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Subscribe to RSSPresident Obama traveled to Toledo, Ohio, on Friday, amid a disappointing jobs report, to highlight what his administration sees as one area of success: the rescue of the American auto industry.
Obama's visit to a Chrysler factory in this important battleground state comes on a day the U.S. Bureau of Labor Statistics announced the nation's unemployment rate ticked up to 9.1 percent in May, with the economy adding a lower-than-expected 54,000 jobs. The president made no mention of the job figures in his 20-minute speech, even as he acknowledged that despite having made great strides, the economy still faced "strong headwinds" from high gas prices to economic disruptions following tragedy in japan to instability in the Middle East that creates uncertainty.
"Even though the economy is growing, even though it's created more than two million jobs over the past 15 months, we still face some tough times; we still face some challenges," the president said. "There are always going to be bumps on the road to recovery."
The state of the economy, a topic at the top of voters' minds, is sure to play a key role in the next election and Obama has been eager to show Americans that growing jobs is at the top of his agenda.
The White House has hailed the unpopular government bailout of the auto industry as a resounding success and sough to shine a spotlight on news that Chrysler has repaid $10.6 billion in government loans six years ahead of schedule and that Italian carmaker Fiat has agreed the Treasury Department's stake in the company.
Noting the auto industry overall had added 113,000 jobs over the last two years -- after losing some 400,000 jobs in the year before he took office -- the president listed other signs of strength among American automakers.
"I placed my bet on you. I put my faith in the American worker," he said. "Today all three automakers are turning a profit -- that hasn't happened since 2004. Today all three American automakers are gaining market share - that hasn't happened since 1995."
Republicans wasted no time in blaming the president and his policies on the unemployment numbers, with Speaker John Boehner (R-OH) telling reporters this morning that "the overtaxing, overregulating and overspending that is going on in Washington is creating uncertainty" and keeping job creators on the sidelines.
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If obama would stop running his mouth so much and start Leading . there wouldnt be that much wind..
Nice. Coming from a wind bag who wouldn't know class or leadership if it slapped him in the face. Please consider your face connected to my palm for disrepecting OUR hard-working, thoughtful, deliberative and wise President.
Don't let your head spin off trying to defend such disgrace. You must be one of those folks who pray for others to fail;thinking you have God on your side or some other such malarky.
You couldn't stand in Barack Obama's shoes. You wouldn't have the charachter to take what he has taken over the last 2.5 years. Yet he still holds his head high, keep his cards close to his chest and stands meters above the fray. He is working for all of us and you sit there typing out this drivel.
Get a life!
X
Miss Missy,
Sir Golfsalot?
Actually we pray America survives Obama and can return to the great country it was, were there wasn't 9% unemployment year after year, where there wasn't a war on business, war on energy .....
Yep ....... couldn't deal with all the leg humpers.
You mean nose?
.... while he takes a poll and tries to figure out what to do.
Actually, if he isn't playing golf, or trying to raise that $1 billion, or mocking the opposition, or playing basketball, or going on vacation, or ordering a committee to figure something out, or ignoring that committee's reccommendations, alienating friends and allies ..... uh ..... what were you saying ..... what does he do ....... does he work on budgets ..... solve a problem like unemployment ...... yea ........ we can not do that stuff.
Get a clue Missy.
And when you do ..... please share with Feisty, Bev, Old Navy, Groucho ......
Missy,
Again The hot air Blowing is coming from you............
The liberals on FR all brag on how Obama has this great education, was cumma some laude or another, a brilliant thinker, an excellent leader and... excuse me? An excellent leader? If Obama is so brilliant and had this great education, it's been wasted. How is he leading us out of the looming economy problems? What exactly are his brilliant moves? What forward progress has he made to bring the United States back into solvency? I know... he took the Ryan Plan and lied about it... threw it under the bus. Someone came up with an alternative plan he called his own and touted it, but, alas, nothing has come of it. Nobody even knows what's in his plan. He waved the sheets in front of the nation, but the cameras didn't catch the inside pages that were blank.
Now the FR liberals want us to feel sorry for this Bozo. They state that we on the right wouldn't say anything good about Obama if he were to cure cancer. Well, let him cure cancer but fix the economy FIRST! Then I'll say something nice about him! Until then, I will speak my mind about every move Obama makes that brings us closer to the brink of disaster!
I thought Obama ran on a ticket of Hope and Change... The liberals were drooling over themselves... Where's that change as we are floating closer to the waterfall? Don't you think it's about time we actually did have some change? Where's Obama? On the golf course.
That's because you're going the wrong way Barry.
WOW!
Look at you JoAnna putting in some serious overtime on First Read!
What's the matter honey, someone steal your corner?
So what are you trying to say there Feisty old gal?
Good golly JAS1 has been schooling you all day, and this is your retort?
So sad, as will be all the time you spend here Saturday and Sunday - OVERTIME, except with you it's just all the time.
Missy TX " Please consider your face connected to my palm for disrepecting OUR hard-working, thoughtful, deliberative and wise President."
You are living proof that "You can fool some of the people all of the time". By the way, what does 'disrepecting' mean?
Sometimes it is not fair to blame the sitting President during an economic downturn.... but in this case the morass were in lies directly with Obama! He owns this mess, he created this mess! Can't keep blaming past Presidents on this one.... unemployment is up and will continue to rise, more families on welfare and food stamps than ever before..... his plan to make as many Americans dependent on big government is succeeding.....
If Feisty with the red bouffant hairpiece could get her mouth away from her bonbons long enough to actually look into his record, she too might take off the feed bag and realize this guy is not the leader America thought they voted for! After 3 years, he's still a neophte and confused! Hurry up 2012, we need change!
Tell me anyone..... what has Obama accomplished that has actually helped us in the last 3 years? Anyone? ? come on.... there must be something? .................. ?
I can't think of anything Miked. The only thing that comes to mind is him helping the unions. Who owns the unions? The democrats. Personally I believe Obama has purposely done his level best at getting us to where we are today. After living under 20 years of anti-American hatred coming from his good friend Jeremiah Wright, it rubbed off. I'm certain that he secretly said to himself... if I ever become president, I am going to show the American people exactly what they deserve. He's doing it too. His anti-business stance has hurt small businesses, stopped people from buying goods, and stifled growth. I can't wait for the summer of recovery... since exactly the opposite happens of what they say from the Obama administration. I'm stockpiling food.
Mr. MISSY TEAXS----I'm sure you always had positive things to say about President Bush. Oh we have to agree with you or else. Texas has had more companies incorporate in last 12 mos. than the rest of the country combined, with LOWER corprate taxes. 3 of the the top 10 thriving cities in America are in Texs. Do you have a Dem gov. raising taxes? Just asking. I live in Chicago we have raised corp taxes and we our running many good companies right out of the state, some are going to Texas. We have a dem gov. who came into power by giving his people a raise then raised taxes. I don't have to worry he wont be in power long our Govs tend tend up in prison.
Right Steve,
Soon as I saw the title of this article, I thought, sure, A strong headwind from his long-winded speeches that accomplish nothing.
Watch as the Democrat Congressmen and women start to distance themselves from Obama. They would like to keep their jobs. Obama is political poison to them.
To Speaker John Boehner:
"Republicans wasted no time in blaming the president and his policies on the unemployment numbers, with Speaker John Boehner (R-OH) telling reporters this morning that "the overtaxing, overregulating and overspending that is going on in Washington is creating uncertainty" and keeping job creators on the sidelines."
