Posted on 06/13/2010 4:31:14 AM PDT by tobyhill
President Obama urged reluctant lawmakers Saturday to quickly approve nearly $50 billion in emergency aid to state and local governments, saying the money is needed to avoid "massive layoffs of teachers, police and firefighters" and to support the still-fragile economic recovery.
In a letter to congressional leaders, Obama defended last year's huge economic stimulus package, saying it helped break the economy's freefall, but argued that more spending is urgent and unavoidable. "We must take these emergency measures," he wrote in an appeal aimed primarily at members of his own party.
The letter comes as rising concern about the national debt is undermining congressional support for additional spending to bolster the economy. Many economists say more spending could help bring down persistently high unemployment, but with Republicans making an issue of the record deficits run up during the recession, many Democratic lawmakers are eager to turn off the stimulus tap.
(Excerpt) Read more at msnbc.msn.com ...
Yep, they go for parks and skool buses....it's all designed to rile the masses and convince them to turn over yet more of their hard earned money. I sure hope people don't fall for this BS (again). There are a virtually unlimited number of programs and such that could be cut and no one would ever miss (except the pol that is deriving power from it)......
When I was a kid in school, there was a superintendant (presiding over many schools) a principal, and later a vice-principal. Now there are assistant vice-principals with secretaries! What’s next? Assistants to assistants?
I remember before the vote on Prop. 13 in California, people in government were saying Prop. 13 would result in massive layoffs of police and firefighters. They used that scare tactic heavily in the months before the election but it didn’t work. It was all BS of course because Prop. 13 did not immediately cut property taxes, it just limited future growth in property assessments and taxes. After Prop. 13 passed, there was absolutely no impact on local government and Prop. 13 helped the state’s economy by preventing many residents from being taxed out of homes they had owned for many years.
This plea for more money for local government looks like it’s mainly an attempt by the democrats to avoid headlines about layoffs of police and firefighters in the next five months before the mid-term election. They could get the money from the stimulus bill but they want to spend as much money as possible ahead of the election and so they’re asking for even more deficit spending this year. I say no to more spending. Instead they can get money for essential services by cutting the pork spending in the stimulus bill.
Yep, I think you’ve hit on the crux of the problem. Skool systems are way, way too top heavy with Administrators and paper pushers, a lot of it in response to useless Federal regulations.
Politicians in Kane County, Utah might be a conservative lot, however do not have the clout or the substance to take these guys on. Now they may certainly fail as once again the parks get the stimulus money and the local businesses get the shaft.
We need the help of Mark Levin on this issue where an entire county of small businesses will be devastated because of Stimulus Money.
And the irony is, you haven't even *spent* all of that yet.
You stole it, and now where is the other half that didn't pay for census workers and multiple hire/fire fake job creation cycles?
Where's the other $400 billion, Soetoro?
We already have them. The problem is not teachers, policemen and firefighters. It is all the other folks on public and private payrolls who do things that no one needs done charging fees that are legally imposed. This structural inefficiency in our economy has gotten way out of line, and just adding money is not going to fix the problem. A faltering economy cannot continue to pay folks not only to do nothing useful (that is a minor part of the problem), but in fact to interfere in and raise the costs of productive parts of the economy.
It has all been totally out of control for a long time. The Keynesian notion of fiscal stimulus only, arguably, helps when a depression is due to severe monetary contractions. But when a society needs to liquidate malinvestment (usually arising from too many Keynesian monetary interventions in the first place) then bankruptcy and restructuring so that assets (labor, capital equipment, real estate) can be dedicated to more productive uses is in order.
As this article points out, stimulus money is a poor substitute for the micro-investment decisions that get made every day in the marketplace. The point that liberal keep missing is that they might have all the smart people in the world making decisions in Washington DC (that they don't is another major point, but I won't address it here), but they simply cannot have all the information that the folks on the ground in the local economy use in making their own economic decisions.
Let’s see if I understand this correctly. If you create PRIVATE SECTOR JOBS you get in tax revenue which goes to pay for public sector workers. If you cut PRIVATE SECTOR JOBS you receive less tax revenue and then public sector jobs will have to be cut.
That about right?
Exactly
Was watching Fox News this morning covering this report waiting for someone to say the "U" word.
Shockingly, not a word < /s>
The strategy for Republicans needs to be delay, delay, delay. The fewer bills passed before January, the better the chance for the survival of the Republic. Delay, delay, delay.
More money does not solve the problem, that’s for sure.
In N.J. there are what are called “Abbott” districts. They are the schools in blighted urban areas. The rest of the state pays additional property taxes so that the poorer schools can survive. Well, that’s what we’ve been told anyway, but in reality all of the extra millions do not make a difference in the bottom line, and that’s the test scores.
PLUNDER by Steven Greenhut is meticulously researched and
vivid in detail how local officials and union heads are in
bed with each other. Union money equals votes, votes equals
payback.
We need to impeach Obama,try him for treason and send him to Gitmo to rot with his buddies.
BUMP! BUMP!
Thanks for the ping, Utah Binger.
I have drastically curtailed ANY unnecessary spending while the POS socialists and their RINO enablers are in power. The economic poison pills (entitlements) they have FORCED on us over the years are coming home to roost. When the collapse finally arrives, it should be on their watch.
(If and)When these pukes are swept from power it may be OK to gently increase personal spending (c'mon November). (The usefull idiots spend no matter who is in power so they are an ally in this regard.)
The backup plan so well-stated by another FReeper is gold, guns, groceries. I know that many on this forum (having read their posts) are preparing, have quit feeding the beast or are considering living off grid.
BE PREPARED
What a disaster. The states are NOT too big to fail. In fact, a healthy dose of failure (read responsibility) is EXACTLY what the citizens of each state need in order to wake up and lead instead of taking cues from Washington.
Fixed.
We need education not indoctrination.
(New York) State put freeze on hiring, then added 51,464 people
But state officials hired 51,464 people at a cost to taxpayers of more than $1 billion in salaries, plus fringe benefits, since that decree on July 30, 2008.
The hires include sons of elected officials, a close friend of the governor’s and a slew of highly paid political appointees.
Question for the rest of the nation: Bail this out?! Do you need your ever lovin' heads examined?!?
Now you understand the go along-get along mentality of Hatch and Bennett. I wrote to Hatch and told him that he needs to get on our team for a change or he too will be shown the door just like Mr Milquetoast Bennett.
Well, if you wanna get ‘em riled up, pass along that link from my above post :)
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