January 03, 2010
— Purple Avenger Headline: "Will latest jobs bill really produce jobs?"
Subhead: "More spending is certain, more jobs are not in Democrats' new jobs bills"
...The job creation issue is complicated. Much of the money in the House bill goes to programs that may stimulate the economy but don't appear to directly put people to work...So, if all this Stim v1.0 money is still parked in Washington fiddling while Rome burns, enacting a Stim v2.0, that even the Associated Press (the propaganda wing of the DNC), seems skeptical about, is supposed to be better? This bungling insane clown posse can't manage to get the Stim v1.0 money pushed out into the street, and that monstrosity was passed about 10 months ago, and we're supposed to believe they do any better with Stim v2.0?...Even the investment in "shovel-ready" highway and bridge projects may not immediately translate into a reduction in the nation's 10 percent unemployment rate.
Republicans cited government figures showing that, as of Sept. 30, only 9 percent of $27.5 billion for highways in the first stimulus bill had been spent. The Congressional Budget Office estimates that of the $39 billion in the new House jobs bill directed to the departments of Transportation and Housing and Urban Development, only $1.7 billion will get spent before next October...
This is just more magical thinking. As the AP article notes elsewhere, a LOT of this Stim v1.0 money isn't doing "new stuff", that would actually like...create some jobs, the states and people getting it have been using it as a cheap book keeping trick to offset declining state tax revenues. I suppose these are the mythical "saved jobs" creatures rumored to lurk in the hinterlands somewhere up above the snowline...kinda like Yeti or Bigfoot. Rumors, just the idle moonshine and Sterno fueled talk of ignorant townsfolk and vagrants.
More spending is certain, more jobs are not
Posted by: Purple Avenger at
07:01 AM
| Comments (106)
Post contains 341 words, total size 2 kb.
Posted by: Obama at January 03, 2010 07:05 AM (GfYt/)
Posted by: gomm at January 03, 2010 07:09 AM (Ibk1S)
Rage against the Machine!!!
Posted by: LC LaWedgie at January 03, 2010 07:11 AM (kb0wl)
Posted by: JavaJoe at January 03, 2010 07:12 AM (e9JZd)
Posted by: Obama at January 03, 2010 07:14 AM (GfYt/)
TI contracts with Taiwan Semiconductor for fabs in 5..4..3..2..
Posted by: Purple Avenger at January 03, 2010 07:15 AM (wtWp8)
Posted by: Frank G at January 03, 2010 07:15 AM (I+To0)
At this point, I know the MSM will never support a Republican, but are they trying to hammer Obama as a sort of pennance for 2008, or are they trying to force his numbers down so far, somebody like Hillary would run in 2012?
Posted by: eddiebear at January 03, 2010 07:19 AM (JlwJV)
Posted by: Barry O! at January 03, 2010 07:21 AM (QECjC)
Posted by: Jean at January 03, 2010 07:22 AM (xCBQ4)
Posted by: Jayne on the left coast at January 03, 2010 07:23 AM (TbTOW)
O/T Since there's no open thread, I'll add it here. The FOX All-Stars gave predictions this morning and Nina Easton predicted the dems will lose the senate but narrowly hold on to the house. She said Reid, Dodd and Boxer are goners. However, Ms. Easton predicted the loss will so rattle Zippy O's crew so much that he'll start governing from the center.
Ha, ha, ha, ha. A Marxist in charge of the US governing from the center.
Posted by: RushBabe at January 03, 2010 07:24 AM (LKkE8)
It's storybook, man.
But don't forget this: Jobs is a nagging indicator.
Posted by: Joe Biden at January 03, 2010 07:27 AM (W+E+o)
Posted by: Onumbnuts at January 03, 2010 07:27 AM (VvjxA)
Ok, that ditz editor from Salon....but anyone else?
(BTW, still waiting for that blockbuster AP fact-checking report on Sarah Palin's book.....)
Posted by: bigpinkfluffybunny at January 03, 2010 07:29 AM (KWhJd)
The AP is clearly racist!
