Obama's Jobs n' Deficit Thingie

Most of the focus pre-open this morning was on the newest wrinkle in the European Debt Crisis – aka Cirque Du So-Lame.

Now, around mid-morning, everyone’s tearing into Obama’s latest attempt at economic credibility.  The much-ballyhooed jobs plan that will magically pay for itself and cut the Buffetts of the world back down to size…

From the official statement:

Overall, it pays for the President’s jobs bill and produces net savings of more than $3 trillion over the next decade, on top of the roughly $1 trillion in spending cuts that the President already signed into law in the Budget Control Act – for a total savings of more than $4 trillion over the next decade. This would bring the country to a place, by 2017, where current spending is no longer adding to our debt, debt is falling as a share of the economy, and deficits are at a sustainable level.

Zeke Miller has the whole thing posted at Business Insider so click over…

Source:

Fact Sheet: Obama’s Tax And Deficit Plan (Business Insider)

 

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. VJumpers.com commented on Sep 14

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  2. cá cược bóng đá ảo commented on Sep 17

    … [Trackback]

    […] There you can find 74221 more Info on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  3. w88 commented on Sep 21

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  4. immediate edge reviews commented on Sep 23

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  5. kid commented on Sep 25

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  6. Sex chemical commented on Oct 29

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  7. Intelligent Automation Solutions commented on Nov 13

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  8. Digital Transformation consultants commented on Nov 18

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  9. scotia online banking login commented on Nov 30

    … [Trackback]

    […] Here you will find 11225 additional Info to that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  10. 안전놀이터 commented on Dec 24

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]

  11. Zenith ZC800 manuals commented on Jan 23

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2011/09/19/obamas-jobs-n-deficit-thingie/ […]