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Posted on Thu, Sep 8, 2011 : 9:44 p.m.

Dingell says he's ready to fight for President Obama's $447 billion jobs plan; Walberg less thrilled

By Ryan J. Stanton

Following tonight's speech by Barack Obama, U.S. Rep. John Dingell, D-Dearborn, said he's hopeful Congress will join him in supporting the president's $447 billion jobs plan.

"It was a vigorous speech. It sets out a program that the people have been waiting for and very much want and I intend to support the president very much," said Dingell, speaking with AnnArbor.com via phone from Washington, D.C.

"What he's including in there is, first of all, paid for, and it is full of things that have been supported by people on both sides of the aisle," Dingell said of the plan, which includes a mix of tax cuts and spending intended to spur hiring and consumer spending.

John_Dingell_headshot_May_2010.jpg

John Dingell

The plan would provide tax breaks for companies that hire new workers, including a $4,000 tax credit for hiring anyone who has spent more than six months looking for a job. Obama said it would put thousands of people to work in every state, including teachers, police officers, firefighters and construction workers.

Meanwhile, it would cut payroll taxes in half for every working American and every small business, while extending unemployment benefits.

"Pass this jobs bill, and the typical working family will get a $1,500 tax cut next year," Obama told a joint session of Congress. "Fifteen hundred dollars that would have been taken out of your paycheck will go right into your pocket."

U.S. Rep. Tim Walberg, R-Tipton, said in a statement tonight he hoped the president was finally ready to join him in encouraging private-sector job creation.

"Unfortunately, during most of the president’s speech, all I heard was more of the same old song and dance: more spending, more regulation, more government-centered stimulus and more of the same failed policies," he said.

"House Republicans have passed several significant proposals to encourage job creation like repealing the health care law and removing regulatory barriers to domestic energy production," he added. "Yet those efforts have been blocked by the president and the Democratically-controlled Senate."

Dingell praised the fact that Obama's plan includes spending $100 billion on constructing roads, bridges, schools and other infrastructure.

"We've got bridges that are screaming for repair and rebuilding," he said. "I've got schools in the district where the roofs leak, that are older than the grandparents of the kids who are attending the schools, and are sadly in need of repair."

Infrastructure projects are proven economic generators, Dingell said. For every $1 spent on infrastructure, $1.44 is returned to our economy, he said.

U.S. Sen. Debbie Stabenow, D-Mich., issued a statement saying she hopes Obama's speech focuses Congress’ attention back where it should be: on creating jobs.

"The president offered his ideas, now members of Congress need to offer theirs, and then it’s time to come together and get something done," she said. "I’m going to keep urging Congress to pass measures particularly important to Michigan’s economy, like growing jobs in advanced batteries, agriculture and small businesses.”

U.S. Sen. Carl Levin, D-Mich., issued a statement calling Obama's speech a rousing, patriotic call to bipartisan action.

"The elements of this program have had bipartisan support in the past and would not add to the budget deficit," he said. "There is overwhelming agreement among economists that the Recovery Act we passed in 2009 helped to prevent a second Great Depression; now we must act to avoid slipping back into recession."

Michigan Gov. Rick Snyder noted in a statement that Obama is calling for many changes at the federal level that have already been made here in Michigan.

"The president proposed cutting payroll taxes for small businesses in half to encourage job growth," he said. "In Michigan, we already ended the double tax on small businesses. The president proposed ending loopholes for corporations. In Michigan, we already did that by switching to a flat 6 percent corporate income tax that is simple, fair and efficient."

Added Snyder: "These are changes that will help create an environment where jobs can grow, and they should be considered by Congress."

Snyder also took note of Obama's emphasis on infrastructure projects. He said Michigan has a "huge opportunity" to build the New International Trade Crossing — a privately funded project that Snyder believes is vital to Michigan’s economic future.

"Canada is Michigan’s No. 1 customer and we need to expand our ability to export Michigan-made products to the world," Snyder said. "Building the NITC will not cost Michigan taxpayers, and it means Michigan will receive approximately $2.2 billion from the federal government to use for other road projects throughout the state."

With the national unemployment rate stuck at 9.1 percent and Michigan’s rate at 10.9 percent, Dingell said leaders in Washington need to stop playing political games and get to work on turning around the economy and creating jobs.

But will Congress get behind the president?

"He got some applause out of the Republicans for some of the things he said and, frankly, we'll see," Dingell said. "We've got 14 months before the next election, we've got three months before the end of this session, and we've got to produce a huge amount of work if we're going to carry out our responsibilities to the people."

