Freedom Ain’t Free & Take Our Country Back

VICTORY Is Not Defeat

Obamination: Class Warfare; No growth, No Jobs, No Debt Reduction


Obamination: Class Warfare; No growth, No Jobs, No Debt
Reduction

President Obama continues to joust straw men and  play class
warfare tactics with the economy, deficit, debt, jobs and taxes. His
mocking denials are transparent;  the jig is up; it is time for
him to exit stage left. I have said it before and I will repeat it Resign!
Resign!! Resign!!!

A few of the most egregious lies in the screed are
annotated with superscripts linked to my comments which appear in an
enumerated list below the screed. Click the superscripts to read the
related commentary and use your Backspace key to return to your place
in the screed.

 

Remarks by the President on Economic Growth and
Deficit Reduction

Rose
Garden

10:56 A.M. EDT

THE PRESIDENT:  Good morning, everybody.  Please have a seat.

A week ago today, I sent
Congress the American Jobs Act.  It’s a plan that will lead1 to new
jobs2 for
teachers, for construction workers, for veterans,
and for the unemployed3.
It will cut taxes4
for every small
business owner and virtually every5 working man and woman in
America.  And the proposals in this jobs bill are the kinds that
have been supported by Democrats and Republicans in the past.  So
there shouldn’t be any reason for Congress to drag its feet.  They
should pass it right away6.
I’m ready to sign a bill.  I’ve
got the pens all ready.




Now, as I said before,
Congress should pass this bill knowing that every proposal is fully
paid for7.
The American Jobs Act will not add to our nation’s
debt.  And today, I’m releasing a plan that details how to pay for
the jobs bill while also paying down our debt8
over time.




And this is important,
because the health of our economy depends in part on what we do right
now to create the conditions where businesses can hire9
and middle-class
families can feel a basic measure of economic security10.
But in
the long run, our prosperity also depends on our ability to pay down
the massive debt we’ve accumulated over the past decade in a way that
allows us to meet our responsibilities to each other and to the future.




During this past decade,
profligate spending in Washington11, tax cuts
for multi-millionaires and
billionaires12,
the cost of two wars13, and the recession turned a
record
surplus into a yawning deficit, and that left us with a big pile of
IOUs14.
If we don’t act, that burden will ultimately fall on our
children’s shoulders.  If we don’t act, the growing debt will
eventually crowd out everything else, preventing us from investing in
things like education, or sustaining programs like Medicare.




So Washington has to live
within its means15.
The government has to do what families across
this country have been doing for years.  We have to cut what we
can’t afford to pay for what really matters.  We need to invest16
in
what will promote hiring and economic growth now while still providing
the confidence that will come with a plan that reduces our deficits
over the long-term.


 

These principles were at the
heart of the deficit framework that I put forward in April.  It
was an approach to shrink the deficit as a share of the economy, but
not to do so so abruptly with spending cuts that would hamper growth or
prevent us from helping small businesses and middle-class families get
back on their feet.




It was an approach that said
we need to go through the budget line-by-line looking for waste,
without shortchanging education17 and basic scientific research and
road
construction18,
because those things are essential to our future.
And it was an approach that said we shouldn’t balance the budget on the
backs of the poor and the middle class19;
that for us to solve this
problem, everybody, including the wealthiest Americans and biggest
corporations20,
have to pay their fair share.
21



Now, during the debt ceiling
debate, I had hoped to negotiate a compromise with the Speaker of the
House that fulfilled these principles and achieved the $4 trillion in
deficit reduction that leaders in both parties have agreed we need — a
grand bargain that would have strengthened our economy, instead of
weakened it.  Unfortunately, the Speaker walked away from a
balanced package.  What we agreed to instead wasn’t all that
grand.  But it was a start — roughly $1 trillion in cuts to
domestic spending and defense spending.




Everyone knows we have to do
more, and a special joint committee of Congress is assigned to find
more deficit reduction. So, today, I’m laying out a set of specific
proposals to finish what we started this summer — proposals that live
up to the principles I’ve talked about from the beginning.  It’s a
plan that reduces our debt by more than $4 trillion, and achieves these
savings in a way that is fair — by asking everybody to do their part
so that no one has to bear too much of the burden on their own.




All told, this plan cuts $2
in spending for every dollar in new revenues.  In addition to the
$1 trillion in spending that we’ve already cut from the budget, our
plan makes additional spending cuts that need to happen if we’re to
solve this problem. We reform agricultural subsidies — subsidies that
a lot of times pay large farms for crops that they don’t grow.  We
make modest adjustments to federal retirement programs22.
We reduce
by tens of billions of dollars the tax money that goes to Fannie Mae
and Freddie Mac.  We also ask the largest financial firms —
companies saved by tax dollars during the financial crisis — to repay
the American people for every dime that we spent.  And we save an
additional $1 trillion as we end the wars in Iraq and Afghanistan23.




These savings are not only
counted as part of our plan, but as part of the budget plan24 that
nearly
every Republican on the House voted for.




Finally, this plan includes
structural reforms to reduce the cost of health care25
in programs like
Medicare and Medicaid.  Keep in mind we’ve already included a
number of reforms in the health care law, which will go a long way
towards controlling these costs.  But we’re going to have to do a
little more.  This plan reduces wasteful subsidies and erroneous
payments while changing some incentives that often lead to excessive
health care costs.  It makes prescriptions more affordable through
faster approval of generic drugs.  We’ll work with governors to
make Medicaid more efficient and more accountable.  And we’ll
change the way we pay for health care.  Instead of just paying for
procedures, providers will be paid more when they improve results —
and such steps will save money and improve care.




These changes are phased in
slowly to strengthen Medicare and Medicaid over time.  Because
while we do need to reduce health care costs, I’m not going to allow
that to be an excuse for turning Medicare into a voucher program that
leaves seniors at the mercy of the insurance industry.  And I’m
not going to stand for balancing the budget by denying or reducing
health care for poor children or those with disabilities.  So we
will reform Medicare and Medicaid, but we will not abandon the
fundamental commitment that this country has kept for generations.




And by the way, that includes
our commitment to Social Security.  I’ve said before, Social
Security is not the primary cause of our deficits, but it does face
long-term challenges as our country grows older.  And both parties
are going to need to work together on a separate track to strengthen
Social Security for our children and our grandchildren26.




So this is how we can reduce
spending:  by scouring the budget for every dime of waste and
inefficiency, by reforming government spending, and by making modest
adjustments to Medicare and Medicaid.  But all these reductions in
spending, by themselves, will not solve our fiscal problems.  We
can’t just cut our way out of this hole.  It’s going to take a
balanced approach.  If we’re going to make spending cuts — many
of which we wouldn’t make if we weren’t facing such large budget
deficits — then it’s only right that we ask everyone to pay their fair
share.




You know, last week, Speaker
of the House John Boehner gave a speech about the economy.  And to
his credit, he made the point that we can’t afford the kind of politics
that says it’s “my way or the highway.”  I was encouraged by
that.  Here’s the problem: In that same speech, he also came out
against any plan to cut the deficit that includes any additional
revenues whatsoever.  He said — I’m quoting him — there is “only
one option.”  And that option and only option relies entirely on
cuts.  That means slashing education, surrendering the research
necessary to keep America’s technological edge in the 21st century, and
allowing our critical public assets like highways and bridges and
airports to get worse.  It would cripple our competiveness and our
ability to win the jobs of the future.  And it would also mean
asking sacrifice of seniors and the middle class and the poor, while
asking nothing of the wealthiest Americans and biggest corporations.


 

So the Speaker says we can’t
have it “my way or the highway,” and then basically says, my way — or
the highway.  (Laughter.)  That’s not smart.  It’s not
right.  If we’re going to meet our responsibilities, we have to do
it together.




Now, I’m proposing real,
serious cuts in spending.  When you include the $1 trillion in
cuts I’ve already signed into law, these would be among the biggest
cuts in spending in our history. But they’ve got to be part of a larger
plan that’s balanced –- a plan that asks the most fortunate among us to
pay their fair share21, just like everybody
else.




And that’s why this plan
eliminates tax loopholes that primarily go to the wealthiest taxpayers
and biggest corporations –- tax breaks that small businesses and
middle-class families don’t get27.  And if tax
reform doesn’t get
done, this plan asks the wealthiest Americans to go back to paying the
same rates that they paid during the 1990s, before the Bush tax cuts.




