Obama to GOP: Don’t Be a ‘Grinch,’ Extend Payroll Tax Cuts
ABC News’ Mary Bruce and Devin Dwyer report:
Speaking from the 2012 battleground state of New Hampshire, President Obama urged lawmakers today to extend a payroll tax cut as he attacked Republicans for supporting tax breaks for the wealthy but not the middle class.
“When push comes to shove, are you willing to fight as hard for working families as you are for the wealthiest Americans? What’s it going to be? That’s the choice,” Obama said in a speech at a high school in Manchester, N.H.
The president caricatured Republicans as the “Grinch” for failing to support a proposal in his $447 billion jobs bill to extend and expand last year’s payroll tax cuts, which expire in December.
“Tell them, ‘Don’t be a Grinch.’ Don’t vote to raise taxes on working Americans during the holidays. Put the country before party. Put money back in the pockets of working families. Do your job. Pass our jobs bill,” Obama told the crowd of roughly 1,300.
“If Congress refuses to act, then middle-class families are going to get hit with a tax increase at the worst time. … We can’t let that happen. Not right now. It would be bad for the economy. It would be bad for employment,” Obama said. “Are they really willing to break their oath to never raise taxes, and raise taxes on the middle class just to play politics?”
According to the White House, the president’s proposal would provide a tax cut for 160 million workers by increasing the payroll tax cut to 3.1 percent.
“That isn’t a Band-Aid, that is a big deal,” Obama said in a veiled jab at Republican candidtate Mitt Romney, who last month called the payroll tax cut extension a Band-Aid. Romney began airing his first TV ad of the cycle in New Hampshire today, using his visit to attack Obama’s economic record.
“In the spirit of Thanksgiving, we are going to give them another chance,” the president said, referring to Congress. “Next week they’re going to get to make a simple vote. To be clear – no, your taxes go up; yes, you get a tax cut. Which way do you think they should vote?”

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That clown Obama will say anything to anyone.
Obama, we watched you waste money for THREE years so far and what have you to show for it? $15 Trillion in debt and unemployment STILL above 9%. So much for your keeping it below 8% and your stimulus, you fool.
Now we watch you and yours jet across the country in luxury on our dime just so you can try to run on “more of the same”. I don’t fricken think so. Once was QUITE enough!
Posted by: trish | November 22, 2011, 6:13 pm 6:13 pm
That clown Obama will say anything to anyone.
POSTED BY: TRISH | NOVEMBER 22, 2011, 6:13 PM 6:13 PM
It was a simple request to the Republicans Trish. Don’t raise taxes on the lower and middle class. Too difficult for you to understand?
Posted by: Jamie | November 22, 2011, 6:20 pm 6:20 pm
p.s. – Trish it wasn’t Obama seeking to coddle those living in ‘luxury’ (your word) at the expense of the country. It was the Republicans.
Posted by: Jamie | November 22, 2011, 6:22 pm 6:22 pm
President Obama is very generous with other people’s money!
Posted by: Common _ Sense | November 22, 2011, 6:34 pm 6:34 pm
Somehow I get the feeling Obama’s “jobs bill” contains not only an extended payroll income tax break, but little strategically placed political landmines.
Posted by: newcountryman | November 22, 2011, 6:40 pm 6:40 pm
TRISH | NOVEMBER 22, 2011, 6:13 PM posted “So much for your keeping it below 8% and your stimulus, you fool.”
Three “foolish” fact checks, and I could not find ANY evidence of anyone in the Obama administration, including the President, making a public pledge along the lines of “if we pass the stimulus, we promise unemployment will stay below 8%.”
This Right Wing myth came from a estimates in report given to the President by two staffers. Also missing from the myth are the reports heavy disclaimers such as “It should be understood that all of the estimates presented in this memo are subject to significant margins of error.”
Unbelievable this junk is still Right Wing raw meat. But what can citizens expect when Faux News reports Pepper Spray is a “food product”.
Posted by: green.goddess | November 22, 2011, 6:56 pm 6:56 pm
Trish, Mr. President let me handle your light work for you….Trish you are the disease that’s killing your precious Republican Party, you disrespect the highest office in our society and expect others to take your comments seriously. You don’t have an original thought in that pea brain. You are what I call a ditto head, you repeat all of the silly talking points Rush and company spew across the airwaves.
