What will Obama do when job loss happens after this stimulus (i.e.spending) bill?

Question

an op-ed piece in The Washington Post, the president argued that each day without his stimulus package, Americans lose more jobs, savings and homes. His message came as congressional leaders struggle to control the huge stimulus bill that's been growing larger by the day in the Senate. The addition of a new tax break for home-buyers Wednesday evening sent the price tag well past $900 billion.


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I think he needs to choose he words more wisely, giving people the notion that as soon as this porkulus bill passes, all will be well is irresponsible.

Personally I am a little tired of him over promising.

Answer 1

He'll continue to blame Bush for it as long as he can. After a couple of years and its no better, people will vote anybody else in to replace any democrats up for elections.



Someone wise said that people elect democrats to remind themselves why they should elect republicans.

Answer 2

biased lots? i'm getting the GOP Leaders newletter, i think of you shrink and pasted it right here. it truly is a foul recession, further approximately by utilising the two dems (bill Clinton) and repubs (lax oversight, no regulation, political appointees to posts - W) and unregulated greed. The Republican's answer to that end some distance is to extra shrink taxes on the wealthy - the standard trickle down economics that leads to a golden bathe of the incorrect type on the middle classification. i've got voted GOP/DEM earlier - I wish the GOP could get their collective heads out of the mandatory orifice of the some distance suitable and come again to authentic economic duty, states rights, small government. enable's no longer forget - W doubled the nationwide debt from 2.5 to 5 trillion funds. This stimulus kit we are finding at now, and the bailouts stain the hands of the two events. in the event that they shop at it like this, there is going to be gridlock like we've in CA. rigidity all of them to do greater effective, and stop slinging slogans

Answer 3

I don't think the bill will pass, TG. If it did, of course Obama would take credit for "fixing" the economy, even though the bill would put us more in debt with one stroke of the pen than George Bush did in his entire 8 years.



I am already tired of him, period. He is trying to subvert the Constitution. New Hampshire has already passed a resolution to secede from the US if Obama does much more of what he is trying to do, and 8 other states are drafting similar legislation. How much more confirmation does anyone need that Obama is not doing the right things, and is doing the wrong ones?

Answer 4

After it passes we will hear reports such as; (and within a matter od days) "The stimulus bill went a long way toward fixing our economy, but because of more recent downturns we need another billion, or three, or five, to assure the slowing of a worsening economy caused by Bush."

Answer 5

FIRST-QUARTER LAYOFFS: Selection Of Job Cuts By Major Companies 02/05 11:00 AM



When your job is gone it will not be a lie.



The following chart is a selection of some first-quarter announcements of job cuts since the beginning of the year. Some numbers are estimates.

Company Name Date of Number of Percent



Announcement Jobs Cut Work Force



Bombardier 02/05/2009 1,360 4.5%

Estee Lauder 02/05/2009 2,000 6%

Talbots Inc. 02/05/2009 370 17% -q

Time Warner Cable 02/04/2009 1,250 3%

THQ Inc. 02/04/2009 350 15.9%

Harman International 02/04/2009 1,110 -p 9.4%

Finisair Corp. 02/04/2009 200 17%

ON Semiconductor Corp. 02/04/2009 350 3%

Panasonic 02/04/2009 15,000 5%

Allergan 02/04/2009 560 5%

Electronic Arts Inc. 02/03/2009 1,100 11%

PNC Financial Services 02/03/2009 5,800 10%

King Pharmaceuticals 02/03/2009 760 22%

Liz Claiborne 02/03/2009 725 8%

SAS 02/03/2009 3,000 13% -n

Huntington Bancshares 02/03/2009 500 4%

Atlas Copco 02/02/2009 3,000 9%

QAD Inc. 02/02/2009 125 8%

Macy's 02/02/2009 7,000 4%

NEC 01/30/2009 20,000 7%

Hitachi 01/30/2009 7,000 2%

Sears Holdings Corp 01/30/2009 300 -l 4.34% -m

Electro Scientific 01/30/2009 84 11.9%

IDT Corp. 01/30/2009 146 8.5%

A.H. Belo Corp. 01/30/2009 500 14%

Tribune Co. 01/30/2009 300 -k N/A

Caterpillar 01/30/2009 22,110 -j N/A

Baldwin Technology 01/30/2009 80 12%

American Axle 01/30/2009 3,000 N/A

Pep Boys 01/30/2009 50 N/A

KCOM Group Plc 01/30/2009 150 N/A

Chartered Semiconductor 01/29/2009 600 8%

Alexza Pharmaceuticals 01/29/2009 52 33%

International Game Tech 01/29/2009 200 10%

Charles Schwab Corp. 01/29/2009 500-600 3.7%-4.5%

Chico's FAS 01/29/2009 180 11% -i

Eddie Bauer Holdings 01/29/2009 193 15% -h

Black & Decker 01/29/2009 1,200 5%

Bon-Ton Stores Inc. 01/29/2009 1,150 3%

Zygo Corp 01/29/2009 NA 7%

Accuray Inc. 01/29/2009 60 13% -g

Broadcom Corp. 01/29/2009 300 3%

Eastman Kodak 01/29/2009 4,500 18%

AstraZeneca 01/29/2009 7,400 11%

Ford Motor Credit 01/28/2009 1,200 20%

Analogic Corp. 01/28/2009 140 9%

Ferro Corp. 01/28/2009 125 2% -f

Avocent Corp. 01/28/2009 170 8%

Boeing Co. 01/28/2009 10,000 6% -d

Bowne & Co. 01/28/2009 200 6%

Sepracor Inc. 01/28/2009 530 20%

Allstate Corp. 01/28/2009 1,000 -e 2.6%

Cabot Corp. 01/28/2009 500 12%

Skyworks Solutions 01/28/2009 150 4%

Citrix Systems 01/28/2009 N/A 10%

Jabil Circuit 01/28/2009 3,000 4.92%

AOL 01/28/2009 700 10%

Starbucks 01/28/2009 6,700 4%

SAP 01/28/2009 3,000 6%

STMicroelectronics 01/28/2009 4,500 9%

Avery Dennison 01/27/2009 N/A 10%

Baker Hughes 01/27/2009 1,500 4%

Corning 01/27/2009 3,500 13%

Cooper Industries 01/27/2009 2,200 7%

Clariant 01/27/2009 1,000 5%

Texas Instruments 01/26/2009 3,400 12%

Home Depot 01/26/2009 7,000 2%

Sprint Nextel 01/26/2009 8,000 13%

Pfizer 01/26/2009 8,300 10%

ING 01/26/2009 7,000 5%

Philips Electronics 01/26/2009 6,000 5%

Corus 01/26/2009 3,500 10%

Harley-Davidson 01/23/2009

Answer 6

If we stop the declining real estate values, we may improve consumer confidence.

it is a little more complicated than such a short explanation, but that is the goal and a bigger explanation probably would be over your head, since you are referring to it as "porkulus" bill....obviously drivel you got from Rush.

Answer 7

He's attempting to fix a problem that was caused way before he became President. He’s only been in office 1 month. We can only pray that he can fix what Bush, his party and administration destroyed. Were you (crying) this much when last president was CREATING all the problems...You are pathetic!

Answer 8

He is still trying to get Republicans to join so they can share the blame!

Answer 9

blame it on the republicans, and Bush.

Answer 10

There is no one thinking that there will be any sort of overnight fix of any sort. All you're doing is showing your dislike of him and his supporters.