I promise it’s not because
anybody looks forward to the prospects of raising taxes or paying more
taxes.  I don’t.  In fact, I’ve cut taxes for the middle
class and for small businesses, and through the American Jobs Act, we’d
cut taxes again to promote hiring and put more money into the pockets
of people.  But we can’t afford these special lower rates for the
wealthy -– rates, by the way, that were meant to be temporary.
Back when these first — these tax cuts, back in 2001, 2003, were being
talked about, they were talked about temporary measures.  We can’t
afford them when we’re running these big deficits.
28



Now, I am also ready to work
with Democrats and Republicans to reform our entire tax code29,
to get
rid of the decades of accumulated loopholes, special interest
carve-outs, and other tax expenditures that stack the deck against
small business owners and ordinary families who can’t afford Washington
lobbyists or fancy accountants.  Our tax code is more than 10,000
pages long. If you stack up all the volumes, they’re almost five feet
tall.  That means that how much you pay often depends less on what
you make and more on how well you can game the system, and that’s
especially true of the corporate tax code30.




We’ve got one of the highest
corporate tax rates in the world, but it’s riddled with exceptions and
special interest loopholes.  So some companies get out paying a
lot of taxes, while the rest of them end up having to foot the
bill.  And this makes our entire economy less competitive and our
country a less desirable place to do business.




That has to change.  Our
tax code shouldn’t give an advantage to companies with the
best-connected lobbyists31.  It should
give an advantage to
companies that invest in the United States of America and create jobs
in the United States of America.  And we can lower the corporate
rate if we get rid of all these special deals.




So I am ready, I am eager, to
work with Democrats and Republicans to reform the tax code to make it
simpler, make it fairer, and make America more competitive.  But
any reform plan will have to raise revenue32 to help close our
deficit.  That has to be part of the formula.  And any reform
should follow another simple principle:  Middle-class families
shouldn’t pay higher taxes than millionaires and billionaires33.
That’s pretty straightforward.  It’s hard to argue against
that.  Warren Buffett’s secretary shouldn’t pay a higher tax rate
than Warren Buffett.  There is no justification for it.




It is wrong that in the
United States of America, a teacher or a nurse or a construction worker
who earns $50,000 should pay higher tax rates than somebody pulling in
$50 million.  Anybody who says we can’t change the tax code to
correct that, anyone who has signed some pledge to protect every single
tax loophole so long as they live, they should be called out.
They should have to defend that unfairness — explain why somebody
who’s making  $50 million a year in the financial markets should
be paying 15 percent on their taxes, when a teacher making $50,000 a
year is paying more than that — paying a higher rate.  They ought
to have to answer for it.  And if they’re pledged to keep that
kind of unfairness in place, they should remember, the last time I
checked the only pledge that really matters is the pledge we take to
uphold the Constitution34.




Now, we’re already hearing
the usual defenders of these kinds of loopholes saying this is just
“class warfare.”  I reject the idea that asking a hedge fund
manager to pay the same tax rate as a plumber35
or a teacher is class
warfare.  I think it’s just the right the thing to do.  I
believe the American middle class, who’ve been pressured relentlessly
for decades, believe it’s time that they were fought for as hard36
as the
lobbyists and some lawmakers have fought to protect special treatment
for billionaires and big corporations.




Nobody wants to punish
success in America.  What’s great about this country is our belief
that anyone can make it and everybody should be able to try -– the idea
that any one of us can open a business or have an idea and make us
millionaires or billionaires.  This is the land of
opportunity.  That’s great.  All I’m saying is that those who
have done well, including me, should pay our fair share in taxes to
contribute to the nation that made our success possible.  We
shouldn’t get a better deal than ordinary families get.  And I
think most wealthy Americans would agree if they knew this would help
us grow the economy and deal with the debt that threatens our future.




It comes down to this:
We have to prioritize.  Both parties agree that we need to reduce
the deficit by the same amount — by $4 trillion.  So what choices
are we going to make to reach that goal?  Either we ask the
wealthiest Americans to pay their fair share in taxes, or we’re going
to have to ask seniors to pay more for Medicare.  We can’t afford
to do both.




Either we gut education and
medical research, or we’ve got to reform the tax code so that the most
profitable corporations have to give up tax loopholes that other
companies don’t get.  We can’t afford to do both.




This is not class
warfare.  It’s math.  (Laughter.)  The money is going to
have to come from someplace.  And if we’re not willing to ask
those who’ve done extraordinarily well to help America close the
deficit and we are trying to reach that same target of $4 trillion,
then the logic, the math says everybody else has to do a whole lot
more:  We’ve got to put the entire burden on the middle class and
the poor.  We’ve got to scale back on the investments that have
always helped our economy grow.  We’ve got to settle for
second-rate roads and second-rate bridges and second-rate airports, and
schools that are crumbling.




That’s unacceptable to
me.  That’s unacceptable to the American people.  And it will
not happen on my watch.  I will not support — I will not support
— any plan that puts all the burden for closing our deficit on
ordinary Americans.  And I will veto any bill that changes
benefits for those who rely on Medicare but does not raise serious
revenues by asking the wealthiest Americans or biggest corporations to
pay their fair share.  We are not going to have a one-sided deal
that hurts the folks who are most vulnerable.




None of the changes I’m
proposing are easy or politically convenient.  It’s always more
popular to promise the moon and leave the bill for after the next
election or the election after that.  That’s been true since our
founding.  George Washington grappled with this problem.  He
said, “Towards the payment of debts, there must be revenue; that to
have revenue there must be taxes; [and] no taxes can be devised which
are not more or less inconvenient and unpleasant.”  He understood
that dealing with the debt is — these are his words — “always a
choice of difficulties.”  But he also knew that public servants
weren’t elected to do what was easy; they weren’t elected to do what
was politically advantageous.  It’s our responsibility to put
country before party.  It’s our responsibility to do what’s right
for the future.




And that’s what this debate
is about.  It’s not about numbers on a ledger; it’s not about
figures on a spreadsheet.  It’s about the economic future of this
country, and it’s about whether we will do what it takes to create jobs
and growth and opportunity while facing up to the legacy of debt that
threatens everything we’ve built over generations.




And it’s also about
fairness.  It’s about whether we are, in fact, in this together,
and we’re looking out for one another.  We know what’s
right.  It’s time to do what’s right.
38



Thank you very much.
(Applause.)



 

  1. If the act will “lead to” new jobs, who
    will follow? Where is the demand for the goods and services to be
    produced by those new hires? Where is the money to pay their recruiting
    costs,  wages, benefits & payroll taxes while waiting for
    markets to develop?  How many jobs will this act lead to, and how
    much will each of them cost the taxpayers?
  2. Have you considered restoring the old jobs
    that were lost?  Millions would be happy to have their old jobs
    back.
  3. New Jobs: for unionized labor only; so
    that their dues will flow into your campaign war chest.  When you
    list beneficiaries, you are selecting winners– the favored few who
    vote for you– and losers; that is not the proper role of
    government.
  4. How will you “pay for” those tax cuts?  How
    large will they be: will they be enough to pay for one re-hire for each
    small business?
  5. Extraordinary claims call for extraordinary
    proof. Prove that every small business will have its taxes
    significantly cut. Prove that “virtually every working” man and woman
    will have their taxes significantly cut. Show us the money!
  6. It could wait for months, then
    for weeks until after your luxury vacation to Martha’s Vineyard but now
    it seems to be an item of the utmost urgency. We are not so stupid; we
    remember how you rushed through Obama
    Don’t Care
    with such great urgency that they had to “pass it to
    find out what’s in it”.  We want the House of Representatives to
    deliberate carefully before killing this bill.
  7. A proposal is only “fully
    paid for” if you have ready cash in your checking account; cash not
    needed for operating expenses or already allocated to something else.
    Taxes are dynamic, not static. There is no assurance that your tax
    proposals will raise the anticipated revenue.

  8. If
    you want to reduce the debt,. first quit borrowing, then start making
    periodic payments on the principle instead of rolling over the
    debt.  Quit wasting borrowed money!
  9. Investment
    in new hires requires surplus funds over and above anticipated
    operating costs & inventory.  You can’t cut business taxes
    enough to finance hiring.  Businesses require profits.  They
    need increased sales and increased profit margins. Increased demand
    must proceed  hiring.   Time bombs such as increased
    costs and taxes associated with Obama
    Don’t Care

    and new energy related regulations and taxes militate against
    hiring.   If you want to create jobs, remove those artificial
    impediments immediately.

