vrijdag 9 september 2011

Video: A super simple solution to create hundreds of thousands of jobs

posted at 7:40 pm on September 8, 2011 by Tina Korbe

The president continues to repeat his non-solution solutions, so I’ll continue to repeat this actual solution. Earlier this summer, I wrote about an IHS-CERA study that showed picking up the pace of Gulf Oil permitting could result in 230,000 jobs. Predictably, the administration’s response to the study was not to take its recommendations to heart — but, rather, to criticize the study itself. Bromwich can nitpick the study’s methodology, but it doesn’t change the facts: The BOEMRE has allowed applications to pile up at an inexcusable rate, given the industry’s compliance with new regulations and the nation’s dire need for jobs. Allow this video from the Offshore Marine Service Association to drive that point home:

Read more at Hot Air

AP fact check skewers Porkulus II: Economic Boogaloo speech

posted at 8:45 am on September 9, 2011 by Ed Morrissey

In Barack Obama’s speech to the joint session of Congress, the President emphasized that his new jobs plan had four specific qualities that made it easy to pass this bill immediately, as Obama chanted repeatedly during his speech. His plan would be fully funded, it would not add to the deficit, it would create jobs immediately, and it was chock-full of bipartisan ideas. The Associated Press fact-checked these claims, and found them all false.

Paid for?  No:
Obama did not spell out exactly how he would pay for the measures contained in his nearly $450 billion American Jobs Act but said he would send his proposed specifics in a week to the new congressional supercommittee charged with finding budget savings. White House aides suggested that new deficit spending in the near term to try to promote job creation would be paid for in the future – the “out years,” in legislative jargon – but they did not specify what would be cut or what revenues they would use.
Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due.

Read more at HotAir