Posted by: focusonjobs1 | November 22, 2011, 7:10 pm 7:10 pm
“Pepper Spray is a “food product”. Didn’t hear that one. Now catsup a veggie, yeah.
Posted by: newcountryman | November 22, 2011, 7:24 pm 7:24 pm
green.goddess wrote:”Three “foolish” fact checks, and I could not find ANY evidence of anyone in the Obama administration, including the President, making a public pledge along the lines of “if we pass the stimulus, we promise unemployment will stay below 8%.””
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You’re so right. oBama pledged that for $1 trillion in stimulus he would keep unemployment below 20%. We bow in honor of his economic genius and your astute “fact” checking. Romer and Bernstein were just disillusioned Republicans.
Posted by: Michelle Shu Jas | November 22, 2011, 8:20 pm 8:20 pm
I wonder what other “goodies” are in Obama’s “jobs bill”?
Posted by: newcountryman | November 22, 2011, 8:22 pm 8:22 pm
People who blame Obama as not leading are not honest but have an agenda. What has Obama not done to bring back the American economy to a sound footing. Blame those who are determined to make him a one time President because oftheir selfish interests. Do they think of America? No Way.
Blame Speaker Boehner and senate minority leader Mitch McConnell who cannot control their party members who have signed contracts with an unlected Gover Reinquist. They are no good leaders and cannot lead. Now, who follows the constitution?
Problem is that democrates do not work together. This is why some of them are calling for Mrs Clinton to challenge Obama at this time, with the help of CNN. CNN has an agenda and it is bad for democracy.
Posted by: Kenneth Quartey | November 22, 2011, 8:26 pm 8:26 pm
“You’re so right. oBama pledged that for $1 trillion in stimulus he would keep unemployment below 20%.”
Cut the usual baloney Michelle. If the Obama administration officially pledged unemployment would stay below any particular level it should be really easy to find an exact quote to that effect….let’s see it.
Posted by: numbers | November 22, 2011, 8:41 pm 8:41 pm
numbers wrote:”If the Obama administration officially pledged unemployment would stay below any particular level it should be really easy to find an exact quote to that effect….let’s see it.”
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So what did oBama promise in return for $1 TRILLION productive taxpayer dollars? Besides it becoming a slush fund for paybacks to his political cronies. Did you expect him to actually do something with it that would benefit the entire country?
Posted by: Michelle Shu Jas | November 22, 2011, 8:59 pm 8:59 pm
kenneth quartey wrote:”What has Obama not done to bring back the American economy to a sound footing.”
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Everything except something that would actually work….
Posted by: Michelle Shu Jas | November 22, 2011, 9:01 pm 9:01 pm
“You’re so right. oBama pledged that for $1 trillion in stimulus he would keep unemployment below 20%.”
Cut the usual baloney Michelle. If the Obama administration officially pledged unemployment would stay below any particular level it should be really easy to find an exact quote to that effect….let’s see it.
POSTED BY: NUMBERS | NOVEMBER 22, 2011, 8:41 PM 8:41 PM
There isn’t any such quote and Michelle won’t be able to produce it. We could wait from now till eternity, Michelle will produce no such quote.
Posted by: Tom | November 22, 2011, 9:08 pm 9:08 pm
tom wrote:”There isn’t any such quote and Michelle won’t be able to produce it. We could wait from now till eternity, Michelle will produce no such quote.”
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Christina and Jared are quite happy that you have such selective memory loss. Takes some of the heat off their failed analysis (more like absolute guesswork).
Posted by: Michelle Shu Jas | November 22, 2011, 9:19 pm 9:19 pm
ABC get your pathetic house in order, I just had Michelles’ name and email in my box.. its time you get this straightened out.. Hire someone that is compentent
Posted by: Wake up ABC | November 22, 2011, 9:37 pm 9:37 pm
How much can the low-end of the taxpayer spectrum actually pay when the top 50% cough up 97% of all the taxes paid? How much more of a break do they “deserve”?
Posted by: s | November 22, 2011, 9:49 pm 9:49 pm
tom wrote:”There isn’t any such quote and Michelle won’t be able to produce it. We could wait from now till eternity, Michelle will produce no such quote.”
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 9:19 PM 9:19 PM
Michelle you are building a history of not being able to back up the nonsense you post. At least we know now whether or not to take you seriously.
