Tuesday, January 7, 2014

Obama's 'promising' poverty zones

"In a nutshell, what do we have here? The president showing up in the East Room of the White House surrounded by victims of his own economy who are instead portrayed as beneficiaries. Everybody out of work in this country today is a victim of Obama economic policies. And he was surrounded by 'em in the White House today disguised as if they were beneficiaries. That is the degree of how sick all this has become." ~ El Rushbo
So apparently, paying people not to work for the fifth year in a row under an economy of this administration's own making somehow equates to job creation? Ahhh, rekindling the poor war...
FoxNews: President Obama today will officially launch his latest assault on income inequality. Fresh from weeks of Hawaiian recreation, Obama is expected to harangue Republicans for their resistance to a $6.4 billion welfare package to give aid to those who have exhausted state unemployment insurance.

The White House push for the spending bill is predicated on long-term unemployment being a crisis. Top Obama economic adviser Gene Sperling told reporters, “We have never, over the last half-century, cut off emergency unemployment benefits when long-term unemployment was even barely over half the rate that we have right now.” Of course, neither have federal benefits to the unemployed continued for as long as they have, stretching back to the panic of 2008.

The Hill previews an event President Obama has scheduled for Thursday in which he will further lay out his economic vision: “The president’s remarks are designed to highlight his call to designate so-called ‘Promise Zones’ where the federal government would provide tax incentives, housing assistance, and education grants to fight persistent poverty, and come amid a broader populist push by the White House ahead of the Jan. 28 State of the Union address.”
By the way, Senate Dems got the vote thanks to six RINOs...new year, same ol' tune...
CNN: The 60-yea votes were the minimum needed to allow debate to go forward and avoid a filibuster in the Senate. Democrats got help from Republicans Kelly Ayotte of New Hampshire; Dan Coats of Indiana; Susan Collins of Maine; Dean Heller of Nevada, Lisa Murkowski of Arkansas; and Rob Portman of Ohio.

The bill is a top priority for Democrats, but most Republicans object to it, with many arguing that the costs need to be offset with spending cuts elsewhere in the federal budget.
Well, illegals and deadbeats alike gotta love this news, right?

Related link: Obama To Pivot To Class Warfare In Obvious Attempt To Deflect Attention Away From Obamacare

ADDENDUM: If unemployment checks create jobs, then why do we need promise zones? Nonetheless, Obama announced the first five...
AP: President Barack Obama will announce five “Promise Zones” this week as part of his effort to focus on income inequality in the lead-up to his State of the Union address.

Promise Zones are areas where the federal government provides tax incentives and grants to help communities tackle poverty. Obama first announced the initiative during last year’s State of the Union speech.

On Thursday, Obama will announce the first Promise Zone locations. They’re in San Antonio, Texas; Philadelphia; Los Angeles; southeastern Kentucky and the Choctaw Nation of Oklahoma.

The White House says Obama believes investing in and rebuilding economically challenged communities is crucial to helping children have a chance at success.