As of now, I am in control here, in the White House

Quote of the Day || September 6, 2011

This Thursday night, I’ll propose a new stimulus plan to save the economy. And I’ll also unveil my new strategy for treating heart disease with steak.

– Barack Obama

A note from our attorneys: This is not a real quote

18 Responses to Quote of the Day || September 6, 2011

  1. I found this comment in a Business Insider article which I feel says it all. My sentiments exactly but the credit for these words goes to Glenn Reynolds, blog host of Instapundit.

    “The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits—self-discipline, the ability to defer gratification, etc.—that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.”

  2. According to CongWasserman-Shultz(D), who was featured on MorningJoe(MSNBC) this morning, our economy is doing just fine and millions of jobs have been saved by this most-excellent PresidentObama.
    Staring into the camera, looking every bit like a cross-eyed deer, she intones the belief that rebuilding roads and bridges in the eastern part of the US will “jump start the economy” and put contruction workers back on the right track.
    It probably would make the construction industry’s job numbers raise, but it wouldn’t mean a thing to the other 19,500,000 unemployed people in the US.
    Laying new asphalt on the roads in Peoria, IL isn’t going to create one job in Peoria, AZ.

    • I caught her on Fox and she was ask point blank about Hoffa’s remarks and went into the same reply we are interested in jobs blah blah blah. She refused to answer the direct question and that to me is
      tacit approval. I still cannot believe they continue to take American’s as fools. They do at their own peril. If I were the speaker I would pull
      out of the Thursday fundraiser and not be props for Obama 2012!

    • Absolutely right srdem. The ridiculous ‘infrastructure bank’ of Obama’s is nothing more than a union slush fund to keep his circle of graft and corruption going. How is a construction job going to help a 60-something unemployed office worker who has never been a union member? Not at all. Obama has mandated govt projects go only to union shops, so the die is already cast.

      • Even in the construction industry–the big cos that are govt contractors (a huge process) snarfle up these contracts and add them to the list to get to when they can–they don’t suddenly hire 100,000 people. When the highway gets done, then what? Even the so-called payroll tax cut (undermining SS even more) doesn’t help most selt-employed people or self-unemployed as we are now when companies are frozen and won’t start projects.

  3. Sooner or later the Republicans are going to have to contend with their trivalent logic, which goes something like this: “We will take government out of your way/government cannot create jobs, only the private sector can create them/ Mister President, where are the jobs??”

    You will by now have noticed how cagey the Republicans are being about what they would do for the economy, doubling down on their boilerplate while denying how the economy crashed in the first place. It was not government regulation or high taxes that somehow squeezed the juice from the lemon. The economy convulsed during a conservative era: low taxes and hands-off of Wall Street. The latter gave the wealthy a sandbox to shit in, the former is why the government doesn’t have the money it needs to do pour gas back in the tank.

    The fact is, the Republicans do not know at all how to get things moving again, because there simply is not a quick fix. The “unpredictability” that has become the catch- all diagnosis for why the private sector can’t restore employment is just a Madison Avenue way of stating the obvious: no one knows what the future holds.

    There are no substantive regulations holding back employers. Personal tax rates already favor the rich, and labor is as cheap as it is going to get, owing to the fact that there aren’t many more manufacturing jobs left to be shipped overseas.

    So, we are living in conservative Utopia, and things are still crap. This is the express reason why the Republicans are so gung-ho on the debt: they simply have nothing left in their bag of tricks, having accomplished all their other goals. But shrinking the debt now when even the private sector is calling for stimulus is exactly the wrong way to tack in this storm.

    So the Republicans have checkmated themselves. Government cannot get any more out of the way, and it isn’t helping.

    The next and greatest desperation ploy is now being floated: a corporate tax holiday that will allow corporations like Cisco and Google to repatriate their offshored profits at a huge deduction from the normal rate. It has bipartisan fans, including Chuck Schumer, but this too is a recipe for failure. It has been tried before, in 2004, and the results were that nearly all the loot was pocketed as dividends and bonuses, with no credible job creation.

    With the two parties trying to outdo each other in spilling blood, an opportunity for Washington to come together and make a private-sector based stimulus such as the tax holiday actually WORK for the American people–by compelling job creation from the resulting windfall through serious legal consequences for duplicitous corporations– is bound to be lost.

    • Death Ray…..Boy, who gave you all of those “facts”? Either you’ve been drinking something or smoking something. What ever it is you had better lay off or your brain will srink. My 8th grade granddaughter could counter every lie you wrote. Now put down the pipe/glass and start the repair.

        • I have been self-employed for 34 yrs…but no, no companies are starting things, need brochures, need articles for their magazine startups, or will even pay above Subcontinent prices for freelance anymore–a hundredth of what we once got…Yes, we used to make $500 for an article they now want to offer $5 for. I have many national samples–WashPost, Travel & Leisure, Arizona Republic (former columnist), Newsweek even (back in the day before Tina)…five bucks, five bicks, five bucks. Don’t EVEN get me going on this! I have written my own materials (so far on Concussion and on eye surg aftercare) and am offering those for sale–I am offering MYSELF five bucks! I could cry…

  4. His plan is to do the same thing he did last time. And then do it again. And then do it again. And keep doing it over and over until it finally works.

  5. oh, I wish you hadn’t put it like that, Keith! I’m thinking of the Atkins diet, which does exactly that: prevents heart disease by eating red meat, cream, and shellfish.