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Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
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SumOfAllFears Offline
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Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
Obama Starts Push to Cast Stimulus Bill as a Success

[Image: 17cnd-obamaspan-articleLarge.jpg]

President Obama spoke about the economic recovery act on Wednesday, a year to the day that he signed the bill into law

By SHERYL GAY STOLBERG
Published: February 17, 2010

WASHINGTON — President Obama defended his year-old economic recovery package on Wednesday, arguing that the package, major legislative achievement of his presidency so far, has created or saved as many as two million new jobs, lowered taxes for 95 percent of Americans and spared the country a potentially disastrous depression.


“One year later, it is largely thanks to the Recovery Act that a second depression is no longer a possibility,” the president said. “It’s one of the main reasons the economy has gone from shrinking to by about 6 percent to growing about 6 percent.”

“One year later, it is largely thanks to the Recovery Act that a second depression is no longer a possibility,” the president said. “It’s one of the main reasons the economy has gone from shrinking to by about 6 percent to growing about 6 percent.”

He added, “Our work is far from over, but we have rescued this economy from the worst of this crisis.”

Mr. Obama’s appearance was part of an intensive effort by the White House to sell Americans on the virtues of the stimulus bill. This week, Vice President Joseph R. Biden Jr., cabinet secretaries and other administration officials are fanning out to 35 communities across the country, where they are talking up the measure and announcing new programs, like the one unveiled by Transportation Secretary Ray Lahood on Wednesday to pay for 50 new projects.

The $787 billion stimulus bill, a package of tax cuts and public-works spending that is formally named the American Recovery and Reinvestment Act, has sparked debate about whether it has actually helped the economy. Surveys show that many Americans do not have a clear understanding of what the bill has done; often, it is confused with the bank bailout.

With the unemployment rate at 9.7 percent nationally, and higher in some states, Republicans have been able to capitalize on public doubts about the program and concerns about the soaring national debt. They are asserting that the stimulus bill has not created any new jobs — and may in fact have done harm.

“In the year since the Democrats’ stimulus program was enacted, over three million jobs have been lost, billions of dollars have been wasted, and an unprecedented debt has been passed on to our children — these are not the results that America hoped for,” Representative Eric Cantor of Virginia, the House Republican whip, said in a statement on Wednesday. “Struggling small business owners, families and young workers see trillions in debt, on their tab, and still no job creation.”

In fact, the nonpartisan Congressional Budget Office estimated last fall that by that time, the bill had created between 600,000 and 1.6 million jobs. Independent economists say that while it is hard to ascertain precise job-creation figures, the Republicans’ assertion of “no job creation” is inaccurate.

For Mr. Obama, though, the message that things could have been even worse is not an appealing one to deliver. He acknowledged on Wednesday that he has had difficulty generating enthusiasm among ordinary voters, given the economic hardships many Americans feel.

“Part of the controversy also is that, despite the extraordinary work that has been done through the Recovery Act, millions of Americans are still without jobs, millions more are struggling to make ends meet, so it doesn’t feel like much of a recovery yet,” the president said. “I understand that.”

Mr. Obama also borrowed a line from Congressional Democrats, who have been criticizing Republicans like Mr. Cantor for voting against the measure but then rushing back home to scoop up stimulus dollars for projects in their districts.

Under the headline “Eric Cantor Is a Hypocrite,” the Democratic National Committee on Wednesday issued a news release about how Mr. Cantor supported a high-speed rail project financed by the stimulus bill, saying it would create 185,000 Virginia jobs.

Mr. Obama put it this way: “There are those, let’s face it, across the aisle who have tried to score political points by attacking what we did — even as many of them show up at ribbon-cutting ceremonies for projects in their districts.”
02-17-2010 02:22 PM
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Post: #2
RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
What a f'n lying SOB.

The idiots that voted for him will believe his dumb***.
02-17-2010 02:39 PM
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smn1256 Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
I'm guessing he had to point out the successess of the stimulus plan since no one could actually see it for themselves.

Will there come a day when Obama doesn't make a speech, give an interview, or go on TV and just decide to go about doing some work? He acts more like an inept cheerleader than a president.
(This post was last modified: 02-17-2010 02:51 PM by smn1256.)
02-17-2010 02:46 PM
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 02:46 PM)smn1256 Wrote:  I'm guessing he had to point out the successess of the stimulus plan since no one could actually see it for themselves.

Will there come a day when Obama doesn't make a speech, give an interview, or go on TV and just decide to go about doing some work? He acts more like an inept cheerleader than a president.

[Image: cheer.jpg]
02-17-2010 02:57 PM
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BlazerFan11 Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
smn1256 Wrote:I'm guessing he had to point out the successess of the stimulus plan since no one could actually see it for themselves.

Yep. Hey Barry, if it's one year later and you're having to try to convince people that it worked...it didn't.
02-17-2010 03:09 PM
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smn1256 Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 02:57 PM)Rebel Wrote:  
(02-17-2010 02:46 PM)smn1256 Wrote:  I'm guessing he had to point out the successess of the stimulus plan since no one could actually see it for themselves.

