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Subscribe to RSSDespite the recent spate of troubling economic news -- unemployment notched up to 9.1% in May -- White House Press Secretary Jay Carney, said he did not expect the president to retool his message, that recovery takes time.
In his daily briefing, Carney said many analysts “still believe we’ll have steady economic growth during the second half of this year.” Carney also reiterated the idea that the President has steered the country out of its most serious economic crisis since the Great Depression by creating two million jobs over the past 15 months.
When NBC’s Mike Viqueira asked Carney if the administration risked seeming “sanguine,” Carney quickly shot down the notion.
“We’re not remotely sanguine about the economy," he said. "We are still in a hole that we need to continue to dig out of caused by this recession."
Earlier Thursday, Bloomberg reported the Obama administration has been discussing a temporary cut in the payroll taxes that businesses pay on wages. Carney called the report “conflated” and reiterated that the payroll tax for employees was enacted less than six months ago. Carney also said there were a lot of ideas that are currently being “bandied about.” Obama has talked about his desire to make permanent a research and development tax credit and tax credits that would create more jobs.
This comes as Vice President Joe Biden and top lawmakers from both parties met for a sixth time to discuss ways to increase the country’s legal borrowing limit which expires on August 2nd. Republicans are seeking spending cuts that would offset an increase in the $14.3 trillion debt limit, but Democrats have expressed opposition to the Republicans' plan to cut Medicare.
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But WE WANT OUR MACARONI AND CHEESE!
and we want it RIGHT NOW!
(Anyone else remember the whiners on SNL?)
To instant gratifiers,...a year ago wasn't enough. People are in massive denial about how bad it REALLY was,...
It took us at least 8 years or more to get into this pickle and most economist say it will take 4-5 years (minimum) to recover (they do not say fully recover). Of course that assumes both parties work together. If you have one that is not interested in creating jobs and stimulating the economy then it will take substantially longer.
Clara KCMO:
I fear you are incorrect. There is no question that people don't know how bad the state of our economy and the world's REALLY was. The problem is that it is not much better - if at all - right now, and the state of denial continues.
Until people realize that this economy must be hammered into a transition, we are in terrible trouble, and could conceivably tank. That there is actually a discussion about refusing to raise the debt ceiling shows the level of denial, if not outright stupidity.
We really don't have much time, and although I am an Obama fan, he is not doing us any favors by not telling us the horrible truth. We are in for some very rough times, even if we take the only realistic course, which is to raise taxes, cut spending, and root out as much waste as possible.
There is no other answer, and yet the majority of Americans believe we can solve this with no pain, with tax CUTS for Pete's sake, and/or no change in our spending habits, or simply sprinkle the country with Pixie dust.
This may not matter. I'm going to try a new recipe - I'm making it up - for dinner tonight, and I may not live beyond this evening.
LoL Be sure to make some extra to share. We're a very hungry group here.
Clara - did you say Mac & Cheese? Mmmmmm GOOD!
I can't get enough of the stuff especially 'mac & cheese' balls! YUMMM!
mac and cheese balls? what are they?
OMG! You haven't had mac & cheese balls kirby? They are the VERY best!
Here's the recipe!
Fried Mac and Cheese Balls
Ingredients
Directions
Cook the macaroni according to package instructions. Drain and rinse with cold water to stop the cooking. Drain again and set aside.
In a saucepan, melt the butter over medium heat. Sprinkle the flour into the butter and stir it with a whisk. Cook for 2 minutes. Whisk the warmed milk into the flour mixture, working out any lumps. Cook until the sauce thickens, about 2 minutes. Remove from the heat, add the cheeses, and stir until melted and smooth; season with salt and pepper. Fold the cheese sauce into macaroni. Pour the mac and cheese into a shallow pan and refrigerate until cold, at least 2 hours.
Shape the cold mac and cheese into meatball-sized balls and place them onto a waxed paper-lined tray. Freeze the balls overnight.
Beat the eggs and 2 tablespoons milk together to form an egg wash and pour it into a shallow bowl. Put the bread crumbs into another shallow bowl. Remove the mac and cheese balls from the freezer. Dip the frozen balls into the egg wash then into the bread crumbs. Put the balls back into the freezer until you are ready to fry.
Heat the oil in a deep-fat fryer to 350 degrees F. Fry the mac and cheese balls until they are golden brown and center is hot, about 5 minutes. Serve hot with your favorite marinara or Alfredo sauce or combination or both for dipping.
