The Obama‐Biden comprehensive New Energy for America plan will:
Provide short‐term relief to American families facing pain at the pump
Help create five million new jobs by strategically investing $150 billion over the next ten years to catalyze private efforts to build a clean energy future.

5 million. Ha! Stimulus in Action!

And WHAT exactly is Black Jimmah doing about it?

(crickets)

Atta boy crookfish.

As unemployment rises the nit wits look to Obama instead of the corporations, like American Express, who are still outsourcing jobs as fast as they can.
They even defend the practice. And then they wonder why we say they continually vote against their own interests.

I said it under Bush, so I must say it now:

Unemployment numbers are only those people receiving unemployment benifits...the actual percent of those unemployed is actually much higher.

"And WHAT exactly is Black Jimmah doing about it?"

Well, he sure hasn't Cut a Check to the Taliban Like Bush did --- that's for sure!

In May of 2001, President George W. Bush gave $43 million in aid to the Taliban Militia of Afghanistan

When measured against that real benchmark --- Obama is Miles Ahead in Terms of Responsible Governance!

Oh, and doesn't it take "Fifty Years to Judge"?

I can't understand why the Dems feel this is a good time to raise energy prices for everyone. Even if you agree with the stated intent of cap'n'trade, they could just spend a bunch of money on green technology and raise the standards of vehicles, stuff like that, without imposing this absurd trading scheme that just reeks of funneling MORE money to people who don't need it.

As unemployment rises the nit wits look to Obama instead of the corporations, like American Express, who are still outsourcing jobs as fast as they can.
They even defend the practice. And then they wonder why we say they continually vote against their own interests.

#4 | Posted by danni at 2009-07-02 10:49 AM

#6 | Posted by Redneckville at 2009-07-02 10:53 AM | Reply | Flag: Deflections; Lack of principles

This reminds me of the recent collpase of the Irish economy as manufacturing is transferred from there to Poland, having first been transferred to Ireland from places like Texas.

Companies went to Ireland because costs were lower. Now they're lower in Poland. In ten years, the Ukraine.

Capitalism isn't for the workers. Capitalists are often not patriots.

I smell another stimulus bill.

"What's Obama doing to prevent outsourcing of jobs? He's got a 60 vote majority in the Senate now."

OK, now there is a good question and it is one that both us Dems and you Republicans ought to be asking your Congressmen and Senators and the President.
They should all be inunated with millions of phone calls DEMANDING changes to stop outsourcing of jobs. China put a "China Only" requirement on their stimulus bill and Obama said we should do anything to hinder free trade???? I voted for him but not so that he could protect the corporate thieves who have thrown America under a bus.

Unemployment numbers are only those people receiving unemployment benifits...the actual percent of those unemployed is actually much higher.

#5 | Posted by kanrei at 2009-07-02 10:50 AM

Yes it is. It also fails to take into account underemployed people.

I smell another stimulus bill.

Already had two. I doubt the third will make any difference.

Of course if Uncle Sam wants to send out a couple grand to me, who am I to say no?

DEMANDING changes to stop outsourcing of jobs

It will never happen. The Congress and President is bought and paid for by America, Inc.

As long as outsourcing is profitable to America Inc. it will continue.

Ross Perot was correct.

BUT BUT BUT OBAMA/GOD said GREEN JOBS will be created by passing the largest TAX INCREASE in history and his BIMBO joe biden agrees. This is such a joke and the people who voted for Barry will be the first ones bitching about energy costs BWAHHHH my electric bill doubled and I lost my job boo hoo remember you voted for this TERD...

"the four previous recessions before the number of workers with jobs equaled the number employed at the beginning of those recessions. In 1974, the job recovery took 19 months; in 1981, 28 months; in 1991, 32 months; in 2001, 47 months."
------------------------------

How long do we give BO ?

How long do we give BO ?

How long have we given the current majority? They didn't even know it was a crisis and were shocked by the numbers last year. Doesn't look like 2009 will be any different.

How long do we give BO ?

