Obama Still Pushing Jobs Bill

Tonight, President Obama held a press conference in which he once again pushed his jobs bill which he introduced nearly three weeks ago. His $447 billion jobs bill would supposedly reduce payroll taxes, increase spending on schools and start on infrastructure projects. This would all be funded by raising taxes on “the rich.” While the bill has languished on The Hill, there really still aren’t any concrete ideas within the bill, other than the 5.5% tax increase on “the rich.”

Watching the presser I was amazed at just how feisty he has become over this bill, almost daring the Republican to not pass the bill. He urged Congress to pass the bill or “be ready to get run out of town” by voters.

I really do think he is missing the mood of the country. In the past three years, he and his Congress (2008-2010) passed spending programs in excess of $2.5 trillion. I think people are tired of the spending.

How the Stimulus has Worked. Not!

Very interesting charts on how the stimulus spending by President Obama and the democrat Congress has not lived up to the hype. Obama promised that unemployment was going to skyrocket unless these spending plans were passed.  Once passed, unemployment was not going to exceed 8% with the nearly $1 trillion in government (i.e. taxpayer) money.

These charts clearly show that unemployment exceeded those promises and it shows by how much.