"Republicans are seeking spending cuts that would offset an increase in the $14.3 trillion debt limit, but Democrats have expressed opposition to the Republicans' plan to cut Medicare."
OK - Then where do the Democrats propose we cut spending? Leadership involves more than merely saying "Nope, can't cut that".
Thanks feisty. That does indeed sound good. The gouda is what makes it special, isn't it?
Macaroni guys:
Dinner's ready in about 15 minutes - this means I could live 20 minutes, perhaps more. If it's good, I continue as Domestic God.
Try this with Macaroni:
Get a box of the cheap stuff at the store - you know with the cheese mix inside. Doesn't have to be Kraft. Make the stuff, add your own cheese - the lotser the gooder. Then add a can of mushroom soup. Gotta use Campbell's, the store brands are just plain icky. DO NOT ADD WATER. I like to add onions. My spousal unit hates onions. I keep some off to the side and throw 'em in for myself. Then, if you can find them, Oscar Mayer makes these things called Smokies. Cut 'em up and render them in a microwave. Toss them into the mix and heat the whole magilla in the microwave. (I haven't been able to find the Smokies in a while. The store guy says they don't make 'em any more. Cretins! Fortunately, I had stockpiled them, although I'm out now. However, Nathan's makes those little Smokies that are ridiculously wonderful and artery-hardening. They work fine.)
You will be a hero to your children and grandchildren, and they will forgive you for the horrible debt you are laying on them as well as the filthy air, water, and soil.
Feisty:
Even though your recipe is a trifle light on the cholesterol - sorry, I don't have a sarcasm font - that sounds mighty fine. I might have to try that stuff.
@Kirby - you're welcome! It's one of the things that should be a MUST on your bucket list! You're right about the Gouda.... me? I never bother with the dipping sauce - you don't need it!
@David - the only thing I would add to that is some fresh tomato's... ;o) Oh and kielbasa also works when you can't locate the smokies!
You're talking to me about cholesteral? LOL ;o) It's all good!
Roy,
That's it in a nutshell. They don't want to cut anything. Nothing. Nada, zip.
Why do you think they always talk about increasing revenue?? Thats to "offset" any cuts. Get it?? It's like spending a dollar then borrowing a dollar from you so they still have the dollar. Great liberal math.
Mac and cheese with good gruyere, a bechamel sauce, tomatoes and a bread crumb topping is the food of the GODS.
I just died and went to heaven Anna Molly - although, I'm still doing some ribs & fresh corn tonight with a side of mac & cheese! ;o) Mmm Mmm Good!
You're not quite as brilliant as you may think, Edward. To save Medicare and Social Security, the best thing you could do is to make cuts in other non-essential programs and raise additional revenue to further close the gap. It might be non-sum-zero on paper, but in reality, it makes quite a difference. It ain't liberal math -- it's practical math.
If you can wait four hours or so, I can get there, and by the time I do, I'll be hungry. LoL
Well, I didn't have all the fixins' for the feisty recipe, but Stouffers does in a pinch with roasted asparagus and new york strip on the barbie.
Okay, David, so we always put the lil smokies in the cheap biscuits for the kidlets for weekend breakfast treat. But our kids' absolute FAVORITE menu is Turkey keilbasa cut in rings and sauteed until hot then add two cans of pinto or red beans with the juice until hot,...meanwhile cook 2 cups of bulgar wheat and steam a head of broccoli. this is like 15 grams of fiber and 30 grams of protein. My kids eat every bite and there is never any leftovers, ever! We've tried doubling the recipe to attempt to have a lunch and they just keep eating it.
PS. ANY cheese makes EVERYTHING better! The cheesier the better! I have the best white wine and emmenthaler fondue recipe, yummo!
OMG Emmenthaler is the cat's pajamas on a reuben or a rachel.
*burp*
I saved you some leftovers Anna Molly! lol
Todd and Wendy Whiner. Yes- I remember them well. tea baggers (uh, 'bag-EES') I belive.
Geez- you mean a whole country the size of the USA, pulled from the brink of a depression, can't make it back on top in just 2.5 years? Well, shoot- where's all this 'exceptionalism' I keep hearing about??
You mean the "recovery summer" is next year? Did anybody tell Joe Biden? By the way, where is Joe Biden?
