Report: First Stimulus Won't Meet Obama Administration's Job Goals

This is crazy.

When are we going to stop allowing the Administration to get away with this ridiculous "save or create" metric for jobs? I get why the Administration would try to use it, but why aren't journalists batting it down like the big juicy meatball it is? It's dishonest and unprovable.

Interesting new article at HotAir:
"Manchurian President?"

Maybe it is time for President Obama to take some advice from folks who thought there would be 'change' in the right direction, and that HE WOULD follow through on what he promised that he would do! At present, terribly DISAPPOINTED! He may have to learn that DISAPPOINTMENT affects BOTH PARTIES!

Think he should take the following under advisement:

1) Select cabinet members who are not tax cheats!

2) Stop the new Attorney General from calling the nation 'cowards' and fueling divisiveness.

3) At least in the beginning, ADHERE to the promises made regarding doing away with EARMARKS and PORK BARREL spending; and keeping lobbyists out of key cabinet positions. REMEMBER -- YOU HAVE VETO POWERS!! (NO MORE EXCUSES!)

4) Cease talking down business, and attempting to make successful enterprises the enemy!

5) Refreain from speaking of the 'stock market' in a cavalier way since there are millions of Americans who had depended upon the 'market' for their retirement through planning their own futures (401k and IRAs). At age 70, one's options are limited, BUT WE STILL VOTE!

6) Do not use tax payer money to bail out individuals who were not disciplined enough to think through personal financial obligations before committing to same. THIS IS REWARDING RISKY BEHAVIOR -- AT OUR EXPENSE! (Many of us learned the hard way as well, and came out the better for it!)

7) Stop blaming the current situation on your predecessor when your own party has had both chambers of Congress for over two years -- WHICH YOU WERE A MEMBER -- and, Barney Franks and Chris Dodd were in charge of the Congressional Banking Committees. Additionally, you had friends in Freddie Mac and Fannie Mae ( Mr. Raines and Mr. Johnson). This just causes folks who vote for you to question their own judgment as to whether or not they chose a guy NOT UP TO THE TASK!

8) The 'bipartisanship' touted during the campaign to be brought to Washington by the Obama Administration is not a 'one way street', or a night at the Whitehouse watching a movie or a game. It requires mutual trust, compromise, and demonstrated
credibility .. with true bipartisanship. Beating up on Eric Cantor -- or the 'boogey person' of the day is not a recommended strategy. Suggest the process begin!

9) Refrain from using the Whitehouse to attempt to silence critics-- Jim Cramer, Rush Limbaugh, Rick Santelli and now Eric Cantor. It cheapens the office, and causes one to seriously question your priorities when we are in a serious economic crisis. Refer to item #8. Remember, this is not Chicago politics!

10) Deal more with substance rather than style, including weaning yourself from the teleprompter.

11) If in charge, TAKE CHARGE -- that includes engaging the Speaker of the House. SHE IS NOT THE PRESIDENT!

12) Daily pronouncements/speeches (stem cell research and education as examples) without detail plans; impacts on citizens; specific objectives and outcomes -- NOT GENERALITIES; and the costs; are really a waste of time, and you will find that your bully pulpit will rapidly become an ordinary soap box -- made of cardboard. Please do the homework before calling a crowd and saying 'nothing'.

13) Bring on a chief of protocol who can keep the Whitehouse and State Department straight, where there will be fewer embarrassments -- such as we suffered (and still suffering) the week of March 2d. That was pretty sophomoric.

14) LISTEN TO THE AMERICAN PEOPLE -- NOT WHAT YOU WANT TO THINK THEY ARE SAYING, BUT, WHAT THEY ARE SAYING!! MAKE US WANT TO SUPPORT YOUR EFFORTS, NOT -- REGRET OUR VOTE OF NOVEMBER 4!!

Credibility of a leader is EARNED -- IT IS NOT BESTOWED.

They Cut the Spending in the First Stim bill That was For Jobs to add in The Republicans sorry Tax cuts they always Cry about.

Well, George, why don't you call up Begala, Carville and Rahmbo and start ripping on another conservative so that the next $trillion will slip right under the public's noses?

Seriously, anyone who actually bought Obama's line that protecting salt marsh mice and preventing STD's didn't constitute as pet projects and would create or save millions of jobs needs to look no further than their ballot as to how this happened.

Angie in PA, and the funny part about it is the ridiculously small tax cuts are the only thing that would create jobs from this bill. Grow the economy, not the government! Allow wealth, don't destroy it! Make jobs, not work!

We all knew the administration was optimistic with these numbers. No shocker. But this will lead to a second stimulus.

http://www.political-buzz.com

Brian
Have we not give Tax breaks For the last 8 Years we Have given the Tax Breaks so why is Unemployment SO HIGH?

They Cut the Spending in the First Stim bill That was For Jobs to add in The Republicans sorry Tax cuts they always Cry about.
----------------------------
ANGIE IN PA,

CALLING YOUR FOOLISH BLUFF!

WHAT WAS REMOVED ? SPECIFICS, NOT TALKING POINTS!

Make Jobs Not Work??????????????????????????????????????????????????????????????????????????????????????? what

LOL....you just gotta love this, everywhere the liberal bloggers are saying give it time, give it time....

