Moody's: Obama jobs plan will create 1.9 million jobs

I've always conceded that any government spending could conceivably create jobs. My contention has always been that though jobs may be created, it does not represent a NET benefit to the economy. The research papers I have provided support that contention.

I can find economists who think the stimulus was a net loss to the economy, which is all I've ever sought to demonstrate.

 

How are the people going to effectuate this change? We only get to pick from a select group, at least for prez, and that group is whittled out by speical interests, mob, insert any other money donating entity you wish.

The rules have to be changed and only the gov't can change the rules. Its a catch 22!

 

$235K per job is not a "drain on society" ?

Drive around some. The roads and highways are OK. They are not "crumbling". There is money being spent now, as there always is, to fix what is crumbling. And we just got through spending over $800 T on "shovel ready", which was apparently really a big joke.

Government is the problem. More government is more problems.

 

More lies from Eighty Deuce... we didn't spend $800B on shovel ready jobs. WE spend $300 billion over the span of 2 years on jobs. The rest was tax cuts.

 

So your long bloated answer is, you'd rather them at home collecting unemployment and welfare.

 

By voting in politicians who subscribe to a classically liberal or libertarian philosophy of governance.

Like I said, the philosophy of natural rights, Federalism, and individual liberty must be cultivated in the populace before any real change can occur. I'm not sure that it will happen, but that's what needs to be done.

 

some can only spew what limbaugh drips.

 

No kidding?

Don't tell me.

Tell that idiot in the White House who has never so much as run a lemonade stand in the private sector.

But he is a typical lib who thinks he's qualified to micro manage private businesses from his lofty perch in the Oval Office.

Never mind the bailout of GM and Chrysler where he ended up owning the companies.

This year he is lecturing the auto companies about what kind of cars they should build as if he understands the auto market and they don't.

As for the estimates that you want to disassociate Obama from, if they had turned out to be accurate you'd be here today saying "See, he told you so!"

It was an executive decision to invest $535 million in a solar panel company that went bankrupt.

Obama's decision.

When will he take responsibility for that mistake?

 

Again Obama is desperate.He knows that it is now practically impossible
to get reelected with unemployment where it is.And that there isn't
time to move it down much.So he has to pull something.Find a way for
his Office to demand more stimulus and pay for jobs that aren't gonna
do anything but help this guy get elected.Those artificial jobs may help
those unemployed but I bet most will be union types like SEIU Teachers.
It's not a Jobs Plan but a How to Get Reelected Plan.
You don't create Jobs just for the sake of having jobs.
Just like you don't go to school just to say you attended class.
That's why this country is in trouble.
We have a Feckless Boob at the helm.

 

Well look ! If its not Beavis and Butthead and a boatload of circle-jerk stupidity !

Let's clue in the *******s. The options are not to either spend $235K of our money on each useless temporary job OR for folks to forever be unemployed. It is to enable the private sector to expand.

Obama despises the private sector. Obama is for big government. It is why Stimulus was a giant fail. It is why more spending will not happen nopw that sanity is back in the House. It is why liberals are being thrown out of office after the 2012 elections.

 

Let me know when your taxes increase to pay for this stimulus!

 

A well reasoned and much more realistic assessment of Porky's Revenge:

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Never forget, America.

 

I'm still waiting for the jobs plan from the House or Senate GOP...

 

Obama wants us to believe he is a great administrator by unveiling this stimulus plan.

What he did not tell us is that he intends to spend $447 B to create 1.9 million new jobs.

If this is true, the jobs Obama will now create will cost the U.S. tax payers $235,000 for each new job that is added to the workforce.

Somehow, Obama great plan for reviving our economy does not seem so great after all.

 

all of the Keynesian economic policies has sure helped Europe out ....not

why libs insist on policies that have been proven failures is beyond me

 

Why do people argue with people that don't care? They don't care if unemployment is high, that the economy stinks, that there is a bridge between Wisconsin and Minnesota that people are so afraid to drive on that they would rather drive 15 miles out of their way than to drive on it. They also don't care that Obama proposes bills filled with things they were previously in favor of but are not now because it is in an Obama proposed bill. All they care about is winning a year from November. If our country has to burn as a result, then so be it.

 

See my sig. If we the people keep pointing fingers, they, the politicians and there big money donors win. Pretty simple actually.

 

No matter which way they spin it, this republican plan will only sound good in the sound bite. Fact is every politician knows that it that the conservatives will vote it down. Not becuse it is the right thing to do, but because they will vote down anything that comes from Obama and the liberals, even if it is their own conservative ideas.

