White House: We’re Creating an Economic Environment for Lessening Job Loss
The White House responded to Friday’s news that employers eliminated 216,000 jobs in August, with unemployment rising from 9.4 percent to 9.7 percent, but continuing to emphasize the notion that things are getting better.
“When we took office back in January, job losses were staggering,” said Vice President Joe Biden during an event tied to the creation of green jobs. “We knew we had to act.”
The last time the economy lost so few jobs in this economic crisis was a year ago, Biden pointed out, with job loss peaking in January with the grim number of 741,000 Americans cut from the ranks of the employed.
“We’re making progress,” Biden said. Today’s number is “much too high but it’s roughly 2/3rds” what it was eight months ago.
Quoting Scottish author Samuel Smiles, Biden said, “hope is like the sun, as you journey to it cast the shadow of our burden behind it.”
The Vice President made a point of emphasizing that “less bad is not good. That’s not how President Obama and I measure success.” He said that he and the President would continue to work on economic recovery until everyone who wants a job has one.
Speaking to reporters, White House press secretary Robert Gibbs pointed out that the most recent numbers from the U.S. Department of Labor indicate that “we continue to see a slowing of the pace of job loss.”
Gibbs said that the slowing of the pace of job loss was because of better news from the manufacturing sector, new home sales, and a doubling since February of consumer confidence. The stimulus package is “creating an economic environment” where this recovery is possible, he said.
“We’re still at the point that we’re losing more jobs than we’re creating,” Gibbs said, so the administration’s focus on economic recovery would continue.
Biden was speaking via a teleconference to employees of solar panel manufacturer Solyndra, Inc., in Fremont, California, where Gov. Arnold Schwarzenegger and Energy Secretary Steven Chu were announcing stimulus finding for a solar plant. Biden heralded the environmental jobs being created, quoting Galileo Galilei, who said, “the sun, with all those planets revolving about it and dependent on it, can still ripen a bunch of grapes as if it had nothing else to do.”
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How can the stimulus impact the job #’s when it doesn’t go into effect until 2010 or 2011?
Posted by: Regret | September 4, 2009, 12:36 pm 12:36 pm
UH????????
Posted by: Parallex View | September 4, 2009, 12:44 pm 12:44 pm
No mention of job growth? Figures!
Posted by: Andy B | September 4, 2009, 12:50 pm 12:50 pm
More Biden!!!!
This man is a genius, I tell you, an intellect of staggering proportions.
“Creating an environment” to “slow job losses.” Way to set the bar real high, Joey!
Posted by: even more | September 4, 2009, 12:51 pm 12:51 pm
“How can the stimulus impact the job #’s when it doesn’t go into effect until 2010 or 2011?”
Regret | Sep 4, 2009 12:36:41 PM
What are you talking about? There are over $200 billion in tax cuts in there that technically went into effect Jan 1 (the 2009 tax year), plus they certainly have spent a great deal of money outright already, and have a lot of businesses keeping staff on to respond to RFPs for government infrastructure projects getting underway.
The stimulus spending isn’t instant, and they have been going slow to keep fraud low, but a great deal of money has gotten out.
Posted by: jhw539 | September 4, 2009, 12:53 pm 12:53 pm
Of course they are “Creating an Economic Environment for Lessening Job Loss” – they have lost so many jobs there won`t be many more to lose!!!
Posted by: wilma and wanda | September 4, 2009, 12:55 pm 12:55 pm
It’s not working where I live! There are no jobs only job losses…
Obama should be devoting all his time to the economy and jobs, this is what will sink his presidency (economics)…just look at history.
Posted by: as if | September 4, 2009, 1:08 pm 1:08 pm
Hey–”saved or created,” that’s the ticket!
Here’s what Charlie Cook and I are seeing:
0With 14 months to go before the 2010 midterm election, something could happen to improve the outlook for Democrats. However, wave elections, more often than not, start just like this: The president’s ratings plummet; his party loses its advantage on the generic congressional ballot test; the intensity of opposition-party voters skyrockets; his own party’s voters become complacent or even depressed; and independent voters move lopsidedly away. These were the early-warning signs of past wave elections. Seeing them now should terrify Democrats.”
As I say, be afraid. Or not, I don’t care.
Posted by: Fascist Hyena | September 4, 2009, 1:11 pm 1:11 pm
Has Biden ever had an original thought?
Posted by: Earl duke | September 4, 2009, 1:11 pm 1:11 pm
Oustanding! last month when there was a .1% decrease in job loss “See, the Stimulus is working” is what we heard.
Now that is has RISEN .3%, it is not big deal-only 216,000 jobs lost.
i am sure those 216,000 are saying the same thing-no big deal its only us 216,000 without a job.
geeeeshhhhhhh the Audacity of Double Standards and Hypocrisy!
Posted by: KMDay | September 4, 2009, 1:21 pm 1:21 pm
Joe Biden issued the following statement today. ” Since President Obama is out of town through the weekend I have initiated the following jobs initiative. S…eptember has been declared National Wilderness Month by the President. As many of you know there are lots of trees in the wilderness and some of them have leaves which will begin to drop from the limbs. I am creating 200000 Leaf Czar positions since we still have only spent about 10% of the stimulus package. Each Czar will be issued a rake and be sent into the wilderness to clean up the fallen leaves from these evergreen trees. This will help alleviate all the forest fires being caused by global warming and follows through on our promise of “rake ready” jobs as well as create thousands of jobs in the rake manufacturing industry. If Congress will immediately pass this expenditure, I promise the unemployment rate will drop below 6% by October.We will also be able to use the leaves in our energy program since they were green at one time thus eliminating our dependence on foreign oil. Yes we can…”
(yes, this is a joke)
Posted by: KMDay | September 4, 2009, 1:24 pm 1:24 pm
STAND UP CHUCK BIDEN, So how many jobs has the administration saved now?
Posted by: 'Un-American' | September 4, 2009, 1:27 pm 1:27 pm
Duh?
Maybe Obama missed the message…..we aren’t looking for a reduction job losses…..we are looking for jobs creation!
Talk about not understanding the problem!
Posted by: Rick McDaniel | September 4, 2009, 1:30 pm 1:30 pm
CBO says Obamacare will increase Part D drug prices 20%.
Posted by: Fascist Hyena | September 4, 2009, 1:31 pm 1:31 pm
Since the Merit of the Stimulis was to create jobs and it sure has not done that,Maybe we should demand it be given back to the treasury and Tax Payer. If the White House waits long enough there will be no more jobs to lose,then they can say we have lost no more jobs this month. What kind of Crapola are they spreading?
