Los Angeles Times

President Obama's new stimulus will fail just like the old one

President Barack Obama's jobs bill, which would put us in the red another $450 billion, is doomed to fail just like his previous economic stimulus plans. They all failed and wasted billions of taxpayer dollars.

Congress needs to vote this one down. Mr. Obama's claim that this latest stimulus will be fully paid for is just another myth and lie. He wants to pay for this unworkable plan by overtaxing families earning $200,000 or more annually.

Americans should not fall for Mr. Obama's false claims and continued stimulus plans. We should say no to new tax hikes to pay for the president's failed economic and job creation policies.

Al Eisner, Silver Spring

Copyright © 2015, Los Angeles Times
Related Content
  • Unemployment is worse than Obama administration claims

    The Obama administration and the liberal news media continues to keeps up their line that the unemployment rate is between 8 percent 9 percent. Don't believe it, as nothing could be further from the truth. The real unemployment rate ranges close to 15 percent or 16 percent because of the Obama's...

  • Help for the unemployed?

    Help for the unemployed?

    Our view: Renewal of unemployment benefits, largely overlooked in Congress' debate over extending the payroll tax cut, comes with a hefty price

  • Timid Democrats and radical Republicans: A dangerous combination

    Your article, "New budget to renew battles" (Feb. 12) points out the stark and perhaps unprecedented separation between our two major political parties. Democrats continue to display timidity and confusion and are often too ready to compromise, but they have generally proposed balanced approaches...

  • Taxing stock gains would hit middle class, too

    Not just the 1 percent invest in stocks. The Democrats would have you believe that the middle class don't get any income from the stocks, so we should double the tax rate on income derived from the stock market. Where exactly do they expect the "middle class" to put their money? Saving to put kids...

  • Obama's plan to raise capital gains taxes will drive investment offshore

    In his State of the Union Address, President Obama barely touched on the country's soon-to-be $16 trillion national debt, massive joblessness, entitlement insolvency, economy-crippling government regulations and the other compelling issues ("Obama targets economy, taxes in address," Jan. 25).

  • What has 30 years of Reaganomics brought us?

    Thank you Dan Rodricks for your insightful commentary ("A man out of tune with the times," Jan. 23). It was a perfect review of Reaganomics 30 years later. A world of huge disparity, where those who became rich by living in this great country don't want to pay their fair share. Shame on them.

  • Creating an economy 'built to last'

    Creating an economy 'built to last'

    President calls for tax changes to bring jobs home, all-of-the-above energy strategy and a 'reemployment' system

  • A level playing field for jobs

    A level playing field for jobs

    Peter Morici says U.S. priorities for boosting employment should be fair trade policies, aggressive energy development

Comments
Loading
78°