#17 | Posted by mmike

I would hope that would depend on his strategy for an economic recovery and so far pushing the largest TAX INCREASE in history is like throwing gasoline on a fire...

I see remember that GB denied the recession, with most agreeing that it started in 2007

Of course if Uncle Sam wants to send out a couple grand to me, who am I to say no?

A couple of grand? Is this possible? I thought the checks were from $300-$900 dollars per family. I was not one who got anything and didn't really follow the give away. I am curious if this number is accurate.

he SAID we'd hit 10% by the end of the year! anybody surprised?

"Ross Perot was correct."

Absolutely.

"One of the great stories you'll be hearing over the next couple of years will be about the large number of Americans who were forced out of work in this recession and remained unable to find gainful employment after the recession ended. We're basically in denial about this."

Probably true, so now Crispee are you willing to support legislation to end Free Trade??? OUtsourcing. Enforcement of laws prohibiting employment of illegal aliens???
The corporations won't like it.
US Chamber of Commerce won't like it.
Republican Party won't like it.

I bet they will even get the Tea Party idiots to start demanding more Free Trade....more cheap goods from China.

"I see remember that GB denied the recession, with most agreeing that it started in 2007"

It started in 2000. It was masked with extremely low interest rates and a housing bubble and a stock bubble but the economy produced no "wealth" during all those years. Technically, by the definition of "recession" it wouldn't qualify but logically, we haven't been out of recession since 2000.

Technically, by the definition of "recession" it wouldn't qualify but logically, we haven't been out of recession since 2000.

#24 | Posted by danni

FF!

The corporations won't like it.
US Chamber of Commerce won't like it.
Republican Party won't like it.

#23 | Posted by danni at 2009-07-02 12:29 PM

#24. we haven't been out of recession since 2000.

It's simply amazing the stupid things that blind allegiance to a party makes people say.

Those of you who judge an economic policy in the first 6 months are hilarious. The funny part is these are the same people who were flag waving as Bush brought us to this point.

Unemployment, like wages, are "sticky" and usually reflect past economic conditions. We should start looking for unemploymnet numbers to stabalize in the 4th quarter at the earliest.

Our Nero is serenading us. The stimulus money was not used to create manufacturing jobs but rather to pay off bad debts incurred by the financial elite to keep them afloat. There were regional banks that were ready, willing, and able to replace the failed institutions. The so-called AIG bailout just funneled money to banks, many outside the United States.

Unemployment in some areas is over 18%. And as unemployment increases, purchases decline, so there is more reduction in staff, fewer jobs, less tax revenues - income and sales, and greater dependency on a government with insufficient resources. It's a downward spiral. the government has already debased the currency so that we may not be able to extricate ourselves from this problem without a massive upheaval.

Obama with his Marxist and confrontational indoctrination, and motivated to "compensate" others (minorities primarily) who have not fared as well in this country, will not be able to disabuse himself of the idea that wealth exists, and that distribution and not creation of wealth is the problem. His mentality is too deeply imbued with this world view, which permeates much of leftist thought. So, instead of programs that result in creation of wealth, or at least do not impede creation of wealth, the Obama intervention will result in less wherewithal to be distributed resulting in a declining standard of living for all.

Screw it. It's every man for himself. The lefties will find that there is less and less in the way of actual goods and services that will reach them. Regardless of the many ways this is accomplished, taxation, inflation, whatever, the end result will be an unparalleled malaise as the Obama initiatives compound existing problems. But that's okay, the leftist dolts will continue to cheer as they view the economy as "a struggle" rather than as a system for productivity. You folks will be scrounging in old garbage dumps as the dumptsters will be empty. Obama is an indoctrinated Marxist engaged in "class struggle." Whoppee. He'll show those "capitalists," those he;'s not in bed with. Yessirree. And what will it get for you folks? What are your expectations? When will "it" materialize? What are "the signs" you're awaiting?

Stupidity and docility bring their expected rewards.

Doncha just love Johnson's big walls of "skip this text?"

