Chris Matthews Calls Obama's Jobs Plans 'Pissant'
MSNBC's Chris Matthews is clearly worried the President that once gave him a thrill up his leg is not going to get reelected.
Appearing on Jansing and Company moments before Barack Obama's press conference Friday, the Hardball host said the President has "got to be aggressive. He’s got to be big time. Stop this nickel and dime, a couple of bucks for the teachers, a couple of bucks for the firefighters. 'I'm going to reduce the payroll tax.' This is pissant" (video follows with transcript and commentary):
CHRIS JANSING, HOST: Well, the hope and change thing, Chris, obviously, was looking forward. Is there a way for President Obama to make this more forward looking than backward looking?
CHRIS MATTHEWS: Yeah, I think he has to say that one thing we've learned over the last hundred years about managing the economy is this: when business fails, as has failed in the last ten years, it has failed. The private sector fell apart under President George W. Bush. It's a fact. The financial market fell down, the auto industry was dead on arrival, everything has failed. The government has to act. When the consumer is uncertain and business is scared, the government has to act, which it did when Obama came in and it hadn't done before that.
He came in, took action, saved the auto industry, brought back the American economy with a big stimulus plan. He took a lot of heat for it, but if the government hadn't acted nobody would have acted, because even to this day business is afraid the consumer is holding on to his or her money. Nobody's really got the guts to spend money except the government. He's got to say, “We have to keep doing this. We have to keep shouldering the responsibility to keep the American economy roaring again until everybody's back.” He's got to say, “We've done the right thing, we’re going to do more of it. If the Republicans would get out of the way we would do a lot more.”
He's got to be aggressive. He’s got to be big time. Stop this nickel and dime, a couple of bucks for the teachers, a couple of bucks for the firefighters. “I'm going to reduce the payroll tax.” This is pissant. You can't get reelected with tactics. He needs a strategy which is, “We're different than the Republicans. They're basically free marketers who sit around and wait for business to deliver this country from hell and business has let us down.” He’s got to say it.
So what Obama's done with regard to creating jobs is "pissant."
For a change, I have to agree with Mr. Matthews.
(HT @MaxwellSilver3)
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— Noel Sheppard (@NoelSheppard) June 8, 2012
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Comments
Nobody's got the guts to spend money...
Submitted by Newsbubba on Fri, 06/08/2012 - 4:50pm.
... except the government? Please!!
That's because, you pansy assed moron, it ain't THEIR MONEY!!
Send me you Fluking paycheck every week and watch me spend it. It's really easy if you don't have to work for it.
God, liberals are stupid.
The problem is...
Submitted by bkeyser on Fri, 06/08/2012 - 4:53pm.
and every pundit, commentator and reporter should be asking this, is: "Okay. What comes after raising taxes on whatever the democrats finally settle on as the "rich" threshold? The tax increase (estimated $4.7B annually) wouldn't fund 7% of last years SNAP program ($78B). So, what's next?"
Until they answer that question, then we know they're not serious about addressing the debt or deficit or jobs or anything else economically. They're waiting for it all to crash.
South Park has the answer to your question
Submitted by lsudolemite on Fri, 06/08/2012 - 6:46pm.
There was an episode about gnomes that stole underpants from people's homes at night to make money. One of the main characters asks them how they make money, and they responded with a simple plan.
Step 1: Steal underpants.
Step 2: ????
Step 3: Profits.
And he
Submitted by chiefpayne on Fri, 06/08/2012 - 4:54pm.
SHOULD be worried.
I see a GROWING movement in this country...a CONSERVATIVE movement. And Obama is NOT on board this train!
I see Obama LOSING in the next election by a landslide...with around 1/3 of the votes cast...MAYBE 40% if he's LUCKY.
What does he mean "if the
Submitted by kareling on Fri, 06/08/2012 - 5:00pm.
What does he mean "if the Republicans would get out of the way" Obama could do more, i.e., spend more? Weren't they well out of the way for the first two years of his term? He went on a big spending spree and what did that accomplish?
Hmmm . . . "piss ant." Yeah,
Submitted by Kubrickfilmfan73 on Fri, 06/08/2012 - 5:18pm.
Hmmm . . . "piss ant." Yeah, I'd say that sums up Barack O'bomb-a in the grand scheme of things. For once, Chris Matthews agrees with me.
"Business let us down"
Submitted by CO2Maker on Fri, 06/08/2012 - 5:33pm.
You know, he's right. Business let us down with their stupid Community Reinvestment Act and their stupid policy of compulsory sub-prime lending and creating the derivative markets which they did without any regulations from Congress, who were screaming to rein them in and who even created Fannie's consort, Freddie Mac, to control all their reckless behaviors, but the greedy businesses were led by the worst greedy one-percenter of them all, Michael Gecko Douglas. along with his greedheads buddies during the Bush years.
Yep, It was NOF (not Obama's fault).
Damn, when you've lost Tingles....
Submitted by lsudolemite on Fri, 06/08/2012 - 6:44pm.
truly you've lost the country. ;)
matthews is so caught up in the Tip oneil 1960s and 1970s
Submitted by Paarl on Fri, 06/08/2012 - 7:16pm.
before it was proven that Keynesian economics was a bad joke...he just doesnt get it that economics science....ie that part of economics theory that mathematically measures the effect of policies has proven that keynes multiplier theory is a sham...a ghost..a poltergeist...
Especially these days when national and local governments account for 40% plus of GDP....we are in a fiscality trap...an equivalent to the monetary trap....there aint enough gravy or profits in the diminished and put upon private sector to pay off the debt of keynesian stimuli....it cant be paid back !!!!
paarl
PS
If govts were smaller parts of the total economy than national governments COULD have capital budgets that borrowed for long term for real rate of return infrastructure projects that are contributory to economic growth....ie ports...a rebuilt interstate system...and these prof=jects could pay off their own bonds...but this CANT be done under current conditions....
To Chrissy...
Submitted by TempusFugit on Fri, 06/08/2012 - 7:23pm.
....I must dedicate this:
http://www.youtube.com/watch?v=lt2c9Iyq2UQ
I am a little late to the party.
Submitted by The Vet on Fri, 06/08/2012 - 11:55pm.
Was the speech big time?