  10.  The
    threat of unemployment is a major factor in economic insecurity and
    lack of confidence but it is not the only factor.  Energy costs,
    particularly motor fuel and heating oil are at the top of the list of
    factors detrimental to consumer confidence because they raise the price
    of everything.  When you can’t afford to fill your fuel tank, your
    ability to get to and from work is jeopardized.  The remedy is
    obvious: remove all federally imposed artificial barriers to domestic
    petroleum exploration, production, transportation and
    refining.Increasing the supply and reducing the price of fuel is a
    vital component without which no economic recovery plan can succeed.
  11. The
    Democrat Party bears most of the blame for profligate spending; the
    RINOs in Congress share that blame.  When Republican Presidents
    succumbed to the blandishments of spending cuts in return for tax
    increases, the spending cuts never materialized., they are always a
    fond dream, just over the horizon.

  12. Tax
    cuts for multi-millionaires and
    billionaires” waves the red flag of class warfare; the politics of
    envy.  Besides being a threat and promise to strangle the golden
    goose, these class warfare attacks are part of an escalating rabble
    rousing campaign designed to foment riots and race war.  We
    recognize what you are doing, and we find it beneath contempt.
    Those with surplus funds, over and above their ordinary living
    expenses, are the ones who invest, making hiring, innovation and new
    products possible.  When their disposable income is reduced
    through tax increases, investment will be the first casualty.
    Consumption of luxury goods and services will be the second casualty,
    resulting in decreased income and job loss for those involved in their
    production and distribution.

    Mr. President, you are sowing envy, hatred & division when we need
    unity more than ever. You are threatening reduced economic growth when
    we need growth most.  Your policies are counter productive,
    reducing instead of increasing hiring.  The time has come for you
    to resign.

  13. FDR’s Socialist agenda did not
    pull us out of the Great Depression, do you have a clue what did?
    The real estate bubble was the major factor in this depression. What
    party was behind that artificial expansion?  What role did Barney
    Frank & Chris Dodd play in it?  Who refused to reform Fannie
    Mae & Freddy Mac?  How much cheaper would the counter attack
    on Afghanistan have been if we had nuked that den of demon spawn?
    How many American lives would have been saved?  How many
    terrorists and tyrants would be having second thoughts about attacking
    us?
  14. When revenues declined, you
    escalated spending. What did TARP, Stimulus & Porkulus
    accomplish?  Where did that money go except to your cronies &
    contributors?
  15. No, damn
    you!! Washington must live within our means!!! Everything Washington
    gets comes out of our pockets! You are taxing us to death and ruining
    us with artificially inflated energy prices.
  16.  Investment comes from
    surplus. When there is no surplus, there can be no investment!
  17. Education is a state and local function,
    not federal.
  18. Have you ever heard about the
    Highway Trust Fund?  Its purpose is federal highway construction
    and maintenance.
  19. There
    you go again, rabble rousing with class envy.  Nobody is
    suggesting “balancing the budget on the backs of the poor” except
    you.
  20. These
    class warfare attacks must come to an end, preferably prior to January
    20, 2012.
  21. Define “fair share”; quantify
    it. How much is fair? Justify your answer without appeal to emotion.
  22. Start with the benefit
    packages received by the President & Congress.
  23. Those wars are
    not won.  The lid will come off of Iraq when we leave, and Iran
    will take over, with terrible consequences for the long term.  The
    war in Afghanistan is lost so long as the population & government
    remain Islamic.  Until there is no Islam there is no victory,
    there is a loss and a total waste, your refusal to identify the enemy
    and your suicidal rules of engagement are wasting American blood &
    treasure. When our troops come home, you will find an alternative way
    to waste that money.
  24. Where is your 2011 budget?  Where
    is your 1010 budget? When will you submit your 2012 budget?
  25. Really? Or are you
    screwing care providers and calling it cost reduction?
  26. Translation: import more
    Mexicans & Muslims in hopes that they will breed workers to pay
    taxes to support us geezers. In reality, they will add to the welfare
    burden, not the tax coffers.
  27. Corporations do not pay taxes,
    they pass them on to consumers. The middle class and poor will get
    stuck with the knives you throw at the “biggest corporations”.
    You are using us as human shields in your class warfare.
  28. What we can’t afford is your
    spendthrift ways.  Shrub’s tax rate cuts brought in revenue, they
    did not reduce it. Everyone knows that you are playing class warfare;
    divide & conquer and we won’t accept it.
  29.  How about the
    Alternative Minimum Tax, which was designed to snag the rich and now
    eviscerates the middle class? Your party refuses to fix that problem,
    asserting that  “we can’t afford it”. The telephone tax was
    supposed to be temporary. The income tax was supposed to be limited to
    the millionaires. We all know how those promises turned out.
  30. Who wrote that complex code? Which party
    ran Congress for 50 years, and held the chairmanship of the House Ways
    and Means Committee?
  31. Do you mean General
    Electric?
  32. Retarded members of your party
    understand neither economics nor mathematics. Multiplication problems
    have two inputs, not one. Revenues can be increased by broadening the
    base more easily than by increasing the rate. Economic growth will
    broaden the tax base. Raising rates reduces growth and narrows the tax
    base.
  33. Why
    should anyone pay higher taxes?  Please answer that question
    rationally, without appeal to emotion, particularly envy. Is Buffet
    paying more in net taxes or less than his secretary?  Why should
    any income be taxed twice?
  34. Since
    when do you give a damn about the Constitution? When you rammed through
    your unconstitutional medical insurance mandate?  Kiss off,
    hypocrite!
  35. The capital gains rate
    is lower because that money has already been taxed twice, once to a
    corporation and once to the dividend earner.  If you want
    corporations to be able to sell stock so that they can grow and hire
    more workers, then you need to have a free flowing stock market.
    Capital gains rates and rules dry up that flow, creating artificial
    dams. Your class warfare policy is counterproductive.
  36. Fighting against the “wealthy”
    is not fighting for the middle class, it is killing their jobs and
    employment prospects.  Your class warfare tactics must be exposed
    and rejected.
  37. Do what is right, Mr.
    President: resign. Take your Vice President, Secretary of State &
    President of the Senate with you and elevate the Speaker of the House
    to the office you are unqualified for and unworthy to hold.

 

September 20, 2011 Posted by | Politics | , , , , , , | Leave a comment

Obamination: Labor Day


Obamination: Labor Day

 

Remarks by the President at Detroit Labor Day Event

GM
Plant Parking Lot

Detroit, Michigan

1:30
P.M. EDT

THE
PRESIDENT:  Thank you, Detroit!  (Applause.)  Thank you,
Michigan!  (Applause.)  Oh, this is a —

AUDIENCE:
Four more years!

THE
PRESIDENT:  Thank you.  (Applause.)  Thank you,
everybody.  It is —

AUDIENCE:
Four more years!  Four more years!  Four more years!

THE
PRESIDENT:  Thank you, everybody.  Thank you.

AUDIENCE:
Four more years!  Four more years!  Four more years!

THE
PRESIDENT:  Thank you.  Thank you, everybody.  I can
tell Ghana got you fired up.  (Applause.)  Thank you, Ghana,
for that introduction.  Thank you all for having me.  It is
good to be back in Detroit.  (Applause.)  I’m glad I was able
to bring a friend — a proud daughter of the Teamsters, your Secretary
of Labor, Hilda Solis, in the house.  (Applause.)  

We’re
thrilled to be joined by so many other friends.  I want to
acknowledge, first of all, two of the finest senators in the country —
Carl Levin and Debbie Stabenow are in the house.
(Applause.)   Outstanding members of the congressional
delegation — John Bingham, John Conyers, Sandy Levin, Gary Peters, and
Hansen Clarke.  (Applause.)

The
president of the Metropolitan Detroit Central Labor Council, our host,
Saundra Williams.  (Applause.)  AFL-CIO president, Rich
Trumka.  (Applause.)  President of the Michigan AFL-CIO, Mark
Gaffney.  (Applause.)  And some proud sons and daughters of
Michigan representing working people here and across the country —
SEIU President Mary Kay Henry, Teamsters President Jimmy Hoffa, UAW
President Bob King, Utility Workers President Mike Langford.
(Applause.)  We are proud of them and we’re proud of your
congressional delegation who are working every single day with your
state and local elected officials to create jobs and economic growth
and prosperity here in Michigan and all across the country1.

I
am honored, we are honored, to spend this day with you and your
families — the working men and women of America.  This day
belongs to you.  You deserve a little R&R, a little barbecue
— (laughter) — little grilling — because you’ve been working
hard.  (Applause.)  You’ve been working hard to make ends
meet.  You’ve been working hard to build a better life for your
kids.  You’ve been working hard2 to build a better Detroit.
(Applause.) But that’s not all I’m going to talk to you about.

