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Obama Stimulus: $1 Trillion, 600,000 Government Jobs and Few Media Questions
businessandmedia.org ^ | January 7, 2009 | Jeff Poor

Posted on 01/07/2009 2:18:00 PM PST by Rufus2007

The words “economic stimulus” have a certain appeal to them because, after all, who wouldn’t want the U.S. economy to be stimulated?

But, as the country is nearing his inauguration on Jan. 20 and the inevitability of President Barack Obama’s stimulus project looms, many in the news media have neglected to determine the who, what, when, where, why and how much aspects of the stimulus.

Even before Obama is able to sign a economic stimulus package into law, as most are expecting, the Congressional Budget Office is reportedly expecting a $1 trillion deficit, more than double what it had forecasted in September, according to an article in the Jan. 7 Wall Street Journal.

...more (w/video)...

(Excerpt) Read more at businessandmedia.org ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 111th; atlaspuked; bailout; bho2008; bhostimulus; moneylist; obama; obamatransitionfile; stimulus
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$1 trillion, 3 million jobs. Limbaugh said there'd be a draft to make this possible.
1 posted on 01/07/2009 2:18:02 PM PST by Rufus2007
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To: Rufus2007

As Limbaugh pointed out, tax cut - “How are we going to pay for it?”


2 posted on 01/07/2009 2:21:48 PM PST by Enterprise (No Presidency for illegal aliens from Kenya.)
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To: Rufus2007

Yopper... Nothing to see here... move along.....


3 posted on 01/07/2009 2:22:17 PM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: Rufus2007
$1 trillion, 3 million jobs. Limbaugh said there'd be a draft to make this possible.

He also pointed out that those 3 million jobs will cost $333,333 each!

4 posted on 01/07/2009 2:22:40 PM PST by econjack (Some people are as dumb as soup.)
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To: econjack

Where can I apply for one of those jobs...lol


5 posted on 01/07/2009 2:23:21 PM PST by DonaldC
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To: Rufus2007

The U.S. economy is NOT stimulated by stealing money from the people who create jobs. When the government steals money from corporations and “the rich”, they are destroying the incentive and the means for job creation.
Public works projects and government hand outs may feed the poorest among us, but they do NOT “stimulate” the economy.


6 posted on 01/07/2009 2:23:54 PM PST by G Larry (BarackÂ’s character has been molded by extremists)
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To: Rufus2007

I want pie - where do I apply?


7 posted on 01/07/2009 2:24:21 PM PST by Old Sarge (For the first time in my life, I am ashamed to be an American)
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To: Enterprise

It’s a tax cut for people who don’t pay taxes.

More redistribution, in other words.


8 posted on 01/07/2009 2:25:06 PM PST by MeanWestTexan (Beware Obama's Reichstag fire.)
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To: Rufus2007

People don’t care, they just want their fiat money to spend on more crap and six months later will be broke again.


9 posted on 01/07/2009 2:25:17 PM PST by Extremely Extreme Extremist
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To: Enterprise
As Limbaugh pointed out, tax cut - “How are we going to pay for it?”

The Magic Negro will clap his hands and Manna from heaven will rain o'er His chillen.

10 posted on 01/07/2009 2:26:04 PM PST by freedumb2003 (Der neuen Fuhrer: AKA the Murdering Messiah: Keep your powder dry, folks)
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To: freedumb2003

I don’t want manna. I want fried chicken.


11 posted on 01/07/2009 2:28:06 PM PST by Enterprise (No Presidency for illegal aliens from Kenya.)
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To: freedumb2003

if the republicans do not oppose this spending bill, they’re finish. The media is trying to sale obama’s plan to the republicans politicans, by saying it includes tax cuts and republicns love that. If you take with one hand and spend even more with another, then thats not a tax cut. This is a huge spending bill


12 posted on 01/07/2009 2:28:58 PM PST by 4rcane
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To: Rufus2007

Of course there are few questions from the media—lots of them will need those government jobs—they want to be in line with their hands out first.


13 posted on 01/07/2009 2:29:01 PM PST by freeangel ( (free speech is only good until someone else doesn't like what you say))
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To: Rufus2007
Obama will have the same problem as Bush. Government bailouts are but a stopgap. All government dollar bailouts do is to export this money to the rest of the world. There will be no long-range recovery until we again become a producer nation. Deficit trade deals put us into this mess and perpetuating a consumer nation will keep us there.
14 posted on 01/07/2009 2:29:32 PM PST by ex-snook ("But above all things, truth beareth away the victory.")
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To: ex-snook

“Obama will have the same problem as Bush. Government bailouts are but a stopgap. All government dollar bailouts do is to export this money to the rest of the world. There will be no long-range recovery until we again become a producer nation. Deficit trade deals put us into this mess and perpetuating a consumer nation will keep us there.”

Bingo!!!


15 posted on 01/07/2009 2:32:30 PM PST by DonaldC
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To: freeangel
Of course there are few questions from the media...

Those who think they have all the answers, prove they don't even have the right questions!

16 posted on 01/07/2009 2:34:38 PM PST by lonestar
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Comment #17 Removed by Moderator

To: Rufus2007
Has anyone actually seen this plan???
18 posted on 01/07/2009 2:36:21 PM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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To: Old Sarge
I want pie - where do I apply?

A free pony for me!

19 posted on 01/07/2009 2:36:51 PM PST by Graybeard58
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To: Graybeard58

With the pasifist Pennetta in, the Islamists must be feeling great by now. They will be able to hit us again both physically, mentally and eventually financially by devaluing our currency under the print mo munny now plan.


20 posted on 01/07/2009 2:44:07 PM PST by mriguy67
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