Or maybe the summer after that one......We'll let you know.
one place the pres. can reduce spending is to cut about 1000. new gov jobs that he added when he took office, also give back the extra 73% of new lemos at a unit price of 55.000 dollars each since he took office, and I think both sides should lose thier high dollar health ins. and buy thier own ins. also we the people should not have to pay thier salaries for the rest of thier lives,if they want retirement let them save for it like the rest of us.If obama care does make it then thier should be none of these free passes to obama and pelosi;s union buddies no matter how many votes it cost him,I mean isn;t the saveing of americas economy more important now than worrieing if he going to get elected for a second term I mean his job is still to be our president now, not toserve two yeaRS THEN START running again.If he would have started off on jobs as no. one instead of healthcare he might of had a chance of getting reelected.
...and a temporary 2% reduction in the payroll tax is going to do that? That's going to create jobs?
Permanent R&D credits. Those would be some of the subsidies that everyone wants to eliminate so that Corporations will pay more taxes. He was on the other sides of that a week or 2 ago.
Love the "bandied about" and other tax credits. Very specific.
A plan, we need a specific road map that we can begin the journey on.
Exactly so, Groucho. Exactly so.
Groucho:
I do not think the 2% reduction in payroll taxes for the employer is going to do anything other than maybe grab a few votes. We need Spending Cuts, an increase in revenues and JOBS. Actually a lot of jobs will go a long way to ease the revenue problem assuming they are decent paying jobs and not all McDonalds.
AN infrastructure Bill would be my choice as it would create well paying construction jobs and much needed support jobs that require skilled labor as well. And the Mom and POP stores and the real small businesses (not the Koch Brothers) would have more customers to buy their products and services and they will do better profit wise and maybe hire a few new employees as their business grows again. All this creates revenue at both the Fed and State level. Everybody wins.
Our President tried this once and the GOP blocked it.
Don't forget, Republicans have to cooperate with those ideas, subsidies, higher taxes for business and that's "off the GOP table".
US Navy Disabled Veteran - Retired..
The trouble with infrastructure jobs is that everyone makes it sound like you pick up a shovel and a pick and go at it. That you're an expert in construction. You need to be trained to operate machinery, etc. Surely not an instant fix.
Corporate tax credits should be issued for US corporations that hire skilled workers. Not just bringing back overseas jobs but creating real white collar jobs for professionals.
We have the lowest excise taxes in the world, around 2%. China and India are well over 20% and I believe China is at 40%. Raise excise taxes and generate billions.
Not this 2% payroll tax stuff. Reminds me of the gas tax holiday McCain proposed.
Groucho - been involved in construction for many years. You are correct in your assessment of what infrastructure repair takes. It takes far more skilled labor than many think. Equioment has replaced much of the hard labor. Those doing the manual work have to be physically fit and be prepared to work under mandated safety requirements.
Your comment on tax credits for hiring skilled workers begs the question of what role retraining takes?Seems that many have forgotten the role of what those 55 and older have to offer companies as well. Yet because of many applicants for to few jobs, our most experienced workers are not being hired
Dear Mr. President:
I understand the strategy in making that statement now because you have realized -- and you have to condition voters accordingly -- that unemployment will not be back to 7 percent, or even close, by election day in 2012.
But those words -- it takes time -- are going to come back to bite you for the exact reasons that Clara has laid out so eloquently in her post above. People don't want to hear that, and for sure they won't want to hear recordings of it in October, 2012, when they're still suffering.
Better to show them exactly what you are going to do to speed up the recovery. And a little bit of job training is not going to cut it. It is getting to be time -- maybe past time -- for REALLY bold measures, especially if you want those measures to have any chance of working by next year.
Please ... at least make the effort. Let the Republicans defy you, as you know they will. But then they'll have to live with that. What you didn't learn from the HCR debate you need to learn now. You don't start in the middle. Republicans will not give you any credit for compromising. You need to thump your bully pulpit and end this impasse, one way or the other.
Your pal forever, Anna Molly
I am beginning to think President Obama is a bigger flip-flopper than Romney.
You are right Anna, he needs to come up with something and stick to it. The constant vacillation is bad for the markets and bad for consumer confidence.
Anna Molly:
Could not agree more. The time of wishy washy has long gone by. We now want to see something done, period. If not then the people will look for someone who will. It is that simple. Has nothing to do with being a dem or a rep, I think that argument is also long gone. Most people do not care who does the job as long as the job does get done and the constant lies stop. We are tired of being pawns in their chess game.