I
also want to talk about the work you’ve been doing for decades:
Work to make sure that folks get an honest day’s pay for an honest
day’s work3.
(Applause.)  Work to make sure that families get a fair4
shake.  The work you’ve done that helped build the greatest middle
class the world has ever known.  (Applause.)  I’m talking
about the work that got us a 40-hour workweek and weekends, and paid
leave and pensions, and the minimum wage5 and health insurance, and Social Security
and  Medicare6
— (applause) — the cornerstones of middle-class security.
That’s because of your work.  (Applause.)

If
you want to know who helped lay these cornerstones of an American
middle class you just have to look for the union label. (Applause.)

That’s
the bedrock this country is built on.  Hard work.
Responsibility.  Sacrifice.  Looking out for one
another.  Giving everybody a shot, everybody a chance to share in
America’s prosperity7, from the factory floor to
the boardroom.  That’s what unions are all about.  (Applause.)

And
that’s something that’s worth keeping in mind today.  We’ve come
through a difficult decade in which those values were all too often
given short shrift.  We’ve gone through a decade where wealth was
valued over work8,
and greed was valued over responsibility9.  And the decks were too often
stacked against ordinary folks10 in favor of the special
interests11.
And everywhere I went while I was running for this office, I met folks
who felt their economic security12
slipping away, men and women who were fighting harder and harder just
to stay afloat.  And that was even before the economic crisis hit,
and that just made things even harder.

So
these are tough times for working Americans13.
They’re even tougher for Americans who are looking for work –- and a
lot of them have been looking for work for a long time14.
A lot of folks have been looking for work for a long time here in
Detroit, and all across Michigan, and all across the Midwest, and all
across the country.  So we’ve got a lot more work to do to recover
fully from this recession.

But
I’m not satisfied just to get back to where we were before the
recession; we’ve got to fully restore the middle class in
America.  (Applause.)  And America cannot have a strong,
growing economy without a strong, growing middle class and without a
strong labor movement15.  (Applause.)

That’s
the central challenge that we face in our country today.  That’s
at the core of why I ran for President.  That’s what I’ve been
fighting for since I’ve been President.  (Applause.)
Everything we’ve done, it’s been thinking about you. We said working
folks deserved a break — so within one month of me taking office, we
signed into law the biggest middle-class tax cut in history16,
putting more money into your pockets.  (Applause.)

We
said working folks shouldn’t be taken advantage of — so we passed
tough financial reform that ended the days of taxpayer bailouts17,
and stopped credit card companies from gouging you with hidden fees and
unfair rate hikes, and set up a new consumer protection agency with one
responsibility:  sticking up for you. (Applause.)

We
said that if you’re going to work hard all day to provide a better life
for your kids, then we’re going to make sure that those kids get the
best education possible.  So we helped keep teachers on the job18.
(Applause.)  We’re reforming our public schools, and we’re
investing in community colleges and job-training programs.
(Applause.)  And we ended wasteful giveaways that went to the big
banks and used the savings to make college more affordable for millions
of your kids19.
(Applause.)

We
said that every family in America should have affordable, accessible
health care20.
(Applause.)  We said you shouldn’t be discriminated against
because you’ve got a preexisting condition21.
We said young adults without insurance should be able to stay on their
parents’ plans.  We got that done — for you.  (Applause.)

And
here’s what else we said, Detroit.  We said that American
autoworkers could once again build the best cars in the world.
(Applause.)  So we stood by the auto industry22.
And we made some tough choices that were necessary to make it
succeed.  And now, the Big Three are turning a profit and hiring
new workers, and building the best cars in the world right here in
Detroit, right here in the Midwest, right here in the United States of
America.  (Applause.)

I
know it.  I’ve seen it.  I’ve been to GM’s Hamtramck
plant.  (Applause.)  I’ve been to Chrysler’s Jefferson North
Plant.  (Applause.)   I’ve seen Detroit prove the cynics
and the naysayers wrong.

We
didn’t just stop there.  We said American workers could
manufacture the best products in the world.  So we invested in
high-tech manufacturing and we invested in clean energy23.
And right now, there’s an advanced battery industry taking root here in
Michigan that barely existed before.  (Applause.)  Half of
the workers at one plant in Detroit were unemployed before a new
battery company came to town.  And we’re growing our exports so
that more of the world buys products that are stamped with three simple
words:  “Made in America.”  (Applause.)

So
that’s what we’re fighting for, Michigan.  We’re fighting for good
jobs with good wages.  We’re fighting for health care when you get
sick.  We’re fighting for a secure retirement even if you’re not
rich.  We’re fighting for the chance to give our kids a better
life than we had.  That’s what we’re doing to restore middle-class
security and rebuild this economy the American way — based on balance
and fairness and the same set of rules for everybody from Wall Street
to Main Street.  (Applause.) An economy where hard work pays off
and gaming the system doesn’t pay off, and everybody has got a shot at
the American Dream.  That’s what we’re fighting for.
(Applause.)

On
Thursday, we’re going to lay out a new way forward on jobs to grow the
economy and put more Americans back to work right now.  I don’t
want to give everything away right here, because I want you all to tune
in on Thursday — (applause) — but I’ll give you just a little
bit.  (Applause.)

We’ve
got roads and bridges24
across this country that need rebuilding.  We’ve got private
companies with the equipment and the manpower to do the building.
We’ve got more than 1 million unemployed construction workers25
ready to get dirty right now.  There is work to be done and there
are workers ready to do it.  Labor is on board.  Business is
on board.  We just need Congress to get on board.  Let’s put
America back to work26.
(Applause.)

Last
year, we worked together, Republicans and Democrats, to pass a payroll
tax cut27.
And because of that, this year the average family has an extra $1,000
in their pocket because of it.

AUDIENCE
MEMBER:  Thank you!

THE
PRESIDENT:  But that’s going to expire in a few months if we don’t
come together to extend it.  And I think putting money back in the
pockets of working families is the best way to get demand rising,
because that then means business is hiring, and that means the
government28
— that means that the economy is growing.  (Applause.)

So
I’m going to propose ways to put America back to work29
that both parties can agree to, because I still believe both parties
can work together to solve our problems.  And given the urgency of
this moment, given the hardship that many people are facing, folks have
got to get together30.

But
we’re not going to wait for them.  (Applause.)  We’re going
to see if we’ve got some straight shooters31 in Congress.  We’re
going to see if congressional Republicans will put country before party32.
(Applause.)  We’ll give them a plan33, and then we’ll say, do you want to
create jobs34?
Then put our construction workers back to work rebuilding America35.
(Applause.)  Do you want to help our companies succeed36?
Open up new markets for them to sell their products37.
You want — you say you’re the party of tax cuts?  Well then,
prove you’ll fight just as hard for tax cuts for middle-class families
as you do for oil companies and the most affluent Americans38.
(Applause.)  Show us what you got.  (Applause.)

The
time for Washington games is over39.  (Applause.)
The time for action is now.  No more manufactured crises40.
No more games.  Now is not the time for the people you sent to
Washington to worry about their jobs41; now is the time for
them to worry about your jobs.  (Applause.)

Now,
let me say a word about labor in particular.  Now, I know this is
not going to be an easy time.  I know it’s not easy when there’s
some folks who have their sights trained42
on you.  After all that unions have done to build and protect the
middle class, you’ve got people trying to claim that you’re responsible
for the problems middle-class folks are facing.

AUDIENCE:
Booo —

THE
PRESIDENT:  You’ve got Republicans saying you’re the ones
exploiting working families.  Imagine that.

Now,
the fact is, our economy is stronger when workers are getting paid good
wages and good benefits.  (Applause.)  Our economy is
stronger when we’ve got broad-based growth and broad-based
prosperity.  That’s what unions have always been about — shared
prosperity.

You
know, I was on the plane flying over here, and Carl Levin was with me,
and he showed me a speech that Harry Truman had given on Labor Day 63
years ago, right here in Detroit — 63 years ago.  And just to
show that things haven’t changed much, he talked about how Americans
had voted in some folks into Congress who weren’t very friendly to
labor.  And he pointed out that some working folks and even some
union members voted these folks in.  And now they were learning
their lesson.  And he pointed out that — and I’m quoting here —
“the gains of labor were not accomplished at the expense of the rest of
the nation.  Labor’s gains contributed to the nation’s general
prosperity.”  (Applause.)

What
was true back in 1948 is true in 2011.  When working families are
doing well, when they’re getting a decent wage and they’re getting
decent benefits, that means they’re good customers for
businesses.  (Applause.)  That means they can buy the cars
that you build.  (Applause.)  That means that you can buy the
food from the farmers.  That means you can buy from Silicon
Valley.  You are creating prosperity when you share in
prosperity.  (Applause.)

So
when I hear some of these folks trying to take collective bargaining
rights away, trying to pass so-called “right to work”43
laws for private sector workers —

AUDIENCE:
Booo —

THE
PRESIDENT:  — that really mean the right to work for less and
less and less — when I hear some of this talk I know this is not about
economics.  This is about politics.

