A Really CRAPPY Idea

On October 21, 2011, in Barack Obama, Uncategorized, by TrevorLandon

Rosa DeLauro (D-Conn) has introduced the “Diaper Investment and Aid to Promote Economic Recovery” (DIAPER) Act. I wish I was kidding. This “Act” will provide free diapers to “needy” women who put their infants in day-care. DeLauro said: “No family should have to choose between buying diapers for their child or buying groceries” (actually, if

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A Really CRAPPY Idea

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The Cost of Uncertainty

On October 6, 2011, in Barack Obama, Congress, by Markisacopyrightthief

In Bloomberg View, the economists

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WOLF: Barack Obama’s desperate Hail Mary

On September 21, 2011, in Barack Obama, by apgreco

“We are witnessing the unmistakable collapse of an American presidency.” I wrote those words in this space almost one year ago, and events continue to prove them true. It seems the president himself now recognizes this reality. Thus his desperate Hail Mary. The second Summer of Recovery failed to materialize, …

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WOLF: Barack Obama’s desperate Hail Mary

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GOP Leaders Urge Fed Not to Take Action

On September 21, 2011, in Barack Obama, Congress, Uncategorized, by Markisacopyrightthief

Top Republican congressional leaders, in a rare effort to directly influence Fed policy, expressed reservations about the central bank taking additional steps to spur the recovery, saying further action could harm the economy. See more here: GOP Leaders Urge Fed Not to Take Action

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GOP Leaders Urge Fed Not to Take Action

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This speech sounds pretty much exactly like all his other failed speeches. Pretty much every job he talks about, just like in 2009, 2010, and 2011 are government jobs or jobs dependent on government. The purpose of the American Jobs Act is simple: to put more people back to work and more money in the pockets of those who are working. It will create more jobs for construction workers, more jobs for teachers, more jobs for veterans, and more jobs for the long-term unemployed. It will provide a tax break for companies who hire new workers, and it will cut payroll taxes in half for every working American and every small business. It will provide a jolt to an economy that has stalled, and give companies confidence that if they invest and hire, there will be customers for their products and services. You should pass this jobs plan right away. and Building a world-class transportation system is part of what made us an economic superpower. And now we’re going to sit back and watch China build newer airports and faster railroads? At a time when millions of unemployed construction workers could build them right here in America? and on and on and on. But there’s no sputnik moment this time. Compare, again, to his previous speeches: February 24, 2009: Over the next two years, this plan will save or create 3.5 million jobs. More than 90% of these jobs will be in the private sector – jobs rebuilding our roads and bridges; constructing wind turbines and solar panels; laying broadband and expanding mass transit. Because of this plan, there are teachers who can now keep their jobs and educate our kids. Health care professionals can continue caring for our sick. There are 57 police officers who are still on the streets of Minneapolis tonight because this plan prevented the layoffs their department was about to make. Because of this plan, 95% of the working households in America will receive a tax cut – a tax cut that you will see in your paychecks beginning on April 1st. Because of this plan, families who are struggling to pay tuition costs will receive a $2,500 tax credit for all four years of college. And Americans who have lost their jobs in this recession will be able to receive extended unemployment benefits and continued health care coverage to help them weather this storm. January 27, 2010 : As a result, millions of Americans had more to spend on gas and food and other necessities, all of which helped businesses keep more workers. And we haven’t raised income taxes by a single dime on a single person. Not a single dime. (Applause.) Because of the steps we took, there are about two million Americans working right now who would otherwise be unemployed. (Applause.) Two hundred thousand work in construction and clean energy; 300,000 are teachers and other education workers. Tens of thousands are cops, firefighters, correctional officers, first responders. (Applause.) And we’re on track to add another one and a half million jobs to this total by the end of the year. The plan that has made all of this possible, from the tax cuts to the jobs, is the Recovery Act. (Applause.) That’s right -– the Recovery Act, also known as the stimulus bill. January 25, 2011: Over the last two years, we have begun rebuilding for the 21st century, a project that has meant thousands of good jobs for the hard-hit construction industry. Tonight, I’m proposing that we redouble these efforts. We will put more Americans to work repairing crumbling roads and bridges. We will make sure this is fully paid for, attract private investment, and pick projects based on what’s best for the economy, not politicians.

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The Obligatory Word Cloud For Tired Old Rhetoric

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