6+million Unemloyed

Boxes&BooksBoxes&Books USA Posts: 2,672
edited December 2010 in A Moving Train
6+million unemployed and looking- That number is suppose to go higher....
I think someone on the board said that there were 51 job openings near there area ....... Does anyone else know where there are an additional 5,999,949 job openings? Or at least another 51 jobs?


Screw the unemployment benefits - that's going to cost us to much.... Just bust out the bread and water and start forming a line..........that's enough to keep them alive.....after all we are America - we need to show that we are sympathetic.....
We need to use that money to give ultra rich a 700 billion tax cut - that they desperately need.....
Post edited by Unknown User on
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  • Jason PJason P Posts: 19,158
    tonifig8 wrote:
    6+million unemployed and looking- That number is suppose to go higher....
    I think someone on the board said that there were 51 job openings near there area ....... Does anyone else know where there are an additional 5,999,949 job openings? Or at least another 51 jobs?


    Screw the unemployment benefits - that's going to cost us to much.... Just bust out the bread and water and start forming a line..........that's enough to keep them alive.....after all we are America - we need to show that we are sympathetic.....
    We need to use that money to give ultra rich a 700 billion tax cut - that they desperately need.....
    How long do you propose extending unemployment benefits?
    Be Excellent To Each Other
    Party On, Dudes!
  • Jokertt14Jokertt14 Posts: 2,566
    and growing more everyday . :cry:
  • tonifig8 wrote:
    6+million unemployed and looking- That number is suppose to go higher....
    I think someone on the board said that there were 51 job openings near there area ....... Does anyone else know where there are an additional 5,999,949 job openings? Or at least another 51 jobs?


    Screw the unemployment benefits - that's going to cost us to much.... Just bust out the bread and water and start forming a line..........that's enough to keep them alive.....after all we are America - we need to show that we are sympathetic.....
    We need to use that money to give ultra rich a 700 billion tax cut - that they desperately need.....

    How do you propose paying for the benefit extension?
    Bristow, VA (5/13/10)
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Jason P wrote:
    tonifig8 wrote:
    6+million unemployed and looking- That number is suppose to go higher....
    I think someone on the board said that there were 51 job openings near there area ....... Does anyone else know where there are an additional 5,999,949 job openings? Or at least another 51 jobs?


    Screw the unemployment benefits - that's going to cost us to much.... Just bust out the bread and water and start forming a line..........that's enough to keep them alive.....after all we are America - we need to show that we are sympathetic.....
    We need to use that money to give ultra rich a 700 billion tax cut - that they desperately need.....
    How long do you propose extending unemployment benefits?

    How do you propose paying for the benefit extension?


    I thought 99 weeks was good, but there are real people out there who are not abusing the system who really can't find jobs- I heard a study today that said, people who have been unemployed for over a yr have a 5% (not exactly sure on the exact num, but it was low) chance of finding a job- A lot of employers don't want to hire people who have been unemployed for that long of a period. Plus for every one opening there are 10-5 people applying for the job. I say extend it for an additional 8 weeks and investigate or at least do random screenings for those applying for it. 310 a week is peanuts, compared to what we waste as a nation. But obviously it needs to be seriously inspected/evaluated..... this is a hug conversation....

    Paying for it can come from many different places- I'm one of those guys who thinks the US should stop giving Israel billions of dollars, stop spending trillions on a war, increases taxes for those in the wealthiest 2% (back to the Clinton era), tax the shit out of congress, use some of the stimulus funds that remain, cut defense spending, earmarks, etc...etc..etc.... The money is every where - the country spends it on worthless shit all the time .......this would be a great cause...especially during this time.....
    What is currently happen is that people who haven't reached 99 weeks have been cut off- Yeah some people are probably abusing the system, but how many scum bag politicians or CEO's aren't rapping the shit out of the American people? Again this conversation could go into different channels and can go on forever - but the fact of the matter is that the money is there....... and we waste it on bullshit every day....so let's at least help the average citizen with 310 bucks........

    if not, then start handing out bread and water..... and get ready for class warfare!
  • youngsteryoungster Boston Posts: 6,576
    I would say that the majority of people recieving an unemployment check spend that money on groceries, goods and other items that stimulate the economy. I was unemployed for 4 months earlier this year (thankfully I have been employed for 9 months now) and I have to be honest, I was recieving max unemployment plus 2 dependant benefits and I was recieving $700/week on unemployment. Not a whole lot of incentive for me to get a job and make $500-600/week working when I get more not working. Maybe you can blame the system for that but seriously, do you blame me? Would you take a paycut to work vs. unemployment? I am fortunate to have a job that pays more than $700/week so I feel that all my years of working and paying into the system with my tax dollars earn me the right to hold out for as long as I can to find a decent, well-paying job to help support my family.
    He who forgets will be destined to remember.