Posted by: Marion | September 4, 2009, 1:32 pm 1:32 pm
More BS from Mr. Obama and his teams.
Posted by: young_voter | September 4, 2009, 1:33 pm 1:33 pm
Terrific news. Now that that’s solved,
let’s have some more teachable moments
about conflict resolution, or something………..
Posted by: Trajan | September 4, 2009, 1:34 pm 1:34 pm
The stimulus should be used to give incentives to businesses to hire new employees or hold on to workers who would otherwise be let go. I’ve heard several small business people say they would hire folks if the government helped defray the cost. It’s easy to administer and would bear quick results.
Posted by: hopesprings52 | September 4, 2009, 1:38 pm 1:38 pm
Don’t anyone pull that foot out of Sheriff Joes’ mouth!!
Posted by: American Infidel | September 4, 2009, 1:39 pm 1:39 pm
The stimulus spending isn’t instant, and they have been going slow to keep fraud low, but a great deal of money has gotten out.
Posted by: jhw539 | Sep 4, 2009 12:53:08 PM
Please don’t make me search for Obama saying before the Stimulus was passed that it was going to “jump-start” jobs blah blah blah.
Posted by: Are my pants actually on fire? | September 4, 2009, 1:43 pm 1:43 pm
“We’re making progress,” Biden said. Today’s number is “much too high but it’s roughly 2/3rds” what it was eight months ago.
Of course, brilliant Joe forgets that companies have cut their payrolls to the bone so they have run out of people to lay off – for the moment. They will watch the bottom line for a quarter or two and then start over with more layoffs if profit doesn’t return. But Joe doesn’t know this because he’s never had a real job or run a real business. Maybe he should stay at a Holiday Inn.
Posted by: Are my pants actually on fire? | September 4, 2009, 1:47 pm 1:47 pm
jhw539 just doesn’t get it. I suppose the DNC talking points he downloads everyday don’t mention that the $200B tax cut equates to just $8 per week per employed individual. That’s about one lunch per week. With the loss of an additional 216K jobs in August that lessens the impact of jhw539′s tax cut.
Posted by: j0112 | September 4, 2009, 1:47 pm 1:47 pm
“Since the Merit of the Stimulis was to create jobs and it sure has not done that,Maybe we should demand it be given back to the treasury and Tax Payer.”
Marion | Sep 4, 2009 1:32:13 PM
Does that include taxpayers “giving back” the $288 billion in tax cuts too? Including the $70 billion tax cut to the upper middle class this year alone, introduced by Republican amendment in the House. And canceling the 2200 road projects that thousands of businesses are documented as under contract and ramping up to perform?
Posted by: jhw539 | September 4, 2009, 1:47 pm 1:47 pm
The stimulus should be used to give incentives to businesses to hire new employees or hold on to workers who would otherwise be let go.
Posted by: hopesprings52 | Sep 4, 2009 1:38:32 PM
The states are supposedly using their share to save service jobs such as cops, firefighters and teachers. Of course, there are no statistics on this, but that was the plan.
It should not be used for businesses. The govt could never determine who should get the money anyway. It would increase corruption. And they can’t even run a 4 billion dollar program never mind 700 billion dollars. It would never have worked.
They should have never passed the plan in the first place.
Posted by: Are my pants actually on fire? | September 4, 2009, 1:52 pm 1:52 pm
Does that include taxpayers “giving back” the $288 billion in tax cuts too? Including the $70 billion tax cut to the upper middle class this year alone, introduced by Republican amendment in the House. And canceling the 2200 road projects that thousands of businesses are documented as under contract and ramping up to perform?
Posted by: jhw539 | Sep 4, 2009 1:47:56 PM
Yes.
Posted by: Are my pants actually on fire? | September 4, 2009, 1:53 pm 1:53 pm
“CBO says Obamacare will increase Part D drug prices 20%.”
Fascist Hyena | Sep 4, 2009 1:31:28 PM
They also say federal tort reform would offer only minor savings. When did you suddenly decide to believe the CBO?
Posted by: jhw539 | September 4, 2009, 1:54 pm 1:54 pm
“Maybe Obama missed the message…..we aren’t looking for a reduction job losses…..we are looking for jobs creation!
Talk about not understanding the problem!”
Rick McDaniel | Sep 4, 2009 1:30:53 PM
That’s funny enough to be reposted on it’s own. Talk about not understanding the problem indeed.
Posted by: jhw539 | September 4, 2009, 1:55 pm 1:55 pm
Does that include taxpayers “giving back” the $288 billion in tax cuts too? -Including the $70 billion tax cut to the upper middle class this year alone, introduced by Republican amendment in the House. And canceling the 2200 road projects that thousands of businesses are documented as under contract and ramping up to perform-
Good Lord, people kept the money they earned…So you send in extra beyond your taxes…We earn that money, you moron and work harder and longer each year to pay up to Washington. Assuming then it doesn’t get given to Goldman Sachs. Thanks, Barry.
Posted by: Broke | September 4, 2009, 1:56 pm 1:56 pm
What did the republicans do when job losses began in 2007 and 2008. Nada. What Obama was faced with no other president has had to deal with including the lies/rumors/mis-statementa and the venom of the talk show hosts. He has done a great job is trying to ignore this but what is happening now is more than just not likeing the health care bill. Here in Atlanta,they want to pass an amendment to prevent democrats from enforcing the health care reform should it pass. Who asked them to take charge of my health care? They have no right to prohibit anything important like that. They would rather see more people lose homes due to forclosure (most due to rising cost of health care) than to let Obama succeed. I cannot understand this hate especially from the people who are always professing such strong religious beliefs. Lord, save me from these people. Most intelligent people know just what is really going on here and you are fooling no one. As for the job losses, sadly they will be the last thing to turn around and everyone knows this. President Obama is trying to help by extending the unemployment benefits and by the way this is also adding to the deficit but it is for a good cause so lets understand this. Also, the passing of a health care bill will help those without jobs and no health care. What is wrong with everyone?
Posted by: talmag | September 4, 2009, 1:58 pm 1:58 pm
“Please don’t make me search for Obama saying before the Stimulus was passed that it was going to “jump-start” jobs blah blah blah.”
Are my pants actually on fire? | Sep 4, 2009 1:43:21 PM
You can believe whatever you want to. There is no debate amongst anyone with a basic understanding of economics that the stimulus created jobs, just not at the same rate as they are being shed by the recession at this point. The only honest debate is whether the stimulus will reduce job growth in the future by continuing the national debt accumulation.
Posted by: jhw539 | September 4, 2009, 1:58 pm 1:58 pm
And canceling the 2200 road projects that thousands of businesses are documented as under contract and ramping up to perform?
