Posted on 08/25/2011 1:45:15 PM PDT by tobyhill
President Barack Obama is finalizing a jobs package that could include a program to refurbish school buildings nationwide and tax breaks to encourage firms to hire workers.
The package, to be unveiled in early September, is Obama's chance to convince skeptical voters he can bring down the 9.1 percent unemployment rate and steer the United States away from another recession - ahead of next year's election.
More must-read stories Getty Images stock Eating in Life Inc.: Between the weak economy and the high unemployment rate, its not surprising that many people are choosing to eat at their desks rather than take a proper lunch break.
.Cadillac aims high with flashy concept car Life Inc.: A mansion for sale that gets Medieval Life Inc.: Learn from my car-buying experience ConsumerMan: BofA's and Citi's big security hole ..Critics say the president, who bailed out the auto industry and spent $860 billion to revive the economy after he took office in 2009, has few jobs-boosting options and will have a hard time getting Republicans to accept any new spending plan.
But economists and advisers familiar with his strategy say Obama will argue next month that the financial crisis was worse than anyone thought at the time and say more stimulus is needed to make any real dent in the unemployment rate.
The details are still being discussed during the president's annual vacation in Martha's Vineyard, White House spokesman Josh Earnest said.
But the broad contours of the jobs package are quickly coming into focus.
The president is widely expected to repeat his calls for an extension of a payroll tax cut, push for patent reform and bilateral free trade deals, and suggest an infrastructure bank to upgrade the country's roads, airports and other facilities.
(Excerpt) Read more at msnbc.msn.com ...
Hire more federal government workers “of color.” After all, the taxpayers will be paying to buy those votes for him in next year’s election.
I believe that whatever Obama comes up with will involve the Government laying out the money for it.
This will only increase the debt and not be a long term solution for the problem.
What we need is private companies and investers hiring again.
The repeal of Obama care and the repeal of useless EO’s and regulations by the EPA and other agencies will do that.
But that won’t happen with this guy, he isn’t smart enough to figure out the problem, or else he doesn’t care.
*** Hire more federal government workers of color. ***
Reparations.
************************************************************
And of course, from the 1980 election, this classic......
Q: Did you hear about Reagan's plan for more minority job opportunities?
A; Sure did. Next year we're gonna have 50,000 teams in the NBA..
0bambi Divots on jobs
As in 0bama is going to foc-all-of-us?
His MAJOR speech on jobs and the economy is going to be, "We just didn't know how bad it was and we need to spend more?"
How flipping brain dead can he be?
This is just more Keynesian crap that won’t work and will drive the debt even deeper.
definition of insanity
It’s DOA, but thats what he’ll run on. Good Luck with that , Obozo.
All spending bills must originate in the U.S. House. The last time I looked, the R’s (not the D’s) control the U.S. House. Will he be able to get a lavish spending bill out of the House and into the Senate?
That is the communist plan of action.
It was the Communist plan in 1934. It is 0bamas Communist plan today.
It's NOT a tax cut. It's a tax holiday borrowing from Social Security. Those dollars must be replaced with general tax revenues under law. It's also all employee-side, not lowering the cost of hiring for employers at all.
push for patent reform
Switching from first-to-invent, as we've always had, to first-to-file harms entrepreneurs and small businesses.
bilateral free trade deals
Negotiated during the Bush years and having languished in Reid's do-nothing-Senate.
an infrastructure bank to upgrade the country's roads, airports and other facilities.
A Kerry boondoggle. Where's the money going to come from? What does this offer other than yet another bureaucracy with ample opportunities for waste, fraud, abuse and control? No doubt there will be a mechanism for money to be "borrowed" to spend elsewhere just like happens at the state level or with the trust funds.
The terms "jobs package" and "jobs bill" are misnomers.
That’s been the rumor all along that all spendinghas to go through Congress, but Obama gives a few Billion here and another Few Billion there, and it seems unstoppable the amounts he is spending.
He makes his own laws so I don’t guess it is inconceivable that he spends what he likes. No one appears to be stopping him.
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