Treasury Secretary Timothy Geithner didn’t dispute a Harvard economist’s estimate that each job in the White House’s jobs plan would cost $200,000, but said the price tag is the wrong way to measure the bill’s worth.
“You’ve got to think about the costs of the alternatives,” Geithner said when asked about Harvard economist Martin Feldstein’s calculation that each job created by President Obama’s American Jobs Act would cost taxpayers about $200,000.
And since around 4 million have lost their jobs since Obama took office that’s only $800,000,000,000,000 if everyone who wasn’t unemployed in 2008 got a job under this bill.
Such a deal! 🙂 You can’t pass that up now can you? Really, are you that heartless and cruel and want to protect rich people that much? 🙂
“If government does nothing, it does nothing now because they’re scared by politics or they want to debate what’s perfect, then there will be fewer Americans back to work, the economy will be weaker,” he said. (ABC)
Only government can solve this. Government is the only answer! And only Liberals have the answer!
And at $200,000 per job it’s a bargain and no one could possibly do better, certainly no those evil “obstructionist” “partisan” Republicans. 🙂
Cutting Corporate Taxes (so we aren’t the highest in the world) and cutting regulations that cost $$$ could not possibly work and is only designed to benefit the rich so that’s absolutely impossible.
Any questions… 🙂
“If the alternative plan is for Washington to do nothing, that’s unacceptable,” Geithner said. “If the alternative plan is to sit there and say we’re going to cut our way out of this by just cutting spending, that would make the economy weaker. Or we’re going to sit here and just complain about regulation. … That will not do anything to help the average family now still suffering so much from the crisis.”
Clueless aren’t they? Blinded by ideology.
“The focus right now from him [Obama] is ‘pass my whole bill, pass my whole bill,’ [and] some of the struggle with that is no Democrat in the House has even taken his bill and filed it yet. (But when it fails it will be the Republican’s fault, mind you) So we can’t even pass the bill because no one wants to put their name on it and say, ‘this is my bill’ and file it in the House,” said Rep. Lankford in a September 23 interview at the U.S. Capitol.
According to a report by the Office of Personnel Management and reported in Ed O’Keefe’s “The Federal Eye” column in the Washington Post, our government has been sending checks to dead people. “In the last five years,” O’Keefe writes, “the Office of Personnel Management has made more than $601 million in payments to dead federal retirees, according to the agency’s inspector general. Total annual payouts range between $100 million and $150 million.”
This isn’t something new. Inspector General (IG) Patrick McFarland had urged OPM in 2005 and again in 2008 to more closely monitor such payments. It appears his advice has gone unheeded.
“Improper payments to dead retirees are up 70 percent in the last five years,” cites the OPM report. In one outrageous case, the son of a deceased annuitant kept receiving federal benefits for 37 years after his father’s death. OPM didn’t learn about the improper payments until after the son died. Of course, the agency never recovered any of the money. Could this be why the government has no qualms about spending other people’s money?
According to Citizens Against Government Waste (www.cagw.org), “The USPS has 600,000 employees and is the second largest employer in America behind Wal-Mart. The USPS Office of Inspector General reported that employees were paid $21.9 million for 875,540 hours of ‘stand-by’ time in FY 2010, and $4.3 million for 170,666 hours in the first half of FY 2011. The USPS also has a 24 percent vacancy rate in its 284 million square feet of interior office space.”
Also last week, Senate Democrats rejected a continuing spending resolution passed by the House because, among other reasons, it contains cuts in the very solar energy program that funded Solyndra. So just because a company or a person dies does not necessarily disqualify them from receiving additional taxpayer money (borrowed from the Chinese, of course).
It is beyond disgraceful that so many elected officials and unelected bureaucrats continue to waste so much of our money, all the while demanding we be taxed more because they can’t “afford” to cut a dime and some of us allegedly aren’t contributing our “fair share.”
We are past not being able to afford our government and it’s long past time to start cutting them off, much as a parent might stop sending money to a spendthrift college student who wastes it on partying and high-living.(Cal Thomas)
The Environmental Protection Agency has said new greenhouse gas regulations, as proposed, may be “absurd” in application and “impossible to administer” by its self-imposed 2016 deadline. But the agency is still asking for taxpayers to shoulder the burden of up to 230,000 new bureaucrats — at a cost of $21 billion — to attempt to implement the rules.