Posted by: jhw539 | Sep 4, 2009 1:47:56 PM
Arizona issued a statement saying that shovel-ready jobs will create approximately 2000 construction-related jobs – BY THE END OF 2010. They continued to say that even shovel-ready jobs take a long time to get going.
I believe recovery dot gov listed creating/saving 77,000 jobs for Arizona. Since no one is keeping track of saved jobs, looks like they have a long way to go.
But that’s ok, keep rearranging the deck chairs on the Titanic.
Posted by: Are my pants actually on fire? | September 4, 2009, 1:58 pm 1:58 pm
“There is no debate amongst anyone with a basic understanding of economics that the stimulus created jobs, just not at the same rate as they are being shed by the recession at this point. The only honest debate is whether the stimulus will reduce job growth in the future by continuing the national debt accumulation.”
Bridge for sale…Historic, great neighborhood, retro look!
Posted by: Sal | September 4, 2009, 2:02 pm 2:02 pm
“I suppose the DNC talking points he downloads everyday don’t mention that the $200B tax cut equates to just $8 per week per employed individual. That’s about one lunch per week. With the loss of an additional 216K jobs in August that lessens the impact of jhw539′s tax cut.”
j0112 | Sep 4, 2009 1:47:51 PM
Really? So we can raise $100 billion a year – about the CBO estimation of healthcare reform bill costs – by raising taxes only $8 a week? That sounds like an awfully good deal… (The actual numbers are more like $13 a week, $50 a month, and that only covers half the tax cut. But I guess Republicans are wealthy enough that an extra $50 a month in the paycheck is irrelevant to their lives.)
Stepping back from the documented fact you’re wrong, doesn’t the right wing do even the slightest reality checks before mangling and parroting whatever they heard on some radio show last week?
Posted by: jhw539 | September 4, 2009, 2:05 pm 2:05 pm
“Good Lord, people kept the money they earned…So you send in extra beyond your taxes…We earn that money, you moron and work harder and longer each year to pay up to Washington. Assuming then it doesn’t get given to Goldman Sachs. Thanks, Barry.”
Broke | Sep 4, 2009 1:56:24 PM
The key point is tax cuts by Obama equals “spending” to the Obama haters on the right. But all of Bush’s tax cuts weren’t spending, of course not (and look at how well all those tax cuts goosed the economy – we have the lowest taxes now since the robber barons of the 1920′s).
Posted by: jhw539 | September 4, 2009, 2:08 pm 2:08 pm
BBC: Set 4, 2009:
“The unemployment rate rose after dipping to 9.4% in July but the Labor Department said the job loss figure was the smallest in a year.
Analysts had expected the unemployment rate to rise to 9.5% and job reductions to total 225,000.
However, Nigel Gault, chief US economist at IHS Global Insight, said that the rise in the jobless rate was not too discouraging: “What I would take encouragement from is the fact is the trend in the rate of decline in jobs is still improving, that private sector jobs were down 198,000, that’s 50,000 better than the previous month and it’s almost 200,000 better than the month before that.”
Posted by: gus amaral | September 4, 2009, 2:15 pm 2:15 pm
Posted by: jhw539 | Sep 4, 2009 1:58:14 PM
“There is no debate amongst anyone with a basic understanding of economics that the stimulus created jobs, just not at the same rate as they are being shed by the recession at this point.”
Wow, that’s spin I can believe in! If it wasn’t about jobs early on why did they release the now famous chart predicting month to month job info, which of course was way off.
“The only honest debate is whether the stimulus will reduce job growth in the future by continuing the national debt accumulation.”
I see. NOW you want an honest debate. Most wouldn’t know an honest debate if it slapped them in the face. Obama knew this and made good use of it, knowing his supporters, including Biden and the MSM, would come to his rescue when he tap-danced out of his statements down the road.
Honest. There’s a good word. Do you honestly think the bill would have passed if Obama were honest about it? It had to be wrapped in a pretty bow or it would not have been passed. It’s hypocritical to now call for an honest debate to evaluate it’s affect when the bill has already been passed.
Trickery is nothing new amongst politicians. It’s just gauling coming from someone who campaigned on a new era of accountability and transparency in a post-partisan, post-racial world. Either you don’t get this part of the national conversation against Obama, you get it and knew all along that it would be “just words,” or you believed it and now refuse to admit you were duped.
Posted by: Are my pants actually on fire? | September 4, 2009, 2:16 pm 2:16 pm
BBC: August 28, 2009:
“Consumer spending accounts for about 70% of economic activity in the US.
It is, therefore, an important factor in the US economy’s recovery.
On Thursday, revised figures for US economic activity beat analysts’ expectations.
The figures confirmed that the economy had shrunk at an annual rate of 1% between April and June. Analysts had expected the figure to be revised downward.
The second-quarter figures were an improvement on the 6.4% annual pace of contraction in the first three months of the year, and they helped to fuel hopes that the US economy is on its way to recovery.”
—————-
Thank you President Obama and administration.
Posted by: gus amaral | September 4, 2009, 2:17 pm 2:17 pm
Our government seems to be bent on keeping our current citizens and legal immigrants unemployed by issuing 1.5 million Visas to foreign workers in the last year and only weakly enforcing immigration law in the workplace. Unemployment in the city of Detroit is 28% and in metro Detroit is 17%. There should be in the short term a near freeze on immigration. In the longer term immigration is ,perhaps, the biggest factor impacting the environment. Pollution, energy and water requirements and the population footprint are all proportionate to population. The immense growth of out population is essentially all driven by immigration. In the 1960s there was a broad commitment to provide opportunities for all Americans and lift the most disadvantaged out of poverty. Our cheap labor high immigration policy has thwarted most of that effort. Presently we not only have high unemployment among masses of urban and rural poor but also in our highly educated groups. So in the longer term we should dial down immigration to a level that provides opportunities for those already here and affords well being for the environment.
Posted by: merchantilist | September 4, 2009, 2:19 pm 2:19 pm
What is wrong with everyone?
Posted by: talmag | Sep 4, 2009 1:58:13 PM
“Everyone” being people who don’t agree with obama, or you. I personally don’t believe there’s anything “wrong” in that sense.
Another quote: “Who asked them to take charge of my health care?” I ask the same thing, who gave the writers of these monsters the right to penalize me for disobedience? That little section about fining people for not having health care is pretty ugly. So don’t whine about someone, somewhere, defending people against this. Guess what? You can still accept the edicts, and leave others out of “democrats … enforcing the health care reform.” Your quote.
