Posted on 09/10/2011 12:56:43 PM PDT by Kaslin
“Pass this bill”, is not a rallying cry that one can run to. Obama’s big speech was not Kennedyesque, Reaganesque, or even Martin Luther Kingesque. More like a Nixonesque speech. But I don’t think Obama has a silent majority.
The last time Republicans and independents heard, “Pass this bill”, we got Obamacare. So pardon us if we really examine what the President is proposing and analyze the economic consequences of it.
It’s a $447 billion dollar monstrosity. There are tax cuts for businesses to hire. They are payroll tax cuts. There is a sunset on them, so even if you got a tax cut today, you will still have to pay more in tax tomorrow. Figure in the extra costs of employment when Obamacare kicks in and it’s still not cheap to hire anyone. I have heard more than one businessman say a $200 tax break isn’t going to make them run out and place want ads on the internet. Obama’s plan doesn’t do anything to the budget, since all the spending cuts happen years from now.
Obama calls for $55 billion in new spending to extend unemployment benefits. Economically, collecting unemployment benefits and scheming to stay on them has been correlated to extended time on the unemployment line. It sounds cold hearted, but if we end the government transfer payments it’s probable Mr/Ms Unemployed worker will get off their duff and find some gainful employment doing something somewhere.
Of course, there is stimulus. $85 billion to local and state governments who won’t spend it but will use it to shore up already beat up books to make the accounting look better to voters. $10 billion in infrastructure improvements. Obama said he would take his plan to every corner of the US. He must need to rebuild some bridges to get there.
Question: Why are states and local governments laying off teachers? Why aren’t they laying off bureaucrat paper pushers instead?
The other thing that states and local governments could do is address their pension problems. Obama said his plan is simple math. The only simple math elected officials need to look at is the net present value tables. There is a heap of debt whup ass coming due and only pension reform, along with entitlement reform will fix it.
Really this speech wasn’t exciting. It wasn’t even good political theatre. It was too long, as usual. There aren’t any groundbreaking ideas here. It’s more of the same pablum dressed up in shiny new shoes. It’s truly base thinking. Hoodwinking the American public you might say.
You might criticize Paul Ryan’s Medicare reform plan, but give him credit. He thought out of the box.
The Obama Jobs bill is just negotiating points. It’s just candy that can be distributed and fought over. Republicans ought to avoid the bait.
Obama defended collective bargaining. In a shout out to the SEIU, he and Joe Biden wore purple ties. No doubt, Obama and the Big SOB James Hoffa will rub elbows in a bar somewhere and drink some beers.
Obama defended big government tonight. Let’s hope it fails just like Custer’s last stand. He pointed out that the American people elected representatives to work for them. He said Congress is failing them.
Mr. President, in my business when things go bad, we don’t fire all the employees. We ask the CEO to resign. Maybe it’s time you consider filling out the forms for your golden parachute. The shareholders get another say in November. Perhaps you didn’t hear us last time.
What bill? They don't even have a bill.
I listened to Mark Levin and then I watched football. 0bama’s speeches suck and that is what they are just speeches.
Correct and before they pass it, it must be read first and gone through with a fine tooth comb
Pass the bill and eat your peas.....is all he’s got to say
I watched the Packers win over the Saints.
Actually Baraq was done 45 mins before kickoff. He was smart enough to realize he was up against a superior force LOL.
I watched the football game with one eye, and struggled fruitlessly and unsuccessfully for six hours to repair the OS on a Windows laptop...
I considered the evening a major, uplifting success in comparison to what I would have experienced had I watched the “speech”.
I most certainly watched football - in person at the game. What was really cool was that between the 3rd and 4th quarters, they showed a commercial of various people reciting the Pledge of Allegience (Under God included). It started with a soldier and at the end, that same solder was standing at the gravesite of a fallen comrade - whith the helmet over a rifle sticking in the ground. It started with a few cheers and at the end of that commercial, the stadium was as loud as it was on that 4th and goal play to end it. A total goosebumps moment.
Football? You Betcha!
Hey, I just heard that Buckwheat gave another boring speech last Thursday night.....Guess I was too wrapped up in the Packer game to have noticed he was speaking.
GO PACK!!!
Wisconsin? You Bettcha!
If we made DohBama do his speech in the middle of the football field while the game was going on, a lot more people would have watched it. Just like watching Nascar to see the crashes, I would have watched just to see who, how many, and how hard the hits would be.
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