Doncha just love Johnson's big walls of "skip this text?"

#31 | Posted by kanrei at 2009-07-02 01:51 PM

You're not allowed to comment on Obama's economic policy, unless of course it is positive in tone, until 4th quarter at the earliest.

--BenFranklin

One of the great stories you'll be hearing over the next couple of years will be about the large number of Americans who were forced out of work in this recession and remained unable to find gainful employment after the recession ended. We're basically in denial about this."

Probably true, so now Crispee are you willing to support legislation to end Free Trade??? OUtsourcing. Enforcement of laws prohibiting employment of illegal aliens???

I believe that was Herbert from the NY Times I pasted. Maybe you should send him an email. My thought is Herbert has a point regarding the blind allegiance to Obama and the ignorant do nothing dems in Congress ignoring this crisis.

#29
SO is he a corrupt pol bought and paid for by the banks he's helped out or a pinko communist trying to distribute wealth to the poor. I don't think you can have it both ways.

but-but-but - according to manyputz, the economy is THRIVING!

WASHINGTON (AP) -- With joblessness rising, President Barack Obama said Thursday he was "deeply concerned" about unemployment and conceded that too many families are worried about "whether they will be next" to suffer economically.

Barry was "deeply concerned" about Iran (after a week or so), and now they're back to staus quo. He was "deeply concerned" about the jailed journalists in N. Korea, and they're still there. In fact, if you want a laugh, google 'Obama deeply concerned'. Black Jimmah's 'deep concern' starts and ends there, and nothing else is ever done. Beware his 'deep concern' over the steadliy rising unemployment rates.

we haven't been out of recession since 2000.

#24 | Posted by danni

Where is the stimulus??????
Didn't the dems say we would be at 8% unemployment if it was not passed....

LibSUCKER,

Less than 10% of the stimulus has actually been spent.

Of course your talking heads don't give you that kind of fact when they are brainwashing you morons.

Keep listening to Flush and voting Rtard. You deserve failure. I bet you won't be laughing when your welfare check stops!!!!

My wife lost her job (effective 7/10) due to cuts in social service spending here in Illinois. She's a social worker and, like most social workers, doesn't make much money. Nevertheless, we'll miss the cash. It's rough out there. Neither one of us has ever experienced a layoff before.

The last time this happened I had a job too.

But I'm not to proud to do whatever it takes to keep my dignity. I'd rather scoop shit than ask someone to feed me or house me because the evil society doesn't need my special talent.

I see help wanted signs all over the place. But as long as there's 52 weeks of unemployment you'll see more and more people joing the roles.

I swear, some people would sooner take an ass whippin than have to actually produce more than they consume.

Wow! Lets print more paper money and hand it out.

Let's pass more energy bills and tax the crap out of energy.

Let's leave the borders wide open and let millions of illegals get free everything.

This is the end play for a nation.

#41 | Posted by anton

Sorry to hear about the layoff.

She needs to start networking right away.

She could change fields--I would normally say check out the health industry--but that is next on the chopping block with this idiot in the WH.

But try to stay positive and look for new open doors.

Technically, by the definition of "recession" it wouldn't qualify but logically, we haven't been out of recession since 2000.

#24 | Posted by danni

Are you being sarcastic?

Are you being sarcastic?

No, not at all.

Less than 10% of the stimulus has actually been spent.

#40 | Posted by axe

How can that be a stimulus? All that money must have another purpose then.

The Stimulus is the final blow to the economy. We are screwed.

The Government owns GMs butt. If cars get more fuel efficient then they will no doubt tax us for miles to make up for their wasteful spending. Google it!

How can that be a stimulus? All that money must have another purpose then.

It's not being spent. As has been pointed out, the debt projections are just that - they aren't realized.

Also, I'm in agreement with Danni (and Krugman). We're diddling around the politically comfortable area and not doing what's necessary. Same as what affected our recovery under FDR.