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  • KDH12KDH12 Posts: 2,096
    My job plan

    Eliminate self service gas stations...... eliminate self service everything....for that matter


    Take all the gas stations in the country and times that by 5, and that would equal the number of jobs created
    **CUBS GO ALL THE WAY IN......never **
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    KDH12 wrote:
    My job plan

    Eliminate self service gas stations...... eliminate self service everything....for that matter


    Take all the gas stations in the country and times that by 5, and that would equal the number of jobs created
    also, do away with automated systems answering phones for customer service. you can't even speak to a human being when you call a bank, credit card company, cable company, phone company, electric company to report a power outage, etc. that would create a million or more jobs there.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    more troubling news on the jobs front.

    i wanted to post this chart here but it is too large, so you will have to click the link to see it.

    this chart shows the percent of job losses in post WW II recessions. this is the worst post WWII recession with regard to jobs lost. by far. it is scary for sure.

    http://www.huffingtonpost.com/2010/12/0 ... 92202.html
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    KDH12 wrote:
    My job plan

    Eliminate self service gas stations...... eliminate self service everything....for that matter


    Take all the gas stations in the country and times that by 5, and that would equal the number of jobs created
    also, do away with automated systems answering phones for customer service. you can't even speak to a human being when you call a bank, credit card company, cable company, phone company, electric company to report a power outage, etc. that would create a million or more jobs there.


    Bring back the outsourced jobs from India, imagine all of those jobs. Any "green" job funded by taxpayer money should only have US made parts/supplies.

    As far as the gas stations there is a state that it is unlawful for the car owner to pump their own gas. I can't remember which though.
  • gimmesometruth27gimmesometruth27 St. Fuckin Louis Posts: 23,303
    unsung wrote:
    Bring back the outsourced jobs from India, imagine all of those jobs. Any "green" job funded by taxpayer money should only have US made parts/supplies.

    As far as the gas stations there is a state that it is unlawful for the car owner to pump their own gas. I can't remember which though.
    i agree with these. i would love for those jobs to come back from india and china, but i doubt that is going to happen because labor is cheaper overseas, and we can not force these companies to bring those jobs back. we can offer tax incentives, but that is not going to really help the economy.

    we are in bad shape, and i am worried that there is no fixing it.
    "You can tell the greatness of a man by what makes him angry."  - Lincoln

    "Well, you tell him that I don't talk to suckas."
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    If you offered tax incentives to bring those jobs back it would put people back to work, get them off unemployment, and get them paying back into the system.

    I'd say that is a really good start.
  • JeanwahJeanwah Posts: 6,363
    unsung wrote:

    As far as the gas stations there is a state that it is unlawful for the car owner to pump their own gas. I can't remember which though.

    New Jersey.
    unsung wrote:
    If you offered tax incentives to bring those jobs back it would put people back to work, get them off unemployment, and get them paying back into the system.

    I'd say that is a really good start.

    Yeah, great idea, but they'll never do this. Because it'll cost companies more money. And the point of outsourcing is the tax breaks and the extra money in the business's bottom line (which equals more money in the CEO's pocket). This is MUCH more important than the the health of the U.S. economy and lowering the unemployment rate.
  • Jason PJason P Posts: 19,158
    It looks like the Democrats and Republicans may be close to a compromise that extends both unemployment benefits and also extends the current tax rates to every American. I'm hopeful that they can pull it off as it would be a win/win solution.


    http://finance.yahoo.com/news/GOP-Dems-nearing-deal-on-apf-3635579613.html?x=0
    Be Excellent To Each Other
    Party On, Dudes!
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Jason P wrote:
    It looks like the Democrats and Republicans may be close to a compromise that extends both unemployment benefits and also extends the current tax rates to every American. I'm hopeful that they can pull it off as it would be a win/win solution.


    http://finance.yahoo.com/news/GOP-Dems-nearing-deal-on-apf-3635579613.html?x=0


    Awesome!!! :P :P Tax payers have to pay 700 Billion for the wealthiest 2% to get additional breaks! Wow- I'm so happy for those 2%!! :P :P :P
    In return "some" of those 6+million unemployed people get 310 a week!for an additional 4 weeks!! :P Yaaaaahhhhooooo!!!
  • Jason PJason P Posts: 19,158
    edited December 2010
    tonifig8 wrote:
    Jason P wrote:
    It looks like the Democrats and Republicans may be close to a compromise that extends both unemployment benefits and also extends the current tax rates to every American. I'm hopeful that they can pull it off as it would be a win/win solution.


    http://finance.yahoo.com/news/GOP-Dems-nearing-deal-on-apf-3635579613.html?x=0


    Awesome!!! :P :P Tax payers have to pay 700 Billion for the wealthiest 2% to get additional breaks! Wow- I'm so happy for those 2%!! :P :P :P
    In return "some" of those 6+million unemployed people get 310 a week!for an additional 4 weeks!! :P Yaaaaahhhhooooo!!!
    They are looking to extend the benefits for a year, not four weeks. In return, the current tax level will be extended two years.

