PDA

View Full Version : American Jobs Act



Gerry Clinchy
10-11-2011, 08:11 AM
The word is now that the Ds are going to try to break this bill up into smaller pieces in hopes of getting some parts of it passed. Wonder if that also means they will actually have to read this one :-)

Colin Hanna of The Washington Times is concerned about this provision:



The most recent example, and there are plenty of others, is the approach he has taken to the American Jobs Act, which he argues is needed to get America back to work. He wants Congress (http://www.washingtontimes.com/topics/congress/) to pass it now - as he repeats like a broken record - without the public having had an adequate chance to look it over. Most people are unaware, for example, that there is a provision in the proposed bill that would create a new cause of action allowing people to sue a prospective employer if they believe they were turned down for a position because they were unemployed at the time they applied for it.

Such a law, if it were to go into effect, would be a welcome boon to the nation’s trial lawyers but would be a looming liability over anyone seeking to hire new employees. The cost of litigation, never mind the potential financial judgments, would be enough to make any business - small or large - fearful of hiring anyone, let alone any of the more than 9 percent of Americans who, according to the U.S. Bureau of Labor Statistics, don’t have a job but are looking for one. Talk about unintended consequences.

Goose
10-11-2011, 10:28 AM
Obama's jobs act is nothing more than another keynesian nocturnal emission.

You load sixteen tons, what do you get?
Another day older and
deeper in debt.
Saint Peter don't you call me 'cause I can't go
I owe my soul to Barack Obama's store.

We live in Cuba now.

M&K's Retrievers
10-11-2011, 10:45 AM
Obama's jobs act is nothing more than another keynesian nocturnal emission.

You load sixteen tons, what do you get?
Another day older and
deeper in debt.
Saint Peter don't you call me 'cause I can't go
I owe my soul to Barack Obama's store.

We live in Cuba now.

Tennessee Ernie Obama regards,

Blackstone
10-11-2011, 11:08 AM
Hopefully the jobs bill will work, and put some people back to work.

WRL
10-11-2011, 12:01 PM
Its not going to pass and if it does, it will only put you back to work if you belong to a union.

During his speech "presenting" the bill, Obama talked about teachers and construction workers. He's buying votes from the unions so he can get re-elected.

This bill needs to be broken a part. I am sure there are a few good parts but in its entirety its going to be garbage.

WRL

Buzz
10-11-2011, 12:10 PM
I guess those who hate unions would rather cut their nose off to spite their faces. Why will it benefit union folks, because a lot of construction trades are union? I guess putting the concept of putting people to work helping the general economy and only benefits union folks. :rolleyes:

I say, lets not invest in anything - infrastructure, education, research. After-all that creates exactly zero jobs. Making sure the wealthy don't pay taxes (you know the job creators) is our road to prosperity. ;-)

Bayou Magic
10-11-2011, 12:12 PM
The so-called "Jobs" bill is nothing more than a paper mache bridge over an ever rising river of debt. It is designed to save only one job.

fp

huntinman
10-11-2011, 01:20 PM
The so-called "Jobs" bill is nothing more than a paper mache bridge over an ever rising river of debt. It is designed to save only one job.

fp

Bingo......

Goose
10-11-2011, 02:05 PM
I don't know what's more pathetic today...all of the keynesians in Europe on hands and knees waiting for a vote in Slovakia or B. Milhous Obama's fraudulent (hand) jobs bill working its way through Congress. Both are disgusting.

And if the Occupy Wall Street crowd's going house hunting today I suggest they look up the address of Benocide The Ber-Nank and pay him a visit. While they're at it they should also look up the address of my favorite little keynesian (and former Enron consultant) little Pauly Krugman. Pay him a visit, too.

I'd trust Jeffrey Dahmer before I'd trust either Bernanke or Krugman.

We live in Cuba now.

Blackstone
10-11-2011, 04:39 PM
Whatever group(s) it puts to work will be more people working than are working now. And, more people working will benefit the economy as a whole.

caryalsobrook
10-11-2011, 04:50 PM
Whatever group(s) it puts to work will be more people working than are working now. And, more people working will benefit the economy as a whole.

Let's see, $580,000,000.00 to Solyndra to create 1000 jobs for a little over a year comes out to $580,000.00 per job. Just htink 580 billion will create 1 million jobs!!!!! Keep on coming with these GOOD IDEAS.:rolleyes:

starjack
10-11-2011, 05:17 PM
I guess those who hate unions would rather cut their nose off to spite their faces. Why will it benefit union folks, because a lot of construction trades are union? I guess putting the concept of putting people to work helping the general economy and only benefits union folks. :rolleyes:

I say, lets not invest in anything - infrastructure, education, research. After-all that creates exactly zero jobs. Making sure the wealthy don't pay taxes (you know the job creators) is our road to prosperity. ;-)

