1.2 Million Jobs Promised, 0 Delivered

[Dos Equis]

 

[Kazan]

Translation = I dont konw how I would create jobs.

Translation = I dont konw how I would create jobs.

There's a good point.  however, wasn't lack of regulation the cause of companies eating each other up until they were 'too big to fail'?

Face it, there are people running firms who are smart enough to get rich screwing up things big time for everyone.  The oil speculators who cause all this shit last year, for example. Without any regulation, 1% of the investors will sink the economy in about 5 minutes.

Actually the legislation was in place for 76 years and worked just fine, The Glass-Steagall Act of 1933. Then some dumbass's in the government got the idea that hey we don't need that anymore ( and just for clarification it was republicans that introduced the bill to repeal, and a democratic President that signed it)

[SAMSON123]

Yes, I said 1.2 million, not the 600,000 reported: http://www.reuters.com/article/politicsNews/idUSTRE5572M020090608

WASHINGTON (Reuters) - President Barack Obama said on Monday he expected to create or save 600,000 jobs over the next 100 days by expediting 10 major projects funded by a huge stimulus package that Congress passed in February.

Uh huh.  This is what The White House says thus far:

The White House said the $787 billion Recovery and Reinvestment Act has helped save or create over 150,000 in the first 100 days since it was signed.

And what about the other 600,000?  That was from Bush's "stimulus" package, remember?

http://uk.reuters.com/article/telecomm/idUKWAT00920220080331

"We know they're going to be helpful," Paulson said on CNN television. "These checks should be a big part of adding 500,000 to 600,000 additional jobs this year."

That was March 31st, 2008.

How'd it work out?

The more I hear and see that BOZO OBAMA speak the angrier I get...I am all for the GUILLOTINE...as a matter of fact someone in america make sure the side of the guillotine are thoroughly greased...you don't want the blade to get stuck or decrease in speed in the slightest as it falls.. Make sure the rest of the administration is under the blade as well...