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Obama Team Eyes Employer Payroll Tax Break

This President, and his toadies in Cingress, lack the fundamental thought-process, and motivation, to form and implement the changes needed to turn this mess around.

Obama massively expanded government and the nanny-state in his first two years. Taking a bad situation, and making it worse. Such as this tax break are to put the smallest of band-aids on a cancer. Obama cannot do what is needed. He is fundamentally opposed to everything that is needed.

Everything will stay hunkered down, and in essance close to economic collapse, for so long as Obama is in office, and the direction of our leaders stays as it is.
 
He extended them 2years because the repubs were going to filibuster everything until he did it.

he had sixty senators for a year

he had 59 (and olympia snowe and susan collins and george voinovich) when this story was written:

Dems won't pass budget in 2010

he enjoyed a plurality of 78 in pelosi's place

aside from obamacare, which this president pursued with an almost ahab-like obsession, barack the slasher hussein simply has no guts

where's cap and trade?

what happened to wtf, win the future?

he doesn't even talk about green investment anymore

he's dropped ipab from his stump

he can't even run around on his auto rescue, not after wapo gave him 3 pinochios

the truth is the party in power punted on this primary relationship between the taxpayer and the internal revenue service til mere days before new years

and then he caved, bill clinton at his side, in LAME DUCK

it is what it is, the slasher's record

leadership, anyone?

it's gonna be THREE YEARS since the party in power even proposed a blueprint on paper---in times like these

if major reform is not instituted immediately to fundamentally restructure our budgets, then our big 3 social programs (as well as state pensions) will simply cease to exist in their current forms for our next generation

hurry up, harry

Dems lack budget leadership

With narrow majority, Senate Democrats adopt minimalist agenda - The Washington Post

Democrats grumble over Harry Reid's agenda - Manu Raju - POLITICO.com

embarrassed yet?
 
From Bloomberg.com:



Obama Team Eyes Employer Payroll Tax Break - Bloomberg

That the White House is considering another round of stimulus is not too surprising given the persistent high rate of unemployment that is threatening to bump up against the 2012 electoral calendar. IMO, this stimulus should not be adopted for a number of reasons:

1. It would further exacerbate the nation's long-term imbalances, not just a short-term increase in the budget deficits, as it would increase the long-term unfunded liability associated with Social Security.

2. It would undermine any credibility of any fiscal consolidation agreement that might be attached to an increase in the debt ceiling.

3. In macroeconomic terms, it would have only a marginal to small impact. First, the multiplier with such stimulus is well below 1. That means every dollar of this form of stimulus would yield less than a dollar increase in the GDP. Second, hiring depends on expectations about sustained increases in macroeconomic demand that productivity/capital investment cannot accommodate, making it necessary for firms to expand payrolls (a recurring expenditure). Third, companies remain especially risk averse coming out of the financial crisis/recession. Hence, savings from the payroll tax reduction would far more likely be used to bolster cash than to lead to a dramatic increase in new hiring.

With every piece of legislation Obama presents, he leans further and further to the right.
 
he had sixty senators for a year

he had 59 (and olympia snowe and susan collins and george voinovich) when this story was written:

Dems won't pass budget in 2010

he enjoyed a plurality of 78 in pelosi's place

aside from obamacare, which this president pursued with an almost ahab-like obsession, barack the slasher hussein simply has no guts

where's cap and trade?

what happened to wtf, win the future?

he doesn't even talk about green investment anymore

he's dropped ipab from his stump

he can't even run around on his auto rescue, not after wapo gave him 3 pinochios

the truth is the party in power punted on this primary relationship between the taxpayer and the internal revenue service til mere days before new years

and then he caved, bill clinton at his side, in LAME DUCK

it is what it is, the slasher's record

leadership, anyone?

it's gonna be THREE YEARS since the party in power even proposed a blueprint on paper---in times like these

if major reform is not instituted immediately to fundamentally restructure our budgets, then our big 3 social programs (as well as state pensions) will simply cease to exist in their current forms for our next generation

hurry up, harry

Dems lack budget leadership

With narrow majority, Senate Democrats adopt minimalist agenda - The Washington Post

Democrats grumble over Harry Reid's agenda - Manu Raju - POLITICO.com

embarrassed yet?