Ryan J. Stanton covers government and politics for AnnArbor.com. Reach him at ryanstanton@annarbor.com or 734-623-2529. You also can follow him on Twitter or subscribe to AnnArbor.com's e-mail newsletters.

Comments

Carole

Fri, Sep 9, 2011 : 4:24 p.m.

Government needs to get out of the public's lives. The Obama Health Care Package needs to be done away with -- it is no good whatsoever -- companies are not hiring because they don't really know what is in the package. Keep our jobs here in USA--stop sending them overseas. I for one, still look for a USA or Canada label on items that I purchase.

Megarz

Fri, Sep 9, 2011 : 3:23 p.m.

This is a step in the right direction and I hope it gets passed.

HaeJee

Fri, Sep 9, 2011 : 3:21 p.m.

As an outside spectator to this circus act, we call government, I see the following: Bottom-line, people want more jobs created, yet they also want spending cut. I am not sure what government can do to create more jobs beyond funding programs to stimulate the economy or hiring more government workers. This method worked during Eisenhower's term. Republicans have believed for decades that deregulations and big corporate tax breaks will stimulate the economy (which hasn't proven to work in the past). It is time to increase the top margin tax rate to stimulate our economy. People refer to the 1950's when jobs were readily available, but fail to acknowledge that the top tax rate was 95%. Our top tax rate prior to Reagan's end of term was above 50%. Right before Reagan left office, he lowered the tax rate to a record low of 28% for Bush Sr. and was viewed a hero among his conservatives. Everyone sees that we are in a recession and those of us that have good paying jobs are fortunate, but we also see our friends and family who have been hit hard. I have never supported long term social programs that enable people, but I do support programs that will create jobs and bring pride back to our unemployed. If I have to pay more in taxes to fund roads and bridges to be fixed, hire more teachers to better educate our young, fund more research programs for healthcare, fund more grants to create small business venture…. then it is worth the long term effects for my children. I think it is time to stop being petty and taking sides with politicians who act like children and support our fellow Americans that have been hit by the economy and want to work.

towny

Fri, Sep 9, 2011 : 2:43 p.m.

Yes, take a look at all the jobs that have been outsourced in this country this is the problem. The big corporations especially ford have sent all the jobs out of this country to Mexico. Ignorant americans have did little to stop this corp greed. This is what is the real problem with this country all of the jobs have left the country and no americans seem to care. Please boycott what is not made here. Why is the government not doing something about the real problems. Because they are bought and paid for by the Corp Lobbyists who really run this country. Americans need to some day open your eyes and take a stand or real soon this country will be lost.

DeeDee

Fri, Sep 9, 2011 : 1:55 p.m.

Tim Walberg is bought and paid for by Koch brothers and the Club for Greed. He thinks that outsourcing jobs is good for America. He's part of the republican "race for the bottom" economic plan to further impoverish working and middle class people. We need to make him a one term congressman for a second time, and get someone who actually believes that America can be great instead of just sending our kids opportunities to China. Shame on him for parroting the failed policies of the previous Administration which led to this crisis in the first place.

Ron Granger

Fri, Sep 9, 2011 : 1:42 p.m.

I hear all this obstructionist noise from republicans.. Lots of complaining. But I haven't heard a single proposal to create jobs or stimulate the economy. They promised they'd create jobs if elected to congress. They won the house. So where are the proposals? The ideas? They got their tax cuts for the rich extended, so the rich pay a lower percentage than most working people. It seems their primary focus is the failure of America so long as Obama is President. They seem willing to sacrifice our country, and the people, for political gain. At least this proposal is something. The republicans seem uninterested in shaping exactly what that something is.

a2citizen

Fri, Sep 9, 2011 : 2:17 p.m.

Agree with the obstructionist sentiment...but Obama should have made this proposal two and a half years ago.

Top Cat

Fri, Sep 9, 2011 : 12:21 p.m.

Mr. Dingell has never met a failed Keynesian policy or program that he doesn't like.

Jaime

Fri, Sep 9, 2011 : 12:12 p.m.

It doesn't matter what Obama proposes. The Republican controlled house will not pass it. The sole interest of Republicans is to make him a one term president. They don't care if the average American continues to be unemployed if it will help their cause.

81wolverine

Fri, Sep 9, 2011 : 12:11 p.m.