Navy,
Careful Navy. I took a boatload of fish for criticizing Obama...no pun intended.
It's our obligation as citizens to want the best for the country whether it be D or R.
You're absolutely right.
Navy ~ How right you are. There's a line from THE AMERICAN PRESIDENT that occurs to me now:
http://www.americanrhetoric.com/MovieSpeeches/moviespeechtheamericanpresident.html
I'm really afraid that the President has slipped into exactly this mindset. Perhaps he realizes how high the stakes are and how disastrous it would be if he loses, and therefore he is vascillating, as you say, because he is so afraid to be wrong. But, ironically, right now he seems to be following a course of inexplicable passivity that will eventually make him what he fears most to be -- a one-term president.
Anna..
That was a superb analysis.
Obama has just given up. He owns the economy, and anything he's tried, he's failed. Spending trillions, and for what? Nothing. Cash for Clunkers, Housing credits, Stimulus, bought GM out and lost a ton of money, Quantitative Easing 1, 2 , and yes, soon 3. Tax cuts for the rich, tax cuts for social security, spend, spend, spend. Nothing. 9% and rising unemployment. Added to the debt, just as much debt as Bush accumulated in 8 years, Obama will accumulate in 4 years $4/gal gas. People on unemployment for 99 weeks and them wondering what they'll do when that runs out. Any jobs added are part time and/or cooking frys. Obama is just a big pile of nothing.
What's he going to run on next year? He successes? Like his HCR? The one everyone hates? Obama has nothing. Sure bin Laden got his, but that doesn't put food on the table for anyone. The country is looking for more than someone that gives a good speech. Obama is what we thought he was, an inexperienced political hack that doesn't have a clue on how to run a lemonade stand, let alone a country.
The danger for Pres. Obama would be if one of the republican candidates actually came up with a plan that involved reasonable spending cuts combined with reasonable tax increases. It hasn't happened yet, and it may not happen, but that is just the type of plan folks are waiting for. If Romney or Pawlenty come out with such a plan, Obama will be in real trouble.
You're right-on about that, Indy. But Rush declared Romney dead over climate change, and what Rush says goes. Pawlenty doesn't have the personality, and his history in Minnesota, which now has the 4th or 5th worst deficit, will dog him. I'm not sure he can even win Minnesota.
Anna - interesting analogy. During my manufacturing days we referred to it as...
“When you’re up to your eyeballs in alligators, it’s hard to remember that you came to drain the swamp.”
Source unknown, but the message is clear, one has to maintain focus and not jump from issue to issue.
Rhetoric works fine when campaigning, but not after the campaign is done.
I completely agree with Jay Carney.
Economic recovery will take time.
Judging from the current Administration's efforts and subsequent results to date, it will will likely begin sometime after President Obama leaves office.
Well isn't that special. I guess the country should just continue to suffer while the Obama administration stumbles around trying to figure out what to do.
His top economic advisor quit. Who is advising him now?? Reverend Wright?? Moochelle??
Being an inexperienced nobody wasn't bad enough. He had to surround himself with such an inept crowd of yes men that, of course, nothing works.
Edward..... dont you know that the unions control obuma and geoge sorass controls the all the liberal biast news ,what was it about 58 million he just shelled out to msnbc and all the smaller stations to run down fox, he knows all of them put together cannot compete with the rateings but he has plenty to throw around,its to bad he does;nt give it to the people in joplin.
Patience in an impatient, high-speed Internet world where instantaneous results are available with the click of a button. Most families plan for rainy days by saving money whenever they can. How much did the Bush/Cheney administration save for future US rainy days? The answer is zero; in fact, they lived on the credit card.
In 2001 when President Clinton left the White House, he left a balanced budget and a surplus for paying down the debt. It was projected at that time that if taxes remained the same, in 10 years (2011) the United States would have a $5 trillion dollar surplus and no debt. Of course, crises and uncertainties would affect that $5 trillion estimate. No matter how you slice it, the policies of President Bush and the GOP legislators who never paid for anything they passed during the Bush years, dug this deep hole; their policies of spending cuts right now are digging secondary State holes next to the Bush crater. Unfortunately, America and Americans are paying the price for the irresponsible policies of Bush and his GOP helpers.