He's also had republican filibustering and "No" votes on anything he did. You embarrassed yet?
 
He's also had republican filibustering and "No" votes on anything he did. You embarrassed yet?

I'm not embarrassed. In fact, I'm proud of them for fighting against O'Bama's destructive policies. Just imagine where we would be had he gotten everything he wanted.
 
I'm not embarrassed. In fact, I'm proud of them for fighting against O'Bama's destructive policies. Just imagine where we would be had he gotten everything he wanted.

Everything he has gotten has been WHAT republicans wanted. Tax cut extensions for the rich, health care reform with NO public option but MANDATORY insurance were all proposed by the republicans in 1996; many of the SAME republicans in Congress now. We are STILL in Iraq, he started wars in Libya and Yemen, he has given the republicans the extensions of their policies they had since their control of Congress from 1994 through 2006.
 
Everything he has gotten has been WHAT republicans wanted. Tax cut extensions for the rich, health care reform with NO public option but MANDATORY insurance were all proposed by the republicans in 1996; many of the SAME republicans in Congress now. We are STILL in Iraq, he started wars in Libya and Yemen, he has given the republicans the extensions of their policies they had since their control of Congress from 1994 through 2006.

How many Republicans voted for O'Bamacare? Three?
 
I'm not embarrassed. In fact, I'm proud of them for fighting against O'Bama's destructive policies. Just imagine where we would be had he gotten everything he wanted.

We'd have a constitutional fix to health care instead of the boondoggle we got. Its not ObamaCare, its CongressCare
 
How many Republicans voted for O'Bamacare? Three?

What does that have to do with anything? The base of the republican party is the born again evangelicals who are racists, bigots and hate women. The republicans voted the way they did to keep their constituents in line with hating the black man. Fact remains, it is exactly what the republicans came up with in 1996 with their health care reform.
 
We'd have a constitutional fix to health care instead of the boondoggle we got. Its not ObamaCare, its CongressCare

No, it is Obama and the Democrats Care. It is 100% Democrat formulated and owned. And what a giant cluster**** it is.
 
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What does that have to do with anything? The base of the republican party is the born again evangelicals who are racists, bigots and hate women. The republicans voted the way they did to keep their constituents in line with hating the black man. Fact remains, it is exactly what the republicans came up with in 1996 with their health care reform.

Got any views that are "way out there" ? :roll:
 
What does that have to do with anything? The base of the republican party is the born again evangelicals who are racists, bigots and hate women. The republicans voted the way they did to keep their constituents in line with hating the black man. Fact remains, it is exactly what the republicans came up with in 1996 with their health care reform.

Damn! Another one that has us all figure out. I guess we're going to have to just give it up, since all these Leftists have us pegged.
 
He's also had republican filibustering and "No" votes on anything he did. You embarrassed yet?

of course not, we're the PARTY OF NO, remember?

that's why we won the most house seats since 1938 (the year after the eponymous roosevelt recession), the most state reps and assemblies in history, 10 gubs, 6 senators...

and in the senate, there're now NINETY SEVEN of us

President's budget sinks, 97-0 - TheHill.com
 
Tax cut extensions for the rich

yup, with clinton at his side

Obama Calls Tax Cuts the 'Right Thing to Do'

At Obama's side, Clinton backs tax deal

health care reform

sorry

ZERO republicans voted for obamacare on the expensive blue carpet upstairs, and only one---joseph cao, the vietnamese seminarian from new orleans who lost his seat last november---announced "aye" down in pelosi's place

live it, libs, love it, she's all yours

We are STILL in Iraq

we sure are

Iraq expected to request U.S. troops stay: Panetta | Reuters

and the outgoing cia chief who's moving in to replace gates at dod testified in his confirmation this week that when al maliki asks us to stay, "the united states should say yes"

he started wars in Libya and Yemen

he sure did, he's just like a real neocon

and don't forget he ESCALATED afghanistan, OBAMA'S WAR

Obama sends 30,000 more troops to Afghanistan - World - CBC News
 
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No, it is Obama and the Democrats Care. It is 100% Democrat formulated and owned. And what a giant cluster**** it is.