I at least give Obama credit for trying to do something to whittle away at the terrible unemployment rate. There are a few good things about his plan including fixing schools and updating infrastructure. At least those have some sort of payback long term. But, there are other aspects of it that just will add to the deficit while achieving nebulous gains. He will need to explain in credible terms where the money will come from to pay for this Also, I'm very skeptical of the $4,000 hiring credit for businesses. What's REALLY going to make a business want to hire someone is increased spending from their customers. Otherwise, even with the tax credit, their cost to hire a new employee will be not worth it unless the business is there to justify it. For once, I'd love to see Congress and the President take REAL steps to fix our problems instead of trying to use band-aids like stimulus packages and gimicks. And for Pete's sake Dingell - PLEASE, PLEASE retire! This state and country need new leadership that will move our economy back into the world leadership role it once had.

DonBee

Fri, Sep 9, 2011 : 12:06 p.m.

There is a fact sheet at Whitehouse.gov that provides round number amounts and some background for each part of the "Jobs" bill. I would suggest everyone take the time to read it. If you add all the infrastructure money up, it comes to about 80 billion dollars out of the 477 billion the bill asks for. That 80 billion will actually create something of lasting value and provide longer term jobs. The other 397 billion will all be spent before the 2012 elections and will provide very little in the way of long term benefit. I personally would have liked to have seen the numbers reversed, both in the original stimulus bill and now. If 397 billion were being spent for road building, school re-hab, and other infrastructure, not only would good paying jobs be created, but factory work to supply those projects would go up as well. This is another bandaid on the problem. The studies released a couple of weeks ago by George Mason University on the initial stimulus bill are clear indications of how feeble the initial stimulus bill was, and how poorly it was targeted. This one seems no better. There are few or no jobs in this "Jobs" bill, only political posturing that will hurt the US more.

EyeHeartA2

Fri, Sep 9, 2011 : 12:06 p.m.

"Infrastructure projects are proven economic generators, Dingell said. For every $1 spent on infrastructure, $1.44 is returned to our economy, he said." Really? If some is good, more is better, right? So we should spend, like 10 Trillion? and get like 14 Trillion back? .. and we keep electing this baffoon.

SalineSara

Fri, Sep 9, 2011 : 12:05 p.m.

Hmmmmmm, Boeing wants to build planes in South Carolina and Obama and his union boss buddies (Hoffa, et. al) are blocking a private business from establishing where it wants to. This President has lost the respect and confidence of the American people. Send in the clowns.

outdoor6709

Fri, Sep 9, 2011 : 11:54 a.m.

Senator Stabonaw, Congressman Dingell where is your FY 2012 budget? The President asked for $442 billion in cuts from current spending to pay for his new spending? " And this spnding will be fully paid for". What will those cuts be???? Lets cut funding to ACORN. Lets cut spending on NLRB which is currently blocking 2000 new jobs in N.C. Lets cut the positions of bureacrats that are blocking the rpermitting of off shore oil in Gulf. That will bring back 35,000 jobs. Lets cut the people who think 56 MPG cars by 2018 is great idea. This will save 125,000 jobs, many in Michigan. As a side note 56 mpg cars will destroy road funding. I am dissapointed that President Obama does not have a bill to deliver to congress today, where is the presidential leadership we expect?

David Briegel

Fri, Sep 9, 2011 : 4:37 p.m.

You would really benefit from a real news source. You should check your facts.

ThinkForYourself

Fri, Sep 9, 2011 : 11:36 a.m.

Apparently "Jobs" is an abbreviation for " Union Jobs". The only ones identified in anyone's comments are teachers, police, firefighters and construction. Sounds like a political campaign speech that is shoring up the base. What happened to wanting to quit the gamesmanship. Stop insulting the intelligence of the public.

SonnyDog09

Fri, Sep 9, 2011 : 11:15 a.m.

The drinking game from last night: every time Obama said "pass this bill right away", take a drink. I also like that this isn't actually paid for. What he will do is direct the "super committee" to figure out how to pay for it. That's leadership! This is just porkulus version 2.0

David Briegel

Fri, Sep 9, 2011 : 4:35 p.m.

Gosh, maybe we could get Tom Delay to explain pork to you.

Judy

Fri, Sep 9, 2011 : 11:08 a.m.

Well, get ready for a whole new group of unemployed, as companies let old employees go "at will" so they can hire new employees to get tax cuts. At the end od 0f 2008 that is what the company I work for did, half the staff was cut, now they have half the staff with 2 years or less after letting go employees with 10,15, 20, 25 years go and "did not hire them back." The Rich get Richer and us middle class get smaller and poor.

