Of course, Republicans have demonstrated a steady increase in their hostility toward empirical data. That being the case, it’s unlikely they will accept any analysis that does not reach conclusions which: (a) correspond with their ideological presuppositions, and (b) denigrate Barak Obama.

Obama: Economists back my jobs plan

by Jamie Klatell

President Obama said Saturday that independent experts and economists support his jobs plan, and he demanded that Republicans prove they have a better proposal.

“This jobs bill can help guard against another downturn here in America,” the president said in his weekly address.

“This is what independent economists have said. Not just politicians. Not just people in my administration. Independent experts who do this for a living have said that this jobs bill will have a significant effect for our economy and middle-class families all across America.”

The Congressional Budget Office on Friday said that Obama’s jobs plan “could have a noticeable impact on economic growth and employment in the next few years.”

The CBO said that the original Obama stimulus bill would involve $447 billion in tax cuts and new spending — the same estimate given by the administration. It said the bill would raise $450 billion over ten years. The result is a $3 billion decrease in deficits over ten years.

The GOP says the Obama package is a permanent tax increase in exchange for temporary stimulus that is unlikely to reduce 9.1 percent unemployment.

Obama said his plan would “cut taxes for virtually every worker and small business,” while “asking millionaires and billionaires to pay their fair share.”

The president also challenged his political opponents to explain opposition to his “American Jobs Act.”

“Any Senator out there who’s thinking about voting against this jobs bill needs to explain why they would oppose something that we know would improve our economic situation,” Obama said. “If the Republicans in Congress think they have a better plan for creating jobs right now, they should prove it.”

In the Republican weekly address, Sen. John Thune (R-S.D.) called Obama’s proposal “a rehash of the same failed ideas he’s already tried.”

Thune said, “If the president is finally ready to get serious about helping businesses hire more workers, he can rein in his runaway bureaucracy that seems to be doing all it can to destroy jobs rather than create them.”

Original post on The Hill

39 Responses to “Obama’s Package”

  1. shimer ros says:

    god that was the most absolutely awfull trip back to Seattle i ever made, and i was in first class from Sacramento in a room with beds- MOTION SICKNESS!!!

  2. dilley kikum says:

    Herman Cain’s 9 9 9 plan: in California, translates to 18-19% sales tax rate, almost $20 bucks out of $100 spent-how does that help economy?

  3. shaw savalsae says:

    My friend is going to put all his fetuses in jars in a closet and when his kids are naughty, going to send them to the “fetus room”

  4. mokraldaco says:

    Parents and students of St. Mary’s College, Aboke should forgive the LRA rebels who abducted 139 students in 1995, Bishop Joseph Franzelli has said. The Lira Diocese bishop, while leading memorial prayers for the girls on Monday, said forgiveness will … Continue reading →

  5. Obama said he’d get bin laden, he did..He said he’d get Gahdafi..He did. He said he’d end the war…He did. But people still complain

  6. guglads coll says:

    ¡¡Exijamos lo Imposible!! “El Chapo vivo o exigen Obama y Calderón para obtener votos de los más ignorantes y fascistas Pedro Echeverría V. 1. En México y en los EEUU habrán elecciones en 2012; por eso la cabeza de El Chapo Guzmán, el personaje del narcotráfico más protegido de los últimos 10 años por los mismos gobiernos de Barack Obama y Felipe Calderón. En esta época de campañas electorales “el señor don Chapo” es hoy un personaje de lo más preciado porque saben que si lo capturan o lo matan significará para ellos muchos miles de votos que arrancaran de los sectores más ignorantes, más reaccionarios e, incluso filofascistas, que les encanta las escenas de sangre, de guerra y Pero, según se ha publicado, el famoso detenido “Vicentillo” instruyó a sus cuatro abogados para que insistan en que hay acuerdos directos entre el de Sinaloa y el gobierno de EEUU. Esto de los acuerdos de los narcotraficantes con los gobierno de México y el imperio del es muy…

  7. dejan 5 mil niños sin padres: nbsp;WASHINGTON, EU.- En medio de una de las más crueles temporadas de redadas y en Estados Unidos, cientos de hijos de inmigrantes indocumentados sufren las consecuencias de la política impulsada por la administración de Barack Obama en contra de la inmigración ilegal. Ajenos al cálculo político de esta campaña de que ha superado el millón de personas desde el inicio de la era Obama, 5 mil cien niños pagan el elevado precio de la ruptura familiar, con traslados obligados que los arrancan de sus hogares, sus escuelas y sus barrios para ir a parar al seno de familias adoptivas en distintos puntos de la Unión Americana. Según el Centro de Investigación Aplicada (ARC por sus siglas en inglés), en los primeros seis meses de este año, más de 46 mil padres y madres fueron separados de sus hijos, que fueron colocados en hogares temporales. Es decir, más del 10% de las que superaron las 397 mil expulsiones…

  8. ATHENS, Greece — Greece’s new prime minister says the country’s economy faces huge problems despite major austerity already made and those issues will be solved faster with unity and cooperation.

  9. walters all says:

    MadMax economy in Oakland: “Scrapmetal thieves stole the metal poles from No Parking signs in front of my house” via

  10. Even when folks are hitting you over the head, you can’t stop marching. Even when they’re turning the hoses on you, you can’t stop.
    Obama

  11. Dan Rogers comments -Nobel prize winning economist Milton Friedman and his co-author the monumental work of tracing money supply for each year for nearly a century. In doing so, they did the staggering amount of work required to show all of us something very powerful.

