Wow… Even Obama’s Supporters Laugh When He Says His Latest Stimulus Plan Is “Fully Paid For”
Posted by Jim Hoft on Monday, September 12, 2011, 11:39 AM
Even Obama’s supporters laughed today when he said his latest $447 billion stimulus plan is fully paid for.
President Barack Obama, accompanied by Vice President Joe Biden, and others, holds up a copy of his American Jobs Act during a statement in the Rose Garden of the White House in Washington, Monday, September 12, 2011. (Yahoo)
Wow. Not even Obama’s supporters take him seriously.
From his speech today as posted at the White House website:
And the American Jobs Act is not going to add to the debt — it’s fully paid for. I want to repeat that. It is fully paid for. (Laughter.) It’s not going to add a dime to the deficit. Next week, I’m laying out my plan not only to pay for this jobs bill but also to bring down the deficit further. It’s a plan that lives by the same rules that families do: We’ve got to cut out things that we can’t afford to do in order to afford the things that we really need. It’s a plan that says everybody — including the wealthiest Americans and biggest corporations — have to pay their fair share. (Applause.)
And just in case the White House changes the website here is a screen grab:
Well, he is the biggest spender in world history so you really can’t blame them for snickering a little bit.
ADVERTISEMENT
-
Featured Story:
YouTube Pulls Video of Trayvon Martin at Fight Club… But They Can’t Hide It Forever – Here It Is Again
Published May 22, 2012 at 5:04 am - 81 Comments
HadEnough commented:
I bet if you peel back that cover sheet you will find JACK %HIT…………he probably has some doodling and sketch art going on in that POS………he probably has a line that is drawn from the people to the government to the pockets of his unions and a shadowed line drawn to his bank account……
Always On Watch commented:
His game is up.
rbosque commented:
Arrogant jerk.
Neo commented:
I haven’t decided if this bill is all an act or if this act is all a bill.
Mark1957 commented:
HadEnough commented:#1
I thought the same thing. He won’t send a copy to Congress before Tuesday at the earliest. Look how it is just held by a paper clip, nothing but a prop for the Liar-in-Chief.
Bill Mitchell commented:
And Michelle Obama has personally spent over $10 million in taxpayer dollars this year alone going on vacation. $10 freakin’ million.
Adirondack Patriot commented:
Who’s the VFW prop in the back? Is this a veterans’ issue now?
mercador commented:
Maybe it is because now days it is expected for people to lie. In other words Muslims believe it is ok to lie to the infidels. He does his fathers work.
John Galt commented:
We, at Robbing America Chronicle, contend that even the best of economic results in the job front in the next 12 months will not be enough to re-elect Obama in 2012 because there is an economic equivalent to Lehmann-2008 coming in 2012 – Greece.
Our piece demonstrates that Europe will sink into a financial crisis with Greece being the catalyst and that this will spread inevitably to the US. It will defeat Obama as sure as the crisis of 2008 would have defeated any Republican candidate.
Rusty Monkey_Bar commented:
#1 Nails it. Below that binder clip (what’s with that?) and his poor attempt at a cover sheet — is nothing but blank paper.
Another alf-hassed attempt at pretending to be POTUS.
lizzy84 commented:
“it’s fully paid for. I want to repeat that. It is fully paid for.”
lol… what he meant to say is “HE’S fully paid for.”
JoyO commented:
Just wait until OBAMACARE kicks in — that is guaranteed to kill any economy the USA has remaining after 4 years under OBAMA and the PROGRESSIVES!
MikeinCT commented:
The slick graphic work on the cover shows that this was done by the creative team at the WH. This isn’t a piece of legislative material, it’s a campaign prop.
Spartan commented:
So Carney is speaking that the outside economists with a PhD worth the paper they are printed on have said that Congress should pass this jobs bill without hesitation. Then in the same breath claimed that the Romer proposal and comments will get used in upcoming commercials about the failure of the first stimulus not working because the economy was in a deeper hole than anyone knew. Is he suggesting that their Phd’s on the paper they are printed on is not worthy? Could they not see that the economy was worse than anyone knew? Why so they have those Phd’s? Afterall they (WH) said they were the best ones we had in place to get our economy back in line? Now which is it? If the president is relying on the same kind of people with those so-called Phd’s, why in God’s name would I want to pass another stimulus based on those same theories?
kansas commented:
The Republicans should hold a vote and pass what they have right now, which is nothing. Then say, hey you wanted it passed. You big turd.
