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Thoughts on President Obama's Job Summit? - 11/12/2009 8:27:08 PM   
MzMia


Posts: 5333
Joined: 7/30/2004
Status: offline 		I was glad to hear that President Obama will be holding a big job summit next month.
I think that is a wonderful way to end 2009.
I am wondering how the President plans to spur job growth without using any of the
remaining stimulus money.
Isn't that one of the reasons that we have the stimulus money?
I am eagerly awaiting coverage of the job summit.
Any thoughts from our resident "brains" on what to expect from the upcoming job summit?
Obama Plans Jobs Summit But Not Second Stimulus - Economy * US * News * Story - CNBC.com

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:30:05 PM   
TheHeretic


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quote:

ORIGINAL: MzMia
Any thoughts from our resident "brains" on what to expect from the upcoming job summit?




Press releases?  Talking points?  Maybe a new czar?

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:34:39 PM   
MzMia


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quote:

ORIGINAL: TheHeretic

quote:

ORIGINAL: MzMia
Any thoughts from our resident "brains" on what to expect from the upcoming job summit?




Press releases?  Talking points?  Maybe a new czar?


I am really hoping for some creative and innovative idea's to stimulate job growith.

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To Each His/Her Own
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What's your favorite fetish?
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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:43:52 PM   
TheHeretic


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From: California, USA
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quote:

ORIGINAL: MzMia


I am really hoping for some creative and innovative idea's to stimulate job growith.



Then you should have voted for the Republican

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:50:07 PM   
Sanity


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Maybe Obama will agree to a temporary cease fire in his war on business until the economy improves a little bit?

I don't really expect it, but I can hope.


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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:50:24 PM   
MzMia


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quote:

ORIGINAL: TheHeretic

quote:

ORIGINAL: MzMia


I am really hoping for some creative and innovative idea's to stimulate job growith.



Then you should have voted for the Republican


nooooooooo
Ronald Reagan is the Republican that helped get us in the mess we
are in now.

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Namaste'
To Each His/Her Own
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What's your favorite fetish?
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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:51:41 PM   
Sanity


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From: Nampa, Idaho USA
Status: offline 		There you go. If you're going to spread it, spread it thick...

quote:

ORIGINAL: MzMia

nooooooooo
Ronald Reagan is the Republican that helped get us in the mess we
are in now.


< Message edited by Sanity -- 11/12/2009 8:52:00 PM >

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 8:59:05 PM   
MzMia


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Status: offline 		I know you like it spreaded thick.


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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 9:04:36 PM   
InvisibleBlack


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quote:

ORIGINAL: Sanity
There you go. If you're going to spread it, spread it thick...

quote:

ORIGINAL: MzMia
nooooooooo
Ronald Reagan is the Republican that helped get us in the mess we
are in now.



While I don't believe that Ronald Reagan had much to do with our current financial problems, I don't think it's fair to say that if only John McCain had been elected things would have been different. McCain admitted that he "knew nothing about economics" (for which, actually, I salute him) but his official (and later unofficial) economic advisor during the campaign was Phil Gramm, who was the primary author of the Financial Services Modernization Act of 1999 - which laid a lot of the groundwork for the problems we have.

Of course, Barack Obama's economic advisor was Robert Rubin, who's probably equally to blame for creating the framework that led to the total fiscal meltdown of the market and his current economic team is mostly made up of Robert Rubin's proteges.

Part of what I find so appalling is that the last election pretty much offered no difference in fiscal or economic policy - which is pretty scary when you consider the huge difference in the backgrounds, views, beliefs and histories of the two candidates.

As regards the OP - unless the economic team working for the current administration changes drastically, I don't expect you're going to see any marked difference in policy at all. The response I've come to expect will be something along the lines of "the reason why things haven't recovered is not because we need to change our policies or our tactics, but because we didn't do them enough and if only we do the same things, only a LOT MORE SO, things will get better". I wouldn't hold my breath for any serious change in the near future.

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 9:12:44 PM   
MzMia


Posts: 5333
Joined: 7/30/2004
Status: offline 		I thought the point of this big job summit was too stimulate job growth.
I would think there must be some proposed changes, if not what would be the point
of having this job summit?

< Message edited by MzMia -- 11/12/2009 9:13:11 PM >

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What's your favorite fetish?
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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 9:31:26 PM   
TheHeretic


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From: California, USA
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quote:

ORIGINAL: MzMia
what would be the point of having this job summit?


See post #2

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 9:36:44 PM   
Marc2b


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Status: offline 		My thoughts on the job summit? It's useless political posturing. To stimulate job growth all we need do is cut taxes.

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 10:22:01 PM   
sappatoti


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From: the edge of darkness...
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quote:

ORIGINAL: MzMia
I am really hoping for some creative and innovative idea's to stimulate job growith.

After he ignored most of the ideas presented at his health care summit earlier this year, I don't hold much hope that he'll do much better with this employment summit.

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 10:34:05 PM   
DomKen


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From: Chicago, IL
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quote:

ORIGINAL: Marc2b

My thoughts on the job summit? It's useless political posturing. To stimulate job growth all we need do is cut taxes.

That's been very throroughly disproven. The Laffer curve has no connection to reality.

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RE: Thoughts on President Obama's Job Summit? - 11/12/2009 10:41:44 PM   
rulemylife


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quote:

ORIGINAL: sappatoti


After he ignored most of the ideas presented at his health care summit earlier this year, I don't hold much hope that he'll do much better with this employment summit.


What ideas were those?

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RE: Thoughts on President Obama's Job Summit? - 11/13/2009 4:09:38 AM   
luckydawg


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Joined: 9/2/2009
Status: offline 		Notice that not a single liberal offered a single idea to help stimulate job creation. There is a reason for that.



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RE: Thoughts on President Obama's Job Summit? - 11/13/2009 4:20:15 AM   
SpinnerofTales


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Joined: 5/30/2006
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quote:

Notice that not a single liberal offered a single idea to help stimulate job creation. There is a reason for that.
ORIGINAL: luckydawg




Notice that the only idea the conservatives have offered is one that has been proven not to work.

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RE: Thoughts on President Obama's Job Summit? - 11/13/2009 4:30:41 AM   
NeedToUseYou


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Joined: 12/24/2005
From: None of your business
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quote:

ORIGINAL: DomKen


quote:

ORIGINAL: Marc2b

My thoughts on the job summit? It's useless political posturing. To stimulate job growth all we need do is cut taxes.

That's been very throroughly disproven. The Laffer curve has no connection to reality.


Well, what theory is rooted in reality?

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RE: Thoughts on President Obama's Job Summit? - 11/13/2009 4:35:50 AM   
Marc2b


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quote:

That's been very throroughly disproven. The Laffer curve has no connection to reality.


When you cut people's taxes they have more money (what was their money to begin with). When people have more money they spend more money (sure, some of it is saved but saved money is spent eventually). When people spend more money the demand for products and services goes up. When the demand for products and services goes up jobs are created (existing businesses expand and new businesses are created) to meet the demand. Voila! More Jobs (and incidently, more taxpayers).

Straight forward logic and common sense which works everytime it's tried.



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RE: Thoughts on President Obama's Job Summit? - 11/13/2009 5:06:24 AM   
servantforuse


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Joined: 3/8/2006
Status: offline 		Labor unions and non-profit groups will be the main focus of this summit. Obama's agenda against business groups will continue and this job summit will be a waste of time. Unions do not create jobs.

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