He's a marxist. He does not want to "fix" anything. He wants to and is dismantling the free market.
Posted on 09/06/2011 9:27:56 PM PDT by Beaten Valve
President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.
The proposed new spending, to be announced by Obama in a nationally televised speech to Congress, would be offset by budget cuts, the report said, signaling that the Democratic president hopes to mollify the concerns of Republican fiscal hawks resistant to his jobs ideas.
There was no immediate comment from the White House.
Obama's aides have refused to go public with the estimated cost of Obama's package or provide many specifics in advance, except to say that the proposals will have a "quick and positive" impact on boosting jobs at a time of stubbornly high U.S. unemployment.
Confidence in Obama's management of the economy has been hit by months of bad economic news and several polls on Tuesday showed fresh declines in his job approval ratings.
Obama hopes to start reversing this trend in an address to a joint session of Congress on Thursday, in which he will try to convince voters that he has a better economic recovery plan than his Republican opponents.
"We need to do things that will have a direct impact in the short-term to grow the economy and create jobs and the president will put forward proposals that will do just that," White House spokesman Jay Carney said.
Obama fought Republicans all summer to lift the U.S. debt ceiling in a bitter debate that saw rating agency Standard & Poor's cut the U.S. AAA credit rating, and he must now get lawmakers to back additional spending that many oppose.
(Excerpt) Read more at reuters.com ...
wow...
This will be no more than a campaign speech directed at the idiots who still hold out for Hope and Change.
Only $300B this time? A bargain. And when it still doesn’t work, they can complain again “it was too small to have an effect.”
BWA-HA-A-HA-HA-HA-HA-HA-HA-
Translation: "We need to somehow goose the economy in the short-term to get Zero re-elected."
Get that printing machine warmed up!!!!
It’s just from his stash, you know! /s
How will this sqaure with “MAD Maxine” Waters & the CBC?
Didn’t she call for $1-trillion the other day?
1930s WPA regurgitated.
Lol
See, THIS time it’ll WORK.
Big Mama wants her monthly check.
Although I have spent most of my life, through education and determination, to keep myself outside the envelope of poverty. In my dotage, I have fears. Thanks Obama.
I doubt that all the billions he promises will do anything to relieve what he has wrought.
Disgusting.
If the pubbies don't scream "outrage!!", even more disgusting.
This idiot is slammed in by Porkulous #1. And it’s such a purile, pointless effort this time around.
He’s speaking and thinking so much smaller with this than he was 3 years ago. A “new” stimulus one-third the size of the previous one which only increased unemployment to 9.2% would presume to only increase future unemployment to around 10.1%. Winning the Future!
It’s the same old “government spending in one area at the expense of other areas” speech this dip-stick has performed ad-noseum before. Are union sycophants this stupid? Really?
Amounts to zero and the thought behind it amounts to even less. It’s hollow. And it certainly doesn’t take an Ivory League graduate to get it.
He's a marxist. He does not want to "fix" anything. He wants to and is dismantling the free market.
If there’s one job that’s shovel ready, it’s being a speechwriter for Obama. Packing that much BS into 40 minutes must be back-breaking labor.
I thought he was going to make a out of the box request. 300 billion. And the way he’s going to spend it is to keep his voters liquid. Politically, very hard to deny 300 billion in this employment climate. Whoever is running him is very smooth. Keeping this tool in office is the work of the devil, himself.
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