Hold on to your wallets! President Obama is going to focus on the economy again. I wonder what this will cost us, or how many laws he’ll skirt in the process.
William Teach is underwhelmed.
Unfortunately, every time Obama focuses on the economy and job, they both go downhill. Because the guy still has no clue how either work.
Senior administration officials fear a backlash from the left and are trying to prepare their allies to expect a disappointing budget, sources say.
So, the Left is going to be upset by reduced government spending? This should show up in a Republican commercial about “spending other people’s money”. I bet if they had to more of their own paychecks, for the 41% of Democrats who actually pay federal taxes, they’d be in favor of reducing the Central Government spending. (Read More)
He was referring to an article in The Hill.
Reuters reported that Obama’s economic council had plenty of good advice on turning the economy around – Fox Nation called it a mutiny – so he’ll most likely ignore the parts that would actually work.
President Barack Obama’s jobs council called on Tuesday for a corporate tax overhaul, expanded domestic drilling and new regulatory reforms….
Obama pledged to “push as hard as possible” on their recommendations but also sought to temper expectations. “Obviously this year is an election year, and so getting Congress focused on some of these issues may be difficult,” he cautioned his Council on Jobs and Competitiveness.
Republicans, who accuse Obama of pursuing “job-killing” policies, were quick to praise the panel’s work, pointing out that their “job-creating” proposals echoed longtime Republican themes on taxes, energy and government regulations.
“With this report, President Obama’s own panel of experts has endorsed the approach to job creation House Republicans have been pursuing for more than a year,” Republican House Speaker John Boehner said in a statement.
The panel called for lowering corporate tax rates to “internationally competitive levels,” saying that would boost investment within U.S. borders, and broadening the corporate tax base by eliminating deductions and loopholes.
“The Jobs Council recommends expanding and expediting the domestic production of fossil fuels – including allowing more access to oil, gas, and coal opportunities on federal lands – while ensuring safe and responsible development of those sites,” the report said. (Read More)
He could push through approval of the Keystone XL pipeline tomorrow if he wanted to create jobs right away. But we all know he won’t. Now, if it was something that would cost the federal government a trillion bucks, and only produce a few hundred jobs, he’d be all for it.
I hate it when he focuses on something other than golf–any kind of headway takes a dive and the price of everything goes up.
Like or Dislike:
2 
0