Page 3 - Stimulus Act News Today

Four years ago almost to the day when the president came in with a stimulus act. the recovery act. at a time of huge economic global crisis. it was the first time it was a real wake-up call for the president and senior aides because every other time of national crisis, and remember, this was an international crisis, the country had come together. republicans had come in. and what did he get for it? he got three republican votes in the entire congress. he wont get three now for this kind of plan....

Other. >> gretchen: it created 1.4 jobs. how can you be? >> if you look at stimulus act and job recovery numbers and you can go to the websites. we have 300 construction jobs and after that five permanent. it is 800,000 a job. >> brian: if you look at the debate and the only thing mitt romney called him out on is the green jobs. the stimulus jobs show lack of super vision and leadership. >> the real green jobs and if you call a bus driver a natural gas green job. there are so few real true hones...

And be patriots and put the country first, we can look at the american recovery and reinvestment act. 10% of the $780 billion spent generated 35% of all the jobs. >> what are the pillars of a second term? for president obama? >> well first of all there is no pillar of his second term. he is, you know i use the example in 2008 he was elvis 1957. 2012, hes looking more like elvis in 77. hes singing the old hits, doesnt believe it himself. he president didnt bring up the stimulus act. if it was su...

Into a great depression. ill tell you what, oh yes it did. under your guy, george bush, we lost 3.5 million jobs. >> hold on, hold on. wait a minute. >> ill go to joe. >> it would be -- [ people talking at the same time ] >> barack obama has produced more net private-sector jobs than george w. bush. if we want to go to the facts and be patriots and put the country first, we can look at the american recovery and reinvestment act. 10% of the $780 billion spent generated 35% of all the jobs. >> wha...

In your first term? is that a commitment you can make? >> ill balance the budget by the end of my second term. doing it in the first term would cause, i believe, a dramatic impact on the economy. too dramatic. and therefore the steps i put in place, and we put together a plan that lays out how we get to a balanced budget within eight to ten years. >> they havent put out that plan, but i do like that, a dramatic impact on the economy. i agree, governor, it would. whats interesting here, though, i...

The end of my second term. doing it in the first term would cause, i believe, a dramatic impact on the economy. too dramatic. and therefore the steps i put in place, and we put together a plan that lays out how we get to a balanced budget within eight to ten years. >> they havent put out that plan, but i do like that, a dramatic impact on the economy. i agree, governor, it would. whats interesting here, though, it would be one thing if romney were just a keynesian. republicans have a long histor...

>> will you balance the budget in your first term? is that a commitment you can make? >> ill balance the budget by the end of my second term. doing it in the first term would cause, i believe, a dramatic impact on the economy. too dramatic. and therefore the steps i put in place, and we put together a plan that lays out how we get to a balanced budget within eight to ten years. >> they havent put out that plan, but i do like that, a dramatic impact on the economy. i agree, governor, it would. wh...

Is that a commitment you can make? >> ill balance the budget by the end of my second term. doing it in the first term would cause, i believe, a dramatic impact on the economy. too dramatic. and therefore the steps i put in place, and we put together a plan that lays out how we get to a balanced budget within eight to ten years. >> they havent put out that plan, but i do like that, a dramatic impact on the economy. i agree, governor, it would. whats interesting here, though, it would be one thing...

They outsourcing a lot of jobs. >> eric: a lot of money they made here in america they paid no income tax. jeffrey emull is the presidents job czar. and interestingly in his teneurat general electric. 131,000 jobs here. and during his teneurhis work force here in the united states has shrunk. and you loan them money and getting 25 billion in the stimulus act and they paid it ln the income tax and pushed jobs over seas. and closed plants here and open the plants up over seas it goes on and on. an...

So now the total only 2.9 billion, which is less that was given during the carter administration and so were talk ing about head start. when were talking about aft afterschool programs, at the discretion of the cities as you see fit and when you cut that, it makes a serious impact, a ripple effect. >> and we saw it even in the stimulus act, which did go through the states rather than the cities, so things that cities really wanted like infrastructure investment was held up by far more conservati...