Theodore's World: Reactions To Obama's Spread The Wealth Pass The Bill Speech

« Massive Power Outage Hits 5 Million in San Diego and Other US Southwest Areas and Mexico | Main | The Speech That Broke The Patience of the Country »

September 09, 2011

Reactions To Obama's Spread The Wealth Pass The Bill Speech

Republican presidential candidate Herman Cain responded to President Obama's speech on jobs tonight, saying:

"We waited 30 months for this?"


Charles Krauthammer: Obama's Jobs Plan Is Designed So That Republicans Will Reject It (Video)


Statement by Texas Gov. Rick Perry on President Obama’s Speech

Rick Perry's website

Gov. Rick Perry today released the following statement regarding President Barack Obama’s speech to Congress:

“President Obama’s call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

“Like the president’s earlier $800 billion stimulus program, this proposal offers little hope for millions of Americans who have lost jobs on his watch, and taxpayers who are rightly concerned that their children will inherit a mountain of debt.

“America needs jobs, smaller government, less spending and a president with the courage to offer more than yet another speech.”


Majority Leader Cantor on Fox News Hannity right after President Obama's speech says tonight's language sounds a lot like the stimulus from Feb. 2009

Eric Cantor Reacts To Obama's Jobs Plan: "It Was Not Accurate To Say It Was Paid For"


Rep. Michele Bachmann, who is running for president, filled the void with a press conference in which she ripped the president’s plan to pieces.

“Tonight, the president under the veil of one of the most sacred, deliberative forms -- a joint session of Congress -- delivered yet one more political speech where he doubled down on more of the same policies that are killing the United States economy,” she said, later calling the president “politically paralyzed” and “philosophically incapable of doing what needs to be done.”


Former Massachusetts Gov. Mitt Romney released a web video titled “960 Days” that highlights what his campaign calls Obama's three years of failure to turn around the economy.

The video shows a clip of the president’s speech Thursday on the 961th day.

“Mr. President. You are 960 days late,” the narrator says.


Former Utah Gov. Jon Huntsman, who worked in the Obama administration as ambassador to China until earlier this year, said Americans are “tired of President Obama’s empty rhetoric and failed policies; they’re desperately searching for leadership and, above all, results.”

“Tonight’s list of regurgitated half-measures demonstrates that President Obama fundamentally doesn’t understand how to turn our economy around,” he said.


"Tonight we witnessed the end of a Presidency. To say the speech was a rehash of failed ideas is an insult to failed ideas. Even the Democrats seemed bored. The media will squander whatever shred of credibility they have to prop up Obama, but it is now beyond them. The speech was petty, petulant and highly arrogant. Worse, it revealed, for the entire nation to see, that Obama has no clue what to do. The GOP should pick their nominee carefully, because that person WILL be President."--Mike Flynn, editor-in-chief


Wild Thing's comment........

Herman Cain's response was Priceless! I LOVE this man......any Presidential hopeful would be a FOOL to not include them in their cabinet.

And Mike Flynn's comment was fantastic.

Posted by Wild Thing at September 9, 2011 04:50 AM


“ We have tried spending money. We are spending more than we have ever spent before and it does not work… And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises … I say after eight years of this Administration we have just as much unemployment as when we started … And an enormous debt to boot ! ”

These words were spoken 72 years ago before the House Ways and Means Committee in May 1939 by Henry Morgenthau, Jr. — close friend, lunch companion, and loyal Secretary of the Treasury until 1945 to President Franklin D. Roosevelt — and key architect of FDR’s New Deal.

Morgenthau made this startling confession during the seventh year of the New Deal programs seeking to combat rampant unemployment during the Great Depression.

With these words, Morgenthau summarized the harsh suffering and protracted misery, the lost decade that was the 1930’s.

When he spoke in 1939, just before the start of World War II, unemployment was actually worse than before FDR was elected President in 1932.

Indeed, with those words, Morgenthau confessed what so many keepers of FDR’s New Deal flame still won’t admit today:

massive public sector spending on public works programs doesn’t erase historic unemployment. It doesn’t produce an economic recovery, it postpones one.

