News and Politics | February 09, 2009 | Comment on this video (23)

Michael Steele Knows What Jobs Are

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RNC chairman Michael Steele discusses the job and economic situation in America with "This Week's" George Stephanopoulos.
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23 comments // Michael Steele Knows What Jobs Are // Video

  • Sexirobot
    • 0
      Sexirobot  

    • Steele is a cross between Clarence thomas and Bush's left nut. he has the intelligence of a brain dead squirrel, the charisma of a drunken 2 year old and the appeal of a bag of dog vormit. In other words he is a real limbaugh/coulter rebulican.

    • 2 years ago
  • benjaminV
  • neocongo
  • CreditFigaro
    • 0
      CreditFigaro  

    • Mr. Steele is such a moron.

      The work is designed to go away, its a fucking stimulus.

      The money is already injected into the economy, and that is used to build the businesses.

      Is it perfect? hell no. it whould be all investment, no tax cuts, and plenty of expansion of government programs. Ever stood in line at the DMV? hell yeah there is work to do there and elsewhere in government.

      This stimulus is going to be somewhat impotent because of the concessions made for the stupid republicans just like Mr. Steele.

    • 2 years ago
  • TeejK
  • the_night_diver
    • 0
      the_night_diver  

    • steele makes reasonable arguments.

      it's just common sense.

      you can only work on a road/building/etc. until its done.

      then what?

      not saying the plans are bogus, but addressing concerns is an important part of fine tuning legislation.

    • 2 years ago
  • CreditFigaro
    • 0
      CreditFigaro  
    • the_night_diver:

      Well by then all the money that they have been paid to do that (not to mention the utilization of the new infrastructure) will drive the economy forward and reverse the downward spiral.

      It's stimulus, it's designed to stimulate.

      This guy is a complete moron.

    • 2 years ago
  • mohsint06
  • Morpmorp
  • Morpmorp
  • rudierude
    • 0
      rudierude  

    • That's funny, because most of my friends that are now unemployed had private sector "jobs" with a "contract" that was not renewed. So, do "jobs" and "contracts" have different meanings to conservatives whether it's being applied to private or public sector?

      Especially with all of the subcontracting created by the private sector to shed liabilities, the argument that work created by the private or public dollar is not a job is a joke to most in the real world.

    • 2 years ago
  • ddhboy
  • khromadjo
  • wielandla
    • 0
      wielandla  

    • Mr. Steele makes sense. It is unfortunate that some people are judging him as a token. The government printing money and spending it at an alarming rate is far more frightening to me than a collapse. I am a lay person on the subject but I look at from the way I run my house. When I see hard times coming I look for ways to cut back: clip coupons, put on a blanket. I save more, wait for what I want.
      Have any of you heard of freecycle.org?
      We have become a toss away society that wants only brand new stuff.
      I think an adjustment to the economy might be what we all need to get back to reality. Our standards have become so high in keeping up with the Joneses!

      Help your neighbor who is out of work- save- reduce - reuse.

      THe love of money is the root of all sorts of evil.

    • 2 years ago
  • TonyDukes
    • 0
      TonyDukes  

    • A man with a sense of history, sense and accoutability, talking to an agenda oriented socialist, that is paid by NBC and Democrats, so once again, no impartial or objective comments from Geo, reason, he get's paid to slant.

      God bless Mr. Steele, he may be one of our only hopes.

    • 2 years ago
  • holyshiite
    • 0
      holyshiite  

    • STOP Drinking the Kool Aid folks. It doesn't really matter at all where the first dollar is spent, whether it is on airfare or bridges. What matters is how fast is can be spent again, and again.

      Jobs are created by small business owners that see an opportunity and go for it. New government jobs are not sustainable but are the obvious goal of the liberal writers of the original bills. These hard times are being used as a chance to launch a trojan horse bill into the heart of capitalism.

      Wanna spend $900 Bilion? Why not shoot a check for $3,000 to every man, woman, and child in the US(approx 300 million) and let them spend it as THEY see fit. The real winners in this economy will be sorted out in 6 months!

      I'm generally a conservative but tax cuts won't work here. However, It's the fear of tax HIKES on small businesses that have added to our problems. Obama should lead and say NO TAX CHANGES FOR NOW - Here's 3 grand- have fun.

