White House Expects Persistently High Unemployment

Discussion in 'Politics' started by dcbl, Sep 1, 2011.

  1. dcbl
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    dcbl Good guys wear white hats

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    Barry is going to give us tax cuts???

    I'll believe it when I see it...
     
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  2. Grampa Murked U
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    Grampa Murked U Diamond Member

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    They also said growth was going to fall well below what they had predicted.

    Not looking good for the ONE
     
  3. Conservative
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    Conservative Type 40

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    pretty sure I posted this in Economy earlier today :p
     
  4. Avorysuds
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    Avorysuds Gold Member

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    Great, another President that believes in cutting taxes while spending more... Where did the fuckers go to school because it seems that it left no time for them to experience the real world.
     
  5. get_involved
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    get_involved Gold Member

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    It's not Obama's fault. It's Bush, the Tea Party, Congress, Wall Street, Talk radio, Fox news, and bad luck.

    [​IMG]
     
  6. Conservative
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    And space aliens... don't forget the space aliens!
     
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  7. Charles_Main
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    Charles_Main AR15 Owner

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    Don't be surprised if he does. I can't see why he would have called a for a Joint session so he could deliver on his long awaited New Jobs Plan. Just to recycle more of the same old Tired Spending Plans.

    Don't forget Obama is a pragmatist first and a socialist second. If he think he has to do it to win re-election. He could very well unveil a plan Thursday that is a very serious departure from what we all expect.

    I say if the Desire to be re-elected is what it takes to get him to do something that will actually help create Jobs and not just buy some temporary GDP growth and a bunch of more debt. Then fuck yeah, I'll take it.

    However so far everything I have heard tells me what Obama is actually going to do is ask for a massive new stimulus that he knows full well has no chance of actually passing. So he can then campaign on the fact that "Republicans" Blocked his efforts to "fix" the economy.

    That's my guess anyways, though I hope it is the first Option really.
     
    Last edited: Sep 1, 2011
  8. auditor0007
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    auditor0007 Gold Member

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    Pretty depressing to see that even Obama has fallen for the idea that tax cuts will get the economy moving again. As I've said before, we've cut taxes to the bare bones and have seen nothing in return. Tax cuts are not the answer and will only increase our deficit spending. If we are going to deficit spend, at least do it on infrastructure where Americans will be able to see where their money went. Otherwise, raise taxes a small amount, cut spending to reasonable levels, and then ride the damn storm out for the next ten years, because that is how long it's going to be before we see any drastic improvement.
     
  9. Charles_Main
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    I actually agree that tax cuts are not really what we need. Except I do believe a temporary suspension of the Capital Gains tax could be a real Boost to Investment in the US. I also think we need to lower the Cooperate Tax Rate which is one of the Highest in the world. Now before you screen Cooperation's pay no Taxes. I also want to see reform of all the loop holes so that what ever the new Lower Rate is, Is actually being Paid. I am a Firm believer in the Idea that Cooperate Taxes are nothing but a hidden Tax on the American People. It is only common sense that cooperation's offset the cost of taxes by charging us more. So in effect all they are doing is collecting a tax that the People are paying.

    What we need is a review of Regulations to make them effective yet less burdensome on Business. Especially those that make it harder, or more expensive to expand. We need to Repeal Obamacare and Replace it with something that actually works and does not just Reward Insurance companies, and Burden Employers. We need to create an environment that Business wants to be in, and can thrive in. Or business will simply go elsewhere, as they have been for Decades now.
     
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  10. dcbl
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    dcbl Good guys wear white hats

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    OK - found your thread, I like my title better though (which mirrors the NYT article title)

    It's good to know that Barry & his administration EXPECT persistently high unemployment...
     

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