Where are the jobs?

Here is a little something you can give props to Obama for...

“Over the Obama administration’s first three years, the net benefits of regulations reviewed by OIRA and issued by executive agencies exceeded $91 billion — 25 times the corresponding number in the [George W.] Bush administration and more than eight times the corresponding number in the Clinton administration.”

“In the last 10 fiscal years, the highest costs were imposed in 2007. The last three years of the Bush administration saw higher regulatory costs than the first three years of the Obama administration. If you're looking for the year with the highest regulatory costs on record, you'll have to go all the way back to 1992, under President George H.W. Bush.”
Who has the better regulatory record — Obama or Bush? - The Washington Post

He has actually not increased the cost of regulation on economic activity in a single year, that exceeded George Bush's high regulatory excess.

But note the dates....it started in 2007.....just around the time that the economy began to feel the effects of his and Congress` regulatory excess...
 
This is what you said "As it stands, we have not removed or reduced a single regulation on business in the past 100 years"

that was a lie.
It was not.

You cannot find a single instance in which the USC on business has been reduced.

And before you begin....dropping a regulation, but replacing it with another is NOT reducing it.

Do you know that there is 19 feet of shelf space dedicated to the USC alone? And that it has grown every year since 1900?

George W. Bush never reduced or eliminated a regulation. In fact, like all of his predecessors, he added to the vast collection of rules, regulations, and restrictions on citizen behavior.

The very thing that government is not supposed to do.

You will find that, except for his unwavering defense of this country, I am no fan of George W. Bush.

You said "reduced a SINGLE regulation" you did not refer to cumulative effects.
Really, you want to split hairs? The cumulative effect is all that matters, right?
 
"We estimate that the American Jobs Act (AJA), if enacted, would give a significant boost to GDP and employment over the near-term.

The various tax cuts aimed at raising workers’ after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would:
Boost the level of GDP by 1.3% by the end of 2012, and by 0.2% by the end of 2013.
Raise nonfarm establishment employment by 1.3 million by the end of 2012 and 0.8 million by the end of 2013, relative to the baseline."


Macroadvisers: American Jobs Act: A Significant Boost to GDP and Employment

Of course AJA was blocked in the Congress by Republicans, who now blame Obama for the lack of jobs.
Try again....It WAS NOT blocked in congress by the Republicans.

Where are the jobs you say? They'll become available on January 21, 2013 when we start working on the massive job of cleaning up Obama's fucking mess.

Yep cutting govt spending will creat lots of jobs :eusa_whistle:

Cutting Government Pay Roll and Pay Offs will decrease the burden. The only question is, Too little, Too late?
 
The jobs are in the oil and gas sectors. They can't hire fast enough. Drilling activity is pouring millions of $ into local economies. Yet, our President chooses to trash talk the industry calling for an end to what he erroniously calls "subsidies". Oh- and his budget contains at a minimum $40 billion in taxes on that industry... as a reward.


The United States is the only country in the world that villifies and castigates its oil and gas sector. It is the only country that penalizes that industry's successes and actively seeks out venues which would ultimately result in its demise.
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And through regulations pushes them further and further off shore where if there is a problem it's
that much harder to fix..Ring a bell anyone.

Actually, it's pushed the major integrated oil corporations overseas- not so much offshore. GOM is inundated by Independents as is the rest of onshore U.S.

"Ring a bell"? Don't be so obtuse.
 
If government had an income of X and an expenditure of Y, and X=Y, then the system is considered in 'equilibrium'.

Right now, if we increased X to the total amount of wealth that existed in this country, it would still be X<Y, where Y is the total amount of expenditures.....

And what planet are you living on? Because here, on Earth, we have the government spending as percent of GDP:

Japan: 37.1%
Canada: 39.7%
UK: 47.3%
Germany: 43.7%

US: 38.9% (at least 7% of those 39% is defence related)
 
Where are the jobs you say? They'll become available on January 21, 2013 when we start working on the massive job of cleaning up Obama's fucking mess.
Ya' better start PACKIN'!!!!!!!

Your mentor's WAY-OUT, AHEAD OF YOU!!!!!


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"Why, yes, ma'am!! We don't sell anything, BUT the best magic-underwear money can buy!!"
 

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