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Obama: could add 1 million new U.S. jobs
Reuters ^ | Aug 30, 2011 | Reuters

Posted on 08/30/2011 4:06:41 PM PDT by mdittmar

(Reuters) - President Barack Obama said on Tuesday there were a range of policy options available that could create up to a million new U.S. jobs, in remarks ahead of a major economic speech that he will deliver next week.

Obama must boost growth and bring down unemployment to be confident of winning another White House term in the November 2012 general election. Economists are skeptical he will get Congress to agree to significant new spending on jobs.

"We don't have magic bullets, but what we do have, I think, is the capacity to do some things right now that would make a big difference," Obama said in a interview with popular radio talkshow host Tom Joyner.

The White House says details of the job creation proposals Obama will unveil next week are still being worked out and it has yet to announce an exact date or location for his speech, although Obama hinted at some of the ideas he would put forth.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; News/Current Events
KEYWORDS: couldashoudawouda; jobs; magicbullet; magicnegro; obama; unemployment
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To: mdittmar
See, every other thing he's tried has failed to add jobs, and in fact, lost them.

So, in a flash of pure sanity, he's going to do the exact same things.

But THIS time, it will WORK.

141 posted on 08/31/2011 6:22:02 AM PDT by Lazamataz (If Hitler had been as lazy as Obama, the 1940's would have been a very nice decade!!)
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To: mdittmar

Okay now I am really ticked off at the media and Obama.

Brand new headline on drudge about MORE SECRET DETAILS RELEASED about the idiot’s PLAN to save everyone.

IT IS THE SAME THING HE ALREADY DID AND FAILED AT.
A NEW? program to give FHA home buyers mortgage relief.
How flipping stupid do they think we are?

http://www.reuters.com/article/2011/08/31/us-usa-obama-housing-idUSTRE77T6DV20110831


142 posted on 08/31/2011 6:26:32 AM PDT by Dubya-M-DeesWent2SyriaStupid! (It is possible to both promote Palin and support Bachmann at the same time, ya know.)
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To: Lazamataz

See post 142. Mortgage freaking relief for FHA home buyers ALL OF THE PEOPLE HAVE ALREADY filed for this and got they’re homes paid off while they sit at home on they’re lazy asses and collect all of the Obama free money,new windows,cell phones.They are sitting in they’re homes right now with they’re home PAID IN FULL BY US watching low life court TV and Jerry Springer on a 73 inch 3D TV and now the idiot Obama wants to give them another hundred grand.I COULD SCREAM!


143 posted on 08/31/2011 6:33:03 AM PDT by Dubya-M-DeesWent2SyriaStupid! (It is possible to both promote Palin and support Bachmann at the same time, ya know.)
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To: mdittmar
I don't think it could be pointed out enough. The United States government is presently spending 25% of the GDP, 12% of the GDP in borrowed money, vs a GDP ‘growth’ of 3%. That means that the federal government is floating 9% of the GDP.

Can the feds spend more and create jobs? Sure. Problem is, that's borrowed money. The cost of those jobs is either lowering the value of the dollar by printing more, or lowering the value of the dollar by borrowing more. Every single one of those jobs will lower the value of every one else’s job.

And of course, all of these will be ‘good paying jobs’ with likely benefits packages that nearly equal that good salary in the first place.

Cut federal spending so the dollar value stops falling, cut taxes so that there's more money in the system to go towards making new jobs, and ax the minimum wage and ObamaCare so it is between the employer and the employee how the job is compensated, and you'll add those million jobs in a short time.

And while you're at it, chop through the earned income tax credit and other tax credits that cost taxpayers thousands of dollars. It's a disincentive to get a decent job; you can earn more in benefits by just making the minimum and then sit back on your food stamps and unemployment and earned income tax credit and float through the year.

144 posted on 08/31/2011 7:08:28 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: mdittmar

“Obama: could add 1 million new U.S. jobs”

Or.... Michelle could go on another vacation in September.
Or....another illegal alien Obama relative could surface in the U.S.
Or....Joe Biden could visit Pakistan where he praises the tradition of honor killings.
Or....Obama could set a new record for teleprompters used in a single speech.

Which do you think is more likely?


145 posted on 08/31/2011 7:58:32 AM PDT by rod1
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To: mdittmar

146 posted on 08/31/2011 8:37:48 AM PDT by SparkyBass
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To: SparkyBass
I could create a million jobs

But I won't...

147 posted on 08/31/2011 8:52:06 AM PDT by null and void (Day 949 of America's holiday from reality...)
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To: lacrew

Obaba’s new million person “Homeland Security Army”, dedicated to fighting domestic racism, jailing and seizing assets of his political non-supporters, and terrorists (white, conservative, Christians).

1st one million applicants hired.

Sexual assault security scans to be done daily, everywhere...particularly at the doors of Christian churches, elementary schools, Post Offices, and grocery stores.

There! One million new jobs created.

Bernanke prints the money out of thin air to pay all.

Brilliant!


148 posted on 09/01/2011 6:59:21 AM PDT by OldArmy52 (Obama, the most corrupt and incompetent President since Carter.)
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To: Shqipo

The last trillion or whatever stimulus did what?

In our neighborhood, the public roads keep deteriorating. Potholes, cracked pavement.....

What happened to all that gas tax money that is supposed to pay for roads?


149 posted on 09/01/2011 7:05:22 AM PDT by OldArmy52 (Obama, the most corrupt and incompetent President since Carter.)
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