|
Obama killing the economy and stock market? Huh? (pg. 6)
|
View this Thread in Original format
| delobbo |
| I know we don't have years to figure it out. But, just not like, overnight? give it maybe, a few days? a week? |
|
|
| Clovis |
| quote: | Originally posted by LatinLover
Obama is burying the country and yet the far left fails to acknowledge the catastrophic actions of their messiah. He has shown he is nothing more just like any other far left politician in Washington. As Rush said" if he plans to implement a far left agenda, I hope he fails" |
Well look who it is. :stongue: :stongue: |
|
|
| delobbo |
| quote: | Originally posted by Clovis
They are extremely short on specifics. I don't know how anyone can have a reasonable opinion on what the stimuls bill entails without reading at least the detailed summary offered by congress.
I've read the first half and skimmed through the rest and have been following an excellent blog by Steve Coll on the stimulus:
http://www.newyorker.com/online/blogs/stevecoll/?xrail
I don't really know how you can say one of the biggest investments in this country in years is not "visionary".
This isn't 800 billion going out the door just to keep banks from failing. We're actually going to see a ton of benefits from this. |
I hope you will be able to say "told ya so" in my direction. |
|
|
| Clovis |
| quote: | Originally posted by delobbo
I hope you will be able to say "told ya so" in my direction. |
I don't know for sure, but what I do know after reading much of the bill is that there is a lot of fantastic funding in it and many construction projects that can start right away. |
|
|
| delobbo |
| quote: | Originally posted by Clovis
I don't know for sure, but what I do know after reading much of the bill is that there is a lot of fantastic funding in it and many construction projects that can start right away. |
jobs like this?
http://www.usatoday.com/money/econo...rant-jobs_N.htm
| quote: | LOS ANGELES — Tens of thousands of jobs created by the economic stimulus law could end up filled by illegal immigrants, particularly in big states such as California where undocumented workers are heavily represented in construction, experts on both sides of the issue say.
Studies by two conservative think tanks estimate immigrants in the United States illegally could take 300,000 construction jobs, or 15% of the 2 million jobs that new taxpayer-financed projects are predicted to create.
They fault Congress for failing to require that employers certify legal immigration status of workers before hiring by using a Department of Homeland Security program called E-Verify. The program allows employers to check the validity of Social Security numbers provided by new hires. It is available to employers on a voluntary basis.
"They could have deterred this, but they chose not to," said Steven Camarota, director of research for the Center for Immigration Studies.
He said a federal requirement that employers use E-Verify would have reduced, if not eliminated, the hiring of immigrants in this country illegally.
An advocacy group for immigrants, illegal and legal, did not disagree with the 300,000 estimate. Camarota says the estimate is based on data from the U.S. Census Bureau's Current Population Survey and other independent findings that 15% of all construction workers in the USA are either illegal immigrants or lack the status of legal immigrant authorized to work.
But Jorge-Mario Cabrera, director of education for the Coalition for Humane Immigrant Rights of Los Angeles, said it is impossible to predict with certainty because it is unknown how many jobless immigrant construction workers may leave the U.S., frustrated by the economic recession, before the new spending produces jobs.
He questioned the Center for Immigration Studies' motives.
"Those are fear tactics. … 'The immigrants are here to take your job,' " Cabrera said. "I think that we really should be focusing on economic progress for all."
The center is a Washington policy organization that, its website says, "seeks fewer immigrants but a warmer welcome for those admitted." Cabrera says his group believes unauthorized immigrants working in this country contribute to the economy.
A similar hiring estimate was produced in a report in February by the Heritage Foundation, a conservative think tank. Senior research fellow Robert Rector wrote, "Without specific mechanisms to ensure that workers are U.S. citizens or legal immigrants authorized to work, it is likely that 15% of these workers, or 300,000, would be illegal immigrants."
The version of the stimulus bill passed by the House of Representatives included a provision requiring employers to check immigration status with the E-Verify system before hiring. The Senate did not include such a provision, and it was not in the version sent to President Obama. The Obama administration has delayed until at least May 21 a Bush administration executive order requiring federal contractors to use the E-Verify system in hiring. It had been scheduled to take effect in January. The U.S. Chamber of Commerce filed suit seeking to block the requirement, joined by the Associated Builders and Contractors and other business organizations.
The business groups and immigrant advocacy groups argue that the E-Verify database is riddled with errors that could result in millions of workers being wrongly identified as not authorized for work. They say requiring its use before hiring would impose a cost burden on employers and open them to lawsuits.
Camarota said illegal immigrants working in construction are concentrated in California, Arizona and Texas along the border with Mexico, as well as Florida, Illinois, New York, New Jersey, North Carolina and Georgia. |
|
|
|
| Clovis |
| So some illegals might benefit from a miniscule percent of contruction jobs being created by the stimulus. The construction companies who hire them because they'll work for lower wages will also benefit. Non issue imo. |
|
|
| Renzo |
I love how people automatically assume all illegal immigrants crossed over from Mexico six months ago. That's far from the truth and the fact that people don't know this is appalling.
There are thousands and thousands of people who arrived in the United States 20 years ago, have done nothing but work for their families, have stayed out of trouble, and have been denied when they applied for permanent residency. Which makes them ILLEGAL.
Are you telling me these people should not be able to feed their families? Give me a ing break. |
|
|
| delobbo |
| i know they didnt cross over 6 months ago and i know this is a far greater issue than can be addressed right now, or ever. |
|
|
| Clovis |
| quote: | Originally posted by delobbo
i know they didnt cross over 6 months ago and i know this is a far greater issue than can be addressed right now, or ever. |
So thanks for bringing it up here. :gsmile: |
|
|
| delobbo |
| you're right, that article is irrelevant. we should not care who these new jobs are going to. |
|
|
| Lebezniatnikov |
| quote: | Originally posted by delobbo
no. but i watch / read news. does the news have it wrong? |
When it comes to policy, the answer is usually yes. Do you think Keith Olbermann or George "factcheck" Will or Rush Limbaugh have actually read the bill? |
|
|
| Lebezniatnikov |
| quote: | Originally posted by delobbo
you're right, that article is irrelevant. we should not care who these new jobs are going to. |
In all honesty, as long as they're going to people who will spend the money rather than use it to pay down debts or invest, the overall net gain is positive. |
|
|
|
|
