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Obama Warns of Threats to Thousands of Jobs
Arutz Sheva ^ | 9/2/13

Posted on 02/09/2013 1:29:01 PM PST by Eleutheria5

US President Barack Obama urged Congress Saturday to find a balanced approach to deficit reduction, warning that steep budget cuts known as "the sequester" would hurt the economy and threaten thousands of American jobs.

"If the sequester is allowed to go forward, thousands of Americans who work in fields like national security, education or clean energy are likely to be laid off," Obama said in his weekly radio and Internet address, AFP reported.

"All our economic progress could be put at risk," he added.

The cuts, which are due to take effect on March 1, would also affect US military readiness, said the president.

"As our military leaders have made clear, changes like this affect our ability to respond to threats in an unstable part of the world," Obama pointed out.

The sequester was agreed by the president and Congress in 2011 to be so punishing that it would force Washington's warring political factions to forge an agreement on a way to cut the US budget deficit.

But amid partisan gridlock, no agreement on cutting the deficit has been reached and cuts due in March will slash defense spending by $55 billion and non-defense discretionary spending by $27 billion this year.

.....

(Excerpt) Read more at israelnationalnews.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; Government
KEYWORDS: budget; jobs; obama; thousands
Instead, raise taxes to keep the federal giant in magic hens and harps. That way, it'll only cost thousands of private sector jobs.
1 posted on 02/09/2013 1:29:15 PM PST by Eleutheria5
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To: Eleutheria5

I am tired of this guy leading us into muddy waters, then warning us that it is our fault if we do this-or-that. His stuff don’t stink. We are the unwashed, unloved commoners that he has trouble relating to.

All hail the King!


2 posted on 02/09/2013 1:35:51 PM PST by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: Eleutheria5

I hate to see the President begging for bread.


3 posted on 02/09/2013 1:36:14 PM PST by shineon
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To: USMCPOP

Perhaps he should do as King Joffrey in GRRM’s masterpiece: Shoot a few peasants and give the rest leave to eat their dead.


4 posted on 02/09/2013 1:41:32 PM PST by Eleutheria5 (End the occupation. Annex today.)
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To: Eleutheria5

“...the sequester” would hurt the economy and threaten thousands of American jobs.”

Even yours, dear leader? Just let them eat cake, they’ll be fine after that.


5 posted on 02/09/2013 1:41:58 PM PST by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: USMCPOP
This stupid ass m’fer couldn't grab his own butt with both hands. He has screwed up everything thing he's touched and then turns around and blames someone else. If there was ever ANYTHING this narcissistic prick had as a positive attribute it ran down his old mans leg.
6 posted on 02/09/2013 1:44:46 PM PST by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: Eleutheria5
"All our economic progress could be put at risk," he added.

Wait ... there's been economic progress?

7 posted on 02/09/2013 1:51:04 PM PST by ClearCase_guy (Nothing will change until after the war.)
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To: Eleutheria5
US President Barack Obama urged Congress Saturday to find a balanced approach to deficit reduction

He wants more taxes and our 401ks and pensions.

8 posted on 02/09/2013 1:51:35 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: ClearCase_guy

He said there was during the campaign. The election over, he has to have some way to deflect blame for the fact that it was illusory.


9 posted on 02/09/2013 1:53:35 PM PST by Eleutheria5 (End the occupation. Annex today.)
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To: Eleutheria5

The Democrats and THE POLITICS OF FEAR.


10 posted on 02/09/2013 2:00:39 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Eleutheria5

Its his damned Sequester. Let him eat it!!!


11 posted on 02/09/2013 2:01:34 PM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Eleutheria5; mickie; ExTexasRedhead
"Obama Warns of Threats to Thousands of Jobs."

When is the GOP leadership and the MSM going to warn us that it's OBAMA who is the threat to millions of jobs???

Here, Obama is using his usual Teflon tactic which has served him so well since he was immaculated....and the gutless Republicans and the traitorous media let him get away with it every time.

Leni

12 posted on 02/09/2013 2:02:06 PM PST by MinuteGal
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To: USMCPOP
Exactly.

Obama's Economy SUCKS

And yet he blames Republicans whenever they do not bow down to him. It's HIS economy.

The $800 billion bailout was supposed to save the economy with shovel-ready jobs.

ObamaCare was supposed to create hundreds of thousands of jobs.

Billions to Solyndra types

Failure to act on Keystone

Obama is a disaster and the economy is still in the dumps and yet the corrupt MSM continues to let Obama skate and pass the buck.

