Posted on 08/09/2011 9:22:06 AM PDT by Sub-Driver
Liberals outline stimulus agenda in 'Contract for the American Dream' By Erik Wasson - 08/09/11 10:57 AM ET
Liberal organizations and unions are frustrated that President Obama has not aggressively pushed a new jobs stimulus agenda and they are offering up a consolidated fall agenda for Democrats to embrace as an alternative to austerity.
Representatives of MoveOn, Rebuild the Dream and the Center for Economic Policy and Research will join Rep. Jan Schakowsky (D-Ill.) on Tuesday to launch a progressive “Contract for the American Dream” to urge the administration and Congress to turn away from budget cutting and focus on job creation.
The Contract is a mix of proposals that could make their way into a fall jobs compromise with Republicans and more far reaching goals such as universal government run healthcare for all that are far less likely to be enacted.
In 10 bullet points, the Contract calls for massive new spending and taxes.
At the top of the list are items President Obama has been calling for: investing in infrastructure, clean energy strengthening public education. These “winning the future” items were included in Obama’s 2012 budget, which was rejected unanimously in the Senate which had become focused on budget cutting by late spring.
The Contract also calls for a crackdown on corporations to enforce equal pay for equal work, reforming Social Security only by lifting the cap on payroll taxes, accelerating the pullout of Afghanistan and overhauling the campaign finance system.
On taxes, the groups are calling for an end to Bush-era tax rates and a new higher tax bracket for millionaires and a surcharge on a Wall Street trades of 1/20th of 1 percent.
“We have a jobs crisis, not a deficit crisis,” the Contract reads.
“The federal government must act now to put Americans back to work, and that will require reversing the premature focus on deficit reduction,” Robert Borosage of the Campaign for America’s Future said. In a separate release he called for expanding Americorps and creating new direct work programs he calls Urban Corps, Green Corps and Service Corps. He calls for direct intervention to prevent layoffs on the local level of teachers and police.
The Contract is also being promoted by the Change to Win union coalition and a host of smaller groups.
The median household income was $52,026 in 2010. This means that when government wastes $1 million, it destroys the income of 20 entire households. These Keynesian morons only know how to borrow, tax, inflate and spend. And their theory means that government waste is just as beneficial to the economy as some productive project.
Needed to be said, and twice is even better. ;^)
No, thanks...I’ve had enough unicorn dreams and rainbow lies to gag a maggot.
Contract + American + Dream = A- Rating.
The movie you referenced is more upbeat than Obama’s America.
what would the downside be of the autocuts kicking in?
I was looking for that post and would have posted it myself -
the libs intend to Contract (diminish) the American Dream.
so this is the contract to outsource more jobs overseas act.
Well, they can’t come out and call it “Tax and Spend”, can they? Also, since when does the “American Dream” entail people working blue-collar jobs paid for by the taxpayers?
You’d think they wouldn’t use practically the same phrase which they tore apart when Newt used it. Nothing like handing your enemy ammo...
“The Contract also calls for a crackdown on corporations to enforce equal pay for equal work,”
Which, in a Union Shop, output is geared to the least productive worker. How to make a country strong. By letting the laziest among us dictate quantity/quality.
That's what they do when bidding on government contract jobs. Award the job to the lowest bidder. Isn't it nice knowing that our troops are supplied weapons and such by companies the bid to produce it at the lowest possible cost, and those companies are usually NOT union shops! lol
Tax, Spend, Regulate, Redistribute. They never use those words, but their policy prescriptions never change.
By far most insultingly stupid demagogue catch phrase they’ve been resorting to lately has been “We are not broke”. As long as they can find enough desperate people who are willing to swallow that delusion, they win.
Contract to suck the last drop of blood from America, from the bloodsuckers who have already prostrated her.
That was good. Gave me a chuckle on an otherwise ho-hum day...
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