Skip to comments.
Obama says jobs plan could create 1.9 million jobs
AFP via Google News ^
| September 16, 2011
| By Stephen Collinson
Posted on 09/16/2011 4:06:17 AM PDT by Oldeconomybuyer
US President Barack Obama said his jobs plan could boost growth by 2.0 percent and shave one percent off the unemployment rate, for the first time citing estimates of the bill's impact.
The White House has been wary of making predictions for the American Jobs Act in the knowledge that its forecasts for Obama's 2009 stimulus plan turned out to be too rosy, handing his opponents a potent political weapon.
But Obama gave more details at a Democratic Party fundraiser in Washington, as he steps up his campaign to force Congress to pass the $447 billion dollar bill, which is weighted towards payroll tax cuts.
"It's estimated that the American Jobs Act would add two percentage points to the GDP, and add as many as 1.9 million jobs, and bring the unemployment rate down by a full percentage point," Obama said.
(Excerpt) Read more at google.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: election2012; failure; obamajobsplan; porkulus; socialism
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-59 next last
To: Oldeconomybuyer
2
posted on
09/16/2011 4:07:52 AM PDT
by
traditional1
("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
To: Oldeconomybuyer
Only really rasies one question:
“What made him pick that particular number out of thin air?”
To: Oldeconomybuyer
The only thing “shovel-ready” is this jackass’s job......
4
posted on
09/16/2011 4:09:12 AM PDT
by
traditional1
("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
To: Oldeconomybuyer
Would this be the “American Jobs Act” bill that none of His People wanted to file in Congress? B.S. merchant.
5
posted on
09/16/2011 4:11:08 AM PDT
by
tgusa
(Gun control: deep breath, sight alignment, squeeze the trigger......)
To: Oldeconomybuyer
force Congress to pass the $447 billion dollar bill 1) The Executive Branch writes the laws.
2) The Legislative Branch rubber-stamps the laws.
3) If Step #2 proves troublesome, use force.
6
posted on
09/16/2011 4:11:35 AM PDT
by
ClearCase_guy
(The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
To: PBRSTREETGANG
“What made him pick that particular number out of thin air?”That's what his bosses told him he needs by November 2012 to have a snowball's chance in Hades at reelection.
7
posted on
09/16/2011 4:13:33 AM PDT
by
Sooth2222
("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
To: Oldeconomybuyer
Obama has ZERO credibility on this issue.
To: Oldeconomybuyer
$245k/job. I’m not impressed even if his numbers are right.
To: Oldeconomybuyer
Every breathe Obama takes saves a universe.
He should be given absolute control of everything so he can demonstrate his perfection.
10
posted on
09/16/2011 4:15:21 AM PDT
by
MrBambaLaMamba
(This Message Contains Privileged Attorney-Client Communications)
To: Oldeconomybuyer
As long as he’s pulling numbers out of his arse, why not go big and say a trillion jobs? After all that’s his favorite number and he only learned that it existed upon becoming president.
Shhhh, nobody tell him what comes after a trillion.
To: traditional1
“O” needs a sphincter on his mouth
12
posted on
09/16/2011 4:19:51 AM PDT
by
SMARTY
("When you blame others, you give up your power to change. " Robert Anthony)
To: Oldeconomybuyer
AttackWatch ? can we report someone who is pretending to created jobs by raising taxes ?
To: Oldeconomybuyer
Even the rats know obama is lying, especially when it comes to numbers but they are obligated by party to humor him.
To: Oldeconomybuyer
Anybody can whip out the credit card and hire people.
That does not create a sustainable job or wealth.
It simply runs up a large bill that must be paid another day. In truth it is spending your future earnings. Not good for ones future if you plan on having one.
15
posted on
09/16/2011 4:20:47 AM PDT
by
DB
To: American Constitutionalist
“...pretending to created jobs by raising taxes”
Only spoiled children want it both ways and can’t understand why there is a difference.
16
posted on
09/16/2011 4:21:34 AM PDT
by
SMARTY
("When you blame others, you give up your power to change. " Robert Anthony)
To: Oldeconomybuyer
450 billion divided by 1.9 million is $236000 per job.
17
posted on
09/16/2011 4:22:00 AM PDT
by
reg45
To: Oldeconomybuyer
ANYTHING THAT obama SAID, SAYS OR WILL SAY... IS ALL A LIE... HE HAS NEVER TOLD THE TRUTH... THE TRUTH IS NOT IN HIM... HE IS EVIL AND CONNIVING AND PUTRID... HE IS NOT OF THE FATHER.
LLS
18
posted on
09/16/2011 4:23:50 AM PDT
by
LibLieSlayer
(Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
To: Oldeconomybuyer
How about 10 million jobs?
19
posted on
09/16/2011 4:24:34 AM PDT
by
wastedyears
(Of course you realize, this means war.)
To: PBRSTREETGANG
keynesian economic formula.
LLS
20
posted on
09/16/2011 4:24:34 AM PDT
by
LibLieSlayer
(Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-59 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