OsamaHusseinIslamObama 2012'
(the terrorist-Uighur-ACORN-media choice)
-It's never too early to campaign-
Posted by: Barry Soetoro (D-King OF The World!!!) at January 03, 2010 07:33 AM (FZQhf)
Let's start a pool. Where does Barry flee in exile? My money's on Indonesia.
Posted by: MarkD at January 03, 2010 07:33 AM (nur8S)
Posted by: Sheriff Joe Biden at January 03, 2010 07:33 AM (JFNQ7)
Posted by: CoolCzech at January 03, 2010 07:35 AM (QECjC)
You could try to dump $10T on the street tomorrow and any significant affect on the construction worker employment wouldn't hit until after the election. As Frank noted, the bidding process, enviroimpact studies, acquisition of land, etc consume huge amounts of time prior to the first shovel ever being deployed because there is no such thing as "shovel ready" for projects that haven't already broken ground.
Posted by: Purple Avenger at January 03, 2010 07:35 AM (wtWp8)
I honestly don't believe he does....and you won't see ANY improvement in the unemployment numbers until the OJT President and his cohorts in crime in Congress (and that includes several Republicans) figures it out.
You have to increase taxes in order to continue spending and increasing taxes simply shuts out the small businessman from starting or maintaining his business. Giving him money isn't the long term answer. The same goes for state bailouts - like the one Californicate is in line to receive this month. Giving the states money only postpones the inevitable. They'll all be just as broke and in need of MORE inside of one year.
Maybe it makes political sense - Democrats love buying votes - but it certainly doesn't make ANY economic sense.
Posted by: Dell at January 03, 2010 07:37 AM (PFMmF)
9 As a Project Manager/Senior Engineer for a large southwestern CA city, let me say: "shovel ready" is bullshit.
Frank, it is very much the same here in Florida. The construction end is hurting, to be sure, but the survey and design portion is really hurting. Got layed-off this time last year and I really don't see much happening any time soon.
Posted by: Tommy Gunnar at January 03, 2010 07:37 AM (rQTdM)
I dunno. Would Michelle like Kenya? Or is that too close to his broke relatives?
Posted by: bigpinkfluffybunny at January 03, 2010 07:38 AM (KWhJd)
Posted by: gomm at January 03, 2010 07:38 AM (Ibk1S)
Posted by: CoolCzech at January 03, 2010 07:40 AM (QECjC)
Posted by: nyc redneck at January 03, 2010 07:43 AM (5LbDW)
Posted by: TexasJew at January 03, 2010 07:44 AM (dcKUM)
They DID NOT do that though. Instead they opted to push money out fast into the soft social services sector, which didn't create any jobs, and just sucked up the money like a sponge.
Its also well known that ~80% of the job losses were male, ~20% female (due to the heavy biasing of construction losses). In spite of this, the insane clown posse allowed NOW to lobby the distribution of money in Stim v1.0 such that it would be biased 60/40 male/female. NOW has explicitly bragged about the success of this lobby effort in biasing Stim v.10 towards women and the squishier social services spending.
If the rank and file in the construction trade unions ever get savvy to this backroom NOW swindle that was pulled on them, there will be hell to pay in the voting booths. I don't think they're quite wise to it yet, but it has to be getting more and more apparent every day as their employed numbers dwindle.
Posted by: Purple Avenger at January 03, 2010 07:44 AM (wtWp8)
Posted by: Roman Polanski at January 03, 2010 07:47 AM (QECjC)
Posted by: TexasJew at January 03, 2010 07:48 AM (dcKUM)
Posted by: Mr. Pink at January 03, 2010 07:48 AM (V/EYZ)
Did you see the idiots in Hawaii on ABC this morning, though? "I love you! Thank you!" to Wee Wee the 1st during his golf outing. Absolutely disgusting. Where's a death panel when you really need one?
Posted by: Dang Straights at January 03, 2010 07:48 AM (XqYb4)
Posted by: nevergiveup at January 03, 2010 07:48 AM (ekqTc)
Posted by: CoolCzech at January 03, 2010 07:49 AM (QECjC)
Posted by: nevergiveup at January 03, 2010 07:50 AM (ekqTc)
Posted by: sherlock at January 03, 2010 07:54 AM (ktKOD)
Posted by: AbdominalSnowman at January 03, 2010 07:54 AM (pla1I)
Posted by: AbdominalSnowman at January 03, 2010 07:55 AM (pla1I)
Government cannot and does not create productive jobs.
