Prediction: Democrats will offer 'Targeted' tax cuts that won't be enough to put America's work force back to work
Posted on 10/18/2009 5:38:21 PM PDT by NormsRevenge
WASHINGTON – President Barack Obama is considering all options to create jobs, including another stimulus package, while trying to pull the economy out of a deep recession and deal with a record deficit, White House advisers said Sunday.
...
"You've got this huge national deficit and we've got to do what we can to bring that down. At the same time, it's important to stimulate the economy," Jarrett said. "Let's wait and see. Let's let the recovery bill do its job."
Unemployment stands at 9.8 percent, with more than 4 million jobs lost this year. The deficit has reached $1.4 trillion and the national debt $11.9 trillion.
(Excerpt) Read more at news.yahoo.com ...
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Resigning too?
This country can’t afford DemocRat anymore.
You beat me to it... Resign.
“Let’s wait and see. Let’s let the recovery bill do its job.”
1) This is an admission that it hasn’t worked.
2) It’s pretty late in the season to be saying “let’s wait and see.”
All options except...CUTTING TAXES...the one thing that would actually create jobs.
Try getting your damn fingers out of my wallet. Try NOT nationalising medical care. Try a reduction in taxes on capital gains, reducing corporate taxes and dropping the cap and tax scam.
he could hire all 6 million unemployed americans to be czars of something or other . . .
From your lips!
Is he considering getting government off the backs of
business owners? Or is that too radical for him?
"Everything is on the table" is code for "we aren't bound by our promises," and/or "tax increases are coming."
obammie is an asshole
Stop paying ridiculous pensions to teachers, postal workers etc, etc...and the deficient will go down.
FIRE CONGRESS AND GIVE US A LEGITIMATE PRESIDENT who believes in this country!!
Stalling.
FlashBack 2006: Are the Bush Tax Cuts Working?[1.4 million Jobs the Nine Months After August 2003]
http://www.freerepublic.com/focus/f-news/2364667/posts
GDP Growth [Charts at link]
In the third quarter of 2003, GDP grew at a 7.2 percent annual rate. Forecasters are expecting GDP to grow by 4.6 percent in 2004, the highest in 20 years.
2003 and 2004 economic growth levels surpassed Congressional Budget Office (CBO) estimates
^
What happened 3rd quarter 2003 before GDP grew at 7.2%:
May 28, 2003 — Jobs and Growth Tax Relief Reconciliation Act of 2003 = 108th United States Congress—Thank you Republicans
Obama should seriously consider stepping down and returning to the Chicago underworld. We’ll deal with Biden later.
Really?
How about an income tax holiday on November and December?
creating = saving the existing union jobs
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