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Author Topic: **Obama to propose $300 billion to jump-start jobs**  (Read 1624 times)
Coach Hank Crisp
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« on: September 07, 2011, 08:18:07 AM »

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WASHINGTON (AP) — The economy weak and the public seething, President Barack Obama is expected to propose $300 billion in tax cuts and federal spending Thursday night to get Americans working again. Republicans offered Tuesday to compromise with him on jobs — but also assailed his plans in advance of his prime-time speech.

In effect, Obama will be hitting cleanup on a shortened holiday week, with Republican White House contender Mitt Romney releasing his jobs proposals on Tuesday and front-running Texas Gov. Rick Perry hoping to join his presidential rivals Wednesday evening on a nationally televised debate stage for the first time.

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pmull
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« Reply #1 on: September 07, 2011, 09:12:51 AM »

I hope it works. But I have my doubts. I expect $200 billion to go to the government to oversee the program and another $50 billion going to pork projects to help get the proposal passed. That leaves $50 billion to go to company's with a union workforce that is going to go out of business anyway or relocate out of the country to avoid the union.

I really hope the money is spent on tax breaks and incentives to grow private business. Small companies employee the majority of the US workforce and they need a break to help them through the tough times and get the economy going again.
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Coach Hank Crisp
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« Reply #2 on: September 07, 2011, 09:21:13 AM »

The government needs to back off the regulations it imposes on businesses and get out of the way. Govt can not create jobs per say. This leadership will do neither. All he wants to do is purchase votes for next years election.
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