By Carole on Sep 17, 2011
Another day another version of President Barack Obama's 'Pass This Bill' speech. This time he used his weekly radio address to push his American Jobs Act saying, "every one of you can help make it happen by telling your congressperson to pass this jobs bill right away." But he has yet to explain how his new plan can possibly work when virtually the same ideas at double the cost didn't work last time.
Mr. Obama is offering the same kind of temporary tax cuts, extremely targeted tax credits and employment subsidies that were contained in 2009's $800 billion stimulus bill. Then as now, he went into crisis-mode demanding swift passage of the bill to keep the national unemployment rate below 8% and get it down to 6% within months. It rose to over 9% and is still there with the underemployment rate, which includes those who have stopped looking for work, at 16.2%.
His latest proposal is another mega stimulus with a $447 billion price tag and tax increases that even some Congressional Democrats will not support:
Senator Bob Casey, (D-Pennsylvania): "I think the American people are very skeptical of big pieces of legislation. For that reason alone I think we should break it up."
Senator Mary Landrieu (D-Louisiana): "I have said for months that I am not supporting a repeal of tax cuts for the oil industry unless there are other industries that contribute."
Senator Joe Manchin (D-West Virginia): "I have serious questions about the level of spending that President Obama proposed."
Representative Heath Shuler, (D-North Carolina): "The most important thing is to get our fiscal house in order. Then we can talk about other aspects of job creation."
A new CBS News poll shows just 34 percent of the American people approve of the way President Obama has handled the economy (57 percent disapprove). Why should anyone believe his latest plan to throw hundreds of billions of tax dollars at the problem will succeed where so many of his policies have failed?
In today's speech, Mr. Obama claimed politics was the reason many in Congress are not rushing to pass his American Jobs Act. "I know some of them would rather wait another year to wage another election than work together right now," he said. In fact, it is him who is more focused on the next election than on creating an economic environment that fosters job growth. His all-or-nothing, pass this bill now rhetoric shows he is not interested in working together. It was designed so that when lawmakers on both sides of the aisle refuse to force his latest collection of unaffordable gimmicks on the nation, he can claim that despite his dismal record he tried. Candidate Obama is all about the appearance of trying to solve problems, not actually solving them.
Meanwhile Congressman Peter Roskam (R-Illinois) used today's GOP weekly address to argue that "job creators should be able to focus on their work - not on Washington’s busy-work."
"Small business owners are fighting every day to create and innovate, but continue to face government barriers to job creation," he said, "Among them: our unsustainable debt, the constant threat of higher taxes, and excessive regulations."
That has become obvious to everyone except President Obama and his most ardent supporters who continue to call for more spending, more taxing, more regulations and of course that Congress "Pass this bill".
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