jobs thereby,suggesting that he is deserving of their vote in 2012. But, it won't work. Unless of course Independents are weak minded and susceptible to Democrat Jedi mind tricks. And I dont think they are. Everything that the president will propose tonight he has already proposed and it has already failed. (see2:46min video) Read more...Creating Orwellian Worldview
Click to expand...

Are you still looking over your shoulder? Obama stopped the bleeding, bailed out some major institutions and now had a comprehensive jobs plan.

Do you hate him enough to sabotage the future for petty partisanship?

http://www.youtube.com/watch?feature=player_detailpage&v=DbT9FZAlWF8

E_Pluribus_Venom · Sep 8, 2011

alaphiah said: ↑

When Mr. Obama entered office; he told us unemployment would not rise over 8% if we passed his stimulus.
Click to expand...

Mostly false.

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A Jobs Speech about No Jobs

alaphiah New Member

waltky Well-Known Member

starbow New Member Past Donor

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Margot Account closed, not banned

E_Pluribus_Venom Well-Known Member

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A Jobs Speech about No Jobs

alaphiah New Member

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E_Pluribus_Venom Well-Known Member

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