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Obama calling for more infrastructure spending

September 6th, 2010 . by TexasFred

Obama calling for more infrastructure spending

WASHINGTON (AP) – President Barack Obama is asking Congress to approve at least $50 billion in long-term spending in the nation’s roads, railways and runways in a pre-election effort to show he’s trying to stimulate the sputtering economy.

The infrastructure spending is part of a package of targeted proposals the White House announced on Monday. With November’s elections for control of Congress approaching, Obama planned to discuss the proposal later Monday at a Labor Day event in Milwaukee.

The proposals would require congressional approval, which is highly uncertain with many legislators and voters worried about adding to federal deficits that are already sky-high. With Republicans saying spending is out of control and polls showing many people want to end Democrats’ control of Congress, even many Democratic lawmakers are reluctant to approve new spending so close to Election Day.

Even if legislators could pass a bill in the short window between their return to Capitol Hill in mid-September and the elections, the early projects would not create jobs immediately. Senior administration officials, who would not be quoted by name before Obama’s announcement, said the initial projects would lead to new jobs over the course of 2011.

Full Story Here:
Obama calling for more infrastructure spending

What do you get when you elect a community organizer to the highest office in the land?

A community organizer. Nothing more.

All Barack Hussein Obama and his band of ne’er do wells have done is bankrupt America. Now he wants to take America even further into the abyss with deficit spending that is nothing more than smoke and mirrors.

It’s not that the USA doesn’t NEED to spend money on our crumbling infrastructure, we do, but it’s a simple fact that we don’t have the money to spend. Most Americans know that, Obama isn’t most Americans. The Democrats that worship their Obamessiah aren’t most Americans.

This nation is hurting, and Obama sends his wife on holiday to Spain, on OUR dime.

Obama has a plethora of known TAX CHEATS in his administration.

Obama himself takes more vacations than ANY president ever has.

Soon, that will change. Watch this video.

I’m not at all convinced that the Obama regime understands what a deficit, or deficit spending is. But once again the Obama administration is about to attempt the launch of one of their we can spend our way out of this thing programs.

deficit – noun

1. (Economics, Accounting & Finance / Accounting & Book-keeping) the amount by which an actual sum is lower than that expected or required
2. (Economics, Accounting & Finance / Accounting & Book-keeping)
a. an excess of liabilities over assets
b. an excess of expenditures over revenues during a certain period
c. an excess of payments over receipts on the balance of payments

Let me make this very simple for the simple minds that are running our nation; we are BROKE! America is SO broke, we can’t pay attention. And Obama wants to spend MORE!


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