I see a whole lot of democrat/liberal willingness to force your beliefs on others. What happened to Dissent?? Oh, yeah, now the revolutionaries are the government. That, my friends, changes everything. Look to history.
Posted by: Eyes Open | September 4, 2009, 2:20 pm 2:20 pm
“you believed it and now refuse to admit you were duped.”
Are my pants actually on fire? | Sep 4, 2009 2:16:38 PM
Obama has been performing up to my expectations – not perfect, not abysmal, but entirely competent and inline with what I expected from his long record of public service in IL. Not sure where I was duped. It certainly wasn’t in the report graph estimating job losses that way back in Jan was loudly and clearly called over optimistic about the severity of the recession by many who believed a larger stimulus was required (see P Krugman’s column from Jan 10th for example). If you’re surprised that the ESTIMATE of unemployment put out at the start of the year turned out not to be perfect, that is really your problem.
Posted by: jhw539 | September 4, 2009, 2:22 pm 2:22 pm
“That little section about fining people for not having health care is pretty ugly. So don’t whine about someone, somewhere, defending people against this. ”
Eyes Open | Sep 4, 2009 2:20:47 PM
So society is expected to not let you die of a broken arm even if you don’t have enough money, yet you find it appalling that society asks you to pay for this service? Or are you advocating we allow people to die of broken arms? Or really, you just like the status quo – you can be insurance free and just keep freeloading off the emergency rooms if your really need it.
Posted by: jhw539 | September 4, 2009, 2:28 pm 2:28 pm
Thank you, President Obama and administration for raising the healthcare reform monster. We have been counting on you to bring real issues to the national table. That’s why you were elected.
You are doing a great job looking out for the majority. If you were not, the conservatives wouldn’t be compelled to create such violent opposition.
Most of us realize that Mega-corporate run America, after years of free-market enterprising, have put our country at risk for failure.
Posted by: gus amaral | September 4, 2009, 2:32 pm 2:32 pm
Posted by: jhw539 | Sep 4, 2009 2:22:18 PM
“Obama has been performing up to my expectations – not perfect, not abysmal, but entirely competent and inline with what I expected from his long record of public service in IL.”
So then you think that this is “a new era of accountability and transparency in a post-partisan, post-racial world.” Because that is what he campaigned on.
“If you’re surprised that the ESTIMATE of unemployment put out at the start of the year turned out not to be perfect, that is really your problem.”
No I’m not surprised at all. But look at the promises that were made about the unemployment rate to pass the bill. People – especially uninformed people – take those things at their word. All I’m saying is Obama took advantage of his popularity, his knowledge that people hear what they want to hear, and played the country accordingly.
I know you’re not stupid. You know what I’m saying is true about him is true.
Posted by: Are my pants actually on fire? | September 4, 2009, 2:33 pm 2:33 pm
I see a whole lot of democrat/liberal willingness to force your beliefs on others. What happened to Dissent??Posted by: Eyes Open | Sep 4, 2009 2:20:47 PM
______________________
very telling, indeed.
beliefs, or facts?
Belief is the passion that’s expressed regardless of fact or logic. That is the modus operandi of the conservative vehicle.
Posted by: gus amaral | September 4, 2009, 2:42 pm 2:42 pm
“Most of us realize that Mega-corporate run America, after years of free-market enterprising, have put our country at risk for failure.” gus amaral
So gus are you saying that government control of industry and everything else is the answer?? I work for government and see it from the inside. It is not the way to go. The Government works for us not vice versa.
Posted by: mj | September 4, 2009, 2:47 pm 2:47 pm
“Most of us realize that Mega-corporate run America, after years of free-market enterprising, have put our country at risk for failure.”
Barry’s quite close to one of them. Record bonuses this year too.
Posted by: $ Bags | September 4, 2009, 2:49 pm 2:49 pm
“Biden was speaking via a teleconference to employees of solar panel manufacturer Solyndra, Inc., in Fremont, California… Biden heralded the environmental jobs being created…”
No doubt there was no mention of the closing of the NUMMI auto plant in Fremont, with 4700 employees and with ripples down the supply line of up to as many as 10,000 jobs. I’m sure the solar panel factory will cover all those, right? Right?
Posted by: evergreen | September 4, 2009, 2:51 pm 2:51 pm
Posted by: mj | Sep 4, 2009 2:47:39 PM
“So gus are you saying that government control of industry and everything else is the answer??”
no. I didn’t say that at all.
I’m not sure what “everything else” encompasses, but it would be very foolish to make absolute statements about vague generalities.
————-
“I work for government and see it from the inside. It is not the way to go. The Government works for us not vice versa.”
___________
Your first and last statements are conflicting.
Posted by: gus amaral | September 4, 2009, 2:59 pm 2:59 pm
Biden said, “hope is like the sun, as you journey to it cast the shadow of our burden behind it.”
And don’t forget your pooper scooper.
Posted by: Foghorn Leghorn | September 4, 2009, 3:10 pm 3:10 pm
Fremont California? That’s Pete “the larger the national debt the wealthier we are” Stark country.
Posted by: Foghorn Leghorn | September 4, 2009, 3:18 pm 3:18 pm
Even though the stimulus was about half as big as it should have been, and included too many tax cuts, it is kind of refreshing to have a President who actually cares how the broader economy is doing rather than just how many of his friends can stuff their pockets with taxpayer money.
Posted by: Flash Override | September 4, 2009, 3:27 pm 3:27 pm
I just can’t find the words. I think dillusional comes to mind. I think they Obama and his team of rookies are so use to dealing with stupid uninformed people that don’t know that “We Get It”
For God sake only 14% of the Stimulus has been spent. Are they waiting for Armadgedon?? No, but we had to have it signed that very weekend. Now they want to shove Healthcare down our throats now, today or we turn into pumpkins. It keeps getting more and more suspect.
Posted by: karen | September 4, 2009, 3:35 pm 3:35 pm
“So society is expected to not let you die of a broken arm even if you don’t have enough money, yet you find it appalling that society asks you to pay for this service?”
The notion that someone’s broken arm is a problem for “society” is at the root of the current mess. And Obama’s efforts will make things far, far worse.
Posted by: Fascist Hyena | September 4, 2009, 3:54 pm 3:54 pm
I trust that, in view of their January assessment of the prospects for unemployment, the administration and its diehard fans will understand our skepticism about what they tell us Obamacare, cap-and-trade and the auto/UAW bailouts will do for us.
Their is now a national consensus that these people are invading our lives to an unwarranted degree. And they’re going to pay for it at the ballot box.