And
I want everybody here to know, as long as I’m in the White House I’m
going to stand up for collective bargaining.  (Applause.)

AUDIENCE:
Four more years!  Four more years!  Four more years!

THE
PRESIDENT:  That’s why we’ve reversed harmful decisions that were
designed to undermine those rights.  That’s why we passed the Fair
Pay Act to stop pay discrimination.  (Applause.) That’s why we
appointed people who are actually fulfilling their responsibilities to
make sure that the offices and factories and mines workers that clock
in each day, that they’re actually safe on the job.

And
we’re going to keep at it.  Because having a voice on the job and
a chance to organize and a chance to negotiate for a fair day’s pay
after a hard day’s work, that is the right of every man and woman in
America — not just the CEO in the corner office, but also the janitor
who cleans that office after the CEO goes home.  (Applause.)
Everybody has got the same right.  (Applause.)

And
that’s true for public employees as well.  Look, the recession had
a terrible effect on state and local budgets — we all understand
that.  Unions have recognized that; they’ve already made tough
concessions.  In the private sector, we live in a more competitive
global economy44
— so unions like the UAW understand that workers have to work with
management to revamp business models, to innovate so we can sell our
products around the world.  We understand that the world is
changing; unions understand that the world is changing.  Unions
understand they need to help drive the change, whether it’s on the
factory floor, or in the classroom, or in the government office.
(Applause.)

But
what unions also know is that the values at the core of the union
movement, those don’t change.  Those are the values that have made
this country great.  (Applause.)  That’s what the folks
trying to undermine your rights don’t understand.  When union
workers agree to pay freezes and pay cuts — they’re not doing it just
to keep their jobs.  They’re doing it so that their fellow workers
-– their fellow Americans — can keep their jobs. (Applause.)

When
teachers agree to reforms in how schools are run at the same time as
they’re digging into their pockets to buy school supplies for those
kids, they do so because they believe every child can learn.
(Applause.)  They do it because they know something that those who
seek to divide us45
don’t understand:  We are all in this together.  That’s why
those crowds came out to support you in Madison and in Columbus.
We are one nation.  We are one people.  We will rise and we
will fall together.  (Applause.)

Anyone
who doesn’t believe it should come here to Detroit.  It’s like the
commercial says:  This is a city that’s been to heck and
back.  (Applause.)  And while there are still a lot of
challenges here, I see a city that’s coming back.  (Applause.)

You ask somebody here if times are tough, they’ll say, yeah, it’s
tough, but we’re tougher.  (Applause.)  Look at what we’re
doing to overcome.  Look at what we’re doing to rebuild and
reinvent and redefine what it means to live in this great city.
Look at our parents who catch the first bus to work, and our students
who stay up late to earn a degree.  Look at our workers on the
line at Hamtramck and Jefferson North who are building the best cars in
the world.  Look at our artists who are revamping our city, and
our young people who are thinking up new ways to make a difference that
we never dreamed of.  Look how we look out for one another.
(Applause.)  

That’s
why we chose Detroit as one of the cities that we’re helping revitalize
in our “Strong Cities, Strong Communities” initiative.
(Applause.)  We’re teaming up with everybody — mayors, local
officials, you name it — boosting economic development, rebuilding
your communities the best way, which is a way that involves you.
Because despite all that’s changed here, and all the work that lies
ahead, this is still a city where men clocked into factories.
This is the city that built the greatest middle class the world has
ever known.  (Applause.)  This is the city where women rolled
up their sleeves and helped build an arsenal for democracy to free the
world.  (Applause.)  This is a city where the great American
industry has come back to life and the industries of tomorrow are
taking root.  This is a city where people, brave and bold,
courageous and clever, are dreaming up ways to prove the skeptics wrong
and write the next proud chapter in our history.  (Applause.)

That’s
why I wanted to be here with you today.  Because for every cynic
and every naysayer running around talking about how our best days are
behind us — for everybody who keeps going around saying, “No, we
can’t” —

AUDIENCE:
Yes, we can!

THE
PRESIDENT:  — for everybody who can always find a reason why we
can’t rebuild America, I meet Americans every day who, in the face of
impossible odds they’ve got a different belief.  They believe we
can.  You believe we can.  (Applause.)

Yes,
times are tough.  But we’ve been through tough times before. I
don’t know about you, but I’m not scared46
of tough times.  (Applause.)  I’m not scared of tough times
because I know we’re going to be all marching together and walking
together and working together and rebuilding together.  And I know
we don’t quit.  (Applause.)  I know we don’t give up our
dreams and settle for something less.  We roll up our sleeves —
and we remember a fundamental truth of our history:  We are strong
when we are united.  (Applause.)  We’re firing all cylinders.

The
union movement is going to be at the center of it.  And if all of
you are committed to making sure that the person standing next to you,
and their kids and their grandkids — that everybody in this city and
everybody in this country can unleash his or her potential, if you work
hard and play by the rules, you will get a fair shake and get a fair
shot.  That’s the country I want for my kids47.
(Applause.)  That’s the country you want for your kids.
That’s the country we’re going to build together.  (Applause.)

Thank
you very much, Detroit.  God bless you.  And God bless the
United States of America.  (Applause.)

 