Will there come a day when Obama doesn't make a speech, give an interview, or go on TV and just decide to go about doing some work? He acts more like an inept cheerleader than a president.

[Image: cheer.jpg]

You're too generous. He's more like this

[Image: cheerleader.jpg]

But his mindless liberals pals think he's like this

[Image: cheerleader.jpg]
02-17-2010 03:50 PM
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 03:09 PM)BlazerFan11 Wrote:  
smn1256 Wrote:I'm guessing he had to point out the successess of the stimulus plan since no one could actually see it for themselves.

Yep. Hey Barry, if it's one year later and you're having to try to convince people that it worked...it didn't.

Agreed. 04-cheers
02-17-2010 05:04 PM
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Post: #8
RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
Does he really expect people to believe a stimulus aimed at short-term projects in very targeted industries had such a broad positive effect on the economy? Maybe he forgot that since he wasted the money that unemployment shot to 10% and has shown no material signs of improving.

What an idiot.
02-17-2010 05:11 PM
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NIU007 Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
So we really thought the economy could be forced into a U-turn in 1 year? And if it wasn't, the current president would be at fault?

Presidents get too much credit and blame for the economy. The economy is still cyclical, regardless of what the president does.
02-17-2010 05:19 PM
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 05:19 PM)NIU007 Wrote:  So we really thought the economy could be forced into a U-turn in 1 year? And if it wasn't, the current president would be at fault?

Presidents get too much credit and blame for the economy. The economy is still cyclical, regardless of what the president does.

Sure, economies are cyclical, especially one seeded in Capitalism such as ours. However, a President, in this case two, can royally fk up an economy. You start devaluing the dollar like what is happening now, blowing money like a pervert in a porn shop, and raising taxes significantly on the job creators, you tell me a President doesn't have much of an impact on an economy.
02-17-2010 05:29 PM
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Owl 69/70/75 Online
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
Presidents try to overmanage short term cycles and end up doing serious permanent damage. That is what I believe Shrub did and that is what I believe Obama is doing now. We may never recover. Ever.
02-17-2010 05:36 PM
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NIU007 Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 05:36 PM)Owl 69/70/75 Wrote:  Presidents try to overmanage short term cycles and end up doing serious permanent damage. That is what I believe Shrub did and that is what I believe Obama is doing now. We may never recover. Ever.

That's true. Chairmen of the Federal Reserve do that too, IMO.
02-17-2010 06:11 PM
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 06:11 PM)NIU007 Wrote:  
(02-17-2010 05:36 PM)Owl 69/70/75 Wrote:  Presidents try to overmanage short term cycles and end up doing serious permanent damage. That is what I believe Shrub did and that is what I believe Obama is doing now. We may never recover. Ever.

That's true. Chairmen of the Federal Reserve do that too, IMO.

He could be fired by the President at any time. Bernanke and Woodrow Wilson. Two of the most dangerous people Augusta, Ga. has ever produced.
02-17-2010 08:54 PM
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SumOfAllFears Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
Obama said today that "Taxpayers have gotten their money's worth".

I swear to G0D, the man has no shame.
02-17-2010 09:39 PM
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-17-2010 09:39 PM)SumOfAllFears Wrote:  Obama said today that "Taxpayers have gotten their money's worth".

I swear to G0D, the man has no shame.

He's either A) too stupid to hold the job, or B) too dishonest to hold the job.

Either one is a reason the idiot shouldn't be elected.
02-17-2010 09:53 PM
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Paul M Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
C) Both
02-17-2010 09:58 PM
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smn1256 Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
D. He thinks we're too stupid to understand anything
(This post was last modified: 02-17-2010 10:08 PM by smn1256.)
02-17-2010 10:07 PM
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RobertN Offline
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
Yet you guys all support the Republican hypocrites. The ones that were against it but yet praised all the jobs that would be created or saved from the stimulus bill. :) Where exactly do you guys have your collective heads? 05-stirthepot
02-18-2010 03:21 AM
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Ninerfan1 Offline
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Post: #19
RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-18-2010 03:21 AM)RobertN Wrote:  Yet you guys all support the Republican hypocrites. The ones that were against it but yet praised all the jobs that would be created or saved from the stimulus bill. :) Where exactly do you guys have your collective heads? 05-stirthepot

Where have republicans praised the mythical "jobs created or saved?" Republicans continue to point out the stimulus bill was a POS.

Please provide some shred of evidence to support what you just said.
02-18-2010 08:06 AM
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RE: Obama (Back In Campaign Mode) Starts Push to Cast Stimulus Bill as a Success
(02-18-2010 03:21 AM)RobertN Wrote:  Yet you guys all support the Republican hypocrites. The ones that were against it but yet praised all the jobs that would be created or saved from the stimulus bill. :) Where exactly do you guys have your collective heads? 05-stirthepot

Who is "you guys"? I intend to vote against the Republican senators in this state.
02-18-2010 08:07 AM
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