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Seuss
Error: divide byzero



Registered: 04/27/01
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Obama readying plan to boost jobs and cut deficits
#14936247 - 08/17/11 09:22 AM (12 years, 5 months ago) |
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Obama readying plan to boost jobs and cut deficits:
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WASHINGTON (Reuters) - President Barack Obama will announce a double-barrelled economic package that aims to boost hiring and find budget savings that surpass the $1.5 trillion goal of a congressional deficit-cutting committee.
His ideas will be outlined in a major speech immediately after the September 5 Labor Day holiday, White House officials said.
The irony... right after Congress gets back from vacation, while the rest of the country is out of work and the economy is failing, we will announce our plans... not that we haven't had over two years to fix the problem...
Quote:
While no final decisions have been made, it is likely the jobs proposals will include tax cuts for businesses that hire new employees, tax cuts for the middle class, and support for sectors of the economy that are falling behind, the officials said.
Tax cuts? Uh, didn't Obama just get done telling us that tax cuts are what put us in this mess to begin with?
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The measures are also expected to include investments in infrastructure beyond the construction projects the president has been repeatedly calling for as well as some assistance for the long-term unemployed.
How does paying long-term bums, er... unemployed people, motivate them to find jobs?
Quote:
The White House also suggested that Obama would push the congressional "super committee" -- set up this month to find more budget savings under the debt ceiling deal -- to go beyond their $1.5 trillion target.
Because super-committees are better than normal-committees? Why not a super-duper-super-special-extraordinary-super-committeee? I bet they could do even more!!!
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He plans to call again for a "balanced approach" to reducing the deficit, with revenue increases alongside spending cuts, the officials said, also suggesting job measures may be included to offset painful cuts.
Translation... Take from the rich and give to the poor, because there are more poor voters than there are rich voters.
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The super committee is due to unveil a compromise package on November 23 that must be agreed by Congress by December 23.
This should be entertaining. 
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Obama's job approval ratings have slid over the past month after the debt ceiling talks pushed the United States to the brink of default, prompting a Standard & Poor's ratings downgrade and a stock market slide.
You don't say...
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U.S. economic output figures were also revised lower for the start of 2011, showing a highly fragile recovery under Obama's watch despite his big stimulus programs, including an auto industry bailout.

Italy made out pretty good, so far, from the auto industry "bailout".
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The Democratic president is widely seen to have few tools left to bolster the U.S. economy and tackle unemployment levels which remain stuck above 9 percent.
The empty suit dug his own hole...
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Republicans in Congress -- and on the campaign trail -- are resisting any big new spending or stimulus measures from the White House. Jobs and the economy will be pivotal in the 2012 election in which Obama is seeking re-election.
Jobs and the economy were big during the last election. Given his track record, he is going to have a hard time selling himself this round.
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On Wednesday, the president was wrapping up a three-day bus tour through Minnesota, Iowa and Illinois in which he has been repeating well-tread proposals to boost hiring, including free trade legislation, payroll tax cuts and highway repair work.
Campaigning rather than working. Gotta love Washington politics.
Quote:
Obama said on Monday that he would put forward an economic growth plan to address jobs and the deficit when Congress returns from its summer recess. But at the time, he disclosed no details of what the package might contain.
More to come...
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memes
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Re: Obama readying plan to boost jobs and cut deficits [Re: Seuss]
#14936298 - 08/17/11 09:37 AM (12 years, 5 months ago) |
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This plan is long overdue. It should've been fabricated and proposed lightyears before any debt cieling issues, let alone QE2 and the likes. This stalling economy needs a short-term fiscal boost and a medium-term deficit reduction plan. Its not rocket science. The tax system needs to be reformed (becuase it is a labrynth) and entitlements need to be reigned in (yet not eliminated).
Any failure to acknowledge those 4 points is a failure of the plan. Period.
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zappaisgod
horrid asshole