This is going to be a long gradual recovery. The sad slow growth will keep the right and left "balancing" act going, effectively sucking the energy out of a quicker recovery.

what did Pelosi say prior to the vote on the Cap and Tax bill? this bill means, "jobs, jobs, jobs." right. tell me another joke. pull my leg harder, you old bitch.

Unemployment numbers only reflect the lucky ones. What about all those who lost their jobs and don't qualify for unemployment or those whos hours or pay was cut. I hope they know that those unemployment checks are taxable. That's the ticket.... Unemployment goes up so raise the tax on unemployment benifits to pay for health coverage. Asshole Democrats.

the highest level since August 1983.

gee, wasn't that when Saint Reagan was president, and everyone had jobs and was rich? Now all we need is Reagan's 20% interest rates and the Right would be in nervana. Nah, Obama would have to sell weapons to Iran and let them blow up 300 Marines for that.

And careful guys-if you try and hang Reagan's numbers on Carter, you'll only be blaming Saint George for the current numbers for 2 more years.

5 million. Ha! Stimulus in Action!

#1 | Posted by cookfish at 2009-07-02 09:54 AM | Reply | Flag:

YEAH!!!

THE RESULTS SHOULD BE IMMEDIATE!!!

-the same simpletons who defended 6 years of War with a trillion dollar price tag.

Seems as though corporations (see: "employers") don't much care for Obama and the Democrats' plans. Since it became apparent that Obama would be elected, the market has tanked and unemployment has skyrocketed. They have a filibuster-proof majority now, so let's see them actually do something about this. My guess is things will only get worse.

This number speaks loudly to the foolishness, scratch that, criminality of the bailout.

Mr President the plan initiated by Bernanke & Paulson with support from Geithner, Summers, Greenspan, and Rubin ISN'T WORKING.

Wake up and smell the shit.

the market has tanked

Posted by JOE

Tanked? It is 4% above where it was on Jan. 20, and a little under 5% below where it was on Nov. 4.

It actually hit bottom in early March and has been rising fairly steadily since.

As unemployment rises the nit wits look to Obama instead of the corporations, like American Express, who are still outsourcing jobs as fast as they can.
They even defend the practice. And then they wonder why we say they continually vote against their own interests.

#4 | Posted by danni

Tell that to the company I USE to work for as of today that is sending product to Mexico and Asia..Got other options to pursue but it sucks for a lot of people.

Capitalism isn't for the workers. Capitalists are often not patriots.

#10 | Posted by Zed

that's for damn sure.. and the fucking scumbags here trying to divert attention from the corporations to "guv'ment" are just plain nitwits.

Companies aren't hiring those that are unemployed. That's the problem. On top of that most companies aren't hiring at all and many more are cutting jobs.

"
It actually hit bottom in early March and has been rising fairly steadily since."

Perhaps you didn't read my post. I said "since it became apparent Obama would be elected," i.e. since mid to late 2008. Whether we're up a few percent on the year doesn't change the fact that the Dow is about 4,000 points lower than it was a year ago. How you can say it's "climbed steadily" is a mystery, the thing goes up and down a few hundred points at a time.

Unemployment rate has been even worse.

2008 June 5.6 July 5.8 August 6.2 Sept 6.2 Oct 6.6 Nov 6.8 Dec 7.2

2009 Jan 7.6 Feb 8.1 Mar 8.5 Apr 8.9 May 9.4 Jun 9.5

Joe,

Exactly how far up Chimpy's asshole have you crawled by now? You must be up to his left armpit!!!

Do you idiots actually expect any thinking person to believe you crap? Bush and the Rtard congress were the sole reason for the Bush Depression.

The total asskicking Rtards took in the last election should give you a clue to that.

Face it, the only Republican Majority any time in the next 50 years will be at Gay Old Perverts conventions and at the local AA and ALANON meetings.

I never liked Bush. But to say that "Bush and the Rtard congress were the sole reason for the Bush Depression" is just retarded. The DOW was high and unemployment was low for the vast majority of his 8 years. If his policies were so disastrous, why wasn't the economy in the shitter in 2003?

