FOX All Star Panel: Debate on Pres. Obama’s Outline of Newest Economic Policies & Jobs Bill (video)
Posted By Vicki McClure Davidson on September 1, 2010
A special report by the FOX News All Star panel, comprised of Fred Barnes (Weekly Standard), Mara Liasson (National Public Radio), and syndicated columnist Charles Krauthammer and spearheaded by Bret Baier, in the video below. Topic of discussion was an evaluation of Pres. Obama’s new economics policies and new jobs bill. The clock’s ticking for the Democrats and POTUS to launch something “bold” to “fix” the utter mess this administration has made of the American economy.
Krauthammer managed to work in the word “narcissism” in describing Obama’s consistent reluctance to ever change his mind or to compromise with Republicans and to always-always take a defensive stance with anyone who disagrees with him. Like the majority of Americans.
“Narcissism.” Touché and spot on, Charles.
President Thin Skin couldn’t even win over Maine’s RINO Sen. Olympia Snowe this time around. Olympia dared to join other Republicans for a change… bad sign, Mr. President.
FOX All Star Panel: Obama Outlines Economic Policies & Jobs Bill… Too Little, Too Late?
I’d almost forgotten about key economic advisor Christina Romer, but here she is again, before quitting Obama’s economic team for good and dashing off to California.
Run, Chrissie, run!
From The Hill, Obama adviser calls for tax cuts, spending ahead of resignation:
Christina Romer, in her final speech as chairwoman of the Council of Economic Advisers, called on Wednesday for new tax cuts and government spending to boost the economy.
Romer defended the Obama administration’s 2009 stimulus bill, initially estimated at $787 billion and later revised to $814 billion, as contributing to a “dramatic” turnaround in the economy from the depths of the crisis. The stimulus, she said, “made the difference between a second Great Depression and a slow but genuine recovery.”
But Romer urged congressional lawmakers to find the “will and the wisdom” to approve additional tax cuts and spending measures to help an economy that is witnessing flagging growth rates and near double-digit unemployment.
“The only surefire ways for policymakers to substantially increase aggregate demand in the short run are for the government to spend more and tax less,” Romer said. “The key is that we need to take action and we need to do it quickly.”
Romer mentioned additional tax cuts for the middle class, spending on infrastructure and a pending bill to boost small-business lending. She also supported additional efforts to promote exports and finalize new trade agreements. Romer defended the administration’s regulatory approach as “prudent” for the economy.
Revised 2nd quarter GDP, 2010 - Commerce Department
Federal budget surplus/deficit chart... Obama broke all presidential records when he and Pelosi tripled the national deficit last year by nearly a trillion dollars
Additional:
Michelle Malkin: Obama jobs death toll: private sector jobs, growth forecasts down
American Thinker: Summer of No Recovery
Frugal Café Blog Zone: Biden Declares America Is “Moving in Right Direction” As Home Sales Hit “Unexpected” Low & Stock Market Drops (video) and Ten-Day POTUS Vacation: The Obamas Have Arrived on Poshy Martha’s Vineyard for Another Family Vacation and Unemployment Bad, More Jobs Shed… More Backlash on Michelle Obama’s Lavish Vacation — Public Beach Closed for Her by Police, Ingraham’s Parody of FLOTUS Vacation Diary and Yes, She’s Our “Uptown Girl”… Michelle Obama’s Ridiculously Lavish Vacation in Spain (video) and “Fire Pelosi” Campaign & Signs Scaring Democrats… Their Propaganda Email This Week Tries to Paint Nancy As America’s Sweetheart or Something and CA Budget Woes: Arnold “The Governator” Schwarzenegger Wants to Issue IOUs Again for California’s Bills and Federal Deficit Grows Like a Pot-bellied Pig, Government Spending in July Hit $160.04 Billion and More Bleak “Hopenchange”… Record-Breaking: More Than 780,000 Families in Illinois Receiving Food Stamps and Obama & Reid, Two of a Kind: Responsible for Nevada’s Broken, Decimated Economy, Highest Rate of Home Foreclosures in Nation, Angle Slams Reid (video) and Bad News: Police Layoffs of Up to 30 Percent for East St. Louis… Blame It on Obama’s Terrible Economy and More Bad News for Dems: 75% of Americans Say Free Market Principles Better Than Government Manipulation & Interference… Obama’s Approval Index Drops to -19 and Rasmussen’s Prez Approval Index for Obama… Déjà Vu at Dismal Minus 17, Unemployment Improves Only Because Americans Have Lost Hope, Stopped Looking for Work and “Duh” Files: Obama’s Approval Drops Like a Metamorphic Rock in Arizona… Disapproval of POTUS Worsening on Economy, Illegal Immigration, Job Markets
Gateway Pundit: Democrats Force Last US Light Bulb Plant to Close Shop and Obama-Pelosi Economic Plan Resulted in Record 7.5 Million Jobs Deficit and Unreal. Obama Explains New Job Losses Mean “Economy Is Moving in Positive Direction” (Video) and Obama’s Disastrous Jobs Record Makes George W. Bush Look Godlike and GOP Candidate Joe Miller on Obama: “He’s One of the Major Forces Moving This Country Towards Socialism” and Russ Feingold (D-WI) Claims There Was “Systematic Effort to Destroy Obama” and This War Is Lost… 8 Years of Iraq War Cost Less Than Obama-Pelosi Failed Stimulus and Jobless Claims Rise “Unexpectedly” to Highest Level in 9 Months and Migrants Massacred In Northern Mexico – Where’s the UN Human Rights Council? and Thanks Barack… Record 1 of 6 Americans Receive Government Aid and Bombshell… Colorada Dem Michael Bennet Admits: “We Have a $13 Trillion Debt & Nothing to Show For It” and GOP Leader Boehner Calls For Obama’s Economic Team to Resign and Joe Biden Admits: “Voter’s Anger & Frustration Understandable Given High Unemployment & Sluggish Economy” and Beautiful!… Dem’s First Ad Asks Voters to Choose Between Bush’s Pro-Business Policies or Current Ruin and It’s Time to Admit It: Obamanomics Are a Complete Disaster and US TAXPAYERS ARE FUNDING MOSQUE CONSTRUCTION and Democrats: Say, Let’s Exempt Rich People in Blue States From Tax Hike! and Recovery Slumber: Consumers Stop Consuming and Obama July Deficit of $167 Billion Tops Bush Deficit For Entire Year of 2007: and As Michelle Returns From Spanish Extravaganza Obama Cuts Food Stamps to Nation’s Poor and IT’S OFFICIAL: Barack Obama Is Worst Jobs President Since Great Depression
Diary of a Mad Conservative: Newsweek and Bill Maher: America the Ignorant and Stupid
Nice Deb: David Limbaugh Calls Obama, “The Most Destructive President In American History”, In Bestseller, “Crimes Against Liberty”
Say Anything: 95.5% Of Payroll Growth Is Census Hiring
Big Government: Government Created 10x More Jobs than Private Sector in May
Camp of the Saints: The Moral-Traitor-In-Chief
Flopping Aces: Will Republicans Have The Stones To Put Uncle Sam in the Unemployment Line? [Reader Post]
Blue Crab Boulevard: “Recovery Summer” Churns On
Bob McCarty, Big Government: One Battle Ends, Another Begins for Nail Salon Owner
Missouri Political News Service: WSJ Notes Another Stimulus Promise Broken; ABC: ‘Summer Of Recovery’ Simply ‘Hasn’t Materialized”
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