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minervx
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09 Sep 2011, 2:04 pm

Deja vu. He's made numerous job speeches and numerous economic programs, every 8 months. And we still have 9+% unemployment, so I'm [rightfully] skeptical.

I agree with incentives to employ veterans, even though it was 20 months too late.



marshall
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09 Sep 2011, 2:11 pm

I anticipate accusations of "partisanship" and "class warfare" coming from the right. :roll:

I also noticed there was a raging electrical storm going on outside the Capitol Building as he was giving his speech. I'd say that symbolically fits the mood.



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09 Sep 2011, 2:21 pm

I think that Obama has many good ideas, yet he is not competent of putting this concepts into practice.


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visagrunt
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09 Sep 2011, 2:36 pm

I suspect we are seeing the 2012 campaign beginning to take shape, and the President is going to try to be the one who defines the issue.

If, as polling suggests, the US electorate's top concern has shifted from the deficit to unemployment, then the President seems to be positioning himself to be the person who can stand up and say, "I'm the one that's trying to get jobs created."

I think it's an astute strategy, and I suspect Republicans will be sorely tested to respond. I am not sure that the message, "tax cuts will create jobs" is going to resonate in the states where it counts.


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minervx
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09 Sep 2011, 2:43 pm

I think this program is wrong in numerous ways:

1. He hasn't shown the exact bill to anyone.
2. He sets it up so that whatever hes interested in is in the interests of the country and any objection is simply partisan.
3. He called it bipartisan even though it has numerous ideas (renovating roads/schools) that Republicans object to.
4. This I feel is largely political to boost his 2012 campaign, and a way to entrap Republicans who vote against it.
5. He says its paid for, though he does not explain how. He says it will be worked out in the future, but he said that numerous times before.



Fnord
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09 Sep 2011, 2:57 pm

Mostly talk; little action.



Jacoby
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09 Sep 2011, 4:58 pm

He gave a speech last night? 8O My NBC affiliate decided not air it. I don't think I missed much.



Jojoba
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09 Sep 2011, 5:42 pm

I had the impression that the President dusted off an old speech for yesterdays address. Seemed a bit desperate too. Not a good confidence builder for the economy. More of a campaign speech than anything I suppose. On the positive, was pleased to read that the President was not calling for more "green" jobs to lead us out of our nations high unemployment. Those have not exactly worked out well.

"What Was Missing from Last Night’s Speech?"

http://michellemalkin.com/2011/09/09/what-was-missing/

snippet:

Quote:
Wasn’t “green tech” supposed to be the answer for jobs? Obama side-stepping “clean energy” as an option when he needs to quickly brew up some jobs (lest he lose his) that will last at least through the next election is evidence that even he knows the notion of a “green jobs” economy is a farce. Most likely though Obama realized if he’d have touted stimulus for “green energy” on the heels of a Solyndra debacle that is deepening he’d have earned yet another chuckle.



pandabear
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09 Sep 2011, 5:44 pm

visagrunt wrote:
I suspect we are seeing the 2012 campaign beginning to take shape, and the President is going to try to be the one who defines the issue.

If, as polling suggests, the US electorate's top concern has shifted from the deficit to unemployment, then the President seems to be positioning himself to be the person who can stand up and say, "I'm the one that's trying to get jobs created."


Unemployment is at 10 percent. Which means that 90 percent of people are employed. So, most people don't really care.

And, as Dick Cheney astutely declared, "Deficits don't matter."



ruveyn
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09 Sep 2011, 6:02 pm

Too little, too late. Did you see the stock markets this afternoon (Sept 9)? They dropped 2.5 percent and gold went up to nearly 1900 dollars an ounce. It is a vote of no confidence in The Boy Prince.

ruveyn



pandabear
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09 Sep 2011, 6:06 pm

ruveyn wrote:
Too little, too late. Did you see the stock markets this afternoon (Sept 9)? They dropped 2.5 percent and gold went up to nearly 1900 dollars an ounce. It is a vote of no confidence in The Boy Prince.

ruveyn


They go up and down all the time. No big deal.



nostromo
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09 Sep 2011, 7:21 pm

I see so the plan is broadly to cut taxes, which means less govt revenue, and generate jobs (which requires more revenue). How to fund that? Just dig deeper into the dark pit of overseas debt I guess..one day it'll be paid back I'm sure :roll:

On that note, I was on a site this morning where they were talking about saving energy and all the settings were listed in Fahrenheit. Wikipedia tells me its an arcane measurement still used in the USA and..Belize. Then I find they don't use Metric system yet, along with the luminaries of Liberia and Burma. No disrespect intended, but from the outside at least to me it seems a metaphor for the USA as a whole; holding onto the past, unwilling (or perhaps unable) to change.



Helixstein
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09 Sep 2011, 9:08 pm

[quote="Fnord"]Mostly talk; little action.[/quote

Precisely what I wrote. :x


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cw10
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09 Sep 2011, 9:21 pm

pandabear wrote:
ruveyn wrote:
Too little, too late. Did you see the stock markets this afternoon (Sept 9)? They dropped 2.5 percent and gold went up to nearly 1900 dollars an ounce. It is a vote of no confidence in The Boy Prince.

ruveyn


They go up and down all the time. No big deal.


You don't understand. Gold has never been that expensive, even adjusted for inflation, and it's continuing to rise. It's literally gone up 500% in 3 years during the end of Bush's presidency (I think it went up by about 30% in the last year of Bush from about 350 to 450 an ounce) and well into Obama's presidency. It shows a weak US Dollar due to O's fiscal policies.



Inuyasha
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09 Sep 2011, 9:34 pm

minervx wrote:
I think this program is wrong in numerous ways:

1. He hasn't shown the exact bill to anyone.
2. He sets it up so that whatever hes interested in is in the interests of the country and any objection is simply partisan.
3. He called it bipartisan even though it has numerous ideas (renovating roads/schools) that Republicans object to.
4. This I feel is largely political to boost his 2012 campaign, and a way to entrap Republicans who vote against it.
5. He says its paid for, though he does not explain how. He says it will be worked out in the future, but he said that numerous times before.


1. correct
2. correct
3. I would point out that we're coming up on winter, you can't do road construction in the winter
4. correct, though I don't think it will work.
5. correct

In summary it was a partisan campaign speech that was all fluff and no substance.



pandabear
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09 Sep 2011, 9:42 pm

cw10 wrote:
pandabear wrote:
ruveyn wrote:
Too little, too late. Did you see the stock markets this afternoon (Sept 9)? They dropped 2.5 percent and gold went up to nearly 1900 dollars an ounce. It is a vote of no confidence in The Boy Prince.

ruveyn


They go up and down all the time. No big deal.


You don't understand. Gold has never been that expensive, even adjusted for inflation, and it's continuing to rise. It's literally gone up 500% in 3 years during the end of Bush's presidency (I think it went up by about 30% in the last year of Bush from about 350 to 450 an ounce) and well into Obama's presidency. It shows a weak US Dollar due to O's fiscal policies.


The same thing happened to real estate.