"The White House says President Barack Obama's proposed Jobs Act could create 141,500 jobs in Texas.
The breakdown released Friday says the American Jobs Act would support 64,100 construction jobs, 39,500 teaching and first responder positions and provide job training for 37,900 people.
The president unveiled the plan Thursday night. It would also cut the payroll tax for 390,000 Texas companies and spend $8 billion on projects and workers within the state.
Obama said the costs would be covered by deficit reduction legislation that would be announced later.
The proposal met with immediate disdain from Gov. Rick Perry, who is also running for president. Perry said Obama's proposal "offers little hope for millions of Americans who have lost jobs." Perry said the answer was to cut spending, not spend more."
Does it bother anyone else but me that politicians who have control over our tax dollars can't seem to line up the funds they have (or don't have) with their proposed spending plans? They always present some convoluted figure from the Congressional Budget Office (CBO) that is derived from a nebulous formula based on projected savings (that never happen), double reporting of income, and a waive of the magic government wand to explain how this is not going to put us further into the crapper. "...deficit reduction legislation that would be announced later." I would like to know in detail what happened to the billions already spent (line by line) in the previous efforts to spur the economy. Why won't our elected representatives get this information and shout it everyday from the highest mountains?
I don't care what the government does in force feeding funds into a dead horse's mouth, the horse is not going to get up and run. Get off that stinking carcass and mount up on a live one. How would you like to get one of those made up jobs financed for a year? After the funds are gone, so are the jobs. The so called boost lasts no longer than the funds. Oh, and in case you forgot, we don't have the funds to spend in the first place. Why is this so hard to understand? The government cannot create jobs that are self sustaining. Only private business can create the kinds of jobs that will spur and sustain our economy.
Essential Liberty"Little by little, inch by inch, drop by drop, governments both in America and in Europe began taking more and more from people, diminishing the incentive of those on both sides of the transaction -- the taker and the giver. In America, nearly half of wage earners pay not one single dime in federal income taxes. Many of them trudge down to the local polling place or vote via absentee ballot -- and vote themselves a raise. The Founding Fathers conceived a brilliant document to restrain the federal government and allow maximum freedom for the people to make their own way. It leaves people the power to make their own decisions and to deal with the consequences. Almost before the ink dried, Congress tried to circumvent the Constitution. James Madison, the fourth U.S. president and the 'Father of the Constitution,' warned against using the document -- especially the 'general welfare' clause -- to dispense money, no matter how well-intended or deserved: 'With respect to the words general welfare, I have always regarded them as qualified by the detail of powers (enumerated in the Constitution) connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators.' ... As governments take more away from their producing citizens and give it to their nonproducers, growth stagnates and opportunities dry up." --columnist Larry Elder
Essential Liberty"Our Founders warned us that all republics have eventually fallen into tyranny -- the only difference being the relative timeline of each republic's descent. ... From the summer of 1787 when our Framers deliberated over their magnificent Constitution, we have recognized that the clear statement and equal application of the Law is among the most critical duties of any government. If we allow ourselves to lose this, we may as well be back in ancient Rome, subject to the whim of every petty tyrant in the taxing bureau or the zoning board. For it doesn't matter whether the regulator's foot is shod in a jack boot or a Roman sandal; if he can hold you down with that boot upon your neck, then we are no longer in the America that our Founding Fathers intended for us." --columnist John F. Di Leo
"Enlightened statesmen will not always be at the helm." --James Madison