Posted by: Jamie | November 22, 2011, 9:50 pm 9:50 pm
“Did you expect him to actually do something with it that would benefit the entire country?”
According to the CBO and several private financial firms the stimulus created or saved millions of jobs while funding state programs nationwide and helping balance state budgets…even some with supposedly anti-stimulus Republican governors like Texas and Virginia
Posted by: numbers | November 22, 2011, 10:00 pm 10:00 pm
Obama’s concern for our country might be more convincing if he were back in DC hammering away at his SuperCommittee and the rest of Congress rather than campaigning.
Posted by: LagunaTriMom | November 22, 2011, 10:03 pm 10:03 pm
jaime wrote:”Michelle you are building a history of not being able to back up the nonsense you post. At least we know now whether or not to take you seriously.”
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Ouch, now you are putting me in the same credibility range as oBama…. that hurts!
Posted by: Michelle Shu Jas | November 22, 2011, 10:06 pm 10:06 pm
numbers wrote:”According to the CBO and several private financial firms the stimulus created or saved millions of jobs…”
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But all this was supposed to CREATE millions of jobs. When everyone found out that it FAILED to CREATE jobs, the lefties moved the goalpost to “SAVED” jobs to cover up the abject FAILURE of oBama’s economic policies.
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“…while funding state programs nationwide and helping balance state budgets…”
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How are those state budgets today? Balanced? LOL….a temporary fix to a long term problem… oBama and the DEMOCRATS just kicked the can down the road again.
Posted by: Michelle Shu Jas | November 22, 2011, 10:14 pm 10:14 pm
“Christina and Jared are quite happy that you have such selective memory loss. Takes some of the heat off their failed analysis (more like absolute guesswork)”
“guesswork” is no pledge, is wordgames all you people have left? Now let’s review all of the latest right-wing failed analysis;
They predicted the stimulus would trigger inflation, they were dead wrong. They predicted Qe2 by the Fed would destroy the value of the dollar, but they were wrong again; They claimed austerity would trigger investment in Europe, they were terribly wrong; They said the S&P downgrade would effect the ability of the US to market our debt, they couldn’t have been more wrong, interest rates actually declined afterward.
The right-wing hasn’t been able to make a correct prediction about practically anything.
Posted by: numbers | November 22, 2011, 10:20 pm 10:20 pm
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 10:16 PM 10:16 PM
Goodness gracious Michelle – you’re the one who once again proved before our very eyes that you’re llacking in credibility and unable to back up your phony claims.
Posted by: Jamie | November 22, 2011, 10:28 pm 10:28 pm
“When everyone found out that it FAILED to CREATE jobs”
It created millions of jobs, there must be the usual self-induced comprehension problems. But only partisan hacks would say saving millions of jobs is some kind of failure.
Posted by: numbers | November 22, 2011, 10:30 pm 10:30 pm
numbers wrote:”The right-wing hasn’t been able to make a correct prediction about practically anything.”
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Well, Fred, we predicted that oBama would be an abject failure. Unfortunately, that prediction has become increasing true with every passing day.
Posted by: Michelle Shu Jas | November 22, 2011, 10:31 pm 10:31 pm
“DEMOCRATS just kicked the can down the road again”
They are correctly focusing on much more serious short term problems like high unemployment and slow economic growth instead of diversions like focusing on long term problems. We need to get Americans back to work, then we can focus on deficit reduction.
Posted by: numbers | November 22, 2011, 10:35 pm 10:35 pm
The 8% unemployment prediction comes via a Jan. 9, 2009, report called “The Job Impact of the American Recovery and Reinvestment Plan” from Christina Romer, chairwoman of the president’s Council of Economic Advisers, and Jared Bernstein, the vice president’s top economic adviser.
Their report projected that the stimulus plan proposed by Obama would create 3 million to 4 million jobs by the end of 2010. The report also included a chart predicting unemployment rates with and without the stimulus. Without the stimulus (the baseline), unemployment was projected to hit about 8.5 percent in 2009 and then continue rising to a peak of about 9 percent in 2010. With the stimulus, they predicted the unemployment rate would peak at just under 8 percent in 2009.
So even though Obama didn’t say it, his team did.
Posted by: newcountryman | November 22, 2011, 10:37 pm 10:37 pm
Speaking of predictions… will Tony Rezko get a pardon if he keeps quiet for the next year? How about Corzine? What say you, oBama stooges?
