Obama Taps Labor Expert To Head Council Of Economic Advisers

This is exactly what we do not need: another person who will advocate more and more government intervention into the economy. Government intervention and spending is the root cause of our economic stagnation.
What Obama is going to do is make a bunch of proposals including more RECKLESS SPENDING and TAX INCREASES that he knows cannot pass the House. Then he will use that outcome to campaign indicating the Republicans are not working to fix the economy. This is DIRTY POLITICS of the highest order. Obama is putting his reelection AMBITION ahead of what is good for the country. Getting elected is more important than the SUFFERING of the American people to Obama. This COMPLETE DISREGARD for the welfare of the American people shows how urgent it is to vote Obama out of office.
Obama has made it clear he plans to spend $1 BILLION to try to get reelected. Spending $1 BILLION while the American people are suffering shows how out of touch Obama is. Having the taxpayers pay for what was just a campaign trip shows his disdain for the suffering of the American people.
The fact is the American economic problems will never be solved. All of the people living off the governments dime (welfare, food stamps, government employees, etc.) will continue to vote for the SPEND, PRINT, REGULATE, and TAX DEMOCRATS. The SPEND, PRINT, REGULATE, and TAX DEMOCRATS will continue to vote for the maintenance and extension of these programs so they can keep getting elected. It is a downward spiral with no viable solution unless all of us not living off the government’s dime vote 100% to replace the SPEND, PRINT, REGULATE, and TAX DEMOCRATS.
Obama engaged in a reckless stimulus spending plan which only did more harm than good. That money was used to offset financial mismanagement at the state level. The projects that were funded by that money only gave a temporary increase in business to certain businesses but BUSINESS DID NOT CREATE PERMANENT JOBS TO MEET THAT DEMAND. Why? Because the stimulus was a temporary increase in spending and did not represent a long term increase in business. Businesses met that one time increase without hiring many people. The reckless stimulus spending did not create an investment opportunity for business. The only way we will see real, long term growth in jobs is if we eliminate the oppressive regulation of business (not Wall Street), change the tax structure so it is comparable to other countries, allow businesses the flexibility to make labor more efficient and STOP THE SPENDING.
Printing money did not work because interest rates were already as low as they could go. More dollars chasing the same amount of good and service means price increases not more jobs.
Our bloated and inefficient government is what is thwarting job and economic growth and the reckless stimulus spending and the reckless printing of money have not and will not do anything to fix it.
Obama is so h*ll bent of “taxing the rich” (whatever that means) because it is a campaign strategy not because it is good for the country. Obama is obsessed with getting reelected so he can ram more of his “hope and change” left-wing, near socialistic programs into law. The Democrats with Obama in charge will continue to spend and spend. More and more social programs will mean more and more people with little incentive to work and more and more voters living off the programs advocated by the SPEND, PRINT, REGULATE, and TAX DEMOCRATS . His “taxing the rich” attitude will send more and more jobs out of the country.
Mr. Obama: stop campaigning, stop SPENDING, TAXING, and REGULATING and do what is good for the country.
We must continue to VOTE THEM OUT!!!

Previous Council of Economic Advisers chair Christina Romer left in September 2010, National Economic Council director Larry Summers returned to Harvard in January, and Office of Management and Budget director Peter Orszag left last July.
They recognized this failing President and left
Following speculation that Geithner was also readying to leave, Treasury announced earlier this month that the Secretary is in fact staying in his current position.
Time for TurboTax Timmy to leave also

You would think by now that these Collage professor types are not working. You need
people who live in the every day world,
that know all the hoops being thrown at you
by the government. That can honestly access
how to get the economy growing again. If
your some book worm on a collage campus
I very much doubt you know all the problems of managing employees, taxes,
incoming and outgoing shipping costs that
change as much as fuel prices do, and what to do about Obamacare and the
upcoming cost of that on your business.
Let alone the daily malfunctions of equipment, and advertising your product.

Then he will use that outcome to campaign indicating the Republicans are not working to fix the economy
+++++++++++++++++==
Well he should because they’re not. They haven’t proposed any legislation to help job creation and their voodoo economic ideology of cutting spending while unemployment is high will do nothing to help the economy. I hope working class Americans are starting to understand that all this focus on long term problems like debt and the entitlements is a huge diversion to cover for the fact that they have no intention or capability to help our short term and much bigger problems; a slow economy and high unemployment.

