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Why Obama is pushing for
stimulus in ´fiscal cliff´ deal

Christian Science Monitor, by Ron Scherer

Original Article

Posted By:Pluperfect, 12/2/2012 5:04:13 AM

How about a little government economic stimulus? That may sound incongruous considering the budget deficit and the push from Republicans to cut government spending. But President Obama’s first offer to avoid going over the "fiscal cliff" holds out the hope of at least some stimulus. This would include extending the 2 percentage point Social Security payroll tax cut, boosting a tax incentive to businesses, establishing a $50 billion bank for long-term infrastructure projects, and extending unemployment benefits.

  

Post Reply  

Reply 1 - Posted by: noddy, 12/2/2012 5:13:07 AM     (No. 9043971)

I want a heads´ up when congress votes themselves another pay raise. These should be announced well in advance of them taking place and comparisons should be made between them and the COL pittance for seniors with their Social Security checks; aka earned income.


Reply 2 - Posted by: steveW, 12/2/2012 5:57:01 AM     (No. 9043988)

For those who have been making the case that Obama has been damaging the economy on purpose, no further evidence is needed. He is now making the case himself.

Their is no "solution" Obama can possibly present, since he himself is the problem.


   

 

  


 
Reply 3 - Posted by: WhamDBambam, 12/2/2012 6:51:11 AM     (No. 9044030)

What happened to the last "stimulus" trillions, Christian Science Moronitor?


Reply 4 - Posted by: Grant Hodges, 12/2/2012 7:00:51 AM     (No. 9044039)

This "stimulus" is just more money for his rich donors. He will loan it out to them, they will grab the cash and then bankrupt whatever bogus project was the mascot for the loan.


Reply 5 - Posted by: planetgeo, 12/2/2012 7:13:13 AM     (No. 9044055)

Think of it as reparations for the stupid. And because they´re stupid, no matter how much you give them, it´s never enough.


Reply 6 - Posted by: Shucky, 12/2/2012 9:14:19 AM     (No. 9044242)

Clloward-Piven


Reply 7 - Posted by: Trigger2, 12/3/2012 8:10:23 AM     (No. 9045481)

This country is in quasi-bankrupcy status. The putz wants to spend and waste even more money. What´s wrong with this picture?


   

 

  


 

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Posted By: Pluperfect- 4/8/2013 5:16:33 AM     Post Reply
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