Bad day in central illinois news

[BuB]

I open up the paper today and read several disappointing stories. All of central Illinois could be affected for many years to come. Lots of adults and children are involved. The loss of current jobs as well as ones that would have been created is bad news.

The closing of Lakeview YWCA

The official closing of the Carver Center

The city of Peoria pulling out of the downtown hotel development deal

The city of E. Peoria severely cutting back the budget for the Parade of Lights
According to the article this great event has lost a lot of money. I
hope this doesn't close altogether.

I realize these closings or decisions may change in the future.....but if you opened up the PJ Star for the 1st time today you would be reading a lot of depressing news for one day.

 

[Da Coach]

Maybe it's good I don't read the PJ Star. But the news on Google and USA Today is even worse.....more unrest in third world countries, more hurricanes, and more unbelievably bad news on our economy and joblessness. But maybe our leader might finally have a plan soon.

 

[tornado]

the more governments gets involved and takes over the more the entire economy and everything else gets screwed up

 

[Braves4Life]

The credit and stock markets have been setting up nearly exactly like they did just before 9/15/08. There is significantly more downside risk than upside potential at the present time and it may pay to have some significant money in cash since I think we may see a great short-term buying opportunity in the near future.

For a depressing look at what our next 15 years may look like read these:

http://www.thegreatbustahead.com/pi_article_feb2004.pdf

http://www.thegreatbustahead.com/

 

[SFP]

There are going to be disparate economies within our country, which will create a feeling of doomsday in regional economies that depend on manual labor for their incomes and indifference for those that are globally connected with industries that are service oriented and creating intellectual property. Central Illinois for the most part falls under the old economy. The change we need is no where to be seen from either party.

 

[Beninator]

Maybe it's good I don't read the PJ Star. But the news on Google and USA Today is even worse.....more unrest in third world countries, more hurricanes, and more unbelievably bad news on our economy and joblessness. But maybe our leader might finally have a plan soon.

During the 2010 mid-term elections, then Rep. Boehner promised that job creation would be the number one priority if Republicans were elected to a majority in the House. Where are Speaker Boehner's job proposals?

 

[Da Coach]

During the 2010 mid-term elections, then Rep. Boehner promised that job creation would be the number one priority if Republicans were elected to a majority in the House. Where are Speaker Boehner's job proposals?

Please let's not start this argument again. The Republicans in the House of Representatives have passed a number of budget and jobs creation bills. Every single one of them went to the Harry Reid-controlled Senate, where they chose not to act on them.

If you are going to try to lay some of the blame on the Republicans, then try to answer this one-
the Democrats had complete majority control of the House and Senate for 2 full years during Obama's first 2 years of his presidency, including a filibuster-proof super-majority in the Senate for part of that time. Yet they still they still accomplished nothing about the jobs issue and the economy, and other than a failed stimulus bill that Obama pushed through to funnel money to his union buddies, they did not pass one single bill that addressed the jobs issue.
His policies, and those of the Democrat controlled congress have made the problem much worse. But if it helps to try to deflect attention away from Obama's failed presidency, then go for it. Obama sure has tried to work that angle for the past 3 years. While you are at it, why not blame George Bush, since that still seems to be the one consistent policy of the Obama administration.

 

[Beninator]

Please let's not start this argument again. The Republicans in the House of Representatives have passed a number of budget and jobs creation bills. Every single one of them went to the Harry Reid-controlled Senate, where they chose not to act on them.

If you are going to try to lay some of the blame on the Republicans, then try to answer this one-
the Democrats had complete majority control of the House and Senate for 2 full years during Obama's first 2 years of his presidency, including a filibuster-proof super-majority in the Senate for part of that time. Yet they still they still accomplished nothing about the jobs issue and the economy, and other than a failed stimulus bill that Obama pushed through to funnel money to his union buddies, they did not pass one single bill that addressed the jobs issue.
His policies, and those of the Democrat controlled congress have made the problem much worse. But if it helps to try to deflect attention away from Obama's failed presidency, then go for it. Obama sure has tried to work that angle for the past 3 years. While you are at it, why not blame George Bush, since that still seems to be the one consistent policy of the Obama administration.

again...name a JOBS PLAN that Speaker Boehner has proposed while Speaker? not a budget plan or a tax cut plan...