David Briegel

Fri, Sep 9, 2011 : 4:34 p.m.

But Judy, these are those noble job creators and we must further cut their taxes so more money will gush upwards. You aren't a job creator! Jokes on us Judy as the delusional continue to buy that trickle down lie!

clownfish

Fri, Sep 9, 2011 : 10:54 a.m.

Walberg must be living in an alternate universe. Obama talked of removing regulation, not increasing it. Under Obama domestic gas/oil exploration has INCREASED. The health care law has had no effect on job creation, as most elements have yet to go into effect. No watch, all of a sudden the GOP will be against tax cuts for those that actually work for a living. Can the GOP work for the betterment of the USA, or will they continue to put the defeat of Obama above all other considerations?

SalineSara

Fri, Sep 9, 2011 : 12:02 p.m.

After the trillion dollar failure of the first "stimulus" Walberg and America agree end the spending, cut the regulations, eliminate the capital gains tax, and in general get the hell out of the way. Let business prosper and oh why is Obama stopping Boeing from building planes in the USA?????????????????????

DonBee

Fri, Sep 9, 2011 : 11:59 a.m.

No impact from the Health Care Bill, Clownfish? The BBC even acknowledged the impact last night, interviewing several small business owners who have stopped hiring, while waiting for the rules from the 2,000 page bill to be made public. Every study I can find indicates that there has been a "Chilling" impact from new regulation under the current administration. In addition actions like the NLRB have taken with the home building industry and Boeing have caused a number of companies to take jobs out of the USA.

Goober

Fri, Sep 9, 2011 : 10:46 a.m.

We want jobs that are permanent, not an extension of unemployment benefits and one time payments to states for projects and people. One time payments only extend the misery beyond the short term. Dingell should talk to O'Bama's best bud, the GE CEO to bring back the jobs his company recently shipped over to China. It is a slap in our face to have the GE CEO as the head of the jobs council. What do you say about that, Dingell?

DonBee

Fri, Sep 9, 2011 : 11:57 a.m.

Goober - Believe it or not, GE is actually bringing some jobs back to the US and specifically to Michigan. In what used to be called Visteon Village, more than 1,000 Michigan professionals have jobs, many of which were in India a year or two ago.

worldchamp

Fri, Sep 9, 2011 : 10:42 a.m.

Where on earth are we getting all of this revenue to spend for jobs? Are these some more of those "Shovel Ready" jobs our president gave us the first time. What the heck happened to all of that money, almost a Trillion. Who really benefited. I wish there was a way to track all of the spending. Instead of spending more of our hard earned money and throwing it into a ditch, put on the backs of the business man. Take away a few regulations when they hire x-number of employees. That is what is really hurting jobs, more and more regulations

KJMClark

Fri, Sep 9, 2011 : 11:59 a.m.

Don, why don't you try actually citing the work you're talking about? Frankly, I think you're misstating the research.

DonBee

Fri, Sep 9, 2011 : 11:54 a.m.

clownfish - Read the research reports from George Mason University about the prior stimulus package before you jump on the effectiveness of the prior stimulus bill. The professors and their graduate students did over 1,300 interviews of people who actually got the money and the results were, shall we say, much less than the models projected they would be. These seem to be the only ground level reports that have been written to date. Both by professors who have been liberal leaders in the past. Yes, Washtenaw got an average of $1,933 a resident, while Wayne County, in much deeper trouble got only $584 per capita. Michigan overall saw $1475 per capita, about $75 above average for the stimulus bill while Washington DC saw over $3,300 per capita. Stimulus, not, those that had pull got money, those that really needed it, did not. This will be more of the same with only about 80 billion going to infrastructure and long term benefits, the balance is handouts of various sorts. The fact sheet is up on Whitehouse.gov, the numbers I used above come from ProPublica.org.

clownfish

Fri, Sep 9, 2011 : 10:59 a.m.

All of the people that are rebuilding I-94 are benefiting, as are the people that drive on the new road. Washtenaw county received over $600,000,000. That had an effect on our economy, a positive effect. The money can be tracked, turn off FOX and spend some time doing the work.

Smart Logic

Fri, Sep 9, 2011 : 10:35 a.m.

The next stimulus is cleverly labeled as a jobs plan. We'll be right back where we've been after the last couple rounds of this: temporary bump, rapidly revert right back to where we were, and have more debt to show for it.

towny

Fri, Sep 9, 2011 : 9:41 a.m.

