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  #1  
Old 10-12-2011, 10:05 PM
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No jobs bill and no ideas.

http://www.nytimes.com/2011/10/13/opinion/no-jobs-bill-and-no-ideas.html?_r=1


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  #2  
Old 10-12-2011, 10:51 PM
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I don't like the Prez much but figure that he must be doing OK since the Left & Right both hate him.

The gubmt continues to promote war and occupy foreign countries, do nothing about health care inflation, subsidize oil, promote nuclear with no viable long term storage options, promote the burning of our food supply and then say they need more tax dollars. Then the politicians become wealthy in the process. wtf!!!
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  #3  
Old 10-12-2011, 10:57 PM
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Yes we can!
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  #4  
Old 10-13-2011, 05:04 AM
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Quote:
Originally Posted by Local2ED View Post
This is what the article says. It is accurate. The Republican party has nothing to offer except more tax cuts for the rich and continued enslavement to corporate interests and continues to be the party of "No".
**********

NYT Editorial

No Jobs Bill, and No Ideas

Published: October 12, 2011

It was all predicted, but the unanimous decision by Senate Republicans on Tuesday to filibuster and thus kill President Obama’s jobs bill was still a breathtaking act of economic vandalism. There are 14 million people out of work, wages are falling, poverty is rising, and a second recession may be blowing in, but not a single Republican would even allow debate on a sound plan to cut middle-class taxes and increase public-works spending.

The bill the Republicans shot down is not a panacea, but independent economists say it would have a significant and swift effect on the current stagnation. Macroeconomic Advisers, whose forecasts are often used by the Federal Reserve, said it could raise economic growth by 1.25 percentage points and create 1.3 million jobs in 2012. Moody’s Analytics estimated new growth at 2 percentage points and 1.9 million jobs. Those economists say that Republican ideas for increasing growth would have no measurable effects in the next year.

The Republicans offer no actual economic plans, only tired slogans about cutting regulations and spending, and ending health care reform. The party seems content to run out the clock on Mr. Obama’s term while doing very little. On Tuesday, Mr. Obama’s campaign manager, Jim Messina, accused Republicans of trying to “suffocate the economy” in hopes that the pain would work to their political advantage. They are doing little to refute that charge.

Their lack of serious ideas was on full display in both the Senate and the presidential debate on Tuesday night in New Hampshire. The debate was ostensibly about the economy, but when the freshest and most-talked-about idea is Herman Cain’s ridiculous “9-9-9” tax plan, it is clear that the economy they were debating is not the one Americans are forced to live in. Mr. Cain — whose rise in the polls says everything you need to know about the amateur-hour decline of his party — wants to replace all federal taxes with a 9 percent levy on corporate income, personal income and sales. As Bruce Bartlett, an economist who has worked in Republican administrations, recently wrote in The Times, it is a formula designed to cut taxes for the rich and increase them for the poor, raising the deficit and doing nothing for growth.

The other candidates were no less vacuous. Mitt Romney offered an ash heap of used ideas, saying he would push a balanced-budget amendment, cut back on regulations, and go chest to chest with China on trade. Rick Perry, when he could be stirred to speak, vowed to somehow put 1.2 million people to work in the energy industry, as if the whole country were Texas and drills could pop up on every block.

Republican candidates fear the Tea Party too much to acknowledge that economists are solidly behind government intervention to awaken growth. The jobs bill rejected by Republican leaders will now be reintroduced piece by piece, and Republicans are not likely to go along with much more than an extension of the payroll tax cut (which is opposed by Mr. Romney). But at least the record is increasingly clear who is advocating real ideas and who is selling an empty vessel.
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  #5  
Old 10-13-2011, 07:26 AM
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I'd be willing to pay Congress more if they would do LESS. I like inaction. I love gridlock. This is the best thing that can happen for the people who pay taxes.
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  #6  
Old 10-13-2011, 08:16 AM
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So we've already thrown a Trillion $$ more or less into the rathole of "stimulus" and that has produced almost nothing--no jobs to speak of, no economic boom. So the President's answer is to do more of the same. Isn't that the classic definition of insanity?
Haven't we yet learned that economies do not run from the top-down?
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  #7  
Old 10-13-2011, 10:03 AM
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Originally Posted by Botnst View Post
I'd be willing to pay Congress more if they would do LESS. I like inaction. I love gridlock. This is the best thing that can happen for the people who pay taxes.
Normally, I would agree with you. However, the one thing I keep hearing over and over from leaders of corporations is that they have money that could be used for expansion, but are afraid to act because the Congress is too indecisive regarding regulation, and taxation until they can see what that landscape will look like in the near future.

Also, there is a boat load of money over seas that could be employed in the US in ways that would create jobs, if Congress was willing to waive the tax penalties or at least some of them, if those dollars were brought into the coffers of the American companies to whom they belong. Our government is failing us in a huge way.

I would say that we should just vote everybody out, but who would we replace them with?