"The total asskicking Rtards took in the last election should give you a clue to that."

Yeah, because the fact that the moronic general public was once again duped by the marketing blitz that is our electoral system, that really means something. Get a fucking grip.

By the way,

Unemployment
2008 June 5.6 July 5.8 August 6.2 Sept 6.2 Oct 6.6 Nov 6.8 Dec 7.2

2009 Jan 7.6 Feb 8.1 Mar 8.5 Apr 8.9 May 9.4 Jun 9.5

How long before Obama rescues us from this "Bush Depression?" 2 years? 3 years? I predict things will be even worse by then.

Who cares who's fault it is. Just fix the problem.

Tell that to the company I USE to work for as of today that is sending product to Mexico and Asia..Got other options to pursue but it sucks for a lot of people.

#57 | Posted by Legio

it sucks when our gov makes US business compete with asian counterparts, then dumps regulation & taxes on us that makes it impossible to compete

if feds would'a offered some business & payroll tax reductions - -
AND let the NRC approve the 17 pending (design approved) nuclear power plant permits . . . steel & construction, transportationwould be swamped with jobs
(reminder; France is 30 yrs ahead of us in nuclear power - using our technology)
(reminder II; most major US universities have a reactor on campus)

#5 | POSTED BY KANREI
"Unemployment numbers are only those people receiving unemployment benifits...the actual percent of those unemployed is actually much higher."

Good point, Kanrei, but I'll add something. Many people receiving unemployment benefits are NOT unemployed. Under-employed, perhaps, but not UNemployed. I know several people who match this description, one of whom lives in a house with a pool and a private drive, drives a late-model BMV, and goes to Vegas 4 or 5 times a year. She's hardly unemployed, and hardly hurting for cash, but from time to time, when she has a slow week or so, she receives unemployment benefits.

Anyway, I'm hoping this isn't the norm, just adding to your point about unemployment figures not representing actual numbers.

I have been saying this democrat party is a bunch of lazy do nothings for almost 2 years and almost every leftie on this sight go angry with me.

I pointed out back then that if we don't get offshoring stopped, wages up, jobs made will we continue to fall........we will continue to fall because this lazy democrat party and administration still has done nothing, not a damn thing.

I laugh at those who keep looking at wall street and thinking its slow gains will help.

We are in a world of hurt and we are just beginning, if this lazy do nothing congress and president continue doing nothing we will be heading for food lines soon.

Southwest airlines just announced they are taking maintenance to El Salvadore......now that is going to help our economy....those unemployed mechanics can fly cheaper with shakey maintenance.

Soon all those skill sets of maintaining our infrustructure will be lost.......welcome third world bailing wire.

#69 | Posted by moneywar at 2009-07-03 07:17 AM | Reply | Flag: can't even spell baling wire

those unemployed mechanics can fly cheaper with shakey maintenance.

Presumably the Salvadorian mechanics work for less than union wages.

How do you know their mechanics are inferior to the ones in the US? Any proof of this, or this just jingoism run amok? Besides, to remain licensed in the USA, SW still has to meet the same maintenance practices.

stimulus bill money will start flowing around 2010 just before the elections or what's left of it after it's spent on everything but creating jobs.

...American Express, who are still outsourcing jobs as fast as they can.

If Americans would work for the same wages, Amex would not outsource.

What is it you and moneywar don't understand about this? We Americans have gotten used to an extravagant lifestyle that takes a lot of money to support. Folks overseas don't demand boats, ipods, cellphone, cable TV, 2 cars, and 3,000^2 homes like we do.

If Americans weren't so greedy we'd need less money which means we could work for less, keeping jobs here.

People like Danni blame the corporations who are only trying to keep costs down instead of looking in her own mirror for blame of the outsourcing issue.

#70 | Posted by Zatoichi at 2009-07-03 07:26 AM | Reply | Flag

Another useless dickweed concerned about typo's.

WOB why not tell us about some other scientific super star your associated with, we can bow down to your lordship.

...get offshoring stopped, wages up,...

