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Obama's New Jobs Program: Stimulus II or GOP Obstacle Course?
Fox News ^ | 9/7/2010

Posted on 08/31/2011 4:53:55 PM PDT by EBH

Obama called for $50 billion more in infrastructure spending to rebuild roads, railways and runways -- a proposal that GOP leaders immediately cast as dead-on-arrival.

Obama will also pitch a $100 billion proposal Wednesday to increase and make permanent research and development tax credits for businesses. Obama is expected to ask lawmakers to close tax breaks for oil and gas companies and multinational corporations to pay for the plan.

The administration is also urging the Senate to pass the small business bill that calls for about $12 billion in tax breaks and a $30 billion fund to help unfreeze lending. But Republicans have likened the bill to the unpopular bailout of the financial industry.

Obama also wants to make permanent the Bush tax cuts for the middle class but allow them to expire for households making $250,000 or more.

The president taunted Republicans for consistently opposing his economic policies and said they seem to be running on a slogan of "No, we can't," playing off his 2008 presidential campaign mantra of "Yes we can."

"If I said the sky was blue, they'd say no," Obama said. "If I said fish live in the sea, they'd say no."

Blakeman said Obama's rhetoric makes no sense.

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


TOPICS: Business/Economy; Extended News; Government; Political Humor/Cartoons
KEYWORDS: 2010; infrastructure; jobs; porkulus; spending; stimulus; stimulus2; taxes; unions
For referances sake later this week.
1 posted on 08/31/2011 4:53:58 PM PDT by EBH
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To: EBH

Tax, inflate, borrow...it ALL comes out of the PRIVATE economy.

...and only weeks away from expiration of the federal gas tax of 18.4 cents per gallon.

where are the Conservative Congreescritters rallying the troops to let it expire and return road funding and building to the states via toll and private roads?


2 posted on 08/31/2011 4:57:36 PM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: EBH

The best thing he could do is eliminate all job killing regulations then go home.


3 posted on 08/31/2011 4:58:29 PM PDT by boomop1
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To: EBH

Deja veux :

Obama in 2010: New Jobs Plan after Vacation

http://www.youtube.com/watch?v=NYsXqiw64K0


4 posted on 08/31/2011 4:58:57 PM PDT by Para-Ord.45
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To: WOBBLY BOB

pssst...did you not the date?


5 posted on 08/31/2011 4:59:23 PM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: Para-Ord.45

Flashback...

http://www.freerepublic.com/focus/f-news/2771620/posts


6 posted on 08/31/2011 5:00:59 PM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: EBH
Obama called for $50 billion more in infrastructure spending to rebuild roads, railways and runways -- a proposal that GOP leaders immediately cast as dead-on-arrival.

We already spent nearly a trillion on those shovel ready jobs. It was a complete failure. Taxpayers got robbed.
What's the definition of insanity? Trying the same failing policy again!

Oboma still has over a year to do as much damage to this country as he can. It's up to the Republicans to slow him down. Maybe, if we're lucky, there will still be time to save it after he's booted out.

7 posted on 08/31/2011 5:01:07 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: EBH
As long as the conservatives let the liberals call this a "jobs" issue, then we'll get more of this nonsense.

It's not a jobs issue, it's a WEALTH CREATION issue. The libs who wouldn't recognize an economic recovery if it hit them head-on, don't seem to want to understand that "jobs" are an EFFECT, not a cause. The cause and REAL issue is wealth creation which ONLY comes from the FREE market expanding the economy and creating opportunity and jobs.

8 posted on 08/31/2011 5:01:50 PM PDT by PapaNew
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To: EBH

silly me. I’m getting my bailout versions confused.


9 posted on 08/31/2011 5:02:14 PM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
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To: WOBBLY BOB

Almost one year ago to the very day...

I’m marking this post to compare what he says. LOL.


10 posted on 08/31/2011 5:04:04 PM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: WOBBLY BOB
If we had a media we would see his Green Stimulus program and Government loans have already gone out of business.
11 posted on 08/31/2011 5:05:07 PM PDT by scooby321
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To: EBH; WOBBLY BOB
pssst...did you not the date?

Obama headlines and articles about "Investments", "Stimulus", "Increased Spending", "Job Creation Plans", "Focused-Like-A-Laser", "Recession Is Over", and "Making Progress On The Recovery" are timeless and can be reused many times with no loss of continuity or effectiveness.


12 posted on 08/31/2011 5:11:43 PM PDT by Iron Munro (Muslims who advocate, support, or carry out Jihad give the other 1% a bad name)
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To: EBH
CALL HIS BLUFF. Write the bill to do away with the oil company subsidies, tax breaks and all plus the multinational companies subsidies and tax breaks he wants PLUS an equal amount of funding for unions, non government recipients like ACORN or its multiple reincarnations. In other words, dollar for dollar from the “right” and dollar for dollar from the left. Use this opportunity to DEFUND THE LEFT. Of course, this is predicated on the assumption that the elitist Republican establishment wants to refund and decant the brood of vipers when they have the chance. When he hitches about his oxen being gored, remind his imperial majesty that he wanted shared sacrifice so here it is. Either sign the bill because you meant what you said or veto it so everyone will know is was just the usual lie you tell.
13 posted on 08/31/2011 5:15:44 PM PDT by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER than a TEA BAGGEE.)
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To: EBH
The best job creator would be for Obama to resign.
14 posted on 08/31/2011 5:49:49 PM PDT by JamesA (You don't have to be big to stand tall)
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