Townhall – By Guy Benson
President Obama’s address to Congress was exactly what we thought it would be: a shallow, callow campaign rally masquerading as something serious and important. As Charles Krauthammer framed it on Fox, tonight’s address represented the first presidential campaign speech delivered in the House of Representatives in US history. Obama tried to strike an urgent tone, repeatedly instructing Congress to pass his plan “right away.”
These appeals for immediate action started before he even described a single idea. When those descriptions finally arrived, they were more of the same. Targeted tax credits for businesses and individuals (not all of which are bad ideas, but that economists agree won’t make much of a dent). Infrastructure spending on highways, bridges, and schools. Bailouts to states to help save government jobs. Mortgage bailouts. Job training programs. Unspecific regulatory reform. Not all of these proposal are necessarily bad, but not one of them is new.
It was the 2009 Recovery Act all over again, except with a smaller (but still gargantuan) price tag — and without any acknowledgement of the previous stimulus and its abject failures. As Body Snatcher Obama tends to do, the president spoke tonight as if this was his very first jobs plan. Relevant, inconvenient context (think “shovel ready jobs”) was nowhere to be found. Indeed, if this were such an obvious, “not controversial” set of ideas, why didn’t Democrats pass them easily when they controlled every elected lever of power in Washington for two full years?
The tone and tenor of the address, which was sprinkled with superficial appeals to bipartisanship, was highly political and practically unhelpful. Strawmen were introduced and torched at record pace. Lost in the shuffle, the cost of this grand scheme somehow jumped from $300 Billion on Tuesday to nearly $450 Billion today.
Those are estimates, of course, because there is no tangible legislation yet. Which means it can’t be passed “right away,” nor can it be scored by the CBO. As we’ve learned many times in recent months, the CBO cannot score a speech. But not to worry, America. Everything is paid for!
Enough of the class warfare Obama. Top 1% of wage earners earn 20% of the income, pay 38% of the income tax… Top 10% of wage earners earn 50% of the income pay 70% of the income tax.
“So really we need to get our facts straight and get beyond sort of this blame-the-rich game. This class war-fare, this class envy. We need to remember that this is America; where the American dream is open to all. You, Mr. President, are a product of the American Dream.
You should be proud of those who gain wealth. You should be proud of those who make a profit. We should extol the successes of American businesses, of American individuals. That would help us to move forward.” – Senator Paul
Houston Cron – By Emily Holden
Rick Perry quickly condemned President Barack Obama’s $447 billion plan to create jobs and rehabilitate the US economy, criticizing his proposal to spend more while America faces mounting debt.
“President Obama’s call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity,” Perry said in a written statement Thursday night. “America needs jobs, smaller government, less spending and a president with the courage to offer more than yet another speech.”
Speaking before a joint session of Congress, Obama proposed a five-part package that would cut taxes for small businesses, expand payroll tax cuts for workers, extend unemployment benefits for the jobless and spend $100 billion on transportation projects.
Obama said the American Jobs Act “will not add to the deficit,” and asked members of Congress to increase the $1.5 trillion in savings they are charged with finding by Christmas to cover the full cost of his new plan.
“Like the president’s earlier $800 billion stimulus program, this proposal offers little hope for millions of Americans who have lost jobs on his watch, and taxpayers who are rightly concerned that their children will inherit a mountain of debt,” Perry said.