Tonight's major "Jobs Speech" called the "American Jobs Act" by President Obama was a con job designed to fool the country with another $447 Billion dollar Keynesian spending stimulus paid for with increased taxes. It was a classic campaign reelection speech set up for Obama to blame Congress if they did not "pass" it right away, which he mentioned 15 times. Some ideas merit consideration such as lowering taxes on small businesses and reforming Medicare, but the majority of ideas proposed were previous failed policies of "shovel ready" construction jobs, unemployment insurance extensions, temporary payroll tax cuts, all paid for (he will conveniently announce a week from Monday but he hinted) by the old tax the rich program Warren Buffett calls for. Blah, blah, blah,...Arghhh!
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Thursday, September 8, 2011
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