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OpEdNews Op Eds    H3'ed 9/22/11

Obama-Style Deficit Reduction

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Rhetoric aside, he's got more of the same in mind now.

Times editors love it, saying only that "this plan was far too late in coming. But the public is listening now, and has demanded shared sacrifice. The burden is now on Mr. Obama to sell his plan, and on Congress to buy it."

Fact check

He and Congress will indeed agree on a destructive austerity plan harming working Americans most to assure elitist interests know he's the gift that keeps on giving.

It showed in his September 8 stimulus plan. It includes a laundry list of handouts instead of measures to create jobs, generate growth, reinvigorate Main Street, strengthen America's middle class, and help growing millions of impoverished, disadvantaged households most in need.

No matter how it's directed, $447 billion proposed won't create jobs. It's more of the same too little, too late for nation in serious trouble in the context of a sinking global economy.

In February 2009, when Obama proposed $787 in economic stimulus, unemployment was about 25 million. Two and a half years later, it's the same. How then can half a loaf do now what double it earlier couldn't. It won't nor is that its intention.

In fact, it's more a reelection than jobs plan if voters are foolish enough to buy it. Hopefully they'll understand how it harms them.

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