I thought that first 782 billion was supposed to do that

Blackstone
10-11-2011, 05:36 PM
Let's see, $580,000,000.00 to Solyndra to create 1000 jobs for a little over a year comes out to $580,000.00 per job. Just htink 580 billion will create 1 million jobs!!!!! Keep on coming with these GOOD IDEAS.:rolleyes:

The loan guarantee was actually for $535 million. However, you failed to mention that the loan process was actually started under the previous administration. Obviously, they didn’t anticipate the failure of Solyndra either. The Obama administration’s fault was pushing to rush the loans through. I assume it was an effort to show how the stimulus package money had been put to use, and to push his “green energy” initiative.

caryalsobrook
10-11-2011, 05:45 PM
The loan guarantee was actually for $535 million. However, you failed to mention that the loan process was actually started under the previous administration. Obviously, they didn’t anticipate the failure of Solyndra either. The Obama administration’s fault was pushing to rush the loans through. I assume it was an effort to show how the stimulus package money had been put to use, and to push his “green energy” initiative.Certainly both parties were to blame. THERE IS NO REASON FOR THE GOVERNMENT TO MAKE BUSINESS LOAN GUARANTEES!!!

Would you want to take YOUR money and invest in YOUR existing business or a new business if your competitor had a government loan guarantee and not have to put the same amount of money as you to get the same amount of investment??? Nobody but an idiot would. Government loan guarantees only supress private investment, not increase it. It lowers the risk for those who get gov. loan guarantees and increase the risk for those who don't.

Gerry Clinchy
10-11-2011, 05:45 PM
The problem with "stimulus" funds is that everyone knows they are "temporary". While the deferment of of the SS payroll taxes can put money in the pockets of the rank and file (to spend, hopefully, on goods and services), it does not change the long-term environment that would encourage businesses to start or expand. So, the stimulus fizzles out as soon as the funds stop.

Even the rank and file, may not spend their money since they are concerned with the increasing cost of living. Since food and energy are not included in the COL computations, the economists & legislators are living in la-la land, out of touch with the real world WRT "real" inflation.

So much of the "stimulus" was wasted. Instead of fixing bridges, they re-did handicapped curbs with those bumpy things. Took a couple of months. Jobs temporary.

They "saved" teaching jobs during a time of decreasing student population. Duh?

They really need to assess why companies are sitting on their money, rather than investing it. Then create the environment that would make those companies lay out their 5-year plans.

When families have increased costs for food, electricity, gasoline and home heating, their disposable income decreases.

huntinman
10-11-2011, 06:18 PM
The loan guarantee was actually for $535 million. However, you failed to mention that the loan process was actually started under the previous administration. Obviously, they didn’t anticipate the failure of Solyndra either. The Obama administration’s fault was pushing to rush the loans through. I assume it was an effort to show how the stimulus package money had been put to use, and to push his “green energy” initiative.

YOU failed to mention that the Bush admin turned down the Solyndra loan package. they did see it as a bad loan. That is documented. Obama knew it was a loser, but didn't care...

Raymond Little
10-11-2011, 09:07 PM
Hopefully the jobs bill will work, and put some people back to work.

BS, you gotta be $hitting me?, JOBS bill??? You are not stupid, this is Stimulus part Deux and designed to add some chedda to the Union/Socialist rank and files coffers. Gobment can't and never will b able to create jobs, only thing gobment does is get in the way of job creation. $hitcan the EPA,Dept of Education,Dept of Energy, and our economy will explode.

Blackstone
10-12-2011, 12:58 AM
YOU failed to mention that the Bush admin turned down the Solyndra loan package. they did see it as a bad loan. That is documented. Obama knew it was a loser, but didn't care...

I stand corrected. The Bush administration did turn down the loan just before he left office. However, I doubt Obama knew it was a loser. If he had believed that, what would have been the point in supporting it. He decided to take a big gamble, and he lost. Unfortunately, the tax payers lost along with him.

bbmclain
10-12-2011, 01:15 AM
I think the COUNTRY took a big gamble on Obama......and the taxpayer lost on that one as well.

Blackstone
10-12-2011, 01:19 AM
BS, you gotta be $hitting me?, JOBS bill??? You are not stupid, this is Stimulus part Deux and designed to add some chedda to the Union/Socialist rank and files coffers. Gobment can't and never will b able to create jobs, only thing gobment does is get in the way of job creation. $hitcan the EPA,Dept of Education,Dept of Energy, and our economy will explode.


I have to disagree with you. Perhaps you see it from a different point of view, but there are a lot of people with Gov. jobs receiving a pay check. Those are jobs created by the Gov. in my book. There are also companies that hire based on winning Gov. contracts to provide goods and services to the Gov.

As far as the economy exploding if they did away with the regulatory agencies you mentioned, that is possible. However, the problems that would come along with it would also explode.

Blackstone
10-12-2011, 01:20 AM
I think the COUNTRY took a big gamble on Obama......and the taxpayer lost on that one as well.

To tell the truth, the taxpayers have lost under most administrations.