 

[Da Coach]

Why aren't businesses hiring new employees? It is because of their concerns about increased taxes and Obamacare.

The Republican budget and tax bills would create jobs. But that concept is foreign to some liberals, who mistakenly think the government can create jobs.

 

[Beninator]

Why aren't businesses hiring new employees? It is because of their concerns about increased taxes and Obamacare.

The Republican budget and tax bills would create jobs. But that concept is foreign to some liberals, who mistakenly think the government can create jobs.

Here is a good link for you that answers everything! :mrgreen: Again, coming from a Speaker who promised a job plan as his number one priority in 2010 if Republicans were eleceted and he was elected to be Speaker of the House.;-)

http://whenarethejobs.com/

 

[AZ BU Fan]

Government can help people create jobs through money supply, less bureaucracy & regulation, certainty on future costs/regulations/taxes, an "expansive" business tax structure - on income, capital gains, and R&D investments, and, providing incentives for mfgs to produce in the US.

Reducing legal cost overhead for businesses would also help. Countries we compete with don't have anywhere near the legal costs our companies do, and their quality of life for consumers and workers isn't a disaster vis a vis the US. The US Legal system is now a "Legal Lottery" for lawyers and plantiffs hoping to strike it rich through litigation.

Free trade is important to open up., or level the playing field, in foreign markets to US manufacturers...but Government must also not allow foreign companies advantage in the US through foreign governments' subsidies, foreign gov tax policies, lax foreign environmental laws...Fair Trade vs Free Trade

Gov can only create jobs by taxing and hiring more and more people on the public payroll...This can not be the answer.

 

[Da Coach]

Is that one of the moveon.org sites?

There couldn't be a little bias there, could there? Again, the Repubican House has written several budget and tax proposals that would get this economy going again and sent them to the Senate, and Harry Reid has squashed every one of them and not even allowed them to come up for a vote.

Why are we holding the Speaker of the House responsible? Lets hold those who actually have some authority responsible.

How many jobs plans has Presidernt Obama or any Democrat presented? The answer is Zero, and they have been in charge for almost 3 years. In fact, they haven't even produced a budget proposal in the last 3 years.

Here was what President Obama said back over a year ago on August 29, 2010-
He promised a comprehensive jobs plan over a year ago as soon as he returned from his August, 2010 vacation on swanky Martha's Vineyard (where he returned for another swanky vacation this year)-
http://nation.foxnews.com/president...hback-obama-2010-new-jobs-plan-after-vacation

And now here we are over a year later, and he is still just making promises. Nothing of substance has been proposed. Almost 3 years and we are still waiting, while more Americans are jobless than at any time in our history.
And now we hear that his "comprehensive jobs plan" may not be so comprehensive at all. Obama's aides are leaking out word that there may not be much new presented, and that Obama might instead have a long series of small proposals that would string out through the fall.-
http://nation.foxnews.com/obama-jobs-plan/2011/09/02/wh-already-lowering-expectations-jobs-speech

The White House is now promising that Obama's "plans" would get unemployment under 9%. Not a real risky prediction, since it is at 9.1% now, and it has never stayed this high for this long in our lifetimes.
http://www.realclearpolitics.com/vi...jobs_plan_would_put_unemployment_below_9.html

Recall that 2 years ago, Obama promised unemployment would drop below 8% if he got his proposals, which he did. It has never gotten close. He was dead wrong then, so why should we believe anything he tells us now?
http://www.npr.org/templates/story/story.php?storyId=106397685

So go ahead and try to brag about Obama's accomplishments as much as you want. It makes for an easy target for anyone to shoot down, since there haven't been any. There have only been failures.
And the only thing they have going for them is to keep pretending how we really underestimated how bad things were when Obama inherited them from George Bush, or trying to blame Congress, which was under Democratic control for the first 2 years of Obama's presidence, and most of the current congress was not even elected when the majority of damage Obama caused occurred.