  1. So the President takes pride
    in the government officials who work every day to create jobs and
    economic growth–what a great job they have done!  Gov.
    Jennifer  Granholm told us we would be “blown away” after her
    second term. She was so right.
  2. They’ve been working hard to build a
    better Detroit? They’ve been working hard to destroy Detroit, and they
    are succeeding.
  3. Try to define an “honest day’s pay”
    or an “honest day’s work”; how do you measure those terms?  Like
    “fair”, those are loaded expressions with no real meaning.
  4. Define “fair”, what does it mean? How do
    you measure and evaluate it?
  5. The minimum wage is a drag on the
    economy, raising prices and keeping many people unemployed.
    Health insurance as an employee benefit came about because of
    government wage-price controls, an unjust and foolish interference in
    the free market. Health and pension costs are major factors in legacy
    costs which are bankrupting corporations and local governments across
    the nation.
  6. Social Security & Medicare are
    Ponzi schemes,
    designed, maintained and expanded for the purpose of buying votes. They
    are major contributors to the federal government’s money woes.
  7. Prosperity is not America’s, it
    belongs to those who produce goods and services in high volumes, at low
    cost and make a profit. Prosperity is not something to be shared, it is
    something to be earned. Unions are all about extorting the maximum
    possible wages & benefits for the least possible work. They
    strangulated the golden goose, raising prices and killing opportunity
    for the rest of us.
  8. Wealth is the result of work; accumulated
    surplus.  Without accumulated surplus, there is nothing to invest
    in growth, innovation and productivity.
  9. Union & partisan political greed was
    valued over responsibility, making major contributions to the ruination
    of the economy
  10. Decks were stacked against ordinary
    folks in the ’70s, when escalating union demands pushed prices beyond
    the reach of ordinary folks.
  11. Special interests: UAW, AFL, CIO,
    SIEU & Democrat Party.
  12. “Economic security:’ a phrase
    used only by liars. Security does not and can not exist in the real
    world.
  13. Prices are up, wages are down,
    hours are down; all because union goons strangled the golden goose and
    government inflated the currency.
  14. I have been looking for work since
    the government and a large corporation screwed me out of business in
    ’80. I was gainfully employed for about three of those years. Unions
    and government policies drove the jobs out of Michigan. You made things
    tougher for us, and you promise more of the same. No thanks!
  15. I
    found 12 instances of
    “class” in this spew of malicious malarkey. Middle class, my ass!
    Barack & Michele  have been living like  jetset,
    beautiful people; limousine liberals in the lap of luxury for the last
    two years, on our dimes.  We
    do not need classes, we need productivity; we need opportunity. We need
    to get the government out of the way and tear down the blockades it has
    erected in the path of progress. And we need to stop the inflationary
    spiral generated by union goons and their whipsawing strikes. Instead
    of uniting the nation, Obama is dividing us with class warfare. Its
    time to wise up and tell him to shut up; tell him to do the best thing
    he can for the country: to resign.
  16. Brag about signing a tax cut
    into law, while bitterly bitching about tax cuts “for the rich”.
    Its called class warfare, and there is no place for it in an honest
    society. That kind of demagoguery  is for tin horn dictators, not
    Presidents. Obama wanted Shrub’s tax cuts to sunset; he demands tax
    increases. With his forked tongue, he speaks out of both sides of his
    mouth.
  17. So you ended tax payer
    bailouts?  Tell us about that… while you brag about saving a few
    jobs at Chrysler & G.M. How about the automobile dealers and their
    employees who are now unemployed because they contributed to the wrong
    party?
  18. You tried to keep a few teachers on
    the job so that their union dues would keep flowing into your campaign
    treasury. We are the losers in your game of circle jerk. You are going
    to be the pivot man November 6, 2012 if we have any say in the
    matter.
  19. You ended “wasteful giveaways”,
    Like TARP?  Which was bigger, the subsidy to student loans or
    TARP?  Is it easier or harder to obtain and pay back a student
    loan now?
  20. “Accessible, affordable health
    care”,
    but every promise you made was a damned lie, and more of your lies are
    being exposed every month. You can not possibly keep any of those
    promises you made, and blessed near everybody knows it.  Your
    entire program is conter productive, in the worst possible way.
  21. “Preexisting condition”: got
    cancer, get insurance. Died already, get life insurance just before
    your funeral; buy flood insurance after the hurricane hits. Same
    principle, different applications; all of them impossible in the real
    world.
  22. To make the industry succeed, you
    need to get rid of the legacy costs. That means exorbitant wages &
    benefits and work rules. You also need to eliminate idiotic regulations
    and impossible fuel economy demands.
  23. You “invested” in “clean energy”; how
    many windmill firms did you invest in?  How many of them went
    bankrupt? How many of them shipped jobs to China?  Aren’t you a
    great investment broker; so successful! Why don’t you take over for
    Warren Buffet?
  24. :”Roads and bridges”, yeah,
    right. You have been singing the same tune since you took office.
    “Shovel ready jobs”, how did that turn out for everybody?  With
    forty million people out of work, you will solve the problem with road
    building projects that will employ a few thousand. Of course those few
    thousand will be union members whose dues will blow right into your
    campaign chest.
  25. Construction workers are out
    of work because government policies and human greed built a
    construction bubble, which burst. The game of musical chairs is over,
    the housing market is bust. Carpenters & brick layers are going to
    build reads & bridges. Yeah, right.
  26. Public
    works projects are not the
    solution to the unemployment problem. The interest on the federal debt
    is mounting rapidly. When interest rates rise, we are going to be in
    deep excrement. Putting America back to work requires the prospect of
    making a profit and predictable risks. Those require eliminating your
    health care plan, energy and environmental plans and taxes. They also
    require eliminating artificial barriers todomestic oil & gas
    exploration, production and refining.
    Eliminating Obama Don’t Care. Cap & Trade, fuel economy &
    emissions standards and the drilling ban ain’t enough. You must also
    remove the threat of
    tax increases. That means permanently ditching the death tax and
    permanently extending Shrub’s tax rate cuts. if you won’t do those
    things, resign and clear the way for someone who will.
  27. Only those currently employed are
    directly benefiting from that temporary tax cut. Does that $1000 offset
    the increased cost of gasoline, food, clothing and electricity for
    those directly benefiting from it?
  28. Growing government does not
    equate to a growing economy. Resources wasted by government can not be
    productively invested. Money borrowed by profligate government can not
    be invested in productive enterprises.  If you want to grow the
    economy, put the government on a strict diet.
  29. To
    put us back to work, you must be put out of work, along with the left
    wing Congressmen and Senators who vote for your destructive policies.
  30. Hardship has nothing to do with it.
    Rational and honest statesmen must resist your counter productive
    policies with all the force they can muster. They must learn to say
    “HELL NO!!!”. If the Republicans do not tell you to go to Hell, we will
    tell them in the next election. There will be a RINO hunt.
  31. Those RINOs who accede to your
    unreasonable demands shoot themselves in the foot and the nation in the
    back. We will see to it that they have Conservative, competent,
    articulate and well financed primary opponents.
  32. Putting the country’s welfare before
    party is up to the Democrats. Republicans, with the exception of the
    RINOs, already do that.
  33. It is obvious that your plan is more of the
    same poison that is killing us.
  34. Republicans want to see job
    creation, that is why they reject your job destroying, counter
    productive idiotic schemes.
  35. “Rebuilding America” is a code
    phrase for destroying the Constitution, replacing it with Communism. We
    are not stupid enough to accept that.
  36. “Help our companies succeed”
    is a code phrase for crony capitalism, also known as National
    Socialism. How did that work out for Germany?
  37. “Open up new markets” means one
    of two things: foreign trade or legislation to mandate purchasing those
    products. Trade requires balance, meaning that when we export, we also
    import. It works both ways, so in the long term, there will be no real
    gain. The other meaning translates to fascism. No thanks!
  38. Your class warfare tactic
    sticks out like a sore thumb. Time to cut it off.  It
    is high time for you to resign in disgrace. “Show us what you got”: We
    call your bluff: show us your entire jobs plan, put it out on the
    table, in the open  immediately, instead of dribbling it out in a
    series of campaign tours.
  39. “Washington games”?? The
    arrogance of that statement is astounding. The gamesman in chief says
    the time for game playing is over.
  40. Excuses?? “Inherited from
    Bush”! “Earthquake”. “Tsunami”. “Arab spring”. The arrogance of this
    narcissist can not be topped. It is time for him to go!!!
  41. How in Hell can you
    say that while you are campaigning for re-election? You are worried
    about your sinecure, not our jobs. Your counter productive policies are
    destroying jobs and wrecking the country. Obama is the new synonym for
    hypocrisy.
  42. “Sights trained on you”? Whatever
    happened to the new emphasis on “civility”?  We have  been
    told to “go straight to Hell” and had war declared upon us  by
    your surrogates,. without condemnation from you.
  43. The right to work means not
    being coerced into feeding fat cat union thugs and your campaign
    treasury as a minimum requirement for employment.  God blessed
    right, I am all for it. We want to be part of the solution, not part of
    the problem.
  44. The golden goose is dead;
    no more golden eggs. Unions played a primary role in the death of the
    goose. Does anyone remember why Jimmy Carter was a one term
    President?
  45. Who seeks to divide us? “The
    wealthy:,,,”private jet owners”… “billionaires”; you have been busy
    telling your congregants whom to hate. Obama: the great divider.
  46. You do not fear tough times because you
    desire them. Creating economic chaos is part of the Cloward-Piven
    strategy for the Communist takeover.
  47. You want for your kids a country so
    deep in debt that it can never get out, perpetually refinancing at ever
    higher rates of interest so that all the tax revenue will go to debt
    service. That may be your only success.

September 5, 2011 Posted by | Politics | , , , , | 2 Comments

Obamination: Jobs


Obamination: Jobs

Obamination addressed the nation about jobs. Sort of like someone who
administered poison telling you how to get well. The time has come to
tell him, his administration and their enablers in Congress to go to
Hell. If we won’t tell them, who will?  Lets not wait until
November 6, 2012; lets do it immediately.

The superscripts in the prepared remarks are linked
to my contumacious comments, which follow. You can click the
superscripts to read the relevant comment, then use your Backspace key to return to your
place in the text.

 

Remarks of
President Barack Obama


As Prepared for Delivery

Saturday, August 13, 2011

Washington, DC

On
Thursday, I visited a new, high-tech factory in Michigan where workers
are helping America lead the way in a growing clean energy
industry. 

They
were proud of their work, and they should be.  They’re not just
showing us a path1
out of the worst recession in generations – they’re proving that this
is still a country where we make things2; where new ideas take root and
grow; where the best universities, most creative entrepreneurs, and
most dynamic businesses in the world call home3.
They’re proving that even in difficult times, there’s not a country on
Earth that wouldn’t trade places with us. 

That
doesn’t mean we don’t face some very tough economic challenges.
Many Americans are hurting badly right now.  Many have been
unemployed for too long.  Putting these men and women back to
work, and growing wages for everyone, has got to be our top priority4.

But
lately, the response from Washington has been partisanship and gridlock5
that’s only undermined public confidence and hindered our efforts to
grow the economy.

So
while there’s nothing wrong with our country, there is something wrong
with our politics6,
and that’s what we’ve got to fix.  Because we
know there are things Congress can do7, right now, to get more money
back in your pockets, get this economy growing faster, and get our
friends and neighbors back to work. 

The
payroll tax cut that put $1,000 back in the average family’s pocket
this year?8
Let’s extend it.  Construction workers who’ve
been jobless since the housing boom went bust?  Let’s put them
back to work rebuilding America.9  Let’s cut red tape in the
patent
process so entrepreneurs can get good ideas to market more
quickly.  Let’s finish trade deals so we can sell more
American-made goods around the world.10  Let’s connect the hundreds
of thousands of brave Americans coming home from Iraq and Afghanistan
to businesses that need their incredible11 skills and talents.

