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Thread: Republicans block Obama jobs bill

  1. #671
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by Catawba View Post
    "the clear majority of economists believe the American Jobs Act would boost economic growth and lower the unemployment rate.

    This isn’t even controversial. The day after President Obama’s joint-session speech, the AP reported, “A tentative thumbs-up. That was the assessment Thursday night from economists who offered mainly positive reviews of President Barack Obama’s $450 billion plan to stimulate job creation.” Economists at the Economic Policy Institute published a very favorable response to the plan, and economists at Macroeconomic Advisers projected that the White House plan “would give a significant boost to GDP and employment over the near-term.”

    Two weeks ago, Bloomberg News surveyed a group of major economists and found that they believe the jobs bill would “help avoid a return to recession by maintaining growth and pushing down the unemployment rate next year.” While the economists surveyed had widely divergent estimates, the overall consensus among the experts is that the Americans Jobs Act would create hundreds of thousands, if not millions, of jobs.

    What’s more, while Fed Chairman Ben Bernanke and CBO chief Doug Elmendorf didn’t explicitly endorse the American Jobs Act, they expressed public support for the concept behind the plan.

    In the meantime, independent economists who’ve been asked to look at Republican job-creation ideas have found the GOP measures are largely meaningless and would have no discernible effect."

    Political Animal - Define ‘every’
    Your faith in this President is misguided as the actual results don't support that faith

    Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 25+ million unemployed or under employed Americans in 2011, 2.6 million fewer jobs, 4.2 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. 38-41% JAR and well over 50-55% disapproval ratings.

  2. #672
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by Conservative View Post
    Your faith in this President is misguided as the actual results don't support that faith
    Like the majority of the country, my support is based on the majority of economists that state the Jobs Act “would give a significant boost to GDP and employment over the near-term.”, vs the GOP plan which they state "will have no discernible results."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  3. #673
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by Catawba View Post
    Like the majority of the country, my support is based on the majority of economists that state the Jobs Act “would give a significant boost to GDP and employment over the near-term.”, vs the GOP plan which they state "will have no discernible results."
    Those same selective economists were wrong about Stimulus One so why are they right now? Creating temporary jobs with money that we don't have serves no purpose other than to drive up the debt and make you and other Obama supporters feeling better.

  4. #674
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by Conservative View Post
    Those same selective economists were wrong about Stimulus One so why are they right now? Creating temporary jobs with money that we don't have serves no purpose other than to drive up the debt and make you and other Obama supporters feeling better.
    They weren't wrong about the stimulus and they aren't wrong now. Nothing "selective" about them, btw. Even Douglas Holz-Eakin admits that the stimulus created jobs.

    "Add conservative economist Douglas Holtz-Eakin to the ranks of experts whose work shows that the American Recovery and Reinvestment Act of 2009 operated exactly as intended, growing the economy and creating millions of jobs. It may seem surprising that Holtz-Eakin, the former Congressional Budget Office director, former chief economic advisor to Sen. John McCain’s 2008 presidential campaign, and current president of the conservative American Action Forum, would throw his support behind the stimulus bill. But that’s what he’s done—whether he likes it or not."

    Holtz-Eakin Joins the Recovery Act Champions
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

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  5. #675
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by AdamT View Post
    They weren't wrong about the stimulus and they aren't wrong now. Nothing "selective" about them, btw. Even Douglas Holz-Eakin admits that the stimulus created jobs.

    "Add conservative economist Douglas Holtz-Eakin to the ranks of experts whose work shows that the American Recovery and Reinvestment Act of 2009 operated exactly as intended, growing the economy and creating millions of jobs. It may seem surprising that Holtz-Eakin, the former Congressional Budget Office director, former chief economic advisor to Sen. John McCain’s 2008 presidential campaign, and current president of the conservative American Action Forum, would throw his support behind the stimulus bill. But that’s what he’s done—whether he likes it or not."

    Holtz-Eakin Joins the Recovery Act Champions
    Results matter and the results are a net job loss TODAY of 2.6 million jobs. That is three years after taking office and has led to his current 39% JAR

  6. #676
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by Conservative View Post
    Results matter and the results are a net job loss TODAY of 2.6 million jobs. That is three years after taking office and has led to his current 39% JAR
    Hey results matter net job gain in Texas yet higher unemployment.

  7. #677
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by winston53660 View Post
    Hey results matter net job gain in Texas yet higher unemployment.
    Well results matter to Conservative if you're talking about Democrats...wait until he gets his wish and Obama's not re-elected. Then they won't.


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    This issue has been plowed more times than Paris Hilton.
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    Too bad we have to observe human rights.

  8. #678
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by rocket88 View Post
    Well results matter to Conservative if you're talking about Democrats...wait until he gets his wish and Obama's not re-elected. Then they won't.
    Results always matter regardless of who is running.

  9. #679
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by winston53660 View Post
    Hey results matter net job gain in Texas yet higher unemployment.
    Texas unemployment rate lower than the national rate and TX has a growing population and labor force unlike nationally where the labor force is declining.

  10. #680
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    Re: Republicans block Obama jobs bill

    Quote Originally Posted by Conservative View Post
    Texas unemployment rate lower than the national rate and TX has a growing population and labor force unlike nationally where the labor force is declining.
    Way to back up rising unemployment there

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