Obama hosting bipartisan talks on economy (Obama losing on the economy and now needs a bailout)

LA Times ^ | 5/16/2012 | By Kathleen Hennessey

[tobyhill]

After months of trading blame and criticism from afar, President Obama and GOPcongressional leaders will meet Wednesday to discuss the economy — and, presumably, trade blame and criticism in person, more politely. The bipartisan gathering at the White House, the first since late February, is billed as a discussion of legislative solutions to the sluggish economy. The White House says President Obama will push House Speaker John A. Boehner (R-Ohio) and Senate Minority Leader Mitch McConnell (R-Ky.) to embrace his congressional to-do list, a short list of relatively small initiatives the president has said will spur growth.

Obama unveiled the list last week during an address in Albany, N.Y. As he did so, he mocked the unpopular Congress, his frequent foil, saying he'd made the list brief and easy, so it wouldn't take much reading. GOP leaders quickly dismissed the list as an election-year gimmick.

But Obama is aiming to show that he is serious about looking for common ground on economic measures. The White House says the president will give particular attention on Wednesday to a proposal that would give a 10% income tax credit to small businesses that hire new employees or increase wages. The measure would also extend tax deductions for business investment, a provision that would put $50 billion in business coffers over two years, according to the White House.

[tm61]

quite the come down for the boy god who proclaimed “I won, deal with it “

too bad we have been, and will be dealing with his screaming incompetence and coffee shop economics for many many years.

[dfwgator]

Who are the GOP Quislings who will fall for this?