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Old 06-13-2011, 11:58 AM
 
45,400 posts, read 26,992,566 times
Reputation: 23761

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Here's What President Obama Told Us At The White House About How He Plans To Fix The Economy

Unfortunately, I left without any specific ideas about how the White House plans to promote growth and keep the U.S. No 1.

What I did hear, from President Obama and other speakers, was the following:

This is how we're taking care of the average americans who were duped into buying mortgages they couldn't afford (in part) by the banks we bailed out: Elizabeth Warren is working on a program that will demand that businesses write simple-to-read loans and other financial documents with "meaningful disclosure." Timeline: unknown.


Disclosure notices offers nothing concrete.

This is how we're keeping an eye on rising gas prices: We're "decreasing dependence on gas," said Obama.

That's a specific plan, isn't it?

This is how we're trying to balance the budget: Raising taxes will be the main way, as far as I could tell. Obama said, "Taxes are the lowest level they've been" in my lifetime.

Nothing on spending. Raising taxes alone won't work, and will eventually depress tax revenues. And again - no specifics offered.

And this is how we're stimulating growth: Encouraging people to create more (which isn't really *stimulating* anything). Obama had a "Call to Arms" to inspire entrepreneurs, and he said that making "meaningful investments" in things like infrastructure, education, and clean energy is important. But of all the points, I was the least clear on how the administration plans to accomplish growth.

Encouragement. Call to arms. Talk. All talk. Business owners will not hire with this amount of uncertainty and an increasing amount of regulation.

We are in trouble here. There is no plan to REALLY help the economy and the American populace. And seeing how they have helped invest in other countries - our lack of an economic plan is on purpose. They know how to generate business in other countries. They are choosing not to invest in America.
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Old 06-13-2011, 12:03 PM
 
2,409 posts, read 3,037,012 times
Reputation: 2033
This guy is worse than Bush. He's the worst President we've ever had. Every President has been getting worse for the last 50+ years. They've been bought off by big oil, banks, WallStreet, the MI complex etc. It's time to kick all these fools out of Congress and the White House. Obama is nauseating. The guy has never stopped campaigning. He's not a leader. He's a shill....a lackey.......a puppet. He does whatever he's told to do. He's a do nothing community organizer from Illinois. What ever made the American public think this guy was qualified to run the biggest economy in the world and the most powerful country on Earth? LOL............you get what you voted for American populace........let's just hope you're not as stupid as you are ignorant. What's next? Palin? Romney? Gingrich? Cain? ......................who knows maybe the people will wake up and actually vote for someone that goes against the grain.........maybe someone that believes in taking care of our country first............someone that believes in getting rid of the CIA, FED, and many other government agencies...............who could that be????? Oh it's that old kook who can't speak Ron Paul.....................or so they labeled him last election. If a Ron Paul doesn't get into the White House this country is done. It's bye bye middle class, bye bye small business owners, bye bye freedoms and liberties.
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Old 06-13-2011, 12:20 PM
 
Location: Unperson Everyman Land
38,627 posts, read 26,311,930 times
Reputation: 12635
Quote:
Originally Posted by SoCalCroozer View Post
This guy is worse than Bush. He's the worst President we've ever had. Every President has been getting worse for the last 50+ years. They've been bought off by big oil, banks, WallStreet, the MI complex etc. It's time to kick all these fools out of Congress and the White House. Obama is nauseating. The guy has never stopped campaigning. He's not a leader. He's a shill....a lackey.......a puppet. He does whatever he's told to do. He's a do nothing community organizer from Illinois. What ever made the American public think this guy was qualified to run the biggest economy in the world and the most powerful country on Earth? LOL............you get what you voted for American populace........let's just hope you're not as stupid as you are ignorant. What's next? Palin? Romney? Gingrich? Cain? ......................who knows maybe the people will wake up and actually vote for someone that goes against the grain.........maybe someone that believes in taking care of our country first............someone that believes in getting rid of the CIA, FED, and many other government agencies...............who could that be????? Oh it's that old kook who can't speak Ron Paul.....................or so they labeled him last election. If a Ron Paul doesn't get into the White House this country is done. It's bye bye middle class, bye bye small business owners, bye bye freedoms and liberties.

It's not the people running.

It's the ignorant voters who are the problem.
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Old 06-13-2011, 12:23 PM
 
2,409 posts, read 3,037,012 times
Reputation: 2033
Quote:
Originally Posted by momonkey View Post
It's not the people running.

It's the ignorant voters who are the problem.
Well yeah of course. But look at the pool of "leaders" we have to choose from. I mean other than Ron Paul who do you expect the people to vote for when all the candidates pretty much suck. The lesser of two evils as always.
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Old 06-13-2011, 12:23 PM
 
2,963 posts, read 6,249,948 times
Reputation: 1577
I like the Republican plan a lot better:

Tax Cuts for the Rich and Deregulation.
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Old 06-13-2011, 12:49 PM
 
Location: Unperson Everyman Land
38,627 posts, read 26,311,930 times
Reputation: 12635
Quote:
Originally Posted by SoCalCroozer View Post
Well yeah of course. But look at the pool of "leaders" we have to choose from. I mean other than Ron Paul who do you expect the people to vote for when all the candidates pretty much suck. The lesser of two evils as always.

Look at what the LSM has done to Palin and her family.

She isn't even running and they are going over her E-mails line by line to try to dig up more dirt on her and her family.

Can you blame good people for staying out of politics?
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Old 06-13-2011, 12:51 PM
 
Location: Portland, OR
8,802 posts, read 8,881,942 times
Reputation: 4512
Quote:
Originally Posted by Majin View Post
I like the Republican plan a lot better:

Tax Cuts for the Rich and Deregulation.
Yeh, government intervention worked so well when the Feds decided that everyone should own a house.
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Old 06-13-2011, 12:58 PM
 
Location: San Antonio, Texas
589 posts, read 375,667 times
Reputation: 123
He did nothing in 6 months about the economy, it's shameful, scaring
He doesn't care about unemployed...
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Old 06-13-2011, 01:01 PM
 
Location: Tampa Florida
22,229 posts, read 17,825,162 times
Reputation: 4585
Quote:
Originally Posted by Flize View Post
He did nothing in 6 months about the economy, it's shameful, scaring
He doesn't care about unemployed...
Other than adding about a million private sector jobs you mean, right?
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Old 06-13-2011, 01:03 PM
 
Location: Dallas, TX
31,767 posts, read 28,769,662 times
Reputation: 12341
Quote:
Originally Posted by Flize View Post
He did nothing in 6 months about the economy, it's shameful, scaring
He doesn't care about unemployed...
2.1 million private sector jobs in 17 months. That nearly 3 million more jobs in the private sector added in nine years before that.
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