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Obama to unveil economic plan in September speech
Reuters ^ | 8-17-11 | Laura MacInnis

Posted on 08/17/2011 9:24:23 AM PDT by Justaham

The White House on Wednesday said President Barack Obama would unveil fresh ideas to jump-start the economy and cut deficits, but details offered so far appeared to be a compilation of old proposals.

Obama faces serious doubts among Americans about his economic leadership and is now trying to convince skeptical voters and Wall Street that he has a workable plan to keep the United States from dipping back into recession.

The White House said Obama will give a speech after the September 5 Labor Day holiday to outline measures to boost hiring and find budget savings that surpass the $1.5 trillion goal of a new congressional deficit-cutting committee.

According to senior administration officials, Obama will renew his call for Congress to extend a payroll tax cut -- a measure the White House says would encourage business to increase hiring but that economists say is likely to make little difference to an economy that is struggling.

The officials said Obama's plan also includes new ideas to accelerate job growth in the short term. The national unemployment rate is stuck above 9 percent, a major impediment to Obama's chances for re-election next year.

The official also said the growth package would include a mix of tax cuts and infrastructure spending as well as some measure targeted at the long-term unemployed. That would likely be a training and education plan.

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


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bhoeconomy; bhofascism; chicongo; economicplan; obama; obamadepression
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1 posted on 08/17/2011 9:24:28 AM PDT by Justaham
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To: Justaham

What gets me is why wait until Sept? I know vacations, yet if they took it seriously?


2 posted on 08/17/2011 9:26:35 AM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: Justaham

Probably another stimulus.


3 posted on 08/17/2011 9:28:42 AM PDT by Know et al
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To: ColdOne

It says right up front that so far it’s just the same old tired stuff. He hasn’t got anything. He’s just stringing people along (but fewer and fewer are falling for it.)


4 posted on 08/17/2011 9:28:58 AM PDT by Liberty1970 (Laws demand a Lawgiver)
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To: ColdOne

The guy is a pant load.


5 posted on 08/17/2011 9:34:06 AM PDT by boomop1
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To: ColdOne
...is now trying to convince skeptical voters and Wall Street that he has a workable plan

Silly Obama...HOPE IS NOT A 'PLAN'

6 posted on 08/17/2011 9:35:18 AM PDT by NorCoGOP (Obama's approval ratings: so low that Kenyans now accuse him of being born in the USA)
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To: NorCoGOP

The only HOPE is for when he is out of office.


7 posted on 08/17/2011 9:36:03 AM PDT by Boardwalk
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To: Justaham

"We have a plan. And the plan is that the plan will be a plan that you can plan on and plan for.

My plan is a good plan, it's a sound plan, it's a plan that will work.

What I plan to do with my plan is to give the American people the ability to plan their futures because of the plan that I have put in place, a plan that we plan to give people the ability to plan for a peace and prosperity.

No other plan does this, and no plan of my colleagues across the aisle does this. I plan to implement this plan and make this plan a plan you can plan on even if my opposition plans to oppose it. I will do this because it is a plan that will work.

That is the plan folks.

8 posted on 08/17/2011 9:37:20 AM PDT by Free Vulcan (Obama/Biden '12: No hope and chump change.)
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To: ColdOne

It’ll take him that long to come up with one!


9 posted on 08/17/2011 9:38:41 AM PDT by Spirit of Liberty
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To: ColdOne
why wait until Sept?

It needs the correct atmosphere to unveil the plan.

For example, needs the crisis - we will all perish unless the plan is adopted. Don't want to ramp up the crisis till after martha's vineyard.

Also, the timing is crucial. When the crisis is ramped up to MAX, need to have the legislation waiting in the wings, with no time to read it, and no time for the press, public, tea-party, whomever, to see it. But, just enough time to give a small handout of its highlights (ie: talking points) to leaders.

Any bets on how many pages the corresponding legislation bill be? Choose:

A. 2500 pages.

B. 5000 pages.

C. 7500 pages.

D. 10,000 pages.

E. Sum of the above. F. Mathematical Product of the above.

10 posted on 08/17/2011 9:42:16 AM PDT by C210N (0bama, Making the US safe for Global Marxism)
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To: Justaham

Remember when the lib writers wanted to make Obama president in December 2008 rather than wait until inauguration day. In their minds, we just had to move on to the next stage since the work needed to begin to fix the problems with the new leadership.

I think we need to propose the same now. We just need to have Obama and his team move out now, and put another team in place. no need to wait 18 months of the same. We are at the point where there needs to be a national voice of ‘no confidence’ and move on in a different direction.


11 posted on 08/17/2011 9:43:30 AM PDT by ilgipper
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To: Bloody Sam Roberts

Remember how I used to tell the kids, “remember not having a plan IS a plan to do nothing” :) /sarc


12 posted on 08/17/2011 9:46:11 AM PDT by Mrs. B.S. Roberts
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To: Justaham

Ooooooh! ANOTHER SPEECH! Americans are soooooo excited!

The question is: will the networks, their noses STILL brown from burying their noses DEEP in Hussein’s backside, decide to give him another campaign commercial?


13 posted on 08/17/2011 9:49:01 AM PDT by Recovering_Democrat
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To: C210N

G. Zero pages. Hussein NEVER provides specific legislative language. He only provides platitudes and bull crap SPEECHES.


14 posted on 08/17/2011 9:52:43 AM PDT by Recovering_Democrat
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To: Justaham

His plan = snow job.


15 posted on 08/17/2011 9:53:55 AM PDT by F.J. Mitchell (Yes Palin CAN whup the Obamanable snowman!)
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To: ColdOne
. . . why wait until Sept?. . . .

PRIORITIES

I think it is difficult for us to appreciate how important soft-serve is to this TOTUS.

16 posted on 08/17/2011 10:14:25 AM PDT by skeptoid (The road to serfdom is being paved by RINO's, and Lisa Murkowski is their mascot.)
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To: Justaham

A “major speech” on labor day?? ya that’s the ticket, who’s going to be watching


17 posted on 08/17/2011 10:20:42 AM PDT by markman46 (engage brain before using keyboard!!!)
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To: ColdOne
why wait until Sept?

He needed to study golf and other aspects of living above his paygrade for about a thousand days, first.

18 posted on 08/17/2011 10:20:57 AM PDT by Lady Lucky
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To: Justaham

Shouldn’t it be re-re-re-re- unveils?


19 posted on 08/17/2011 10:48:21 AM PDT by 1010RD (First, Do No Harm)
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To: Justaham

is he smoking crack again?
this is to funny
i thought he might lose 45 states, but i think he wants to lose all 50.


20 posted on 08/17/2011 11:07:17 AM PDT by genghis
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