Update: Understand that Obama, in his abject immaturity, believes that since he took elements from Republican legislative efforts of the past and, also, from the Dems, he believes that he has done the negotiating for the GOP and hence, "Pass the bill now, pass all the bill, and pass it now - time for talk is over; time for action is right now." (the man can't even come up with an original "buy" line.) He started making this demand less than 24 hours after first presenting it to a joint session of congress !!! Question: if this clown does not understand American politics and how things happen, what in the world is really going on in the world of foreign diplomacy????
Original post:
Obama’s $447 billion job-creation plan reportedly cuts back the employee payroll tax cut by as much as 50% but income tax will be paid on the increased income; creates a national infrastructure bank (more bureaucracy, more government jobs, more regulations, more union only jobs) and extends unemployment insurance benefits for an additional year (more debt).
The one comment that is a puzzle to me is this statement: ". . . it remains unclear how the nation will pay for the nearly half-trillion dollar program." I do not understand what is "unclear," on this point. Obama made it sound soooooooo simple. Remember that Super sub-committee in charge of finding 1.5 trillion in cuts by December of this year? Obama expects this commission to increase its goal of cutting 1.5 trillion to 2 trillion. Simple. My question is this: why did he suggest the commission increase its goal to 4 trillion in cuts, or 6 trillion or 16 trillion, the amount of government debt that will be incurred over the coming decade? Why not, seriously.
Look, the Man wakes up one morning and like a little kid, says, " I know. I will give the problem to others, an order, and it will happen . . . . . . and if it doesn't, I will have my scape goat."
Understand that all the jobs he has in mind are union scale jobs. All the money he intends to spend will be spent in a single year. All the money he intends to "cut" will be cut over the course of the next ten years. And the only people who are seriously happy with this bill are the radicals at MSNBC and the socialist Marxists at the Congressional Black Caucus. His proposal is not even complete in his own feeble mind. He is busy writing the remainder as we speak. In fact, he plans on delivering the rest of his proposal sometime next week.
Worse yet, Obama is not about to negotiate this bill. When asked this afternoon, his spokesman made it clear that Obama expects the entire bill to be passed or "he will take it to the people."
Funny, it is the "people" who have registered their complaint against this genius. It is the people who repeatedly say, "He hasn't a clue" (40% in recent Fox and CNN polls).
The fact of the matter is this, the "people he will take it to" are his own, liberal college types, union yes men and those who do think for themselves. I call these people "the choir." Let's not forget the beauty, Maxine Waters. In her comments reviewing Obama's, Waters sold out her constituency, a poor black national community that Obama refuses to visit. "The Black Caucus is all over this speech" was that comment and making it, she through her people under the bus. This proposal by Obama will not assist a single Black man in getting a good paying job.
Anyway, this is all a sham, a strategy to get Obama elected. It is childish and transparent. And, six months from now, it will be meaningless as a strategy. Understand this: Obama pulled this trick 13 months too early. He will not be able to ride this wave - should there be one - any longer than three or four months. Six months? This will be history by then. The real question is, what will he do for an encore.
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