The individual mandate is a republican idea, Obama wanted single payer or a public option
 
today:

Lawmakers should increase the payroll tax cut to stimulate short-term economic growth and prevent a “lost decade,” former White House advisor Larry Summers argues.

In an op-ed published in Monday’s Washington Post, Summers warns of little economic growth ahead unless new measures are enacted.

First among them is an extension and increase of the payroll tax cut negotiated by President Barack Obama and Congress last year. It would be “premature” to let the two percent payroll tax cut expire as is scheduled at the end of the year and, instead, Summers says it should be hiked to three percent and expanded to employers as well as employees to help stimulate a still-struggling economy.

it must remind many of peter orszag's nyt op ed after his departure last july calling for an extension of the bush tax cuts for the rich

also, "summers warns of little economic growth ahead unless new measures are enacted:" that's quite an admission, don'tcha think

meanwhile, even struggling students in econ 101 appreciate the toxic effect uncertainty can cast on any economy

Asked last week if it’s an option the administration is considering, White House press secretary Jay Carney’s response was not definitive.

“Obviously there are a lot of ideas that get bandied about, both within the administration and outside,” he said. “This is an idea that’s been around for a long time, has been supported or has seen expressions of support from the business community, from conservative economists and others. But I don’t have any policy announcement to make.”

Larry Summers: Boost the payroll tax cut - Jennifer Epstein - POLITICO.com

hey, they've only had two and half years

be patient

meanwhile, summers, orszag, romer, goolsbee...

who's next?
 
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in north carolina this afternoon: President Obama pushes to extend payroll tax cut - Carrie Budoff Brown - POLITICO.com

another day, another vision

are you sure this guy knows what he's doing?

while speaking to the workers at cree, which makes those ten dollar light bulbs you're gonna be hearing a lot about, obama joked, "shovel ready was not as shovel ready as we expected"

Obama jokes about 'shovel-ready projects' - The Oval: Tracking the Obama presidency

the line elicited lots of LOL's

but 862 billion dollars worth?
 
mitt romney put out an ad today which ezra klein, wapo and newsweek columnist, founder of journolist and rachel maddow's favorite heterosexual, called "devastating"

YouTube - I'm Not a Bump in the Road

better be careful, president slasher, else you might come across as out of touch
 
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mitt romney put out an ad today which ezra klein, wapo and newsweek columnist, founder of journolist and rachel maddow's favorite heterosexual, called "devastating"

YouTube - I'm Not a Bump in the Road

better be careful, president slasher, else you might come across as out of touch

Thanks for that. It was good. Obama is going to get his ass kicked. And if there is justice in this world, he will be exiled to Elbe, never allowed to return to US soil. Then we can start to fix this massive mess that liberal stupidity has created.

**** Obama. Pond-scum bastard.
 
The individual mandate is a republican idea, Obama wanted single payer or a public option

:roll: and premium support as a reform for Medicare is a Democrat Idea.

not a single Republican voted for or contributed to Obamacare, though I find it hilarious that they now feel obligated to blame their own poor decisions on Republicans. :sorry:
 
not a single Republican voted for or contributed to Obamacare, though I find it hilarious that they now feel obligated to blame their own poor decisions on Republicans. :sorry:

They contributed to it by offering ideas on what the fed should or shouldn't do. Some of their ideas were adopted and then the repubs "moved the goal post" so to speak. But that doesn't change the fact that what came out of congress is not what Obama wanted.
 
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