Will Obama's jobs plan improve the economy?

[heypa]

Who thinks "O" is really trying to create jobs?
In my opinion only the true believers.
IMHO he is well on his way toward successfully bankrupting this formerly great nation.
To do it in only one term is an astounding great achievement.
Do not underestimate this man and his backers.
The German people underestimated Hitler to their peril.

 

[chaosclarity]

Obama's intentions are fairly obvious. Another recession will make Obama unelectable, however, if he can somehow hold the country up out of recession then he has a chance at getting re-elected...even if he proposes a plan but it never gets put into place then he has a better chance of getting re-elected because now he has an excuse to tell the crowd.

 

[dtan1e]

wonder where they come up with that number 450, bc lots questions remain unanswered such as what sort of skills set will be sought and for what salary each, for how long, what are the projects, where's each projects' master plan, where they going to get funding, what is the long term ramifications of debt or "QE", do they even need this projects, are there better uses for the funds, any decent company that is going to spend that kind of money and doesn't have a proper plan is going to f**k up and for any company it takes a few years just to plan for that kind of investment, since its obvious they r going to squander this 450, instead of it ending up in some rich geezers' hands it is likely better as cash handouts to the unemployed indefinitely

 

[oldtime]

Quote from Scataphagos:

Robbing Peter to pay Paul.

Payroll taxes fund Social Security. Less money into that system, the greater the deficit burden.

Not a real solution to anything.

payroll taxes don't go into SSI anymore than any other taxes. They all go in the unified fund.

Not a real solution? Lower taxes is the ONLY solution.

What do I care if the country goes broke? How will that affect me?

Deficit smechifit. Who cares? As long as they don't take it from me.

All taxes should always be lower, and when they get too low, they should be lowered again.

What is it with you republicans? You don't like lower taxes because you didn't think of it?

 

[oldtime]

The best way to stimulate the economy and create jobs would be to eliminate all fuel taxes at the pump, both for truckers and 4 wheelers.

Then raise the minimum wage to $10/hr.

Every business has already laid off everyone they can, Raising the wage won't create more unemployment, and people making less than $10/hr will have some money to spend.

It's only money. We print it everyday and we can do whatever we want with it.

Inflation? No problem. Just start paying workers in gas coupons, foodstamps, and Walmart gift certificates.

Housing? I'll spare you till I think about it.

 

[chasinfla]

jobs plans are for communists.

 

[oldtime]

Quote from chasinfla:

jobs plans are for communists.

no kidding, and the one that cracks me up is calling some people "workers"

 

[Lucrum]

Quote from oldtime:

The best way to stimulate the economy and create jobs...Then raise the minimum wage to $10/hr...

Sounds like you're hoping for a pay raise.

 

[Lucrum]

Quote from dtan1e:

wonder where they come up with that number 450, bc lots questions remain unanswered such as what sort of skills set will be sought and for what salary each, for how long, what are the projects, where's each projects' master plan, where they going to get funding, what is the long term ramifications of debt or "QE", do they even need this projects, are there better uses for the funds, any decent company that is going to spend that kind of money and doesn't have a proper plan is going to f**k up and for any company it takes a few years just to plan for that kind of investment, since its obvious they r going to squander this 450, instead of it ending up in some rich geezers' hands it is likely better as cash handouts to the unemployed indefinitely

In short Obama has no real detailed plan. He's never come up with one in his entire life. He and his cabinet have absolutely no idea whatsoever what to do or how to go about doing it. To them mountains of other people's money will solve any problem, and if not then they just didn't spend enough to start with.

 

[oldtime]

Quote from Lucrum:

Sounds like you're hoping for a pay raise.

I figured it out one time.

My first year trading I made the equivalent of $8/hr. (And that's assuming I only spent 40 hrs a week on it.)

I made $7.90 an hr at night working in a C store.

I was the only one on the night shift.

I got to thinking, no matter how hgh the minimum wage, they're not going to close this place just because it costs them an extra 16 bucks to pay me to clean this place up every night.