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Thread: American Jobs Act

  1. #11
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    Quote Originally Posted by Blackstone View Post
    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.

  2. #12
    Senior Member starjack's Avatar
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    Quote Originally Posted by Buzz View Post
    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.

    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

  3. #13
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    Quote Originally Posted by caryalsobrook View Post
    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.
    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.

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    Quote Originally Posted by Blackstone View Post
    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.

  5. #15
    Senior Member Gerry Clinchy's Avatar
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    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.
    G.Clinchy@gmail.com
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  6. #16
    Senior Member huntinman's Avatar
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    Quote Originally Posted by Blackstone View Post
    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...
    Bill Davis

  7. #17
    Senior Member Raymond Little's Avatar
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    Quote Originally Posted by Blackstone View Post
    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.
    Last edited by Raymond Little; 10-11-2011 at 10:08 PM.
    "Character is doing the right thing when nobody is watching"....J.C. Watts

  8. #18
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    Quote Originally Posted by huntinman View Post
    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.

  9. #19
    Senior Member bbmclain's Avatar
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    I think the COUNTRY took a big gamble on Obama......and the taxpayer lost on that one as well.

  10. #20
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    Quote Originally Posted by Raymond Little View Post
    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.

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