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View Full Version : Obama buying jobs with borrowed money


Con1
March 8th, 2009, 7:52 pm
March 8th, 2009 Obama touts his “job creation” (http://conunderground.com/)
Once again Obama has just demonstrated to the world that he just doesn’t get it. In his speech to the graduating class of the Columbus Ohio Police Academy, Obama touted what he believed are the job creation benefits of his ridiculously titled, “Economic Recovery Program”. He correctly pointed out that the program pays for jobs for Fire Fighters, Police Officers, Teachers and, due to funding of some highway programs, also the hiring of a few construction workers (it isn’t known if they are the “white construction workers” (http://www.youtube.com/watch?v=opxuUj6vFa4) so hated by this administration).


Hard times call for innovative ways to stretch municipal budgets

While all of these new jobs are probably welcomed by the various municipalities, the argument that they are actually needed is one that is far from settled. Many municipalities with small budgets use volunteer fire fighters, volunteer EMS technicians and part time Police Officers who are deployed at critical times during the week. But I guess that it would really be “Unpatriotic” of me to suggest that, like the rest of us, governments tighten their belt and use creative methods to stretch their budget dollar. Are we or are we not in the “worst economic disaster” since the Flood? Well if we believe Obama and the Democrats then why not ask US Citizens to “share the sacrifice” as Obama is so fond of saying and pitch in as volunteer police, ambulance, fire fighters etc? That would save the rest of us a lot of money that we would then spend on products form real companies that create real jobs for real economic growth!...................
Concepts such as accelerated depreciation, or tax incentives for capital expenditure, or say a further temporary lifting of all drilling bans, or the reduction of taxes on oversees investments and revenues -which created over $350B during the Bush administration, are as anathema and repugnant to him as say, having to actually work for a living.


Is Obama intentionally ignoring measures to help the economy?


Now, please understand that I am being kind, because the only other alternative is to actually believe that he understands how important those concepts are to our nation’s wealth building process and chooses to do otherwise! That is a real danger and it no longer appears to be as far-fetched an idea as it once seemed........