Posted by: Michelle Shu Jas | November 22, 2011, 10:37 pm 10:37 pm
“that prediction has become increasing true”
I posted facts, and you can only respond with mere biased opinion.
Posted by: numbers | November 22, 2011, 10:39 pm 10:39 pm
jamie wrote:”Seen her on here before making lies ”
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What is the lie? Lets see you back up your typical false claim.
Posted by: Michelle Shu Jas | November 22, 2011, 10:42 pm 10:42 pm
“With the stimulus, they predicted………..”
It was just a prediction, an estimate. It was no pledge, promise or guarantee of any kind.
Posted by: numbers | November 22, 2011, 10:43 pm 10:43 pm
What is the lie? Lets see you back up your typical false claim.
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 10:42 PM 10:42 PM
Anyone can review the posts here and see your lies for themselves – and your inability to find any quote showing Obama or anybody in his administration promised the stimulus would keep unemployment below 8%.
As far as criminals go, let’s look at all the people charged and convicted of criminal activities while participating in Republican administrations – too many to list.
Posted by: Jamie | November 22, 2011, 10:48 pm 10:48 pm
One thing Michelle proves is that Republicans become very skilled liars. Kind of sad to watch.
Posted by: Jamie | November 22, 2011, 10:50 pm 10:50 pm
numbers wrote:”It was just a prediction, an estimate. It was no pledge, promise or guarantee of any kind.”.
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$1 TRILLION taxpayer dollars is not worth a pledge, a promise, a guarantee? Thanks for pointing out the obvious lack of credibility in anything oBama or any DEMOCRAT says from now on.
Posted by: Michelle Shu Jas | November 22, 2011, 10:51 pm 10:51 pm
So, is the fact that unemployment rose even as the stimulus unfolded proof that it has failed? White House officials have steadfastly maintained that the stimulus worked, even though the unemployment rate has risen above 8% projected in January 2009, it would be even worse if not for the stimulus. That was the gist of Obama’s claim in a town hall meeting on the economy in Racine, Wis., on June 30, 2010.
“Now, every economist who has looked at it has said that the recovery did its job,” Obama said. “It put a brake on the collapse of the economy. We avoided a Great Depression. We are now growing again. The problem is, No. 1, it’s hard to argue sometimes, things would have been a lot worse. Right? So people kind of say, yeah, but unemployment is still at 9.6. Yes, but it’s not 12 or 13, or 15.”
That comment was ridiculed by the Daily Show’s Jon Stewart who commented, “I believe we can all agree as Americans there are many numbers bigger than nine.”
Posted by: newcountryman | November 22, 2011, 10:59 pm 10:59 pm
jaime @ 10:48
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Tony Rezko wants to know if you can go mow his lot next to oBama’s house in Chicago. He is going to be unavailable, at least until oBama’s last day in office. It’d be a shame if oBama visited his house during the holidays and found his lot full of weeds.
Posted by: Michelle Shu Jas | November 22, 2011, 11:00 pm 11:00 pm
Yep, the 8% prediction or “estimate” was flat out wrong.
Posted by: newcountryman | November 22, 2011, 11:03 pm 11:03 pm
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 10:51 PM 10:51 PM
Wow. Michelle has never heard of an estimate being used in economics! Stunning.
Posted by: Jamie | November 22, 2011, 11:04 pm 11:04 pm
“$1 TRILLION taxpayer dollars is not worth a pledge, a promise, a guarantee?”
Anybody with even just an elementary understanding of economics knows there are no guarantees Let’s see you get a guarantee from your stockbroker.
Posted by: numbers | November 22, 2011, 11:06 pm 11:06 pm
Yep, the 8% prediction or “estimate” was flat out wrong.
POSTED BY: NEWCOUNTRYMAN | NOVEMBER 22, 2011, 11:03 PM 11:03 PM
That’s why you won’t find any quotes from anybody in the Obama administration promising the unemployment rate would stay below 8% – even though Republicans repeatedly lie and claim they did.
Posted by: Jamie | November 22, 2011, 11:06 pm 11:06 pm
If the stimulus failed [opinion] it was because it was too small to compensate for a 5.5 trillion dollar loss in the wealth of the nation.
