Glenn comes to the same conclusions about the socialist jobs summit and the decline in unemployment that my smart readers have come to. Namely, small business was shut out of the meetings, and 11,000 jobs lost is STILL 11,000 Americans that are no longer working. I am sure that when the Apollo Alliance writes Stimulus 3.0, they will make sure nobody else loses their job, right?
Anybody surprised? Also, anybody surprised that this is going on during Ben Bernanke’s hearings (live streaming coverage) to retain his cushy job running the private banking cartel known as The Federal Reserve System?
I just learned on Beck that the Chamber represents companies that employ 115 MILLION AMERICANS. How’s that for transparency and inclusion? The Jobs Summit is a photo op and more snake oil for the masses.
No, no, no, no,….they kept saying. Nope, we aren’t doing another stimulus package, we are just doing some job creation. No, no, no….that first (dem) $787 Billion is not actually $3.27 TRILLION. No, no, no….we aren’t even thinking about more stimulus, just a neat, little, tidy jobs bill. Yes, we know we started writing our second stimulus bill back in March, but we did not think you were watching. Why ever are you paying such close attention? Are you a domestic terrorist? Do we need to put your ass on a watch list? You want us to do what? Answer our phones? What is the country coming to when we take calls from our constituents?
We are the Democrats and we are here to say “Yes, We Can!” save America from itself, and you know we would never lie to you, the American people.
So here we are on the brink of losing even more American wealth pennies and nickels (which was the plan all along), with the congress being pushed by the Treasury (Turbo Tax Timmie) to raise the country’s credit card limitraise the debt ceiling to something over the current $12 Trillion, China concerned with our unsustainable debt, more jobs continuing to be lost because the government saved the banks and not the small businesses who did the work and earned the money to put in the banks, and Obama’s numbers are tanking because of the ‘job-free recovery’, AND THEY ARE GOING TO RACK UP THE CREDIT CARD EVEN MORE? What happens when The Fed raises interest rates?
WASHINGTON (CNN) — House Democratic aides denied Wednesday that work is already underway on a second stimulus package.
On Tuesday House Speaker Nancy Pelosi suggested more stimulus spending might be needed.
The pushback came a day after House Speaker Nancy Pelosi suggested more stimulus spending might be needed, and the top Democrat on the Appropriations Committee said he had already instructed his staff to begin working on a bill.
But multiple Democratic aides told CNN another stimulus plan is not in the works, and that Democratic leaders believe they need time to assess whether the first recovery package is effective before taking up another bill.
One leadership aide said House Appropriations Chairman David Obey of Wisconsin got ahead of himself when he told CNN Tuesday evening that his committee was considering another stimulus package, though he had cautioned there was no timeline for moving it.
WASHINGTON, June 23 (Xinhua) — U.S. President Barack Obama has said that he does not think a second economic stimulus package is needed yet even though the nation’s economy continues to struggle.
More time is needed to assess the effectiveness of the 787-billion-dollar economic stimulus plan, the administration’s first one, enacted early this year, Obama told a press conference held Tuesday in the White House.
Senate Majority Leader Harry Reid on Tuesday slammed the door on the idea of a second economic stimulus plan, even as President Obama suggested he’s leaving the option on the table.
The Nevada senator said Americans are only just beginning to realize the benefits of the Obama administration’s first stimulus bill, which passed in mid-February, and he stressed that only 10 percent of the $787 billion package has made it to the states.
“A little less than 90 percent still needs to be put out to the American people, and we’re in the process of doing that. It’s going to move more quickly now. As far as I’m concerned, there’s no showing to me that another stimulus is needed,” Reid said emphatically.
President Obama plans to hold a White House forum on job creation next month, an attempt to signal his concern about the growing ranks of the unemployed and build consensus on future action to stoke the economy.
The summit will bring together small-business owners, corporate executives, economists, financial experts and union leaders to discuss ideas for accelerating job creation during the worst labor market conditions in a generation, Obama said Thursday.
“We all know there are limits to what government can and should do even during such difficult times,” Obama said at the White House before leaving on a nine-day trip to Asia. “But we have an obligation to consider every additional, responsible step that we can to encourage and accelerate job creation in this country.”
WASHINGTON — House Democrats are looking at swelling deficits further, at least temporarily, on a jobs-producing bill in response to double-digit unemployment and a sense within their ranks that the party needs to do more to put people back to work.
But many of the ideas on the table so far are extensions of last February’s $787 billion economic stimulus package — such as unemployment benefits and subsidies to help the jobless pay for health insurance. They maintain the social safety net for the 15.7 million Americans out of work but they don’t directly create new jobs.
Aware that the February stimulus bill has not prevented unemployment from reaching 10.2 percent and of public opinion polls showing the free spending measure is losing popularity with voters, Democrats are wary of putting a stimulus label on their new package.
“I wouldn’t characterize it as a second stimulus,” House Majority Leader Steny Hoyer said Tuesday. “I don’t want to be as broad as that, I want it to be very targeted on jobs.”
“We all know there are limits to what government can and should do even during such difficult times,” Obama said at the White House before leaving on a nine-day trip to Asia.”
AYFKMafter everything the spineless-in-chief has done to nationalize the entire economy through industry after industry takeover, and whichcontinues as we speak?(Financial Regulation Reform)
Liars and thieves. I am sick to death of politicians that no longer answer their phones for their constitutents, who seem to think that the taxpayers are losers and not worthy of an opinion, and both parties lying about what they are doing.