Barack Obama will unveil his new jobs program tonight and it’s shovel ready. Ready for a shovel, that is. It will look very much like the 2009 stimulus except that Obama will employ the crafty J. Wellington Wimpy strategy:
“I’ll gladly pay you Tuesday for a hamburger today.”
President Barack Obama plans to propose boosting job growth by injecting more than $300 billion into the economy next year mostly through tax cuts, infrastructure spending and direct aid to state and local governments.
And here is the Wimpy strategy:
Obama would call on Congress to offset the cost of the short-term jobs measures by raising tax revenue in later years.
As in after the next election, which is when most of the painful Obama actions spring to life.
As predictable as a democrat spending more money, Obama will propose the extension of unemployment benefits and cuts in payroll taxes. It is also thought that Obama might adopt a worker training program originating in Georgia.
To address the problem of long-term unemployment, Obama will likely propose a national program, modeled after a Georgia initiative that allows workers who receive unemployment insurance to train for jobs at businesses at no cost to the employer. Obama, at a town-hall meeting in Atkinson, Illinois, last month, called the Georgia Works initiative a “a smart program.”
Naturally, the left objects to any program that could include work for receiving monetary benefits.
“I am writing to convey the AFL-CIO’s continuing and serious concerns about the existing Georgia Works program and any expansion of the Georgia Works model,” AFL-CIO president Richard Trumka wrote in a Thursday letter to U.S. Labor Secretary Hilda Solis.
“I am also requesting that the Department investigate the Georgia Works program to determine whether it is in compliance with federal law and conduct a full audit and evaluation of the program’s operations to determine its impact on workers and their communities,” Trumka continued.
Obama Press Secretary Jay Carney assured that Obama’s speech could possibly include “some new proposals that you have not heard us talk about.”
$800 billion two years ago didn’t work so obviously one third of that will surely work.
Unemployment benefits and payroll tax cuts do not create jobs.
Meanwhile, corporate CEO’s want Obama to simply get the hell out of the way.
We asked several CEOs leading up to the speech what bold steps Obama could take to reduce the 9.1 percent unemployment rate.
John Schiller, chairman and CEO of Energy XXI, said “if the government would get out of the way, from a regulation standpoint, and let us [XXI] do what we do good you’ll see us continue to hire and grow this economy.”
DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education.
DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed.
Except for liberals being foolish.