Now a pretty impartial group tells us what anyone with common sense knew!

Hey I mean its been what a whole week now without another 4, 5 or 6 hundred billion dollarts rolling out of the White House!

ANGIE IN PA,

Im still waiting to hear from you what was removed from the "stimulator"?

LOL....you just gotta love this, everywhere the liberal bloggers are saying give it time, give it time....

Hey I mean its been what a whole week now without another 4, 5 or 6 hundred billion dollarts rolling out of the White House!
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You do realize that the last president put two wars and tax cuts for the wealthy and corporations on a credit card, right? That wasn't borrowing, but suddenly the stimulus bill is?

It took eight years to dig ourselves into the current ditch we are in, so it stands to reason that we will not manage to pull ourselves out of the said ditch in a matter of weeks.

Monsanto’s dream bill, HR 875

HR 875, was introduced by Rosa DeLauro whose husband Stanley Greenburg works for Monsanto.

The bill is monstrous on level after level - the power it would give to Monsanto, the criminalization of seed banking, the prison terms and confiscatory fines for farmers, the 24 hours GPS tracking of their animals, the easements on their property to allow for warrantless government entry, the stripping away of their property rights, the imposition by the filthy, greedy industrial side of anti-farming international “industrial” standards to independent farms - the only part of our food system that still works, the planned elimination of farmers through all these means.

The corporations want the land, they want more intensive industrialization, they want the end of normal animals so they can substitute patented genetically engineered ones they own, they want the end of normal seeds and thus of seed banking by farmers or individuals. They want control over all seeds, animals, water, and land.

http://www.opednews.com/articles/Monsanto-s-dream-bill-HR-by-Linn-Cohen-Cole-090309-337.html

“The hope of the industry is that over time the market is so flooded [with GMOs] that there’s nothing you can do about it. You just sort of surrender.”

Oh. My. God. They are drunk on stimulus.

Why is it that when the public says ENOUGH - no more spending - the liberals whine "But Bush did it!!!"

Uh, yah. Gotcha. How does that make spending now okay? Now, when the economy is tanking?

But Bush did it? So if that was bad, Obama spending is GOOD?

Pass me whatever you people smoke. I've never been able to get that stupid on blissful ignorance - must be terminally pleasant

Most here are idiots in ever thinking a dope pusher racist like obama was really going to make changes for most taxpayers.

Here is a clue, tens of thousands of illegals are storming our border as obama promised if they voted for him that it is they he intends to get 3,000,000 jobs for.

Add the millions of phony visa workers, his friends at AIG who have slipped out of thus country $50 billon and counting of the so called bailouts and the only jobs we will get have a bonus of meeting the standards for food stamps

Sounds good. We cats need more food.

If you paid a worker $3000 a month for the next 3 years then you could employee 7,287,037 people for 3 years.

Who cares what job they have since they would spend the money anyway!

7.2 million is far greater than 2.5 million and you wouldn't need a second stimulus.

The money is being wasted anyway! Absolutely no planning is being done.

Here we go again. America is going to hell in a hand basket.

According to Google calculator:

1 000 000 000 000 / 3 000 000 = 333 333.333

If you just give 1 third of a million dollars to 3,000,000 people, we will be happy to spend it without having a job for two years.

Does PB0 have any sense what 1000000000000 is?

If you use 100 dollar bills, stacked up and side, you can build a wall around the earth taller than an American.

If you cut one slice of that bill length, off this wall, it's enough for a family of 4 to happily live for 10 years.

Their children's children's children of these families of 4 will pay.

When are we going to stop spending on the failed democratic Donkeynomics..

Most of the brightest economic minds on the planet (from all sides of "the isle") by and large agree(d) that the supply/demand equation is disconnected.

We have ample supply with liquidity restraining the demand capability to purchase.
To get the biggest part of this interruption of the basic economy 101 behind us we need liquidity and capitol changing hands NOW.

The Government is the only entity able to provide the necessary liquidity NOW.
The first stimulus "recovery package" was developed starting last fall when we were in a different place. As with all things monetary, especially right now, it exists in a very dynamic environment, changing and evolving constantly (unfortunately right now at light speed), we MUST get in front of the self effacing downward spiral of this economic, cash disappearing act.

The Administration has the right idea with respect to the stress testing in the banking sector. We must apply the same principals to the broader economy with enough latitude in the matrix of metric measuring to be flexible as well as accurate enough to provide the analysis required.

Only in this way will we be able to "get in front" of this train wreck.
So.........yes another stimulus package IS necessarily, we MUST make sure it is large enough to complete the desired tasks.

The political will for a third stimulus will probably be non existent. Get it right this time boys, and don't let the nay sayers push you off of what needs to be completed.

OK... so when people question the economy and the Stimulus we are told it is too soon to judge. Just give it time.

Now that they want more money in the drunken orgy or spending we know that it is not enough.

So they think we are all that stupid? Are we?

http://federalistblogs.wordpress.com/

I agree that we could have created alot more stimulus by giving all American citizens who signs up for unemployment a $3,000/mo. salary for 1 year (not three) to spend (or save, or invest in the stock market) as they wish. Forget about paying politicians to"distribute" the funds to we peons. The folks at the unemployment office do just fine....and you could hire a few more claims reps!!