What happened to all of the doom and gloom economic threads?

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Liberals Freaking Out Because Food Stamp Recipients To See $20 Reduction…




How will they ever survive?


WASHINGTON — Regardless of whether Republicans succeed in cutting food stampsthis year, the 22 million American households relying on the program will see their benefits drop in November.

The looming reduction has received little attention since lawmakers set it in motion years ago. The average household’s monthly benefit from the Supplemental Nutrition Assistance Program will drop by $20 or $25, according to the Center on Budget and Policy Priorities, a liberal Washington think tank.

“The general public doesn’t realize it,” Celia Cole, CEO of the Texas Food Bank Network, told The Huffington Post on Monday. “We certainly know the low income people on SNAP don’t know the cut is coming.”

Cole’s organization is publicizing the cut with a countdown clock. On Monday the clock indicated there are 94 days “until every SNAP (food stamps) household in America gets a little hungrier.”

But Congress has little appetite for intervention, as the consensus among lawmakers is not whether food stamps should be reduced, but by how much.

The November reduction is happening separately from the debate over cutting food stamps as part of a broader farm bill. The cut is set to kick in because a 13 percent benefit boost from the 2009 stimulus bill is expiring. Initially, the plan was to let inflation catch up with the increase so that SNAP recipients would never see a month-to-month dollar decline.

But in 2010, Senate Democrats and the Obama administration needed money to offset the cost of a series of spending bills. They said at the time they would replace the money later, but they never did. Congressional attitudes toward food stamp recipients have only gotten less generous since then.

The $668 maximum monthly benefit for a family of four will fall to $643, according to the Center on Budget’s Stacy Dean and Dottie Rosenbaum. (The average household’s monthly benefit is $287.)

“This cut will be the equivalent of taking away 14 meals per month for a family of four, or 11 meals for a family of three,” Dean and Rosenbaum wrote in a May report. The pair said that states should make sure recipients know when the cut is around the corner.
 
President Chauncy Gardner

Krauthammer’s Take: Obama Talking About Economy ‘As If He’s Been a Bystander’


On Fox News Monday evening, Charles Krauthammer stated that he finds it “astonishing” that President Obama is giving speeches in which “he deplores the state of the economy . . . as if he has been a bystander” during the downward spiral.

The president’s latest round of speeches sound “like he has been out of the country for five years,” Krauthammer remarked, even though the policies his administration have put into place have resulted in ”the worst recovery since World War II . . . and [are] at the root of all the problems he is talking about.”

“It is magical,” Krauthammer concluded, that this is Obama’s economy, and “he’s pretending he’s just stumbled upon it” while proposing the exact same strategy he proposed in his first term.
 
Obama is going to give another Castro type snorefest today to advance yet another one of his infantile stupid ideas, that nobody wants to hear.:rolleyes:

Come to think of it, it's kind of like one of your posts.:D
 
Local paper ahead of Obama’s visit: “Take your jobs plan and shove it”




As I’m writing this, President Obama is doing his usual economic grandstanding routine in Chattanooga, Tennessee — and considering that Amazon just announced that they’re going on an epic hiring spree, their local Chattanooga warehouse is making a mighty convenient backdrop for the president jobs-oriented speech. The president is going on and on about “the ingredients we need” for good jobs, and all of his latest Keynesian stimulus ideas for economic growth, and talking up America’s need to “invest” in the jobs and infrastructure of the future.

Funnily enough, courtesy of Obama’s first and biggest round of what we were promised would amount to successful stimulus spending, Chattanooga is the home of one of those sorts of supposedly high-tech and cutting-edge projects of which the president seems to want to initiate more. …Thanks, but no thanks, say the editors of the Chattanooga Times Free Press:


President Obama,

Welcome to Chattanooga, one of hundreds of cities throughout this great nation struggling to succeed in spite of your foolish policies that limit job creation, stifle economic growth and suffocate the entrepreneurial spirit. …

That’s because your jobs creation plans so far have included a ridiculous government spending spree and punitive tax increase on job creators that were passed, as well as a minimum wage increase that, thankfully, was not. Economists — and regular folks with a basic understanding of math — understand that these are three of the most damaging policies imaginable when a country is mired in unemployment and starving for job growth. …