Posted by: numbers | November 22, 2011, 11:09 pm 11:09 pm
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 8:20 PM 8:20 PM posted “We bow in honor of his economic genius and your astute “fact” checking.” Thanks! A few more clarifications:
As our economy fell into Recession back in 2007, Congress passed what amounts to THREE stimulus bills — First, a bipartisan $158 billion package of tax cuts signed by President G. W. Bush in early 2008. See, even the Bush administration promoted the idea of stimulus spending as a way to put a floor under a recession downslide. The idea was not to magically return the economy back to the Housing Bubble in short order, but pave a way for growth.
Second, after our financial system’s collapse, a $787 billion bill supported by President Obama was passed after he took office in 2009.
Third, a tax cut and unemployment fund extension agreement reached by President Obama and Congressional Republicans in December 2010.
The consensus among economists across the political spectrum is that these three pieces of stimulus helped prevent a cascade of job losses and supported the beginning of a long recovery.
So here’s my question Michelle – if President Bush had done NOTHING back in 2008 and President Obama had not supported stimulus spending in 2009, and the Republicans in Congress refused to extend unemployment benefits in 2010, help us understand how that would have been a “success” in your mind?
Posted by: green.goddess | November 22, 2011, 11:10 pm 11:10 pm
Prediction? Estimate? Wild-a**-guess? WTF? 8%, 9.6%, 12, 13, 15%… If nothing else you have all helped prove, what most of us already knew, that oBama and the DEMOCRATS don’t know SQUAT about economics.
Posted by: Michelle Shu Jas | November 22, 2011, 11:11 pm 11:11 pm
Jamie; Well, I guess they didn’t “promise” it would stay below 8%, but they definitely said it would. It’s sematics we’re talking here…. See my 10:37 PM post.
Posted by: newcountryman | November 22, 2011, 11:14 pm 11:14 pm
numbers wrote:”Let’s see you get a guarantee from your stockbroker.”
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Mine guarantee’s that he won’t steal the money from me and hand it out to his crony buddies. The rest of the risk is up to ME! That’s a better guarantee than anyone will get from oBama and the DEMOCRATS.
Posted by: Michelle Shu Jas | November 22, 2011, 11:14 pm 11:14 pm
Jamie; Well, I guess they didn’t “promise” it would stay below 8%, but they definitely said it would. It’s sematics we’re talking here…. See my 10:37 PM post.
POSTED BY: NEWCOUNTRYMAN | NOVEMBER 22, 2011, 11:14 PM 11:14 PM
Provide us with any quote by any member of the Obama administration stating that unemployment would stay below 8%. Any quote.
Posted by: jamie | November 22, 2011, 11:18 pm 11:18 pm
That’s a better guarantee than anyone will get from oBama and the DEMOCRATS.
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 11:14 PM 11:14 PM
After the massive economic collapse under Bush and close to 8 million people losing their jobs! in the aftermath of that disaster, we’ve now had almost two years of economic growth and millions of jobs added. Over 200,000 jobs added in the past two months.
Sure, the Republicans could have done better, except it was Bush and the Republicans who put their ‘strong’ economy in place during the 2000′s. How strong?
It collapsed like a house of cards and that’s why we’re where we are today.
Ain’t voting for them again.
Posted by: jamie | November 22, 2011, 11:23 pm 11:23 pm
ABC get your pathetic house in order, I just had Michelles’ name and email in my box.. its time you get this straightened out.. Hire someone that is compentent
Posted by: Wake up ABC
And I am staring at numbers email addy now which is the third or forth time it has happened to me.
ABC get your act together. This has been going on for weeks. You are running people off.
And of course it is taking multiple submits to get past what is possible the most fascist error message of all time….”you are posting too fast. slow down”. I am going to start saying a little prayer against whoever strung those words together.
Posted by: foggy | November 22, 2011, 11:24 pm 11:24 pm
Why does this abc web page keep giving me your email addresses? Something is very wrong about that. newcountryman I’m seeing your information show up in my posting box. Not good.
Posted by: newcountryman | November 22, 2011, 11:25 pm 11:25 pm
“that oBama and the DEMOCRATS don’t know SQUAT about economics”
As I listed before, their predictions have been much more accurate than their right-wing critics. Right now the Republicans are engaging in outright economic nonsense by claiming spending cuts and austerity will create jobs when all of the evidence goes against it. These measures will shrink the economy, and investors know it. Just look at Europe; they cut back and imposed austerity and investors fled. Now they can’t generate enough revenue to stay on top of debt. Nobody is going to invest in an economy which they think is going to shrink. Growth is everything.
