The Shocking Redistribution of Wealth in the Past Five Years

[ProSense]

80. Given that's a

"You may remember: create a new national economy, including an "Apollo Program" for Energy, rebuild schools and infrastructure, improve quality of life for all Americans, etc."

...2008 article at the link, it sounds like the stimulus.

http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009

"What happened? The President had a historic mandate and majorities in both houses of Congress. "

Well, this (http://www.democraticunderground.com/10024259698#post10) and this (http://www.democraticunderground.com/10024257660#post42) happened.

Also, this:

In September 2011, Republicans blocked the American Jobs Act and up to 2 million jobs
http://www.democraticunderground.com/10021294027

Krugman: Obstruct and Exploit
http://www.democraticunderground.com/10021310637

The Jobs Program That Wasn’t

Macroeconomic Advisers on the American Jobs Act, proposed a year ago:

We estimate that the American Jobs Act (AJA), if enacted, would give a significant boost to GDP and employment over the near-term.

-The various tax cuts aimed at raising workers’ after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would:
-Boost the level of GDP by 1.3% by the end of 2012, and by 0.2% by the end of 2013.
-Raise nonfarm establishment employment by 1.3 million by the end of 2012 and 0.8 million by the end of 2013, relative to the baseline

Of course, it that had happened, Obama would be more or less a lock for reelection. Instead, having blocked the president’s economic plans, Republicans can point to weak job growth and claim that the president’s policies have failed.

http://krugman.blogs.nytimes.com/2012/09/08/the-jobs-program-that-wasnt/

We built it together

by Elizabeth Warren

New Jersey Governor Chris Christie gave a speech last night at the Republican National Convention about the Greatest Generation.

Let's talk about what really made the Greatest Generation so great.

Coming out of the Great Depression, America was at a crossroads. The future of our economy - and our democracy - was at stake.

We made a decision together as a country: To invest in ourselves, in our kids, and in our future. For nearly half a century, that's just what we did.

And it worked. For nearly 50 years, as our country got richer, our families got richer - and as our families got richer, our country got richer.

And then about 30 years ago, our country moved in a different direction. New leadership attacked wages. They attacked pensions. They attacked health care. They attacked unions. And now we find ourselves in a very different world from the one our parents and grandparents built. We are now in a world in which the rich skim more off the top in taxes and special deals, and they leave less and less for our schools, for roads and bridges, for medical and scientific research - less to build a future.

Last night, Chris Christie and the Republicans told the American people that we're to blame for our broken economy. He told families to tighten their belts. He told seniors to live on less. He told teachers to stop fighting for fair pay.

He never, ever mentioned how much more the richest have taken, and he had no mention that those who broke our economy still haven't been held accountable.

The Republicans believe in an America that is rigged for the big guys - giant corporations that can hire an army of lobbyists, ship jobs overseas, and take their profits to the Cayman Islands.

That's not who we are as a people - and that's not the kind of country we want to be.

We built America together, and that's what makes America great.

http://www.dailykos.com/story/2012/08/29/1125449/-We-built-it-together

They Blocked that!

by jamess

When it comes to the GOP -- they didn't Build that.

Most times They Blocked that ...







- more -

http://www.dailykos.com/story/2012/08/30/1126128/-They-Blocked-that