Sure Jody, we get it. Everything is/was and will be Bush's fault. I know this is hard for you to believe, but Bush is out of office and has been for 2 1/2 years and the continued drum beat about it being his fault isn't working for anybody except the apologists for Obama.
Perhaps you would have some credabilty if the dems hadn't spent his first year working on HCR to the exclusion of almost everything else.
We have a President who is honest and he gets crucified for telling the truth. If he paints a rosy picture he's lying. How long will the repugs argue over the cuts instead of talking about jobs?
They should be working with the President to create jobs; not distractions and being elusive about creating jobs and moving this country's values forward.
kirby, we're not saying everything is Bush's fault. What we ARE saying is that it is not ALL Obama's fault.
Neither is it ALL Obama's responsibility to fix. It will take commitment and effort from all sides. If the GOP/TP are intent on continuing to stonewall, then we all lose.
fielden -
I absolutely agree that it is everbodys job to fix this mess.
The GOP is partly responsible for the recession and partly responsible for not helping to fix it. So are the dems.
If you read Jodys post you see the same old mantra. How does that help fix anything?
Beverly??
How does Obama paint 9.1% unemployment into a rosy picture??
Jody of iowa - and clinton had a republican controlled congress, and the tech boom economy to keep a high flow of revenue coming in.
Funny isn't it that the democrats have controlled congress since 2006 and we have only had republican controll of the house since jan 2011.
I see that you have run and hid from responding to kirby. Both parties + the American people (that means YOU AS WELL JODY) have a share in the blame. To you and many other FR liberals it will always be the fault of the right. Fortunately for the rest of us, you prove the adage that stupidity is forever
“We’re not remotely sanguine about the economy,"
________________________________________________________________________________________________________________
1-cheerfully optimistic, hopeful, or confident: a sanguine disposition; sanguine expectations.
2-reddish; ruddy: a sanguine complexion.
http://dictionary.reference.com/browse/sanguine
Not exactly Jay's defining moment...
socialjustice
I think you are correct.
The difference between no debt in 2012 and at least 10 trillion in debt is George W. Bush with a Republican Senate and Congress from 2000 to 2006.
Republican President Eisenhower maintained a 90% top tax rate, used the National Guard to desegregate Public Schools, proposed Universal Health Care and massive Government infrastructure spending.
Repeal the Bush Tax Cuts for EVERYONE = 4 Trillion over 10 years.
Repeal the Reagan Tax Cuts for the top 2% = 4 Trillion over 10 years.
Repeal NAFTA = Prosperity with Middle Class jobs and a Stable Middle Class tax base.
Republicans gambled with their Tax Cut Plans since 1980. They were wrong. Results Matter.
Don't reward them by killing future Seniors by lack of Health Care.
Reverse the failure.
Normalized to 1979, the top 1% have seen their share of America's income more than double. The bottom 90% have seen their portion shrink.
Source: Afferent Input
http://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4
"The test of our progress is not whether we add more to the abundance of those who have much;
It is whether we provide enough for those who have too little."
President Franklin Delano Roosevelt
http://www.wheelmeon.org/roosevelt.html
According to thisCBO report dated January 2001,
We were on track to eliminate our debt by 2012.
From 2002 through 2011, CBO projects rising surpluses under current policies. Total budget surpluses, by CBO's estimates, would grow from about 3 percent to more than 5 percent of GDP, and on-budget surpluses would climb from over 1 percent to more than 3 percent (see Table 1-2).(3) Under current policies, total surpluses would accumulate to an estimated $2 trillion over the next five years and $5.6 trillion over the coming decade, and would be sufficient by 2006 to pay off all publicly held debt that is available for redemption. Within those totals, on-budget surpluses would climb to nearly $1 trillion over the next five years and about $3.1 trillion over the 2002-2011 period; five-year and 10-year totals for off-budget surpluses would be about $1 trillion and about $2.5 trillion, respectively. Off-budget surpluses alone would be sufficient to eliminate the available debt by the end of the 10-year period.
http://www.cbo.gov/doc.cfm?index=2727&type=0&sequence=2
The following are 19 facts about the deindustrialization of America that will blow your mind....
#1 The United States has lost approximately 42,400 factories since 2001.
#7 The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.
#8 According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.
#9 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.
#11 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.
#12 In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.
#13 The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.
#15 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.
#16 Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.
#17 The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.
#18 One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.
