Posts filed under 'Unemployment'

Obama’s Republican Presidency Continues

It’s getting harder and harder, if not impossible, to think of Obama as a Democrat.  His administration openly despises progressives, unions, gays, and immigrants; his economic team is a bunch of pro-corporate Wall Street/University Of Chicago hacks; he created a commission built to gut Social Security and stubbornly stands by co-chair Alan Simpson as he spews blatantly anti-Social Security lies and insults; and now this:

With just two months until the November elections, the White House is seriously weighing a package of business tax breaks – potentially worth hundreds of billions of dollars – to spur hiring and combat Republican charges that Democratic tax policies hurt small businesses, according to people with knowledge of the deliberations.

Among the options under consideration are a temporary payroll-tax holiday and a permanent extension of the now-expired research-and-development tax credit, which rewards companies that conduct research into new technologies within the United States.

God forbid we should have a stimulus that actually puts money directly into the hands of people who will spend it (because they’re unemployed slackers who don’t deserve it!); no, Obama wants to adopt the Republican approach of handing out tax cuts and hoping for the best.

Tell me why we voted for this guy again?

1 comment September 3rd, 2010 at 07:05am Posted by Eli

Entry Filed under: Corruption/Cronyism,Economy,Obama,Politics,Taxes,Unemployment,Wankers

Job Creation Fail

Uh, Mr. President?  You’re supposed to be creating jobs here

In recent months, President Obama reversed his campaign promises on trade issues – first by dropping his pledge to renegotiate NAFTA and then by pushing to pass NAFTA-style trade agreements with South Korea, Panama and Colombia. Now, with the unemployment crisis persisting, the key jobs question is once again front a center in American politics. Specifically: How do we create jobs here at home and build our most valuable 21st century industries?

The first and foremost answer is that our government should stop doing stuff like the program described in this stunning new report from Information Week:

U.S. To Train 3,000 Offshore IT Workers

Despite President Obama’s pledge to retain more hi-tech jobs in the U.S., a federal agency run by a hand-picked Obama appointee has launched a $22 million program to train workers, including 3,000 specialists in IT and related functions, in South Asia.

Following their training, the tech workers will be placed with outsourcing vendors in the region that provide offshore IT and business services to American companies looking to take advantage of the Asian subcontinent’s low labor costs

The outsourcing program (is) sure to draw the most fire from critics. While Obama acknowledged that occupations such as garment making don’t add much value to the U.S. economy, he argued relentlessly during his presidential run that lawmakers needed to do more to keep hi-tech jobs in IT, biological sciences, and green energy in the country.

Amazing.  Just amazing.  Obama is now actively working against employment in the U.S. by actually encouraging American companies to outsource.  I can’t even imagine what he might be thinking, other than that he wants to prove how totally not anti-business he is.

Or, of course, he simply doesn’t give a damn.  That’s usually a pretty safe bet.

August 6th, 2010 at 07:30am Posted by Eli

Entry Filed under: Economy,Obama,Unemployment,Wankers

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