A flight of dollars waits on the tarmac at Grey Havens international airport, waiting to depart to the Undying Lands, never to return.
But what are the odds of that?
In a new report, his transition team says his spending plan would create between 3.3 million and 4.1 million jobs. The report was released as Mr. Obama battles fellow Democrats in Congress over the size and details of the bill, which the president-elect wants to total slightly less than $800 billion but which some Democratic leaders say should near $1 trillion.
The Obama report says that even with a recovery package, unemployment will still be 7 percent at the end of 2010, but would be 8.8 percent without a recovery. Mr. Obama earlier in the week had warned of double-digit unemployment, but the report does not appear to back that claim.
“Some of Obama?s Aides Once had Qualms About his Economic Ideas”
According to this article,a number of His economic advisors haven?t quite seen eye-to-eye with Him in the past, and lays out some of the reasons. (Though they?ve since seen the light, as we all will in time.)
?Several proposals in Barack Obama’s mammoth economic recovery plan will result in only modest or even uncertain benefits if they become law.? ?Says who??
?A pair of the president-elect’s top economic advisers – at least that was their view, in previous roles, before they joined his team. Those assessments, plus recent complaints from Democratic lawmakers, underscore the challenges Obama faces in selling the merits of his nearly $800 billion package of tax cuts and spending initiatives.?
Linked with
- BAM Stimulus: Liberal Overreach? « JoHNBRoDiGaNDoTCoM
- On the Right
- Obama’s Meaningless Employment Promise « Jane Q. Republican
- Obama quotes 1984 – part 2 « Shawn Haggard
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We were all blogging about Obama lower expectations before the election. We all knew that he would say, “It’s worse than I thought, Bush made such a mess, I’ll have to work harder to clean it up, you will have to sacrifice more!”
It’s all playing out as predicted and it is a shame that Americans will still buy his version of the tired old “Sacrifice for the good of the Whole” socialist mantra.
“Obama lowers expectations, raises taxes; Surprise Surprise”
If the stakes weren’t so high for the American people ti would probably be entertaining to sit back and watch these corrupt pompous bueracrats ruin themselves and eachother. It’s showtime.
Rosemary, the Liberals are dancing around the Golden Calf. Many of them call themselves Christians because they go to church, but that’s what they are doing: dancing around the Golden Calf of Liberalism.