    Also, the wealthiest 2% will not be getting additional tax breaks as far as I know. They are staying at the current tax level, just like every other US citizen if the compromise is reached.

    At the very least, this is one of the few occasions that I've actually witnessed the two sides negotiate a compromise. And it will be nice to move forward and argue, er, I mean discuss other issues like the START program with Russia.

    Cheer up, it's Xmas time. :wave:
    Post edited by Jason P on
    Be Excellent To Each Other
    Party On, Dudes!
  • Jason P wrote:
    tonifig8 wrote:
    Jason P wrote:
    It looks like the Democrats and Republicans may be close to a compromise that extends both unemployment benefits and also extends the current tax rates to every American. I'm hopeful that they can pull it off as it would be a win/win solution.


    http://finance.yahoo.com/news/GOP-Dems-nearing-deal-on-apf-3635579613.html?x=0


    Awesome!!! :P :P Tax payers have to pay 700 Billion for the wealthiest 2% to get additional breaks! Wow- I'm so happy for those 2%!! :P :P :P
    In return "some" of those 6+million unemployed people get 310 a week!for an additional 4 weeks!! :P Yaaaaahhhhooooo!!!
    They are looking to extend the benefits for a year, not four weeks. Cheer up, it's Xmas time. :wave:

    Where does it end? I am overwhelmed by this. Simply overwhelmed.
    Bristow, VA (5/13/10)
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Jason P wrote:
    tonifig8 wrote:
    Jason P wrote:
    It looks like the Democrats and Republicans may be close to a compromise that extends both unemployment benefits and also extends the current tax rates to every American. I'm hopeful that they can pull it off as it would be a win/win solution.


    http://finance.yahoo.com/news/GOP-Dems-nearing-deal-on-apf-3635579613.html?x=0


    Awesome!!! :P :P Tax payers have to pay 700 Billion for the wealthiest 2% to get additional breaks! Wow- I'm so happy for those 2%!! :P :P :P
    In return "some" of those 6+million unemployed people get 310 a week!for an additional 4 weeks!! :P Yaaaaahhhhooooo!!!
    They are looking to extend the benefits for a year, not four weeks. In return, the current tax level will be extended two years.

    Also, the wealthiest 2% will not be getting additional tax breaks as far as I know. They are staying at the current tax level, just like every other US citizen if the compromise is reached.

    At the very least, this is one of the few occasions that I've actually witnessed the two sides negotiate a compromise. And it will be nice to move forward and argue, er, I mean discuss other issues like the START program with Russia.

    Cheer up, it's Xmas time. :wave:


    It ends at 99 weeks-
    This is simply adding to those who haven't reached 99 weeks.
    I think everyone pays into this insurance- So for the first 26 weeks it's money you basically saved- after that the Fed/State helps out.

    Cheer up, Really?
    Do the math ....lets say 6 million of those folks were all about to receive 99 weeks of benefits- Which in all reality less then 3 million of those folks are going to benefit from this.....Remember also that 26 weeks of benefits basically comes out of the individuals pocket...... and I'm not subtracting that from the total.....this is hypothetical for 6 million people making 310 a week - Also note that 310 wouldn't even be enough to pay the rent and not everyone receives 310, most get less.


    99 weeks (2yrs) x $310 x 6 million unemployed = 184,140,000,000 billion - most of this money, if not all will go right back to the Gov and stimulate the economy cause these people have to F'ing eat- :roll:

    How much will it cost the tax payer to give 2% of the population additional tax cuts? 700,000,000,000

    now I'm not expert on this, so feel free to correct me .... this is simply how I look at it.

    I'm starting to cheer up! :) And I'm pretty sure 6 million unemployed American's are also starting to cheer up. :P
    thanks!
  • Jason PJason P Posts: 19,158
    tonifig8 wrote:
    ...............
    How much will it cost the tax payer to give 2% of the population additional tax cuts? 700,000,000,000
    ...............
    Correct me if I'm wrong, but I don't believe 2% or the other 98% will see any additional tax cuts. The current tax rates will stay the same and be extended for two years. If tax rates are increased, then it would bring in an additional $700B, but that is make-believe money unless the government allows the tax cuts to expire (and it will be more then $700B because we will all be paying more).