These
are all things we can do right now.  So let’s do them.  And
over the coming weeks, I’ll put forward more proposals12 to help
our
businesses hire and create jobs, and won’t stop until every American
who wants a job can find one.

But
we can no longer let partisan brinksmanship get in our way – the idea
that making it through the next election is more important than making
things right.  That’s what’s holding us back – the fact that some
in Congress13 would rather
see their opponents lose than see America win.

So
you’ve got a right to be frustrated.  I am.  Because you
deserve better.  And I don’t think it’s too much for you to expect
that the people you send to this town start delivering.14

Members
of Congress are at home in their districts right now.  And if you
agree with me – whether you’re a Democrat or a Republican or not much
of a fan of either – let them know.

If
you’ve had it with gridlock, and you want them to pass stalled bills
that will help our economy right now – let them know15

If
you refuse to settle for a politics where scoring points is more
important than solving problems; if you believe it’s time to put
country before party and the interests of our children before our own –
let them know. 

And
maybe they’ll get back to Washington ready to compromise, ready to
create jobs, ready to get our fiscal house in order – ready to do what
you sent them to do.

Yes,
we’ve still got a long way to go to get to where we need to be.
We didn’t get into this mess overnight, and it’s going to take time to
get out of it.  That’s a hard truth – but it’s no excuse for
inaction.  After all, America voted for divided government, not
dysfunctional government, and we’ve got work to do.  And when we
come together and find common ground, there’s no stopping this
country.  There’s no stopping our people.  There’s no holding
us back.  And there is every reason to believe we’ll get through
this storm to a brighter day.

Thanks
for listening, and have a nice weekend.

 

 


  1. Government subsidized & dictated
    proof of concept enterprises are not the path to prosperity.  They
    are the path to failure. The Chevy Volt can not be mass produced at an
    affordable price. If it could be, the generating capacity needed to
    operate the fleet does not exist and will not because of onerous
    regulations blocking the construction of new generating capacity.
    Lighter, more efficient batteries will not solve the problem. The
    energy density simply is not available. There is no alternative to
    hydrocarbon motor fuel. Economic recovery needs to be demand driven,
    not government driven.
  2.  This is a country with little remaining manufacturing industry primarily because of
    your allies: unions and crony capitalists. The unions priced labor out
    of the market. Government wanted “economic development”,
    mis-interpreted
    as “industrialization”, for Asia & Latin America. Crony capitalists
    wanted lower energy costs. Together, they shipped jobs overseas.
  3. No, Mr. President, this is America,
    not Israel. Get your bearings.
  4. Government’s top priority is national
    security.  We need prosperity to finance security and we need
    security to maintain prosperity. Employment & wages are not the
    government’s province, they belong in the private economy. Government
    employs too many and pays too much, contributing to our spiral of
    economic decline, not curing it. We are deep in debt because of
    government profligacy, not despite it.

    Everyone’s income is
    someone else’s expense. When wages increase, prices increase… leading
    to demands for higher wages. Some of us are old  enough  and
    sober enough to remember what happened under Johnson, Nixon &
    Carter.  By printing money, you are artificially inflating the
    cost of everything we
    need.  By increasing the cost of fuel, you are inflating the price
    of all commodities, products and services. You’re policies are the
    problem, not  the solution.

  5. Strike Washington, insert The White
    House & Democrat Party. Barry bitches bitterly about his own
    conduct, attempting to project it onto others who are innocent.
  6. Your “politics”: your Socialist Agenda
    & partisanship; those are the problem; what is wrong with our
    politics. This nation’s economic salvation is dependent on the
    immediate resignations of yourself, the Vice President, the Secretary
    of State and your Czars.   Go to Hell and good riddance to
    you!
  7. Congress can do nothing positive because AssWholes
    control the Senate and you wield the veto pen. Your words are perverse
    because you want the Congress to enact your own counter productive
    policies which will deepen and prolong the depression.  Congress
    should reverse every Gd’d thing it did under the second term of Shrub
    and your first term. That would be a good start, but insufficient to
    solve the problem.
  8.  That “tax cut” helps only those who
    have jobs, while they have jobs. It also contributes to the insolvency
    of Social Security and Medicare.  Besides which it is a drop in
    the bucket while the flood of food and energy inflation spurred by your
    damn fool policies robs us of purchasing power.
  9. Nobody can get a mortgage. Union wages drive up housing costs. Federal regulations drive up
    housing costs. Artificially low interest rates distort the market. This
    whole problem stems from the idiotic and self-serving legislation &
    regulations of Franks, Dodd & co., exploited by their crony
    capitalist patrons.
  10. Please explain to us how you will engineer one sided trade deals so that our exports will increase
    but imports won’t. How will you get the rest of the world to agree to
    that?
  11. Incredible” skills? Exactly what part
    of their legendary skill and courage lacks credibility?  If they
    are not credible, how can those skills be marketed at home in our
    domestic economy?  How do we put sniping, defusing IEDs, rifle and
    artillery fire to work in the domestic economy?  Will we put them
    to work putting down the riots you and your allies are working hard to
    foment with your class warfare politics?  Or will Blackwater hire
    them and go to work putting down the riots in Europe? That would not be
    “at home”, would it?
  12. Repeal Obama Dont’t Care to reduce costs and
    increase predictability. Make the “Bush tax cuts” permanent by removing
    the sunset clause. Cancel the ass-idiot regulations that will double
    the cost of electricity. Cancel the new regulations on truck fleet fuel
    economy that will raise the cost of everything and put truckers out of
    work. Remove the restrictions on domestic oil exploration &
    production both on and off shore. Do those things immediately and make
    them permanent!!!
  13. Some in Congress: the G’d’d
    liberals and one in the White house; those are the obstacles to
    progress. We need to get rid of them and we can’t wait until November
    6, 2012.
  14. You delivered. You promised hope: you
    delivered despair. You promised change: you delivered ruin.
    Politics as usual: promise gold; deliver excrement. The electorate
    needs to learn from this. Most of them are not smart enough to learn.
    Everyone who voted for Obama should be removed from the voter
    rolls  because they are incompetent.
  15. Let them know? Yeah, right. Members of Congress: if you voted
    for the stimulus bills, TARP or Obama Don’t Care, resign at once. Do not pass go, do
    not collect a pension, just go to Hell. The American people are fed up
    with your conduct in office: misfeasance, malfeasance &
    non-feasance.

Readers, here is your assignment:

 

August 13, 2011 Posted by | Politics | , , , | Leave a comment

Obamination: State of the Union: Economics?


In this installment on the STOTU we turn to economic issues.  [Click this link for the Prepared Remarks.]

“At stake right now is not who wins the next election – after all, we just had an election. At stake is whether new jobs and industries take root in this country, or somewhere else. It’s whether the hard work and industry of our people is rewarded. It’s whether we sustain the leadership that has made America not just a place on a map, but a light to the world.”

In keeping with the manure pile concept, that paragraph contains a rich mix.  It begins with politics, with references to the immediate past and near future elections.  President Obama denied the obvious: the State of the Union Address is the first major campaign speech of the 2012 presidential contest.

The establishment of new jobs and industries can not be facilitated by government action, it can only be hindered.  Creating a climate of uncertainty  is the worst possible hindrance to startups.  Business requires the ability to plan ahead, and that implies certainty, continuity & predictability.  When radical changes are threatened, the required certainty & predictability are destroyed.  Investors will keep their assets in cash or readily converted instruments in the absence of predictability.

Mounting deficits & debt load are counterproductive in the worst way. They discourage consumer, investor & entrepreneurial  confidence.  Hard work and industry are not rewarded by proposals to raise taxes on income.  Raising taxes reduces the funds available for investment and discretionary spending. Success is rewarded, failure is punished; hard work does not equate to success.  Most new startups fail within five years.  The success stories we hear about are the exception, not the rule.

Escalating inflation in fuel, food, transportation, energy, insurance and medical services reduce the discretionary income available for investment and discretionary purchases.  We can’t pay more and buy more without earning more.  We can’t earn more without jobs.  We can’t have more jobs unless people are able and willing to purchase the goods and services produced by people working in those jobs.

We do not have any leadership to sustain; we have a misleader in the land’s highest office. Obama is leading us onto the on ramp of the expressway to ruin.

“We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.”

The stock market remains volatile and its gains are reversible.  Which corporate profits are up and how much?  Is that a function of their recent staff reductions?  How much is the economy growing and how much of that is real growth?

“But we have never measured progress by these yardsticks alone. We measure progress by the success of our people. By the jobs they can find and the quality of life those jobs offer. By the prospects of a small business owner who dreams of turning a good idea into a thriving enterprise. By the opportunities for a better life that we pass on to our children.”