Cee commented:
Since the plan has not been published, we can assume it is still a work in progress. That being the case, making any statement about its ultimate effect assumes that we are a bunch of stupid idiot lemmings.
Cee commented:
While we are cutting out what we cannot afford, we can start with the First Family’s vacations and White House parties except for OFFICIAL STATE functions.
dwd commented:
Obama’s plan to pay for it: TAX HIKES
Just heard it on Fox News, who got it directly from the administration.
Tax hikes. That’ll go over well.
#1AMERICAN commented:
liar kenyan fraud…open mouth insert foot…what a POS
Larkin commented:
It’s all smoke and mirrors…
He’s blowin’ the smoke, and the lyin’ media is holding the mirrors.
Midwestengr commented:
it’s fully paid for. I want to repeat that. It is fully paid for.
Then show it to us you blowhard! If it’s paid for already, then put it out there to read. (Nothing but a picture of an empty suit under that cover page.)
Robert commented:
Since the Republicans have not made many (or any that I can find) specific calls for spending cuts, this could end up being a classic case of snatching defeat form the jaws of victory.
Obama has only to make a few specific proposals for spending cuts, and he can take the issue right away from the do-nothing Republicans.
Thanks Republican and so-called “Tea-Party” congressmen.
Thanks for blowing the chance to cut spending.
Sparky commented:
This entire Jobs bill stinks to high heaven. I wouldn’t trust anything from President Valerie Jarrett!
Lily commented:
This bill includes a $4,000 tax incentive to hire people out of work 6 months or longer.
So, if this passes, and you lose you job a week later – YOUR government will be PAYING businesses to hire someone other than YOU. You will not have a level playing field in the job market. nice.
Vigla commented:
I can tell by the comments on this post that this is not the most intelligent bunch. So I’ll make it very clear to you all… Obama will be re-elected. Start having your coniptions now. Just like Bush was re-elected in 2004, so will Obama. I’m sorry if this disappoints you.
See, I understand your position that government shouldn’t lift a finger to help anyone, but it’s DAMN cruel. We had 8 years of Republicans doing absolutely nothing to make us a better nation, other than wars and poorly run gov’t. I, for one, am not ready for that again. I prefer my well run, no frills, no controversy gov’t that has our interests in mind rather than the special interests.
People do not want to go back to laissaz-faire economics. Get over yourselves. SHOW ME YOUR IDEAS, other than deregulation and less taxes. How are you going to stop jobs from going overseas? How are you going to increase gov’t revenue? How are you going to do ANYTHING…other than saying “no”? You are the party of NO ideas. NONE.
gee! commented:
#1 bing
Robert commented:
Fine. Everybody go on complaining about Obama. See where that gets you.
We are almost upon one year in for the much-ballyhooed “Tea Party” electees. So far, we got nothing. Other than Paul Ryan’s budget, we have heard not a single peep about cutting spending from the so-called Conservatives.
They seem to have forgotten why they were elected. Has everyone else?
succotash commented:
#23….Sparky…ditto that..Ha !
Adirondack Patriot commented:
Vigla, when you say “Show me your ideas other than tax cuts and deregulation,” you have already stacked the deck.
Thank you for electing the worst president ever.
No ideas? Really? Obama has used all of George W. Bush’s ideas when it came to tax cuts and the war on terror. You’re welcome.
Tell you what, you show me one thing that Obama has done that has benefited the economy and I will vote for him in 2012. One thing.
Cash for clunkers? Obamacare and the thousands of waivers that were needed? Bailouts and Quantative Easing? What has he done that worked?
Beto Ochoa commented:
13 September 12, 2011 at 11:57 am
MikeinCT commented:
The slick graphic work on the cover shows that this was done by the creative team at the WH. This isn’t a piece of legislative material, it’s a campaign prop.
The lower corner is curled up and there is nothing visible printed on the next page!