 

[Braves4Life]

These clowns are ALL to blame -- Republicans and Democrats! I am SO sick of them all! Our Government disgusts me! Until we impose Congressional term limits our problems as a country will never get fixed. Term limits, campaign finance reform, and fixing/simplifying the tax code are critical to the survival of this country and democracy as we once knew it.

 

[Beninator]

Nice to see that you are siting the GOP propaganda machine in Fox News for your links!:lol:


Furthermore to claim that the stimulus created "no jobs" is a false assertion that conservatives use. Factcheck.org has sited this numerous statements from the CBO.

"The truth is that the stimulus increased employment by between 1.4 million and 3.3 million people, compared with what employment would have been otherwise. That??™s according to the nonpartisan Congressional Budget Office."

"As we have written before, the nonpartisan Congressional Budget Office released a report in August that said the stimulus bill has "[l]owered the unemployment rate by between 0.7 percentage points and 1.8 percentage points" and "ncreased the number of people employed by between 1.4 million and 3.3 million."
Simply put, more people would be unemployed if not for the stimulus bill. The exact number of jobs created and saved is difficult to estimate, but nonpartisan economists say there??™s no doubt that the number is positive."

http://www.factcheck.org/2010/09/did-the-stimulus-create-jobs/



Also speaking of vacations, why does the right wing continue to bring up this topic when your President Bush was the king of taking vacations?

"So far, President Obama has taken 61 vacation days after 31 months in office. At this point in their presidencies, George W. Bush had spent 180 days at his ranch where his staff often joined him for meetings. And Ronald Reagan had taken 112 vacation days at his ranch.

Among recent presidents, Bill Clinton took the least time off -- 28 days."

So not only did President Bush explode the budget, lessen regulations, he took the most time off of any recent President. SMH

http://www.cbsnews.com/stories/2011/08/17/eveningnews/main20093801.shtml

 

[Beninator]

These clowns are ALL to blame -- Republicans and Democrats! I am SO sick of them all! Our Government disgusts me! Until we impose Congressional term limits our problems as a country will never get fixed. Term limits, campaign finance reform, and fixing/simplifying the tax code are critical to the survival of this country and democracy as we once knew it.

Well said. Very much agree with term limits and campaign finance reform!

 

[SFP]

Why aren't businesses hiring new employees? It is because of their concerns about increased taxes and Obamacare.

The Republican budget and tax bills would create jobs. But that concept is foreign to some liberals, who mistakenly think the government can create jobs.

I agree as much as there are those that mistakenly believe job creation has to come from large corporations. Our economy historically speaking has always been at its best and steadiest when we had sound fundamentals where the SMB market had a fair competitive playing field. In other words low overhead and bureaucratic interference (high taxes, mandates, paper work etc..). The playing field is tilted towards large corporations and until Main Street has the ability to create jobs it will be a very slow recovery for the bottom 1/2 of the workers in our country.

Here is a good link for you that answers everything! :mrgreen: Again, coming from a Speaker who promised a job plan as his number one priority in 2010 if Republicans were eleceted and he was elected to be Speaker of the House.;-)

http://whenarethejobs.com/

Ben I'm going with B4L all the way here. The economic policies have been written by both parties the last 20 years that has led to the crisis we are now witnessing. We the people have let special interest rule the agenda and allowed both parties sell our country up the proverbial stream!

These clowns are ALL to blame -- Republicans and Democrats! I am SO sick of them all! Our Government disgusts me! Until we impose Congressional term limits our problems as a country will never get fixed. Term limits, campaign finance reform, and fixing/simplifying the tax code are critical to the survival of this country and democracy as we once knew it.

GREED, POWER and IGNORANCE! There are some that I know that are calling our leaders of the past 20 years traitors and self serving b@$t@rd$!

 

[BU RICK]

These clowns are ALL to blame -- Republicans and Democrats! I am SO sick of them all! Our Government disgusts me! Until we impose Congressional term limits our problems as a country will never get fixed. Term limits, campaign finance reform, and fixing/simplifying the tax code are critical to the survival of this country and democracy as we once knew it.

