Does Obama have a "real" jobs plan or just more govt spending?

[Avorysuds]

~

 

[Soggy in NOLA]

It will be a two-point plan:

$1,000,000,000,000 of new deficit spending and QE III.... and soon to be followed with another round of inflation.

Carry on.

 

[Mustang]

And why is demand down?

Maybe because people don't have jobs or are afraid they may lose the ones they have?

Jesus, stupidity abounds.

You're the one who didn't seem to get it.

Now, do you suppose you could get those high school graduate pseudoeconomist conservative talk radio hosts like Limbaugh, Hannity, and Beck to stop constantly talking down the economy which only serves to ratchet up the fear level in their listeners? I ask because it their constant drumbeat of fear only manages to be counterproductive to an economic recovery when people don't feel confident enough to spend any money seeing as how our whole economy is based on consumer spending.

My business is down dramatically and you seem to think all my customers are ditto heads? Your really not here with us in the real world are you?

YOUR JUST AN IDIOT WHO WILL PLACE BLAME ANYWHERE BUT ON OBAMA

He has options, he just chooses not to do them for ideological reasons.

You DO realize, don't you, that the financial crash of 2008 was the biggest economic hit that America and the world has suffered since the great depression?

In medical parlance, it wasn't an economic head cold; It was economic pneumonia. That means that recovery is going to take a long time.

 

[Remodeling Maidiac]

I just heard on the tv that Obamas plan will consist of 2 key things.

Infrastructure spending.

Paid for by cuts to entitlements.

That's somewhat new. Obama plans to pay for spending with cuts to ss and Medicare? It was supposed to be a leak from someone within the whitehouse

 

[CMike]

Obama has not the smallest clue how this economy works.

He is a Keynsian and thus clueless.

It will not doubt be about pouring billions into so called "stimulus", also known as money for paying off cronies.

Obama has absolutely no credibility on the economy.

 

[Jarhead]

Do you think they're picky about what they do?

Answer the fucking question...

Switch to decaf!

The easy answer here is they should build stuff! High speed rail! Windmills! Nuclear power plants! Re-do every public school in the country! Yes, I know you think all that is "Socialism", but it would also put a lot of Americans to work. Right now. And, you can't outsource the windmill workers. They have to be here to run it and repair it in the future. That's a long term job, even if you don't agree. Hell, the government could sell the windmills to private companies even. That's fine!

Conservatives think in such small terms.

High speed rails......EPA regulations and other ecological considerations will likely prove toi make such an endeavor too expensive to recover the costs.....China was able to do it, but heck...lets be real...they didnt give a fuck what any environmentalist said.

Windmills...sure...a good venture....but who is going to pay to use them? Most people are quite happy with their electricity....and lets be honest...NIMBY will be an issue...no one wants to look at them.

Nuclear Power Plants....sure...go for it.....with what happened in Japan, lets see how long it will take to get the approval to build JUST ONE.

Re-do every public school.....why? Most dont need to be redone. May as well have one dig a hole and the other fill it.

FYI....anyone who takes a job that they know is government funded and the funds are limited is well aware that the job is temporary...

When someone is on a temporary job, their spending habits are different than when they are on a permanent job.

So hiring them for a temoproary job will drastically slow down economic growth.

It is best to push the rpivate secotr to hire them permanently...and that is what policy needs to be geared to.

 

[CMike]

What could work is taking all the billions that Obama wants to waste on "stimulus" and use that to give across the board tax rate reductions. That would get the economy moving.

 

[Avorysuds]

Switch to decaf!

The easy answer here is they should build stuff! High speed rail! Windmills! Nuclear power plants! Re-do every public school in the country! Yes, I know you think all that is "Socialism", but it would also put a lot of Americans to work. Right now. And, you can't outsource the windmill workers. They have to be here to run it and repair it in the future. That's a long term job, even if you don't agree. Hell, the government could sell the windmills to private companies even. That's fine!

Conservatives think in such small terms.

Wow, that's your idea huh? People are just marbles that you move around...?

Where do you plan on building these wind mills and power plants... Where do these high speed train tacks go... Now how the fuck do you move a million people around to do these jobs and more over out of these millions of people how many of them should be building nukular power plants, high speed trains and wind mills? Also where do you get all the money to build all of that?

So answer the fucking question in any kind of depth now.

Come up with a business plan for us. we'll need to know a few things like....

Cost of moving people

Management

Payroll

Training

Vehicles

Equipment

The cost of wind mill parts

The cost of high speed train parts

The cost of Nukular power plants parts

Permits

Design (Or maybe you thought you just make up all this shit as you go along with no plans???? LOL)


So more or less your "ideas" would take 5-10 years just to start but "it's easy" LOL don't be fucking stupid DBS.