HadEnough commented:
I forgot to include in #1 that among the drawings and line-and-block charts that you will see recipients from the Congress Black Caucus that added the additional 140 billion from what was originally stated……..you will see the family and friends listing from Shelia Jackson Lee and Maxine Waters…….hell I bet Maxine’s husband will get some more banking money…….Shelia and Maxine will hold a rally to get more friends added….she calls it her “mommas baby” money
USMC Thomas commented:
Prezident Shuck n Jive, he da bomb!
Vigla commented:
Adirondack Patriot,
OK, one thing… He saved out auto industry. OK, I guess you have to vote for him now! Saved 1 million jobs and the tax revenue that comes with it.
…and don’t tell me it’s union jobs and they don’t count…
Vigla commented:
Adirondack Patriot,
Oh, and I see your post is again DEVOID of ideas. Also don’t give me the BS about Bush’s tax cuts. He was forced to extend them or risk not passing a budget. Also payroll tax cuts were never proposed by Bush because it doesn’t benefit the wealthy.
Again, I ask. Ideas please, which have not been tried by Bush…
Stuart commented:
And if you pass the bill within the next ten minutes we’ll send you two, yes that’s two trillion dollar stimuli for the price of one. All for only $19.95. Just pay separate shipping and handling.
Lily commented:
I understand your position that government shouldn’t lift a finger to help anyone, but it’s DAMN cruel.
Yes, because all the ‘help’ the Democrats have given has been so great – the economny is worse and we’re even deeper in debt.
All that help for mortgages for the ‘lower income’ worked out great for the housing market and home-owners, right?
Please tell my why all the ‘help’ hurts so darn much?
The Magus commented:
Well Vigla let’s start with repealing Obamacare, Dodd/Frank regulations Bill and implementing tax reform. I realize these suggestions sound boring to you, but this is how we begin to instill some confidence.
Excessive regulations are stifling job creation amongst small business owners.
We need to pass the 3 trade bills that have been sitting on Obama’s desk collecting dust.
And we need to start drilling more oil here rather than giving billions to Brazil to drill offshore while Obama places a moratorium on ours.
As far as your comment “I prefer my well run, no frills, no controversy gov’t that has our interests in mind rather than the special interests” nothing could be further from the truth. This WH is overrun by lobbyists. And perhaps you may have heard of Fast and Furious, a scandal which at very least will have Holder found guilty of lying under oath and most likely ending up under Obama’s bus. New information surfacing, shows email communications with WH, show there was indeed knowledge of these gun sales to Mexican Drug Cartel. And by the way Fast and Furious was funded by Obama’s stimulus money just in case you wondered.
No, I suggest before you claim victory for another term where Obama remains in office, you might face reality, that this administration has worked against USA interests both foreign and domestically since taking office and the only record Obama has is one of utter failure. Americans do not vote for failure.
SouthofReality commented:
What’s up with the binder clip? It looks like they hurriedly ran off a copy on the typing pool’s color laser printer and had Delores attach all of the pages with a clip.
I’ve seen better looking essays in a 7th grade English class.
Yo Bambi, if you want to be credible you need a clear plastic cover with neat cover page and high-res graphics.
Iconoclast commented:
When one sees an incredibly feckless fraud frantically flailing & flaunting its failures – even zombies have to laugh.
Adirondack Patriot commented:
Hey Vigla and Robert: How many Senate Democrats voted for Obama’s budget?
Uhhhhh. Z E R O.
Must be that he is such a font of ideas and they are such shills for the Tea Party.
Face it, you backed a loser and he continues to live down to your expectations.
Militant Conservative commented:
#25 September 12, 2011 at 12:27 pm
Vigla commented:
Democrats determine compassion by how many people are on assistance programs.
Republicans determine compassion by how many no longer need them.
Capital gains tax cut, flat tax and no or very low corporate tax.
Cut regulations and gut departments (DOE, and education.)
Worked under Reagan, Democrats just spent too much. Sound familiar.
powder is dry and so is the well of ideas from democrats.
Adirondack Patriot commented:
Vigla,
Obama didn’t save the auto industry. GM went bankrupt after the bailout, and Chrysler is the proud parent of the failed Fiat experiment.