    Are you content with paying more to the government? I'm not.
    Be Excellent To Each Other
    Party On, Dudes!
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Republicans Playing Grinch With Unemployment Benefits Right Before The Holidays

    With Senate Republicans killing an extension of unemployment benefits Saturday in a 53-36 vote, I thought I’d share some of my inconsolable rage. First off, given that unemployment benefits have a multiplier effect of 1.64 for every dollar spent, this is clearly another attempt by the Republicans to sabotage any hope of a real economic recovery. Permanently extending the Bush tax cuts for the wealthy only has a multiplier effect of 0.29 for every dollar spent. But let’s forget the negative macroeconomic impact of this despicable obstruction on the part of the Republicans for a second.

    If unemployment benefits are not extended soon, millions of struggling parents in this country will be unable to feed their kids during the holiday season. These people are not lazy or looking for a handout. The average unemployment check is only $293 a week. It is impossible to raise a family on unemployment benefits in the long-term. The unemployed want to work, as they desperately want to support themselves and their families. These are hard-working Americans who were employed all the way up until two years ago when the Wall Street bankers crashed the economy and walked away with trillions of dollars from the American taxpayer.

    Republicans claim to be the party of “family values.” Is this their idea of family values? If you’re an average American who loses your job because of the criminal actions of the richest and most powerful people in the country, you and your children deserve to starve right before the holidays? I wonder how many of the Republicans who voted to deny the extension of unemployment benefits claim to be “Christians,” as this is what Jesus would do, right? Jesus would tell the unemployed to go beg for food in the streets to keep their children from starving, because the rich need their tax cuts?

    It’s abundantly clear that Republicans view average hard-working Americans, without any lobbyists working on their behalf, as chattel, plain and simple. But I’m asking the Republicans to show some compassion for once. I’m begging them to stop trying to take the last lifeline that millions of suffering Americans and their families are desperately relying on. Because if they think Americans are angry now, just wait until they really have nothing left to lose and starving kids to feed.


    http://www.alan.com/2010/12/05/republic ... -holidays/
  • tonifig8 wrote:
    Republicans Playing Grinch With Unemployment Benefits Right Before The Holidays

    With Senate Republicans killing an extension of unemployment benefits Saturday in a 53-36 vote, I thought I’d share some of my inconsolable rage. First off, given that unemployment benefits have a multiplier effect of 1.64 for every dollar spent, this is clearly another attempt by the Republicans to sabotage any hope of a real economic recovery. Permanently extending the Bush tax cuts for the wealthy only has a multiplier effect of 0.29 for every dollar spent. But let’s forget the negative macroeconomic impact of this despicable obstruction on the part of the Republicans for a second.

    If unemployment benefits are not extended soon, millions of struggling parents in this country will be unable to feed their kids during the holiday season. These people are not lazy or looking for a handout. The average unemployment check is only $293 a week. It is impossible to raise a family on unemployment benefits in the long-term. The unemployed want to work, as they desperately want to support themselves and their families. These are hard-working Americans who were employed all the way up until two years ago when the Wall Street bankers crashed the economy and walked away with trillions of dollars from the American taxpayer.

    Republicans claim to be the party of “family values.” Is this their idea of family values? If you’re an average American who loses your job because of the criminal actions of the richest and most powerful people in the country, you and your children deserve to starve right before the holidays? I wonder how many of the Republicans who voted to deny the extension of unemployment benefits claim to be “Christians,” as this is what Jesus would do, right? Jesus would tell the unemployed to go beg for food in the streets to keep their children from starving, because the rich need their tax cuts?

    It’s abundantly clear that Republicans view average hard-working Americans, without any lobbyists working on their behalf, as chattel, plain and simple. But I’m asking the Republicans to show some compassion for once. I’m begging them to stop trying to take the last lifeline that millions of suffering Americans and their families are desperately relying on. Because if they think Americans are angry now, just wait until they really have nothing left to lose and starving kids to feed.


    http://www.alan.com/2010/12/05/republic ... -holidays/

    Alan Colmes? Do you have something non-biased?
    Bristow, VA (5/13/10)
  • Jason PJason P Posts: 19,158
    tonifig8 wrote:
    It ends at 99 weeks-
    This is simply adding to those who haven't reached 99 weeks.
    I think everyone pays into this insurance- So for the first 26 weeks it's money you basically saved- after that the Fed/State helps out.
    We won't know for sure until a deal is reached, but the news sources I've been reading imply that the benefits will be extended to the 99'ers. I guess there isn't any reason to debate the issue any further until more details are known. At this point, it's MSNBC Said, FoxNews Said.

