Obama’s Jobs Plan:

(10 am. – promoted by ek hornbeck)

Kill Off Social Security.


Yeah, that ought to work.

(From the links.  ek)

Plan’s Focus on Social Security Taxes Reflects Its Modest Ambitions


Published: September 8, 2011

WASHINGTON – The centerpiece of President Obama’s job-creation plan, a proposal to further reduce Social Security taxes, is emblematic of a package of modest measures that some economists describe as helpful but not sufficient to lift the economy from its malaise.

The cuts, which would deprive the government of about $240 billion in revenues next year, are the largest items in the president’s $447 billion job-creation plan, which includes payments to unemployed workers, incentives for companies that hire workers and increased federal spending on infrastructure. All of the measures will require the support of Congressional Republicans.

But some advocates, noting that temporary tax cuts have a history of becoming permanent, worry that reducing direct Social Security revenues could undermine political support for the program by making it seem more like a form of welfare.

Obama Pushes Medicare Cuts In Jobs Speech

Zach Carter, Huffington Post

9/8/11 10:53 PM ET

WASHINGTON — In his jobs speech before Congress Thursday night, President Barack Obama appeared to call on congressional Democrats to cut Medicare, a politically toxic proposal that undercuts a previous Democratic campaign strategy.

As Ezra Klein reported for the Washington Post on Wednesday, Obama is planning a separate deficit reduction package that liberal groups expect to include raising the eligibility age. Making this change for both Medicare and Social Security hits poorer participants in the programs hardest, since they are more likely to die at a younger age.


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  1. but what more needs be said?

  2. http://www.huffingtonpost.com/

    Medicare too.

    He’s going for broke. Going for distance. Goin’ for speed.  

    • banger on September 9, 2011 at 14:35

    Like he really wanted to do something. We’ll see if it passes. It’s better than nothing and will cushion the recession for some. I like the infrastructure spending but it is not a very large part of the program.

    It’s better than nothing and its the best we could have hoped for. There is little interest in the country in getting out of the recession or doing what must be done to do that which is build demand. The program could up the growth rate by a bit.

    It’s better than nothing. Did I say that already?

  3. http://www.rawstory.com/rs/201

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