You have that right. He needs to stop borrowing to stimulate. What should be done is give the corporations tax breaks so they can move work back into the Country and employee quite a few Americans. Stop the bleeding with foreclosures by actually assisting the homeowners more and not allowing the banks to drag there feet. Stop giving tax breaks to the very wealthy. There are so many things he can do that I am at a loss for words.
Why thank you. Yes, I know they are both guilty of it. As well as both guilty of most other things we can list. Which is just another reminder of why Washington is hopelessly corrupt in a money and power struggle. Both sides are equally to blame, despite their shoutings otherwise.
It's not an either or. The fed will do another QE to boost the stock market and reward Obama's wall street contributors and to create something positive to point to while he tries to argue for re-election. The stimulus is just for buying votes.
Really? The 2 have nothing to do with each other as evident by the company in Seattle. 14 jobs and no solutions. Typical. Lets see, Obama has raised the gas tax once and has plans to do it again. Gm wants him to add $1 tax to aid the auto company, He refuses to explore the energy resouces that are untapped here. So whether he creates a stimulus or not. Obama policies are already heading us to $6 per gallon gas. In fact that was something he said needed to happen on his campaign trail and brought up again during his first 100 days.
So what does repairing a bridge have to do with the price of gas? Or repairing a road? or any of the infrstructure projects? Nothing.
First, 20 mill here 20 mill there so what. It is that king of intelligence why the congress spent to m uch over the years.
WOW WE created 20Trillion everyone. In just the last 3 years. REALLY? so where is the money, 20 trillion would pay of the debt, pay for the budget and we would have money left over. Not to mention we would not have to raise the debt limit.Time to stop believing the talking points and those uninformed blogs you read.
1.Tax Relief: President Obama will propose tax relief incentives for companies that create jobs and hire new workers. 2.Infrastructure Investment: The president wants the government to invest in clean energy and new construction projects to build schools and transportation. 3.Assistance for Long Term Unemployed: Obama wants to help those who have been out of work for six months or more, which adds up to about 6 million Americans. Specifically the president is looking at a program such as Georgia Works – which gives unemployed Americans eight weeks of training at a local company while allowing them to still collect their unemployment benefits. And it’s no cost to the participating company.
It should be obvious to the objective that the programs pursued by Barack Obama have failed. Unemployment grinds on at over 9% , even as the ranks of the hard core unemployed, no longer counted in that figure,...
I find this argument sound and wonder at how republicans can be serious about the possible demise of the US Treasury Bond for the sake of taxes for the top 1% of the wealthiest Americans. Economists are flabbergasted...
http://www.washingtonpost.com/wp-dyn/co … 01900.htmlIn this Washington Post article it says that two-thirds of the stimulus went toward tax cuts, fiscal aid to states, and expanded unemployment benefits and food...