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Re: Obama readying plan to boost jobs and cut deficits [Re: memes]
#14936357 - 08/17/11 09:59 AM (12 years, 5 months ago) |
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Best way to boost hiring? Repeal Obamacare.
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Seuss
Error: divide byzero



Registered: 04/27/01
Posts: 23,480
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Re: Obama readying plan to boost jobs and cut deficits [Re: memes]
#14936386 - 08/17/11 10:06 AM (12 years, 5 months ago) |
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> This plan is long overdue.
It should have been the first, and only, focus of his Presidency. Instead, he used his time bailing out unions, forcing Obamacare, and expanding the powers of the executive branch.
> This stalling economy needs a short-term fiscal boost and a medium-term deficit reduction plan.
I don't know what more they can do to boost the short-term. Unfortunately, any boost they do seems to be aimed at helping bums remain bums or rewarding political players. Not only do they need a medium-term deficit reduction plan, but they need a long-term plan to prevent a runaway deficit in the future. Most importantly, Obama needs to stop his anti-business practices; though to be honest, I think it is too late. No company in their right mind is going to spend money (invest) until after the next election.
> The tax system needs to be reformed (becuase it is a labrynth)
Agree. Simplify, simplify, simplify... of course, that would put a lot of tax lawyers out of business, which is bad for Congress.
> and entitlements need to be reigned in (yet not eliminated).
Many of them do need to be eliminated at the federal level. Let the states decide what they want to spend their money on rather than forcing spending upon all states.
One additional thing that would help, long term, is to stop the insane idea that a college education is mandatory. We are creating generations of indentured servants that have no hope of recouping their losses. We need to start pushing trade schools and start producing products rather than requiring burger flippers at McDonalds to have have a four year degree.
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Jryan
The Thinker


Registered: 07/30/11
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Re: Obama readying plan to boost jobs and cut deficits [Re: Seuss]
#14936690 - 08/17/11 11:14 AM (12 years, 5 months ago) |
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Quote:
Seuss said: > This plan is long overdue.
It should have been the first, and only, focus of his Presidency. Instead, he used his time bailing out unions, forcing Obamacare, and expanding the powers of the executive branch.
Did you forget that he bailed out the banks and a lot of auto industries (I was actually surprised? unless you are referring to Chief Executive Officers. I was actually surprised at Ford for doing a good job and fixing their business."Ford, he said, has cut its factory capacity to match demand, and it anticipates no further cuts will be necessary as long as the U.S. auto market doesn't worsen considerably. The company has announced the closure of 17 factories and eliminated 50,000 jobs since 2005, many through buyout and early retirement offers."
> This stalling economy needs a short-term fiscal boost and a medium-term deficit reduction plan.
I don't know what more they can do to boost the short-term. Unfortunately, any boost they do seems to be aimed at helping bums remain bums or rewarding political players. Not only do they need a medium-term deficit reduction plan, but they need a long-term plan to prevent a runaway deficit in the future. Most importantly, Obama needs to stop his anti-business practices; though to be honest, I think it is too late. No company in their right mind is going to spend money (invest) until after the next election.
> The tax system needs to be reformed (becuase it is a labrynth)
Agree. Simplify, simplify, simplify... of course, that would put a lot of tax lawyers out of business, which is bad for Congress.
> and entitlements need to be reigned in (yet not eliminated).
Many of them do need to be eliminated at the federal level. Let the states decide what they want to spend their money on rather than forcing spending upon all states.
This would divide our country. I don't want to have to decide I don't want to take this job because it is in Texas and they don't have Healthcare for their citizens (Just using an example).
One additional thing that would help, long term, is to stop the insane idea that a college education is mandatory. We are creating generations of indentured servants that have no hope of recouping their losses. We need to start pushing trade schools and start producing products rather than requiring burger flippers at McDonalds to have have a four year degree.
Sense when is it a requirement to have a four year degree to work at McDonalds. I think if anyone is working at a McDonalds (assuming you are talking about the whopper flopper) with a four year degree, they probably couldn't find work in their field.
http://www.huffingtonpost.com/2008/12/10/ford-bailout-money-unnece_n_149824.html
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thelivingfreekshow
Fuck You