+14.3 trillion. And growing and how much is that helping individual Americans. The one I really don't care for is Alan Greenspan :evil: , he was in power way to long and he wasn't even elected, it was only his way and he keep getting reappointed and I kept saying to my friends please no. When he started following the Japanese model of taking our interest rates down methodically, the cuts weren't needed :evil:

I hope no one lost money, there are many that haven't
It has provided a good opportunity for at-home swing traders.
http://www.youtube.com/watch?v=c0A7jAVDPJU

 

[Chico]

Ben, as learned as you are in politics, you should know Presidents don't take "time off." IMO, it's not how much time you are out of the White House, it's when you are out of the White House and twice in the last 2 weeks doesn't look good with the problems we have going on right now. I'm sure you can cite other examples by others, but it doesn't mean this President is doing the right thing.

 

[Stryker]

Nice to see that you are siting the GOP propaganda machine in Fox News for your links!:lol:


Furthermore to claim that the stimulus created "no jobs" is a false assertion that conservatives use. Factcheck.org has sited this numerous statements from the CBO.

"The truth is that the stimulus increased employment by between 1.4 million and 3.3 million people, compared with what employment would have been otherwise. That??™s according to the nonpartisan Congressional Budget Office."

"As we have written before, the nonpartisan Congressional Budget Office released a report in August that said the stimulus bill has "[l]owered the unemployment rate by between 0.7 percentage points and 1.8 percentage points" and "ncreased the number of people employed by between 1.4 million and 3.3 million."
Simply put, more people would be unemployed if not for the stimulus bill. The exact number of jobs created and saved is difficult to estimate, but nonpartisan economists say there??™s no doubt that the number is positive."

http://www.factcheck.org/2010/09/did-the-stimulus-create-jobs/



Also speaking of vacations, why does the right wing continue to bring up this topic when your President Bush was the king of taking vacations?

"So far, President Obama has taken 61 vacation days after 31 months in office. At this point in their presidencies, George W. Bush had spent 180 days at his ranch where his staff often joined him for meetings. And Ronald Reagan had taken 112 vacation days at his ranch.

Among recent presidents, Bill Clinton took the least time off -- 28 days."

So not only did President Bush explode the budget, lessen regulations, he took the most time off of any recent President. SMH

http://www.cbsnews.com/stories/2011/08/17/eveningnews/main20093801.shtml

Ben, the government is just too big and too inefficient. Even IF and it is a big IF that the stimulus bill actually created jobs, it came at the cost of 276k per job, using the high range of what the CBO stated.

The problem with the way people view the government today is that the government does not "create" jobs. They either decrease jobs with increased regulations and taxes, or they make it easier for jobs to be created by decreasing regulations and taxes.

Do some research on the EPA lately and see what they plan to do the energy industry and other large industries in the private sector. Obama's administration is over regulating to the extreme. In July only there were 9 billion in new regulations. In August Obama proposed a 100 billion in new regs. Fortunately the EPA and other parts of the government is getting the heat for these and they most likely will not be implemented.

One of the most basic understandings of the government is the fact that it is extremely wasteful and inefficient. There is no comparison in this case to the private sector. The government needs to get out the way of the consumer and the business owners.

I work in the financial sector and review corporate financial on a daily basis, becoming intimately familiar with our customers businesses. The biggest reason they are not currently hiring is because they are unable to forecast and plan. The Obama administration is running wild with the regs and new taxes (Obamacare), and the business owners cannot forecast expenses for out the next 5-10 years because they cant predict what new expenses will come from the government. This causes them to take fewer risks and slow down growth.

There are a ton of issues with the economy at this point, and no one group or person is responsible 100%, but we can't continue what has been going on the past 3 yrs and expect it to get better.

 

[Braves4Life]

....... it doesn't mean this President is doing the right thing.

I'm sure those who voted for him must admit that he's been a BIG disappointment. Sadly, I'm not seeing anyone else who seems worthy or up to the job either.