Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Monday, April 05, 2010
How Growth Could Change The MidTerm Elections?
Obama learned from the great Depression Republicans did not and will go down again!
If the economy recovers the Republican's fate is sealed: It remains to be seen but I have been hearing that the recession is over and jobs are starting to be added. I heard it may be as much as 190000 jobs added though consensus is 180,000. Any way you look at it hiring in many Dtates is up. Non-Farm Payrolls Preview - April 2nd
All along many of us have been saying the extreme hateful vitriol will continue to burn them and they insist on running on it. Good for them good for us. If the economy recovers their fate will be sealed as they have been nothing but defeatist for Obama and the plight of average Americans and our America. How Growth Could Change The MidTerm Elections
You know I and I am sure others have been saying from the beginning of Bush's economic disaster that under GW Bush America was turned into a country with two obvious economies. Bush started the bailouts and President Obama continued the program. Wall Street was bailed out along with the rest of the system that sustained our system of Capitalism. The stock market recovered.
It was widely reported that total collapse and disaster was averted. The economy of the affluent was rescued "supposedly" I and others kept asserting that the average Americans economy now had to be rescued. With millions of lost Jobs, millions of lost homes, millions of homeless, and millions with no insurance, we knew a jobless recovery was a fallacy unless.
I am not the only one that cringed when I kept hearing of this thing called a jobless recovery. What is a jobless recovery? That is no recovery at all. We kept saying the first step to a recovery especially jobless would have to begin with the passage of a health care Bill. We kept hearing this one was no good but it is, that is why Republicans were against it.
32 million picked up immediately, no more shutting you off if you get sick, no more caps on coverage, your kids will be covered till age 26, I think this is a heck of a start. Now we have to be vigilant that everything is going according to plan and the abuse by insurance companies and all interests gaming the system are stopped.
Now we can begin to rebuild our economy and are! Time to rebuild average Americans economy and against the wishes of Republicans restore our America and narrow the gap between the haves and the have not's the last President purposely widened and turned into a chasm. Health care reform is passed is great for many average Americans and Obama is selling it. The economy is looking up. Let's get on with the recovery of our economy.
James Joiner
Gardner, Ma
http://anaverageamericanpatriot.blogspot.com
Friday, January 25, 2008
Complicit Congress gives in to Bush as will the Complicit Senate as all fail to see the reality of the facade of concern while the true fix is ignored


I don't friggen get it! They've always been an embarrassment. Anyway he says: So in an election year where they could distinguish themselves, they have humiliated themselves. Actually trying to out-spend Democrats on stimulus they know will be brief, and have no problem being brief. They didn't out do themselves as usual they cut the poor short and gave to businesses. he said: Think about that.All those who have signed onto this $150 billion stimulus package know that it's a one-shot deal, a government-sponsored quick pick-me-up. They know the history on these things. no kidding I say no kidding! Remember who the Decider is!
lastly he said: The economy benefits will last about as long as my sugar craving And the government that Republicans say they wanted to get out of people's lives ends up ruling people's lives. Republicans lost Congress and have lost their way.Today they lost the presidency losing something else: Their soul. I have to agree that the benefits to the economy will be minimal at best, another wingnut dead wrong again
My God, I can't believe he doesn't realize everything is going as planned. Saying the right thing is merely to cover the real agenda of total control over average American's. True Conservatives have lost control don't worry conservativism, like Democracy and Religion are mere tools to be perverted as Bush's hidden agenda is followed. With his term running down it is about to unfold!
As we knew would happen the House has surrendered once again! Tens of millions Americans will have a check in the mail," House Speaker Nancy Pelosi, D-California, said at a Capitol Hill news conference. "It is there to strengthen the middle class, to create jobs and to turn this economy around." House Minority Leader John Boehner, R-Ohio, said, "I'm looking for quick action in the House. I hope that the Senate will follow quickly so that we can put this money in the hands of middle-income Americans as soon as possible."Speaking a few minutes later at the White House, President Bush said the package will "boost our economy and encourage job creation."
Sources on Capitol Hill and at the Treasury Department said the plan would send checks of $600 to individuals and $1,200 to couples who paid income tax and who filed jointly. People who did not pay federal income taxes but who had earned income of more than $3,000 would get checks of $300 per individual or $600 per couple. Those who earn up to $75,000 individually or up to $150,000 as a couple will be eligible for the payments, said Republican and Democratic sources familiar with the tentative deal. The agreement includes a robust package of business incentives and help for homeowners facing possible mortgage foreclosures. The Treasury Department still must analyze the numbers to determine the price tag of the stimulus package, sources said. The worthless House incentive plan
* Knowing that $600.00 will buy less than a months heat for our houses in the Northeast I would say this so called bail out will help the Businesses and Bush who will once again have the facade of concern for average Americans and doing the right thing, wrong! In the long run it will be worthless for our economy but with the $150 to $250 Bullion being borrowed from China it will benefit them ten fold. Not only do we have to borrow the money from them but most they make most of the products we buy so they will beginning to end be the prime benefactors thanks to Bush's wars and mismanagement!
