The Rushpubliscums crying about the President’s stimulus package and its high costs always seem to leave one thing out that has a lot to do with those costs.

The Rushpubliscums managed to talk Mr. Bipartisanship into sticking in around $260 BILLION worth of tax cuts into that package.

Many of us who were watching this unfold were screaming, tearing our hair out. Why on Earth would that work THIS TIME any better than it EVER works?

Yeah…. it didn’t work any better, although the infrastructure spending has clearly done some good. What a pity this supposed liberal didn’t listen to a few of us ACTUAL liberals. He might not have to face the jobs thing down yet again, and the Rushpubliscums? They’d have been acting….. HOW, towards him?

Exactly.

Why does he continue to pander to them, when no matter what he does they will continue to try to destroy him? I’d do whatever I thought was right, and fuck the “bipartisan” shit. That isn’t what we elected him to do anyway.

Troubled by the rising jobless rate, President Barack Obama and the Democratic majority in Congress are assembling a jobs package that would devote billions of dollars to projects meant to put people back on payrolls in 2010 and keep them working.

Discussions over the scale of the bill are fluid, but lawmakers said the intent was to move swiftly and get a jobs bill to Obama’s desk as early as January.

The renewed push to create jobs is driven by a recognition that the $787 billion stimulus program enacted in February is not a sufficient remedy for an unemployment rate that stands at 10.2 percent. Nearly 16 million people were unemployed as of October, and 3.49 million jobs have been lost since January, according to the Bureau of Labor Statistics.

The stimulus boosted employment but “did it in a way that was not as highly visible as a lot of people would like,” said Rep. Betty Sutton, D-Ohio, one of the House members devising the jobs bill. “It did so in somewhat of a scattershot approach — a job here and a job there, trickled out over time. … Far too many Americans are without a job, and far too many more are worried about what tomorrow is going to bring.”

Congressional aides said the new program could cost tens of billions of dollars. Democratic House members who were disappointed that the stimulus wasn’t larger said they will press for a substantial spending plan this time.

“I hope we don’t play around the edges with this and we do what will work. Invest the money now,” said Rep. Barbara Lee, D-Calif., who chairs the Congressional Black Caucus. “We have to create jobs, and we have to create them right away.”

Lawmakers are considering myriad ways to accelerate job growth. In interviews, they mentioned road projects that can be counted on to employ people right away; loans to small businesses; incentives to companies that agree to manufacture products in the U.S.; and special partnerships in which government tries to avert private-sector layoffs by picking up a share of employee wages.

Let’s talk about the Federal Republic of Germany for a minute.

The Federal Republic of Germany decided to work with employers who would cut hours, rather than cut workers. For those firms who cut hours rather than workers, the FRG Government will pay up to one day’s worth of a worker’s pay a week, if hours are cut for that worker. As a result, the employment picture in Germany looks a lot better than anywhere else in Europe, and certainly better than here.

The FRG partnership with employers is a prime example of stimulus that WORKS. Not only do the employment rates stay stable, but workers aren’t scared to death all the time, which means they’ll still spend a little money.

Somebody show me a tax cut that has ever been anywhere near as effective as this kind of a program. It’s like this…. tax cuts for business are a big part of the reason we have the economy we have right now. As of yet, the President and Congress have not addressed the Chimpy-era tax breaks that companies get for keeping their profits overseas, or the Chimpy-era tax breaks American corporations get that allows them to write off the cost of moving an operation from the US to someplace overseas.

WHY?!?

Tags: economy, failure, jobs, obama, rushpubliscums, stimulus

This entry was posted on Sunday, November 29th, 2009 at 1:27 am and is filed under Jolly Roger, The Republican Depression of 2008-?. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.