American Jobs Act Point By Point

guardian.co.uk ^ | 9/8/2011 | guardian.co.uk

[Dubya-M-DeesWent2SyriaStupid!]

Here is Obama's plan.I did a search looking for this and I am not kidding the American alphabet media were having thrills posting only news headlines and articles on how great it is.

The UK paper posted it.It was embargoed until after his speech.

Click below to read the PDF easier reading version.

American Jobs Act

[max americana]

No need to read this crap. Simple really...if $700 billion stimulus did not work, what the F will another $450 billion do?

[P.O.E.]

bump to read later tomorrow (too late at night - Obama fatigue)

[Indy Pendance]

The jobs plan is this, remove obama.

[Dubya-M-DeesWent2SyriaStupid!]

Making an Immediate Investment in Our Roads, Rails and Airports: The President’s plan includes $50 billion in immediate investments for highways, transit, rail and aviation, helping to modernize an infrastructure that now receives a grade of “D” from the American Society of Civil Engineers and putting hundreds of thousands of construction workers back on the job. The President’s plan includes investments to improve our airports, support NextGen Air Traffic Modernization efforts, and resources for the TIGER and TIFIA programs, which target competitive dollars to innovative multi-modal infrastructure programs. It will also take special steps to enhance infrastructure-related job training opportunities for individuals from underrepresented groups and ensure that small businesses can compete for infrastructure contracts. The President will work administratively to speed infrastructure investment through a recently issued Presidential Memorandum developed with his Jobs Council directing departments and agencies to identify high impact, job-creating infrastructure projects that can be expedited in a transparent manner through outstanding review and permitting processes. The call for greater infrastructure investment has been joined by leaders from AFL-CIO President Richard Trumka to U.S. Chamber of Commerce PresidentThomas Donohue.

Establishing a National Infrastructure Bank: The President is calling for Congress to pass a National Infrastructure Bank capitalized with $10 billion, in order to leverage private and public capital and to invest in a broad range of infrastructure projects of national and regional significance, without earmarks or traditional political influence. The Bank would be based on the model Senators Kerry and Hutchison have championed while building on legislation by Senators Rockefeller and Lautenberg and the work of long-time infrastructure bank champions like Rosa DeLauro and the input of the President’s Jobs Council.  Project Rebuild: Putting People Back to Work Rehabilitating Homes, Businesses and Communities. The President is proposing to invest $15 billion in a national effort to put construction workers on the job rehabilitating and refurbishing hundreds of thousands of vacant and foreclosed homes and businesses. Building on proven approaches to stabilizing neighborhoods with high concentrations of foreclosures, Project Rebuild will bring in expertise and capital from the private sector, focus on commercial and residential propert

[isthisnickcool]

I read it and it is more of the same dumb sh!t some college professor that knows nothing about real business would think makes sense. A college professor that wants to grease unions....

[RayChuang88]

The jobs plan is this, remove obama.

Good enough for me!

[MulberryDraw]

To ensure that the American Jobs Act is fully paid for, the President will call on the Joint Committee to come up with additional deficit reduction necessary to pay for the Act and still meet its deficit target. The President will, in the coming days, release a detailed plan that will show how we can do that while achieving the additional deficit reduction necessary to meet the President’s broader goal of stabilizing our debt as a share of the economy.

Well this should be interesting. Should we hold our breath while waiting?

[Chode]

feh...

[SatinDoll]

Infrastructure Bank = slush fund to Progressive Party (finances ILWU umion constrution sites and allows political donations to flow to Progressives coffers via government paid projects.)

[Marty62]

Cutting the payroll tax in half for 98 percent of businesses: The President’s plan will cut in half the taxes
paid by businesses on their first $5 million in payroll, targeting the benefit to the 98 percent of firms that
have payroll below this threshold.

More payoffs for Corps.
forget Mom and POP.

[Dubya-M-DeesWent2SyriaStupid!]

They are only calling for just a measley ole 10 billion (that Obama will get WHERE?) to stock and build? his “National Infrastructure Bank.”

[P-Marlowe]

That is NOT the “act”. It is nothing more than a press release about the bill the WH has not even written yet.

[Indy Pendance]

Don’t you just hate it? I’m so sick and tired of all this crap. I was a young adult during Carter. This is the same. I couldn’t wait for their win, no difference here.

[Lazlo in PA]

Allowing more Americans to refinance their mortgages at today’s near 4 percent interest rates,

Like everyone under the sun didn't run out and do this already. Who else are they going to "allow"? Is Obummer planing on picking up the costs of people doing this? This makes no sense like the rest of the s#!t.

[Singermom]

Amazing Obama wants everyone to have a job and then wants to tax the business until they have to close. What a hypocrite.

[PapaNew]

"Jobs plan? What jobs plan? We don’t need no stinking jobs plan!"

America needs WEALTH CREATION something government and the leftists can do nothing about except GET OUT OF THE WAY.

[Jeff Head]

Obama wants top push another destructicve stimuls package down our throtyas that will continue to destroy the free market while rewqarding his cohorts and abettors.

His entire attitude is epitomized by the following:

THE MAN WHO DESPISES AMERICA

[Dubya-M-DeesWent2SyriaStupid!]

He said in his speech he can do what he needs to w/o them.To him it is an act and he ordered to act.

[pgyanke]

"Think of it this way: if you want more milk, create an environment in which cows will thrive. And just as it makes no sense to say you want more milk but oppose cows because they’re smelly, dirty, and leave their droppings all over the place—it makes no sense to say you want more jobs but oppose entrepreneurs because when they succeed they often wind up with more money than the rest of us. You cannot have it both ways."

-- Herbert Meyer, American Thinker 9/6/11