It's that simple. Obdumbfuck and his band of happy hacks have never created a job in their lives.
Biden? Rodham? Geithner? Chu? Jennings? Holdren? Emanuel? Murtha? Baucus? Kennedy? Kerry?
None of them have a clue. (especially Kenendy cause he's dead).
The only way economies grow is when BUSINESS GROWS.
Here is a TID BIT that may fascinate you. Government has NO MONEY. It only has MONEY that it TAKES from the PRODUCTIVE.
Government employees pay taxes from money raised in Private Industry.
Posted by: gus at January 03, 2010 07:56 AM (Vqruj)
He'd probably hole up in his old 'hood in Chicago. He could hang with Billy & Bernie, the Rev Wright, Valarie Jarrett, and anyone else who isn't locked up in the pokey.
Plus, it has better cable reception....
Posted by: bigpinkfluffybunny at January 03, 2010 07:57 AM (KWhJd)
Posted by: nyc redneck at January 03, 2010 08:01 AM (5LbDW)
That's the stock in trade of this administration. So the REAL QUESTION is "WHO ARE THEY PAYING OFF NOW?"
Posted by: GarandFan at January 03, 2010 08:05 AM (ZQBnQ)
None of them have a clue. (especially Kenendy cause he's dead).
Kennedy has a job to do here. It involves emptying an estuary with a teaspoon. He's not making much progress, but he's got a long time to work on it.
Posted by: Satan at January 03, 2010 08:05 AM (9szrE)
Government workers pay taxes too
I heard on Rush's show a couple of weeks ago that government employees owe over 3 billion dollars in back taxes.
Posted by: huerfano at January 03, 2010 08:08 AM (9szrE)
Posted by: JavaJoe at January 03, 2010 11:12 AM (e9JZd)
Actually, I am still amused that one of the selling points for Obama I saw again and again was that he was a deficit hawk who wouldn't engage in frivolous spending like Bush. I guess that is arguably true since Obama's wasteful spending is a orders of magnitude worse.
Oh, and I love the argument that the lefties use now. Sure, Obama is wasting a couple of trillion dollars a year - but Bush wasted a trillion dollars over 8 years on the WoT, so it is ok.
Posted by: 18-1 at January 03, 2010 08:11 AM (bgcml)
Government workers pay taxes with the money the PRIVATE SECTOR created.
The Government pays GOVERNMENT WORKERS with money the Government took from BUSINESS.
Simple as that.
Even a LIBTARD should be able to handle that concept.
Posted by: gus at January 03, 2010 08:12 AM (Vqruj)
Posted by: nyc redneck at January 03, 2010 08:13 AM (PZyeP)
There's some caching bug in the blog software that (seemingly) randomly causes comments to seem to disappear when an update is made to the OP. They don't really disappear, and come right back when the next comment is written.
Posted by: Purple Avenger at January 03, 2010 08:13 AM (wtWp8)
Posted by: Austin Danger Powers at January 03, 2010 08:13 AM (Bs8Te)
This bungling insane clown posse can't manage to get the Stim v1.0 money pushed out into the street, and that monstrosity was passed about 10 months ago, and we're supposed to believe they do any better with Stim v2.0?
Hey, leave us out of it.
Posted by: Violent J and Shaggy 2 Dope at January 03, 2010 08:14 AM (mCuSz)
Government workers pay taxes too, and lawyers are human beings.
Quit hatin'.
Posted by: Cpl. Hudson at January 03, 2010 12:05 PM (Bs8Te)
For the former true, but they don't produce very much.
I have a sinking suspicion that there are some lefties that believe that the government could function if our entire economy was based on government bureaucrats putting ever more regulations on the lives of each other.
As for the latter, or we talking about trial lawyers?