Posted by: numbers | November 22, 2011, 11:26 pm 11:26 pm
Jamie, The 8% estimate was published in an economic report authored by Christina Romer and Jared Bernstein from Jan. 9, 2009 on the impact the economic stimulus would have. See my 10:37 PM post.
Posted by: newcountryman | November 22, 2011, 11:29 pm 11:29 pm
I see we are playing the 8% unemployment game again and as usual it is being wordsmith by Barry’s sycophants in order to play the self-righteous card. Snore. Not one of you attacking Michelle has the stones to criticize the Obama administration in any meaningful and significant way.
Posted by: foggy | November 22, 2011, 11:30 pm 11:30 pm
The guy who wanted 1.2 trillion in new revenues……….wants to cut revenues?????
What’s wrong with this picture? Really?
NO…….do NOT extend the payroll tax cuts……..because that is cutting the SS and Medicare funds. It makes ZERO sense.
Posted by: Rick McDaniel | November 22, 2011, 11:33 pm 11:33 pm
foggy @ 11:24pm
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Ditto that….. between the pathetic software fronting this supposed blog, we also have to deal with the little perfumed poodles of the press who censor many messages which speak ill of oBama or the DEMOCRATS. Seems they want to run everyone off except the oBama stooges.
Posted by: Michelle Shu Jas | November 22, 2011, 11:33 pm 11:33 pm
Jamie, The 8% estimate was published in an economic report authored by Christina Romer and Jared Bernstein from Jan. 9, 2009 on the impact the economic stimulus would have. See my 10:37 PM post.
POSTED BY: NEWCOUNTRYMAN | NOVEMBER 22, 2011, 11:29 PM 11:29 PM
Yes, and nobody stated the unemployment rate would stay below 8%. In fact in that report they specifically cautioned against taking their projections as exact or definitive, and laid out the reasons why.
Of course, the Republican right did exactly what they cautioned against and have lied and attacked the administration. That’s the Republican right wing for you.
Posted by: numbers | November 22, 2011, 11:34 pm 11:34 pm
Numbers; The EU problems stem directly from a LACK of austerity that has been building slowly over the past 4 decades. You can’t over spend your way to prosperity.
Posted by: newcountryman | November 22, 2011, 11:43 pm 11:43 pm
Numbers (11:34 PM); Talk about being in denial! Good Lord! Why write a report with numbers at all? I just stated where the 8% number came from. Amazing.
Posted by: newcountryman | November 22, 2011, 11:47 pm 11:47 pm
I guess from now we shouldn’t take anything this administration says or publishes unless it also contains the disclaimer, “cross my heart and hope to die”.
Posted by: newcountryman | November 22, 2011, 11:55 pm 11:55 pm
Rick (11:33 PM), It’s all politics. What we’re not hearing about is all the other goodies in Obama’s jobs bill proposal. That way if he doesn’t get what he wants, he can point the fickled finger of blame again. See how it works? And it works too. All you have to do is read some of the comments here.
Posted by: newcountryman | November 23, 2011, 12:01 am 12:01 am
Numbers (11:34 PM); Talk about being in denial!
the names are getting scrambled, I did not post that however the Right has been relentlessly driving the inaccuracy of this particular prediction as some kind of proof that the stimulus failed outright while ignoring all of the benefits, even by governors who used lots of stimulus funds like Rick Perry.
Posted by: numbers | November 23, 2011, 12:06 am 12:06 am
Numbers (11:34 PM); Talk about being in denial! . . . I just stated where the 8% number came from. Amazing.
POSTED BY: NEWCOUNTRYMAN | NOVEMBER 22, 2011, 11:55 PM 11:55 PM
Denial? Actually YOU were the who claimed “Well, I guess they didn’t “promise” it would stay below 8%, but they definitely said it would.”
I would say it is you who is in denial
Yes the information came from the Romer/Bernstein Report, and no, nobody stated the unemployment rate would stay below 8%. In fact in that report they specifically cautioned against taking their projections as exact or definitive, and laid out the reasons why.