Wow. You're a cowardly little person aren't you? You ask for ideas and I give you proven ideas and then you attack and insult me because I didn't include a 10-year business projection. How dishonest is that?

Every major city in this country has high unemployment. Every major city has schools in desperate need of repair. We could go to a city tomorrow, find a school and hand the mayor a check to cover repairs. If he doesn't spend it on repairs, we take it back. Simple. I guarantee he could have workers working within the week.

Seriously, being angry and pissy with those who think differently than you is not what we need right now.

First I didn’t ask for Ideas I asked for you to answer someone else’s question.

Next you gave “ideas” (lol) and ended with “Conservatives think in such small terms”

You’re “ideas” started with you saying “The easy answer here is they should build stuff!” Then you run on a list of projects that would take years just to start meaning you have literally no new jobs created today, not next week or next year but around 5-10 years from today… Even the re-building of schools bullshit, who is going to do these jobs, people that have skills or just people that have never worked construction in their life?

Now we run into problems… You claim something like re-building schools but you forget that you just put tens of thousands of “legit still in business” people out of works, causing more unemployment…

In the end you never had an idea that amounted to anything positive. Build wind farms and just sell them off later??? Are you for real?

Believe it or not I can see what you are wanting to accomplish, it just strikes me as childish, as if a child thought up the concept… Not only did you fully 100% miss your own mark of creating jobs today you never took into account the cost of doing these projects outside of manpower, you want to spend possibly hundreds of billions of dollars we don’t have just to pay for the items you need when in the end you would be paying 10 million dollars just to create a single job and that simple concept you don’t understand but yet you want to be taken seriously. Then you don’t want to get into detail as to where the money magically appears from or how we will pay it back.

 

[LibocalypseNow]

I just hope & pray the People can survive this awful Obama Depression. Things are going to get even worse. Inflation is on the way. You can't just keep printing Money as a solution. There will be a price to pay.

 

[Remodeling Maidiac]

I just heard on the tv that Obamas plan will consist of 2 key things.

Infrastructure spending.

Paid for by cuts to entitlements.

That's somewhat new. Obama plans to pay for spending with cuts to ss and Medicare? It was supposed to be a leak from someone within the whitehouse

Did you all read this?

 

[DontBeStupid]

Where does this magic money come from? You do realize that we currently borrow 40 cents on every tax dollar from China to finance the gubmint as it currently stands don't you? Are you going to borrow even more money or just tax the working folks even more?

Yup. And you realize interest rates are at historic lows, right? If we can borrow at 2% and grow at 4%, why wouldn't we want to do that?

 

[Jarhead]

What could work is taking all the billions that Obama wants to waste on "stimulus" and use that to give across the board tax rate reductions. That would get the economy moving.

it would work like a charm.

The problem?

There is absolutely no IMMEDIATE advantage to a large portion of the democratic base...those that do not pay federal income tax.

So democrats wirll NEVER go for it.

 

[Toddsterpatriot]

Where does this magic money come from? You do realize that we currently borrow 40 cents on every tax dollar from China to finance the gubmint as it currently stands don't you? Are you going to borrow even more money or just tax the working folks even more?

Yup. And you realize interest rates are at historic lows, right? If we can borrow at 2% and grow at 4%, why wouldn't we want to do that?

Obama dreams we could grow at 4%.

 

[CMike]

 

[Full-Auto]

The jobs plan is on a need to know basis. Top secret stuff.

 

[DontBeStupid]

When someone is on a temporary job, their spending habits are different than when they are on a permanent job.

So hiring them for a temoproary job will drastically slow down economic growth.

And their spending habits are different with a temp job than no job at all. Right? Which do you think is better for recovery?

It is best to push the rpivate secotr to hire them permanently...and that is what policy needs to be geared to.

Except, policy has been like that for a decade and still no major hiring. How much more cash do companies need before they start hiring?

 

[Remodeling Maidiac]

When someone is on a temporary job, their spending habits are different than when they are on a permanent job.

So hiring them for a temoproary job will drastically slow down economic growth.

And their spending habits are different with a temp job than no job at all. Right? Which do you think is better for recovery?

It is best to push the rpivate secotr to hire them permanently...and that is what policy needs to be geared to.

Except, policy has been like that for a decade and still no major hiring. How much more cash do companies need before they start hiring?

Your right! We've had 9% unemployment for near a decade now!

Idiot

 

[Mustang]

And why is demand down?

