Posted on 06/09/2008 9:07:47 PM PDT by writer33
NEW YORK (CNNMoney.com) -- On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday that lawmakers should inject another $50 billion immediately into the sluggish U.S. economy.
The presumptive Democratic presidential nominee cited the largest monthly increase in the unemployment rate in over 20 years, and record highs in oil prices, food prices and foreclosures.
(Excerpt) Read more at money.cnn.com ...
Oh, rats! Osamabama's not proposing that, is he? My bad.
Sounds like a left-handed tax cut. Is Obama running to be Bush III? lol
“Every one of my friends in the Engineering School had multiple offers from different employers. Every one of them is earning over $60K plus benefits.”
That’s great news. Love to hear it. Perhaps, and with any luck more students will choose Engineering in this country to reduce, or stop entirely the headhunting for Engineers in India, Asia, and other foreign countries prevelant over the last fifteen or twenty years.
Meanwhile the other students not choosing that high demand Engineering career are out there looking for work, thus pumping up the unemployed American numbers as they always do this time of year. I’m not saying that in itself is a bad thing, just that the Leftist Barry O’s types are using the annual event to claim in their campaigns that Bush’s tax cut economy is a failure, and raising everyones taxes through the roof is what will correct the problem.
It’s BS.
School is out, for crying out loud. Of course there are oodles of job seekers.
Osama wants a $50 billion TAX CUT??? Give back our taxes?? WOW!!! We got our little government donation of our tax money paid, back yesterday. We plan to fill up the gas tanks of both vehicles and maybe go out to a burger joint and eat out on the remainder of the $1500!
And pay for it how?
Yup. WE get back our already paid in tax money, they then tax us again on it next tax time. So you wind up paying taxes on that tax twice.
Look at the past 10 years and there is no similar increase in unemployment between April and May. I'm not sure why there was the sudden jump but school being out wasn't the reason.
George Bernard Shaw actually.
Buying the votes of people who shouldn’t vote. It is just the modern day equivalent of bread and circuses.
Not to you, to the “less fortunate.”
All the rich people in the country don’t have enough money collectively to pay for Obomba’s vote buying schemes.
But I will gladly empty out my accounts and send everything to Obomba, because I just want to help.
Obama says he would impose oil windfall profits tax
Yahoo
Posted on 06/09/2008 10:50:12 AM PDT by Sub-Driver
http://www.freerepublic.com/focus/f-news/2028390/posts
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