All we will get from Chairman Obama's empty promise's will be more layoffs and an increseing unemployment.

So if the jobs your looking for are at the unemployment line then you can certainly expect substancial gowth there.

Health and Human Services will provide funding for 1,129 health centers to provide expanded service for 300,000 patients; Interior will begin improvements on 107 national parks; Veterans Affairs will start work on 90 medical centers in 38 states; the Justice Department will fund 5,000 law enforcement jobs; the Agriculture Department will begin 200 new rural waste and water system projects; and the Environmental Protection Agency will begin or accelerate the cleanup of 20 Superfund sites.

What happens when the improvement projects end, the VA Med Centers are completed, the waste and water system projects complete, and the Superfund sites are clean?

Are we not back in the same spot, only know with alot more debt to go with it?

By "huge" do you mean a trillion+ dollars per year for every year of his presidency?

But should we believe in the numbers?

Of course not. Federal economic statistics have been increasing faked for political purposes as a matter of course since the Nixon administration. You can't even get real numbers from private research firms, because those firms regularly engage in deceits motivated by short-term profit.

You couldn't use valid numbers for investing purposes anyway because capital markets are rigged top to bottom.

Economics, in general, is pretty fuzzy

Contemporary economics is in fact completely phony in its basic concepts, and requires sophisticated interpretation to make any real sense of it:

The physical theory that the creators of neoclassical economics used as a template was conceived in response to the inability of Newtonian physics to account for the phenomena of heat, light and electricity ... The strategy the economists used was as simple as it was absurd—they substituted economic variables for physical ones. Utility (a measure of economic well-being) took the place of energy; the sum of utility and expenditure replaced potential and kinetic energy. A number of well-known mathematicians and physicists told the economists that there was absolutely no basis for making these substitutions. But the economists ignored such criticisms and proceeded to claim that they had transformed their field of study into a rigorously mathematical scientific discipline.

The Economist Has No Clothes

http://www.scientificamerican.com/article.cfm?id=the-economist-has-no-clothes

This explains why economic models have been almost completely useless for predictive purposes except when circumstances are extreme and it becomes impossible to miss the signs, as in the run-up to the present debacle.

Even if all these initiatives do create 600,000 jobs, that only makes up for one month of the job losses from September to April, so we're still, in the best of scenarios, a long way from a jobs rebound.

And that's the best case scenario. Those jobs will be as temporary as the "stimulus" that created them, if they are created at all and are not merely the result of still more faking of economic statistics.

The Obama administration is doing nothing more than trying to make it look good to placate the masses and give the banksters time to complete their plunder while there's still some meat for the vultures to pick off the bones. The US government is the biggest and most sophisticated public relations (read: smoke and mirrors) operation in the world by far.

But make no mistake about it: the US is so deeply in debt that it can't even honestly service that debt. It can only engage in desperate finance games to postpone the inevitable. The US is insolvent and will be in liquidation until there's little left but a population of squatters living on subsistence.

Amerika now exists only as a nation of lies, populated by liars. It can continue to exist only so long as it can maintain its pretences.

This explains why economic models have been almost completely useless for predictive purposes except when circumstances are extreme and it becomes impossible to miss the signs ...

I'd go further and suggest that economic models are useless for any purpose other than promoting political agendas.

"Economics, in general, is pretty fuzzy, or 70 years after the Great Depression the Keynesians and the Friedmanites wouldn't still be locked in a death struggle over the proper role of government during a recession."

-the ideas of the ruling class become the ruling ideas- or something like that.

That's right, folks -- we're getting jerked off.

As Walter Map wrote: Amerika now exists only as a nation of lies, populated by liars.

An economy cannot be sustained based upon bullshit markets and bullshit economic statistics.

-

The Economy Is Still at the Brink

Mr. Obama thinks that the way to revive the economy is to restore confidence in it. If the mood is right, the capital will flow. But this belief is dangerously misguided.

The storm is not over, not by a long shot. Huge structural flaws remain in the architecture of our financial system, and many of the fixes that the Obama administration has proposed will do little to address them and may make them worse.

http://tinyurl.com/lw5uy3

I see no hope for us under the present power structure. It is thoroughly, utterly corrupt.

Screw it, I'm going bodyboarding at Waikiki "Walls".

http://tinyurl.com/lkr3lx

See you in the water.

Things are not pretty here. Even if Obama manages to create all of those jobs AND we get our fair share of 10% (that's how much of the population we have, folks) we are going to lose a lot of jobs balancing that $23B deficit. How many jobs will be lost by cutting services to the mentally ill, cutting jobs to work programs for people on welfare and cutting subsidized health care for poor children? Not to mention closing our national parks and closing government offices 1 day a week. How many more jobs will be lost as a result of giving government workers dramatic pay cuts so that they can't spend as much money? Where is our bailout? We've been paying more than our share to the federal government for decades. When do we get some of that excess money back?