Posted by: Fascist Hyena | September 4, 2009, 3:58 pm 3:58 pm
it would be very foolish to make absolute statements about vague generalities.
Posted by: gus amaral | Sep 4, 2009 2:59:41 PM
Speaking of absolute statements about vague generalities…
Most of us realize that Mega-corporate run America, after years of free-market enterprising, have put our country at risk for failure.
Posted by: gus amaral | Sep 4, 2009 2:32:55 PM
Did you use your computer today gus? The computer chip inside was the result of a mega-corporation creating new products in a free market system. And the rest of the computer? Same thing.
Was Barney Madoff a mega-corporation? No. People are bad, gus – not mega-corporations. When the federal & state govt does a more efficient job of watching over things and encouraging growth in an honest, ethical way… then we’ll talk. Otherwise, I’ll take the mega-corporation and free market any day – warts and all.
Posted by: Are my pants actually on fire? | September 4, 2009, 4:16 pm 4:16 pm
“People are bad, gus – not mega-corporations. When the federal & state govt does a more efficient job of watching over things and encouraging growth in an honest, ethical way… ”
______________________________________
Did mega-corporations rush in to create jobs for people when this economic free-fall hit? No, they fired people world-wide.
You can’t expect corporations to have a conscience. They don’t have a body to be kicked, or a soul to be damned.
A little bit of government working for the benefit and protection of the people is a very good thing.
Posted by: sylvia | September 4, 2009, 4:29 pm 4:29 pm
Government control of cooperation’s is not the answer. The people’s control of the government is and always has been the answer. We once had monopoly laws in place for a reason. How did lobbying become legal? Lobbying is a form of legalized bribery and is an outright insult to all Americans! Cooperation have taken control of government and are now being allowed to write their own legislation. Our voices are being ignored, there is no longer any transparency, we are being lied to on a cregular bases, and corruption has set all too deep.
Posted by: George Willing | September 4, 2009, 4:36 pm 4:36 pm
Belief is the passion that’s expressed regardless of fact or logic. That is the modus operandi of the conservative vehicle.
Posted by: gus amaral | Sep 4, 2009 2:42:10 PM
That’s seriously…sad. You can’t even see, can you? Other people’s beliefs mean nothing to you? They have no right to believe in anything you don’t? My, how very democratic of you. And who (if your mind will let you pull up this FACT) said “BELIEVE!”? Why, ’twas Obama!
Just keep on believin’, gus. Facts and logic are getting in the way, though. But you can ignore them, I know you can. Be strong for the Faith.
Posted by: Eyes Open | September 4, 2009, 4:39 pm 4:39 pm
Single Payer/Medicare for All, HR 676, would create 2.6 million new jobs and guarantee healthcare for all Americans, with coverage that allows you to choose your own doctor and never lose benefits, even if you move or lose your job.
Obama – NO!
Single-Payer – YES!
HR3200 – NO!
HR676 – YES!
Posted by: Flash Override | September 4, 2009, 4:46 pm 4:46 pm
Fascist says “they’ll pay at the ballot box’
Another massive Fascist Hyena FAIL
4 for 4 in congressional special elections so far
Seems people hate the Republicans more.
Looks like we need a second party soon.
Posted by: Flash Override | September 4, 2009, 4:55 pm 4:55 pm
Vice President Biden really knows how to spin. He says: “When we took office back in January, job losses were staggering…” Regardless,the spin, the numbers during the past 6 months are even more staggering.
Here are the unemployment rates for Jan 2008 through August 2009.
2008: Jan,4.9%; Feb, 4.8; Mar, 5.1; Apr, 5.0; May, 5.5; Jun 5.6; Jul, 5.8; Aug, 6.2; Sep, 6.2; Oct 6.6; Nov, 6.8; and, Dec, 7.2; 2009: Jan, 7.6; Feb, 8.1; Mar, 8.5; Apr, 8.9; May, 9.4; Jun, 9.5; Jul, 9.4; Aug, 9.7.
Posted by: Percy | September 4, 2009, 4:59 pm 4:59 pm
Left-wing violence update: Police are now searching for the cowardly left-winger who bit off an elderly man’s finger at a health care rally.
Posted by: Fascist Hyena | September 4, 2009, 4:59 pm 4:59 pm
Percy = FAIL
Read up on the relationship between job losses and unemployment rate. Generally, the former leads the latter. Econ 101, man.
Posted by: Flash Override | September 4, 2009, 5:04 pm 5:04 pm
“Left-wing violence update: Police are now searching for the cowardly left-winger who bit off an elderly man’s finger at a health care rally.”
Right wing lie update: Said man lost part of his pinky when striking someone in the mouth for the second time.
Apparently sucker punching someone is noble to the right wing.
Posted by: Ryan C | September 4, 2009, 5:33 pm 5:33 pm
“Left-wing violence update: Police are now searching for the cowardly left-winger who bit off an elderly man’s finger at a health care rally.”
Right wing violence update: Said man had his finger bitten when attempting to punch the biter in the mouth a 2nd time after sucker punching him.
Posted by: Ryan C | September 4, 2009, 5:37 pm 5:37 pm
Posted by: Are my pants actually on fire? | Sep 4, 2009 4:16:19 PM
_________________
you missed the point.
Posted by: gus amaral | September 4, 2009, 5:55 pm 5:55 pm
Posted by: Eyes Open | Sep 4, 2009 4:39:41 PM
“That’s seriously…sad. You can’t even see, can you? Other people’s beliefs mean nothing to you? They have no right to believe in anything you don’t? My, how very democratic of you. And who (if your mind will let you pull up this FACT) said “BELIEVE!”? Why, ’twas Obama!
Just keep on believin’, gus. Facts and logic are getting in the way, though. But you can ignore them, I know you can. Be strong for the Faith.”
_________________
This is an illogical rant. fact.
you missed the meaning of the original statement, almost entirely.
Posted by: gus amaral | September 4, 2009, 5:58 pm 5:58 pm
“I think dillusional comes to mind. I think they Obama and his team of rookies are so use to dealing with stupid uninformed people…”
Not to be arguing, but I feel just the opposite …. that the GOP is lying to their supporters, who believe anything they say when it’s not correct. Example: “death panel” …. those words must have been repeated a billion times by Rush Limbaugh alone & another billion times by the GOP. You know good & well there is no such thing. If anything, it’s that way currently with the ins companies …. they deny coverage, they deny benefits even when you’ve been paying your premiums.
Would be interesting if those who oppose health care reform got sick & went bankrupt trying to cover their health care cost or worse died because they were turned away because of lack of $$$ or heaven forbid had to use Medicaid.