Posted by: 18-1 at January 03, 2010 08:14 AM (bgcml)
Posted by: Austin Danger Powers at January 03, 2010 12:13 PM (Bs8Te)
How about we just decimate their ranks with pink slips?
Posted by: 18-1 at January 03, 2010 08:15 AM (bgcml)
Libtards don't respect the people that create the money that they spend.
Obama said that "now is not the time for profits". Does the fucktard have any clue where the government gets it's money from.
You cannot tax a dry hole, and I don't mean Hillary Rodham when I say that.
Libs just can't wrap their tiny minds around simple concepts.
Government spending takes money OUT OF THE ECONOMY.
I cannot invest that which the GOVERNMENT takes.
Posted by: gus at January 03, 2010 08:17 AM (Vqruj)
The Government pays GOVERNMENT WORKERS with money the Government took from BUSINESS.
Simple as that.
Even a LIBTARD should be able to handle that concept.
Posted by: gus at January 03, 2010 12:12 PM (Vqruj)
I think we should stop talking about unemployment, and start talking about private sector employment levels.
If Obama reduces unemployment because he added millions to the federal payroll it isn't really a positive, if however we were to lay off a large number of bureaucrats it certainly would be even if in the short term it raised unemployment.
Posted by: 18-1 at January 03, 2010 08:18 AM (bgcml)
everyone in Gov. should get a thorough tax audit.
Why throw more stolen good money after stolen bad money? Just fire them.
Posted by: Dang Straights at January 03, 2010 08:18 AM (XqYb4)
You would have to cancel their unemployment as well. Too much paper work. Then you would have the appeals, etc.
Tax audit is the way to go.
Posted by: Austin Danger Powers at January 03, 2010 08:20 AM (Bs8Te)
It doesn't help that this last time around the Precedent openly mocked spending money in traditional areas... preferring instead to shower it upon community groups and give it to people who have failed to run profitable businesses.
Keynesianism - an economic philosophy consisting entirely of throwing good money after bad
Posted by: Voluble at January 03, 2010 08:24 AM (nZNTl)
Posted by: eddiebear at January 03, 2010 11:19 AM (JlwJV)
He's their guy. He's making them look bad. When he's gone in 2012 and living his life in exile jetsetting, they'll still be around with a bad economy and trying to sell newspapers.
Posted by: AmishDude at January 03, 2010 08:25 AM (Vo2Ef)
Posted by: Sparky at January 03, 2010 08:26 AM (mXY2a)
Posted by: nevergiveup at January 03, 2010 08:26 AM (ekqTc)
Posted by: ParisParamus at January 03, 2010 08:28 AM (Hv1Cx)
yes the IRS.
I will spell it out.
IRS focuses energy on Gov employee audits. While this is happening, public sector get to cheat the system blind.
It's a win win.
Think big picture. Fuck.
Posted by: Austin Danger Powers at January 03, 2010 08:31 AM (Bs8Te)
They've temporarily fluffed them up by fudging the seasonal employment adjustments. They might be able to play that game for another month or so.
Posted by: Purple Avenger at January 03, 2010 08:31 AM (wtWp8)
Posted by: chaos at January 03, 2010 08:39 AM (mFUln)
That's right PA, I'm an excellent fluffer!
OsamaHusseinIslamObama 2012'
(the terrorist-Uighur-ACORN-media choice)
-It's never too early to campaign-
Posted by: Barry Soetoro (D-King OF The World!!!) at January 03, 2010 08:41 AM (FZQhf)
Posted by: Dang Straights at January 03, 2010 11:48 AM (XqYb4)
It's worse than that:
Senate President Colleen
Hanabusa wants President Obama's Aug. 4 birthday to be a state holiday,
right up there with Martin Luther King Jr. Day, Prince Jonah K?hi?
Kalaniana'ole Day, King Kamehameha I Day and even Christmas.
State Rep. Della Au Belatti, D-25th (Tantalus, Makiki, McCully), would like the Jan. 20 date of Obama's presidential inauguration to be forever known in the Islands as Barack Obama II Ohana Day.
And even Republican state Rep. Gene Ward, R-17th, (Kalama Valley, Queen's Gate, Hawai'i Kai), hopes to turn 4,124 square feet of overgrown scrub land owned by the state Department of Transportation into President Barack Obama Birthplace State Park.