    So, have a wonderful week and we can discuss the issue in more detail once the facts come out. :angel:
    Be Excellent To Each Other
    Party On, Dudes!
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    tonifig8 wrote:
    Republicans Playing Grinch With Unemployment Benefits Right Before The Holidays

    With Senate Republicans killing an extension of unemployment benefits Saturday in a 53-36 vote, I thought I’d share some of my inconsolable rage. First off, given that unemployment benefits have a multiplier effect of 1.64 for every dollar spent, this is clearly another attempt by the Republicans to sabotage any hope of a real economic recovery. Permanently extending the Bush tax cuts for the wealthy only has a multiplier effect of 0.29 for every dollar spent. But let’s forget the negative macroeconomic impact of this despicable obstruction on the part of the Republicans for a second.

    If unemployment benefits are not extended soon, millions of struggling parents in this country will be unable to feed their kids during the holiday season. These people are not lazy or looking for a handout. The average unemployment check is only $293 a week. It is impossible to raise a family on unemployment benefits in the long-term. The unemployed want to work, as they desperately want to support themselves and their families. These are hard-working Americans who were employed all the way up until two years ago when the Wall Street bankers crashed the economy and walked away with trillions of dollars from the American taxpayer.

    Republicans claim to be the party of “family values.” Is this their idea of family values? If you’re an average American who loses your job because of the criminal actions of the richest and most powerful people in the country, you and your children deserve to starve right before the holidays? I wonder how many of the Republicans who voted to deny the extension of unemployment benefits claim to be “Christians,” as this is what Jesus would do, right? Jesus would tell the unemployed to go beg for food in the streets to keep their children from starving, because the rich need their tax cuts?

    It’s abundantly clear that Republicans view average hard-working Americans, without any lobbyists working on their behalf, as chattel, plain and simple. But I’m asking the Republicans to show some compassion for once. I’m begging them to stop trying to take the last lifeline that millions of suffering Americans and their families are desperately relying on. Because if they think Americans are angry now, just wait until they really have nothing left to lose and starving kids to feed.


    http://www.alan.com/2010/12/05/republic ... -holidays/

    Alan Colmes? Do you have something non-biased?


    Will it make a difference? If so, I'll post something less bias, but you would have to actually accept the facts.... Can we agree?
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Just received this alert from Politico -
    Do republicans really think that these tax cuts will create jobs and employ those 6 million people? Why are they now willing to give 13 months of unemployment to those lazy people? WTF!!! They said the money wasn't there - that it would only add to the deficit!!WTF!! Looks like more government hand outs ....
    politico alert-
    The White House and congressional Republicans neared a deal on extending the Bush-era tax cuts to all Americans for two years, including wealthier families, administration sources said Monday night, and the deal includes a payroll tax cut for workers in 2011 totaling $120 billion. Also, Republicans would agree to renew jobless benefits for another 13 months, sources said. But House Democrats were no closer to signing on to a deal with Republicans after Monday's round of meetings at the White House.
  • if anyone needs a job and can stomach central new york winters, the company i work for is always hiring. always.
    9/1/00, 9/2/00, 9/3/00, 12/31/00, 3/2/01, 4/29/01, 6/21/01, 7/25/01, 8/31/01, 9/1/01, 9/2/01, 4/18/02, 8/30/02, 8/31/02, 8/31/02, 9/1/02, 9/22/02, 3/22/03, 5/6/03, 6/29/03, 8/29/03, 8/30/03, 8/30/03, 8/31/03, 2/21/04, 4/2/04, 4/3/04, 9/3/04, 9/4/04, 9/4/04, 9/5/04, 2/19/05, 7/22/05, 9/2/05, 9/3/05, 9/3/05, 9/4/05, 1/22/06, 6/7/06, 9/1/06, 9/2/06, 9/2/06, 9/3/06, 7/6/07, 8/31/07, 9/1/07, 9/1/07, 9/2/07, 3/7/08, 8/29/08, 8/30/08, 8/30/08, 8/31/08, 7/11/09, 6/4/10, 6/11/11
  • Will it make a difference? If so, I'll post something less bias, but you would have to actually accept the facts.... Can we agree?[/quote]



    I can accept factual information.
    Bristow, VA (5/13/10)
  • JeanwahJeanwah Posts: 6,363
    if anyone needs a job and can stomach central new york winters, the company i work for is always hiring. always.
    Where's that? Just curious.
  • Boxes&BooksBoxes&Books USA Posts: 2,672



    I can accept factual information.

    related to taxes:
    "At present, no corresponding spending
    cuts have been identified to offset the $680 billion in projected revenue shortfalls. As such, the revenue
    shortfalls will require additional borrowing to fill the resulting budget gap in each of these years. This
    borrowing, in turn, will increase the national debt and thus will increase the annual cost of servicing
    this debt – in other words, annual interest payments on the national debt will rise. These increases in
    annual interest payments will add further to annual deficits. Together, these higher annual interest
    payments will add another $146 billion to the projected 10-year deficit cost total, bringing the combined
    total of annual increases in the deficit to $826 billion over the period from 2011-2020 ($680 billion in lost
    revenue + $146 billion in interest payments = $826 billion)."