Everything in the bill might not be wonderful but that’s why working on it is needed. It appears to me that the GOP just wants to lie & create confusion rather than work on it.
Posted by: Linda | September 4, 2009, 5:59 pm 5:59 pm
“Even though the stimulus was about half as big as it should have been, and included too many tax cuts, it is kind of refreshing to have a President who actually cares how the broader economy is doing rather than just how many of his friends can stuff their pockets with taxpayer money.”
Well said !!!
Posted by: Linda | September 4, 2009, 6:01 pm 6:01 pm
NYT: today:
“As a technical matter, most economists believe that the United States has escaped the grip of recession, the longest since the Great Depression. The Labor Department’s latest employment report, released Friday, added weight to the view that economic expansion has resumed, marking a continued albeit modest improvement to the rate of lost jobs.”
_________________
Thank you President Obama & administration. Averting a depression was what the country hoped you would do.
Posted by: gus amaral | September 4, 2009, 6:02 pm 6:02 pm
As far as the stimiulus goes ….. it’s not like Obama created the problem …. it was thrown in his very capable lap by …. hmmmmm …. let’s see Bush/Cheney for 8 years prior ….. guess it was them & previous de-regulation of …. well, let’s see, financial institutions ….. oh, & trickle-down economics.
Not that I’m bitter or anything …. I did like Reagan & Eisenhower …. back when the Republicans weren’t so hateful.
Sorry ….. I find them these days just as polarizing as they find the current aadministration. I wasn’t always that way about the GOP.
Posted by: Linda | September 4, 2009, 6:06 pm 6:06 pm
Right wing violence update: Said man had his finger bitten when attempting to punch the biter in the mouth a 2nd time after sucker punching him.
Posted by: Ryan C |
You were there?
Posted by: Foghorn Leghorn | September 4, 2009, 6:09 pm 6:09 pm
Too much BS from the Obama administration.
Posted by: young_voter | September 4, 2009, 6:21 pm 6:21 pm
“Right wing violence update: Said man had his finger bitten when attempting to punch the biter in the mouth a 2nd time after sucker punching him.”
The police have spoken to the 65-year-old victim and have not charged him with anything. The police are looking for the cowardly left-winger.
Posted by: Fascist Hyena | September 4, 2009, 6:42 pm 6:42 pm
In Janurary the CBO told us that if no stimulus were passed, we would be out of the recession in the 3rd quarter of this calendar year. We’re right on schedule, but we’ve added $787 Billion to the deficit.
Thank you, Mr. President. If this reckeless adventure in spending helps to kill your cuckoo public option, it will all have been worth it.
Posted by: Fascist Hyena | September 4, 2009, 6:45 pm 6:45 pm
What about the Independents, Linda? Why have they deserted this president in droves? Why do over 60% of them disapprove of him?
Posted by: Fascist Hyena | September 4, 2009, 6:46 pm 6:46 pm
I see that the “it’s George Bush’s fault” excuse is alive and well. 20% of the Obama presidency has already been completed and everything is still blamed on the previous administration by some individuals.How do we know that the stimulus didn’t make things worse? How do we explain that the unemployment rate not only exceeds the White House predictions with a stimulus boost, but exceeds the White House predictions WITHOUT the stimulus?Today the unemployment rate for teenagers was reported to be at the historic high,yet where is President Obama?Is “acting President Biden” supposed to explain these numbers?People, at some point the President has to forget about getting out of town and at least give the illusion of doing something. Currently this is government by Brownian Motion.
Posted by: Nephron | September 4, 2009, 6:47 pm 6:47 pm
“they’ll pay at the ballot box.”
If you don’t believe me, read what Charlie Cook has to day. And the fact that the GOP leads 43-37 on the generic congressional ballot is a very ominious development for the Dems.
Posted by: Fascist Hyena | September 4, 2009, 6:50 pm 6:50 pm
The right wing extremists have done the Republican party no favors. People are tired of the neverending sreaming and criticism on every issue from Michelle’s dresses to the Pres taking his kids for ice cream.
People are tired of the fear mongering, smears and hate from the political right.
You’ve been turning people off the in droves.
The conventional wisdom in recent weeks has been that President Barack Obama’s approval rating has been in decline. And compared to his post-inauguration high, it certainly has.
Today, Gallup offers some evidence that Obama’s approval number is edging up again.
Obama’s approval rating in Gallup’s daily tracking poll has now gone up four straight days, and this afternoon stands at 55%.
Five new national polls show President Obama with an approval rating in the 52 to 56 percent range.
An Ipso-McClatchy survey found 56 percent of those surveyed approve of Obama’s performance in office, while 40 percent disapprove. CBS News came up with a similar finding, 56 percent approval to 37 percent disapproval.
At the other end of the spectrum, the approve-disapprove margin is just 53-45 in a CNN poll. Pew Research comes in at 52-37.
You right wingers have blown it with your blind ideological agenda to smear the President and your “The sky is falling” screaming.
Posted by: sylvia | September 4, 2009, 7:01 pm 7:01 pm
Obama won’t be happy until 50% are unemployed!
That will signal a full recovery!
Posted by: drjohn | September 4, 2009, 7:16 pm 7:16 pm
“Obama won’t be happy until 50% are unemployed!” Posted by: drjohn | Sep 4, 2009 7:16:46 PM
_____________________________________
This is the kind of senseless, obvious smear comment that it driving people away from the right wing in droves.
Posted by: sylvia | September 4, 2009, 7:42 pm 7:42 pm
Among Likely Voters Obama has cratered in the Polls:
Rasmussen:48%
Zogby: 42%
Look for Gallup to return to 50% and drop below 50% after this jobs report.
Obama is steadily plummeting in the polls and is hitting new lows.
For instance Obama’s lows in Gallup in July used to be around 55% and he would jump to 60% and then back down again.
Now his range is 50% to 55% and that is bad because it is among ‘adults’ which includes nonvoters. Among likely voters he would be below 50%.
The impact of this 9.7% unemployment rate is relentless and Obama’s polls will reflect even further losses.
Today he is +11.7 in the RCP average with a 53% average approval. When his average dips below 50% at the end of September, the prospects of a health care bill will be gone.
Posted by: Ricardo | September 4, 2009, 7:50 pm 7:50 pm
The Gallup Poll had Democrats +17 a few months ago.
Today Democrats are +5.
Bad news for Democrats.
Posted by: Eric | September 4, 2009, 7:54 pm 7:54 pm
Employers fired people when Obama was elected. They clearly factored in his socialist agenda on their bottom lines.
Employers will continue to fire people and will not rehire as long as Obama continues to push his socialist agenda.