13 posted on 02/09/2013 2:03:29 PM PST by Obadiah (We must commit to remove every Senate Blue-dog Democrat from office in 2014!)
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To: WKUHilltopper

It was his idea, and he signed it.

WTF is he crying about?

Let the Sequester go through, sure it’s going to hurt, but so is bankruptcy and Hyper-inflation, and Obamacare.


14 posted on 02/09/2013 2:03:35 PM PST by Venturer
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To: Eleutheria5

“Balanced approach” has become the new “shovel ready projects”; it’s the intentionally deceiving phrase that they put in front of EVERYTHING these days.


15 posted on 02/09/2013 2:05:02 PM PST by JohnBrowdie (http://forum.stink-eye.net)
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To: MinuteGal

Obama is John Gotti without the personality.


16 posted on 02/09/2013 2:06:50 PM PST by EQAndyBuzz (I own a weapon to protect my family from those wanting to take that weapon away.)
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To: jmacusa

“...This stupid ass m’fer couldn’t grab his own butt with both hands...”

Obviously not, as he has one hand on his schlong and is diddling someone else with the other. But nowhere in the annals of government does it say you have to have both hands on the handlebars.


17 posted on 02/09/2013 2:10:31 PM PST by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: Venturer
It was his idea, and he signed it.

You know that, and I know that, but he has the sheeple convinced this is all the fault of the mean, evil Republicans. The Republicans need to take a page out of the Democratic playbook and start delivering a consistent message that drives home the point that this is Obama's doing, not theirs. Every Republican lawmaker, in every interview they conduct, should start referring to this not simply as "sequester" but rather as "Obama's Sequester."

18 posted on 02/09/2013 2:14:02 PM PST by GreenHornet
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To: Eleutheria5

The best thing that could happen is that thousands of government jobs would be lost. Computers now make direct deposits of Social Security checks, so who would notice?


19 posted on 02/09/2013 2:16:51 PM PST by txrefugee
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To: MinuteGal

Right on, Leni: it was The Won who actually proposed and initiated the sequestration provision. How convenient that he forgets that.

TC


20 posted on 02/09/2013 2:19:40 PM PST by Pentagon Leatherneck
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To: Eleutheria5

“All our economic progress could be put at risk,” he added.

What a joke - there hasn’t BEEN any ‘economic progress.’

Just more horse sh*t from our ineligible, unqualified, idiot president.

But, hey, the Blacks and Hispanics love him even if he IS a Kenyan Indonesian Moslem intent on the destruction of the United States.


21 posted on 02/09/2013 3:13:47 PM PST by Jack Hammer
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To: Jack Hammer

But there HAS been ‘economic progress’. Government is bigger than ever. More people are on the dole. To Obiwana Kenyanbe, that IS progress. May the farce be with you.


22 posted on 02/09/2013 3:19:32 PM PST by Eleutheria5 (End the occupation. Annex today.)
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To: jmacusa

Come on jmacusa,
Don’t hold back any,
Tell us how you REALLY feel about the magic negro??


23 posted on 02/09/2013 3:22:50 PM PST by Joe Boucher ((fubo))
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To: USMCPOP
O’dumbo is the biggest threat to the economy. He raises taxes, pushes o'dumbocare, creates mountains of worthless regulations and runs trillion dollar deficits. Then he agrees with this sequester and complains about how destructive his plan would be. He claims it will undue all the economic progress we've made over the past few years. We might have made progress but it's progressing toward bankruptcy and civil war.
24 posted on 02/09/2013 3:28:13 PM PST by peeps36 (America is being destroyed by filthy traitors in the political establishment)
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To: Eleutheria5

What “economic progress” is the Won referring to? HE is the biggest threat to jobs.


25 posted on 02/09/2013 3:30:55 PM PST by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Joe Boucher

Love to but it’d get me bounced!


26 posted on 02/09/2013 3:37:58 PM PST by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: Eleutheria5

Easy fix Bammy, approve Keystone.

Unless of course your just a whinin cause you have run out of money again. I figure you don’t really care about jobs, just money.


27 posted on 02/09/2013 4:52:09 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: Eleutheria5

Well it was his idea.


28 posted on 02/09/2013 5:22:01 PM PST by ully2
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To: Eleutheria5

Translation: I asked for it. I signed it into law. Now I need the other side to save my bacon so I’ll vilify them for giving me what I insisted on.


29 posted on 02/10/2013 4:22:44 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: Eleutheria5

Hey Obama. You asked for it, you got it. Sequestration.


30 posted on 02/10/2013 4:54:16 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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