    All the info you need on the taxes should be here-- http://www.massbudget.org/file_storage/ ... _28_10.pdf

    Ronald Reagan's former budget director David Stockman said, "the Bush tax cuts costs $300 billion a year: 100 billion to the top 2 percent, 200 billion to the middle-class". - "I find it unconscionable that the Republican leadership, faced with a 1.5 trillion deficit, could possibly believe that good public policy is to maintain tax cuts for the top 2 percent of the population who, after all, have benefited enormously from this phony boom we've had over the last 10 years as a result of the casino on Wall Street.

    And I blame Paulson on it. I blame the Bush White House. They basically sold out the birthright of the Republican Party when they bailed out Wall Street unnecessarily, in a state of complete panic in September 2008. That's really, at the end of the day, one of the greatest misfortunes in fiscal governance since the Reagan revolution tried to straighten things out beginning in 1980"


    unemployment benefits:
    Unemployed in Mississippi receive an average of $230 a week! The National average check is $290 a week, according to NELP. That's about 35% of an average American's wages.

    http://nelp.org


    What pisses me off- is that the GOP clearly stated that they weren't going to add to the deficit.
    Additional 13 months of unemployment-
    Plus the big one of 700+billion!

    I say hand out water and bread to those who can't afford to live
    and increases taxes for those 2% .... Shit people are giving their life's in the middle east, can't we all sacrifice a little more.

    As Jason P said.... Happy Holiday's! :wave:
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    THE PRESIDENT: Hello, everybody. Sorry to keep you waiting.

    For the past few weeks there’s been a lot of talk around Washington about taxes and there’s been a lot of political positioning between the two parties. But around kitchen tables, Americans are asking just one question: Are we going to allow their taxes to go up on January 1st, or will we meet our responsibilities to resolve our differences and do what’s necessary to speed up the recovery and get people back to work?

    Now, there’s no doubt that the differences between the parties are real and they are profound. Ever since I started running for this office I've said that we should only extend the tax cuts for the middle class. These are the Americans who’ve taken the biggest hit not only from this recession but from nearly a decade of costs that have gone up while their paychecks have not. It would be a grave injustice to let taxes increase for these Americans right now. And it would deal a serious blow to our economic recovery.

    Now, Republicans have a different view. They believe that we should also make permanent the tax cuts for the wealthiest 2 percent of Americans. I completely disagree with this. A permanent extension of these tax cuts would cost us $700 billion at a time when we need to start focusing on bringing down our deficit. And economists from all across the political spectrum agree that giving tax cuts to millionaires and billionaires does very little to actually grow our economy.

    This is where the debate has stood for the last couple of weeks. And what is abundantly clear to everyone in this town is that Republicans will block a permanent tax cut for the middle class unless they also get a permanent tax cut for the wealthiest Americans, regardless of the cost or impact on the deficit.

    We saw that in two different votes in the Senate that were taken this weekend. And without a willingness to give on both sides, there’s no reason to believe that this stalemate won't continue well into next year. This would be a chilling prospect for the American people whose taxes are currently scheduled to go up on January 1st because of arrangements that were made back in 2001 and 2003 under the Bush tax cuts.

    I am not willing to let that happen. I know there’s some people in my own party and in the other party who would rather prolong this battle, even if we can't reach a compromise. But I'm not willing to let working families across this country become collateral damage for political warfare here in Washington. And I'm not willing to let our economy slip backwards just as we're pulling ourselves out of this devastating recession.

    I'm not willing to see 2 million Americans who stand to lose their unemployment insurance at the end of this month be put in a situation where they might lose their home or their car or suffer some additional economic catastrophe.

    So, sympathetic as I am to those who prefer a fight over compromise, as much as the political wisdom may dictate fighting over solving problems, it would be the wrong thing to do. The American people didn’t send us here to wage symbolic battles or win symbolic victories. They would much rather have the comfort of knowing that when they open their first paycheck on January of 2011, it won’t be smaller than it was before, all because Washington decided they preferred to have a fight and failed to act.

    Make no mistake: Allowing taxes to go up on all Americans would have raised taxes by $3,000 for a typical American family. And that could cost our economy well over a million jobs.

    At the same time, I’m not about to add $700 billion to our deficit by allowing a permanent extension of the tax cuts for the wealthiest Americans. And I won’t allow any extension of these tax cuts for the wealthy, even a temporary one, without also extending unemployment insurance for Americans who’ve lost their jobs or additional tax cuts for working families and small businesses -- because if Republicans truly believe we shouldn’t raise taxes on anyone while our economy is still recovering from the recession, then surely we shouldn’t cut taxes for wealthy people while letting them rise on parents and students and small businesses.