88 years old. Come on retire man enjoy what you have left with your young wife. Your time is pass. You just agree with what ever comes out of Obama's mouth. Why is it always Democrat against Republican or vise versa. Tired of this fight it only hurts the people. I thought it was suppose to be for the people this has definitely been forgotten. If Obama gets elected again there will be a depression in this country. The man does not have a clue.

David Briegel

Fri, Sep 9, 2011 : 4:28 p.m.

Gee Don, maybe you should get a decent candidate to run against him. That's how it works around here.

DonBee

Fri, Sep 9, 2011 : 11:43 a.m.

But...but....Towny...He has to die in office so the Governor will appoint his wife to fill his term and then pass the office to the third person in the Dingell family. After all it is an Imperial position that only can belong to a Political Class family, no riff-raff need apply.

InsideTheHall

Fri, Sep 9, 2011 : 6:35 a.m.

More failed Keynesian econ policy from Professor Obama. No surprise, he is who he is and the American people suffer as a result. The American Fall comes November 2012.

Monica R-W

Fri, Sep 9, 2011 : 6:05 a.m.

I'm on the side of President Obama, Senator Stabenow & Levin, Congressmen Dingel, S. Levin ....let's get this JOBS BILL PASSED NOW!

racerx

Fri, Sep 9, 2011 : 4:37 p.m.

@DonBee-check your facts. The CBO just announced that the stimulus did create or save 3-4M jobs. The problem with the stimulus was that it wasn't big enough. Think about what happened in the 30's during that great recession. FDR introduced programs that put people to work and build our infrastructure, thusly, building our nation out of that crisis. To bad the view in congress doesn't want to spend any money to do the same. If it were all tax cuts and cutting government spending, it would have occurred during Bush.

Carole

Fri, Sep 9, 2011 : 4:21 p.m.

Statistics show that the stimulus didn't work last time, what makes you think it will work this time --

KJMClark

Fri, Sep 9, 2011 : 11:57 a.m.

Don, the stimulus did work, the neutral Congressional Budget Office and lots of other organizations, including your cited professors show that it did work. But it wasn't big enough to restore full employment, just enough to reduce unemployment over what it would have been. It *was* oversold, however.

DonBee

Fri, Sep 9, 2011 : 11:42 a.m.

Monica - I would be with you if it really were a jobs bill, but only 80 billion of 477 billion actually goes to infrastructure, the balance is handouts. We saw in the last "Stimulus" bill that the handouts did not create jobs. There are two interesting papers on the "Stimulus" bill done by Professors at George Mason University, home of several NPR programs, that show why the stimulus did not work. I would suggest you read them, everyone read them, before they consider this package a JOBS bill.

John A2

Fri, Sep 9, 2011 : 5:08 a.m.

I have come to believe that the oil companies are holding the nation hostage, and if we don't allow them to drill in the golf then there is going to be unemployment. Didn't they say the other day that they would create 1.5 million jobs if we allow them to drill. Whats that all about anyway??... we're really damned if we do and vise verse. The earth is dammed to dieing from pollution either way it goes. But maybe we can have a few more minutes of life. I like looking at the pretty pictures. So, we get hit in two directions. We get hit 440 billion dollar job force thing. Then the oil companies will get to open the drilling and we all are doomed. But!!!! we shall be employed working on killing all life as we know it.

a2citizen

Fri, Sep 9, 2011 : 3:39 a.m.

He should have given this speech 2 years, 7 months and 19 days ago.

HaeJee

Fri, Sep 9, 2011 : 2:57 p.m.

He was to busy doing emergency clean up after Bush's failed reign.

leaguebus

Fri, Sep 9, 2011 : 3:22 a.m.

At 88, Mr Dingell still has more on the ball than most of the just say no to everything, no matter how good an idea it is, so we can get rid of Obama, Republicans.

David Briegel

Fri, Sep 9, 2011 : 3:24 a.m.

They want America to fail! Noble patriotic citizens they are.

Bogie

Fri, Sep 9, 2011 : 3:09 a.m.

