I didn't really get what was different between todays reaction to

[WCGreen]

the stock market by president Obama and the dozen or so other talks he had about the debt/budget/tax stuff.

At some point people are going to lose interest in what he has to say just like when president Bush would come on and yak about terror.

What was the purpose of his talk?

[RKP5637]

1. I had to talk several people here into listening, they just did not

care to listen to him, but at the end we pretty much looked at each other and shrugged shoulders.

[dbt]

2. Sound and (little) fury, signifying nothing.

Dammit, I tried with Obama. Gave him two years, but it's been nothing for the working people and everything for the corporations. Whenever I see him on TV now, I change the channel. Just like I did with bu$h.

[izquierdista]

4. Uh-oh, better bring in the pep squad

But the Supreme Court!
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:
Someone's got to appoint liberals!
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:
Lily Ledbetter!!
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:
There's not as many troops in Iraq!
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:
When you change the channel, it makes Malia cry!
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:
It gets better!
:bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce: :bounce:

[Tesha]

9. Until he learns to say, plainly and unambiguously...

..."This mess is the Republican's fault!", I simply can't
stomach listening to him any more.

He talks in platitudes and carefully measured phrases and
*NEVER* actually comes out and tells you who has fucked
and who is continuing to fuck us with every passing day.
It's like he's the Conciliator in Chief! He's not -- he's the
damned head of OUR PARTY and if he wants us to win
*ANYTHING* in 2012, he'd do well to remember that!

Barrack: Learn to say it: "The Republicans are wrong!"

Tesha

[jwhitesj]

3. My wife watched

I kept saying let me know if he talks about jobs, then I'll care. He never did. :(

[WCGreen]

5. He is losing the battle for the people...

The only thing positive I see about president Obama is that he is sane and the other side is crazy...

[jpak]

6. Yes he did

http://blogs.forbes.com/chrisbarth/2011/08/08/president-obama-downgrade-stems-from-lack-of-political-will/

<snip>

Obama also focused on the issue of jobs, which seems to be at the forefront of American minds. He implored Congress to extend the payroll tax cuts and ensure the access to unemployed citizens to unemployment insurance. If those measures are not enacted upon Congress’ return, he said, it “could mean 1 million fewer jobs and .5% less growth.”

<snip>

Some people actually watched this

yup

[jwhitesj]

7. I don't see how that helps create more jobs

Tax cuts arent going to get more people hired. How do payroll tax cuts create more jobs. Unemployment isn't jobs, that's taking care of people without jobs. These two things here are steps to stop the meltodown and are important, but they do not grow the economy. The government needs to be spending. Do you think the stock prices falling today have much to do with the credit downgrade? We need to invest in the conomy, everyone seems to get it except for the politicians inisde the walls of DC. Business's are emploring the government to spend money to help the recovery of America. People are emploring the government to spend more to create jobs. That's real job creation. Giving people money for unemployment is not the same as job creation.

[jpak]

8. yeah - some folks just don't get it

ugh

[WCGreen]

11. The theory is that people will spend that money and so will create

jobs. There is some truth to that, but what do we do when this turn of short term stimulus plays out...

[WCGreen]

10. The payroll tax cut is a dangerous slope to be tinkering with....

This is the foundation of Social Security and if it goes into the red, those who want to destroy SS will have reason to...

Think about it in real terms. For someone earning 25k a year, that amount to 9 extra dollars per week...

I know that money will be spent because it is just to small to save, but really, to put the system at risk in order to get 9 bucks in the hands of someone...

They should increase the Earned Income Tax Credit but then again, that just subsidizes corporations that pay their employees pennies, like Walmart.

But that was said before. He needs to do something bold that will capture the imagination of the people who voted for him so that he can then get on congress with some political clout.

Tinkering around the edges isn't going to change anything because it is TEMPORARY.

We need a balls to the wall infrastructure redo that will last for 25 years and percolate through the economy.

The ideas he has pushing are tiny and are not sustainable.

Beside that, are you really getting all excited about having a couple of extra bucks in your paycheck? Is that your definition of hope and change?

[CaliforniaPeggy]

12. I wish Obama listened to you...

This is excellent, solid thinking.

You should make this its own post...it is that good.

My two cents...