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Can Congress avoid another government shutdown? With end-of-the year deadlines fast approaching, is the battle over extending unemployment insurance putting an overall budget deal at risk? And if Congress is just punting on the tough issues again, what will the impact be back home?
In the Crossfire: Hawaii Governor Neil Abercrombie and former Minnesota Governor Tim Pawlenty join Newt Gingrich and Van Jones tonight at 6:30pm ET.
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Posted by CNN's Christina Manduley
Filed under: Congress • Debates • Fireback • In the Crossfire • Neil Abercrombie • Newt Gingrich • Tim Pawlenty • Unemployment • Van Jones
Author, documentary filmmaker, historian, Speaker of the House (1995-1999), and 2012 Republican presidential candidate
Fmr. Obama Deputy Campaign Mgr. and W.H. Sr. Adviser, founder of Precision Strategies, fmr. Sr. Adviser to Maj. Leader Reid and Sen. Kennedy
Conservative columnist for New York Daily News, contributing editor at Townhall Magazine, commentator and author
Former Special Adviser for Green Jobs under President Obama, co-founder of Rebuild the Dream, author and attorney
The 47% that voted no are obviously employed. Why would you not want to help people out of work. Your day will come.
Ryan continue his mission to allow Big Corporations to rule this nation. Ryan and the Republicans are against the American people. against Democracy. Ryan, Boehner, Cantor and McConnell fighting against the people of his nation. Eroding Democracy with ever action they take. People and voters must come to their senses and vote for those that want to continue Democracy and not those Republicans who are on a Destruction path for our people and nation.
The GOP Solution: Turn all the Old, Sick, Poor, Non-white, Non-christian, Female, and Gay people into slaves. Then whip them until they are Young, Healthy, Rich, White, Christian, Male, and Straight. Or until they are dead. Then turn them into Soylent Green to feed the military during the next "unfunded/off-the-books" war. And don't forget the GOP all time favorite............TAX CUTS FOR THE RICH!!!!!!!!!
Here in the USA: I agree that the country needs to grow itself out of its negative cash flow problem by putting more citizens to work. A partial solution would be to incent multinationals to repatriate jobs. Here is a simple approach that would do that. Change IRC rules so that multinationals can deduct from revenue only 50% of their foreign cost of goods, but can continue to deduct 100% of domestic costs. This will create more tax revenue for the government while companies switch jobs back to the US, and it doesn't require the company to create a new job, since it's already being done overseas.
Economists, may they RIP.
In years past, an Economic Theories can be considered philosophies. We should look at the Universities to eliminate the departments. Today, we have the Net, Numbers and IT. We can reflect them with an understanding of Finance and turn all of the Economists into Accountants.
When you build your Numbers, Spreadsheets, and Balance Sheets you expect criticism with Numbers, Spreadsheet and Balance Sheets. The Balance Sheet needs to include the future as well as the present. The Balance Sheet is not of the Government but the Country and its environment. The true goal is forward; forward is “How quickly can we double the output of one Man”.
Anything else can just be considered a cheer section. Remember, we are running a country, not just a government, which is involved with the world.
paofpa: I am retired CFO with 30 years' experience. You strike me as someone illiterate in accounting, who does not know what a balance sheet is, nor a statement of operations nor a statement of cash flow. And what are your bona fides to assert that the ultimate goal of anything is to maximize the output of one person? Whose ultimate goal is that, and why? Also, what do you believe is the academic difference between Economics and Accounting? Frankly, I find your statements both fatuous and jejune. I have no idea what your political beliefs are and I don't care.
Yes, I totally agree. Private sector jobs need to be provided by companies to US citizens if they expect us to buy from them. Too bad our elected politicians won't help in this regard (they have sold out). We consumers need to demand products and services produced by US citizens and legal permanent residents. We need to be asking companies how much of their headcount including subcontracted good/services is US citizens/legal perm residents. Outsourcing will kill us in the long run if we don't fight back. It think long term we should enact a tariff on goods/services procured outside the US.
Liberal progressives are the new robber barons! They are incapable of controlling their appetite for increasing the size of govt. The last statesman was reagan.
termlimits: Please define "statesman". And what are your bona fides for declaring what the priorities of all liberal progressives are? I suspect "none". In fact, I suspect you don't even know what "bona fides" means. Many so-called liberal progressives like me are citizens who voted Republican for years (over 40 in my case), but are completely distressed with what a once great party has become. A party that is self immolating, and which will be emasculated when an Executive Order eliminates gerryamndering this coming spring.
Its the squeezing the life out of the average person, so that Americans will become so desperate they will DO the 1.00 a day jobs, the ones that are being done in places like China right now.. Affording the rich to buy politicians and run the show... Let them cut the EPA and FDA and healthcare and any social program in acted by the little people to help the little people.. Big money is trying to take over and no amount of pain is too much to inflict to get this.
it is winter and we are experiencing freezing weather.. And these guys want to cut the only income thousands have? cut food stamps and heating assistance.. Meals on wheels for the elerlry..?
This is to stop people from languishing around on unemployment..??
What a joke..Unemployment insurance isn't a livable wage in the first place.. Its a struggle to get by on it..~!
At some point we become so poor the poor can't help each other.. We become a third world country..