    As a result, we have arrived at a framework for a bipartisan agreement. For the next two years, every American family will keep their tax cuts -- not just the Bush tax cuts, but those that have been put in place over the last couple of years that are helping parents and students and other folks manage their bills.

    In exchange for a temporary extension of the tax cuts for the wealthiest Americans, we will be able to protect key tax cuts for working families -- the Earned Income Tax Credit that helps families climb out of poverty; the Child Tax Credit that makes sure families don’t see their taxes jump up to $1,000 for every child; and the American Opportunity Tax Credit that ensures over 8 million students and their families don’t suddenly see the cost of college shooting up.

    These are the tax cuts for some of the folks who’ve been hit hardest by this recession, and it would be simply unacceptable if their taxes went up while everybody else’s stayed the same.

    Now, under this agreement, unemployment insurance will also be extended for another 13 months, which will be welcome relief for 2 million Americans who are facing the prospect of having this lifeline yanked away from them right in the middle of the holiday season.

    This agreement would also mean a 2 percent employee payroll tax cut for workers next year -- a tax cut that economists across the political spectrum agree is one of the most powerful things we can do to create jobs and boost economic growth.

    And we will prevent -- we will provide incentives for businesses to invest and create jobs by allowing them to completely write off their investments next year. This is something identified back in September as a way to help American businesses create jobs. And thanks to this compromise, it’s finally going to get done.

    In exchange, the Republicans have asked for more generous treatment of the estate tax than I think is wise or warranted. But we have insisted that that will be temporary.

    I have no doubt that everyone will find something in this compromise that they don’t like. In fact, there are things in here that I don’t like -- namely the extension of the tax cuts for the wealthiest Americans and the wealthiest estates. But these tax cuts will expire in two years. And I’m confident that as we make tough choices about bringing our deficit down, as I engage in a conversation with the American people about the hard choices we’re going to have to make to secure our future and our children’s future and our grandchildren’s future, it will become apparent that we cannot afford to extend those tax cuts any longer.

    As for now, I believe this bipartisan plan is the right thing to do. It’s the right thing to do for jobs. It’s the right thing to do for the middle class. It is the right thing to do for business. And it’s the right thing to do for our economy. It offers us an opportunity that we need to seize.

    It’s not perfect, but this compromise is an essential step on the road to recovery. It will stop middle-class taxes from going up. It will spur our private sector to create millions of new jobs, and add momentum that our economy badly needs.

    Building on that momentum is what I’m focused on. It’s what members of Congress should be focused on. And I'm looking forward to working with members of both parties in the coming days to see to it that we get this done before everyone leaves town for the holiday season. We cannot allow this moment to pass.


    And let me just end with this. There’s been a lot of debate in Washington about how this would ultimately get resolved. I just want everybody to remember over the course of the coming days, both Democrats and Republicans, that these are not abstract fights for the families that are impacted. Two million people will lose their unemployment insurance at the end of this month if we don't get this resolved. Millions more of Americans will see their taxes go up at a time when they can least afford it. And my singular focus over the next year is going to be on how do we continue the momentum of the recovery, how do we make sure that we grow this economy and we create more jobs.

    We cannot play politics at a time when the American people are looking for us to solve problems. And so I look forward to engaging the House and the Senate, members of both parties, as well as the media, in this debate. But I am confident that this needs to get done, and I'm confident ultimately Congress is going to do the right thing.

    Thank you very much, everybody.
  • Boxes&BooksBoxes&Books USA Posts: 2,672
    Obama outlines tax cut deal that extends jobless aid


    Reporting from Washington —
    Over the objections of many in his own party, President Obama on Monday announced a deal with Republicans to extend the Bush-era tax cuts for all taxpayers, keep jobless benefits flowing for 13 months and continue a series of tax breaks for the middle class.

    The deal, which breaks a weeks-long standoff between Republicans and Democrats, also includes a GOP-backed proposal to revamp the estate tax and lower Social Security payroll taxes by 2 percentage points to put more money into workers' pockets.

    Obama made it clear that he disagreed with some aspects of the deal — in particular, the extension of tax cuts to the wealthiest earners, something he has vowed to fight since his election campaign two years ago.

    But Obama said that it was more important to settle the issue so that middle-class taxpayers did not incur a tax increase after Dec. 31, when the cuts are scheduled to expire.

    "I have no doubt that everyone will find something in this compromise that they don't like. In fact, there are things in here that I don't like," Obama said. "For now, I believe this bipartisan plan is the right thing to do."

