Jobs Bill Will Have to Wait -- LA Times

Link here (this is what they are reading in Los Angeles this a.m. -- from the "liberal" Los Angeles Times).

Obama's urgent jobs plan: Right now, 'right now' means sometime next month maybe.

Everybody remembers the urgency of President Obama's attitude toward the awful jobs situation.

Back in early August, Obama said the jobs situation was so urgent that he was going to give another speech about it -- in a month or so, in September after his vacation on Martha's Vineyard.

And then in September the president announced he would give his major jobs speech to a joint session of Congress on Sept. 7. But he neglected to check with congressional leaders first. And they suggested the 8th. So, since it was their House, the 8th it was.

"Tonight," the president said in the first 34 of his 4,021 words to a national television audience that night, "we meet at an urgent time for our country. We continue to face an economic crisis that has left millions of our neighbors jobless, and a political crisis that has made things worse."

The speech got panned as another political campaign one with Obama announcing, in effect, that....

...since the first stimulus spending plan of $787 billion hadn't really worked, maybe another $447 billion stimulus spending plan would.

This is the kind of thinking that can make sense within Washington. But since "stimulus" has become a laugh line, he didn't use that word anymore.

And, hey, the debt ceiling had been raised to $16 trillion. (Speaking of which the president speaks on the debt this morning in another speech because he's a Real Good Talker.) So why not spend a half-trillion more to look like he's doing something about the terrible jobs situation with 14+ million unemployed?

And the article continues. Go to the link for the rest of the story.

Oh, by the way, three more dollars in taxes for every additional dollar in new spending cuts. No wonder the market continues to plunge (another 200 points today). And then folks wonder why the Tea Party is doing so well in some areas of the country.

And then scroll down for the Bakken postings.