No More Mr. Nice Guy: Obama’s Torqued Off & Says “Era of Compromise” Is Over, Pass His Horrible $447 Billion Jobs Bill or Be Run Out of Town
Posted By Vicki McClure Davidson on October 7, 2011
No more Mr. Nice Guy...
This tweet sent by Sen. Jim DeMint says it perfectly… “The real question for everyone is: Are you better off than you were $4 trillion ago?”
Sen. Jim DeMint tweet: 'The real question for everyone is: Are you better off than you were $4 trillion ago?'
Pres. Obama demands Congress support his $447 billion jobs-killing bill or get ready to be run out of town — he says it’s adiós to his “era of compromise” with Republicans.
Huh?
Did we miss it? What “era of compromise”?
A combative President Barack Obama challenged a divided Congress on Thursday to unite behind his jobs bill or get ready to be run “out of town” by angry voters. Hoping to use public frustration and economic worry as leverage, he called his proposal an insurance plan against a painful return to recession.
In a news conference long on restatements of his ideas, Obama laid bare the dynamic that now is Washington: The era of compromise is over.
Frustrated over getting nowhere with Republicans, Obama demanded that they explain themselves to the country and promised to keep “hammering way until something gets done.”
Despite Obama’s taunts, Republicans showed no signs of switching positions. Instead, they pressed unsuccessfully for a symbolic vote later in the day so they could demonstrate their opposition to the bill the president submitted three weeks ago. They also predicted they would prevail next week when Democrats try to advance a reworked version, which Obama supports, with a tax on millionaires.
Ed Morrissey at Hot Air weighs in on Pres. Obama’s latest “pass my bill or else” speech this week:
Barack Obama went on national television yesterday to insist that his jobs bill would add up to economic growth. CNS News points out that the math itself doesn’t add up:
At a White House press conference on Thursday, President Barack Obama said the legislation he has proposed to create jobs could “grow the economy as much as 2 percent.” However, the White House estimates that the plan itself will cost $447 billion — or 2.97 percent of the 2011 GDP of $15.012 trillion that is currently projected by the federal Bureau of Economic Analysis. (See chart: GDP Chart from BEA.xls.)
Let’s spend 3% of our GDP in order to get 2% back! That sounds like Obamanomics, all right.
Similar observations at The Powers That Be… Obamanomics at its Finest:
In the land of Hope, Change, candy butterflies and butterscotch rainbows, this makes sense:
At a White House press conference on Thursday, President Barack Obama said the legislation he has proposed to create jobs could “grow the economy as much as 2 percent.” However, the White House estimates that the plan itself will cost $447 billion — or 2.97 percent of the 2011 GDP of $15.012 trillion that is currently projected by the federal Bureau of Economic Analysis.
Spend three percent of GDP to grow the economy two percent — brilliant! Here’s another way to look at it: Obama wants to spend a half trillion dollars to shrink the economy one percent, and probably more.
From Pundit & Pundette, No hope or change at Obama press conference:
I wasn’t able to catch Obama’s press conference today, but Michelle Malkin says I didn’t miss much:
Shorter Obama press conference:
Solyndra? Blame Bush.
Fast and Furious? Blame Bush.
Economic crisis? Blame Bush.
Stalled jobs bill? Blame Senate GOP *Minority* Leader Mitch McConnell.
From Gateway Pundit, Oh, Good Grief… Barack Obama: Americans Are Frustrated… With Banks:
Obama reverted back to his old community organizing tactics today during his so-called jobs speech. The president said Americans are frustrated… with the banks(?)
The Los Angeles Times reported:President Obama said Thursday that the Occupy Wall Street protests show a “broad-based frustration” among Americans about how the U.S. financial system works.
Speaking at an East Room news conference, Obama said he has monitored the movement, which has spread to dozens of cities nationwide.
“I think it expresses the frustrations the American people feel, that we had the biggest financial crisis since the Great Depression, huge collateral damage all throughout the country … and yet you’re still seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place,” he said.
Obama said he used “a lot of political capital” to prevent a financial meltdown and ensure banks remained solvent after he took office. He also touted the financial reform legislation he and Democrats in Congress moved through in 2010.
Obviously, Barack Obama was reverting back to his old community organizing days.
In his early years, Barack Obama, the community organizer, sued banks and lenders to ease lending practices.
While unemployment held at 9.1 percent, nearly half of the jobs gains rest on the fact that thousands of striking Verizon workers — about 45,000 — stopped striking and went back to work.
Latest poll on Obama’s chances for reelection — a nameless, faceless Republican would beat Captain Clueless if the elections were held now. Per Rasmussen, a generic Republican now holds a six-point advantage over President Obama in a hypothetical 2012 match-up for the week ending Sunday, October 2.
About the author
If the OWS protests are a “broad based frustration,” what does that make the tea party movement?
That’s correct, actually. But not in the way Obama thinks. Conservative Republicans are, in fact, the ones doing the “cracking down” (on big government policies) while Obama and the Democrats, the “same folks who acted irresponsibly,” are the ones fighting their efforts.
Seriously, does Obama live on Jupiter? I try not to resort to childish namecalling, but Obama is making it really hard because he’s just so unbelievably clueless.