AFL-CIO President Richard Trumka does not live on this plain of existence. His plain of existence lies elsewhere, in a liberal Utopia that has been called ObamaLand - a place where spending money you don't have leads to economic prosperity and jobs growth to no end. Unfortunately, don't the same thing in the real world leads to increased unemployment and job losses. Even with the recession, Bush saw net positive job creating. Obama on the other hand has lost more than 4 million jobs, with more than 3 million lost since the stimulus boondoggle was signed into law. How does Trumka state with a straight face that Obama created any net jobs at all much less more than Bush? And that we have a surplus? Wha....????
Trumka's claim that the stimulus was too small because of Republican opposition, something Court Jester Joe Biden asserted before, is not true. Here's a piece of the original stimulus proposal:
That dive off the cliff isn't just a one-time thing though. Here's the projections for the next 10 years:
The above projections do not take into account either ObamaCare or cap-and-trade.This by the way does not absolve Bush for leaving a $400 billion deficit that I thought was unconscionable, but by comparison Bush looks like a fiscal conservative. Obama, in contrast, not only voted for the 2009 budget, but praised it afterwards. From NewsBusters:
Trumka is the same one that asserted a few months ago that there is no debt crisis. No really: Video of AFL-CIO President: "We Don't Have A Deficit Crisis"
This, by the way, is where Trumka lives:
Trumka's claim that the stimulus was too small because of Republican opposition, something Court Jester Joe Biden asserted before, is not true. Here's a piece of the original stimulus proposal:
A. Aggregate Jobs EffectsThe package was exactly what Obama wanted, and now Biden is making excuses for why it's not working, without explicitly coming out and saying it's not working. But pointing a finger at the GOP for for what he considers a shortcoming a year and half later pretty much says what we have been pointing out all along - the stimulus is a failure and a waste of money. Nothing is more damning than the actual results versus what Obama promised. We were told that the stimulus would create 3.5 million NEW jobs by this time, but almost 3 million have been lost instead. As Sen. Michael Bennet (D) said recently: Trillions in Debt, "NOTHING TO SHOW FOR IT". As for Obama's inheriting the deficit, I appear to need to remind everyone - again - that Obama 1) voted for as Senator or signed into law as President every single penny of the deficit he now says he inherited, and 2) the housing meltdown was due to policies that he helped put in place going all the way back to his community organizer days when he muscled banks to give loans to people that couldn't pay them back. For one, his own voting record:
Estimating the aggregate employment effects of the proposed American Recovery and Reinvestment Plan involves several steps. The first is to specify a prototypical package. We have assumed a package just slightly over the $775 billion currently under discussion. It includes a range of measures, all of which have been discussed publicly.
- Voted "yea" March 18, 2008 on the $3.1 trillion in fiscal outlays with a projected $400 billion budget deficit (only 2 Republicans voted "yea", and not one Republican in the House voted for it after the conference committee)
- Biden, Rahm Emmanuel and Hillary Clinton voted "yea" as well
- Voted "yea" October 1, 2008 for the $700 billion Troubled Assets Relief Program (TARP) along with Biden and Clinton
- Pushed through and signed into law the $787 billion stimulus bill boondoggle in February 2009
- Signed into law $410 billion of additional spending in the 2009 budget in March 2009
March 14 (2008)As I have mentioned before, Obama has done more deficit spending in just his first 421 days in office than Bush did in more than 4 years. The FY 2007 federal budget - the last one put together by Republicans - was $2.7 trillion. Since Pelosi and Reid took over the federal budget is at $3.8 trillion. The deficit is almost entirely comprised of new Democrat spending since 2007. And as bad as a $400 billion deficit sounds, it is absolutely puny compared to what has happened since Obama took office.
Obama Statement on the Senate's Passage of the FY 2009 Budget
Washington DC -- Sen. Obama today released a statement on the Senate's passage of the FY 2009 Federal Budget:
"In Illinois and throughout the country, Americans share common hopes and common struggles. They are worried about keeping their jobs and being able to pay record gas prices and stay ahead of their mortgages and credit card bills and still have enough left over to make ends meet. They want to know that they'll have health care when they get sick - not just for themselves, but for their children and elderly parents. They want to know that a quality education and a college degree are within reach for all Americans. They want to retire with security and dignity. And they want to know that our government is doing everything it can to keep our nation safe and secure.
"The budget passed by the Senate tonight makes significant progress in getting our nation's priorities back on track. After years of the Bush tax cuts for the wealthiest Americans, this year's budget helps restore fiscal responsibility in Washington, and provides tax relief for the middle class and low-income families who need help most. It includes an expansion in the Child Tax Credit that I have fought for and makes marriage penalty relief permanent. And it rejects the President's drastic cuts in important domestic programs.
"We need change in this country, and this budget is an important step in helping bring it about. I commend Chairman Conrad for his extraordinary leadership in moving this resolution forward and moving America's fiscal policies in the right direction."
Trumka is the same one that asserted a few months ago that there is no debt crisis. No really: Video of AFL-CIO President: "We Don't Have A Deficit Crisis"
This, by the way, is where Trumka lives:
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