1. Without Obama, our middle class tax cut would have expired Jan 1 2011. In exchange for our tax cut, Boehner insisted on two more years of Bush tax cuts for the wealthy ($850 million PER WEEK).
2. Taxes are at their lowest in 60 years. No taxes have been raised since Obama has been in office.
3. Republicans voted against Wall Street reform, tried to water it down, and are still trying to defund it. The Great Recession which became public at the end of 2008 when Bush signed in TARP, was a result of gross de-regulation and crimes on Wall Street. Eric Cantor is still fighting financial reform.
4. Republican senators spent last summer refusing to pass the Small Business Jobs Bill - they voted against it 3 times. Remember small businesses create 65% of US jobs.
Last December, GOP claimed that extending Bush tax cuts would create jobs. How can this be? Trickle down created very, very few jobs during the Bush presidency.
Bush tax cuts for the wealthy added a $Trillion dollars to our deficit over the last decade. And contributed greatly to the Great Recession beginning 2008 which caused the loss of 8 million American jobs.
5. Over the last 15 months, 2.1 million jobs were created. Over a million private sector jobs created in the last 6 months. An average of 200,000 jobs a month over the last 4 months.
6. If GOP really want job numbers to stay up, GOP should stop firing thousands of public employees, teachers, police and firefighters. If implemented, the Ryan bill would cost America 2.2 million lost jobs.
7. UNCERTAINTY: It is GOP/Corporations that relentlessly manufactures uncertainty and crises. They threaten us with government shutdown, not raising the debt-ceiling, not allowing unemployment benefits, crashing the domestic and global financial system.
8. Mr. Boehner and his band have given themselves a two-week-on, one-week-off rotating schedule in the House). They could spend that time creating jobs. Or even one job.
Backhouse - ::Yawn::
Political crap from the cesspool of democratic spin. Maybe you can explain how Obama piled on $4.3 TRILLION to the national debt in 2 1/2 years and has done nothing to reverse the spending course he has led this nation on. Maybe you can explain why, for 4 years, the democrats did NOTHING, NOTHING about building up our nations economy. Where were the democrats while jobs were falling into the abyss? They had 4 friggen years!!!!!!!!!! Now you expect to throw republican crap out there... for WHAT? You think this nation wants more democrat BS?
No matter how you spin it Backhouse, the problem falls on the democrats shoulders not only because of their inaction, but because of their negative actions that have brought the finances of this nation to the brink of destruction.
Boehner = Jobs ??
John Boehner, Oct 8, 2010: “Let me be crystal clear, it if isn’t clear already: this speech is about jobs. And this speech is about jobs, because this coming election is about jobs.”
“We can help small businesses get back to creating jobs.”
In this speech, while asking voters to give Republicans control of the House, Congressman Boehner goes on to talk about several things that could be done to create a better atmosphere for business and job growth. However 7 months after winning the election for control of the House and 5 months after taking control of the House Speaker Boehner has jet to even introduce one bill to accomplish this election promise to the American people, not one.
John Boehner has brought many bills to the floor that either has no chance to pass in the Senate (ACA Repeal & Ryan Budget) or for political posturing only but he has not even tried to bring any bill to the floor for a vote that helps businesses to create jobs. Why is that – you’ve got to wonder?
http://www.johnboehner.com/?p=1546
What our President has done on the economy:
Increased infrastructure spending (roads, bridges, power plants…) (2009) * Note: Bush was the first president since Herbert Hoover to not make infrastructure a priority
Authorized the US auto industry rescue plan and two GMAC rescue packages (2009)
Authorized the housing rescue plan and new FHA residential housing guarantees (2009)
Authorized a $789 billion economic stimulus plan (2009) * Note: 1/3 in tax cuts for working-class families; 1/3 to states for infrastructure projects; 1/3 to states to prevent the layoff of police officers, teachers, etc. at risk of losing their jobs because of state budget shortfalls
Instituted a new rule allowing the public to meet with federal housing insurers to refinance (in as quickly as one day) a mortgage if they are having trouble paying (2009)
Authorized a continuation of the US financial and banking rescue plans initiated at the end of the Bush administration and authorized TARP funds to buy “toxic assets” from failing financial institutions (2009)
Authorized the “Cash for Clunkers” program that stimulated auto sales and removed old, inefficient, polluting cars from the road (2009)
Convened a “jobs summit” to bring experts together to develop ideas for creating jobs (2009)
Ordered the FDIC to beef up deposit insurance (2009)
Ended the Bush-era policy of protecting credit card companies (2009) * Note: In place of the old policy, new consumer protections were instituted and the industry’s predatory practices were banned
Authorized the federal government to make more loans available to small businesses and ordered lower rates for federal loans to small businesses (2009)
Placed a 35% tariff on Chinese tires and a few other products such as pipes after China was found to be illegally “dumping” exports below cost (2009) * Note: Clinton, Bush I, and Reagan all refused to “get
tough” on China’s predatory trade practices; Bush II refused four times during his presidency
In November 2009, Obama extended unemployment benefits for one million workers and expanded coverage for some existing homeowners who are buying again (2009)
Called on Congress to deliver a “Jobs bill” (2010)
Credit card companies are prohibited from raising rates without advance notification or arbitrarily if customers are paying bills on time (2010)
Signed a bill to extend unemployment benefits set to expire (2010)
Signed historic Wall Street reform bill (2010) * Note: Designed to reregulate and end abusive practices and promote consumer protections
Signed the HIRE Act to stimulate the economic recovery (2010) * Note: The bill includes: tax cuts for small businesses who hire someone unemployed for at least two months; small businesses can write off their investments in equipment this year; etc.
National Export Initiative established to enhance federal support (technical assistance, training, trade missions, etc.) and coordination efforts to help US businesses export products and services (2010)
Initiatives to promote a “Wireless Broadband Revolution” (2010) * Note: Among other things, broadband is finally being considered as necessary infrastructure, with efforts to expand use, access, and spectrum…
Expanded agricultural credit to farmers during current economic crisis (2010)
Signed bill – US Manufacturing Enhancement Act (2010)
Signed bill – Single Family Housing Mortgage Insurance (2010)
Brian p.p. Speaker Boehner,
You know very well that Republicans walked away from US recovery. They sat on their hands.
They kicked off in 2009 by fililbustering at three times the pace ever seen before in American history. So now it takes 60 votes to go the bathroom up there. They blocked financial reform, small business jobs bills, clean air and water, they blocked anything and everything. To this day they are still holding everything hostage to the Bush top 2% tax cuts which will cost put $trillions more on the deficit.
From the get-go Leader/Senator McConnell and his colleagues crowed to the press that their goal was NOT recovery, not jobs. Even though they ran on jobs last November. McConnell said their number One priority was to defeat the President.
GOP/Corporations walked away from the American people while we were deep, deep down a hole in a Great Recession and left it to the Democrats to fix it. And Democrats did fix it. The economy has been growing for the last five months.
Tell your Party to step up for the citizens of America and stop giving $billions in tax breaks to Big Oil and their corporate benefactors if they want to help.
Recently, GOP voted to dismantle and privatize Medicare. Democrats want to strengthen and protect the Medicare guarantee for all seniors. They will try to shift blame here, there and everywhere.
Dennis from Ohio was so gracious to provide what he deems is a list of Obama's accomplishments. Let's look at these accomplishments from another light:
Increased infrastructure spending (roads, bridges, power plants…) (2009) * Note: Bush was the first president since Herbert Hoover to not make infrastructure a priority First item and Bush comes out. The list can't even list accomplishments without backpeddling into Bush's history. We see where this is going, don't we?