Bill Clinton
Dec. 1992: 7.4% Unemployment Rate – Inherited
Sep. 1993: 6.7% Unemployment Rate – Caused
Barack Obama
Dec. 2008: 7.2% Unemployment Rate – Inherited
Sep. 2009: 9.7% Unemployment Rate – Caused
Obama is a failure.
Posted by: William | September 4, 2009, 8:03 pm 8:03 pm
“Employers fired people when Obama was elected.” Posted by: William | Sep 4, 2009 8:03:11 PM
__________________________________
What an uninformed comment.
The unemployment figures started rising under Bush a full year before Obama was elected.
You also seem to be ignorant of the fact the economic meltdown under Bush was WORLDWIDE – not just in the United States.
You should read some international newspapers – or at least some real newspapers – and try to get up to speed on world affairs.
Posted by: sylvia | September 4, 2009, 8:15 pm 8:15 pm
This is an illogical rant. fact.
you missed the meaning of the original statement, almost entirely.
Posted by: gus amaral | Sep 4, 2009 5:58:24 PM
Which original statement? The one where you stated belief is solely a rightwing flaw? That belief is illogical?
Better email obama on that one.
Posted by: Eyes Open | September 4, 2009, 8:23 pm 8:23 pm
Unemployment is 9.7% BECAUSE of OBAMA and only a FOOL who lacks basic math skills would see otherwise.
Posted by: Avery | September 4, 2009, 8:24 pm 8:24 pm
The rate of firings skyrocketed when Obama was elected.
You Obama sycophants will need a rubber room when Obama causes a 10% unemployment rate.
Posted by: Amy | September 4, 2009, 8:27 pm 8:27 pm
Well, if it doesn’t work, I guess its time to repleal the Obama tax cuts.
Posted by: Flash Override | September 4, 2009, 8:37 pm 8:37 pm
“The rate of firings skyrocketed when Obama was elected.”
_________________________________
Horsecrap, the economy, the markets and employment had been in freefall for almost a year leading up to the election and simply continued its trajectory when Obama was elected.
It’s was a WORLDWIDE economic collapse that had been in motion for 12 months.
And you attempt to blame it on Obama! How pathetic and transparent. Your biased political agenda is showing.
Posted by: sylvia | September 4, 2009, 8:39 pm 8:39 pm
The only thing that can save Obama is creating JOBS. But that becomes difficult in this outsourced economy. Who are the unemployed going to vote for when the money dries up… Perhaps… REAL “Change!” Cause the status quo just isn’t cutting it.
Check out David Swanson’s article “The More Things Change” He sums up Obama’s dilemma pretty well.
Posted by: jafo | September 4, 2009, 8:45 pm 8:45 pm
“NYT: today:
“As a technical matter, most economists believe that the United States has escaped the grip of recession, the longest since the Great Depression.”
LOL!! As a HISTORICAL matter, most of these geniuses didn’t even realize our economy was in a recession…until we were almost a year into it.
Two economists who warned us years before this economic collapse were Peter Schiff and Thomas Sowell. Even non-economist Karl Denninger has more brains than the idiot economists the NYT likes to quote.
Posted by: Stacey | September 4, 2009, 9:28 pm 9:28 pm
“Horsecrap, the economy, the markets and employment had been in freefall for almost a year leading up to the election and simply continued its trajectory when Obama was elected.”
Wasn’t Obama a US Senator back then? Why didn’t he spearhead an effort to warn about and head off the collapse? Hmmmmm?
Posted by: Stacey | September 4, 2009, 9:31 pm 9:31 pm
Stacey, he was too busy on the campagine trail. So is the left trying to blame the world’s money problems on Bush now? Man, that Bush must be one smart man to crash the world’s ecomony. I guess he’s just waiting for the right time to talke over the world. lol You lefties are a piece of work.
Posted by: notanobamafan | September 4, 2009, 10:06 pm 10:06 pm
Sure, more jobs for those who meet race, gender, sexual orientation, and other socioeconomic federal guidelines.
Posted by: Reflect09 | September 4, 2009, 10:17 pm 10:17 pm
By postwar history,we should be seeing an economic turnaround at about this time;the fact that we aren’t is most likely due to the Obama economic policies that have interrupted the normal trend seen in recession recoveries. The massive debt incured by the titanic spending of this administration has dryed up capital that ordinarily would be entering markets and power the recovery.All of this is secondary to the subprime mortgage collapse precipitated by unwise lending policies pushed by Democrat politicians who felt that ANYBODY should get a home loan,no matter whether they could afford it. Now, we are watching the commercial real estate market, which could precipitate another financial meltdown.With the totally inept policies of this administration,it is almost certain that we will shortly have double digit unemployment followed by double digit inflation. When both happen we will have the true legacy of Barack Obama.
Posted by: Nephron | September 4, 2009, 10:24 pm 10:24 pm
If there’s any recovery, it is in spite of WH policy, not because of it. The inflation being set up with the stimulous…and of course the idiot Health Care Plan will pretty much douse any real recovery with inflation. Didn’t gold just start trading at $1K per ounce yesterday?
Posted by: Bill | September 4, 2009, 10:39 pm 10:39 pm
Economists stating the recession has ended is a bunch of bullhockey. Any economist stating such is lying thru his teeth…..the defination of a recession is 2 or more down quarters. It is a fact, socialist kill economies, businesses and jobs—–no surprise with Obama our economy is tanking.
Posted by: PotatoeGater22 | September 5, 2009, 2:21 am 2:21 am
“Obama won’t be happy until 50% are unemployed!” Posted by: drjohn | Sep 4, 2009 7:16:46 PM
_____________________________________
This is the kind of senseless, obvious smear comment that it driving people away from the right wing in droves.
__________________________________
Unfortunately, though it is probably the case.
Posted by: PotatoeGater22 | September 5, 2009, 2:24 am 2:24 am
Why is it that you people use current economic difficultys against Obama, if you dont like him, so what? The reccession is worldwide!You’ve complained about him but none of you have any idea of some one who could do a better job
Posted by: pat | September 5, 2009, 8:03 am 8:03 am
It’s hilarious to see the right wingdings up here blaming Obama for a global recession that started prior to his term. Do you really think your rantings make any sense, or serve any purpose other than to drive the country into the ground?
Posted by: Eric | September 5, 2009, 8:34 am 8:34 am
“It’s hilarious to see the right wingdings up here blaming Obama for a global recession that started prior to his term.”
Obama contributed to its root causes. One of the many catalysts of the economic meltdown was the explosion and subsequent collapse of subprime loans, which Obama championed and benefited from politically.
