Green Room

Obama’s Big September Jobs Plan Is to Re-enact the Stimulus

posted at 4:33 pm on August 21, 2011 by

Obama senior campaign strategist David Axelrod appeared on CNN’s State of the Union on Sunday, where he provided viewers with a sneak peek at the ambitious new jobs plan that the president has promised to unveil after Labor Day.

So how does the president plan to put unemployed Americans back to work while simultaneously slashing $1.5 trillion from the federal budget? By repeating the stimulus.

As Axelrod freely admitted, “These are not all new ideas.” He elaborated:

There are things that he [the president] has been asking Congress to do for some time, for example extending the payroll tax cut that was passed in January for another year. There are basic things we need to do relative to infrastructure, rebuilding roads and bridges, and that needs to get done. So some of the things will be familiar because he has been talking about them.

Axelrod must be in some sort of time warp because I would swear that Obama has not only “talked about” these ideas but actually got Congress to vote them into law in 2009. The measure even had a name: The American Recovery and Reinvestment Act. It cost taxpayers somewhere in the vicinity of a trillion dollars and has since failed to do squat for the country.

Even more baffling is that Reuters, which is hardly a critic of the White House, writes that economists agree that extending payroll taxes, one of the key provisions of the plan, is likely to have little impact on job creation though it will add another $120 billion a year to the deficit.

In light of this and similar facts about the proposal, one might ask where the trillion and a half dollars in savings will come from. Axelrod assured viewers that some “modest adjustments” to Medicare and government-run entitlement programs would be made.

All in all, he said in closing, there is “nothing in [the plan] that reasonable people shouldn’t be able to agree on.” It sounds as though Axelrod is as crazy or delusional as his boss.

Related Articles

Follow me on Twitter or join me at Facebook. You can reach me at howard.portnoy@gmail.com or by posting a comment below.

Recently in the Green Room:

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

It’s a distraction. They don’t care if there is inflation, joblessness,or any misery in this country.

The real item on the agenda is the “infrastructure bank”. The Wagner Act & over-reach of the NLRB can only do so much. The Democrat machine has to find a way to fund this PAC – the unions – in perpetuity.

Look at his Executive orders to understand the purpose of this “infrastructure bank”. In one of his earliest EO’s he re-unionized any projects funded by federal money, and more recently his issued an EO saying there needs to be more “diversity” in Federal workers.

Here’s a good summation of 3 of the orders that directly empower unions who will draw from the infrastructure bank.

Re-distribution doesn’t mean from the rich to the poor – it means to take from everyone to give to the machine.

batterup on August 21, 2011 at 4:57 PM

I completely confused.

The repeating meme from the left AND this administration is that the Bush Tax Cuts contributed to the massive deficit because it “was not paid for”.

In addition, they believe tax cuts reduce revenue and should be “paid for” whenever one is even considered.

How then, can receiving less tax revenue from the payroll tax because of a “Obama sanctified” payroll tax cut not add to the deficit and our debt and make the problem worse?

Opposite Day on August 21, 2011 at 7:01 PM

I completely confused.

Doesn’t sound that way to me. Your comments suggest you have a perfect grasp of this latest farce.

Howard Portnoy on August 21, 2011 at 7:06 PM

“Foolishness is bound up in the heart of a child”

This administration is made up of children.

chemman on August 21, 2011 at 7:43 PM

SSDD, we knew this was gonna happen…

epic fail, blame bush and the gop…

yawn

cmsinaz on August 21, 2011 at 8:07 PM

We think they’re crazy or delusional, they think they are right and it will work, this time, cuz they didn’t do enough the 1st time. You can hear this plan spouted out of every dem pol, or strategist every time one of them has a mike shoved in their face. Oh, and the repubs are mean for blocking this presidents plans to save us all.

Kissmygrits on August 21, 2011 at 8:28 PM

If Obama wants to take more money from Medicare to pay for Stimulus 2, does that mean that the GOP can now run “Obama wants to push Granny off a cliff” ads?

Jay Mac on August 22, 2011 at 5:43 AM

Someone should remind them that “Plan B cannot be twice as much spending as Plan A”.

teke184 on August 22, 2011 at 11:48 AM