Authorized the US auto industry rescue plan and two GMAC rescue packages (2009) Which cost the United States taxpayers billions. Of course Obama authorized it because it helped his union thugs. You don't think he didn't have alterior motives do you?
Authorized the housing rescue plan and new FHA residential housing guarantees (2009) Now this was a real winner. Foreclosures are at an all time high and we haven't even seen the peak of them yet due to court delays. More wasted taxpayer dollars.
Authorized a $789 billion economic stimulus plan (2009) * Note: 1/3 in tax cuts for working-class families; 1/3 to states for infrastructure projects; 1/3 to states to prevent the layoff of police officers, teachers, etc. at risk of losing their jobs because of state budget shortfalls Now this program, while it temporarly helped civil servant workers retain their jobs for a while, will ultimately fail. When the stimulus money runs out, the workers will ultimately lose their jobs because local municipalities who hire these workers are all financially strapped. What will be the ultimate end to this program? $789 billion debt plus interest with a zero net gain.
Instituted a new rule allowing the public to meet with federal housing insurers to refinance (in as quickly as one day) a mortgage if they are having trouble paying (2009) Program was a complete flop. Less than 10% actually qualified for this program under the confusing and restrictive rules. How do I know? Personal experience.
Authorized a continuation of the US financial and banking rescue plans initiated at the end of the Bush administration and authorized TARP funds to buy “toxic assets” from failing financial institutions (2009) In otherwords, authorized another Bush program that was a failure. Obama had to pay back his wall street buddies for their major contributions to his election campaign. How much is this program costing the American public?
Authorized the “Cash for Clunkers” program that stimulated auto sales and removed old, inefficient, polluting cars from the road (2009) Ask the car dealerships how well this program worked. A lot of them are still waiting on their government reimbursments. It seems the Obama programs simply don't pay.
Convened a “jobs summit” to bring experts together to develop ideas for creating jobs (2009) Worked really well, didn't it. The only ones I see that are secure in their jobs are union workers in the northern states and California. Of course the unions are well taken care of by Obama, it's a huge voting block. Now when it comes to the regular workers, it appears as though unemployment is going up, not down. And this is an accomplishment? How?
Ordered the FDIC to beef up deposit insurance (2009) I guess this was needed, not sure for what, exactly. Considering that it only pays $250,000 if a bank fails, woe begone to those that have more in a bank.
Ended the Bush-era policy of protecting credit card companies (2009) * Note: In place of the old policy, new consumer protections were instituted and the industry’s predatory practices were banned Uh huh! Sure is an effective program since credit card companies can cancel out a persons card without so much as a notice. If a person becomes unemployed, and falls behind on a single note, credit card companies will disallow future credit and raise your interest rate to somewhere near 35-40%. I guess Obama forgot to include that tidbit of regulation in his nouveau plan. Also, this wasn't a policy of Bush. He never signed anything to "allow" credit card companies to take advantage of consumers. Nice spin though.
Authorized the federal government to make more loans available to small businesses and ordered lower rates for federal loans to small businesses (2009) This is one of the biggest jokes in this list. Who is lending money to small businesses? Where is all the small business growth in this country. Gotta give Obama an A for campaigning though.
Placed a 35% tariff on Chinese tires and a few other products such as pipes after China was found to be illegally “dumping” exports below cost (2009) * Note: Clinton, Bush I, and Reagan all refused to “get
tough” on China’s predatory trade practices; Bush II refused four times during his presidency More references to past presidents. The compairisons aren't equal. Besides, Obama didn't get tough enough. There should be huge tariff's on goods from China in general.
In November 2009, Obama extended unemployment benefits for one million workers and expanded coverage for some existing homeowners who are buying again (2009) Golly gee... Obama had a heart to allow for unemployment benefits to be extended. How charitable of him. He didn't initiate the requests all he did was grant it from the throne. What sort of an accomplishment is this? He's human isn't he? A rich human too. He didn't give the money out from his personal account I see. Of course it was other peoples money. Just sayin.
Called on Congress to deliver a “Jobs bill” (2010) I guess he just couldn't think of a jobs bill all by his lonesome. Nice try... not an accomplishment.
Credit card companies are prohibited from raising rates without advance notification or arbitrarily if customers are paying bills on time (2010) Redundant. Credit card companies don't normally increase rates unless a house payment is missed, or another major default occurs. And so what if the consumer gets advanced warning? Won't change the outcome.
Signed a bill to extend unemployment benefits set to expire (2010) Again, redundant.
Signed historic Wall Street reform bill (2010) * Note: Designed to reregulate and end abusive practices and promote consumer protections
Signed the HIRE Act to stimulate the economic recovery (2010) * Note: The bill includes: tax cuts for small businesses who hire someone unemployed for at least two months; small businesses can write off their investments in equipment this year; etc. Do you really want to go here? What a waste of good ink. This did nothing, nada, zero, the big doughnut, to promote hiring or increase business, nor will it in the foreseeable future or into the 2020's for that matter.
National Export Initiative established to enhance federal support (technical assistance, training, trade missions, etc.) and coordination efforts to help US businesses export products and services (2010)
Initiatives to promote a “Wireless Broadband Revolution” (2010) * Note: Among other things, broadband is finally being considered as necessary infrastructure, with efforts to expand use, access, and spectrum…
Expanded agricultural credit to farmers during current economic crisis (2010)
Signed bill – US Manufacturing Enhancement Act (2010)
Signed bill – Single Family Housing Mortgage Insurance (2010)
I'm wondering how much time it takes to sign bills. Do you think it ever interferes with his tee times? Something tells me he schedules all these useless bill signings around his mulligans.
By all the accounts President Bush played tons of golf.
The press who follow him around almost 24/7 know that President Obama has been working double time for the American people, has delivered on his promises or is in the process of doing so. Democrats follow such things closely. For example, recently he delivered on his campaign promise to hunt down Bin Laden.
Senate Republicans blocked more than 400 measures voted through from the House by Speaker Pelosi. Republicans look out for Corporations, not the 98% majority of Americans.
We cannot account for what entertainment media outlets tell their viewers, but anyone is welcome to go look directly at the legislation, look at the votes, the vast interactive Whitehouse website and House and Senate government websites.
Blackhouse,
Thanks – Bush 43 spent an average of 19 weeks a year on vacation at Camp David, at his Texas home or at other locations. He spent about 15 hours a week on his mountain bike and during his last 3 years he bragged about reading 182 books – that’s an average of one every 6 days. And according to Laura, Mr. Excitement was in bed every night by 10.
I wonder how much it cost taxpayers to take all those bills to him in TX for his signature.
Dennis and Blackhouse
In the first three Obama years, He has taken the family on a world tour including a week in Paris, and time in Rio. Not just him traveling on Business, but the wife and daughters also. As far as congress is concerned, seems mighty odd that since the health care bill was passed and special circumstance delays in implementation are being granted, 80% of the ones granted to date are from Pelosi and Reid's districts and are businesses that really shouldn't need them.
Trips that included some vacation time for our President and his family are less than one-quarter that President Bush spent with Laura and the twins.
“80% of the ones granted to date are from Pelosi and Reid's districts.” That has been debunked and the waivers that have been allowed are only temporary.
Archangel
first 3 years? that would mean that he was President in June 2008.....
Did Bush for some reason hand over power early?
Obama has been in office 29 months. beginning Jan 20 th 2009
4moreyears
He is into the third year of his presidency. Each year is only 12 months long or are your math skills the same as the ones used in the white house to tell us the economy is in full recovery!
archy - your comment is strangely full of anger. I find no value in arguing over whether 3 years is 36 months or 29. Thanks for your clarification that he is "into the third year". Either way, he still has my vote.