Fact is what Obama is proposing (Being conservative) will only create more debt for the future of each US State. It will start construction projects that States will need to pay for to complete, and it will create a larger more exemsive public school system. If you think you pay a lot in taxes now for your State public school, just wait to see what happens when the government gives more money to public school education. They will hire more people and create a larger government employee union, with even a more powerfull footprint on the taxpayer and government.

No matter what happens, the only ones who will benifit will be the investment banks and shareholders. Why?, because, when the States go farther in debt, and they sell of more muni bonds to suppliment their addiction of taxpayer money to pay for education and other projects, they will pay more money in interest as their debt grows. FYI: just like anytime you borrow money, interest rates go up when you have a larger debt, as debt goes up the risk gets greater that you will default. Hence the banks will charge higher interest rates to the States. All ready some states school districts are paying massive interest to banks at BBB+ rating because they are likely to fail. At any rate, all this talk of job creation is leading down the same path to failure. But, if you are an investment banker that makes a living off the power school districts have over the taxpyer, you can only make more money.

So as you see this does stimulate economic growth. More capitalization on the taxpayer.

trickle up unemployment=the last ones to feel the effects of unemployment will be the county's top investors.

 

I am still waiting on a link to the details of Obama's plan, after all if Moody's can make detailed job estimates it must exist somewhere

 

Will the state be mandated to take the money? Or can they give a pass?

 

CNN is reporting it would create 1 million jobs. That changes it to $447,000 per job.

Jobs plan may create 1 million jobs - economists

http://money.cnn.com/2011/09/09/news/economy/obama_jobs_plan_impact/index.htm?iid=HP_Highlight

 

It is always good for the individuals who have work, but I can't understand how government money, which is tax payer money, can be considered the same as truly private production based jobs? Sure, if the money was created out of thin air by the government, it would make sense. Like China does. But the fact the money is basically loaned from the FED, with interest, makes it even worse than if it was cash on hand. Surplus money, if you will. Our nation's problems have stemmed from band aid, after band aid, being placed on the bleeding wound of globalism. At what point do people realize with the people in charge, republicans or democrats, we are going to bleed out? Contrary to popular belief, nations do die.

 

This reminds me of the hyper partisan rhetoric from Democrats and Liberals during the 2004 and 2008 election.

How trite that after setting the partisan political bar to all-time lows after the 2000 elections and during the eight years of the Bush administration, Liberals and leftists now cry foul when their own tactics come back to haunt them.

Obama is constantly given a pass by the lamestream media for the very things Bush was denigrated for. There was far more bi-partisan legislation during Bush's Presidency than we will ever see in an Obama Presidency and the reasons for that are as plain as the stuck up noses on the Liberal left.

Obama has been the most divisive leader this nation has ever seen; he has championed class envy rhetoric, bashed the major corporations of America who employ many millions and pay vast sums in taxes; he has denigrated his political opponents and he has denigrated individuals who correctly believe they are Taxed Enough Already.

Please Liberals, spare us from your disingenuous and hypocritical whining. It was your guys who set this low standard when they acted like babies during the 2000 elections and when they denigrated the efforts of our troops in Iraq after they voted to send them there.

Nothing can be more despicable than seeing the morons who set the lowest political partisan standards during the Bush years now cry foul.

Bush was trashed for high gas prices and denigrated as a crony for Big oil; under Obama's watch, nary a word.

Bush was trashed for keeping Gitmo open and denigrated as a war criminal; under Obama's continuing the Bush agenda, nary a word.

Bush was trashed for increasing troop strength in Afghanistan and Iraq; under Obama's continuation of Bush policy, nary a word.

Bush was savagely criticized for spending the nation into a $400 billion deficit which had been reduced to $161 billion when Democrats took over. Under Obama's watch, the budgets have exponentially ballooned to over $1.6 trillion and climbing, and suddenly the lamestream media claims it is necessary.

Bush was savaged for not creating enough jobs on his watch even with unemployment around 4.5%. Under Obama's watch, the lamestream claims it is still Bush's fault we have negative job growth with no end in sight.

So please spare me your crocodile tears over a man so obviously unsuited for any job beyond "organizer." The Democrats wrote the book during the previous administration and is now having their idiot rhetoric rightly shoved back into their faces.

 

There you have it folks; forget the failures of the previous efforts to throw $1 trillion tax dollars into the toilet; we need more feel-good idiot measures just like it.

There's an old saying that comes to mind when watching Liberals spin their failed ideology and frame it as being conservative; if you always do what you have always done expecting different results, you just might be retarded.

 

^^ someone who gets it.