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Administration eyes ways to help laid-off workers (Stimulus II 'on the table' and horizon?)
AP on Yahoo ^ | 10/3/09 | Charles Babington - ap

Posted on 10/03/2009 11:17:50 AM PDT by NormsRevenge

WASHINGTON – The Obama administration is considering steps to ease the burdens of laid-off workers, including possible extensions of unemployment and health benefits, officials said Saturday.

The administration has stopped short of calling for a second economic stimulus package to augment the $787 billion measure approved this year. But with the jobless rate continuing to climb, President Barack Obama said Saturday he is exploring "additional options to promote job creation."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: administration; bho44; bhodol; bhoeconomy; laidoff; layoffs; obama; porculus; porkulus; porkulusii; stimulus
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To: NormsRevenge

The only way to “stimulate job creation” is to stimulate businesses that employ people.

Just throwing money into social programs and writing checks to the unemployed won’t stimulate much anything. That’s like treating the symptoms without curing the disease.

Tax cuts usually help, but with the amount of spending going on, tax cuts would be difficult due to the already massive deficit.

What they need to do is cut the hell out of spending, and cut taxes by 50% of the amount they cut spending by.

Repeal the stimulus, because it didn’t work, and then repeal TARP. They should also kill the ‘crap & tax’ legislation where it stands. Give up control of the auto companies and let them go bankrupt, and do the same for the big banks that should have been allowed to fail.

There are so many things that could be done to turn he economy around, but they can’t bring themselves to do what must be done, because the people in control are blinded by ideology and addicted to the special interest money that comes from those that profit from big government and the federal bureaucracy.


21 posted on 10/03/2009 12:02:56 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: NormsRevenge

BWAHAHAHAHAHA!!!


22 posted on 10/03/2009 12:09:41 PM PDT by NotSoModerate (Obama's spin isn't ordinary, it's roller coaster ride after a few beers spin.)
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To: NormsRevenge

Only problem, their eyes are looking in all the wrong directions.


23 posted on 10/03/2009 12:15:24 PM PDT by mulligan
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To: NormsRevenge

These people are too stupid or too insane to ever achieve functional adulthood.....


24 posted on 10/03/2009 12:16:29 PM PDT by mo
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To: NoObamaFightForConservatives

p.s. are they mother freaking insane?
______________
Why yes, now that you mention it, they are. mmm barack hussein obama mmm


25 posted on 10/03/2009 12:29:10 PM PDT by mojitojoe (Socialism is just the last “feel good” step on the path to Communism and its slavery. Lenin)
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To: NormsRevenge

26 posted on 10/03/2009 12:37:57 PM PDT by Bean Counter (No, I am Jim Thompson!!)
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To: NormsRevenge

27 posted on 10/03/2009 2:05:57 PM PDT by Iron Munro (You can't kill the beast while sucking at its teat - Claire Wolfe)
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To: NormsRevenge
Administration aides said possibilities include:

--extending enhanced unemployment-insurance benefits beyond Dec. 31, when they are set to expire.

--extending a tax credit for laid-off workers who buy health insurance through the COBRA program. That program allows workers to keep their company's health insurance plan for 18 months after they leave their job, if they pay the premiums.

--extending a tax credit for first-time home buyers. This credit also is set to expire soon.

In other words, we're going to keep doing the stuff we're already doing. Oh, that will help.

28 posted on 10/03/2009 3:29:03 PM PDT by Brilliant
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To: mojitojoe
and Michelle is the mother. Let's see who they have blamed for not getting their mob town in the olympics so far...

1-Bush

2-The committee (see drudge headline)

NEXT....the race card...

NEWSFLASH OBAMA: The world thinks you are money spending fool weak pansy.

29 posted on 10/03/2009 4:47:04 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: StayAt HomeMother; Ernest_at_the_Beach; 1ofmanyfree; 21twelve; 24Karet; 2ndDivisionVet; 31R1O; ...

Or maybe we could just hire the ginsu knives people to run the gov’t.


30 posted on 10/03/2009 6:32:16 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: Gator113

I’m very serious about this. We all know that EVERYONE knows Obama is purposely trying to destroy the U.S. of A. How can we get him impeached? what do we need to do?


31 posted on 10/03/2009 7:39:02 PM PDT by Wisconsinlady
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To: Wisconsinlady
How can we get him impeached? what do we need to do?

I've got news for you. This Congress ain't gonna impeach this President.

Ergo, start by getting a new Congress.

32 posted on 10/03/2009 7:46:21 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: Wisconsinlady

The dems will never touch it. Obama could eat babies on live tv and they would still turn their heads.

2010 is our best bet if we can get the dems tossed out. But to impeach, it would take risk takers on our side and I won’t hold my breath on that luck.

However, Obama has a chip on his shoulder and a glass jaw. I am hopeful that he completely loses his temper and does something that forces the issue.


33 posted on 10/03/2009 8:05:00 PM PDT by Gator113 (Obamba, Reid, Pelosi, the socialist triad.)
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To: NormsRevenge

Stimulus II: Because Porkulus worked so well.


34 posted on 10/03/2009 8:32:25 PM PDT by Uncle Miltie (Have you heard the rumor: Cass Sunstein is a Communist, Censor, Bet Wetter, and Holder's Butt Boy?)
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To: Army Air Corps

I don’t think we the people are going to go for this again.

Health care protests? You ain’t seen nuthin’ yet.


35 posted on 10/04/2009 2:46:15 AM PDT by bustinchops (Teddy ("The Hiccup") Kennedy - the original water-boarder)
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To: NoObamaFightForConservatives
No, real laid off worker will get but maybe $200 IF anything at all and that will be redirected to pay for their ludicrous government wasteful programs.

...and then they'll tax them out of that, so maybe they'll end up with $50.

36 posted on 10/04/2009 3:01:01 PM PDT by madison10
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To: okie01

I suppose you are right. We have to wait until 2010 to vote the bumbs out of Congress. But won’t they just cheat their way back in again?


37 posted on 10/04/2009 3:37:38 PM PDT by Wisconsinlady
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To: Gator113

I too wish Obama would do something that EVERYONE saw as nuts, but unfortunately, that would probably bring down the entire U.s. with that one stunt whatever it would be.


38 posted on 10/04/2009 3:39:26 PM PDT by Wisconsinlady
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To: mojitojoe

Did I hear right? Are they now backing off of this and blaming someone else for trial ballooning it?


39 posted on 10/04/2009 4:07:49 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: madison10

Actually no one will have a job so they won’t be able to tax us. no wait... they will still tax our personal property, all goods, cigarettes, water, carbon footprint and each flatulance that comes out of our anus. As well as huge fines for every month we don’t build solar homes and farms. A FEMA camp will seem like a gift.


40 posted on 10/04/2009 4:19:33 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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