As Mona Charon documented back in 2008, ACORN proudly touted “affirmative action” lending and pressured banks to make subprime loans. Madeline Talbott, a Chicago ACORN leader, boasted of “dragging banks kicking and screaming” into dubious loans. ACORN attracted Barack Obama in his youthful community organizing days. Madeline Talbott hired him to train her staff — the very people who would later descend on Chicago’s banks as CRA shakedown artists. The Democratic nominee later funneled money to the group through the Woods Fund, on whose board he sat, and through the Chicago Annenberg Challenge, ditto. Obama was not just sympathetic — he was an ACORN fellow traveler.
The collapse of the subprime loans along with home values has DEVASTATED the working poor and especially minorities. And Alt-A/Option ARM loans are just starting their collapse now.
So how’s the CHANGE working for you?
Posted by: Stacey | September 5, 2009, 9:26 am 9:26 am
Joe Biden used to say that the 787 billion stimulus spending will keep the jobless rate below 8%. Now the rate is 9.7%, what else can he says ?
Posted by: austin | September 5, 2009, 10:33 am 10:33 am
Austan Goolsbee unsurprised by August jobs report……Perhaps he should listen to the speech Obama gave in February citing the urgency of the Stimulus Package. Here are some excerpts for your recollection. “This plan will save or create over 3 million jobs — almost all of them in the private sector. “This plan will put people to work rebuilding our crumbling roads and bridges, our dangerous — dangerously deficient dams and levees. This plan will put people to work modernizing our health care system, not only saving us billions of dollars, but countless lives. This plan will put people to work renovating more than 10,000 schools, giving millions of children the chance to learn in 21st century classrooms, libraries and labs — and to all the scientists in the room today, you know what that means for America’s future. This plan will provide sensible tax relief for the struggling middle class, unemployment insurance and continuing health care coverage for those who’ve lost their jobs, and it will help prevent our states and local communities from laying off firefighters and teachers and police. And finally, this plan will begin to end the tyranny of oil in our time.” Now.on to…… Obamas Health care Crisis…….
Posted by: pauldia | September 5, 2009, 11:13 am 11:13 am
Sounds like the definition for ‘snow-job’.
Posted by: James L. | September 5, 2009, 11:33 am 11:33 am
White House: We’re Creating an Economic Environment for Lessening Job Loss.
Unemployment Rate Jumps to 9.7%, Highest Since June 1983.
Biden elementary math seems to require an explanation on how to read the numbers.
There is a ‘trust me’ in there, somewhere.
Posted by: James L. | September 5, 2009, 11:37 am 11:37 am
James L. – Ya know, this recession was built largely on the unregulated practices within the (private) Wall Street, banking and insurance industries with their creative investments. The stimulus monies had to be used to stabalize them…unfortunately. Had we not done this under Bush and now Obama, we would have had a deeper recession and probably a depression. We are ever so slowly exiting the recession. I note that banks have begun repaying the loans with interest, the housing market has begun to perk up and there are signs across the world that economies are rebounding. Now, we can assume your posture and position that Obama has done nothing and that things are worsening or we can look at reality. The job market has not rebounded yet. It is at 9.6 percent. Job markets are one of the last things to rebound because businesses are still skitish about new investments and borrowing. I suspect we are probably about 8 months from a more complete recovery. So you can stop with the negativity as things are beginning to turn around.
Posted by: 63tango | September 5, 2009, 12:48 pm 12:48 pm
Canada created more than 25,000 jobs last month.The recession is easing overseas,as would be expected by historical patterns. However,not here.What’s the difference? Barack Obama.
Posted by: Nephron | September 5, 2009, 12:59 pm 12:59 pm
I will not hire any new employees until at least 2011 if that early.
I can’t afford to do business. I had to let go 15 people this year. I hired 5 people in 2008. They were part of the 15 I had to let go.
It is a shame that so many people do not understand that when you run a small business like I do you manage around 1.5 million dollars in contracts in a good year but when that number drops to less than half as it has this year at 700,000 it destroys everything.
I can’t afford to keep people employed and I have not made a profit this year. In fact, I have had to use my savings to keep the business alive and prevent further hirings.
I blame the Democrat controlled Congress and President Obama. They are to blame. I noticed a subtle change early in 2008. They screwed with the minimum wage, forcing me to not bring in younger workers to fill orders during our summer hours.
The teenage unemployment rate is 26%. This is the fault of Democrats having raised the minimum wage. In their desire to ‘help’ they have caused millions to become unemployed.
Obama is a disaster. I detest what he is doing to this economy.
Posted by: Michael | September 5, 2009, 1:15 pm 1:15 pm
The high unemployment rate is directly tied to the policies of the Obama administration. They have proposed trillions in new spending and business owners are smart enough to know that sooner or later they will be asked to pay for those spending increases. No company should be foolish enough to keep employees or to hire new employees when the government is clearly targeting them. Survive first, cut employees from marginally profitable services and products, and concentrate on your core profitable business. Finally, hope that you can survive in this lean mode until we get a new congress in 2010 and a new president in 2012.
Good luck to all of the business leaders out there. You have a huge target on your back with this administration.
Posted by: Fred | September 5, 2009, 2:38 pm 2:38 pm
Fred – Get real. Your statement totally overlooks the past eight years of deficit spending on Iraq and the failure to regulate businesses that created the instruments “hedge funds”, phony wealth and Ponzi schemes that undermined the economy. You say the current administration is at fault for high unemployment rate because of “proposed trillions in new spending.” This does not account for the trillions in deficits racked up under the Bush Administration and the current budget which included the stimulus package (under Bush). Deficits do matter….which is not what Cheney espoused. However, what we invest taxpayer dollars in also makes a difference. There is very little return for investments in another country’s infrastructure and a war such as Iraq. But, there is economic return for investments in such things as education, job training and our own infrastructure. Deficits do matter! But, investments in developing American industry, education and innovation have more return than the waste, fraud and abuse under the previous administration.
Posted by: 63tango | September 5, 2009, 3:19 pm 3:19 pm
Socialist always chase away jObs….Always. No surprise we are losing jobs.
Posted by: PotatoeGater22 | September 5, 2009, 3:47 pm 3:47 pm
Save Jobs—Impeach Obama.
Posted by: PotatoeGater22 | September 5, 2009, 3:48 pm 3:48 pm
This is utter nonsense. The whitehouse is creating a long term economic disaster with trillions in debt. They are listening to that mental midget Krugman who thinks more debt is great. It is time to shut them down and get some sanity back in the whitehouse.
Posted by: brian | September 5, 2009, 5:01 pm 5:01 pm