Maybe because people don't have jobs or are afraid they may lose the ones they have?

Jesus, stupidity abounds.

You're the one who didn't seem to get it.

Now, do you suppose you could get those high school graduate pseudoeconomist conservative talk radio hosts like Limbaugh, Hannity, and Beck to stop constantly talking down the economy which only serves to ratchet up the fear level in their listeners? I ask because it their constant drumbeat of fear only manages to be counterproductive to an economic recovery when people don't feel confident enough to spend any money seeing as how our whole economy is based on consumer spending.

My business is down dramatically and you seem to think all my customers are ditto heads? Your really not here with us in the real world are you?

YOUR JUST AN IDIOT WHO WILL PLACE BLAME ANYWHERE BUT ON OBAMA

He has options, he just chooses not to do them for ideological reasons.

I'm perfectly happy to lay blame where it belongs.

I can blame Bush 43 for spending like a drunk while cutting revenues and fighting two wars and passing Medicare part D, all of which were never paid for and for also turning his back on regulating the financial industry because he didn't believe in regulation.

I can blame Clinton, and the Republicans, and big business, (and the Chamber of Commerce, for that matter) for rushing headlong into NAFTA and the WTO without truly understanding the longterm implications which have sent American jobs and capital overseas.

I can blame corporate America for turning its back on the USA in favor of overseas profits AND overseas markets. Personally, I think many of them have their eyes on China and India as new and FAR bigger markets than America ever was because they now believe that China and India are now primed and ready to not only be cheap labor, but to be their future primary customers.

I can blame the US financial masters of the universe for screwing up the economy with credit default swaps and collateralized debt obligations.

I can blame the easy credit that Alan Greenspan made all too available because of his naïveté that markets would ultimately be self-correcting which didn't take into account human greed.

And I can blame the current crop of Republican House members who

A. don't know shit about economics.
B. would rather see Obama fail then help get America back on track while he's president.

I can even blame the Internet for making it possible to export jobs which require advanced education like radiologists (after all, any qualified doctor can read a PET scan just as well in India as in Boston).

But most of what's now happening ain't Obama's fault. He's just a very convenient scapegoat because he's the current president. Any president, regardless of party, would undoubtedly be the focal point for Americans' anger at our current economic misery. But because Obama is a Democrat, he gets beat up by countless conservative talk radio hosts EVERY day as if he was the single source of everything that's wrong with the American economy. He isn't.

Edit to add: I almost forgot a big villain in our current economic mess. And it's ironic too. That villain is all those credit ratings bureaus like S&P and Moody's. They gave AAA ratings to all those derivitives even though they were essentially terrible investments with high risk. And why did they do that? Maybe someone should ask that question to Alan Greenspan. But everyone knows the answer. It's because they got PAID to do it just like Arthur Anderson got paid to give Enron a clean bill of health when it came to their financial statements. It's ironic that S&P has now downgraded US treasuries considering how complicit they are in helping to cause the financial collapse in the first place. They were the enablers.

 

[M.D. Rawlings]

Obama Won't Propose One New Thing
By Craig Steiner
August 18, 2011
Townhall.com


Excerpt:

Next, it's a virtual certainty that nothing that he announces in his address will work to create jobs. That's because he inherently doesn't understand the economy and how jobs are created, and he inevitably thinks government can create jobs--despite over two years of evidence to the contrary.

Infrastructure spending? We had an $800 billion stimulus that was supposed to include spending on infrastructure.
​

 

[Wacky Quacky]

Let's test that theory, shall we?

You have the Republican House pass a bill (which Obama would sign into law) to legislate full employment. Let's see what that will do.

I'll have Obama pass a spending bill to build hydroelectric dams, and an integrated network of wind farms to not only produce cheap (and green) electricity, but to also reduce our dependence on polluting fossil fuels.

This may come as a shock to you but......WE'RE BROKE.

You may now stick your head back in the sand.

We're not broke. We just have to choose our spending priorities. Investing in infrastructure for the future which will reap benefits for decades that will outweigh the cost is not wasteful spending.

For example, converting American automobiles to hybrids or electric will help get us off foreign oil. That means that we would no longer be sending 100s of billions of American dollars to countries like Saudi Arabia. Reduced demand would also serve to help lower the price of oil, as well.

We've got to invest in the future, or we will be left behind.

Except that you need some sort of fuel to produce that electricity, and fossil fuels are the number one source of energy production in the US. Too bad the environmentalists and leftists won't let us dig for our own, because even if every car in the US was electric we would still be importing a ton of foreign fossil fuels to produce the electricity for them all.