The American Recovery and Reinvestment Act of 2009 helped fund the Gig to Nowhere project, a $552 million socialist-style experiment in government-owned Internet, cable and phone services orchestrated by EPB — Chattanooga’s government-owned electric monopoly. …

While the Smart Grid will cost taxpayers and local electric customers well over a half-billion dollars when all is said and done, there has been little improvement in the quality of EPB’s electric service. Worse, despite being heavily subsidized, EPB’s government-owned Internet, cable and telephone outfit that competes head-to-head against private companies like AT&T and Comcast is barely staying afloat, often relying on loans from electric service reserve funds to afford its business expenses.

… As a result, Chattanooga has remained a relative ghost town for technological innovation. Almost no economic development whatsoever has resulted from the gig.


That was downright scathing, and considering that the federal government assured everyone that the grandiose project would create a bunch of awesome new futuristic jobs and “send tech companies and web entrepreneurs stampeding to Chattanooga in droves,” and that “all it did was push America deeper in debt and lure a local government agency into making a terrible financial decision that will weigh on Chattanoogans like a millstone for decades to come…” it’s definitely warranted.
 
Fed-up doctors are fleeing Medicare

Why are doctors cutting off Medicare patients? The program's payment rates haven't kept up with inflation, while some physicians are concerned about government regulations. In 2015, Medicare will start penalizing doctors who fail to use electronic medical records and send data to the government on quality measures, the newspaper noted.

So you want more socialized health care or less? It can't be both.


There's also the threat of lower payments. Doctors could see reimbursements cut by one-quarter starting next year unless Congress agrees to delay the reductions, which it has in the past, the piece added.

http://money.msn.com/now/post--fed-up-doctors-are-fleeing-medicare

Which it has in the past every single year since Newt Gingrich was Speaker. Now it's a threat though, huh?
 
So you want more socialized health care or less? It can't be both.




Which it has in the past every single year since Newt Gingrich was Speaker. Now it's a threat though, huh?

Newt is no longer speaker. You can keep your socialized medicine StinkyMORON.
 
link

its OK

I'll wait:rolleyes:

The "doctor fix" has risen as an issue every 12 months for two decades and here you are somehow completely unaware of it.


WASHINGTON — Politicians of both parties outdo each other vying for the approval of seniors, but their inability to compromise on the federal budget has put Medicare in the crosshairs again.

Unless Congress acts before Jan. 1, doctors face a 27 percent cut in their fees for treating Medicare patients. That could undermine health care for millions of elderly and disabled beneficiaries.

Last year around the holidays doctors were looking at a cut of about 20 percent. It's become a recurring symbol of the government's budget dysfunction.

The cuts are the consequence of a 1990s budget law that failed to control spending but never got repealed. Congress passes a temporary fix each time, only to grow the size of reductions required next time around.
http://www.huffingtonpost.com/2011/11/28/medicare-doc-fix-congress_n_1115967.html
http://www.economics21.org/commentary/congress-should-pay-medicare-doctor-fix


It dates back to 1997.
 
wackOH! source

not reliable


:rolleyes:

I don't care. Look up your own facts, this is common knowledge to people who don't take Fox News' word for it. This is the thing that right wingers were yammering here about each of the last two years about how evil Obama was trying to cut 20% out of Medicare to make no doctors accept it... So that old people died. So old people better not vote for mean old Obama! Except congress kicked the can 12 months down the road for the 15th time in a row and they'll do it again.

But whatever bro. Take the Fox News version of it and pretend like Obama created the annual broken Medicare thing back in 1997 when he controlled the government from his University of Chicago professor's desk.
 
I don't care. Look up your own facts, this is common knowledge to people who don't take Fox News' word for it. This is the thing that right wingers were yammering here about each of the last two years about how evil Obama was trying to cut 20% out of Medicare to make no doctors accept it... So that old people died. So old people better not vote for mean old Obama! Except congress kicked the can 12 months down the road for the 15th time in a row and they'll do it again.

But whatever bro. Take the Fox News version of it and pretend like Obama created the annual broken Medicare thing back in 1997 when he controlled the government from his University of Chicago professor's desk.

that part is true

the rest?

wackOH! site, no credibility
 
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