I believe that you are expressing the sentiments of our founding fathers, however, Bot. They seemed to think the less our government did, the better. They meddle in way too many areas of our lives now.
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  #8  
Old 10-13-2011, 10:04 AM
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Originally Posted by MS Fowler View Post
So we've already thrown a Trillion $$ more or less into the rathole of "stimulus" and that has produced almost nothing--no jobs to speak of, no economic boom. So the President's answer is to do more of the same. Isn't that the classic definition of insanity?
Haven't we yet learned that economies do not run from the top-down?
That's not true, Fowler. That's the way communist ones do . . . oops . . .
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  #9  
Old 10-13-2011, 10:13 AM
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The Congress and the GOP primary candidates have several ideas . . . but apparently they won't launch till 2013, and likely won't have any impact on jobs or the economy until a year after that. Meanwhile the "Super Committee" in Congress has to cut a few trillion, otherwise automatic reductions kick in. Stay tuned.
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  #10  
Old 10-13-2011, 10:26 AM
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Originally Posted by MTI View Post
The Congress and the GOP primary candidates have several ideas . . . but apparently they won't launch till 2013, and likely won't have any impact on jobs or the economy until a year after that. Meanwhile the "Super Committee" in Congress has to cut a few trillion, otherwise automatic reductions kick in. Stay tuned.
Yes, "Super Committee" is having trouble agreeing on what and how to cut. Who would have ever imagined that?! As usual, the idea was to delay cuts until sometime in the future, and now they can't do it. I am not a fan of across-board cuts, but I am glad for them as they amount to some teeth that has been lacking.
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  #11  
Old 10-13-2011, 01:54 PM
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Quote:
Originally Posted by Jim B. View Post
This is what the article says. It is accurate. The Republican party has nothing to offer except more tax cuts for the rich and continued enslavement to corporate interests and continues to be the party of "No".
**********

NYT Editorial

No Jobs Bill, and No Ideas

Published: October 12, 2011

It was all predicted, but the unanimous decision by Senate Republicans on Tuesday to filibuster and thus kill President Obama’s jobs bill was still a breathtaking act of economic vandalism. There are 14 million people out of work, wages are falling, poverty is rising, and a second recession may be blowing in, but not a single Republican would even allow debate on a sound plan to cut middle-class taxes and increase public-works spending.

The bill the Republicans shot down is not a panacea, but independent economists say it would have a significant and swift effect on the current stagnation. Macroeconomic Advisers, whose forecasts are often used by the Federal Reserve, said it could raise economic growth by 1.25 percentage points and create 1.3 million jobs in 2012. Moody’s Analytics estimated new growth at 2 percentage points and 1.9 million jobs. Those economists say that Republican ideas for increasing growth would have no measurable effects in the next year.

The Republicans offer no actual economic plans, only tired slogans about cutting regulations and spending, and ending health care reform. The party seems content to run out the clock on Mr. Obama’s term while doing very little. On Tuesday, Mr. Obama’s campaign manager, Jim Messina, accused Republicans of trying to “suffocate the economy” in hopes that the pain would work to their political advantage. They are doing little to refute that charge.

Their lack of serious ideas was on full display in both the Senate and the presidential debate on Tuesday night in New Hampshire. The debate was ostensibly about the economy, but when the freshest and most-talked-about idea is Herman Cain’s ridiculous “9-9-9” tax plan, it is clear that the economy they were debating is not the one Americans are forced to live in. Mr. Cain — whose rise in the polls says everything you need to know about the amateur-hour decline of his party — wants to replace all federal taxes with a 9 percent levy on corporate income, personal income and sales. As Bruce Bartlett, an economist who has worked in Republican administrations, recently wrote in The Times, it is a formula designed to cut taxes for the rich and increase them for the poor, raising the deficit and doing nothing for growth.

The other candidates were no less vacuous. Mitt Romney offered an ash heap of used ideas, saying he would push a balanced-budget amendment, cut back on regulations, and go chest to chest with China on trade. Rick Perry, when he could be stirred to speak, vowed to somehow put 1.2 million people to work in the energy industry, as if the whole country were Texas and drills could pop up on every block.

Republican candidates fear the Tea Party too much to acknowledge that economists are solidly behind government intervention to awaken growth. The jobs bill rejected by Republican leaders will now be reintroduced piece by piece, and Republicans are not likely to go along with much more than an extension of the payroll tax cut (which is opposed by Mr. Romney). But at least the record is increasingly clear who is advocating real ideas and who is selling an empty vessel.

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  #12  
Old 10-13-2011, 02:11 PM
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Don't get me wrong. I think that there isn't a single politician in DC worth a bucket of warm spit, regardless of their party.

That said, the claim that the Republicans have submitted no ideas is laughable. Eric Cantor submitted a very viable plan, but the dems laughed it off.

The dems are still in power and they may not LIKE Eric Cantor's plan, but saying that they have not produced one is an outright lie.

The best way to handle it is vote EVERY SINGLE INCUMBENT OUT OF OFFICE! They are ALL Bozo's. Repub's, Dem's you name it.
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  #13  
Old 10-13-2011, 02:21 PM
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Don't get me wrong. I think that there isn't a single politician in DC worth a bucket of warm spit, regardless of their party.

That said, the claim that the Republicans have submitted no ideas is laughable. Eric Cantor submitted a very viable plan, but the dems laughed it off.

The dems are still in power and they may not LIKE Eric Cantor's plan, but saying that they have not produced one is an outright lie.

The best way to handle it is vote EVERY SINGLE INCUMBENT OUT OF OFFICE! They are ALL Bozo's. Repub's, Dem's you name it.

Oh no it'll never work, I just knew we were gonna be in for it!
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  #14  
Old 10-13-2011, 02:23 PM
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Oh no it'll never work, I just knew we were gonna be in for it!


Thanks for the self portrait. You look a little bit different than I imagined, but not much.

Have a great day!
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  #15  
Old 10-13-2011, 02:43 PM
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Thanks for the self portrait. You look a little bit different than I imagined, but not much.

Have a great day!
Different hat?

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