    But many Democrats said Monday that they were deeply troubled by the compromise, which gives them some substantive concessions from the Republicans but goes against the Democrats' longstanding opposition to extending tax breaks for the wealthiest Americans.

    The dispute represents the clearest sign yet of the gaping divide between the White House and congressional Democrats as Obama strives for bipartisan accord to accommodate a Republican Party emboldened by last month's midterm elections.

    As a result of the unusual split, many Democratic lawmakers may vote against the deal, despite the president's blessings.

    Underscoring the division, liberal activists pelted the White House and congressional Democrats on Monday, tying up phone lines with a massive call-in campaign to oppose a deal that extends tax breaks on earnings beyond $250,000.

    The White House now faces the daunting task of winning congressional support for what administration officials billed as a bipartisan compromise.

    House Republicans signaled their agreement with the deal, and Sen. Mitch McConnell (R-Ky.), the Senate GOP leader, said Obama's outline marked an acknowledgement by the White House that "a new direction is needed if we are to revive the economy and help put millions of Americans back to work."

    Obama moved to quell the rebellion by congressional Democrats, summoning them to a White House session Monday to explain the "framework" of the proposal. Democrats left the afternoon meeting without signing on to the agreement.

    Despite additional tax breaks for middle-class households, "Democratic leaders are not completely comfortable with this," said one Democratic aide, speaking on the condition of anonymity to describe internal discussions.

    The White House is dispatching Vice President Joe Biden to meet with Senate Democrats on Tuesday.

    Senate Majority Leader Harry Reid (D-Nev.) issued only a terse statement after Obama unveiled the compromise.

    "Now that the president has outlined his proposal, Senator Reid plans on discussing it with his caucus," his spokesman said.

    Underscoring the partisan ambivalence, the president stood alone at the White House in making the announcement of the tentative agreement, which came after tense days of negotiations.

    Earlier Monday, Obama foreshadowed the likely deal in an appearance in Winston-Salem, N.C.

    "There are some serious debates that are still taking place," Obama said at a technical college. "We've got to make sure that we're coming up with a solution, even if it's not a hundred percent of what I want or what the Republicans want. There's no reason that ordinary Americans should see their taxes go up next year."


    Congress faces a Dec. 31 deadline to resolve the impasse over tax cuts passed during the George W. Bush administration. Without action, American taxpayers would see their income tax rates rise an average of 3% in January, an outcome neither party wants.

    Republicans last week blocked Democratic attempts in the Senate to extend tax breaks on earnings up to $250,000. A compromise was increasingly seen as a foregone conclusion, and the White House has been negotiating with Republicans who have held out for an extension of all tax cuts, despite the additional $68 billion annual cost of tax breaks for the wealthy.

    Extending unemployment insurance through 2011 would cost $56 billion. Without action, an estimated 2 million jobless Americans will see their benefits expire during the holidays.

    The White House had pressed to include an extension of the expiring "Making Work Pay" tax credit, given to 95% of taxpayers in 2009 and 2010 as part of the economic stimulus bill. The tax break provided up to $400 a year to working singles who made $75,000 or less, and up to $800 to couples earning $150,000 or less. Democrats argue that allowing it to expire would amount to a tax hike on middle-income Americans.

    Republicans have been cool to extending the tax credits, after having almost unanimously opposed the stimulus act 2009. The GOP wanted a lower estate tax.

    By Monday, the White House had dropped its insistence on the Making Work Pay tax break in favor of the 2% payroll tax holiday, which is expected to cost $120 billion.

    The White House also agreed to a Republican-led proposal on the estate tax, which would exempt estates valued at $5 million for singles and $10 million for couples from a 35% tax — a particularly difficult concession for Democrats who had pressed for a lower exemption and higher tax rate.

    Over the weekend, House Democrats told Biden that the administration may lose votes from congressional Democrats if any compromise is not paired with other middle-class enhancements.

    "Assuming House Democrats will sign off on a deal the White House cuts with [Republicans] is incorrect," said the Democratic aide.

    As Democrats convened at the White House on Monday, they were told this was the best deal they would be able to get in the face of Republican intransigence.

    Senate Democrats also have indicated displeasure with being forced to compromise on an issue many believe is a signature difference between Democrats and Republicans.

    "I'm just hoping that the president sticks to what he said in Iowa in the campaign … that he was drawing the line at $250,000," Sen. Tom Harkin (D-Iowa) said late last week. "The president ought to stick to what he said and stick to his guns."

    In the political calculations of the White House, Democrats will be able to more effectively campaign against tax breaks for the wealthy in 2012, when the president is up for reelection.

    "We expect this will be a central piece of the debate," a senior administration official said. "It's a debate that we had in 2008 and won, and it's a debate we think the American people should have."

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    http://www.latimes.com/news/nationworld ... ory?page=2
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