Nearly three generations of Americans later, we just went through another $800 billion “stimulus” last year, this President now proposes yet another $450 billion and there are still some Democrats wanting an even bolder economic stimulus that depends on even more hundreds of billions in new deficit federal government spending to create jobs.

This President's problem is not messaging, but gambling America’s future on an economic policy that is not only false but a proven failure now as in the 1930’s.

When he agreed to let Congress blow out the deficit through the $800 billion stimulus package, he bet his entire Presidency that Paul Krugman and the Democrats’ Keynesian obsession would be right.

John Maynard Keynes and Paul Krugman have been wrong all along because they think government can spend and spend and spend other people’s money to prosperity.

What needs most of all to be brought to the fore is the folly, the mendacity that public sector government spending can be equated to private sector spending.

Private capital and private resources applied with private risk taking within the private sector are altogether different from public sector government spending other people’s money acquired through taxes extracted from a productive private sector. Our prosperity comes from the private sector.

This is the real world of personal risk taking, privately applied capital and productive resources, the real world struggle of just making a living in the results oriented private sector that does not allow for waste, inefficiencies, bloated bureaucracies, ineffective endeavors, deficit spending, insolvencies, and protracted development.

If the majority of our economy is consumer spending, I’d feel a lot better if those on unemployment compensation, social security, and the now more than 46 million Americans on the SNAP food stamp program were all spending their own money.

But they are not. Consequently we cannot equate this spending with those consumers spending their own hard earned money that comes as a result of productive activity.

Yet in this modern government accounting, it’s all counted the same within the nation’s GDP.

I contend this to be a false and detrimental economic evaluation, a perversion of economic reality, and a highly misleading statement of our well being.

It is a road to ruin led by central planners within an unlimited highly intrusive federal government that all ends up in a huge betrayal to the citizens they’re supposed to protect with the wells of Congress and the wells of municipal public chambers across this country filled with unpaid bills.

Most sixth graders could understand these words I write. How is it that all these Ivy Leaguers that continue to govern us can’t ?

History will well record that Bill Clinton, the last Democrat in the White House, was impeached by the House and although a majority of 55 Senators voted to convict, a minority of 45 Senators gained his acquittal, a two thirds majority being necessary to remove him from office.

Consequently, this President cannot win reelection next year. He will be defeated simply because he must be defeated.

Posted by: Carlos at September 9, 2011 06:54 AM

That's what I love about Herman Cain; simple and to the point. His six words summed up the whole speech.

Posted by: BobF at September 9, 2011 07:33 AM

Well said, Carlos.

Herman Cain is right on the money too.

This speech was nothing more than political posturing on Obama's part. It was designed to, once again, make the opponents to his way of thinking, appear to be the bad guys who are preventing real reforms from taking place.

Such thinking will work as long as the media buys in and plays along.

We can only hope that the citizens of this, Once Great Nation, see this for what it is and act accordingly.

In order for Congress to best suppport the man who calls for the "end to this political circus",they need to start at the top with the ring master.

Posted by: Sean at September 9, 2011 10:45 AM

I think that obama has lost it mentally. His handlers and the media have shielded him from reality. He had too easy a road to the presidency. obama probably now believes his own speeches. Besides, his mind is probably focused mainly on planning for his next sixteen vacations.

If the Repubs don't screw up they should be able to beat obama next year.

Posted by: TomR, armed in Texas at September 9, 2011 11:37 AM

Carlos, that was great thank you. I never knew about that and what was said.

Posted by: Wild Thing at September 9, 2011 06:46 PM

Bob, yes Cain gave a wonderful response.

Posted by: Wild Thing at September 9, 2011 06:48 PM

Sean, your so right, I agree and thank you Sean.

Posted by: Wild Thing at September 9, 2011 06:50 PM

Tom, I want that so much. We have got to get him out of there.
I agree too Tom, Obama is a very unstable person, his campaign before fed him, fed his ego and he still thinks he is the Mesiah.

Posted by: Wild Thing at September 9, 2011 06:52 PM