Obama's Jobs Program Success

During his first State of the Union address President Obama highlighted the jobs created during his first year in office. And it is clear that the president's policies are putting Americans back to work--especially bankruptcy attorneys, repo men, and government workers.

Written and produced by Ted Balaker. Director of Photography: Alex Manning; Associate Producer: Paul Detrick.

Approximately 42 seconds.

Category:

News & Politics

Tags:

• reasontv
• reason magazine
• obama
• state of the union
• jobs
• reason.com
• reason.org
• reason foundation
• barack obama
• stimulus

[incas94]

i like how u all shitting on obama but lets see u do a better job so shut the fuck up -_-

[Fashionificationful]

3/3

The simple reason government spending fails to end recessions is that Congress does not have a vault of money waiting to be distributed. Every dollar Congress “injects” into the economy must first be taxed or borrowed out of the economy. No new income, and therefore no new demand, is created. They are merely redistributed from one group of people to another. Congress cannot create new purchasing power out of thin air.

[Fashionificationful]

2/3

This is no longer a theoretical exercise. The idea that increased deficit spending can cure recessions has been tested, and it has failed. If growing the economy were as simple as expanding government spending and deficits, then Italy, France, and Germany would be the global economic kings. And there would be no reason to stop at $787 billion: Congress could guarantee unlimited prosperity by endlessly borrowing and spending trillions of dollars.

[Fashionificationful]

1 /3

nrd.nationalreview com/article/?q=MTViNmZiZmQ4NmM­xM2Y5NmEzNWIwYWRmNmNhMWJlY2I=

$787 billion (actually $862 B) “stimulus” a flop. In a January report, White House economists predicted the bill would create (not merely save) 3.3 million jobs. Since then, 2.8 million jobs have been lost, pushing unemployment toward 10 percent.

[flamingNL]

@johnqpublic81

Don't know if you noticed.. but the american economy is build on one thing... War.

[TheCandaceH]

I saw the "Obamas Jobs Program a success" And had to see if this was a cruel joke! Or someone smoked too much crack. Either way, we all know that Obama is a traitor to this country, and not even a citizen. And the bastard has a job! WTF? We give all our jobs to everybody else, so I guess that's reasonable...

[TheCandaceH]

I saw the "Obamas Jobs Program a success" And had to see if this was a cruel joke! Or someone smoked too much crack. Either way, we all know that Obama is a traitor to this country, and not even a citizen. And the bastard has a job! WTF?

[molesteer]

@3dartistguy @3dartistguy The change Obama brought to the country that was foolish enough to elect this political rookie foreclosure,homelessness,unemp­loyment,hopelessness when Bush W was president we had jobs and homes. Obama could not keep a private business running profitable to save his ass.

[3dartistguy]

He promised to Focus like a Lazer on job creation, and instead, he spent more of the American people's money on a useless big government take over of the health care industry...unbelievable. This guy didn't bring change, he brought BULLSHIT to the White House.

[saper321]

My question is how can I get one of those government jobs??? I'm really good at doing absolutely nothing.