Mutually exclusive

Don't you understand that outsourcing is because of high domestic wages? The higher the wages in America, the more likely their job is going to someone who works for cheaper overseas. Geez -- it's a simple concept. What part of it don't you understand?

Goatman,

You're nothing but a dumb shitbird trying to troll for an argument....just another WOB but at least you are a slight rise above Zat's worthlessness.

You're nothing but a dumb shitbird trying to troll for an argument....just another WOB

IOW, you have no reasonable rebuttal, so you turn to ad hominem. Well, that's what losers do.

Goatman,

I understand find, but apparently you have difficulty grasping the circumstances of the entire issue or rather just choose to ignore......for what reason no one knows.

Goatman,

I am not interested in rebutting you, I know better.....it is a worthless enterprise.

Boy, zat WOB is slow, I was waiting for him to point out I used the wrong YOUR.

I am not interested in rebutting you, I know better.....

I don't blame you. Anyone who thinks higher wages is the answer to outsourcing doesn't stand a chance at providing a logical argument.

Kudos to you for being smart enough in knowing when to cut your losses and bow out.

I understand find, but apparently you have difficulty grasping the circumstances of the entire issue or rather just choose to ignore......for what reason no one knows.

So explain it to me intead of calling me names! Start with explaining how we can increase wages in America and stem outsourcing. I'd love to hear this one.

I'd also like to hear on what you base your assumption that Salvadorian mechanics are inferior to US's. That's a bit elitist if you have no proof of this, DYT?

Presumably the Salvadorian mechanics work for less than union wages.

First off, most maintenance bases for U.S. carriers are not union and the mechanics wage is around 14 bucks per hour.

How do you know their mechanics are inferior to the ones in the US? Any proof of this, or this just jingoism run amok? Besides, to remain licensed in the USA, SW still has to meet the same maintenance practices.

Been there, and you're naive in thinking the practices meet the same standard.

...and you're naive in thinking the practices meet the same standard.

I thought the FAA required certain quality standards in order to grant and renew licenses to US carriers? In fact, I'm certain this is true.

I don't blame you. Anyone who thinks higher wages is the answer to outsourcing doesn't stand a chance at providing a logical argument.

Where have I said higher wages is the anwer to outsourcing? Stupid shitbird making up argument to bash at. Well, that is your creation so argue with yourself.

I suppose you can't seem to understand that wages(one issue) and offshoring(another issue) need to be addressed FOR OUR economy.

Like I said, your worthless.

I suppose you can't seem to understand that wages(one issue) and offshoring(another issue) need to be addressed FOR OUR economy

The two concepts are mutually exclusive. But maybe a little more name calling instead of letting us in on the plan to manage that will make it come true. LOL

Higher wages, runnysore? To spend on what? We 5% of the world's population already consume 20% of its resources. Isn't that enough?!? Wanna go for 25%? I think stemming America's greed is a better solution, but I'm sure you disagree.

I said it under Bush, so I must say it now:

Unemployment numbers are only those people receiving unemployment benefits...the actual percent of those unemployed is actually much higher.

#5 | Posted by kanrei

Excellent point Kanrei. Employment is much higher than reported.

To lay this dilemma at Bush or Obama's feet is misdiagnosing the illness that's afflicting the US(and the world).

"Permit me to issue and control the money of a nation, and I care not who makes its laws."
-Rothschild

Lew Rockwell's website has some very interesting articles concerning this issue.

unemployment and falling wages are intrinsically linked because consumer spending has always been 70% of our economy. They reflect the

"They reflect the..."

The....?

"wages(one issue) and offshoring(another issue)" - moneywar

"The two concepts are mutually exclusive." -goatman

Aren't you saying the same thing as MoneyWar, or do you mean, mutually dependent?

We all knew this would get worse before it would get better.

It's not Obama's fault, Bush very nearly destroyed our country with his stupidity, and it's going to take some time to recover.

Goatie, are there no citizens of other countries who can do what you do? Why do you have a job?