That kind of socialism is what has ruined this once-great nation.

Sincerely,

The Right.

YES!

I just shat myself with joy.

This is the one thing I wanted him to do. From this, all good things come, and anyone who doubts, just read up on how much of the infrastructure in your neighborhood came from FDR's job program.

For the tens of millions of Obamites who believe it was the New Deal that got us out of the Great Depression, as opposed to making it worse, it'll come as great news indeed. Many will, no doubt, be "shatting themselves with joy."

I don't mind deficit financing for long-term infrastructure projects. Still, it's funny how Obama keeps moving the goalposts. He promised us 5 million jobs in the clean energy industry alone. Now it's down to 2.5 million in clean energy, road building, dam reconstruction, new cars, and school remodernization--whatever the hell that is. He's not even in the White House yet, and already we're down 2.5 million jobs.

Blablabla. Do your homework better and stop being misleading. Obama didn't announce an identical new deal, just the part about citizen works programs. Putting people to work and rebuilding/greening our infrastructure is bad how?

Meanwhile, foreclosures are being frozen and unemployment benefits extended, while major fixes and economic restructuring occur.

Where's the bogey man hiding?

And as for your figures on job creation, you are comparing apples to oranges. The larger figure counts for a lot more than just this new work program. As for how many we've lost because of him? That would be Zero. He's not president yet....

Where's the bogey man hiding?

#4 | Posted by revjack23
* * * *

In plain sight. Chicago.

Will he be backing off hiking taxes on capital gains? How about on energy companies? What about cap and trade? And rewriting the trade agreements, as he promised? The more he doesn't share, the more confidence the markets shed, daily.

So--which stocks have you been buying, Jack? After all, if you believe Barack will be pouring all this money into rebuilding, how about Caterpillar and Deere? Maybe Manitowoc, Rio, a couple of good copper and materials plays?

Or maybe you don't really believe it either.

Stocks? Hah. Never bought 'em, never will. I live an alternate lifestyle, to say the very least.

That aside, you should be investing where the money still is, which is green tech. Now would be a good time to start keeping tabs on that sort of thing, which techs are more successful and not just energy sources either, but things like green building materials and design, space age plastics and metals - environmentally friendly infrastructure is the way of the future, and Obama has made his commitment to it very clear.

I should note though, I am biased towards loving this outcome. My wife is a green electrical engineer, and I do consulting work for alternative farming and building techniques.

Between the two, we're set. :)

For the tens of millions of Obamites who believe it was the New Deal that got us out of the Great Depression, as opposed to making it worse, it'll come as great news indeed. -- RisR

FDR's first new deal -- banking reform, including increased capital adequacy requirements, is believed to have made things worse by exacerbating deflationary pressures. The jobs/ public works programs included in his second new deal are widely viewed as a success. This is the part Obama is imitating.

From this, all good things come, and anyone who doubts, just read up on how much of the infrastructure in your neighborhood came from FDR's job program. -- #2 | Posted by revjack23

Funny, sad, and true!

...it's funny how Obama keeps moving the goalposts. He promised us 5 million jobs in the clean energy industry alone. Now it's down to 2.5 million in clean energy... --#3 | Posted by rightisright

Look, you expect a Dem who voted for FISA in the middle of the primary campaign to keep ANY of his promises? We need optimism, RisR; be a glass half-full guy! Even you, a right-winger, have no objections to deficit financing for infrastructure projects. And the crazy thing, of course, is that the stock sell-off has investors pouring money into U.S. bonds.

This is a good plan. Put on your happy face! Consumer confidence needs all the help it can get!