What the hell's wrong with that guy (Obama)? He can't make a complete recovery of the worst recession since the great depression in, what- a year-and-a-half? I mean, what is this- an 'epic' fail, or what? And as long as I'm on his case, how the hell come we couldn't put a man on Mars in all that time, either? Or cure cancer. What a loser. I might have to vote for someone that will do something about abortion or cowboy poems or something next time!
Ummm.. I think that's around 2 1/2 years. ;o)
Regardless, it will never stop the I WANT IT ALL & I WANT IT NOW crowd!
Tax rates are the lowest they've been in 60 freakin years & they want MORE cuts?
In all my years following politics, I cannot remember when so-called real Americans are cheering the uptick in the unemployment numbers!
Like Hillary said, He would walk on water and they would bitch that he can't swim!
"Ummm.. I think that's around 2 1/2 years. ;o)"
A typo, to be srue. Actually, the repubs started this nonsense after, more like, two and a half MONTHS.
You're way to kind Buzz - it was more like 2 1/2 hours! ;o)
What's on the jukebox tonight?
Just think how much further along we would be in recovery if McCain/Palin had won in 2008. I mean, the automotive industry would have been allowed to fail, which would have been good for the economy, there would have been no stimulus, so teachers and other public workers would have been laid off en masse, certainly, no help for homeowners, no extention of unemployment insurance, etc. That's just for starters. Hmmm...let's dream a bit about what a right-wing response to a dire recssion looks like....
Amy what would have happened if GM and Chrysler had declared bankruptcy? I want you to think it through and tell us the different ways that could have played out.
Amy- you do understand that bankruptcy does not = failure, as in the companies would have gone away, right? I don't suppose you have ever been involved in a chapter 11, or a work out?
And what of Ford? No bailout, and doing far better than the bailout twins. How do you explain that? Is Ford just Magic?
Drive-by-Dummy
He can't make a complete recovery of the worst recession since the great depression in, what- a year-and-a-half?
You realize that a recovery and a recession are different things, right?
The "worst recession since the great depression" ....... was officially over in June 2009.
You know that, right?
The last 2 years have been a recovery.
BTW - That would be the worst recovery since the Great Depression.
The whole recovery - all on Obama.
But you know that ....... right?
Who exactly is 'cheering' the rise in unemployment numbers? And instead of making excuses about how bad it was and no one could turn it around in 2 1/2 years, please refresh our memory on what the stimulus was supposed to do.
"Regardless, it will never stop the I WANT IT ALL & I WANT IT NOW crowd!"
That would be the entitlement people, no?
Recovery? What recovery? A recovery is when things get better. Things are getting worse, and it's because of Obama's economic policies, not anyone elses.
"Things are getting worse, and it's because of Obama's economic policies, not anyone elses."
Yes- I see what you mean. Policies. Like that one tax cut extension everyone was talking about. That sumbitch was a hum-dinger of a job creator, huh?
"[A]uto industry allowed to fail". Fail how? By GM/Chrysler going through the bankruptcy process, paying their creditors, consolidating their product line, reworking their agreements with the unions? Certainly they would have lost market share to their competitors, but that's what happens with poorly run companies. But the auto industry would have just kept going, it's not like demand changed because GM and Chrysler couldn't get their acts together. Instead, the taxpayer is out a ton of money, and the unions still burden GM and Chrysler. So, what do we do the next time they fail?
" please refresh our memory on what the stimulus was supposed to do."
Well, hell, Julie- it was supposed to do like that oatmeal in an envelope- it was supposed to work RIGHT NOW! Sheesh...
"What's on the jukebox tonight?"
I don't know yet, but it will have to be by someone called 'Drive-by Dummy'. Not sure what the title was, but I bet I can get a copy down at the middle-school message board, you think?
Easy, DBO. Some people just don't get it unless they can see it. I guess they expected ice cream cones or something.
If President Obama had personally flown into space and diverted an asteroid headed directly for earth, the same people would complain that there was no proof the asteroid would have hit if he hadn't diverted it.
If he had failed to divert it, though, then the fact that it hit would have been his fault, too, even though he had nothing to do with causing it.
I know it frustrates you. It frustrates me, too. More and more every day.
So the president said the economy "blows" and who can disagree?...:)
Oh no - the libbies assured us we would MAKE money from the INVESTMENTS to the car companies. Sad think is to a liberal a $14 billion lose is an INVESTMENT.
Funny thing is GM is getting pissed that obama is hanging a mission accomplished banner over them.
Of course Ford is love, love loving this.
Didn't you learn anything from this morning's Mitt thread? That's not what you were all advocating for at the time. That's re-organization, and that's what President Obama helped with.
What you and Mitt and everyone else was arguing was for liquidation. Let 'em go out of business. Who cares what happens to the workers?
Or did you think that people like me had forgotten?
By the way, I'll take that $14 billion or so that we'll lose on the bailouts over those million of jobs (including those in secondary economies) that would have been lost had we not bailed them out -- I'll take it anytime. Just how many billions of dollars do you think that would have cost the economy? And exactly how heartless are you, anyway? Every time it comes down to profit for shareholders or tax breaks for wealthy taxpayers or jobs for workers, you always opt against the worker. I consider it a small price to pay compared to our larger deficit problems caused by Bush's off-the-books wars and the Wall Street debacle.
Well, hell, Julie- it was supposed to do like that oatmeal in an envelope- it was supposed to work RIGHT NOW! Sheesh
Well, when it was supposed to work if not right now? I'll ask again, what was the intent of the stimulus? It was billed as absolutely necessary to keep unemployment down. But since that clearly was not the case, what WAS the reason that 800 billion was spent?
Then go get a few of your rich libbie friends together and start shoveling your money in to pay for it.
You are such a fraud AM, you wouldn't pay a dime of that debt. You'd be pointing fingers at others to do it for you.
Obama did no such thing. He screwed the bondholders. He screwed the creditors. He screwed the vendors. He screwed the retirees. He screwed the taxpayers. He made up the rules as he went along, and those rules had nothing to do with existing bankruptcy laws.
" But since that clearly was not the case, what WAS the reason that 800 billion was spent?"
Uh- to keep a depresion at bay? I dunno- give us a hint.
That's enough of your accusatory vitriol for me, JoAnna.
If anyone would be calling for someone else to pay for the debt, it's people on your side. You want poor people to pay for it. I pay my taxes and don't complain because I can see something beyond the end of my own investment portfolio.
Even if President Obama did make up the rules as he went along, at least he did SOMETHING. You don't deny that you would have done NOTHING, if you had been he, and GM would have failed, leaving millions of workers on the streets. Busting unions so that nothing stands in the way of the corporatist agenda actually means that much to you.
We obviously have nothing in common, and no common ground to be reached.
See you later.
So you don't tune in to CNBC either? Only Fox News for you Drive By?
Cause per CNBC we are headed for a Depression.
Unless you listen to the Obama gang - "Recovery Summer."
But I know to you the jobs numbers were "unexpected."
A lot of it was spent to save jobs -- teachers, firefighters, police, nurses ... you know, worthless freeloaders and such. Your thinking is very shallow. Since you didn't see them become unemployed, as they otherwise would have been, you refuse to believe it worked. That doesn't mean it didn't. And actually only about half of the stimulus has actually been spent. Most economists say that, if anything, it should have been larger. President Obama is sorry that it didn't come with chocolate sprinkles specially for you, Julie. DBO is right that it kept what would have been a greater Depression than the 1930's from getting that bad. The fact that there's still work to be done is not the same thing as it being ineffective.