Jobs do not offer quality of life.  Jobs yield income which enables us to purchase the goods and services we need and want.  Quality of life is a complex concept involving much more than employment and income.

The small business owner can not make his enterprise thrive and grow while burdened by inflation, uncertainty, foreign competition and multiplying layers of regulations and restrictions.   We can not give the next generation opportunities for a better life while pursuing policies and actions that drag down and promise to destroy our economy.

“That’s the project the American people want us to work on. Together.”

“My way or the highway” would be closer to the real meaning of that sentence.   Those who understand  the elemental laws of economics must submit in silence; go along to get along or suffer condemnation as ‘obstructionists’  who ‘block progress’.

” We did that in December. Thanks to the tax cuts we passed, Americans’ paychecks are a little bigger today. Every business can write off the full cost of the new investments they make this year. These steps, taken by Democrats and Republicans, will grow the economy and add to the more than one million private sector jobs created last year.”

In reality, you were dragged kicking and screaming into extending current income tax rates for two years. If your party would ‘work together’ the tax rate reductions made on Shrub’s watch would be permanent, so that no extension would be required.  The ten year sunset clause was a ‘crat demand.  Yours is the party of raising taxes.

If the Republicans had not won a majority in the House of Representatives last November, you would have happily let the rate reductions expire. Disposable incomes would be considerably lower if you had not been forced to sign the extension into law.  No benefit was done; a great injury was staved off for two years.

How many businesses have the cash reserves or credit necessary to invest in new investments in equipment?  How many  businesses have the sales potential to make economic use of expanded plants and equipment?   If full write offs are such a good thing, why do it for one year; why not make it permanent?

How many new jobs were created last year? How many were destroyed?  What was the real net gain and how does that compare to a normal year?

“Many people watching tonight can probably remember a time when finding a good job meant showing up at a nearby factory or a business downtown. You didn’t always need a degree, and your competition was pretty much limited to your neighbors. If you worked hard, chances are you’d have a job for life, with a decent paycheck, good benefits, and the occasional promotion. Maybe you’d even have the pride of seeing your kids work at the same company.

That world has changed. And for many, the change has been painful.  I’ve seen it in the shuttered windows of once booming factories, and the vacant storefronts of once busy Main Streets. I’ve heard it in the frustrations of Americans who’ve seen their paychecks dwindle or their jobs disappear – proud men and women who feel like the rules have been changed in the middle of the game.”

The change mentioned above is the result of the golden goose being strangled by by Obama’s allies: unions.  With the retirement of the Baby Boom generation, those hidden costs are threatening the solvency of the government as well as major industries.  ‘More for less; forever more’  does not work in the long run.   Demagogues who deny that fact are part of the problem, not part of the4 solution.

“They’re right. The rules have changed. In a single generation, revolutions in technology have transformed the way we live, work and do business. Steel mills that once needed 1,000 workers can now do the same work with 100.  Today, just about any company can set up shop, hire workers, and sell their products wherever there’s an internet connection.”

Computer software and entertainment can be delivered through an internet connection.  Real physical factors of production and consumer goods require physical delivery.  Obama’s attacks on the petroleum industry are making delivery of goods more expensive, increasing inflation.

Steel mills closed because of extortionate union contracts, burdensome government regulations and foreign competition.  Fifty years ago, economic development  was a major foreign policy objective.  It still is.  Those who want to stimulate ‘economic development’ in Africa & Asia seem to be incapable of comprehending the fact that competition with our own industries is an unintended consequence of their foreign policy.

“Sustaining the American Dream has never been about standing pat. It has required each generation to sacrifice, and struggle, and meet the demands of a new age.”

“Now it’s our turn. We know what it takes to compete for the jobs and industries of our time. We need to out-innovate, out-educate, and out-build the rest of the world. We have to make America the best place on Earth to do business. We need to take responsibility for our deficit, and reform our government. That’s how our people will prosper.  That’s how we’ll win the future. And tonight, I’d like to talk about how we get there.”

Translation: Pay higher taxes & prices; sacrifice your lifestyle without any present or future benefit because of a power grab by greedy politicians and their cronies in the union movement.

” None of us can predict with certainty what the next big industry will be, or where the new jobs will come from. Thirty years ago, we couldn’t know that something called the Internet would lead to an economic revolution. What we can do – what America does better than anyone – is spark the creativity and imagination of our people.  We are the nation that put cars in driveways and computers in offices; the nation of Edison and the Wright brothers; of Google and Facebook. In America, innovation doesn’t just change our lives. It’s how we make a living.”

How many people are employed by Google and Facebook?  How many people will they and similar corporations employ?  How does that compare to the number of full time jobs lost in the steel, auto and petroleum industries?  How many of the recently unemployed have a hope of gaining jobs with Google, etc?

You can’t eat innovation, warm your house with it in winter, cool your house with it in the summer or pay your taxes with it.  And when it increases productivity so that jobs are lost, you bitch about it.  You can’t have it both ways.  The internet and other innovations make it possible for us to expose your contradictory statements and litany of lies.

“Just think of all the good jobs – from manufacturing to retail – that have come from those breakthroughs.”

Great! Computer chips designed in Israel and produced in Asia. Computers assembled in Asia.  American jobs, yeah, right.

“This is our generation’s Sputnik moment. Two years ago, I said that we needed to reach a level of research and development we haven’t seen since the height of the Space Race. In a few weeks, I will be sending a budget to Congress that helps us meet that goal.  We’ll invest in biomedical research, information technology, and especially clean energy technology – an investment that will strengthen our security, protect our planet, and create countless new jobs for our people.”

We are faced with insolvency, so the President proposes massive new spending. Its like buying a brewery for an alcoholic.  Whenever Obama says “invest” it really means more taxes, more debt, more deficit and more inflation.

“Clean energy” is the biggest boondoggle.  Every day we consume vast quantities of liquid fuel which contains 160,000 btu per gallon.  It is not possible to replace that fuel without matching its energy content and there is no alternative fuel that matches its energy density.  The scope and scale of the problem are incomprehensible.

There is no alternative energy source.  No matter what you burn, you consume oxygen and generate products of combustion.  The problems of industrial scale production & distribution  should be  sufficient to warn off any thinking person.

Electricity is not an alternative energy source. Most of it is produced by burning oil, gas or coal.  We are paying more for food and riots are breaking out in other parts of the world as a predictable consequence of diverting corn from food to motor fuel production.

There is no replacement for oil, and if there was, reducing our dependence of Arabian oil would not increase our security unless we were willing to confront Islam, which no current politician is willing to do.  We need leadership with brains, spines & testicles; those are not functions of reduced oil consumption.

Anthropomorphic global climate change  is a big lie, as an increasing number of people are discovering.  Countless can be a very small number such as zero, it does not need to be a large number. New jobs?  Yeah, right.   Pedicab operators & bike couriers?

“With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have 1 million electric vehicles on the road by 2015.”

Assuming 30mpg., the energy consumption is about 5,333 btu/mile. One KWH is about 3412.1416 BTUH. That is about 1.6 KWH per mile.  Assume that each of those million electric vhicles travels 10,000 miles per year.  Where are those 1.2 billion KWH coming from?  Solar cells & windmills, yeah, right.

” We need to get behind this innovation. And to help pay for it, I’m asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. I don’t know if you’ve noticed, but they’re doing just fine on their own. So instead of subsidizing yesterday’s energy, let’s invest in tomorrow’s.”

Where is Obama letting oil companies explore for and produce oil?  Where is he permitting the construction of refineries?  Why are we dependent on oil produced in areas ruled by people inimical to our interests?  Considering the current price of $3.20 per gallon, how will Obama’s scheme affect our pocket books?   Where was your head when you voted for him??

” Now, clean energy breakthroughs will only translate into clean energy jobs if businesses know there will be a market for what they’re selling. So tonight, I challenge you to join me in setting a new goal: by 2035, 80% of America’s electricity will come from clean energy sources. Some folks want wind and solar. Others want nuclear, clean coal, and natural gas. To meet this goal, we will need them all – and I urge Democrats and Republicans to work together to make it happen.”

Translation: drastic inflation: increased prices for electricity and motor fuel, further reductions in our lifestyles, fewer jobs and another great depression.  Natural gas is a byproduct of the oil production process.  Get a clue, for Chrissake!!  Clean coal?? Obama bragged that he would destroy the coal industry.  Nuclear power?  Litigation, regulations, insurance costs and union rates have made it impossible to build new reactors.

You voted for change; you are getting it. Are you satisfied yet?

January 27, 2011 Posted by | Politics | , , , , , | Leave a comment

   

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