President Obama has spent countless millions in taxpayer money over the past six weeks, criss-crossing the country to beat the drum for his “Jobs Bill”–demanding that it be passed [intact] now!
Finally, the first vote on it was taken in the Democrat-dominated Senate last evening–handing Obama his first defeat.
According to a New York Post article, the official vote was 50-49, short of the 60 votes needed to surmount a filibuster.
However, as Republicans hold just 47 seats, and Sen. Tom Coburn (R-OK) absent, due to treatment for Prostate Cancer, it is clear that 3 Democrats voted against the bill as well.
Now that’s bipartisan.
Not surprisingly, President Obama is blaming the Senate minority Republicans for the defeat, and trotted out his standard fire and brimstone response with great hubris:
“In the coming days, Members of Congress will have to take a stand on whether they believe we should put teachers, construction workers, police officers and firefighters back on the job. They’ll get a vote on whether they believe we should cut taxes for small business owners and middle-class Americans, or whether we should protect tax breaks for millionaires and billionaires.
Because with so many Americans out of work and so many families struggling, we can’t take ‘no’ for an answer. Ultimately, the American people won’t take ‘no’ for an answer. It’s time for Congress to meet their responsibility, put their party politics aside and take action on jobs right now.”
To that, Speaker of the House John Boehner (R-OH) gave his succinct rebuttle:
“Nearly a month ago, Republicans outlined for President Obama possible areas of common ground on job creation. Already this year the House has passed more than a dozen jobs bills that are now awaiting a vote in the Democratic-led Senate.”
Some analysts believe that Obama’s Jobs bill was never designed to pass, but rather to foment the flame of “class warfare” amongst the populace–to rekindle his voter base and to help his re-election bid.
Conversely, there are those of us who believe that it is a desperate attempt to have taxpayers finance his re-election campaign.
If passed “intact”, as Obama has repeatedly insisted upon, it would only provide short-term “window dressing” to bolster another part of his base in 2012–with very little, if any, permanent job creation.
First of all, to sock those making over $250,000 with a tax increase would chill, if not extinguish, job creation by small businesses–who are the single greatest source of new jobs in the private sector.
The federal subsidies to [re-] hire teachers, policemen and firefighters, would mostly go to [blue] states that are “cash-strapped” (due to public benefits largesse), stricly helping public union members–a significant part of his voter base.
However, after 12 months the states would have to lay them all off again, because they can’t afford them long term.
The amount for “shovel ready” infrastructure jobs will have absolutely no effect, if any, on creating new jobs for construction workers in the near term. As reported by Associated Press yesterday … Last June, Obama conceded that even public works projects financed by his 2009 economic stimulus faced permitting delays. “Shovel ready was not as shovel ready as we expected,” he said.
The administration’s goal is to complete federal review of those 14 projects within 18 months (conveniently after the election).
Finally, as the payroll tax “holiday” has not produced any movement in the unemployment rate, and as it is the only source of funding for the finacially troubled Social Security fund, it should be abolished immediately.
Polls have repeatedly shown that the majority of Americans have rejected President Barak Obama and the direction our country is taking; apparently to the point where no amount of his huffing and puffing can change the downward spiraling trajectory of his re-election bid–thankfully giving rise to our hope for change in November 2012, and the future prosperity for our great country.
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