Sept. 12, 2011 - PPM - No-Bama, No Jobs Bill
This week's PET PEEVE MONDAY (PPM) is Obama's new $450 BILLION "Jobs" Bill.
It is NOT a Jobs Bill. It is nothing but a repackaging and resubmission of previous Obama legislation that was previously rejected. More failed stimulus and more class warfare.
What makes this one different is the transparency that it is paid for with "Offsets”
However, when you read the bill, it is clear that there are no sources to pay for the bill. It kicks the responsibility to the new "Super-committee."
This same committee is already tasked with finding $1.5 TRILLION in cuts based on the Debt Ceiling deal from August. This makes the new goal of $1.95 trillion, in order to “pay for” the new spending. In reality, they won't ever agree on the original goal.
Obama has launched into a campaign-like, cross country trip to gain support for his Jobs Bill. The only problem is that even his own party is rejecting the proposal.
I may not have all of the answers to how to create the 2 Million jobs that have been lost since the Obama coronation. But I do know, more of the same failed policies and desire for "wealth redistribution" will not get it done.
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Labels: Pet Peeve
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