red states rule
09-17-2011, 02:47 AM
Does anyone still think the left's tax and spend policies will work if more money is thrown at the natons problems? Or our bad economy is a result "of bad luck"?
Obama hopes you do but more and more people are not buying what he is selling
snip
It is hard to make a persuasive case for a $447 billion economic stimulus plan that looks and sounds so much like the $830 billion plan that Americans were sold two-and-a-half years ago. That first plan didn't "create or save" the 3.5 million jobs the White House promised, and most Americans don't agree with Vice President Biden that it worked beyond his "wildest dreams." Tell that to the 14 million Americans—two million more than when all the spending and borrowing began—who are still out of work, or the tens of millions who do have jobs but have seen their income drop in the last two years.
American voters can't conceive of how $447 billion of more debt and spending will create jobs when the last three years have already given us $4 trillion of new debt with no jobs. What is even harder to believe is the president's assurance that the new American Jobs Act "will not add to the deficit. It will be paid for." How can this plan be paid for when the first, $830 billion, plan has never been paid for?
While running for president Mr. Obama promised "pay as you go budgeting," and in February 2009 during his "fiscal responsibility summit" he sounded like Ronald Reagan when he said that "this is the rule that families across this country follow every single day, and there's no reason why their government shouldn't do the same." But the Obama government isn't doing the same. It is doing the opposite.
Here's another Obama promise that sounds like a whopper today. In 2008 he pledged he would "go through our federal budget—page by page, line by line—eliminating those programs we don't need, and insisting that those we do operate in a sensible cost-effective way." That hasn't happened.
In the wake of the lousy economic news, Mr. Obama, who promised a new era of "accountability," has blamed the ongoing jobs recession on "a run of bad luck." Who knew there would be a tsunami in Japan, disruptions in the oil supply from the Mideast—when has that ever happened before?—and so many other job-killing events beyond the president's control?
http://online.wsj.com/article/SB10001424053111903927204576572782466492342.html
Obama hopes you do but more and more people are not buying what he is selling
snip
It is hard to make a persuasive case for a $447 billion economic stimulus plan that looks and sounds so much like the $830 billion plan that Americans were sold two-and-a-half years ago. That first plan didn't "create or save" the 3.5 million jobs the White House promised, and most Americans don't agree with Vice President Biden that it worked beyond his "wildest dreams." Tell that to the 14 million Americans—two million more than when all the spending and borrowing began—who are still out of work, or the tens of millions who do have jobs but have seen their income drop in the last two years.
American voters can't conceive of how $447 billion of more debt and spending will create jobs when the last three years have already given us $4 trillion of new debt with no jobs. What is even harder to believe is the president's assurance that the new American Jobs Act "will not add to the deficit. It will be paid for." How can this plan be paid for when the first, $830 billion, plan has never been paid for?
While running for president Mr. Obama promised "pay as you go budgeting," and in February 2009 during his "fiscal responsibility summit" he sounded like Ronald Reagan when he said that "this is the rule that families across this country follow every single day, and there's no reason why their government shouldn't do the same." But the Obama government isn't doing the same. It is doing the opposite.
Here's another Obama promise that sounds like a whopper today. In 2008 he pledged he would "go through our federal budget—page by page, line by line—eliminating those programs we don't need, and insisting that those we do operate in a sensible cost-effective way." That hasn't happened.
In the wake of the lousy economic news, Mr. Obama, who promised a new era of "accountability," has blamed the ongoing jobs recession on "a run of bad luck." Who knew there would be a tsunami in Japan, disruptions in the oil supply from the Mideast—when has that ever happened before?—and so many other job-killing events beyond the president's control?
http://online.wsj.com/article/SB10001424053111903927204576572782466492342.html