Joe refers to the new NY Times poll that shows folks are more worried about reducing the deficit (52%) vs stimulating the economy (41%) and that it’s going to hamper barry’s efforts to pass his healthcare reform. Cramer agrees that healthcare means raising taxes, which isn’t going to help the economy and then says what a lot of folks are thinking.
thinkprogress
JOE: Don’t you think that this puts the Obama administration behind the eight ball on health care?”
KRAMER: …when Americans hear health care reform, it just means tax increases….Until we get the economy moving again, I think everybody wishes that Obama would just kind of go away for a little bit.
Lower income families: personal exemption icreased from $2K - 6K
Individual income tax: 3 - 4.5% Corporate Income tax: 4.8 - 7.2%
Expected to generate $3.1B
Money would be kept by the state
4-yr driver's license: $10 - $20 Basic license plate: $70 - $99 Land of barry temporary license plates $60
Increase vehicle title fee for infrastructure and job development:
"Illinois Jobs Now!" $26 billion public works program that he said would create 340,000 jobs over several years.
$18.6 billion in transportation projects, including road repair and mass transit, and 10 percent of the new income-tax revenue would pay for school construction and unspecified "economic development" projects.
To help pay for indigent medical care:
Cigarette tax $0.98 - $1.38 $1.38 - $1.98 following year
Liquor? Firearms and ammunition?
Increase funding by $174 to schools
Refinancing state debt -> save as much as $500M during fiscal year ending June 30, 2010.
Here’s straightforward video evidence of proobamedia bias. Compare the media’s treatment of McCain with barry. That one statement by McCain sewed up barry’s victory. It was the final thing they could sezie on. Well, not final. There was the false “unsubstatiated” allegation of “Kill Him!” made by a reporter who works for a barry endorsed newspaper. It never happened. Straight from barry’s Secret Service.
Check out the the stock market visuals 9-15 and 3-15. Note the precipitous drop right after he was nominated.
August 20th MCCAIN: Economy fundamentally strong.
Conservative Talk Radio host Laura Ingraham discusses the economy with Sen. John McCain.
RMPOWE
Transcription courtesy of thinkprogress’ RYAN POWERS
INGRAHAM: And now look: the dollar’s weak, we have serious competition from abroad, government is running a deficit.… What are the Republicans going to do if China ultimately overtakes us economically and does that matter?
MCCAIN:I still believe the fundamentals of our economy are strong. We’ve got terribly big challenges now, whether it be housing or employment or so many of the other — health care. It’s very, very tough times. It’s very tough. But we’re still the most innovative, the most productive, the greatest exporter, the greatest importer.
September 15th MCCAIN: Fundamentally strong.
McCain’s famous last words blown out of proportion. barry won the economy debate because of the economy - not because he had any plans.
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TPM
Our economy, I think, still, the fundamentals of our economy are sound - but theses are very, very difficult times.
September 29th BARRY: Fundamentally strong.
Obama on the stump in Colorado discussing the economy.
After this immediate problem, we’ve got the long-term fundamentals that will really make sure this economy grows.
A whole lot of changes in between - still no clear plan.
March 8th PETER ORSZAG: Fundamentally weak.
White House Office of Management and Budget director, Peter Orszag made appearances on Face the Nation and CNN’s State of the Union.
Well, I think fundamentally, the economy is weak. Job losses began in January of 2008. The stock market started declining October 2007. This has been, you know, eight years in the making, and again, it’s going to take some time to work our way out of it.
March 14th BARRY: Fundamentally sound
[See MTP video below]
BARRY: If we are keeping focused on all the fundamentally sound aspects of our economy, all the outstanding companies, workers, all the innovation and dynamism in this economy, then we’re going to get through this.
March 15th DR CHRISTINA ROMER: Fundamentally sound.
White House Chief Economist, Dr Christina Romer was on Meet the Press with David Gregory. It’s nice to see a face with honesty and competenece. Geithner looks vacuous.
aretheyreallystrong
GREGORY: Are the fundamentals of this economy sound?
DR. ROMER: Well,of course the fundamentals are sound in the sense that the American workers are sound, we have a good capital stock, we have good technology. We know that, that temporarily we’re in a mess, right? We’ve seen huge job loss, we’ve seen very large falls in GDP. So certainly in the short run we’re in a, in a bad situation.