Let me ask the libs a question... Do you think conservatives are against the policies of Obama for no reason?
Think about the question before you jump to any of your preconceived notions. In otherwords, think outside of the box.
It has been said that conservatives wouldn't say anything good about Obama if he cured cancer. I say, let him cure cancer, but fix the economy first. When he even shows a sign of reversing course and starting the reverse flow, I'll be the first to jump up and say "GOOD JOB OBAMA!!" Until then, my position stands against him. There are a multitude of things he can do to start a real, tangible economic recovery. He dosen't have to dive into the deep water either. I can tell you this: He won't do anything tangible because his ideology won't allow him to. Therefore it appears to be a foregone conclusion that conservatives will be against him until the time he leaves office.
Anna Molly said: A lot of it was spent to save jobs -- teachers, firefighters, police, nurses ... you know, worthless freeloaders and such. Your thinking is very shallow. Since you didn't see them become unemployed, as they otherwise would have been, you refuse to believe it worked.
Anna, it worked but it's only temporary. When the money runs out, the municipalities won't have enough to pay them. The money is just about gone so where will the public workers get their funding from? Will there be stimulus after stimulus to keep these people employed? Obama only extended their jobs but what will be done to sustain them? This is the difference of opinion we share.
Spoken just like a conservative. Even if President Obama COULD cure cancer, just how many people would you tolerate dying before you let him do it because he hadn't yet balanced the budget, too? Sheesh. Interesting set of priorities you have there, Brianb. Cost-benefit analysis über alles. Let's just hope it's not YOUR family member who is the last one to die from cancer before the President is permitted to cure it.
Okay, then .... describe this "multitude of things," why don't you, or is that something like John McCain saying that HE knew how to find Osama bin Laden, and then, when he didn't get elected, forgetting to share that little secret with the rest of us? Conservatives contradict themselves with every other sentence. When we ask John Boehner "where are the jobs," you say that government doesn't create jobs, but then you complain because President Obama hasn't created any. Which, of course, isn't even true.
No, the difference we share is that you apparently believe laying them off would somehow have been better than saving their jobs, even if just temporarily. How would that have improved anything? And you apparently don't believe that any tax increases can be countenanced, no matter how bad this situation gets, a sentiment which I do NOT share.
Unemployment is not just a number, Brianb -- these are people, whose lives and careers you are perfectly willing to wreck -- not to mention the services that you will lose -- so that you never have to pay a dime more in taxes. Well, that may be good for you. But it isn't for me. If you have any REAL answers as to what can be done about it, let's hear them.
Why? It's you that think it's just peachy that the taxpayer be on the hook for $14 billion, $14 billion they had no say in spending. You're so all for it, lets have you and your ilk pay for it. Or, better yet, let the unions that were saved by Obama pay for it. Divert their union dues to the IRS until that $14 billion is paid off. That will keep the little quid pro quo of Obama bailing out the unions from being a conflict of interest by them contributing to his campaign, and instead giving the money back to the taxpayers.
You and your side are nothing but phonies, cheats and thieves AM. You want to spend the money, but you don't want to pay for it.
Anna Molly - You are just a hateful person. I can read, you know. You don't need to come up with snappy retorts just to prove that you are liberal... even though you say you aren't.
You completely missed my meaning about the stimulus being temporary. Think BIG picture Anna. Of course I don't want to see anyone unemployed... such as I WAS FOR 6 MONTHS OF 2010. Of course you didn't know that, did you? In your mind, because I'm conservative, I'm a heartless bastard that thinks only of myself!
The defense of the stimulus is asinine. It was a band-aid on a bleeding artery. It may have stopped some of the flow of blood, but it didn't do ANYTHING to stitch the wound. To defend Obama because he placed a band-aid on a more gaping problem borders on insanity. Someone will have to pay for that money, to temporarily save a few jobs, down the road. The cost of which, will be GREAT to my children, your children, your grandchildren, etc.
Instead of trying to fix our economy by doing things that would fix it, this administration is sitting on it's hands. Do you realize how much money there is under our soil? Do you even have a clue? Obama could free up drilling (job creation). He could push through plans to build another refinery (more jobs). He could allow the building of a couple of nuclear plants in safe regions (more jobs) All these ventures would be paid for by private enterprise and not the government. You want to talk about job creation, talk energy. Real energy, not some pie in the sky green energy that is being forced down our throats way too early in it's evolution. There are dozens of things Obama could do to get businesses rolling again and not one of them involves cutting taxes. But... would these things be wasted on you? They might even go over your head.
I take offense to your cancer statement! That was cruel! I wouldn't wish cancer on any of your family members like you just did on mine. Besides, how close IS Obama to finding a cure for cancer? We know he's not even close to finding a cure for the economy.
Anna Molly - Just so you understand... A conservative would take care of the more important problem first. The economy is the more important problem. Cancer doesn't effect everyone like the economy does. Your solution is to cure the cancer but let everyone else starve in the process.
2 things are happening at once... Your house is burning and your car has a flat tire. What will you take care of first? Does logic escape you?
Well said Brianb. I seems that Anna Moly's emotions are running too high for her to consider your points logically. The liberals are now being confronted with the failures of their policies. And it's not just here, but in Europe.
I must be hard to see everything you believe so strongly in crumble. It must be affecting Anna's judgement.
Be keep up with your arguments they are well said.
Thank you Muffintop. Logic defy's liberals. They think with their emotions. We've undergone a solid 4 years of liberal control. Look where it's gotten us. We have the worst economic recovery ever! Unemployment is going up again. We now face a goliath of government involvement in our medical care. Our businesses have clamped down on hiring and inflation is starting to come to life. We haven't even begun to see how bad it will be. Quantitaive Easing 2 is ending this month. When the fed stops buying government treasuries, our currency will be practically worthless.
The stimulus Obama ordered up did nothing to support long term financial growth, in fact, it hurt it because it will eventually have to be paid down with huge amounts of interest attached.
Oh, but the liberals think the stimulus worked to save jobs. It didn't because those jobs will be lost unless another stimulus package is ordered up... but this time there will be no getting a stimulus through congress like last time. The shortsighted democrats won't have that ability.
If the liberal democrats would have worked on fixing the economy 2 years ago the republicans wouldn't even have a chance in 2012. The American people want stability and the democrats have failed miserably in offering it. They had 4 years to get us on the road to real recovery but they decided to go on a spending spree.
What's keeping job creators on the side lines is nobody wants to buy anything they make because they can't afford it.
Cutting taxes for the rich won't fix this. Getting $$$ to people that will spend it is the only real solution.
I'm not advocating freebies for the lasy, but somehow we have to figure out how to get more cash into the hands of the working poor and middle class who will spend it inorder to increase demand and the rest of the system will work itself out.
Money doesn't tricke down from the wealthy to the workers, it just goes into their already inflated bank accounts and sits there. Money actually trickes up from the people who'll spend it.
The GOP has it backwards.
Tom- you are correct of course, but here's the rub: That cash you want to put in the hands of consumers. It has to come from somewhere. Guess where? (at least until the recovery of the economy) That's right- from the one's that are having to close up shop due to lack of demand. Some call it 'redistribution' of wealth. Others might call it 'self preservation' or even better- 'investing' in your companie's future.
But see, ME Firsters are not into anything that might benefit someone else, even when it will eventually benefit THEM. It's the 'eventually' part that spooks 'em.