    • 2 years ago
  • cybexg
    • 0
      cybexg  
    • holyshiite:

      While I partially agree with the rest of your comment, you are absolutely wrong on, “What matters is how fast is can be spent again, and again.” Ideally, the dispersal of the funds should have an immediate portion followed by a long term portion. Doing so allows both the benefits of risk limiting techniques (what isn't working can be later cut at less cost than if it was all paid out to begin with) and promotes market growth and stability (in terms of permitting more efficient responses undertaken under rational conditions).

      Below is a portion of what I have previously written better explaining what I just wrote.

      .....I keep hearing how much of the bill doesn't have a fast payout and because of that, it can't be thought of as a stimulus bill.

      Now aside from the obvious fault (risk) tolerant benefit of having a longer payout (able to stop the outlay if the specific allocation isn't beneficial with less loss than a fast payout), ever single economic argument I can think of indicates that you want a long payout. Let me explain:

      Companies buy, hire, and procure resources based upon prediction and response, usually NOT speculation. Any such company activity occurring in a fast payout scenario is either an inefficient response to try to capture some of that payout (inefficient because the market has not yet had enough time for competitive forces to act to reduce inefficiency) or done in speculation. If done in speculation, the company is saying that it believes the fast payout will produce a long enough lived market incentive such that the company will be able to recoup its expenses and generate enough profit to justify its actions.

      However, such results are uncommon because the market inefficiencies associated with a fast payout (explained earlier) usually act to eliminate such long term results. Thus, under the fast payout, actors (companies) either inefficiently act or behave in a speculative manner (purchasing lottery tickets). Neither mode is conducive to long term growth.
      However, under the long-term payout scenario, actors have the benefit to plan their actions based upon long term market expectations. This then permits both more rational action (planning) and more efficient responses (market forces have longer time to act forcing more efficiency). The long term payout also permits more time for other participants to inter into the market, effectively growing the market.

      I'm not saying the whole thing should pay out over a long period of time. I'm just wondering why so many are against any of it being under a long-term payout.
      BTW, yes I realize that far too few will understand the argument. I'm asking those who are actually willing to read and understand for their answer

    • 2 years ago
  • edbr
    • 0
      edbr  
    • holyshiite:

      your idea sounds similar to the bush stimulus plan in 2007 -- give people cash and let them spend it.

      it's interesting that bush's stimulus didn't do shit for the economy (maybe a tiny bit) but you still think that would be a good idea this go-around.... hmmm...

    • 2 years ago
  • SlappyOC
    • 0
      SlappyOC  

    • Building schools creates jobs in the short term and then in the long term those schools are filled with teachers and administrators (one example). Small buisiness jobs are 'permanent' until credit freezes up, the economy goes down the drain and layoffs become the only option. Also, all building jobs are 'temporary' work if you think about it. They end when the job is done...the trick is to actually have something to build!

      Right now unemployment is skyrocketing and states are running out of money to fund unemployment and other social programs. Yet state aid is being axed from the stimulus. So all those people need WORK now. There is some serious lack of logic and genuine concern coming from the RNC right now.

    • 2 years ago
  • holyshiite
    • 0
      holyshiite  

    • This guy is really smart. Snuffleopogus looked so funny. Clearly George has no clue. He probably gets his facts from kennymotown.

      I really cannot believe how right on Steele is. So refreshing.

    • 2 years ago
  • edbr
    • 0
      edbr  
    • holyshiite:

      are you serious that you think a job is 'something a businessman creates?' or that 'work' is not a 'job?'

      like someone else wrote, what about police, firemen, city workers, etc? do those not count as jobs for some reason?

      or how about when i mow someone's yard. that's work, but is it a job? what if i mow someone's yard every saturday? work or a job?

      he's using semantics to bolster his argument. one loses his credibility when using bullshit to substantiate his illogical argument.

    • 2 years ago
  • rachelmaechel
    • 0
      rachelmaechel  

    • RNC chairman. Ha! What the hell are they trying to pull with this one. They picked a black guy. my lord. He even speaks in that twisted half truthy round about way, like the rest of the republican speakers. This is a hilareous shame.

    • 2 years ago
  • kennymotown
    • 0
      kennymotown  

    • This guy is nuts, a job is a job and the private sector has no legs at this time to create jobs therefor the stimulus and hopefully less tax cuts. This whole decade got started with George Bush's 550 billion giveaway tax cuts to the rich that supossidly created 1 million jobs and in debt a half a trillion dollars that should have been collected. Thats 550,000 dollars per job created.

    • 3 years ago
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