Well he should because they’re not. They haven’t proposed any legislation to help job creation
Posted by: Skip | Aug 29, 2011 11:18:44 AM
What legislation have Obama and the Dems proposed? They had 2 years to do it ON THEIR OWN, and did nothing.

Pretty funny hiring a labor expert to help solve a problem with massive government spending and massive unemployment. Obama would do better to hire a ‘Scott Walker’ type, someone with a proven track record and ideals that would help solve the problem.

AngryMobVoter -
Super Synopsis of our Sad Federal Government and its fiscal woes – Seemingly Too Long, but, for a few of us, it was:
Succinct, concise, pointed/precise, articulate, and, most importantly, accurate.
Unfortunately, because of its length, most folks will never read it – so, in the end, only you and the choir understand the hymn.

for a few of us, it was:
Succinct, concise, pointed/precise, articulate, and, most importantly, accurate
++++++++++++++++++++
Yes we know Republicans enjoy big baloney sandwiches….there isn’t a fact in the entire thing…just biased opinion.

This COMPLETE DISREGARD for the welfare of the American people shows how urgent it is to vote Obama out of office
++++++++++++++++++++++
The Tea Party cares about the welfare of the American people by cutting their benefits, protections, and lowering their standard of living, just so the Tea Party can diligently defend tax breaks and loopholes for their favorite constituents.

Our bloated and inefficient government is what is thwarting job and economic growth
+++++++++++++++++
No, lack of consumer demand and spending is thwarting job growth.

The fact is the American economic problems will never be solved. All of the people living off the governments dime (welfare, food stamps, government employees, etc.)
+++++++++++++++++
It is reprehensible in the extreme to blame our economic problems on the poor and disadvantaged as well as government employees who are working on public services while the top 1% takes home almost a quarter of all earnings and pays very low tax rates. Protecting these low tax rates is the primary agenda of the Tea Party.

“Krueger, a labor economist and member of Princeton’s faculty, served as assistant Treasury secretary for economic policy during the first two years of the Obama administration. He favors “a future consumption tax to fix today’s economy,” as well as a higher minimum wage, which his research purports to demonstrate does not depress employment. He was also one of the minds behind the Cash for Clunkers program.”
Apparently the genius behind Cash for Caulkers was not available.

The more people there are on food stamps, the more people government is taking care of. Those of you who have jobs to pay taxes so others can eat should count your lucky stars and quit complaining. If it weren’t for SNAP, these poor people would be kicking your door in for food -would you prefer that?

What legislation have Obama and the Dems proposed? They had 2 years to do it ON THEIR OWN, and did nothing
+++++++++++++++++
Tell that to Rick Perry. He balanced his state budget in Texas and is claiming to have created all kinds of jobs…
Posted by: Skip | Aug 29, 2011 11:44:09 AM
9.1% unemployment. When the Dems took over the Senate and the House in 2007, unemployment was 4.6%.
The Dems wasted BILLIONS on “stimulus” and anything else they could spend on. Without passing budgets.

And the bankrupt USA
+++++++++++++++++++++
The USA is far from bankrupt…there is still plenty of wealth and potential for economic growth in this country…it’s just that the Tea Party and the rest of the Republicans don’t want to advertise how much wealth there is and who has most of it because they want to keep it where it is at the expense of working class Americans.

Listen to all the “experts”. The man hasn’t even served yet but there are so many yapping away at what a failure his appointment will become. Jeez, try being postive for a change. Don’t we want this country to provide jobs, thereby increasing consumption, thereby improving the economy.
And to “deadwrestler”, it is spelled college not “collage”.

Ah, more of the same failed policies. Has anybody in this administration every thought that maybe if the appointed somebody WHO HAS HELD A REAL JOB might give better insight that someone that has not? This is a real live country populated by real live people and I with this President would quit treating it like a college experiment. You could take every college professor in this country and none of them would have the understanding to keep or hold a job. That would be like taking somebody with 30 years in an auto plant assembly line and have him teach a business class on marketing.