Posts tagged ‘spendulous’
The world will not end or anything, but we will have a decision tonight. The Senate is voting today at 5:30 pm EST on the Stimulus Bill – the pet name I am most fond of at the moment is the Generational Theft Act.
Looking at Rasmussen polling, The latest national telephone survey (as of 2/4) found that 37% favor the legislation, 43% are opposed, and 20% are not sure. Support has fallen in the last two weeks. Even among the Democrats. As of 2/9 62% of U.S. voters want the plan to include more tax cuts and less government spending. Going to the other extreme, 72% of voters oppose a stimulus plan that includes only new government spending without any tax cuts. The president has said that inaction on the rescue plan will lead to catastrophe. Voters are evenly divided on that point: 44% agree with him and 41% do not. 12% of voters say Congress is doing a good or excellent job, and 54% rate their performance as poor in a Rasmussen Reports survey released last week.
This alternative plan outlined here makes much more sense.
It has one (single, lonely, effective) plank. IMMEDIATELY CUT ALL PERSONAL AND CORPORATE INCOME TAXES IN HALF FOR ALL TWELVE MONTHS OF 2009.
No new government offices. No frisbee parks. No swimming pools.
The “lost revenue” to the government would amount to about $800 billion, equal to what congress is recommending. However, that lost revenue would remain with you, the person who earned it. So we got to thinking:
How would cutting our withholding in half effect our daily lives?
Thus, the TCOT CHALLENGE was born.
Below we’d like you to tell us what an extra 200, 300, 400 or more dollars a week would change in your world. What would you purchase? Where would you go? How would you invest it? If the government says that spending money drives this economy, what better way to reverse a down turn that pumping and immediate $60 billion into the economy every month. Hey, you earned it, why shouldn’t you decide how it should be spent. We want to know specifically, how would PORKULUS (the current stimulus plan) benefit you personally in 2009? And would TCOT Plan or PORKULUS benefit you more?
Here is an example of how one family would use their hard earned cash: http://michaelpatrickleahy.blogspot.com/2009/02/how-one-member-of-tcot-would-use-tax.html
After you let us know what you think–be sure to let us know what state you’re from–go to this link http://moveovermoveon.posterous.com/media-links and send this website to the media outlets everywhere, but especially Maine and Pennsylvania. Blog about it, tweet about it or link it on your Face Book. Help the north east main street media let their senators, Collins, Snowe, & Specter, know that we are very unhappy that they have chosen to compromise our future. It is, after all, “for the children.”
These three are the Republicans planning on voting for the bill. Please call them and let them know that you are against the bill. Sample scripts are available here if you need ideas on what to say.
Collins, Susan M. (R-ME)
DC Phone: (202) 224-2523 Fax: (202) 224-2693
ZIP CODES: 04101, 04102, 04105
So maybe it was really the Democrat Retreat but it was a big love fest for Obama and even Pelosi. Man, she has him really into her. But I digress. So Obama took his first trip on Air Force One to go speak at the Democrats Annual retreat. His speech was a massive cheerleading, campaign style speech touting the benefits and need for the bill affectionately know by many as Porkulous or Spendulous. One of his key points being that the American people want this. This seems to be just a diversion from actual facts as seen in polls mentioned below:
The latest survey shows that only 37% of Americans favor the current bill. Two weeks ago, the support was at 45% and last week it was at 42%. That’s an eight point drop in just two weeks. The most interesting numbers are among the “independent” voters, who oppose the bill by a full 50% and favor it by only 27%. Furthermore, overall opposition to the bill has gone from 34% two weeks ago to 43% today – an increase of nine percent. For the first time, more Americans oppose the Democrats’ pork-laden vote-buying bill than favor it. – Obama stated in his speech that there is a lack of earmarks in the bill, well that is only partly the case. The WHOLE bill seems to be one giant earmark being more of a Christmas wish list for the Democrats.
The Rasmussen poll also showed that more Americans favor a tax cut-only bill than favor what the Democrats have proposed. Such a bill enjoys a 45% approval to a disapproval of only 34%. Among “independents”, those numbers are 46% approval and 35% disapproval. Only Democrats still overwhelmingly approve of the Democrats’ attempt to load us and our children up with a trillion dollars’ worth of debt.
Supporting tax cuts is massive. Fifty-seven percent believe that tax cuts help the economy while only 17% believe they hurt. About the same number of people (56%) believe that they pay more than their fair share of taxes.
Here is a link to current stimulus information and is constantly updated.
The text of Obama’s campaign style speech is below, in case you don’t feel inclined to watch the video. Not all the youtube videos included the praise and adoration of Pelosi and her cronies at the beginning either. I would also point out that when it came time to move onto the question and answer sessions – cameras were turned off. Transparent? No. Curious? Yes.
It’s great to be here with so many friends. I’m glad to see the House Democratic Caucus is getting by just fine without my Chief of Staff. I want to thank John Larson for inviting me here tonight. This is John’s first conference as Chairman of the Democratic Caucus, so we’re both new at this.
I want to acknowledge the great Speaker of the House, Nancy Pelosi, who has proven to be an extraordinary leader for the American people. I want to thank Nancy, Steny Hoyer, Jim Clyburn and the entire caucus for your hard work in passing an economic recovery plan that is so desperately needed for our country.
You acted with a discipline that matches the urgency and gravity of the crisis we face. Because you know what’s at stake. Every weekend you go home to your districts and you see factories that are closing and small businesses shutting their doors. You hear from families losing their homes; students that can’t pay tuition; seniors who worry about whether they can retire with dignity, or see their kids and grandkids lead the better life that must be America’s promise.