Registered: 02/07/11
Posts: 2,043
Loc: Prifddinas, Gielinor
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Re: Obama readying plan to boost jobs and cut deficits [Re: zappaisgod]
#14936700 - 08/17/11 11:17 AM (12 years, 5 months ago) |
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Quote:
zappaisgod said: Best way to boost hiring? Repeal Obamacare.
also stop taxing the shit out of businesses and corporations and imposing ever tigtening regulations so that they send their jobs to china, and elsewhere overseas.
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Seuss
Error: divide byzero



Registered: 04/27/01
Posts: 23,480
Loc: Caribbean
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Re: Obama readying plan to boost jobs and cut deficits [Re: Jryan]
#14936743 - 08/17/11 11:25 AM (12 years, 5 months ago) |
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> Sense when is it a requirement to have a four year degree to work at McDonalds.
Sarcasm, young grasshopper.
-------------------- Just another spore in the wind.
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Jryan
The Thinker


Registered: 07/30/11
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Re: Obama readying plan to boost jobs and cut deficits [Re: Seuss]
#14936772 - 08/17/11 11:32 AM (12 years, 5 months ago) |
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Quote:
Seuss said: > Sense when is it a requirement to have a four year degree to work at McDonalds.
Sarcasm, young grasshopper.
I was like? Whaaaaaattttt?????
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Seuss
Error: divide byzero



Registered: 04/27/01
Posts: 23,480
Loc: Caribbean
Last seen: 2 months, 20 days
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Re: Obama readying plan to boost jobs and cut deficits [Re: Jryan]
#14936815 - 08/17/11 11:44 AM (12 years, 5 months ago) |
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I was basically trying to point out how silly it is to require a four year degree for some of the job postings that I see. I recently saw a posting for a flight attendant for an airline that required a four year degree. What? Why? How long before they require a four year degree to flip burgers at McDonalds? The idea that you cannot succeed in life with a four year degree is financially crippling the younger generations and it is only going to get worse unless something changes.
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zappaisgod
horrid asshole


Registered: 02/11/04
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Let's eviscerate the NLRB as well.
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thelivingfreekshow
Fuck You



Registered: 02/07/11
Posts: 2,043
Loc: Prifddinas, Gielinor
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Re: Obama readying plan to boost jobs and cut deficits [Re: zappaisgod]
#14936899 - 08/17/11 12:04 PM (12 years, 5 months ago) |
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its just another government bureaucracy...dont need it.
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Jryan
The Thinker


Registered: 07/30/11
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Re: Obama readying plan to boost jobs and cut deficits [Re: zappaisgod]
#14937134 - 08/17/11 12:49 PM (12 years, 5 months ago) |
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Quote:
zappaisgod said: Let's eviscerate the NLRB as well.
Why? You think we should get rid of the Union as well?
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
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Re: Obama readying plan to boost jobs and cut deficits [Re: Jryan]
#14937418 - 08/17/11 01:53 PM (12 years, 5 months ago) |
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Quote:
Jryan said:
Quote:
zappaisgod said: Let's eviscerate the NLRB as well.
Why? You think we should get rid of the Union as well?
What Union? And why do you capitalize "union"?
What purpose does the NLRB serve?
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Jryan
The Thinker


Registered: 07/30/11
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Re: Obama readying plan to boost jobs and cut deficits [Re: zappaisgod]
#14937430 - 08/17/11 01:55 PM (12 years, 5 months ago) |
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Quote:
zappaisgod said:
Quote:
Jryan said:
Quote:
zappaisgod said: Let's eviscerate the NLRB as well.
Why? You think we should get rid of the Union as well?
What Union? And why do you capitalize "union"?
What purpose does the NLRB serve?
prop·er noun Noun: A name used for an individual person, place, or organization (I consider the Union (I'm referring to the Labor Union) an organization), spelled with initial capital letters, e.g., Larry or Mexico. The National Labor Relations Board (NLRB) is an independent agency of the United States government charged with conducting elections for labor union representation and with investigating and remedying unfair labor practices.
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zappaisgod
horrid asshole


