Are you ready for some football? But first, a few words from the President of the United States of America.
Everybody from the President to the House to the Senate to presidential candidates has a plan….a plan to create jobs….those elusive things that is needed to make our economy strong again…..so far ALL ideas revolve around spending cuts and tax cuts…..and I mean ALL….Repub and Dem alike….the same ideas…..but tonight will be different….the Prez will offer a new way of thinking about job creation….just wait and see….
The prediction before the fact was……
President Obama plans tomorrow to unveil a $300 billion jobs strategy that will involve tax relief for workers and spending on public works projects such as road repair and school renovations to put America back to work, according to sources familiar with the plan. Half of the stimulus will come from tax cuts, including a year-long extension of a Social Security payroll tax reduction for workers and a possible cut in payroll taxes paid by employers, according to Bloomberg. The plan also involves the extension of unemployment benefits, offering job training for the unemployed, and a program to prevent teacher layoffs, reports the Los Angeles Times.
And after spake the Prez we have…….the heavens opened up and the healing light from above shown on the country and its people…….(pause)……(sorry, I cannot go on….that was too mushy even for my sarcasm)……..okay, the points leaked and quoted above were very accurate…..
I have been re-reading the speech…..because there is something in it that is disturbing to me…..please read it for yourself……http://tpm.ly/pK5qXo
I do not see these moves that will do much to lower unemployment much…..it is full of tax cuts……..more spending cuts……and then there is the part about helping small business (tomorrow I will explain small business)……he talked anout infrastructure without ever mentioning the term infrastructure……I do not see this as anything but a proposal that will get Repub support….it is just empty in my mind…….
But the part that concerned me the most was Obama’s insistence on the passing of the free trade agreements…..this from his speech…..
“Now it’s time to clear the way for a series of trade agreements that would make it easier for American companies to sell their products in Panama, Colombia and South Korea — while also helping the workers whose jobs have been affected by global competition. If Americans can buy Kias and Hyundais, I want to see folks in South Korea driving Fords and Chevys and Chryslers. I want to see more products sold around the world stamped with three proud words: “Made in America.”
All I can say is to look at what NAFTA did to American jobs……stuff I have read about the Korean agreement would all the South to sell American goods to the North, something that is forbidden by Congress….the ones for Panama would allow corporations to hide money and stuff with extremely difficulty for the US to access the info for prosecutions……Free Trade Agreements in the past have done NOTHING to help American workers….why would labor support them?
Obama sounded forceful……Obama looked determined………Obama looked presidential and strong……but I believe that it was in appearance….ONLY!