"But will congress get behind the president?" Did we not hear the same words two years ago? Infrastructure, high speed rail; high speed internet? Where did all the other money go? It balanced budgets and satisfy state employee unions. Seems to me, the president is talking about spending a boat load of money again, without giving specifics. I'm all for work on the roads, but what I saw the last time was a bunch of 2inch resurfacing projects. The most entertaining revelation of the night, was that the president would let us in a few days, how he proposed to pay for it! One more thing Mr. President, don't talk about "made in america" while your wife was sittting next to CEO of GE. One of the worst companies to export jobs to China, and doesn't even pay any taxes. Big business is in bed with both parties, my lefty ann arbor friends.

Not from around here

Fri, Sep 9, 2011 : 4:01 p.m.

KJM, you are miss-representing Bogies comments. The main thrust of his comment dealt with the previous moneys being miss-allocated. He is right, GE has been one of the biggest offenders in sending work overseas, but not just for the reasons he states. I have a freeind that works for GE lighting. The current rules in place prevent GE from making standard Light bulbs in america. The current EPA regulations make it difficult to impossible to produce the new florecent tube bulbs here. However stand light bulbs can still be imported from China. Goverment regulation did not prevent the use of standard Bulbs, just domestically produced ones. Subsequently GE shut down the lightbulb manufacturing in America, moved it off shore and are still able to sell them domestically. I have nothing indempendant to back this us, just the word of a freind who works for that division of GE. However he is a good Democrat so I doubt he's lie.

KJMClark

Fri, Sep 9, 2011 : 11:55 a.m.

The "shovel ready" road projects are almost always maintenance projects. Are you saying we shouldn't do maintenance projects? Are complete reconstructions the only ones that you'll accept?

Diagenes

Fri, Sep 9, 2011 : 2:50 a.m.

Can Rep. Dingell tell us which current programs he is willing to cut in order to implement the proposal? We know he will vote in favor of tax increases. Tell us which programs he is willing to cut. Where is the $100 billion for infrastructure going to come from? The President gave a nice campaign speech tonight. Long on rhetoric, short on specifics. More politics than economics. The President called for Medicare reform. Again no specifics. Will Rep. Dingell or Sen Stabenow be willing to vote in favor of significant changes to Medicare?

racerx

Fri, Sep 9, 2011 : 4:33 p.m.

How was the prescription drug program champion by Bush, made into law by republicans paid for? What about the two wars? How were they paid for? Why wasn't there a concern by republicans about the national debt when Bush ran it up to $3T? What about the 8yrs Bush was in office and his administration averaged 11K new jobs a month? 8yrs!

Silly Sally

Fri, Sep 9, 2011 : 11:35 a.m.

As my 5th grade teacher once said, "Two wrongs don't make a right". Bush was wrong on his spending, and Obama is even worse.

MyOpinion

Fri, Sep 9, 2011 : 3 a.m.

Which programs did Bush and the Republicans cut for the unfunded drug benefit for seniors? And, we have been fighting 1+ wars for 10 years - unfunded. No wonder we're in trouble, but interesting that folks only started getting fiscally responsible in the past year or so.

Hornet

Fri, Sep 9, 2011 : 2:45 a.m.

Seriously, Mr. Dingell? You are no longer qualified to serve, your time has passed, please do us all a favor and retire. More of the same hope and change charade, whatever....Voters - PLEASE get informed and vote for representatives who know how things really work outside of D.C., not how to spin words that make you feel good but do nothing substantial at all.

shepard145

Fri, Sep 9, 2011 : 2:45 a.m.

The most amazing thing about Dingell is that at 88 years old, he is actually going to run for another term in office. Dingell is nearly indigent and was stripped of his committee chairs by his own party. He has no power but does enjoy the luxury of living in the moment since future consequences, such as national bankruptcy, will not be his problem to deal with. Those ideas obama took from the Republican proposals are good but pulling investor money out of the economy in the form of NEW TAXES is a loser. Obama must play the class warfare card to play to his base but with regard to actual economics, he's STUCK ON STUPID. 1% of the highest earners pay 40% of federal taxes and the top 10% play 70% of the federal taxes ...but socialist obama defines "fair share", his favorite lie, as social justice - using the IRS to spread around the money other people earn.

outdoor6709

Fri, Sep 9, 2011 : 5:30 p.m.

Yes, so·cial·ism? ?/?so????l?z?m/ Show Spelled [soh-shuh-liz-uhm] Show IPA –noun 1. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. 2. procedure or practice in accordance with this theory. 3. (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles. In reality he may actually be a Fascist. One who believes in a highly regulated private economy.

MyOpinion

Fri, Sep 9, 2011 : 2:43 a.m.

Where are all the comments? Watching football or the US Open?