Registered: 02/11/04
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Re: Obama readying plan to boost jobs and cut deficits [Re: Jryan]
#14937492 - 08/17/11 02:09 PM (12 years, 5 months ago) |
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Quote:
Jryan said:
Quote:
zappaisgod said:
Quote:
Jryan said:
Quote:
zappaisgod said: Let's eviscerate the NLRB as well.
Why? You think we should get rid of the Union as well?
What Union? And why do you capitalize "union"?
What purpose does the NLRB serve?
prop·er noun Noun: A name used for an individual person, place, or organization (I consider the Union (I'm referring to the Labor Union) an organization), spelled with initial capital letters, e.g., Larry or Mexico.
Again I ask; What union? If you cited a specific union you would capitalize it. But you didn't.Quote:
The National Labor Relations Board (NLRB) is an independent agency of the United States government charged with conducting elections for labor union representation and with investigating and remedying unfair labor practices.
Part A: Why should a government agency be even slightly involved in private sector union elections? A waste of my money.
Part B: Why should there be an government agency specifically charged with investigating and remedying unfair labor practices? For crimes we have the police. For torts we have lawyers and lawsuits. Is there an agency specifically set up to prosecute workers who don't work or who go on strike and destroy property or shoot non union employers? No. Unequal protection.
And where does suing Boeing to stop them from opening a plant in a right to work state fit there. I don't see anything unfair about that. Except to the people of North Carolina who might have gotten a job there. And to Boeing customers and owners who this will cost money. And taxpayers who will have to pay for the NLRB lawyers. Damn, I can't see any fairness there at all when a few thousand greedy union cunts get the government to screw everybody else on their behalf.
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memes
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Re: Obama readying plan to boost jobs and cut deficits [Re: zappaisgod]
#14937562 - 08/17/11 02:25 PM (12 years, 5 months ago) |
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unions = trash. that is all
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Jryan
The Thinker


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Re: Obama readying plan to boost jobs and cut deficits [Re: zappaisgod]
#14937569 - 08/17/11 02:27 PM (12 years, 5 months ago) |
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I guess you are rite on the NLRB, if the companies are doing something illegal, the local police should arrest them. I think we should keep Labor Unions though.
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memes
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Re: Obama readying plan to boost jobs and cut deficits [Re: Jryan]
#14937764 - 08/17/11 03:08 PM (12 years, 5 months ago) |
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but why? to protct the fraction of workers who pay their dues?
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Seuss
Error: divide byzero



Registered: 04/27/01
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Re: Obama readying plan to boost jobs and cut deficits [Re: Jryan]
#14939429 - 08/17/11 09:00 PM (12 years, 5 months ago) |
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> I think we should keep Labor Unions though.
I have no problem with (l)abor (u)nions, but I don't believe they should be protected by law. If a company wants to fire an employee for refusing to work, so be it. If that means the entire labor force of a company gets terminated for striking, so be it. It employees want to strike, so be it. Let them (companies and employees) reap the rewards and consequences of their actions on equal ground.
If we keep labor unions, then why do we need minimum wage?
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gluke bastid
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Quote:
thelivingfreekshow said:
Quote:
zappaisgod said: Best way to boost hiring? Repeal Obamacare.
also stop taxing the shit out of businesses and corporations and imposing ever tigtening regulations so that they send their jobs to china, and elsewhere overseas.
Jobs go to China and other countries because those countries have no labor laws.
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Society in every form is a blessing, but government at its best is but a necessary evil - Thomas Paine
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