This means that as long as the US economy will have 2.5 millions workers it will be mission accomplish.

The veal-calf-in-chief may be the first US President ever to cause a monster capital flight to other more competitive jurisdictions.

I’ve got a list if anyone wants to get started early….

This is borderline “spread-the-wealth” Obama, but worse yet, it’s a totally illogical, apples v. oranges comparison. He’s comparing the ordinary income tax with capital gains taxes, which are two different animals.

Further evidence of his ignorance surfaced two weeks ago, when he declared that cutting the Cap Gains Tax wouldn’t help the economy, because he didn’t know of many people who had Capital Gains this year. Uh, Barack, that’s not the point….this is not a cut to get people to SPEND more money; it’s to entice people/institutions to INVEST more money. This kind of ignorance of basic economics and the financial sector is pretty depressing, especially in times like these.

To your point, the Geithner and Summers appointments are heartening, as both are pro-free trade, as well as strong dollar proponents. Hopefully, they can give this moron a crash course in basic Econ 101-102. Although as I listened to Gov.Romney this morning on CNN–discussing the auto industry– it drove home how great it would be to have a knowledgeable President AND strong advisors/cabinet members. Maybe in four years we’ll once again have both.

Lucky for America that he is appointing and nominating Summers and Gaithner. Otherwise, God help all Joe the Plumbers everywhere.

But the doctrine of “one president at a time” became inoperative five minutes later when it came to questions of SPENDING. Barack was enthusiastic in endorsing Nancy’s stimulus plan extending unemployment benefits and increasing food stamps….a traditional Democratic give-away stimulus.

Getting capital flowing to the markets again is the stimulus that is obviously critical right now. Wouldn’t it be great to save companies and the economy with private capital, instead of government infusions of capital? Cut the Capital Gains tax in half, to 7.5%. It won’t cost the Treasury anything, and if hisory is an accurate guage (Kennedy and Reagan cuts in Cap Gains), it will actually increase revenue and decrease the Federal defecit.

Charlie Gibson patiently tried to explain this dynamic to Obama during one of the primary debates….but he just had this befuddled look on his face as if he couldn’t grasp the concept. Maybe one of his new economic advisers will weigh in, and get behind proven pro-growth strategies–cutting tax rates–instead of the baby steps we traditionally get from Democrats.

Yeah, that’s what I thought.

So the 2.5 million is pretty much baking high taxes into the cake. Otherwise, it would be 5 million like one would expect.

As far as the so-called green-collar jobs, don’t make me laugh.

the average percentage increase in jobs created by the U.S. private sector year over year has been a bit more than 2.1 percent.

Did he say that those 2.5 million jobs created would be in the private sector?

and…

The Obama team has been getting an early start on lowering expectations, that’ll be their key to winning a second term:

• Set easy goals

• Act all excited when those goals are reached and issue lots of press releases

• Count on the MSM to go along with the plan and excitedly announce Obama Creates 2.5 MILLION Jobs!

I’m actually in complete agreement with you on this. We need to wrest control of our language back from the leftists and the idiots. Or am I being redundant?

One of the things about English that is (was?) so beautiful is its precision. Seriously. There is exactly the right word for everything. Unfortunately, when the meanings of the words become corrupted, it then becomes much more difficult to communicate complex ideas.

Couple that with the dumbed down public school curriculum that has completely abandoned any meaninful study of grammar and it won’t be long before meaningful communication will be difficult at best.

Downsizing the armed forces means increasing the number of unemployed. I have read that enlistments are up simply because it’s become so difficult for young people to find jobs.

5 million green collar jobs may be the biggest lie of all.