The EPA aims to regulate greenhouse gas emissions through the Clean Air Act, even though the law doesn’t give the EPA explicit power to do so. The agency’s authority to move forward is being challenged in court by petitioners who argue that such a decision should be left for Congress to make.
The proposed regulations would set greenhouse gas emission thresholds above which businesses must file for an EPA permit and complete extra paperwork in order to continue operating. If the EPA wins its court battle and fully rolls out the greenhouse gas regulations, the number of businesses forced into this regulatory regime would grow tremendously — from approximately 14,000 now to as many as 6.1 million.
These new regulatory efforts are not likely to succeed, the EPA admits, but it has decided to move forward regardless. “While EPA acknowledges that come 2016, the administrative burdens may still be so great that compliance … may still be absurd or impossible to administer at that time, that does not mean that the Agency is not moving toward the statutory thresholds,”
The EPA is asking taxpayers to fund up to 230,000 new government workers to process all the extra paperwork, at an estimated cost of $21 billion. That cost does not include the economic impact of the regulations themselves. (DC)
Don’t worry, be happy and “feel” good. It’s good for the environment! 🙂
The Senate passed a continuing resolution by a vote of 79-12 funding the federal government through Nov. 18. The bill must still be approved by the House, but the Senate also passed a short term bill funding government through Oct. 4, giving both chambers additional breathing room.
They passed the buck and kicked the can down the road a piece.
Remember, Oct 1st is the beginning of a new fiscal year for Congress and the Senate Democrats have refused to pass any budget since April 2009!
It’s all continuing resolutions and stop-gap measures.
So how does that make you feel about the “super committee”?? 🙂
In Washington, “the problem is that things have gotten so ideologically driven, and everybody is focused on the election, and putting party ahead of country,” he claimed, in yet another repetition of the controversial claim that Republicans are unpatriotic for disagreeing with his progressive, big-government policies.“That [GOP disagreement] has got to change, and [that is] why your voices are so important,” he said. “I need everybody here to be speaking out on behalf of the things you care about … and to say to legislators you’ve elected, to say to them, act responsibly.”-
President Obama 9/27/11
It’s Not Him, it’s Them!!!
Vote for me the other guys the problem not me!
Obama’s malcontent leftist friends on the Leftist Coast agree that he has not been liberal enough. So to regain their favor, he jetted out West in that covered wagon known as Air Force One and pleaded with them to understand the predicament he is in with nasty Republicans opposing him every step of the way. He is, he assured them, as radical as they are.
In Seattle, representing the downtrodden, Obama told the 65 guests who were paying a paltry $35,800 per couple, “From the moment I took office, what we’ve seen is a constant ideological push-back against any kind of sensible reforms that would make our economy work better and give people more opportunity.”
The bipartisan Obama told his fellow warriors for the poor that the Republican alternative “is an approach to government that will fundamentally cripple America in meeting the challenges of the 21st century.”
That’s the ticket. Unless we agree to Obama’s spending $450 billion more in borrowed money on the grounds that increasing the national debt will decrease the national debt, we will be crippling America. If we demand fiscal responsibility, we simply cannot be trusted to meet the challenges of the 21st century.
Why is it so hard for some people to grasp that neither government tax and regulatory roadblocks against economic growth nor massive wealth redistribution programs improve the plight of lower- and middle-income groups? When will a greater percentage of blacks realize that liberal prescriptions harm rather than improve their economic conditions? When will they realize they are being exploited and injured by the very leaders who say they are the only ones who care about them?
These demagogues had better hope minorities and lower- and middle-income groups never systematically study the damning results of their policies. Obama scapegoats Republican obstruction for the failure of his policies, but no matter how hard he dissembles, he had his way the first two years of his term.
Nevertheless, he persists. On the next stop on his propaganda tour, Obama told his audience that the 2012 election will be even more important than the one in 2008. It will be “a contest of values.”
Finally, there’s something we can all agree on. It will indeed be a contest of values. Unfortunately for Obama, recent polls show that essentially half the American people fear his beloved federal government.
So let’s get ready to rumble. (David Limbaugh)
Ronald Reagan noted the only proof of eternal life on Earth is a government program. And Obama and Co want Even More!
And if you don’t give it to them, well, you’re just an “obstructionist” right wing tea-bagger racist who just wants to crush the poor and save the rich.
Now don’t you “feel” better. 🙂