Category Archives: Stimulus
Private Sector Doing Just Fine Until the Rape and Murder Begins
Unable to push Obama’s jobs bill though the Senate, Democrats shoved it through the chipper instead and hope to pass it piece by piece. Wednesday’s piece was money for the public sector. Harry Reid said this is important because “the private sector is doing just fine“. Joe Biden deflected heat from Harry’s howler by threatening murder and rape if we don’t pass this piece of… legislation right away.
Here are some job numbers since Dec 2007 from IBD: private sector – 5.4%, public sector at all levels – 1.75%, public sector federal level +2.29%. Also, Bloomberg reports the average federal salary in Washington, DC is $126,000.
Whistle While You Work
Bloomberg reports Solyndra’s boarded up factory was lavish and spa-like, complete with whistling robots.
Solar Nexus
The president hasn’t had much luck with his plan to raise taxes, increase stimulus, and direct the green economy. This week his problems seemed to converge on the Solyndra scandal.
Pass it Now, Right Away, Don’t Delay
President Obama’s jobs program calls for another $45o billion of the spending that dare not speak its name. That name would be “stimulus“. He wants it passed immediately – “no games, no politics , no delays”. And he wants it paid for by ending charitable deductions for the rich, capital gains tax rates for hedge fund tycoons, oil industry deductions, and of course, breaks for jet owners.
Unless Congress gets with his plan, unlikely, he says it’s up to the “super committee” to come up with other offsets. Right away.
The President’s Speech
It’s settled. The president’s latest big jobs speech will not be ignored in favor of the Republican debate on Wednesday. It will be ignored in favor of the NFL opener between the Packers and the Saints on Thursday.