With the rich the ruling class..Calling all the shots..
This is just the beginning folks..
Anyone that doesn't' see this as a cold and heartless thing on the part of the GOP in congress are just as cold hearted.
There are jobs out there.. Min wage jobs.. min hour jobs..
MANY on unemployment ARE working.. At these low hour jobs.. Cause that is all they can find..
It supplements unemployment..
So they cut the unemployment.. And all these people will have are the few dollars earned at these jobs..
The solution?? find another low wage job.. to add to the income.. Work 3-5 jobs.. NEver get any rest. never get off the treadmill..
And it still isn't survivable..
Force the "job creators" back to the United states or tax the sit…out of them and make them sorry they left.
Instead they are being rewarded..
And they are rich and can hold out until the poor are beaten down so they will comply to the new way of doing things in the United states.~!
Where we can all live like the slave labor do in places like china
Its called exploitation of humans..
Something these rich are very "OK" with.
The answer to this problem is simple reinstate the Civilian Conservation Corp. Federal, state and local governments can create jobs and fix our crumbling infrastructure at the same time. Its not rocket science nor is it the current free handouts. Additionally the willing workers will build self confidence and pride in themselves and in their nation.
Lets blame the republicans again even though the democrats cannot spell budet.
The people of this nation understand where our problems are. They understand the mission of the Republicans. Take away the rights, voices, votes of the people. The Republicans are the suppressors of this nation. Democracy has left the House under Boehner, Boehner has taken away Democracy. Allowing only a few radicals now to make law, pass bills. Boehner doesn't allow the voices of this nation to speak, he has suppress and stop the House from operating as a Democracy. Boehner is the true, real enemy of this country. Voters need to realize what Republicans are doing in the states, quickly taking away the voices of the people, the right to vote, education, health care, jobs, We just need to look at NC, VA and TX to see how suppression is being used on the people by a few radical Conservative Republicans. Wake up people, it getting late. Democracy is fading fast in American
If our leaders would just Start Protecting Income-Tax-Paying American Citizens Jobs, the rest would take care of itself.
Our economic problems didn't happen overnight. It's been happening over the past 15-20 years, but the economy was kept going by middle class Americans tapping into the equity on their homes until they were completely tapped out.
Over the past 2-3 decades both parties have been selling out the bulk of the American citizens, who they're supposed to represent, by allowing the incursion of illegal aliens (cheap labor) and the "out-sourcing" floodgates to open wider and wider without taking any sensible measures to stem the tide.
Our leaders need to start remembering that they are elected by the Citizens of the United States of America to represent the interests of those citizens and the country itself. – They are NOT elected by the Global Market Place or foreign citizens!
The outsourcing is not just limited to unskilled and skilled blue-collar manufacturing jobs either. It's also impacting white-collar jobs like, plant managers, engineers, IT jobs, purchasing, customer service, etc........... being outsourced to India, China................. When will it stop?
Foreigners will be coming here and buying our houses after we all foreclose. They'll also be taking over our government too, after it defaults from lack income tax revenue, due to businesses in the USA shutting down and or US jobs being outsourced and everyone being out of work.
Just the other day a friend that works in the IT department of a major paint company found out that 90% of their IT department in the USA is being laid off and will be replaced by IT techs in India. He has until February and he's gone, but not until he helps train and transition the job to those that are replacing him.
This summer I learned from a friend of mine, that's a highly educated engineer, that their company had recently displaced 100 of their 105 engineers here in the USA by replacing them with engineers in India. He was fortunate enough to be one of the 5 out 105 American engineers that they kept here in the USA.
This is eventually going to effect even the few Americans who are championing outsourcing.
The ONLY REAL FIX for Our Country is to Raise Revenue by Returning Jobs to US Citizens who Pay Income Tax.
Our leaders better wake up and put some sensible measures in place to stem the tide or this is going to have a devastating effect on America and the American citizens.
Wouldn't we be better off if Our Elected Leaders Started Working Together as AMERICANS for AMERICANS and AMERICA, instead of just bickering, stalling and posturing for the next election as democrats and republicans/tea-whatevers! The American People have had it with this unproductive BS! The way that both parties having been operating for years just stinks! Neither party has really been looking out for the best interests of the US Citizens who elect them and who they're supposed to represent.
The Citizens of the United States of America need our elected leaders from both parties to start working together to actually start trying to fix the real problems in our country like "out-sourcing", illegal immigration, the out of control costs of health care insurance and our reliance on foreign fuel.
Fix them together as Americans! – Because united we'll stand, but divided we'll fall
The ONLY REAL FIX is to Raise Revenue, by Bringing Back Jobs to US Citizens who Pay Income Tax.
We need to make smart cuts, but massive cutting just puts more people on unemployment, which just depresses the economy even further. And they better extend the unemployment benefits until the Real American economy actually improves.
Returning private sector jobs to American Citizens will provide income tax revenue to OUR Government versus our government having to pay unemployment benefits to those who would be jobless instead. We need our elected officials to Start Protecting American Jobs and do whatever it takes to bring back the jobs they let go. We need leaders who will actually stand up for the American people.
The bottom line is that “Our Government” has to protect domestic industry and the jobs that those industries provide. If they do that, the rest will take care of itself.