| business profits are part of “overhead.”
What a simpleton we have in the White House. |
Posted on 01/22/2010 8:21:53 AM PST by Cheap_Hessian
ELYRIA, OHIO -- The last time Barack Obama came to this struggling blue-collar city was during the 2008 presidential primary campaign, when he told workers at the National Gypsum drywall factory that if elected he would pursue a "job-creation agenda."
Now, as President Obama returns here Friday, the drywall plant is closed, its 58 jobs victims of a steep downturn in housing construction.
His day-long visit to the nation's withering manufacturing heartland is intended to show distressed and skeptical Americans that Obama is doing all he can to create jobs. For the president, this is an increasingly urgent mission, as the nation's anxiety around joblessness threatens to undercut his ambitious domestic agenda. There was more bad news Thursday as jobless claims unexpectedly spiked.
And a close look at Lorain County reveals the limits and unintended consequences of some of his signature policies. Those limitations underscore the difficulty even a president faces pushing against the hidden hand of the global economic marketplace.
The National Gypsum plant closed in May 2008, eight months before Obama moved into the White House. Pummeled by the housing downturn, the factory joined a decades-long exodus that has seen thousands of good jobs disappear at the heavy-manufacturing firms that once powered this region's economy.
(Excerpt) Read more at washingtonpost.com ...
What drove the Jobs out of Ohio!
Unions!, Gov regulations, EPA, OSHA, You can’t do this or your can’t do that! Pretty soon it was easier for the companies to move their plants to a much friendlier location in the South or out of America.
What Obama doesn’t get is his continuing this Democratic mission of driving further jobs from America. Card Check EFAC, Cap and Trade to name just the tip of the iceberg.
Obummer you want to get jobs rolling again in America. Stop the crap and cut taxes for corporations to get hiring again. Give business some incentive to creat jobs rather then lay off American’s. Having been in the workforce over 35 years I have never seen American business at this low point. I won’t hire new employees or buy equipment or real estate until I feel like Washington won’t create more road blocks that will destroy my business
The path to creating an investment climate that allows the private sector to create jobs is simple, less regulation, cheap energy, lower taxes. That path is anathema to Hussein and his minions. Unless the republicans get a majority of house seats and a veto proof senate, look for three more years of stagflation.
“...is intended to show...”
That’s the only important phrase in the article. With Obama, it’s all politics. Despite the fact that his policies are directly responsible for serious damage to the economy and job creation, what he wants the Post and Times to report is how his “visit to the heartland” symbolizes his solidarity with the working man. Excuse me while I throw up in my mouth.
Same with Haiti. The NYT has a minute-by-minute covering of the presidential ass to “prove” how on top of the game Obama was in his response. Does it matter that in the end his response was just as ineffectual as the democrat-inhibited response to Katrina? No, it just matters that he is “trying”. What a disgrace.
I dreamed last night that Obama gave Clinton’s ‘the era of big government is over’ speech.
Can Obama be converted to a supply sider? I can only hope.
But hey!!! Beating up on banks is sure to create thousands of jobs.
The most economically illiterate man to ever occupy the Oval Office and we’ll be damned lucky to live through it.
This juvenile has never has met a payroll or created a single job in his life. He has the gall to tell us, the American people, in a Joint Session to Congress, that business profits are part of “overhead.”
Clueless.
No, he cannot embrace anything remotely related to the free market, he is a rigid ideologue - and letting the Bush tax cuts expire is going to make a bad situation worse.
And he doesn't know anyone who has any idea how jobs are created. Less than 8% of his multitude of czars and appointees has ever worked in the private sector.
| business profits are part of “overhead.”
What a simpleton we have in the White House. |
And one more thing he seems incapable of understanding...inject stability into the markets instead of uncertainty.
All that said, my personal economic suggestion to Obama (one that I know he can understand) is "subsidize the expansion of arugula farming all over America!!!"
Windmills Golf Carts and Caulking guns are not going to cut it.
A simple Communist. He has no idea what a job is.
My recollection is that Clinton's statement of "the era of big government is over" was following by his list of a bunch of proposed new government programs and nanny-state limitations.
"The era of big government is over" was just the soundbite, intended to distract from everything else in the speech.
“Cloward & Pivin”
When it’s cheaper to ship a low-priced, heavy item like drywall halfway across the planet fron China, than it is to make it here, HELLO HOUSTON, we might have a problem...
That was Vincent Reinhart's point on Kudlow yesterday. Look at all the lingering questions we are left with after this most recent attack on banks. What about Freddie and Fannie? Didn't bad loans and Fed policies create this crisis? FDIC allows banks to take larger risks, why not fix that? How will Congress change this policy? When will it take effect? Will this hurt our global competitiveness?
He's sloppy because he doesn't understand the hunger among business owners and investors for stability. At this point, I wonder if Volcker appreciates how important it is.
This is a perfect example of why the presidency ain't the place for on-the-job training. The effects of its actions and missteps are much to far-reaching and complex.
Unfortunately, he and his cabinet actually do have a clue and they're deliberately stalling a natural recovery while piling on a debt load that will surly sink our system, then will blame it on the system, leveraging the crisis to do all of his magic "transforming" by fiat and czars. That's the plan. We're here to expose and stop the national / international takeover.
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So are all the accounting jobs, the HR jobs, the sales jobs, the marketing jobs, the engineering jobs, the jobs constructing commercial real estate, whatever jobs at the utility companies go towards servicing commercial firms, and many many more.