Apologies to those of you who don't like Fox... It's still a spot-on opinion.
Let’s call this what it is -- a temporary jobs plan designed to get the unemployed working before the next election. This provides for little to no long-term economic growth.
Despite Sperling's predictions, there are a lot of problems with the broad outlines in the President's proposal, not the least of which is the fact that President Obama is insisting Congress immediately pass a bill that doesn't exist. No legislative details have been offered; nothing has been scored by the Congressional Budget Office; there has been no debate or negotiation; and there is no accompanying plan on how to pay for it. President Obama only promised he would talk about paying for it in the weeks to come, and that onus likely will fall on the congressional "super committee" that was supposed to be focused on reducing our debt.
Range Rule: "The front gate lock is not an acceptable target." Never Forget.
RPBrown wrote:In one sentence he wants to tax the rich and large corporations more then offer them tax breaks to hire peope. As usual, makes no sense
I liked the part where he said that everything in the bill is paid for. What he didn't say was that it would all be paid for . . . by our children . . . in 20 years . . . with interest . . . that couldn't be spent on the needs of their day . . . in dollars that had been seriously deflated vs. the other world currencies.
He said "you must pass this bill" 18 times during his speech. I guess instead of Nancy Pelosi's 'You have to pass the bill to see what's in it" we've gone to Barrack Obama's 'You have to pass the bill so we can write it'!