It's a catch 22. Keeping those Bush tax cuts for the wealthy is what got us to today. It worked in reverse and now the ones that forced it upon us have the balls to try to get more.
Yep - it must have been those damned "bush" tax cuts. They killed the real estate market, and are even the source of the current inflation.
Love that word Drive By - INVESTING. You all keep bantering it about. Too bad everybody gets it. It just means spending other people's money.
So how much of my money you shooting for Drive By? How much you willing to kick in, cause the only way to tax our way out of this is to hit the middle class.
But that's ok with you, right? Shared sacrifice and all.
Spanky, investing means investing. It means putting your money in savings, or paying $xxxxx now for a machine that will allow your company to be profitable down the road, even if you have to borrow money now to do so. To not invest means to not make any improvements in your personal situation or your company's growth. If you don't understand the word, don't take my word for it. Ask your banker if he or she thinks investing is a good idea.
"...the only way to tax our way out of this is to hit the middle class."
Show us the numbers.
That's the part that's lost on the Left, they can't for the life of them understand that "investments" are supposed to produce a Return On Investments. We keep "investing", and all we keep getting is more debt. That's not investing, that's throwing money away.
Buzz, you're the one calling for the end of the Bush Tax Cuts. Ending them would considerably raise the taxes on the middle class.
Yep Kate I could have "invested" in a bigger house or a nicer car. But I went with a modest house and a car I could afford [read buy with cash].
Sorry Kate it's time to start living within our means as a country. You do it. I do it. The government now has to as well.
You Drive By know that you cannot tax the rich enough - cause there are not enough, to fix the gap. He also knows that there are enough middle class. He know this cause we have gone over it here many times, don't you Drive By?
Buzz is still mulling over the fact that he keeps calling for the end of the Bush/Obama tax cuts, and now its been pointed out to him that that particular action will raise taxes by about $370 billion a year on the middle class (and about $70 billion on the "rich"). It's going to take Buzz a few minutes to come to terms with what he wants.
" It's going to take Buzz a few minutes to come to terms with what he wants."
Yeah, likey so. Hell, I'm still trying to get my head around ethanol from sweet corn.
Sally,
Your not supposed to ask embarrassing questions about a measly 800 BILLION dollars. That is not politically correct. You are supposed to praise our dear leader as the chosen one, the messiah, the savior. LOLOL
Anything not on the liberal script simply exposes Barrack as a walking mistake, an empty suit, and an inept teleprompter trooper. Can't have that, can we??
xxx
"Speaker John Boehner (R-OH) telling reporters this morning that "the overtaxing, overregulating and overspending that is going on in Washington is creating uncertainty" and keeping job creators on the sidelines."
The man has selective amnesia. Overtaxing. At 35%, the corporate tax rate is at the lowest it's been, perhaps ever. Oh yeah..he wants the rate dropped to 25% to give his corporate sponsors some extra cash that they can use to NOT create jobs. With billions in corporate profits, why hasn't any of that been funneled towards creating jobs by these companies? Trickle down is a joke.
Over-regulated? It was deregulation that caused the mortgage crisis in the first place. Must have forgotten
Doesn't he realize how foolish he sounds when he makes statements like that?
Shtatemints like *hic* what, *hic* Groush....Groushoo.....Groucho?
Could the Speaker give some specific examples? One of his constituents who badly wants to hire people but can't because of specific regulations? One of his constituents who is taxed so much he can't afford to hire (and be sure to let us know what his profit margin is)? Where exactly the overspending in Washington is harming job growth....Speaker Boehner is using a rhetorical device (over..over...over) but it has no substance. Or if it does, he should show us the substance.
Golly Kate I get the sense that you have never hired anyone, or had to wad through all the regulations and laws that apply. It is absolutely ridiculous. But then again I live and work in a progressive paradise - California. It really is super easy to hire.
And Groucho - simple fact is corporate tax rates are far less in other countries. Yet you all complain when companies leave. This really is not rocket science. You want jobs and business to thrive, make this a competitive place. It isn't and likely will never again be.
Again take Cali - business leave here everyday for better enviroments. It is not a place where business can compete, and now it's a global market.
Spanky -- give us a specific example: ONE person you wanted to hire for ONE job and why that proved to be impossible. If you want to copy other countries, let's copy them all around. Let's copy their universal health care and their defense budget. Otherwise, there's no use making a comparison. And if we are the "greatest" country on earth, why should we care what their corporate tax rates are. No one would want to do business with someone who wasn't the "greatest," right?
Good luck with that, Kate.
"And Groucho - simple fact is corporate tax rates are far less in other countries. Yet you all complain when companies leave."
And as you read the posts on here daily, you would think all those tax rates were enacted since January of 2009.
Not impossible Kate, just far more difficult than it need to be. The payroll regs, social security requirements and the worker's comp and osha crap is just stupid. THen there is the very small matter of health insurance. I used to have a full time office admonistrator just to take care of that crap. Now I have a paralegal share the administrative duties. It is horrible.
Bottom line is most people do business with the best overall bargin. Also Kate those other countries and particularly Europe are failing. Badly.
I'm with you on defense. Problem is a lot of that $ goes to salaries and employment. And there is the little matter of Obama being a hardcore warmonger. :)
And DBO the tax policies have been around forever. The mass migration out of this country start in the late 1970's, and was accelerated by Billy Clinton and NAFTA.
Spanky, thank you for responding. I don't agree with you -- I don't think that social security requirements, payroll regs, worker's comp and OSHA are stupid. Most of these regulations were put in place because employers gamed the system, made people do things that were physically too much for them, and then fired them when they got hurt. But at least we can see what you mean by "over-regulation." If all those European countries with lower corporate tax rates aren't doing well, doesn't that undermine your argument for lowering corporate tax rates? Should we all aspire to be China?? The US has a military budget that is half the entire world's defense spending budget....that is the price we have chosen to pay to be a "world leader."
I didn't say stupid - I said burdensome. I'm not making it up - if you have ever had to wade into the regulatory hell you'd understand. There is an entire profession of administrators that are employed because it is so bad.
h and KAte Europe had terrible tax rates - they have the insurance you want. And even with those rates they cannot sustain it. Asia and elsewhere is where the jobs are going because of tax rates.
And again, I am with you n the military, but tell you boy Obama. He seems to like wars. Got three he's juggling right now.
Spanky,
Yep, I live in Vegas. We are always adding California refuge businesses to our tax base. Swarzenegger even offered to pay the small businesses moving expenses if they would please, please come back to California.
California seems to be the microcosm of the typical liberal mindset: " Lets be everything to everybody, and let's just raise the taxes so we can pay for all these freebies and we'll be heros."
Remember Proposition 13?? People who bought their homes in the fifties and sixties were paying so much in property tax that they couldn't pay for anything else. Like food and gas and medicine.
Proposition 13 cut those liberal politicians off at the knees overnight. There was panic in the California Statehouse for a while, till they found all those other little things to tax the crap out of. Remember the "Twinkie tax"??
I have close friends in both Germany and Denmark. Their taxes are really ridiculous. The price of a new car in Denmark doubles because of the taxes. They use all that money to pay for a huge nanny state. Everything is super expensive there. when they come to visit here, they make a bee-line to the outlet stores.
http://www.whitehouse.gov/blog/2011/06/03/revitalization-american-cities-resurgence-auto-industry
This week, the White House released a report highlighting the resurgence of the American auto industry. The report discusses the jobs created in the sector, the turnaround of the companies that are now turning a profit, and how entire communities have been revitalized by a strengthened auto industry.