Posted by: Tami at January 03, 2010 08:42 AM (VuLos)
"I know the MSM will never support a Republican, but are they trying to hammer Obama as a sort of pennance for 2008, or are they trying to force his numbers down so far, somebody like Hillary would run in 2012?"
As someone who supportered and voted for Hillary clinton in 2008, I am VERY disgusted with her as well.
If she wishes to challenge the marxist in 2012, I say go head, but no way in hell am I ever backing her or ANY democrat/marxist for the forseable future. I always thought of myself as a conservative democrat, I was only a democrat b/c I am pro-choice, on every other issue I am essentially a conservative. There are no moderates/centerist democrats anymore, they are ALL marxists and socialists.
The MSM is essentially the fringe media now, if it wasn't for the internet, I know I still would be beliving the crap that they spew out.
As for jobs, I own a small business, around 14 employees. I was thinking of expanding by about 1 -2 employees this year. But I can no longer expand my credit from my community bank, and frankly I DO NOT WANT TO!
who knows what kind of more tax increases shit is comning down from this Marxist admn and congress. I am not at the point, where I will have to layoff 2 employees byt spring/fall time, depending on how bad my revenues get.
And let me just say, I am NOT the only one. Businesses I deal with are having the same issues, its not just getting loans, they have no clue what kind of shitty new taxes are going to be foisted on us. I am now going to be talking to my acctant to see if I can increase my excemptions to pay my taxes later, can't do that with state taxes, but certainly can with federal taxes.
Starve the beast seems be the growing motto now a days.
Posted by: johnc_recent_EX-democrat at January 03, 2010 08:44 AM (ACkhT)
Posted by: chaos at January 03, 2010 08:45 AM (mFUln)
I would have guessed the opposite: The Rs have more seats up for grabs and it would take 5 seats going from D to R. But the Senate is easier to count. As far as the House, the Dems are holding a lot of red districts with former military members and others who have masqueraded as moderates. I'm guessing that's not going to fly this time.
What strikes me is that this is January. For the Dems, it's only going to get worse. Obama will only be further demystified, no event will be to his benefit and even if his approval ratings are not abysmal, it won't be good for Democrats. Right-leaners will take it out on them. Left-leaners will blame them for the Messiah's failures.
She said Reid, Dodd and Boxer are goners.
Too soon to say with Boxer. You need a very clever campaign to bring her down. Too many lib special interests in California will rally around her.
However, Ms. Easton predicted the loss will so rattle Zippy O's crew so much that he'll start governing from the center.
Well, he won't have much of a choice. All he cares about is his domestic agenda. If he doesn't have a big majority in the House and a filibuster-proof majority in the Senate, he'll only be making overseas trips and nominating wacko judges and blaming the Republicans for all of his woes.
I don't think he'll really govern at all. (He hasn't thusfar, Congress has written all of "his" legislation.)
Don't forget about how important 2010 is downballot. These are the statehouses that will decide redistricting. That means, if you're in a closed primary state, register Republican and vote for the most conservative person on the ballot in the primary and then make sure he or she gets elected in the general.
Posted by: AmishDude at January 03, 2010 08:46 AM (Vo2Ef)
http://tinyurl.com/yaez88v
Posted by: ParisParamus at January 03, 2010 08:47 AM (Hv1Cx)
These cops are on a gravy train. I don't care if the job can't be handled past age fifty. Find them something else to do. Meter maid, dogcatcher, records keeper, janitor, park grounds keeper, anything. Make 'em stare at a blank wall eight hours a day until they find something productive to do. Its these pensions that are killing the state and local governments. In the long run, their time on pension will have to be reduced either delaying the start of retirement or by ending their retirement early with death panels cutting off their medical benefits.
Posted by: snookered at January 03, 2010 08:55 AM (7Vg6Y)
Anyone with any extra cash PLEASE contribute if you can to Scott Brown:
also, can someone tell me what is the limit per year for contributions? Is it $2400 for the entire year? for primaries or general? thanks!
