To: yoe; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale; ...
RE :”
If Congress fails to extend the payroll-tax cut and the unemployment-insurance benefits that Ive called for, it could mean 1 million fewer jobs and half a percent less growth, the president said from the White House, as stocks were in the midst of deep losses that would register a nearly 635-point drop in the Dow Jones industrial average. This is something we can do immediately, something we can do as soon as Congress gets back. Those items together, however, come with a price tag that exceeds $100 billion in 2012 alone, and which, unless they were coupled with offsetting cuts or tax increases elsewhere, would dwarf the $7 billion in 2012 savings that it took Congress four months to wrangle in last weeks debt deal.; ”
There ya go, not funding SS and borrowing the money instead by extending/cutting the FICA payroll tax (cut) and paying people to not work will jump-start the economy and create millions of jobs, wait.. isnt that how we got here?.
And dont forget his ‘stimulus bank’ , They wipe out the tiny deficit savings that Obama just agreed to in his ‘small deal’ and add even more debt.
80 posted on
08/09/2011 10:48:52 AM PDT by
sickoflibs
(If you pay zero Federal income taxes, don't say you are paying your 'fair share')
To: sickoflibs
Opportunity for GOP.. Say we aren’t even starting with any unemployment insurance increases until ObamaCare is on the chopping block.
To: sickoflibs
Was there ever any doubt what Obama would do?
85 posted on
08/09/2011 11:03:13 AM PDT by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: sickoflibs; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale
The Dems can keep borrowing until 2013. Suppose we elect a GOP POTUS next year, and after that interest rates shoot up. Who will be holding the bomb when it explodes?
To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
108 posted on
08/09/2011 7:05:56 PM PDT by
SunkenCiv
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