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Thread: Obama to issue new proposals on job creation, debt reduction

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    Obama to issue new proposals on job creation, debt reduction

    Obama to issue new proposals on job creation, debt reduction - The Washington Post

    ALPHA, Ill. President Obama has decided to press Congress for a new round of stimulus spending and tax cuts as he seeks to address the great domestic policy quandary of his tenure: how to spur job growth in an age of austerity.

    Obama will lay out a series of ideas in a major address right after Labor Day, when he and
    a largely antagonistic Congress will return from vacation, the White House said Wednesday.

    The president is thinking about proposing tax cuts for companies that hire workers, new spending for roads and construction, and other measures that would target the long-term unemployed, according to administration officials and other people familiar with the matter. Some ideas, such as providing mortgage relief for struggling homeowners, could come through executive action.
    I think this is moving in the right direction. Personally, I believe a jobs plan that would put the American economy back on track would primarily involve a huge infrastructure overhaul and public works program. While this will necessarily involve more spending, this is spending that we have to do sooner or sometime later down the road, regardless. The state of our infrastructure is quickly falling behind that of other industrialized countries, and our current infrastructure (i'm talking about transporation, power grids, information, etc.) is simply costing us more and more as our population grows and it just sits there deteriorating.

    I believe any sound plan to curb the debt/deficit will involve both cutting unnecessary spending, but at the same time our economic growth must be on a healthy footing in order to be a sound foundation for deficit-reduction. I believe that the way to attack to the deficit is to yes, find some savings, but also to fix the economy first; as opposed simply austerity, as many conservatives would have it.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
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    Re: Obama to issue new proposals on job creation, debt reduction

    Sadly, it has no chance of passing the House.

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    Re: Obama to issue new proposals on job creation, debt reduction

    Personally, I believe a jobs plan that would put the American economy back on track would primarily involve a huge infrastructure overhaul and public works program.
    Are these "shovel-ready" jobs?

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    Re: Obama to issue new proposals on job creation, debt reduction

    He should have done this much earlier. He's not striking with the iron is hot.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
    http://soulinblackandwhite.blogspot.com/

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    Re: Obama to issue new proposals on job creation, debt reduction

    Quote Originally Posted by AdamT View Post
    Sadly, it has no chance of passing the House.
    Agreed. He know this. He's left with throwing up a hail mary from his own 10.

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    Re: Obama to issue new proposals on job creation, debt reduction

    Quote Originally Posted by PerfectStorm View Post
    Are these "shovel-ready" jobs?
    With some planning, they should be. There's definitely good ideas out there, (i.e. smartgrid).
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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    Re: Obama to issue new proposals on job creation, debt reduction

    Quote Originally Posted by 1Perry View Post
    Agreed. He know this. He's left with throwing up a hail mary from his own 10.
    True enough, but it's good that he's doing it. America needs to see that he's trying and that his efforts are being killed by Republicans.

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    Re: Obama to issue new proposals on job creation, debt reduction

    I don't think America supports any more "stimulus" plans (not that we are ever likely going to see an actual plan) from Obama.

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    Re: Obama to issue new proposals on job creation, debt reduction

    Quote Originally Posted by 1Perry View Post
    I don't think America supports any more "stimulus" plans (not that we are ever likely going to see an actual plan) from Obama.
    America doesn't always know what's good for it. Americans are very concerned about unemployment and stimulus is the only thing that can turn that around.

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    Re: Obama to issue new proposals on job creation, debt reduction

    Quote Originally Posted by 1Perry View Post
    I don't think America supports any more "stimulus" plans (not that we are ever likely going to see an actual plan) from Obama.
    Perhaps so. "Stimulus" has gotten a bad rap during the past decade, but from a purely pragmatic point of view (not speaking with my ideological blinders on), this has to be done sooner or later, and is a great chance to put folks, especially the long-term unemployed, back to work. And the good part is, the federal government and taxpayers don't even have to foot the entire bill, as public-private partnerships can be formed and private capital can be used to help fund these projects.

    Also keep in mind, it was massive stimulus spending that got us out of the last boom-bust cycle as well.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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