Posted by: johnc_recent_EX-democrat at January 03, 2010 08:57 AM (ACkhT)
tami, thank you.
After spending so many years fundraising for the now-marxists/socialists, I will now be working very hard fundraising for real patriots, conservatives and tea party candidates. I want these fucking marxists OUT ! There are NO centerists or moderate democrats, they are ALL marxists now!
I have many many dems who are completley and utterly disgusted at what is happening to this country. They sure as heck not turning repubs, but they are becoming conservative independents, tea party activists.
Posted by: johnc_recent_EX-democrat at January 03, 2010 09:06 AM (ACkhT)
Posted by: Tami at January 03, 2010 09:10 AM (VuLos)
Sounds about right. I don't see 2010 as a good year.
Posted by: Purple Avenger at January 03, 2010 09:15 AM (wtWp8)
Posted by: PJ at January 03, 2010 09:41 AM (Qpxxz)
Posted by: chaos at January 03, 2010 09:56 AM (mFUln)
Posted by: Mephitis at January 03, 2010 10:03 AM (ehXLT)
well, Zerohedge.com has done an excellent piece on some of the details of the financial bill that just passed the House. Looks like a bank can now deny you redemptions on your money market funds. Bank Holiday, here it comes.
Looks like we really are heading towards a Depression, all the groundwork is being laid.
Posted by: johnc_recent_EX-democrat at January 03, 2010 10:09 AM (ACkhT)
Posted by: ParisParamus at January 03, 2010 10:09 AM (Hv1Cx)
@86
I have been seeing a trend on several blogs where people are saying something to the effect of, "Hey, them cops and firefighters get to draw a pension. Those guys are bankrupting the state."
Here in Ohio, the Police & Fire Pension Fund pays its own way. That's because the state government does not use it as a piggy bank for other spending.
What is actually bankrupting the state and federal governments is all of the spending for social engineering. People are paid to not work and breed. As Margaret Thatcher tells us, the problem with socialism is that eventually you run out of other people's money.
Posted by: Retired Buckeye Cop at January 03, 2010 10:17 AM (bCQG3)
You have a Marxist Without a Clue. Very bad combo.
You have a VP who is a clown.
A Secretary of State with ZERO DIPLOMATIC or INTEL experience.
You have a TREASURY/IRS Chief who CHEATED ON HIS TAXES FOR 4 YEARS STRAIGHT.
You have a SAFE SCHOOLS CZAR who teaches 14 year olds how to ANALLY FIST FUCK one another.
You have a Energy Secretary that tells us to paint out roof white to stop non-existant global warming.
And we have a SCIENCE CZAR who proposed tainting the drinking water to cause mass sterilizations.
This is fucked up.
Posted by: gus at January 03, 2010 10:23 AM (Vqruj)
Posted by: CoolCzech at January 03, 2010 11:36 AM (QECjC)
Government workers pay taxes too
If you mean sales taxes or housing taxes or "sin" taxes, absolutely.
If you mean income taxes, no they do not. The government takes the money from private workers and gives the government worker a percentage of what they took from the private worker, under the guise that the government worker is having money withheld. The government worker never had that money to be taken in the first place; the government itself held onto the "taxes" throughout the whole transaction.
Government workers (and government contractors, for that matter) do not, and never have, paid taxes on their income from the government because they never produced that income to begin with; it's simply book-cooking by the government to make it seem like the workers made "contributions".
Posted by: David Axelrod's Combover at January 03, 2010 01:35 PM (ophde)
Posted by: MPFS at January 03, 2010 02:24 PM (PBGAP)
Posted by: Nemo from Erewhon at January 03, 2010 03:27 PM (7+r4B)
Posted by: sayyid at January 03, 2010 06:01 PM (8rbBG)
Posted by: custom promotional prodcuts at June 03, 2010 05:08 AM (6EmhV)
Hide Comments | Add Comment | Refresh | Top
64 queries taking 0.3065 seconds, 234 records returned.
Powered by Minx 1.1.6c-pink.








Posted by: CoolCzech at January 03, 2010 07:04 AM (QECjC)