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Investment is the cornerstone of job creation, economic growth, and long-run prosperity for middle-class families and our country as a whole. Investments—in new scientific research, new factories, transportation infrastructure, and the education and health of our workforce—contribute to growth by putting new technologies to work, lowering costs for businesses, and increasing the productivity and competitiveness of American workers. Both the private sector and the government have critical roles to play in the investment process. Business investment drives the economy, but public investment paves the path on which business investment depends. That’s why countries with the highest levels of combined public and private investment are leading the world economy in recovering from the Great Recession. Disinvesting in America: The House Republican Budget Plan in Action
Disinvesting in America was part of Ryan's plan and the Republicans were singing its praises???
From American progress.... Bush ran up debt "investing" and since then Obama has "invested" trillions. There has been no shortage of government spending/"investing."
From American progress.... Bush ran up debt "investing" and since then Obama has "invested" trillions. There has been no shortage of government spending/"investing."
What did Bush invest in exactly? Besides a bogus war and outlandish tax breaks that is.
It was Bush that didn’t have tough fiscal accountability. Lax oversight and corruption lead to tens of billions of dollars lost to corporate bailouts, war profiteers and oil industry titans. Let’s not forget that the 2006 Republican-controlled Congress splurged on pork too, with a record $29 billion in earmarks. After Democrats regained control of Congress the following session, earmarks were cut nearly in half.
Opponents say that the investments in President Obama’s economic stimulus package were wasteful “earmarks.” But in fact, there were none at all. 97 percent of the Obama stimulus was targeted toward good, necessary causes. His plan expanded aid to regular Americans hit hard by trickle-down economics, boosting education, health and social investments for the first time in years. Investment | OurFuture.org
Americans are too stupid to realize their country is being cut up and sold off piece meal to the corporations. And yes these corrupt, hegemonic corporations have our government under their thumbs..parading them around like puppeteers with huge campaign contributions, life time careers in politics, special interest and big lobbying. The democrats are just as corrupt and bought and paid for as the republicans. But Americans keep fighting the tired old fight of blame and party worship like a beat down dog with an abusive owner.
$50 million dollars were spent on the Reinvestment and Recovery Act and Putting America Back To Work signs. LMAO!
Anyways, nothing will change unless we change how money is created in this country. As long as the power to create money out of thin air by a group of private banks owned and controlled by a very select echelon of elite families nothing will change. It was the exact reason why our forefathers and patriots fought the British. Banking tyranny and taxes. Our money needs to be nationalized and created debt and interest free. 30% of our natural resources need to be nationalized and this money needs to be put into a sovereign wealth fund and invested in the future of this country and the people.
What did Bush invest in exactly? Besides a bogus war and outlandish tax breaks that is.
It was Bush that didn’t have tough fiscal accountability. Lax oversight and corruption lead to tens of billions of dollars lost to corporate bailouts, war profiteers and oil industry titans. Let’s not forget that the 2006 Republican-controlled Congress splurged on pork too, with a record $29 billion in earmarks. After Democrats regained control of Congress the following session, earmarks were cut nearly in half.
Opponents say that the investments in President Obama’s economic stimulus package were wasteful “earmarks.” But in fact, there were none at all. 97 percent of the Obama stimulus was targeted toward good, necessary causes. His plan expanded aid to regular Americans hit hard by trickle-down economics, boosting education, health and social investments for the first time in years. Investment | OurFuture.org
I'm not giving either one credit for fiscal responsibility.
Obama sold his as for shovel ready jobs that create jobs. He now admits there were no shovel ready jobs, and we still have high unemployment. The war spending gets into the economy faster than a road that will take 20 years to build. People are making equipment and supplies etc. for the wars going on around the world.
Extending benefits, while noble, doesn't create jobs. It keeps the unemployed afloat while they're unemployed.
Bush invested a tremendous amount in education and health.
The bottom line is that both spent/invested massive amounts of money that we don't have and we still have a bad economy and high unemployment.
Republicans want to turn this into a 3rd world country.
Well-reasoned argument...
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