Sep 6 - Obama to propose $300 billion jobs package on Thursday

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 6 years ago '04        #61
WhoThaFuk 2 heat pts
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Good luck Obama...the government has now taking control of the citizens. Our opinions means jacksh*t when a corporation is considered as a person with free speech.
 6 years ago '06        #62
TheKastOne 
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 VickVega said:
He could save a lot of jobs by keeping USPS from going out of business.(nobody to deliver your bills wouldnt be bad though.."It aint my Fault! the fu*king post office is gone!")
They even tryin to bail these mu'fu*kas out, see if they could restructure and stick around for the people who need them most.
 6 years ago '07        #63
S0ap 19 heat pts19
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another $300 billion?

peep this link:
for those that need visuals to see how much we're fu*kED.
 6 years ago '04        #64
ItAlY2BkLyN 238 heat pts238
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First off this sh*t is flawed from the beginning. The plan is said that the majority of the $300 billion would come mostly from tax breaks. Yet the very next part is that he is going to raise taxes in later years. What a fu*king swindler.

President Barack Obama plans to propose sparking job growth by injecting more than $300 billion into the economy next year, mostly through tax cuts, infrastructure spending and direct aid to state and local governments.

Obama will call on Congress to offset the cost of the short-term jobs measures by raising tax revenue in later years. This would be part of a long-term deficit reduction package, including spending and entitlement cuts as well as revenue increases, that he will present next week to the congressional panel charged with finding ways to reduce the nation’s debt.

Almost half the stimulus would come from tax cuts, which include an extension of a two-percentage-point reduction in the payroll tax paid by workers due to expire Dec. 31 and a new decrease in the portion of the tax paid by employers.

Obama is set to lay out his plans in an address to Congress tomorrow as unemployment remains at 9.1 percent more than two years after the official end of the worst recession since the Great Depression. Payroll growth stalled last month.

The unemployment rate and the sluggish recovery will be central issues as Obama runs for re-election next year. Former Massachusetts Governor Mitt Romney, a leading Republican seeking the party’s nomination to face Obama in November 2012, yesterday offered his own 59-point economic plan, including tax cuts for those making $200,000 or less a year. He and seven other Republican candidates are scheduled to debate tonight in California.


"Although investors will need to listen very carefully because the risk of policy error is high, I suspect his words will be more radical than the actual solutions put forward and that he will do just enough to be able to pass the buck back to [Ben] Bernanke for the Fed meeting in a couple of weeks time," Miller said in an email


Last edited by ItAlY2BkLyN; 09-07-2011 at 11:42 AM..
 6 years ago '04        #65
tanman10 2 heat pts
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 KFrizzle said:
This guy is gonna double what Bush spent if he gets 2 terms
at least he's spending the money on the people and not on wars
isn't that what everyone wanted bush to do? now they got what they wanted and they still mad sh*t it's impossible to please everyone
 6 years ago '04        #66
ItAlY2BkLyN 238 heat pts238
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 tanman10 said:
at least he's spending the money on the people and not on wars
isn't that what everyone wanted bush to do? now they got what they wanted and they still mad sh*t it's impossible to please everyone
I didn't get any money


Last edited by ItAlY2BkLyN; 09-07-2011 at 12:03 PM..
 09-07-2011, 11:59 AM         #67
Dos-effect 
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Yall sound like some fake a.ss republican.......where are we going to get the money? WFT cares..........if it creates jobs then so be it.................you dont want people working? WTF
 6 years ago '06        #68
hood135 2 heat pts
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 Shea-bird said:
What planet are you on dude? What have you been reading? People don't want it to happen under the Obama admin. beacuse he's a hypocritical, special interest loving, war starting idiot. He lost the majorities faith awhile ago. No one gives a sh*t what color he is.
Where in any of my post did i mention race? What planet are you on? And who do we put our faith in?
 6 years ago '04        #69
ItAlY2BkLyN 238 heat pts238
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 hood135 said:
It created jobs but not nearly enough. And there's a huge difference between 800 billi and 300 bill. I don't get it though. That plan wasn't successful so we scrap trying to create jobs altogether? Whatever happened to learning from our past experiences?

A lot of people in here are sounding like you want to stop government spending which is impossible. You have to spend money to make money. Right now, we're hoarding money...well debt anyway. We don't stand a chance in hell if we don't come together and get this thing right once and for all. We don't do that by sitting idle.

Its possible but there are too many c*ck suckers out there who just don't want to see it done under the Obama administration. Let's listen to what he proposes to do before we start sh*tting on him.
I agree we need to create jobs. And I also agree that we need to come together to do something ASAP.

However, I believe there is enough useless spending in our government to cover all $300 billion.

Unfortunately, it doesn't matter if it's Obama, Paul, Cheney, or whoever else, our goverment is still going to facilitate the same special agendas as it always has. This is the coming to light of a long running corruption that has been run by wall street for decades.
 6 years ago '06        #70
Darkpoet 2 heat pts
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 VerballyAbusive said:
What if he just gave the 300 billion to regular citizens in a calculated manner. For instance, college graduates and people who have business plans, get the most share for what they want to run. The problem with capitalism is the rich get rich and the poor get poorer. The rich are greedy as fu*k and the poor people have a very difficult time making it out

Wouldn't that automatically create millions of jobs while redistributuing the wealth and also helping out established business to grow? Sounds like a win win to everyone.

