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You should do a little investigation before taking an indefensible position.
You should take your own advice when talking about California? Isn't that the state where the people recalled a Dem governor and put a Repub in his place?
you call the terminator a republican??? He's like McCain only worseexcept Dude isnt a republicanSpent and regulated like a democratic on steroids.And what has arnold done since his time in office?
as opposed to spending and DE-regulating like your boys did?
if you're going to attack people, you might want to choose areas in which your folks' own hands are clean....
as difficult as that is.
You should do a little investigation before taking an indefensible position.
You should take your own advice when talking about California? Isn't that the state where the people recalled a Dem governor and put a Repub in his place?
Yes Jillian the war between the country clubbers and the conservatives is decades old. The only difference between the country clubbers and the Dems was how much of the welfare state they were willing to fund at my grand kids expense with the advent of Bush II even that difference slowly disappeared though your buddy Obama is rapidly succeeding in recreating that difference.
Obama's Iceberg
By Michael Gerson
Wednesday, July 8, 2009
Around midnight on April 15, 1912, there were a few minutes when Capt. Edward Smith of the Titanic realized his ship was going down -- six watertight compartments breached, less than two hours to float -- yet his passengers slept in happy ignorance. A historical fate hardened while most of the participants dreamed on.
The jobs report last week opened a long gash beneath the waterline of President Obama's legislative agenda. Few realize it, but a scramble for lifeboats is about to begin.
On closer inspection, the economic news, which seemed bad, is even worse. Not only did unemployment rise to 9.5 percent but wages fell, undermining the consumption needed to revive a consumption-driven economy. Unemployment increased among "breadwinners" -- married men and women who head households -- also making major family purchases more difficult. Recent increases in unemployment benefits and food stamps have helped many Americans pay for food and rent. Jobs, however, are what lead to the purchase of furniture, cars and homes. Paired with a decline in business investment, these trends make a second-half recovery less likely.
The stimulus package hasn't been very stimulating -- as many economists predicted. Pouring money into the economy through a thirsty sponge of federal programs -- the preferred method of Congress -- is slow and inefficient. In retrospect, all of the stimulus funds should have been given to individuals directly from the tap.
There are political implications of a weak recovery -- none of them good for the president....
By the time the health-care debate begins in earnest, these challenges at the federal level will be unavoidable. Perhaps $1 trillion in spending will be on the table. Some of the resources necessary for a "revenue-neutral" bill may come from savings in the health system. But administration and congressional officials are already hinting at the need for new revenue, including some type of tax on employer-provided health benefits. "The important thing at this point is . . . to keep the discussions going," says Obama senior adviser David Axelrod, even if discussions include such taxes. "We haven't drawn a lot of bright lines," explains White House spokesman Robert Gibbs.
To pass his health proposal this year, Obama would first need to violate his word. As a presidential candidate, he pledged that "no one making less than $250,000 a year will see any type of tax increase" -- the most memorable number of the 2008 campaign. Taxing health benefits would certainly cross this very bright line and add to the public stock of cynicism.
Second, Obama would need to abandon economic common sense -- adding debt to debt or new taxes to a struggling economy. Either way, it would be a sad story.
Or maybe the captain could wake the passengers, end their dreams and announce the obvious: Because the economy has not improved, ambitious health reform must wait.
a sinking ship...
washingtonpost.com
Obama's Iceberg
By Michael Gerson
Wednesday, July 8, 2009
Around midnight on April 15, 1912, there were a few minutes when Capt. Edward Smith of the Titanic realized his ship was going down -- six watertight compartments breached, less than two hours to float -- yet his passengers slept in happy ignorance. A historical fate hardened while most of the participants dreamed on.
The jobs report last week opened a long gash beneath the waterline of President Obama's legislative agenda. Few realize it, but a scramble for lifeboats is about to begin.
On closer inspection, the economic news, which seemed bad, is even worse. Not only did unemployment rise to 9.5 percent but wages fell, undermining the consumption needed to revive a consumption-driven economy. Unemployment increased among "breadwinners" -- married men and women who head households -- also making major family purchases more difficult. Recent increases in unemployment benefits and food stamps have helped many Americans pay for food and rent. Jobs, however, are what lead to the purchase of furniture, cars and homes. Paired with a decline in business investment, these trends make a second-half recovery less likely.
The stimulus package hasn't been very stimulating -- as many economists predicted. Pouring money into the economy through a thirsty sponge of federal programs -- the preferred method of Congress -- is slow and inefficient. In retrospect, all of the stimulus funds should have been given to individuals directly from the tap.
There are political implications of a weak recovery -- none of them good for the president....
By the time the health-care debate begins in earnest, these challenges at the federal level will be unavoidable. Perhaps $1 trillion in spending will be on the table. Some of the resources necessary for a "revenue-neutral" bill may come from savings in the health system. But administration and congressional officials are already hinting at the need for new revenue, including some type of tax on employer-provided health benefits. "The important thing at this point is . . . to keep the discussions going," says Obama senior adviser David Axelrod, even if discussions include such taxes. "We haven't drawn a lot of bright lines," explains White House spokesman Robert Gibbs.
To pass his health proposal this year, Obama would first need to violate his word. As a presidential candidate, he pledged that "no one making less than $250,000 a year will see any type of tax increase" -- the most memorable number of the 2008 campaign. Taxing health benefits would certainly cross this very bright line and add to the public stock of cynicism.
Second, Obama would need to abandon economic common sense -- adding debt to debt or new taxes to a struggling economy. Either way, it would be a sad story.
Or maybe the captain could wake the passengers, end their dreams and announce the obvious: Because the economy has not improved, ambitious health reform must wait.
July 8th, 2009
Maybe this is why the stimulus isnt creating tons of jobs yet
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Posted by: James Pethokoukis
Tags: Uncategorized, Obamanomics, stimulus
Here is what the Government Accounting Office is saying about the progress of stimulus spending:
Across the United States, as of June 19, 2009, Treasury had outlayed about $29 billion of the estimated $49 billion in Recovery Act funds projected for use in states and localities in fiscal year 2009.
And how is that $29 billion being spent? Like this (hint, not on infrastructure projects):
that is a complete LIE
Casting blame on the dead party is easy. They did nothing to protect the safegards in our financial markets. Then they offered no plan to correct the situation, again doing nothing. Nobody knows what the stimulus plan is going to do precisely, but at least Democrats met with experts, and came up with a reasonable plan.
Republicans had no plan, and did nothing. Now the Repubs sit in their offices taking pot shots at the guy who tried to do something! It is time for some hangings, Republicans are UnAmerican.
