Obama's Job Plan
*Update 10/12/2011*
I may not of agreed with the job plan 100%, however I still wanted it to pass. Now Tax cuts and other cuts, also Social Security Cuts will be added into the "new" jobs plan. Republicans continue to prove time and time again, they are not willing to make sacrifices. This also proves that our government is funded by corporations for the corporations want tax cuts and this job bill was going to do away with corporate tax loop holes and subsidies.
Democrats Press Jobs Plan in Pieces After Hitting Wall
U.S. Senate Shelves Obama’s $447 Billion Job Creation Plan
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*Update 9/13/2011*
House Republicans oppose Obama's method to pay for jobs plan
This article posted by CNN explains how Obama plans to pay for his Job Plan. I do agree with how Pres. Obama plans to pay for his Job Act, I agree to an end to the tax subsidies. Why should a company be subsidized off of what they do when they are profiting greatly from it and not returning anything which benefits America? Exxon makes trillions of dollars and has been nothing but causing disasters for our land, they deserve to lose their tax subsidies. Obama's plan also includes taking away some tax breaks, which is another smart move. I've said many times in order to fix our current situation we have to do away with Corporate Tax subsidies and tax cuts; I also said get rid of corporate lobbyists, but that's never going to happen. So personally I agree to this pay plan and I also think the real reason Republicans oppose this bill is because of their Corporate Lobbyists.
There are still parts of Obama's Job Plan I do not agree too like the Georgia Works. I don't agree to the Pay Roll Tax cuts because that will effect Social Security. I do agree to bringing teachers back to schools and improving our infrastructure. However there are a lot of things in this plan that are going to take years to get done, this is not an overnight plan that's going to put people back to work right away. Some Americans will benefit from this package, but I still believe unemployment even after this plan goes through will increase.
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*Update 9/12/2011*
*Update 9/09/2011*
"Obama did not spell out exactly how he would pay for the measures contained in his nearly $450 billion American Jobs Act but said he would send his proposed specifics in a week to the new congressional supercommittee charged with finding budget savings. White House aides suggested that new deficit spending in the near-term to try to promote job creation would be paid for in the future — the "out years," in legislative jargon — but they did not specify what would be cut or what revenues they would use.Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due. Today's Congress cannot bind a later one for future spending. A future Congress could simply reverse it."-Fact-checking claims made during president's speech to joint session of Congress
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*Update 9/08/2011*
I first want to add the speech started off weird as if Americans needed to be reminded on how bad our economy has gotten, we already know what we go through. According to Obama's speech 447billion will be going towards the American Jobs Act. It includes more tax cuts/breaks to those who hire. ( remember tax cuts mean less money going to budget/debt.) This also includes a pay roll tax cut, however the money from the payroll would of gone into Social Security, according to this plan Social Security will not receive that money. So what this means is more money will be in your paycheck, but as for long term less money will be put into your Social Security. I still am at loss on how the American Jobs Act is going to be fully paid for when we are currently at 16 trillion dollars in debt. If no one is paying full taxes how is revenue going to be gained, well besides raising things like car registration, driver license renewal, traffic ticket violations etc.
As for Obama's School speech. Pa's Governor Tom Corbett cut 900million for education laying off over 4,000 teachers. How is Obama's plan going to stop cuts in education?I would rather see teachers rehired then a bunch of renovated empty schools. Truth is Obama's plan isn't going to be able to stop state budget cuts.
447billion sounds like a lot of money and it is. However if you break down all Obama wants to do for this plan, I don't think it's enough. Road work alone in one state can cost up to a million+, with getting new materials, hiring workers etc.Then in that same state your going to rebuild schools, hire teachers and education staff...also your going to revamp the transportation system and hire new workers from that? This is a farce. Don't get me wrong a job plan to motivate businesses to hire is great. I would love to see all teachers get rehired back into the school system. I don't see this plan working out for the long run.
Obama also mentioned The Georgia Works Plan, which is a scam! Basically you enroll into this program where you work full time hours no full health coverage for eight weeks and get paid less then an actual hired employee would get. Unemployment benefits would be what you get paid and of course "job training." This means the business that is enrolled into the program doesn't have to hire new people, for the government will give them workers who will be paid by the government ( unemployment). OF COURSE businesses are going to take advantage of this. This also means if someone wanted to work for the business they would miss out because their pay grade would be higher then someone on unemployment. I do think the business would rather have a free worker then one they actually have to give money too and health benefits...