Ford, which had not part of the UAW bailout, is doing just fine, thank you, without the help of Obama.
(Guess the Obama “War Room” trolls are out in force today. They must have gotten their orders this weekend.)
Hacker 69 commented:
Rule #6 is to make people laugh and mock your opponent.
Obama, a long study of Rules for Radicals is about to be a victim of Allinsky by his own doing.
Ipso oFact commented:
Obama is a charlatan, but up until recently he was a convincing enough charlatan that many people actually believed him.
Now he has completely disintegrating into a laughing stock.
Most charlatans find a pasty who they deceive and then they move on to another one. Obama is now stuck in the spotlight he has so adored to date. He is now transforming himself into the object of ridicule because he cannot conveniently move on to the next victim. When a charlatan keeps taking advantage of the same victim over and over they eventually become exposed.
It couldn’t happen to a more deserving guy. Too bad we can’t get rid of him until 2012.
MrGoodWench commented:
Looks like a stack of blank sheets held together by a big clip.
Nice cover sheet though, all colorful and stuff
kato commented:
People should quit waving their flags and singing “God Bless America” (and, in some cases, brandishing their gun collections) long enough to take a good look at that photo above.
In a country of 300 million people, how did these two grifters rise to the top of the heap?
And what does that say about millions of your fellow citizens, who believe that these two deserve another four years?
But then I read the comments on this site and others, and I see totally unrealistic expectations for marginal candidates and impossible-to-pass issues. When do you people begin to see reality? When do you give up your cartoonish vision of a right-wing, God-fearing fortress America when you have so many millions of citizens arrayed against you?
Even Reagan wasn’t the mythical Reagan of today’s cartoon-conservative wet-dreams while he was in the White House. Yes, he was a conservative, and a very eloquent one, but he was also a master of pragmatism. If Reagan were running today, half of the commenters on this site would be bashing him and still screaming for Sarah or, even more laughably, Ron Paul or Herman Cain.
For many of you, one small deviation from ideological purity is enough to smack the RINO label on someone. Some of you folks are going to run out of candidates. Many of you already back one who isn’t running and who has no chance of winning. Why don’t you try a write-in campaign? That sounds like a winner. Add Marco Rubio to the ticket while you’re at it. It doesn’t matter whether the guy wants to run or not. “We the people” have spoken.
BS-meter commented:
#46 September 12, 2011 at 1:43 pm
MrGoodWench
He IS wearing a flag lapel pin, though. That’ll win over the opposition…………NOT!
The far left hates him almost as much as we do. What’s ironic is he’s living a Mark Twain quote from Huckelberry Finn in the hope of getting re-elected:
“Ain’t we got half the fools in town on our side? And ain’t that a big enough majority in any town?”
BS-meter commented:
KATO just confirmed my previous post!
Campfollower commented:
Just after Obama’s speech, CNN REMOVED the Stock ticker from its screen. They knew the dow was dropping, we knew the Dow was dropping but….they didn’t want us to know HOW MUCH it was dropping.
Uncle Monkey commented:
Above comments are correct – it looks like blank sheets to me.
Wonder how much we had to pay for the new logo on that stack o’ crap™?
WH website is down all of a sudden.
Um, pretty professional.
Hedgehog commented:
That thing he’s holding does not look like it came from the Government Printing Office. It looks like it just came off a computer printer. I’m surprised that the Center For American Progress took this long to e-mail it to him.
RandomThoughts commented:
It’s a plan that lives by the same rules that families do: We’ve got to cut out things that we can’t afford to do in order to afford the things that we really need.
Of course, it blindly ignores the #1 rule of financially stable families: Don’t spend more than you earn.
The only amazing thing about this speech is that Obama managed to deliver it with a straight face.
forest commented:
Probably is paid for. Binder clip, one color copy and a couple hundred sheets of paper. Probably about 8 bucks.
MrGoodWench commented:
BS-meter commented:
He IS wearing a flag lapel pin, though.
+++++++
He has to do that because he is running guns to kill American citizens
Jerry C commented:
@ #25 Vigla-”SHOW ME YOUR IDEAS, other than deregulation and less taxes.”
