Obama to "lobby" public on stimulus

seven.sixtwo

Inactive
http://money.cnn.com/2009/01/08/news/economy/obama_stim/index.htm?postversion=2009010808

WASHINGTON (CNN) -- President-elect Barack Obama will call on Congress Thursday to move quickly on his economic aid package once he takes office, warning that a failure to do so would have devastating long-term consequences for the nation.

"I don't believe it's too late to change course, but it will be if we don't take dramatic action as soon as possible," Obama will say in a speech on the economy, according to excerpts of his remarks provided to CNN by a transition official. "If nothing is done, this recession could linger for years."

Obama, who takes office on Jan. 20, will also address critics, who oppose such a massive spending plan by the federal government.

"It is true that we cannot depend on government alone to create jobs or long-term growth, but at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe," Obama is expected to say at the late morning speech to be delivered at George Mason University in Virginia.

According to two aides, Obama will not use the speech to put a pricetag on his proposal, which he calls the American Recovery and Reinvestment Plan.

Obama has publicly said he plans to propose massive spending and tax cuts to revive the economy, which has been mired in recession for more than a year.

Earlier this week, Obama met with congressional leaders from both parties to push for his plan.

Obama will propose roughly $300 billion in tax cuts for individuals and businesses. He has has suggested the overall size of the package will be about $775 billion, 40% of which would be in tax cuts.

In addition to tax cuts, Obama has said his said he will propose to double renewable energy production and make public buildings more energy efficient; rebuild crumbling roads, bridges and schools; computerize the health care system; and modernize classrooms, labs and libraries.

he knows the public is sick of spending, but he will do it anyway, so what's the sense of lobbying us? we already know the first one did NOT work, how will spending more then the first make it better?
 

RobinYyes

Deceased
Jimmah Carter part deux?

and....like all sequels, this one sucks and will fail in the boxoffice.

I give it two thumbs down.....


Oh yea, and I told you so. :shr:
 

Harbinger

Veteran Member
Actually, in his infinite wisdom, he understands that the only hope is to borrow ourselves out of debt.

No! The only hope this country has.... is to get the corporate company's back up and running!` Bring our company's; from over seas, back here to the U.S. The more jobs we can provide; and not through the govt and their creating more jobs out of increase taxes, but, through private businesses the faster we'll get out of this mess that the govt. is making!

Oh! Who am I kidding! So few really pay attention to the truth and what's really going on.



:shk:
 

someone

Inactive
did you get your stimulus check this past spring?

you mean the penny's from heaven? i can piss $1200.00


ur funny.... who says it didn't work? how do you know that if the stimulus was not handed out that we would have seen a worse unraveling?

you don't.
 

Oilpatch Hand

3-Bomb General, TB2K Army
No! The only hope this country has.... is to get the corporate company's back up and running!` Bring our company's; from over seas, back here to the U.S. The more jobs we can provide; and not through the govt and their creating more jobs out of increase taxes, but, through private businesses the faster we'll get out of this mess that the govt. is making!

Oh! Who am I kidding! So few really pay attention to the truth and what's really going on.



:shk:

I don't know about that sort of plan, frankly. A large percentage of the jobs that have disappeared in the past 40 years are in those dirty, stinky, polluting industries such as basic steel, manufacturing, oil/chemical refining, etc. They were high-paying, high value-added occupations, but they were in "dirty," undesirable industries. In today's environment of green eco-friendliness, we simply choose to send those industries abroad, because the EPA told us it was a good idea. We were able to clean up our environment, and other countries got the high-value added jobs. Everybody's a winner.

So, we have clean air and water now, but like everything else in life, both came at a cost. I'm sure everyone will agree, however, that the trade-off was well worth it. :lol:
 

Harbinger

Veteran Member
Yeah! A good trade off indeed...economy...cleaner air...scam :hmm: Hmmm....economy cleaner air scam....:hmm: Decisions! Decisions! Decisions!

:lkick:

Wait minute! They are all ready gonna tax Cow farts....does that mean we will have to eventually get rid of them too (ship them over seas), for cleaner air !

:shr:

:lkick:
 

seven.sixtwo

Inactive
you mean the penny's from heaven? i can piss $1200.00


ur funny.... who says it didn't work? how do you know that if the stimulus was not handed out that we would have seen a worse unraveling?

you don't.

with a welfare check, you probably could!
 

kozanne

Inactive
you mean the penny's from heaven? i can piss $1200.00

ur funny.... who says it didn't work? how do you know that if the stimulus was not handed out that we would have seen a worse unraveling?

you don't.

Oh how nice for you....
 

Fisher

Has No Life - Lives on TB
I don't know about that sort of plan, frankly. A large percentage of the jobs that have disappeared in the past 40 years are in those dirty, stinky, polluting industries such as basic steel, manufacturing, oil/chemical refining, etc. They were high-paying, high value-added occupations, but they were in "dirty," undesirable industries. In today's environment of green eco-friendliness, we simply choose to send those industries abroad, because the EPA told us it was a good idea. We were able to clean up our environment, and other countries got the high-value added jobs. Everybody's a winner.

So, we have clean air and water now, but like everything else in life, both came at a cost. I'm sure everyone will agree, however, that the trade-off was well worth it. :lol:

I remember listening to a politician a few years ago. She said we dont need those kinds of jobs anymore. Our children can all be Doctors and Lawyers.

What a bunch of idiots.
 

Grantbo

Membership Revoked
Soon we will have the obamma depression. You dirty liberals will have distroyed what's left of this once great country. Good going. ;)
 

Martin

Deceased
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