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President Obama to unveil $300 billion jobs package"It's a major leadership moment for Obama," said Terry Madonna, a political scientist at Franklin and Marshall College in Lancaster, Pennsylvania. "He's running out of months before voters settle in on whether his presidency has failed. What a bold statement made by Terry Madonna. Although in my honest opinion with over 9.1% unemployed I believe there is no "settling in on whether his presidency has failed," people can tell he has failed in many ways.
How should Obama's $300 billion jobs plan be paid for?This is an article by Jack Caferty and I really love his opinion on this topic; especially this part "Apparently the cost of the roughly $300 billion will have to be offset by "tax increases in later years." It would all be part of a long-term deficit reduction plan that would include spending and entitlement cuts as well as tax increases.Translation: More empty rhetoric designed to justify more deficit government spending."
He kind of hits it on the head. In fact most of what Obama has promised is "later."Taxes have to raise that's the bottom line. Less Taxes means less money going into our deficit/debt/budgets. We are 16 trillion dollars in debt not just because of poor management spending, but also due to tax cuts and tax subsidies.
Obama broke his clean air promise, he said he wanted more green jobs last year and more regulations on air quality. That promise went nowhere when Obama's admin abandoned the stricter air rule. As for the green jobs A solar company known as Solyndra LLC of Fremont, Calif filed for bankruptcy this month and laid off over a thousand workers.
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The article titled Obama to issue new proposals on job creation, debt reduction. was posted by the Washington Post. There are a couple topics which can be pulled from this article that stands out greatly. One is the disapproval of the American people on Obama's handling of these economic times. The other is Republicans will shoot this plan down. This plan also has a sense of doing this because re-election is coming up.
It is of no surprise the American people are not happy with Obama's handling of our debt and our country. I am sure over 9.1 % of the country are not happy with Obama and those 9.1% are on the record for being unemployed. Many people have been off of unemployment for a while who still are looking for jobs. Another issue is the working homeless. There are people who have jobs, but currently can't afford the cost of living. What good is creating jobs, when those jobs can't allow a person to live a stable and healthy life?
Obama Jobs Plan Meets Early Resistance From Republicans -This article by the Huffington Post mentions Republicans disagreement with this plan. I wanted to pull out this quote from the article.
Republicans are also pushing back on Obama's plan to extend emergency unemployment benefits. Virginia Gov. Bob McDonnell (R) said on Sunday that while he would "consider" supporting the payroll tax cuts, he is less enthusiastic about unemployment insurance.
"I don't think that creates jobs," he said on CNN's "State of the Union." "It lessens the pain. The problem is we need to have things that create jobs, not just promote benefits for people that are not working."
I first want to add, that there should be a job plan in the works. Obama's plan doesn't look unfair. Republicans are shooting themselves in the foot. Instead of taking Obama's plan and providing ways to create jobs they are shooting his plan down and are also taking a shot at the unemployed. The reason for unemployment benefits is to prevent people from losing everything they have and to prevent people from living on the street or in places like Tent City, CA. There are a lot of reason people are being unemployed; besides jobs being outsourced, businesses aren't stabilizing( USPS one ex.),and some businesses lay off employees and then turn around and give pay raises to CEOs. There should be a penalty to any company which lays off people and gives pay raises to their CEOs. Republicans should never attack the American people, instead they should be turning their attention to the businesses which cost so many to lose their jobs in the first place. It is unfortunate that those businesses are also Lobbyist for many politicians.
If both parties can't come together to make a job plan, then Obama's efforts are futile. In order to get both parties on the same page the American people need to write and call their reps. If your from Virginia I would specifically send the quote above made by Gov. Bob McDonnell and ask him, what he has against hard working Americans? It is hard working Americans who have been laid off by their employers. These Americans are not bottom feeders they are people who want to work and want to make a living and currently can't do that because many politicians are preventing any form of a job plan from being made.
This whole issue just shows most politicians are not for the American people, but for themselves.
*Update 9/02/2011*
"US economy created no job growth in August, data show.First time since 1945 that government has reported net monthly job change of zero"-Click Here For Article.
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*Update 8/28/2011*I have said this many times before and I quote from my Debt Deal Made- "Be assured cuts will be made on programs people rely on, this in turn will increase the number of homeless and jobless. Spending cuts do mean job cuts."
Below is an article by the Washington Post.
The next month or so will focus on EPA regulations. House Republicans would pull back an effort to regulate coal ash in mining-heavy states that they say would hinder concrete production and cost more than 100,000 jobs.-House GOP revs up a repeal, reduce and rein-in agenda for the fall.
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