Or how about wiping out student loans to college graduates so that they can be free to create businesses with the extra money....

We need some new sh*t.
I think you're mistaking capitalism with corporatism...
 6 years ago '08        #71
Keno 19 heat pts19
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lol @ you people who don't understand Economics... we wouldn't even be in this situation if instead of a 700 billion stimulus package we had a 1.5 trillion or 1.7 trillion. NO SPENDING IS BAD!
 6 years ago '08        #72
Keno 19 heat pts19
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 Dos-effect said:
Yall sound like some fake a.ss republican.......where are we going to get the money? WFT cares..........if it creates jobs then so be it.................you dont want people working? WTF
you ever hear of government bonds... how do you think we buy those back? WE CREATE MONEY
you ever hear of inflation? how do you think thats controlled? BUYING & SELLING BONDS AND CREATING MONEY
you ever hear of a recession? how do you get out of one? you create and pump money into the economy

QUIT fu*kING LISTENING TO FOX NEWS .. they are not economical geniuses


Last edited by Keno; 09-07-2011 at 12:43 PM..
 6 years ago '04        #73
VerballyAbusive 
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 Darkpoet said:
I think you're mistaking capitalism with corporatism...
Capitalism enables corporatism....
 6 years ago '06        #74
Darkpoet 2 heat pts
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 VerballyAbusive said:
Capitalism enables corporatism....
And guns enable murdering...

What's your point? Free markets is the reason our economy strives. Consumer spending is 2/3 of the economy. People like competition. Capitalism is not the monster, politicians and big business relationships are.
 6 years ago '07        #75
Jayceon 492 heat pts492
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stimulus. give that sh*t straight to the people at the bottom. only not some 300 dollar pittance. everybody gets $2000. that type of sh*t is the beginnings of economic recovery.
 09-07-2011, 01:20 PM         #76
Dos-effect 
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 Keno024 said:
you ever hear of government bonds... how do you think we buy those back? WE CREATE MONEY
you ever hear of inflation? how do you think thats controlled? BUYING & SELLING BONDS AND CREATING MONEY
you ever hear of a recession? how do you get out of one? you create and pump money into the economy

QUIT fu*kING LISTENING TO FOX NEWS .. they are not economical geniuses
Fox News? save the political bullsh*t...........put people back to work so they can put food back on the table. fu*k all this talk about this and that..........you want to play economist fine.....but leave that to the people who pay this countries bills( the ones who actually cut the check that is).......problem is you prissy bi*ches are still living with mom and dad qouting 1 liners you probably watched on CNN or Fox News all summer.........nobody gives a fu*k.......people are starving, sick, and homeless they need jobs.....they dont need some spoiled piece of sh*t telling them that they dont deserve to work because of a deficit whatever needs to be done do it........as long as people get back to work
 6 years ago '10        #77
calicase 
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I see so many people on here with there opinion on my man, President Obama is f!ghting a f!ght that no other President has had to deal with before him, its hard to present anything to people with a closed mind just cause they dont want to like you, or respect you... Fine i can agree with that. But Respect the GOT Dayum position... and give the man a chance to make things better that, people before him messed up!.
 6 years ago '05        #78
DaSmoothiest 
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it dont matter who they put in office our country is going down because we let these people with big bank accounts and big egos run this muthafu*ka into the ground. It aint got sh*t to do with Obama, its these low down a.ss republicans and racist pricks that point the finger and blame the black man. Obama is still trying to clean up Bush mess...
 6 years ago '04        #79
JBeezy 1 heat pts
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 Keno024 said:
lol @ you people who don't understand Economics... we wouldn't even be in this situation if instead of a 700 billion stimulus package we had a 1.5 trillion or 1.7 trillion. NO SPENDING IS BAD!
 Keno024 said:
you ever hear of government bonds... how do you think we buy those back? WE CREATE MONEY
you ever hear of inflation? how do you think thats controlled? BUYING & SELLING BONDS AND CREATING MONEY
you ever hear of a recession? how do you get out of one? you create and pump money into the economy

QUIT fu*kING LISTENING TO FOX NEWS .. they are not economical geniuses
The irony of your two posts is staggering. No one at Fox knows anything about economics, (except maybe Judge Napolitano) and neither does anyone at MSNBC or CNN. Deep down, they're all government, yes-men, wannabe economists.

Read up on Austrian Business Cycle Theory before you start laughing at people you claim don't understand economics:



And as far as your statement that "NO SPENDING IS BAD!" and that we get out of a recession by creating money and pumping it into the economy, here's an article and video that showcases a situation where the opposite was done and the economy rebound rather nicely.


[video - click to view]


Lastly, if all this stimulus didn't work, why are people like you advocating more? Is it because your economic position isn't based on facts but rather, shouting, "They should have done more!!!!" whenever one of your ideas is attempted and doesn't work?


 VerballyAbusive said:
Capitalism enables corporatism....
You have no clue as to what capitalism actually is. Corporatism comes from government, and you can blame this moronic nation for understanding NOTHING of economics and just flat out not giving a sh*t about who they elect for this disaster of a government.
 6 years ago '05        #80
reallmusik 
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we dont have 300 billy!!!
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