Who Would Win Under Obama's Jobs Plan

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We must keep the Republicans "happy"? Extending unemployment payroll benefit does not make jobs. It feeds and pays bills. How long can it last?
The rich corporations need to let go of all that money they are holding on to. They need to become Americans again, and quit being so greedy. Open up the jobs again. Let President Obama do his job, and quit fighting him.

maryellen strinni of TX 12:56AM September 11, 2011

I hate to be a skeptic, but these "jobs programs" have cost an enormous amount of money per job. In the private sector, if the average company spent that amount per job, we'd be out of business. I had high hopes for Obama, I'm a fellow Chicagoan, but when he took Arne Duncan and Valerie Jarrett with him, I knew this was going to be a disappointment. Duncan is all talk and no action. He left the Chicago schools in a shambles. And Jarrett's plans are so radical, I knew they would be shot down. Her attitude is defiant, rather than cooperative. She performs with a visible giant chip on her shoulder. That is a formula for failure every time.

Lauren of IL 7:13AM September 10, 2011

It all sound good but I see a problem with everything let's look at B of A they will lay off 30 to 40 thousand employees as they said they would do and when the job bill passes, they will hire them back for the tax breaks another form of the bail out maybe some exclusion are needed. and we need to look at cost if it cost $ 200,000.00 for each $40,000.00 Job created something is wrong, Maybe it should state Until you reach your employment level as of Sept, 1st, 2011 you are not entitled to any of the job benefits bill, That will stop anymore lay-off right now, and nothing was mention of a living wage for the area that jobs are created in, The entire Jobs bills should be for small and medium size business not the Mega Corporation and Mega Bank or any that in anyway received any tarp funds, We need to say to the To big to Fail every legal means will be used to break you up some so you can fail without harm to the ecomony

Scott Simik of TX 11:06PM September 09, 2011

How do taxpayers win? Even if 1.9 million jobs are created (who actually believes their estimates?), then this proposal costs over $230,000 per job!
Why don't you taxpayers give me your money instead? I'll create $40,000/year teacher jobs for the low-low price of only $200,000 each.

tim of NY 4:35PM September 09, 2011

Another point mentioned last night by Obama was ending oil company 'subsidies' as one means of paying for programs. A question for those of you more informed than I: a couple of the more well-know so-called subsidies are (1) IRS Section 199 deduction [a tax deduction currently going to all domestic manufacturing], and (2) foreign tax credits.
My question is - are these being proposed to be removed for just the oil industry (a targeted tax hike), or for ALL U.S. companies (i.e. removed for GM, Ford, Caterpillar, GE, Apple, etc)?

OFT of TX 11:45AM September 09, 2011

To be sure, spending money we don't have makes as much sense now as it did when FDR was president.
It makes as much sense as having the intake valves open during the compression stroke of an internal combustion engine. Yet, doing so makes more power since the running speed of the air better fills and scavenges the cylinders.
Could something like this be true of our economy? Anybody in the trenches would tell you that money has dried up. And just like a machine grinds to a halt without oil, our economy seems to be heading in that direction. But to provide the needed lubricant with borrowed funds seems asinine to any budget minded person, even though it might make sense to those who ponder the running dynamics of large economies.
Convincing the rest of us of this won't be easy. Nor can we hookup a dynamometer to our economy, as we can to an engine, to see if having all of its valves open at the end of the power stroke indeed makes more power.
So we continue to argue, and argue, and argue -- for ever proving that doing something takes us minutes, while twiddling our thumbs takes us hours.

kafantaris of OH 11:16AM September 09, 2011