  12. furnarakad bielset says:

    it’d take waaaay more than 500 characters allowed on here to list all of Obama’s hard work and accomplishments. This is all DESPITE the obstructionist SAYNOTOEVERYTHING attitude by the DoNothingCongress…Keep reading little one…keep educating yourself…Your Best You is somewhere in there…

  13. Newt can win against Obama because he believes in our Constitution & American exceptionalism…and he know the mind of the socialist.

  14. The *current* Islamophobia of Michele Bachmann, Newt Gingrich, Rick Santorum and other leading Republicans is a much bigger issue than Ron Paul’s alleged racism. Seriously: does Ron Paul sound like David Duke to you? Is he pushing a white nationalist agenda? He has repeatedly condemned racism in the strongest possible terms. If he were about racism he would be pushing racism in his campaign. He isn’t.

  15. brabollman mtl says:

    La primera dama de los EU también tiene su propia cuenta en la red de microblogging. Estará al servicio de la campaña por la reelección de su esposo, Barack Obama. Superó los 50 mil usuarios menos de 3 horas

  16. once china figures out a way to produce kardashians more quickly and cheaply than us, the economy will really be screwed

  17. Gerald Celente: Economy is going to get much worse – A recent reveals that the US created zero new jobs last…

  18. Romney’s posted plans for growing the economy will enrich the 1% beyond the 96% increase they already have. At the expense of the 99%.

  19. lorino hoelmanna says:

    Republican U.S. Sen. Dean Heller, locked in a tight campaign with Democrat Shelley Berkley, toured three Sparks businesses Wednesday to help him gauge the strength of the Nevada economy.

  20. eskee cha says:

    NEW YORK (Reuters) – Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world’s top economy raised the biggest question mark yet about the prospects for U.S. growth. Employers reduced hiring for the third straight month, adding 115,000 workers in April, well below forecasts of 170,000. Traders’ expectations had fallen during the week, but the softer jobs number missed even more pessimistic forecasts. Energy shares were the worst performers, with the S&P energy index down 2.2 percent on fears a worsening economy would sap demand. U. …

  21. kare arvingers says:

    Obama knocks Romney’s CEO past in first 2012 campaign rally – msnbc.com

    Obama knocks Romney’s CEO past in first 2012 campaign rally – msnbc.com
    COLUMBUS, Ohio (Reuters) – President Barack Obama used his first political rally of the 2012 campaign on Saturday to attack Republican Mitt Romney for learning the “wrong lessons” as a CEO and promised to move the U.S. economy forward if he wins a second term.

  22. (05-14) 13:33 PDT , (AP) — HEAVY METALS: Precious and industrial metals fell Monday as investors worried that Greece’s political stalemate could depress the European economy. The most notable decline was in…

  23. jong tiho says:

    Only 19% See Obama, Romney As Best Possible Presidential Candidates: Have at it guys…
    Thursday, May 31, 2012
    M… http://t.co/imeLXvag

  24. vanwood lamkie says:

    The “American Dream” Is Now A Myth: One of the most distressing aspects of the state of the US economy is the d…

  25. Romney and Obama go on the attack in dueling economic speeches – CBS News (CBS News) In the key battleground state of Ohio, President Obama and presumptive… –

  26. dublito sudeep says:

    idk ask Obama. But our parents have to write a will each time they leave.the country invade something happens Not like it will tho

  27. salkisen says:

    The IMF is a relic of an era when power-hungry bureaucrats & deluded economists believed they could micromanage the worlds economy –

  28. FACT: Thanks to President Obama, graduates will be able to cap their student loan payments at 10% of discretionary income.

  29. Hey, Obama, since I’m not building my business, I guess I don’t earn the money so I don’t have to pay the taxes?

  30. nakahaynes says:

    So Republicans want an apology for Biden’s comments but tied Obama’s hands trying to fix the economy, no apology here

  31. eckise las says:

    WOW! This was Plan SG of all along Sonia Gandhi beats Michelle Obama on list of most powerful women –

  32. kaman ros says:

    As Election Day nears, Americans have some sobering choices to make. Whoever wins the White House has a monumental fiscal crisis to deal with – one that makes losses incurred during the Great Recession of 2008 look like pocket change.

  33. If you were a governor in the Clinton economy in a state that 220,000 had 2 leave to find work, you’re not a ‘job c …

  34. ghalley gacuc says:

    Obama pat himself on the back..? i think he did…i heard 7.8 %..good for me..i finished dead last…on the economy!

  35. Oh yeah, I forgot about the black pastors who promised to flip 25% of the black vote to Romney due to Obama’s stance …

  36. Bloomberg

    Yuan Sets Tone for Asia as China Dethrones Japan
    Businessweek
    The outperformance of currencies in developing Asia relative to the yen signals China’s dominance in shaping the region’s economy as Japan’s influence wanes. China, the largest trading of South Korea and Taiwan, is rebounding from a slowdown …
    China Says Japan Must Reflect on History After Sex Slave CommentBloomberg
    China expresses reservations about Abe’s return to Japan Times
    China cautiously watching Abe’s defense movesAsahi Shimbun
    all 932 news articles »

  37. JUST IN: Pres. Obama will call for universal background checks, ban on high capacity magazines and renewal of assault weapo …

  38. mitregtsog says:

    US stocks declined Thursday despite a strong January ahead of government unemployment data that analysts expect to show little change in the jobless rate. The economy unexpectedly contracted by …

  39. doo vanwits says:

    More pain at the pump. Gas prices have risen for 36 days in row and are up nearly 15% so far this year.

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