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Obama’s Stimulus Will Cause ‘Lower Wages’ for American Workers
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Fred Lucas
CNSNews
February 18, 2009
The huge economic stimulus package that President Obama signed into law Tuesday will result in “lower wages” for American workers, according to the Congressional Budget Office (CBO).
- A d v e r t i s e m e n t
The CBO analysis, dated Feb. 11 and sent to Sen. Judd Gregg (R-N.H.), says the $787-billion plan will increase employment in the short-term, but will run up deficit spending which will “crowd out” private investment in the economy in the long-term.
The analysis concludes that the stimulus will put downward pressure on Gross Domestic Product (GDP) and wages after 2014. (The Gross Domestic Product is the total value of all goods and services produced in the United States in one year.)
Rep. Paul Ryan (R-Wis.), the ranking Republican on the House Budget Committee, said the CBO analysis underestimates the long-term economic consequences.
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February 18th, 2009 at 2:41 pm
REPENT.UNITE.RESIST.
cb Reply:
February 18th, 2009 at 7:05 pm
Tom Morello sings those words. Amen brother
masterkyiron Reply:
February 19th, 2009 at 4:05 am
http://www.healthfreedom.org dr laibow needs you to sign! farmers under attack from monsanto,in 2 weeks obamas criminals to pass bill!
February 18th, 2009 at 2:49 pm
Runaway inflation will also hurt those on fixed incomes the most. The FED and their cronies are bastards.
February 18th, 2009 at 2:55 pm
Obama’s “stimulus” package only has 60% of the funding for projects they intend to implement, meaning all the so-called “infrastructure improvements” and financial infusion tools are DESIGNED TO FAIL, leaving the taxpayers deep in further debt to complete them, even IF these “stimulus’ funds were to be used properly. We must rise up and take back the economy with HR 2755 ending the Fed!
Write your stare senators and state reps and get your state out of economic and federal tyranny. Join us Feb. 23rd for the second END THE FED rally at you local Fraudulent Reserve Board Bank. We are facing immense national depression if we don’t rise up as Citizens now!
February 18th, 2009 at 4:01 pm
Govt’s do what they wish, want, and desire. They know, in the higher echelon, that there is no God. Hence all the crime, greed, and calamity brought to us “lil folk.”
Just think about that for a second. I’m not trying to stir the roost or start a flame war. But think about it. The Bible is not real prophetic, it is a real good screenplay.
Bible is fake Reply:
February 18th, 2009 at 4:10 pm
http://skepticsannotatedbible.com/abs/long.htm
(Critical commentary of bible, Genesis thru Revelation)
zeebob Reply:
February 18th, 2009 at 6:25 pm
I tell people all the time that the bible is the NWO playbook.
LetFreedomReign Reply:
February 18th, 2009 at 10:34 pm
I think it has been purposely manipulated to accomadate the political and financial powers of the time. I watched a vid I found on Google Video The Ring of Power. It is very long but explains why we have never found archaelogical evidence of Abraham/Sara, Jacob… why HRM Elizabeth II is crowned on the stone of Jacob… etc. It is fascinating. It tracks the timeline of the Bible and asks why they only mention once in Old Testament who the reigning pharoah was at the time of these gospels. It uses the OT and NT timeline and finds parallels b/w archaelogical evidence of certain Egyptian pharaohs having similar sounding names and almost identical stories of their lives compared to NT and OT accounts of biblical characters by examining what they wrote about these pharoahs.(Egyptians were rabid historians and wrote everything down). It is a long vid, but well worth it.
garbagemann12345 Reply:
February 19th, 2009 at 1:03 pm
Is that why they are set on eradicating it?
*DOES NOT COMPUTE*
*DOES NOT COMPUTE*
garbagemann12345 Reply:
February 19th, 2009 at 1:00 pm
The NWO conspiracy theory is completely in line with a Christian worldview. Without it, it has no basis.
I guess the secular net needs their conspiracy theories too though, right? Lemme guess, Jesuits run the world?
LOL.
February 18th, 2009 at 5:18 pm
More lower wages especially hidden in the so called stimyus package is no funding for E VERIFY so everyone who was hiring illegals yippie ya’all back in business, now Paco tells you ,Jes i cans feex dat truck ,shop owner hires paco for 8 bux an hour fires the real Mechanis he was paying 18 bux an hour ,still charges 95.00 an hour labor and doesn’t care if paco has to due the job three times to get it right he still pocketed money,this was happening daily in arizona ,E verify took most of that away ,so what is that telling you? NORTH AMERICAN UNION is on the way
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“keep your weapons oiled and your powder dry”
Call me Da' Prez Reply:
February 18th, 2009 at 7:00 pm
Whatchyoutalkin’bout foo’?!? Just foolin’, man! Of co’se dis bill gonna’ let even mo’ illegals in! Da’ NWO all ’bout da’ brown skinned “everyman”. You cracka’s is finished! You sucka’s were led ta’ believe dat race don’t matta’. Sucka’s! Dis cuntry gonna’ be mos’ly brown in a few sho’t years and guess who dese people gonna’ blame all dey problems on? Das right, you cracka’s! Kiss yo’ white ass goodbye!
jpoon Reply:
February 19th, 2009 at 11:43 am
oh please, give me a break…
dicktrickle Reply:
February 18th, 2009 at 9:31 pm
Absolutly correct AZ patriot!! Look at those discusting mexicans in their little 3rd world hell-hole. They are absolute slaves to the dictators who control the drugs. They allow this to happen. Mexican citizens allow drug cartels, dirty politicians, gangs to take their rights away. They don’t have the stuff that’s neede to be citizens of our country. They get to come here because they refuse to stand up for themselves and earn a good wage. They work for much less than we do only to send it back to mexico.. funding the drug lords even more. Our own high ranking officials get so many kick backs fromt the wet backs! The wealthy get cheap labor. I lived in Tucosn for a short while and was disgusted at what I saw there. The civil war is WW3.. and it’s coming very soon to a boarder town near you.