#19 The U.S. Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept.
http://theeconomiccollapseblog.com/archives/19-facts-about-the-deindustrialization-of-america-that-will-blow-your-mind
...In findings echoed by other economists and studies, he said the study shows the fastest way to infuse money into the economy is through expanding the food-stamp program. For every dollar spent on that program $1.73 is generated throughout the economy, he said.
...The report pointed to expanding unemployment benefits as the program that gets the next biggest bang for the buck. That's because, although the unemployed are already getting checks, they need to spend the money. For every dollar spent here, the economy would see a return of $1.64, Zandi said.
...Finally, Moody's report says business incentives such as tax breaks for buying new equipment - so-called accelerated depreciation - would give the least bang for the buck and potentially provide the slowest infusion of money. A dollar spent there would generate only 33 cents in the economy because, Zandi said, it takes longer for businesses to implement any benefit received.
http://money.cnn.com/2008/01/29/news/economy/stimulus_analysis/index.htm
"The only limit to our realization of tomorrow will be our doubts of today - Let us move forward with strong and active faith." ---President Franklin Delano Roosevelt
http://www.wheelmeon.org/roosevelt.html
“How many times do you have to get hit over the head before you figure out who’s hitting you?”
Harry Truman
http://trumanlibrary.org/publicpapers/index.php?pid=1814
This article says it all. When political parties stop doing whats right for the Nation and do what they think will benefit their reelection they need to be treated as out casts
becks72 - If zamndi's multiplier was right than our economy should have had a tremendous stimulas. Because his same multiplier would have worked for anyone whether collecting unemployment or be employed whether rich or poor that spent money in America. In feb/march 2011 mike mcKee (head of economics desk at bloomberg) put that multiplier closer to unity.
Since we are now part of a global economic community , only by developing a product or service that can be exported overseas at a price they and the american consumer are willing to pay will more jobs then be created in the US.
It is only a pipe dream thinking that jobs can be returned to America thru legislation.
There are only three major issues that justify spending more than incoming revenues.
Foriegn disaster aid may be a minor 4th item. Anything else should be backed and adjusted accordingly by existing revenue or by raising revenue specifically to cover the expense.
The idea that any one political party is to blame is ludicrous.
You can look to Illinois to see how the liberal policies work. They implemented huge tax increases on the “Rich” to cover their deficit without spending cuts, now major employers such as Caterpillar are threatening to leave the state and move operations to states with better tax rates. The governor is now paying these companies to stay. This will end up with a net loss of revenue for the state making things worse than when they started. Who gets screwed? The citizens of Illinois. Either in higher taxes or lost jobs. This is a real life example that taxing the rich will not work. The dems have no clue how the economy works or how to fix these problems.
One of the most difficult moments we all have to face is that we were wrong. But it's time to spit it out and get on with saving this country. Obama was inexperienced, inept, incompetent and has failed dismally. He has put us into debt beyong imagination. He and Michelle travel the world while our country falls apart. Let's respectfully say goodbye to Obama and hello to a new administration.
White House: Recovery takes time
Translation: The recovery will take as long as the voters continue to allow Obama to stay in office.
Don't expect the economy to get any better when the Obama administration strategy is to deficit spend US into oblivion. With all the finger pointing Obama has done at Bush for spending too much and "getting us into this mess", Obama hasn't been able to heed his own words. To the contrary, he moved a giant backhoe into the Bush/Dem Congress ditch and started digging furiously with no end in sight.
Hey Union members, what do you think will happen to your jobs if Obama gets his way and we legalize 10 to 20 million illegals? Do you think they are going to want to keep working those jobs "Americans don't want" or will they be looking to compete for your job once they can legally do so. And who will then do the jobs "Americans don't want", another round of illegals!!!??? And who will be footing the bill for the entitlements those legalized illegals that are not able to get jobs/take yours? That's right, you. Welcome to Obama's vision for you. Less job opportunity, more taxes and less pay, as unions are forced to lower their wages and benefits to compete against non-union workers and longer waiting list on the union job rolls as some of the former illegals join your ranks. What a wonderful world it will be for you.
It took George W. Bush 8 years to totally screw up everything accomplished economically by Bill Clinton's administration. Clinton was able to do that while being burdened by Newt's Gingrich's impeachment thing. Which of course Newt's habits mimic Bill's don't they?
So now the GOP is going to burden Obama by stonewalling everything he try's to do to fix Bush's mess. And Obama gets what 2 years....to clean that up??
