By John W. Lillpop
After wasting nearly three years and lord knows how many trillions of American treasure in a futile effort to purchase jobs with government money, President Obama has signaled that he is finally getting serious.
So serious, in fact, that the president will unveil a new “plan” to jar the economy out of the doldrums while simultaneously giving a boost to his dwindling reelection prospects.
As reported, in part, at the reference:
President Barack Obama said on Wednesday he will propose a plan in September to jump-start the U.S. economy as he struggles to convince skeptical voters that he has something new to offer.How clever of the president to keep Republicans and the nation guessing about the details of his job plan. Build up the suspense and then take a few hundred victory laps before anyone has time to analyze the plan in detail.
Obama, with his approval ratings falling, is set to propose short-term measures to boost hiring and call on a congressional panel to deliver more than the $1.5 trillion in savings its members seek by November 23, partly through increased tax revenue.
"When Congress gets back in September, my basic argument to them is this: we should not have to choose between getting our fiscal house in order and jobs and growth. We can't afford to do just one or the other, we've got to do both," Obama said at a town-hall style meeting in Illinois.
The White House offered scant details on what new initiatives Obama would offer to keep the economy from diving back into recession. Administration officials said the plan is still a work in progress.”
Then it will be time for a family vacation on Waikiki beach where the president can bask in the glory of public approval for two weeks, or more.
Another vacation, you ask?
Hell yes, for all that he has been forced to tolerate, Obama will richly deserve a nice long respite from John Boehner and Tea Party savages in Washington.
Besides, all that reading and drinking on Martha’s Vineyard would wear out any president, even one who does not smoke to excess.
Pundits are already speculating about what the president’s plan will contain.
My guess is that he will rely heavily on taxes, fees, levies, and all other means of picking the pockets of white Republicans, natural enemy to most average Americans at least in Obama’s biased eye.
The Obama Plan:
Tax the rich;
Tax big oil and coal to the point of bankruptcy;
Tax the rich;
Close tax loopholes, except those that favor labor unions, Hollywood, Planned Parenthood, and anything green, and
Tax anything and everything too small to fight back.
The big question: Will Obama’s brilliant, new plan work?
The answer: Think his trillion dollar stimulus fiasco. Did that work?
http://news.yahoo.com/obama-set-beyond-1-5-trillion-budget-cuts-130642669.html
