Hold on Tight, It’s Going to be a Bumpy Four Years
Considering that Obama seems to have no idea what he’s doing.
President-elect Barack Obama is developing a plan to create or preserve 2.5 million jobs over the next two years by spending billions of dollars to rebuild roads and bridges, modernize public schools, and construct wind farms and other alternative sources of energy.
The plan, which Obama announced yesterday during the weekly Democratic radio address, is more expansive — and undoubtedly more expensive — than anything proposed so far to revive the nation’s deteriorating economy. Obama said the darkening economic outlook demands that Washington act “swiftly and boldly” to diminish the risk that the nation “could lose millions of jobs next year.”
Two paragraphs. Three different predictions about the future of jobs. First, we’re told that Obama’s plan is going to create 2.5 million jobs. Then we throw an “or preserve” in there, so maybe that means we won’t lose 2.5 million jobs that we… uh… would have lost if McCain were elected? I guess I’m not smart enough to understand exactly what that means.
But then, we’re told that the nation is in danger of losing millions of jobs next year, and that Obama’s plan is only going to diminish that risk! Holy cow!
Don’t worry, though – Obama’s going to save the universe by raising taxes on “the rich” like he promised. We all know that that is supposed to be a cure-all for our economic problems… somehow. As we all know, raising taxes is the best thing to do in a bad economy. Or, not:
President-elect Barack Obama may consider delaying a campaign promise – to roll back tax cuts on high-income Americans – as part of his economic recovery strategy, two aides said on Sunday.
David Axelrod, the Obama campaign strategist who was chosen to be a senior White House adviser, was asked if the tax cuts could be allowed to expire on schedule after tax year 2010 rather than being rolled back by legislation earlier. “Those considerations will be made,” he said on “Fox News Sunday.”
Seriously? We have people demanding that Bush step down NOW and allow Obama to take over because we need Barry’s economic magic ASAP… and now Obama’s people are saying that they might just hold off on those tax hikes for “the rich” after all?
So just to make sure it’s clear, in the first two years of Obama’s administration, we may see 2.5 million jobs created, or we may see zero jobs created, or we may see millions of jobs lost. And in the first year we’ll also see taxes go up for “the rich”… unless maybe taxes aren’t raised for “the rich”.
What the???? I sure hope somebody in this administration knows which way is up. Hillary Clinton, perhaps?