In advance of the President’s trip to Chrysler Group’s Toledo Supplier Park in Ohio, we heard from local officials around the country on how the recovery of the American automobile industry has impacted their communities.
Mayor Greg Goodnight of Kokomo, Indiana told us:
The comeback Kokomo has experienced due to the resurgence of the auto industry can be seen all around the City of Kokomo. Delphi is building a $25 million new state of art facility, Chrysler is investing over one billion dollars in their Kokomo facilities and our local economy is benefitting. Those who called for liquidation of the American auto industry did not have to look into the eyes of the auto industry employees who depend on these jobs to feed their families and send their children to school. They are my lifelong neighbors and friends; I know the impact these jobs have on our community.
In Flint, Michigan Mayor Dayne Walling explained:
Flint was named one of Kiplinger's 11 comeback cities of 2011 because of job growth that is coming from the American auto industry. This is a historic turnaround for our community after more than a decade of net job losses. 750 more workers will be heading into the Flint Truck Assembly to go to work on a third shift because the American auto industry is again leading the world in quality and innovation.
From Racine, Wisconsin, Mayor John Dickert wrote to us:
We have several companies in Racine, large and small, who work directly in the automotive field. Without the president’s vision and his ability to make the right, albeit tough decisions, these workers would have been added to the unemployment lines, making our efforts to move Racine forward even more difficult.
While in Grand Rapids, Michigan, Mayor George Heartwell said:
Like so many Midwest cities, Grand Rapids was slammed by the downturn in automotive manufacturing. The power of the automotive rebound is found in every economic sector from manufacturing to retail to hospitality and tourism.
Louisville, Kentucky Mayor Greg Fischer expressed the gratitude of his city:
We firmly believe that this tremendous investment by the Ford Motor Company in Louisville would not have been possible if not for the coordinated efforts by the policies of President Obama to assist the auto industry along with major contributions from Governor Steve Beshear and then Mayor Jerry Abramson to turn an out-dated assembly plant into the best auto manufacturing facility in the world.
_______________________________________________________________
“Coming together is a beginning. Keeping together is progress. Working together is success.” Henry Ford
“Coming together is a beginning. Keeping together is progress. Working together is success.” Henry Ford
Awww....geez. You mean HE was a socialist, commie, too??
$4 billion forgiven, another $4 billion loaned to Chrysler by Energy department. Paying off a loan with another loan. Brilliant.
Best part is Chrysler is kicking ass right now - selling jeeps and big cars. That $4 billion is for hybrids and small cars, you know the kind no one wants to drive. In fact I can't think of a single hybrid car made by Chrysler.
What will it do?
The Chevy Volt, the Yugo of the 21st century, is another Government Motors ripoff of the taxpayers...dealers are shamelessly claiming the $7,500 tax credit for themselves.
The loss to taxpayers for the auto bailout is continuing and seemingly endless.
Obama promised in 2010 all the taxpayer direct loan money would be paid back...he was only off by $27 billion, which is one of his better estimates..
And despite his love of all thing libbie, Drive By does not drive a hybrid.
Go figure. He must hate America.
But hey at least the Volt gets 30 mpgs [after the 1st 40 miles is up]. That damn near as good as a v-6 accord, which of course costs half as much.
Yep Government Motors. Working great.
And now some estimate the battery life in the volt will be around as little as 30,000 miles.
Replacement cost $12,000.00 Maybe we better subsidize that too.
http://thinkprogress.org/economy/2011/06/03/235709/depression-wages/
According to ThinkProgress and their chart, the last ten years of wage gains are lower than during the Great Depression.
Corporate America is not hurting. It is their employees who are.
______________________________________
drive-by-observer: Henry Ford has been the subject of numerous books and documentaries, some good, much bad. One thing he did correctly was make cars which were affordable for the working class.
Those days are gone. Long long long gone. And it's sad.
Corporate America. The ones the GOP protects. At we, the people's expense.
Why do you think we care about Think Progress? Why do you keep insulting the reporters here ar FR?
Ford never redistributed wealth. He made cheap cars because he could sell them, a lot of them. Great example of capitalism.
But he was white, right Pat?
i cant trust you to cry for all of us right? you still have 2/3 of the legislative process in the hands of Progressi ves, but for some strange reason things are getting worse as they are wont to do when lefties are put in charge; even lefties who have made some moves to the center as obama has; enraging his former supporters form the thinkprogress-types like you huh?
George W. Bush was also left handed.
spanky: please explain your comment on (but he was white, right) Was that against the white race, because if it was, Obama is half white too!
"This week, the White House released a report highlighting the resurgence of the American auto industry."
Obama bailed out UNIONS (he calls it the auto industry) . Why bail out companies that are failing? The auto company which is #1, FORD, got NO bailout. Let the private sector work to create jobs !! Unemployment is 9.1%. So, get out of the way, Mr.President. Your interference promotes govt. bloating and wasting of tax dollars !
Obama: Economy faces "strong headwinds"
Economy: Obama policies are "strong headwinds"
The headwinds are coming from the obstructinist blowhards on the left
I have trouble believing the speaker with out proof. so why don't the folks at MSNBC or CNN ask him for some.
Secondly; Any expansion needs to be done so that the workers at the plant can live in the nearby area after the plant is up and running, unfortunately, ignoring water standards (or worse setting your own) and air quality standards, and chemical content of the environment is not a long term way to run a business. there are some regulations we must have (like rules in a ball game, and referees to enforce them) but what we don't need is the republican party trampling individual and societal rights all in search of greater corporate profits.
are leftnuts capable of anything but talking points? dont whine there are no jobs as you strangle businesses with over-regulation; cuz people are tired of hearing the pathetic excuses from the Left for their failures to stimulate the economy; the Bush rants are old leftnuts; as are the rants against the Tea Party. it's YOUR economy.
suck it rob!
reported
aw did I hurt little rob's feelings?
Rob, I think you have a problem, first, when the leadership tried to stimulate the economy (using reasonable econometric rules) you screamed we need more tax cuts, and got over half the stimulus in tax cuts. since that hasn't worked, you scream no more spending, but give me more tax cuts.
what makes you think it will work any better this time (when it hasn't the last 4 times.)
Rob- are the companies going overseas for the lax regulation, or the cheap labor. Or both? If it's lax regulation, who can blame them. I mean, hell- if I can make more by poisoning a bunch of foreigners that belive in the wrong god, why not??
Say- I think I just turned Republican. How'd that happen?
Hey Rob - President Obama is YOUR president, too!
Which is it you want our President to do? Do something to create jobs? Don't do something to create jobs? Your post is text book schizophrenic.Â
no it isnt; yes it is
seriously though wingnut; we want him to stop what he's doing and try something that WORKS
Suck it rob!
reported
You know, the problem is not not enough jobs, the problem is there are too many people looking for jobs, so, the solution that no one is talking about, is reducing the population to meet the job market reality.
how should we reduce the population? genocide? forced abortions? limits on procreation?
relocate a percentage of the population to another country
Well, the liberals love socialism...move them to Europe, they can help riot and burn cars like back in the sixties and at G20 conferences.
Why are they rioting you ask? Because the govts there are broke...they have no more other peoples money to spend and they are cutting back...while we are headed in their direction.
Spanky,
From a previous thread..the kids Harpo and Chico are coming over and..
And seriously, there seems to be a few different possible outcomes to not raising the ceiling. Personally I absolutely do not want it raised. Pay debt first, everything else after. It's called living within your means. I do it. You do it. And for the sake of our kids, the government has to start doing it.
...........................................................................................