So you went to work, and you did your job. For that, you have my appreciation and admiration. As we meet here tonight, we know there is more work to be done. The Senate is still acting. And after it has its final vote, we will still need to resolve differences between the House and Senate bills. I urge you to complete that work without delay.
Look, I value the constructive criticism and healthy debate that is a foundation of American democracy. I don’t think any of us have cornered the market on wisdom, or that good ideas are the province of any party. The American people know that our challenges are great. They’re not expecting Democratic solutions or Republican solutions – they want American solutions. And I have said that to those who have criticized the plan.
But what I have also said is – don’t come to table with the same tired arguments and worn ideas that helped create this crisis.
We’re not going to get relief by turning back to the very same policies that in eight short years doubled the national debt and threw our economy into a tailspin. We can’t embrace the losing formula that offers more tax cuts as the only answer to every problem we face, while ignoring critical challenges like our addiction to foreign oil, the soaring cost of health care, failing schools and crumbling bridges, roads and levees. I don’t care whether you’re driving a hybrid or an SUV – if you’re headed for a cliff, you have to change direction.
The American people are watching. They did not send us here to get bogged down with the same old delay and distractions. They did not vote for the false theories of the past. They did not vote for the status quo – they sent us here to bring change, and we owe it to them to act. This is the moment for leadership that matches the great test of our time.
If we do not move swiftly to sign the American Recovery and Reinvestment Act into law, an economy that is in crisis will be faced with catastrophe. Millions more Americans will lose their jobs. Home will be lost. Families will go without health care. Our crippling dependence on foreign oil will continue. That is the price of inaction.
This isn’t some abstract debate. Last week, we learned that many of America’s largest corporations are planning to layoff tens off tens of thousands of workers. Today, we learned that last week, the number of new unemployment claims jumped to 626,000. And tomorrow, we’re expecting another dismal jobs report on top of the 2.6 million jobs we lost last year.
For you, those aren’t statistics. They are constituents you know and families that you care about. Now, I believe that legislation of such magnitude deserves the scrutiny that it’s received, and you will get another chance to vote for this bill in the days to come. But I urge all of us to not make the perfect the enemy of the absolutely necessary. The scale and scope of this plan is right.
So just as past generations of Americans have done in trying times, we can and must turn this moment of challenge into one of opportunity. The plan that you’ve passed has at its core a simple idea: let’s put Americans to work doing the work that America needs done.
This plan will save or create over three million jobs – almost all of them in the private sector.
This plan will put people to work rebuilding our crumbling roads and bridges; our dangerously deficient dams and levees.
This plan will put people to work modernizing our health care system, not only saving us billions of dollars, but countless lives.
This plan will put people to work renovating more than 10,000 schools, giving millions of children the chance to learn in 21st century classrooms, libraries, and labs – and to all the scientists in the room today, you know what that means for America’s future.
This plan will provide sensible tax relief for the struggling middle-class, unemployment insurance and continued health care coverage for those who’ve lost their jobs, and it will help prevent our states and local communities from laying off firefighters, teachers, and police.
Finally, this plan will begin to end the tyranny of oil in our time. It doubles our capacity to generate alternative sources of energy like wind, solar, and biofuels in three years. It saves taxpayers billions of dollars by making federal buildings more energy efficient, and it saves the average working family hundreds on their energy bills. After decades of empty rhetoric, that is the down payment that we need on energy independence.
You know, there’s a lot about running for President that is difficult – I don’t miss sleeping in a different bed every night, or not seeing my kids as much as I’d like. But the best thing about being a candidate is that you get to see the country, and you get to know the character of the American people.
Over the last two years, I visited almost all fifty states. I’ve been in so many of your districts. I’ve passed through towns and cities, farms and factories. I know that people are hurting. I’ve heard their stories, and I’ve sensed their deep frustration. But I also know that these struggles have not diminished the strength and decency of the American people.
We hold within our hands the capacity to do great things on their behalf. It starts with this economic recovery plan. And soon, we will take on big issues like addressing the foreclosure issue, passing a budget, tackling our fiscal problems, fixing financial regulation and securing our country. We must not approach these challenges as Democrats – we must overcome them as Americans. That is why we must work in a serious, substantive, and civil way to build bipartisan support for action.
I promise you that my door is open, and my Administration will consult closely with you – the peoples’ representatives – as we take on pressing priorities like energy and health care; education and infrastructure.
Already, you have made a difference. I’m pleased that in my very first days in office, I signed the Lilly Ledbetter Fair Pay Act, to make sure that all of our daughters have the same opportunity as our sons. I signed the Children’s Health Insurance Program to provide coverage to 11 million children, and to make a down payment on comprehensive health care reform. I know it wasn’t easy – it was a long time coming, and I appreciate your hard work over several years on behalf of America’s children.
Tonight, I am confident that if we continue to work together, we can fulfill the promise of health care that is affordable for all Americans. We can create that new energy economy. We can provide a world-class education for our kids. We can unleash the talent, and innovation of the American people to compete in the 21st century. We can do all of that.
Now, we have a choice to make. Future generations will look back, and they will ask what we did when we confronted this crisis. What will they say?
Will they say that – once again – we failed to make the tough choices that lead to progress? Or will they say that this was the time that we came together, that we found our stake in one another as Americans, and that we voted for bold and aggressive action?
Together, we hold in our hands enormous responsibility. We also have an enormous opportunity.
We can write that next great chapter in American history. If we stay focused on the big picture; if we never forget the people who we are fighting for; if we represent the strength and dignity of the American people, then I know we can answer’s history’s call and renew America’s promise.