View Full Version : Obama's Plan To Fix Unemployment
red states rule
07-03-2010, 02:20 PM
This from today's radio broadcast from Pres Obama
WASHINGTON – In this week’s address, President Barack Obama announced that the Department of Energy is awarding nearly $2 billion in conditional commitments from the Recovery Act to two solar companies. Abengoa Solar has agreed to build one of the largest solar plants in the world in Arizona, which will create about 1,600 construction jobs with over 70 percent of the construction components and products manufactured here in the USA. When completed, this plant will provide enough clean energy to power 70,000 homes. And, Abound Solar Manufacturing is building two new plants, one in Colorado and one in Indiana. These projects will create more than 2,000 construction jobs, and over 1,500 permanent jobs as the plants produce millions of state of the art solar panels each year.
http://www.whitehouse.gov/the-press-office/weekly-address-president-obama-touts-nearly-2-billion-new-investments-help-build-a-
OK, Obama wants to spend $2 billion to "create" 1600 jobs. That comes to $1,250,000 per job created
Sounds like another "stimulus" plan to me
and we all know how great a green economy is doing in Greece
KarlMarx
07-03-2010, 06:51 PM
Karl Marx's plan to reduce unemployment
1. Obama leaves the Presidency, pronto
2. Democrats in Congress quit, die, or are removed from office
3. Republicans act like conservatives and reduce taxes and cut spending
there you go
Insein
07-04-2010, 12:22 AM
Here's a real simple idea. Cut taxes. Put more money into the hands of people that need the relief. We don't need your handouts and we don't need more unemployment. Give us OUR money back by lowering the tax rates. When we have our money back, we will spend it. When we spend it, people who sell goods will make more money. This will allow them to by more goods. The people that make goods will make more money. This will allow them to buy more need resources to make their goods. The people that aquire those resources will make more money. They will need to hire more people to help gather those resources. Thus an economy can recover.
The key to an economy is to make sure the consumers have money to spend. If all the money is in the hands of the government, the consumers can't spend it. ITs not about government giving money to certain groups of people. Its about making sure consumers from all levels have more of their hard earned money in their pockets. The more they have, the more they are willing to spend.
red states rule
07-05-2010, 04:25 AM
Here's a real simple idea. Cut taxes. Put more money into the hands of people that need the relief. We don't need your handouts and we don't need more unemployment. Give us OUR money back by lowering the tax rates. When we have our money back, we will spend it. When we spend it, people who sell goods will make more money. This will allow them to by more goods. The people that make goods will make more money. This will allow them to buy more need resources to make their goods. The people that aquire those resources will make more money. They will need to hire more people to help gather those resources. Thus an economy can recover.
The key to an economy is to make sure the consumers have money to spend. If all the money is in the hands of the government, the consumers can't spend it. ITs not about government giving money to certain groups of people. Its about making sure consumers from all levels have more of their hard earned money in their pockets. The more they have, the more they are willing to spend.
Obama and the Dems are doing the opposite
On Jan 1, 2011 the BIGGEST TAX INCREASE IN US HOISTORY WILL HAPPEN. It will be a tax increase across the board and will hit every persn who earns a paycheck in America
Tax Cuts Expiring in 2010
1.Tax Rates. The top tax rate will go from 35% to 39.6%. In addition, if nothing is done, it will mean higher taxes across the board. See the proposed 2011 tax rates for more information.
2.Capital Gains. The 0% long term capital gains rate will go away. Capital gains rates will go up to 10% for lower tax brackets and from 15% to 20% for higher tax brackets.
3.Dividends. Dividends will be taxed as ordinary income, with the new higher rates. Right now the dividend tax rates are 10% and 15%.
4.Child Tax Credit. The child tax credit will return to $500 from the current $1,000 per child. In addition, it may not be refundable for some taxpayers.
5.529 Plans. 529 plan withdrawals will not be allowed tax free for computer or Internet access.
6.Business Taxes. In addition, various business taxes will change including the payroll tax credit and section 179 expense deduction.
7.Estate Taxes. Without any action, the estate tax (or death tax as some like to call it) exemption will go back to a $1 million exemption.
8.Other Tax Credits. The tuition credits will be limited, as will the earned income tax credit.
9.Mortgage Premiums. You will no longer be able to deduct mortgage insurance premiums after December 31, 2010.
http://www.mydollarplan.com/bush-tax-cuts-expire/
Sweetchuck
07-05-2010, 12:46 PM
Watch shit start to happen about a month or two before the November elections.
I guaran-fucking-tee it.
red states rule
07-05-2010, 02:38 PM
Watch shit start to happen about a month or two before the November elections.
I guaran-fucking-tee it.
I only wish the Bush tax cuts expired and voters saw smaller paychecks due to the tax increases BEFORE the November election
Powered by vBulletin® Version 4.2.5 Copyright © 2024 vBulletin Solutions Inc. All rights reserved.