No, there's no good outcome if the ceiling is not raised. One of the worst is we default on our Treasury securities and don't pay interest. Moody's would rate us...???
I agree we need to pay the debt down, starting this year. I also think we need to raise the debt ceiling one more time so our obligations can be paid and then FREEZE IT. What's the differencer if we raise it a bit more, we're talking trillions. That's the starting point. That's what we owe. Then start cutting expenses. Defense, pork programs, unnecessary and redundant agencies, fix medicare, etc.
We can't afford to pay 42 cents on every dollar we take in on interest and expect not to go belly-up.
Spanky,
I'm well aware that corporate rates in Europe are 16 to 20% and many (formally) US corporation have set up corporations and mock HQ's overseas.
Dropping the rate might bring them back but they're not going to take those additional profits and create jobs with the money. They've learned to make do with less people and it's working. They're making record profits in this lousy economy and not creating jobs. What incentive do they have? None.
It's a fools errand to hope they come back and do something for the good of the country. If they really wanted to they would not have left in the first place. Their first and only obligation is to their shareholders...and many would say rightfully so.
Debt ceiling is just the symptom, it is not the problem. raising it just kicks it down the road. Sooner or later, and it looks like sooner we have to live within our means.
I'm for a simple amendment that we can only spend 10% less than we take in each year. Harsh and draconian, yes. Necessary or we face far worse.
The manufacturing ain't coming back. Time to adapt or die. Seems like Moodys is already going to downgrade, and rightly so.
Total government liability at all levels is $53 Trillion. Add in unfunded entitlements going forward and Present value is $100 Trillion. Do we really need to need to find out what comes after Trillion?
It’s a Quadrillion.
Why do we have a debt ceiling? It doesn’t control anything.
Spending is controlled with spending bills and guided by
budgets. A debt ceiling is only another excuse for political posturing and to
generate scare tactics. It is of no real value.
Spanky,
10% less sounds really reasonable. Leaves some room for fluxes in revenue as the economy changes.
Manufacturing as we knew it is dead. Manufacturing needs to be reinvented to 21st century products...technology, green energy, etc. Why aren't we doing that?
Moody's threat is only a threat and we both know that. Default on Treasuries and that's a different story.
I don't think we can estimate how much we take in each month and how much we spend. Seems we come up with a difference number that's always negative.
Again, raise the ceiling one mo time, freeze it and start cutting. Fiscal budgets need to be balanced. That's an amendment i can live with.
Hope you and Mrs. Spanky have a good weekend.
The very conservative Ryan budget adds several trillion to the National debt over the next decade so we better raise it enough to cover all of that new debt if you say "one more time".
Dennis, Columbus, Ohio
The very conservative Ryan budget adds several trillion to the National debt over the next decade so we better raise it enough to cover all of that new debt if you say "one more time".
.........................................................
Raise it now to cover known expenses we will incur in the current fiscal year. No additions.
Just checking because you said “one more time” like you
meant never again.
How about my earlier question in 14.3 above?
But Mr. President, WE WANT IT, AND WE WANT IT NOW!!! We are spoiled and impatient Americans! And, Mr. President, if you don't do it NOW, we will call you and your family bad, filthy names, some will tell horrid lies about you and throw a temper tantrum. We don't care how difficult it is, WE WANT EVERYTHING NOW!
Remember...thanks to the Internet, people around the world are able to read our posts.
It's not business that create jobs; the market does. When you have demand and a way to pay for that demand, it creates the need for more production; which in turn, creates jobs.
Mr. Boehner...get a clue. Tax breaks and credits have never created jobs. But, hey, if you really; I mean really, really want them, you are going to have to guarantee the American people it's true by tying any future tax cuts and / or tax credits to job creation. I'm talking jobs that pay a living wage; not minimum wage. Are you willing to go down that road? If not; please have the courtesy to put a clamp on it.
The job situation is like a cancer, if it is caught in it's early stage it is preventable. This situation did not start in the Obama administration and will not end in his first administration. Prior to November 2010, the Obama adminstration was able to put a bandage on job creation to stop the bleeding; but now the responsibility lies on the House to create an environment that will produce jobs and at this stage in the game that is not about to happen. These people need to be voted out.
how about honest answer how many of you guys truely hopes the country goes down the tubes just to get a repb next election..... your willing to ruin this country so your guy can get in power.....john wayne once said i believe of jfk that "he's not my guy i didn't vote for him but he's my president and i hope he does well."
Marc,
We all have a stake in Obama's success. He has shown that he is totally incompetent and unfit for the job. This was never meant to be a training/under-fill position. He had to hit the ground running, but he stumbled out of the starting gate, and never did get on his feet.
If he were smart, which, of course, he isn't. But, If he were smart, he would embrace and work with the esteemed Republican party to cut the enormous fat out of our government. There is waste everywhere. Reform the tax code and give some economic certainty for small businesses to set their anchor in. Then they might consider expanding that plant, and buying that new machine, and adding to their workforce.
Right now, they are scared. The last thing they want is to be forced out of business. Survival comes first in the business world.
Truly seal the Southern Border with Mexico. Start the mass deportations of all those millions of illegals. (first you fix the hole in the boat, then you bail out the water)
Do whatever he has to do to get out of Iraq, Afghanistan, and Libya. Use those personnel to seal the border.
Pass a balanced budget. NO DEFICIT SPENDING. Start making payment on the National debt. Doesn't have to be huge, but reverse the spending trend.
The budget should be handled like this:....Here's what we have to work with, this is all we have, let's do our best with this.
If he did even half of these things, I, Of all people, would vote for him in 2012.
rush limdick admitted as much ...hopes of obama's failure....
Not of his failure Marc, that's a foregone conclusion. But of his defeat at the polls in 2012. That is a necessary pre-condition to economic recovery.
The doctor can't operate if the disease is still eating away at the flesh.
Remove the Obamavirus first, them cure the patient.
, i can't belive obama ran up 15 trillion dollars debt in a year and a half....oh that's right it took 53 years.... both reps and dems.....i got to give him credit after the financial collapse when it looked like global depression and it did to many, two wars no end in sight bin ladin still lose...losing 750,000 jobs a month...he had the balls to step out on the field. while you nutballs do everything you can to undermine him yes true patriots true americans .. maybe south americans
sorry south americans you're better than that
how much do you think this rep. manuevering this week pretending to vote against the debt ceiling cost the us economy? the markets down 5%... THE economy works on consumer confidence...how much it it cost your 401 your retirement fund....really kinda unfunny ....think about it...conservatives....i call it the fox news affect...keep everyone worried.....people hold on to their money consumer spending is 66 perconet of econ...whoa is me...the sky is falling.... answer billions have been loss... and ha ha it's your money keep being an accomplice....
riddle me this conservatives, how is the ryan plan anything if not garbage if it's not feasible...once again the plan depends on senior under 55 me. by the way to in 10 years to get private insurance. no right minded cfo of health insurance company who's goal is not health they are profit center...is going to sell me insurance at a rate that i can afford why because i'ld lose them money at any price...i'm old silly...the only one dumb enough is the goverment...thank god....damn folks i've had a few drinks but i can make a plan that doesn't work ...but silly people this doesn't work on it's face not deep down in the details the premise is faulted...or am i wrong do health insurance company want me at 65....
sorry huff,we don't want you now.Emigrate to Europe and try and qualify for your beloved Socialized medicine there.
you think the ryan doesn't know this or they trying to blow this by all of us.....how dishonest would that be...
And the liberals just keep blaming it all on Bush. All I can do is shake my head.