Of course, the Republican right did exactly what they cautioned against and have lied and attacked the administration. That’s the Republican right wing for you.
Posted by: Jamie | November 23, 2011, 12:07 am 12:07 am
ignoring all of the benefits, even by governors who used lots of stimulus funds like Rick Perry.
POSTED BY: NUMBERS | NOVEMBER 23, 2011, 12:06 AM 12:06 AM
Perry used Obama stimulus money to balance his budget and now both attacks the stimulus and boasts about his balanced budgets. Again, so typical of the Republicans it’s scary.
Posted by: Jamie | November 23, 2011, 12:11 am 12:11 am
“The EU problems stem directly from a LACK of austerity that has been building slowly over the past 4 decades”
Those are long term problems. Austerity has failed to boost investment short term anywhere it’s been tried. They have to get their economies growing again before they can tackle all of their debt problems. Same here in this country. If we don’t get the economy growing again, and soon, the debt is going to explode.
Posted by: numbers | November 23, 2011, 12:16 am 12:16 am
Numbers, I have to agree with your 12:16 AM post. But I don’t think continuing to spend money you just don’t have will get you there.
Posted by: newcountryman | November 23, 2011, 12:23 am 12:23 am
Does anyone really listen to Obama anymore? This man is only concerned with trying to get re-elected and is willing to destroy this great country along the way. Everything he says is designed to “blame” the Republicans because the American public finally got tired of 2.5 years of blaming George Bush. America needs a leader who is willing to bring Republicans, Democrats and Independents together to solve our fiscal problem before we follow the path to bankruptcy like Greece and Italy. We do not have a lack of revenue problem, we have a problem with a government that spends too much and operates like the Mafia.
Posted by: David | November 23, 2011, 12:28 am 12:28 am
What makes you think we don’t have any money? Corporations and the very wealthy are just sitting on trillions of dollars which they aren’t investing in their country. They aren’t creating jobs when they’re making record profits. We have every legal right to raise their taxes and use that revenue to boost economic growth and lower deficits.
Posted by: numbers | November 23, 2011, 12:31 am 12:31 am
POSTED BY: DAVID | NOVEMBER 23, 2011, 12:28 AM 12:28 AM
General Election: Romney vs. Obama Pew Research Obama 49, Romney 47 Obama +2
General Election: Gingrich vs. Obama Pew Research Obama 54, Gingrich 42 Obama +12
General Election: Perry vs. Obama Pew Research Obama 53, Perry 42 Obama +11
Posted by: Jamie | November 23, 2011, 12:38 am 12:38 am
Numbers, I was talking about the EU members like Greece, Italy, Spain, etc.
Posted by: newcountryman | November 23, 2011, 12:43 am 12:43 am
The EU is going to need some big moves by it’s big banks especially the ECB.
Posted by: numbers | November 23, 2011, 1:02 am 1:02 am
Ditto that….. between the pathetic software fronting this supposed blog, we also have to deal with the little perfumed poodles of the press who censor many messages
POSTED BY: MICHELLE SHU JAS | NOVEMBER 22, 2011, 11:33 PM 11:33 PM
Aren’t you special.
Posted by: Dave | November 23, 2011, 3:21 am 3:21 am
jamie wrote:”Perry used Obama stimulus money to balance his budget and now both attacks the stimulus and boasts about his balanced budgets. Again, so typical of the Republicans it’s scary.”
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Much of that money came from Texas to begin with, why wouldn’t Perry use money that was confiscated from Texans. You act like oBama opened up his wallet and gave it to Perry to use against his will.
Posted by: Michelle Shu Jas | November 23, 2011, 7:52 am 7:52 am
“The EU is going to need some big moves by it’s big banks especially the ECB.”
John Corzine to the rescue!
Posted by: MF | November 23, 2011, 11:18 am 11:18 am
POSTED BY: MICHELLE SHU JAS | NOVEMBER 23, 2011, 7:52 AM 7:52 AM
How many sides of your mouth do you want to talk out of at once? It was a successful use of government resources – Perry admits as much when he brags about balancing his budget using stimulus funds. The Bush use of government resources and his intelligence failures on (for instance) Iraq,’weapons of mass destruction’ and 9/11 are a different matter. Yes, the money comes from the same source – how it’s used is a different matter.
Posted by: Jamie | November 23, 2011, 1:27 pm 1:27 pm