* From the House the Bill goes to the Senate where I have heard the right thing voiced but Bush is happy with the package so you can bet he will push this through and if Deocrats look to help Average Americans or otherwise impede the little slime he will put a puclic outcry out to the people there by holding them Hostage to his demands once again. The Senate just caved in again as A White House plan to broaden the National Security Agency’s wiretapping powers won a key procedural victory in the Senate on Thursday, as backers defeated a more restrictive plan by Senate Democrats that would have imposed more court oversight on government spying. The vote moves the Bush administration a step closer toward the twin goals it has pursued for months: strengthening the N.S.A.’s ability to eavesdrop without court approval, while securing legal immunity for the phone companies that have helped the agency in its wiretapping operations. Complicit Senate gives in to Bush's wiretapping demands
* They will cave in to his demands on this so called incentive plan to help middle class American's and strengthen our economy. Meanwhile as I keep trying to highlight, what would really strengthen America and our crumbling infrastructure will again be ignored until another crisis occurs. We know from recent past experience that the people will be placated and nothing will be done. Remember the Bridge disaster in Minneapolis. Nothing has come from Bush's promises as expected and the State is still working on what to do it themselves. Knowing that Maintenance on highways, bridges, dams, and water treatment systems is a convenient place to cut corners when politicians need to appear tough on spending, since the results of routine upkeep are not flashy. But perpetual underfunding and deferred maintenance accelerates structural decay and contributes to disasters, as in the cases of the New Orleans levees or Minneapolis bridge. It’s time to make planes, trains, and automobiles safe again and restore the jewels of American ingenuity and engineering.
Our bridges are crumbling. 590,750:Number of bridges in the United States. 160,570: Number of bridges in the United States rated structurally deficient or functionally obsolete* as of 2003. It’s not just bridges. The 50-year-old interstate highway system is decaying and in need of modernization, too. Funding levels aren’t even adequate for basic maintenance. And it’s not just bridges and roads. Infrastructure of all types faces neglect and funding shortfalls. Tunnels, Dams, everything is failing and Bush wants to ignore it while giving the wealthy back more taxes? If he cared about Average American's and our America not his, he would do just what I suggest. How can he be this openly ignorant?
** With yesterdays rate cut of of 3/4 of a point that was called unprecedented and significant along with proposed tax incentives and indications from the Fed that there is more help coming if needed I have to say that there will have to be more help to come because this will get a lot worse. With that said there is any easy answer to this that will of course be ignored but would kill at least 2 or 3 birds with one stone. *There is an easy long term 2 part fix to this if helping average American's and our America was Bush's goal.
1. It seems to me that like everything else Bush does his plan is counterproductive. As usual he wants to help those that do not need it and ignore those that do in his creation of a new societal order! This will be a big fight and Bush will cry again until he gets his way. I say give a rebate to the 44 million households who would put it right back into the economy and under Bush's plan would get nothing. I do hear a move in this direction but we will see. Anyway The wealthy will just save it as they do not need it to survive which is purposely getting harder for average Americans under Bush.
2. Put average Americans back to work in meaningful constructive jobs that would rebuild our America and her failing infrastructure. The Interstate Highway System turned 50 last year, but the government neglected to give the system a much-needed birthday present. The government at all levels consistently underfunds infrastructure projects, from dams, bridges, and highways to aviation, railroads, and water systems. The tragic collapse of the I-35 bridge in Minneapolis was a wake up call to pay attention to our decaying infrastructure. But really, this bridge is the third wake up call for the United States to reevaluate how we treat critical infrastructure. The first was 9/11, which showed us that infrastructure is vulnerable to terrorism. Hurricane Katrina was a second wake up call, which showed us that infrastructure is vulnerable to natural disasters. This time, we know that infrastructure is vulnerable to use, age, and neglect. along with growing corruption as proven by Boston's Big Dig Boondoggle and we see examples of daily.
** I am sick of Bush mismanagement and Democratic complicity! We have been failed by our State and Federal Officials on every level and a rate cut or tax refund is not going to get us out of this still developing problem. We are helping the Chinese not us! We the people must actively get involved and be an active part of the solution. The corruption also must be stopped and we have got to be able to hold all parties including the Government accountable for criminal negligence and corruption!
James Joiner
Gardner Ma
Labels:
America,
America's failing infrastructure,
China,
economy,
tax rebates
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