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(Reuters) - Arnold Schwarzenegger, California's Republican governor, defended Democratic President Barack Obama's stimulus plan on Sunday, saying 150,000 new jobs were created in his state thanks to the legislation.
The study concludes that the effects of the stimulus alone are "substantial, raising the GDP by about 2%, holding the unemployment rate about 11/2 percentage points lower, and adding almost 2.7 million jobs to U.S. payrolls,"
Originally posted by Blackmarketeer
inforeal, that was an epic post!
Where were the "deficit hawks" when Bush turned a surplus into trillions of deficit?
Where were the constitutionalists when the Patriot Act passed to the detriment of our civil liberties?
Where was Gondor when the Westfold burned?
(okay got carried away with the last one...)
Next year's deficit would approach $1.2 trillion. But Obama proposes to cut that figure roughly in half by the end of his first term, in large part by levying nearly $1 trillion in new taxes over the next decade on the nation's highest earners, defined as families with gross income of more than $250,000 a year.
Originally posted by General.Lee
Get your "facts" straight. Obama has TRIPLED the deficit he "inherited" from Bush. You morons with Bush Derangement Syndrome really need to stop living in the past. Besides, 20 wrongs don't make a right.
While the editor in chief of “Forbes” magazine, Steve Forbes claims that the number of new billionaires in the world is a clear sign that the economies around the globe are recovering from their near-total collapse, the reality of the latest Forbes list actually shows something else. That is a continued distribution of wealth from the poor to the rich.
Originally posted by Blackmarketeer
reply to post by Tyr Sog
that was actually a response to the "blame Obama" post that preceded mine, in case you hadn't noticed. It was also to point out the hypocrisy of the GOP who have no problem spending even if it racks up huge deficits so long as it enriches them and their puppet masters. But spend money to compensate 9/11 first responders, who face serious health issues due to their actions from that day?
Originally posted by Come Clean
Here is my liberal issue. You guys won't give the President credit for anything. The only thing you give him some resemblance of credit is increasing troop strengths. The only reason you do that is because the GOP can't bail out on starting two illegal wars. There are not even wars. We never declared war against them. It's two illegal occupations that Bush and the puppet master Cheney started to line their pockes with blood money.
Originally posted by Steve8511
Are people really this stupid? So the Republicans wanted this actually paid for and the pork out the bill so people are dumb enough to think that this is a slap against those who this is to benefit?
Cut the pork! And there are actually people here who actually believe that the Obama plan has saved us all from the coming collapse that is screaming down the road towards us? Again how stupid can people be?
I know like many here what is actually going on but my fears are verified every day, that people are too uninformed to make real or smart decisions. The US is doomed for what has been bred into peoples ideals….
Obama has said and promised so many things….but his supporters have gotten nothing but they still support him- why?
From Rep. King: "This is phony hypocrisy," he shot back. "They could pass the bill right now if they wanted to."
Originally posted by Section31
Originally posted by Come Clean
Here is my liberal issue. You guys won't give the President credit for anything. The only thing you give him some resemblance of credit is increasing troop strengths. The only reason you do that is because the GOP can't bail out on starting two illegal wars. There are not even wars. We never declared war against them. It's two illegal occupations that Bush and the puppet master Cheney started to line their pockes with blood money.
Hmm... Last time I checked they were both legal. One war was provoked on 9/11/2010, and the other was provoked from 1990 through 2003.
When I comes to giving Obama credit for anything, I 'currently' do not see too many outstanding positives. Many of his policies and reforms are opposite of what our fellow U. S. Citizens currently want.
Article I, Section 8, Clause 11 of the United States Constitution, sometimes referred to as the War Powers Clause, vests in the Congress the exclusive power to declare war, in the following wording: