By Craig Andresen on October 24, 2012 at 6:12 am
With 14 days to go until election day, Obama has finally unveiled his NEW and IMPROVED plan for the next 4 years.
The empty chair and opened an empty binder.
It’s time for a new economic patriotism, rooted in the belief that growing our economy begins with a strong, thriving middle class. Over the past 31 months, American businesses have created 5.2 million jobs. Independent economists project that our economy will create an additional 12 million jobs in the next four years. The President believes we must do even more to grow our economy and strengthen the middle class. The goal of his jobs plan is to strengthen middle-class security by making smart investments in education and training, growing small businesses, promoting technology and innovation, and reducing the deficit.
Good grief…THAT is the opening salvo in the Emperor’s “new” “A Plan for Jobs & Middle Class Security.”
The 23 page glossy pamphlet goes on to talk about hiring 100 thousand new teachers and building roads and bridges…Raising taxes on the wealthy and using “war savings” to cut the deficit.
1. President Obama’s plan reduces the deficit by more than $4 trillion over the next decade, including $1 trillion in spending cuts he signed into law last summer, and cutting $2.50 in spending for every $1 in additional revenue from the wealthiest families and closing corporate loopholes.
2. The plan makes sure millionaires aren’t paying lower tax rates than many middle-class families.
3. President Obama would commit half of the money saved from responsibly ending wars in Iraq and Afghanistan to reducing the deficit and the other half to putting Americans back to work rebuilding roads, bridges, runways, and schools here in the United States.
Welcome to the new plan…Same as the old plan.
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