There is no more money!!!!!!!!!!!!!!!! (unemployment rate, Congress, Indiana, Barack Obama)

[janelle144]

There is no more money, THERE IS NO MORE MONEY,

THERE IS NO MORE MONEY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!

Pulling my hair out-----THERE IS NO MORE MONEY----STOP SPENDING MONEY THAT IS NOT THERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Obama: 'Unleash prosperity' for all - The Elkhart Project- msnbc.com

Obama: 'Unleash prosperity' for all







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President bringing grants, message of patience in Elkhart County visit


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updated 2 hours, 14 minutes ago

WAKARUSA, Ind.—
President Barack Obama brought his latest prescription for recovery Wednesday to this economically ravaged region of northern Indiana, promising to “unleash prosperity for everybody, not just some.”
In recent days, the administration has pointed to economic indicators that it says suggest the economy is slowly beginning to recover.
For Obama, the challenge is to connect directly with Americans to persuade them to remain optimistic while they wait for that recovery to take hold.
“It’s nice to get out of Washington and spend some time with the people who sent me to Washington,” Obama said at the old Monaco RV plant here, where 1,400 people were laid off as the company went through a bankruptcy process that was completed in March.
After the event, the president planned to talk with Chuck Todd, NBC’s political director and White House bureau chief, who will relay questions submitted by msnbc.com readers.
• Read Hoosiers’ questions for Obama
On his third trip to the region as president, Obama was bringing news that the federal government will distribute $2.4 billion in taxpayer grants to create electric cars and RVs. Manufacturers in the area say this could help put people back to work in a part of the state where unemployment has neared 20 percent during the recession that began months before Obama even took office.
Seven of the 48 projects announced Wednesday will be in Indiana, second only to the 11 announced in Michigan, where the U.S. auto industry is on the brink of collapse.
• List of grant recipients (PDF)
“Almost all of these technologies are manufactured overseas,” said Matt Rogers, a senior adviser to Energy Secretary Steven Chu. “This is an effort to make sure these technologies can be produced in the United States.”
Officials projected that the 48 projects, which are part of Obama’s $787 billion economic stimulus program, could create tens of thousands of jobs — a prospect that had residents of Wakarusa and the larger Elkhart area lining the streets Wednesday to see the president, even though the announcement itself at Monaco RV is closed to the public.
“Anything that can help this area to bring jobs back to this area is important for us, and we would appreciate anything that is going to be done,” Jo Geleske, director of the Wakarusa Public Library, who said she would likely be part of the throng lining the streets as Obama makes his way to Monaco.
• Elkhart Truth: How much will Obama’s visit cost?
• See timeline of key Obama-Elkhart events in past year
Ed Neufeldt of Wakarusa, who introduced Obama on his visit to Elkhart for a town hall meeting in February, said he was hopeful that the president’s news would jump-start the region’s economy.
“When he was here before, he looked at me and he said, ‘Ed, I’m going to get you back to work,’” Neufeldt told NBC station WNDU of South Bend.
“I don’t know if he’ll get me back to work, but I feel like I represent everyone around here who is unemployed and not working, and if he can just some of those back to work, he is getting me back to work,” Neufeldt said.
Administration preaches optimism, patience
As Congress breaks for the summer, the public message war is on, and Obama’s visit to Wakarusa is a key shot in that war.
“This area has been hit with a perfect storm of economic troubles,” Obama said. “We can’t afford to run this race at half-speed.”
Elkhart-Goshen has become the president’s version of Peoria, Ill.: If it will play in Elkhart, it might play across the country. Since he announced his campaign for president more than two years ago, Obama has dropped in on the area five times; it was in Elkhart that he made his first bolt outside the Washington Beltway as president, three weeks into the job, when he was lobbying for the stimulus.
That’s because the Elkhart-Goshen area is a microcosm of the problems afflicting the country. The area had an unemployment rate of 16.8 percent in June, up by 10 percentage points from last year. It’s also higher than it was when Obama visited Elkhart in February, although the jobless rate has at least come down from 17.5 percent in May.
“Obviously, this is an area of the country that’s been particularly hard-hit as a result of the economic downturn,” White House press secretary Robert Gibbs said.
The grants that Obama and other administration officials were announcing at events in five states Wednesday will be divided among 25 states. For example, Vice President Joe Biden was in Detroit to make a similar pitch at NextEnergy, a nonprofit group that helps private businesses research and develop alternative and renewable energy programs.
Of the new grants, $1.5 billion will go to the production of batteries and their components, $500 million will go for other components needed for the cars, like electric motors, and $400 million will go toward plug-in hybrid cars, training for technicians and related costs.
Besides being a titan of the RV business, Navistar, which owns Monaco, is also in the hybrid electric vehicle business. In March, it unveiled its newest hybrid truck, the International WorkStar Hybrid 4x4, billed as “the industry’s first four-wheel drive diesel-electric hybrid commercial truck.”
Obama is the region only briefly and will not be mingling with the public. But Stacy Hughes, 22, a lifelong Wakarusa resident, said Obama’s simple presence was good news.
“It can’t be a bad thing,” Hughes told The Truth. “Anything to help our town and get it national attention is important.”
Alex Johnson and Bill Dedman of msnbc.com; Josh Weinhold, Dustin Lawrence and Marilyn Odendahl of The Elkhart Truth; and NBC station WNDU of South Bend, Ind., contributed to this report.

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