Give us a break!!
When is the GOP going to start acting like the patriot's they claim to be?? They let this happen for 8 years!! And now they blame Obama???
Since Obama's plan is to deficit spend well beyond anything Bush ever dreamed of, I don't see how you can be in favor of giving that a chance. It simply digs the hole even deeper and at a excellerated pace. When the Dems and Obama come up with an actual plan they can start attacking the Repubs, but until then it's just a bunch of whining from idiots playing politics, while this country teeters on the brink of collapse. But since you are so supportive of Obama, you tell us, what is the plan that will stop the deficit spending and get US back on track?
“We’re not remotely sanguine about the economy," he said. "We are still in a hole that we need to continue to dig out of caused by this recession."
if you are in hole why do you continue to dig? try climbing you idiots!
Cash flush corporations are not hiring. Their expansion will be in countries with low wages and high growth.
Not taxing them will only reduce the federal income. States can not accomplish this it would just pit one State against another fighting over scraps.
This is not a new situation trickle down economics does not work never has although desperate people want jobs. The answer might be found by what worked for Germany. We need the Government, Unions and management to sit down and solve the problems of the loss of American jobs.
Corporations have little choice but to cooperate faced with taxes and end to subsidies and tariffs. It takes both political parties to accomplish this and in my opinion won't work if the GOP is one of the parties. They do not represent the people anymore.
The issue is jobs, jobs and more jobs !
THIS SENIOR CITIZEN NAILED IT!!!!!!!!!!!!!!
While I tend to agree that SSI is a collossal failure, should never have been created and is a complete ponzi scheme fraud....
Here's a response in a letter from a unknown fellow in Montana... I think he is a little ticked off!
He also tells it like it is !
"Hey Alan, let's get a few things straight..
1. As a career politician, you have been on the public dole for FIFTY
YEARS.
2. I have been paying Social Security taxes for 48 YEARS (since I was 15
years old. I am now 63).
3 My Social Security payments, and those of millions of other
Americans, were safely tucked away in an interest bearing account for
decades until you political pukes decided to raid the account and give
OUR money to a bunch of zero ambition losers in return for votes, thus
bankrupting the system and turning Social Security into a Ponzi scheme
that would have made Bernie Madoff proud.
4. Recently, just like Lucy & Charlie Brown, you and your ilk pulled the
proverbial football away from millions of American seniors nearing
retirement and moved the goalposts for full retirement from age 65 to
age 67. NOW, you and your shill commission is proposing to move the
goalposts YET AGAIN.
5 I, and millions of other Americans, have been paying into Medicare
from Day One, and now you morons propose to change the rules of the
game. Why? Because you idiots mismanaged other parts of the economy
to such an extent that you need to steal money from Medicare to pay
the bills.
6. I, and millions of other Americans, have been paying income taxes our
entire lives, and now you propose to increase our taxes yet again. Why?
Because you incompetent bastards spent our money so profligately that
you just kept on spending even after you ran out of money. Now, you come
to the American taxpayers and say you need more to pay off YOUR debt.
To add insult to injury, you label us "greedy" for calling "bull@!$%#" on
your incompetence. Well, Captain Bull@!$%#, I have a few questions for
YOU.
1. How much money have you earned from the American taxpayers during
your pathetic 50-year political career?
2. At what age did you retire from your pathetic political career, and
how much are you receiving in annual retirement benefits from the
American taxpayers?
3. How much do you pay for YOUR government provided health insurance?
4. What cuts in YOUR retirement and healthcare benefits are you
proposing in your disgusting deficit reduction proposal, or, as usual,
have you exempted yourself and your political cronies?
It is you, Captain Bull@!$%#, and your political co-conspirators called
Congress who are the "greedy" ones. It is you and your fellow nutcases
who have bankrupted America and stolen the American dream from
millions of loyal, patriotic taxpayers. And for what? Votes. That's right,
sir. You and yours have bankrupted America for the sole purpose of
advancing your pathetic political careers. You know it, we know it, and
you know that we know it.
And you can take that to the bank, you miserable s o b.
If you like the way things are in America, ignore this.
If you agree with what a fellow Montana citizen says,
Obama needs to get together with Gov. Scott, he claims to have created 50,000 jobs. It matters not that most of his claims are unequivocally wrong and the only jobs created by any project were Charlie Crist's, but truth no longer matters in politics.