Suz Reply:
February 19th, 2009 at 12:23 pm
and buy food.. I received my eFoodsDirect Freedom storable supply on Tuesday. Definately worth it
February 18th, 2009 at 5:36 pm
I’ve been unemployed for almost nine months. I applied online at a Wal*Mart McDonalds for a crew postion that was posted on a WorkForce site (you know…the site that unemployment uses to supposedly help you to find a job). I received an email from Wal*Mart saying they received my application and to come in and sign it. When I went to Micky D’s the employees said they were’nt hiring. I know they were’nt lying and we were all confused. I was making $15 an hour at places like Capital One and Citigroup and have no qualms over making barely $7 an hour. I just want a damn job. I’ll hit the labor pools if I have to. It’s never been like this in my 36 years of working.
jin Reply:
February 18th, 2009 at 9:36 pm
I went to a labor pool and sat there for a while with the rest.. the place smelled like dried beer puke and stale cigs. I actually went there with my resume.. haha.. thought maybe? Anyway.. in the end I was just begging for a job to be a able to clean hotels or anything. I have a large van that could provide transportation for others.. I was turned down and never heard from them. I too was making $15. hr as a secretary. I’ve only been unemployed for 4 months.
February 18th, 2009 at 5:57 pm
Tax Revolt…Barter system.
February 18th, 2009 at 6:47 pm
most everything Alex Jones is saying and reporting on is true! I can believe that! Obama is a fake! He represents the offshore bankers! The problem is, for the truth movement, is Alex Jones and Ron Paul as well! Do you realize, that if we ever go back to a gold standard and back the treasury with gold and silver it would be looted in almost a matter of minutes? There is not enough gold and sliver or rubies and gems to go around! This is a big part of the other scam! The John Birch Society Council On Foreign Realtions Front Jesuit Nazi Co-Adjutor CIA Operation Mockingbird Bait and Switch Program, to bring you the next Ronald Reagan! Now! We’ve got worse than Jimmy Carter! So here we go again! So before you ban my post take a listen if you can! Print the paper! End The Fed! Nationalize The bank instead of having a private Fed and print the paper with no allegiances to Bohemian Grove, Skull and Bones, God of Horus or any of them! PRINT THE PAPER AND PUMP IT OUT TO EVERYBODY! If I was President, I would literally get a leaf blower machine and go out on parades and pump the paper out to everybody! Give EVERYBODY all the paper they want! Then! People could have their own livlihoods back and do extradinary fantastic accomplishments and produce things unlike the world has ever seen! In the 1930’s and 50’s, it was projected we would be like The Jetsons by the 1980’s! Not happening because of The New World Order! We could be like or similar to that of Star Trek! Not happening because business as usual and worse! The radio is controlled and we are being controlled! Like Dr. McCoy said on Star Trek: ‘What is this! The Damned Mid Evil Ages?’ So we need an Agent Provacateur to tell us what is going on? Wake up America! You damned right I’m a protectionist! Not The Pat Buchannon kind! Capt Kirk: “In my century we don’t use money!” “It’s no longer about the accuisition of wealth! Capt. Jean Luc Picard Where we going to get the truth? Radio posing as our saviors? The problem also, we don’t even know right from wrong anymore!
[Reply]
February 19th, 2009 at 12:28 am
First the repukes gave billions to their bankster buddies, now the demonrats are paying off their fellow travelers. What about the regular people? This keeps up and gov’t is gonna find out the hard way about the power of raw numbers.
February 19th, 2009 at 2:34 am
Ron Paul should be president. But why Ron Paul always FAIL!!
February 19th, 2009 at 3:06 am
God Dammit….If I ever can’t make enough dough to by my cool-ade….I’m gonna fuckin’ snap!!!!!
February 19th, 2009 at 5:41 am
Every Tom, Dick, and harry wants a bailout now!
Who the hell could have forseen this?
A nation of thieves!
So much for the worthless church speaking out against this stealing!
February 19th, 2009 at 11:32 am
How can an ILLEGAL ALIEN make law for US,because we let them lets get ready to go get them!!!!!!
February 19th, 2009 at 1:41 pm
Real wages will continue to decline until the masses can no longer reproduce. Elites are keen on this one.
February 19th, 2009 at 1:52 pm
Obama’s Stimulus Will Cause ‘Lower Wages’ for American Workers
That is for the few who will still have a job. Mine went to Mexico two years ago!
March 14th, 2009 at 7:17 am
I have to say, I can not agree with you in 100%, but that’s just my IMHO, which could be very wrong.
p.s. You have a very good template for your blog. Where have you got it from?
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