Well it’s what? Some 961 days since he took office, and now Obama finally has decided he needs to tackle jobs – or appear to be doing so is what I see this as being – because he is heading for an epic ass kicking in 2012, even if his opponent is Dracula himself. Obama and his groupies are warning the republicans to pass this bill, and pass it fast, or else. I admit that I didn’t bother watching the community organizer in chief’s speech last night, but I did go read up on what he said, and as far as I can tell, while the left and the LSM are all talking about a bill, it is obvious that we have no bill whatsoever, but just a plan. Is this more of that special “Hope & Change” magic?
What I do know is that the price for this non-existent bill climbed from the $300 billion in new stimulus that was touted at the beginning of the week to a staggering something closer to another half a trillion. Fox news puts this new Keynesian stimulus plan that democrats are trying real hard not to refer to as stimulus part deux at $450 billion, but since there is no real bill, and I suspect that’s the number the WH gave them, I certainly wont be surprised that if we ever do get a bill, the price tag ends up being far costlier. Seriously, we waited over 30 months for Obama’s people to produce this junk?
The plan, touted as a bill, supposedly is a mix of tax cuts, tax credits, infrastructure investments and other measures – heavy on the infrastructure investment and other measures, and tax cuts and credits that I bet again only target those private sector industries the left wants to be the winners instead of those that actually would produce jobs immediately, I bet – needs to be nailed down, but so far, there is very little I see that will do any real job creation. And from the response by others that are not desperate democrats, it is obvious they where not very impressed. The problem our economy is facing right now is directly tied to the insecurity that the private sector feels because of what has been done so far. That’s because of a combination of things. The first is the myriad of crazy and unpredictable collectivist regulations coming from those things that Team Obama focused on, while ignoring jobs I should add, during its first 2 years. That coupled with a palpable hostility towards the private sector from these elitist academics playing political games, leave practically all small business owners feeling that it is simply too dangerous to expand and hire on new people, when the cost to them is nebulous and likely to just go up every damned time these democrats do anything. And that’s why trillions of dollars of government spending later, with even more debt being made we have no honest, real, and enduring job creation.
And this plan they claim is a bill? Well it is more of the same failed recipes of the last 30 months. Seriously, at this point Obama might want to take a page from my job plan. Topless coffee shops might actually do more to grow the economy than this idiotic plan of his that smacks of nothing more than another attempt to have tax payers subsidize the campaign coffers of countless democrats for the coming 2012 elections. Some people are advocating that we should let them actually create a bill and the pass it, because it is a victory for those that want these people out of power when it fails – and have no doubt it will fail – but seriously, the price tag is freaking frightening.