GOP Job-Killing Agenda

Senate Republicans are pushing a job-killing agenda that includes opposition to tax cuts for small businesses, opposition to clean energy jobs, and protection for tax loopholes exploited by multinational corporations. More info and vote details at: http://democrats.senate.gov/gopjobkilling/

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• Senate
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• jobs
• economy
• workers
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[Jaimetud]

And in reality, no one knows how accurate these numbers really are. They think that by spending like crazy, their somehow saving money and saving jobs. If you want a good read on how to save the economy and save jobs, read Thomas Sowell's "Basic Economics."

[SenateDemocrats]

@Jaimetud Facts are facts. For details on the numbers, please see democrats.senate.gov/gopjobkil­ling/

[kernel319]

Republicans aren't the solution to the problem; Republicans ARE the problem.

[skyvilla]

Amazing how cold hearted the Republicans are. Hard to believe the Republicans are Americans.

[Jaimetud]

@chriswpieper I would also like to ask, where is the balance? If Congress is allowed to spend more but Fannie Mae is not, isn’t that just taking the same problem and moving it elsewhere? And again, I would Googling “FDR's policies prolonged Depression by 7 years, UCLA economists calculate” for more information on FDR’s policies.

[Jaimetud]

@chriswpieper Yes, I can see that. They are hopefully limiting, but the problem is mainly that they have that power. Say that they know what they’re doing and that they manage to make decisions good for the short term. Whoever comes in to replace them MAY NOT have the same philosophies and you’ve continued the vicious cycle of the effects of poor legislation. That’s why government should have less to do with business practices altogether.

[chriswpieper]

@Jaimetud These regulations aren't the same as the one's in the late nineties. These are designed to LIMIT loans. And yes, I do agree that WWII was ultimately the main thing that got us fully out of the depression, but the new deal did help us get halfway out, and it helped avoid deeper depression, if not help grow the economy. I believe that if he didn't take action, the outcome would be a lot worse.

[Jaimetud]

@chriswpieper And yes, I remember what happened with FDR. There was a four year study done at UCLA only a few years ago that showed that FDR’s spending policies prolonged the Great Depression for seven more years. By the end of the thirties, even members of his administration admitted that they were spending themselves too far into debt. Ultimately, the best decision that FDR made economically was going into World War II. THAT was what saved the economy.

[Jaimetud]

@chriswpieper I know the regulations are put into place with the best of intentions, but as I’ve said, the people who put these things into place don’t often know how economics works. In the late nineties, Fannie Mae was regulated to give out loans to any family who asked for one. That’s the part of the story they don’t talk about enough. So unless that Regulation gets removed, we’re still headed for more trouble.

[chriswpieper]

@Jaimetud The regulations help prevent future bank failures by restricting very risky investments. And the bailouts helped avoid an economic depression, so without them we could be a lot worse-off. As we can tell by the contrast between Hoover and Roosevelt, it's better to have a president who takes action instead of one who lets the economy recover on its own.

[Jaimetud]

@Jaimetud Now, the Republicans DO want to help. It’s just that this video only gives you half of the story. This is why I’m subscribed to this channel as well as the “EricCantor” and “RepublicanLeader” channels. Republicans have offered alternatives since the first stimulus bill was created and they’ve been working on bills that don’t cost nearly as much nor do they enforce government intrusions that harm businesses.

[Jaimetud]

@chriswpieper Thank you for being more reasonable, but I still don’t agree. The economy is recovering thanks to it’s normal fluctuation. What the Obama administration is doing is putting regulations into place, which inevitably get in the way profits and cause harm to the economy. This is behavior typical of career politicians. They go for what sounds best as opposed to what truly is best.

[chriswpieper]

@Jaimetud Okay, so the economy is starting to recover, jobs are being created, and consumers are starting to spend more. Seems to me like the Obama admin, is doing at least something right. But, as you can see in the video, their colleagues don't want to help. As for people that don't want to work, sure it's true, what I'm saying is that is such a small minority of people and they're not the ones keeping our economy from recovering.

[Jaimetud]

@chriswpieper You don't realize that there's a subculture of people in this country who simply don't want to work? I just got back from Louisiana. There's a large percentage of people down there who simply live off of welfare. You can find these same people in places like Chicago and on the streets of San Francisco. Heck, I know a guy whose wife tried to stop him from getting a job so that they could live off of food stamps. The people getting jobs back now are those like me who WANT them.