Really Needs A "JOLT" Right Now
Blog author's comments - The only jolt much of America is willing to give President Obama will be his firing next year. Another “jolt” gimmick is exactly what the country does not need. A calm return to business-friendly policies is required, but Barack Obama will not go there.
In 2011 - the Jobs Bill needs to pass to give the economy a "jolt." In 2009 - the Stimulus Bill had to pass to give the economy a "jolt." The 'Stimulus' bill did nothing to help the economy. The 'Jobs Bill' is another worthless piece of legislation which Obama is using to try to gain a second term as President.
So far, everything Boehner and the Republicans in the house do, immediately gets shot down in the Senate. The GOP must retain control of the House and regain control of the Senate with the 2012 election.
The Senate is supposed to take up Obama's jobs bill next week after adding to the bill a tax increase on million-dollar earners. Obama said he will support this. How will this create jobs? With more taxes on the million dollar earners - Obama and the Democrats are declaring war on the job creators.
U.S. unemployment is currently at 9.1 percent and is expected to stay as high as 9 percent into the 2012 presidential electoral year. Recent U.S. history shows that no president has been re-elected at such a high level of unemployment. I hope this "history" will continue with the 2012 presidential election.
HT: Townhall
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