We are the party of no ideas? How about your question re-phrased back at you?
“SHOW ME YOUR IDEAS, other than spend and tax.”
You’re an idiot.
Valerie commented:
#25 September 12, 2011 at 12:27 pm
Vigla commented:
“…I prefer my well run, no frills, no controversy gov’t that has our interests in mind rather than the special interests. …”
Voila! You have just described what the Tea Parties, most Democrats, and a lot of Republicans also want. That is not what you are getting from the Obama administration.
Maybe what you really need is a better idea of what the Tea Parties and some Republicans actually stand for, instead of what their political enemies try to pretend they stand for. I know you’d be surprised, because you’ve soundly mischaracterized them, yourself.
The Tea Parties are aligning with the Republicans mostly because the Democratic Party has thrown it’s Liberals out. What’s left of the Democratic Party at the national level is committed to economic policies that are nothing short of disastrous.
The notion, that the way to deal with a recession is to cut both tax rates and government spending, may be counterintuitive to you, but it is economically sound. The proper stimulus for this recession is to reduce the drag on the economy. The way to do that is to cut both tax rates and government spending. When that happens, money is injected back into the economy more quickly and efficiently than the government can manage. The consistent result of such policies are enhanced tax revenues (at lower tax rates, no less!) and more jobs, everywhere.
We have the data, in the form of experiments performed by a series of American administrations in response to recessions, which are a natural, if brutal, part of any economy. The strong desire of the Tea Parties is to put an end to this artificially-prolonged recession, end the cruelty of high unemployment rates, and put all our people, including our vulnerable black population which is suffering disproportionately from unemployment, back on the road to achievement and prosperity.
The idea behind The Stimulus was that greatly enhanced government spending on the scale of that of the end of World War II would stimulate the economy and yield a rebound from the recession, and lower our high unemployment rate. This has been called a Keynesian stimulus, even though it goes far beyond anything Keynes ever recommended. The proponents of The Stimulus said the unemployment rate should be back to almost full employment (5.4%) in 18 months.
That didn’t happen. Instead, the recession has been prolonged, and unemployment has deepened. This economy is behaving like the economy of the ’30s, where a stock market bubble led to a recession, and vigorous attempts to use the government to stimulate employment were followed by the Great Depression.
Barack Obama, and his entire administration, are the type of people that love to buy good things for their people. Their ideas work great in an already-growing economy. That’s not what they had after poor government policy led to a housing bubble, which burst and led to a bad recession. The simple fact is that neither Barack Obama’s, nor his administration’s, temper fits our current times. He may think he’s described an effective prescription for increased employment, but the evidence from his policies so far is that this is not the right time for them.
The Tea Parties are exactly right. The reason they are right is because the proper stimulus for a recession is a reduction in the drag by the government.
Nelle commented:
We conservatives do need to make an effort to make it clear that we do not believe in sending sick, limbless children outside without coats to forage for dinner in dumpsters during snowstorms, just to keep our taxes down.
Some liberals would tell you that we’re just that heartless. We don’t help ourselves by always calling for tax cuts and always opposing increases, even on non-taxpaying, hugely profitable corporations and hyper-wealthy individuals. We should focus on who is actually not paying their fair share (lookin’ at you, Buffet/Berkshire Hathaway, GE). If it’s legitimate and helpful that the most profitable/wealthiest pay nothing, we need to explain why, in a way that reaches and convinces millions. And we should demand lots of regulation, while we’re at it–to force gov’t to get their busy hands and noses out of anything the constitution didn’t tell them they can do.
BS-meter commented:
Joe Bite-Me’s expression says it all:
There’s something about this thing that just don’t smell right!
eaglewingz08 commented:
I think we would be ecstatic if Obama only added a dime to the deficit, and not the 1.5 trillion dollars per year he’s added for the past three years. In fact the “not adding a dime to the deficit” was his 2008 campaign slogan. And again, he was right, he did not add a dime to the deficit, he added trillions, in the shortest amount of time ever recorded in US history, with no positive effect on the economy.
jorgen commented:
It WILL be fully paid for – by the American tax payer.