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President Obama is catching heat from Nevada lawmakers and business leaders regarding his comments Tuesday criticizing trips to Las Vegas.

During the president's town hall meeting in Nashua, New Hampshire, he discussed the need to curb spending during tough economic times. "When times are tough, you tighten your belts," the president said. "You don't go buying a boat when you can barely pay your mortgage. You don't blow a bunch of cash on Vegas when you're trying to save for college."

The president's comments come nearly a year after he criticized companies that received federal money for taking corporate junkets to Las Vegas. "You can't go take that trip to Las Vegas or go down to the Super Bowl on taxpayers' dime," he said at the time. Local business leaders say Nevada tourism suffered last year in part because companies canceled trips to Las Vegas in the wake of the president's comments.

His statement Tuesday drew sharp criticism from Nevada lawmakers. "The President needs to lay off Las Vegas and stop making it the poster child for where people shouldn't be spending their money," said Senate Majority Leader Harry Reid, a Democrat. "Las Vegas is suffering through one of the highest unemployment rates in the country, and we cannot afford for the President to bring us down any further," added Republican Senator John Ensign. "Nevada has one of the most distressed economies in the country, and the President has done little to focus on job creation over the past year. Discouraging people from coming to our state to make a political point adds insult to injury," said Republican Congressman Dean Heller.

http://www.lasvegasnow.com/Glo...story.asp?S=11922024
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Not that it is funny, but the realization is hitting home to many right now. I talked to someone who usaully looks forward to getting their IRS refund check when filing. Last year with Obama's plan to stimulate the economy, he basically just "lowered" the withholdings, without changing the tax tables. This year, this individual will not be getting any money back and they were ticked. Gonna be a lot of that this year, and next year it will be even worse, with the expiration of the previous tax cuts.
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This year, this individual will not be getting any money back and they were ticked. Gonna be a lot of that this year, and next year it will be even worse, with the expiration of the previous tax cuts.


Teyates, according to Arthur Laffer, the economy will grow faster this year than expected because of the expiring tax cuts. The down side of this enhanced growth is that the economy might go down the toilet in 2011.

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"GDP growth in 2010 will be some 3 to 4 percent higher than it otherwise should be, thus green shoots,” he said. “The transfer of income from 2011 into 2010 will not only make 2010 [economic growth] higher than it otherwise would be, it will also make 2011 [economic growth] 3 and 4 percent lower than it otherwise should be because people have shifted income out of 2011 into 2010.”
http://www.humanevents.com/article.php?id=35341
As much as I would like to agree, I don't need Mr. Laffer to tell me how it is going to go, I pretty much know that people are going to see themselves in a pickle when they are used to getting back $2K and are now paying a little more or getting much less than they expected.
I guess it is also in who you listen to, but I have not heard hardly any economists who predict that thie economy is going to grow substanially, and the jobless rate of 10% is pretty much here to stay, unless some miracle occurs.
By the time these new taxes, and the proposed healthcare tax if it passes, goes into effect, the upper and middle classes will be seeing tax rates that they have never seen before. This is certainly NOT going to stimulate the economy when they do not know how they are going to meet their responsibilities.
Obama did not say that folks ought not to go to Vegas or gamble there; he just said not to blow the tuition money there. Doesn't that make sense?

He also said that federal money shouldn't be used to finance corporate junkets to Las Vegas. What is it about that that gets your panties in a wad? As to why he chose Vegas for that statement--well, it just might be because that city hosts more conventions than just about anywhere else in the world. Doesn't that make sense?

It all makes sense, except to those who want to distort the sense of it.
It doesn't make any sense at all to me. He's already made that statement once and had to apologize for it. Who appointed Obama to tell us how to spend our own money (at least what we have left of it)? Federal money shouldn't be used to finance corporate junkets anywhere and Obama shouldn't be telling corporations where to go on their junkets. Obama is not king yet, he needs to stick doing his job.
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Originally posted by beternU:
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Originally posted by kperk014:
It doesn't matter. By this time in 2012, we'll all be wondering who will win the dimocrat nomination between the two runaway front runners, hillary clinton or charles barkley.


Either of which would be preferable to the Wacko Wingnut of Wasilla!


Nope. Either will be preferable to the kenyan klown.
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Originally posted by JOY4567:
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Originally posted by Ronnie P.:
"When times are tough, you tighten your belts," the president said. "You don't go buying a boat when you can barely pay your mortgage. You don't blow a bunch of cash on Vegas when you're trying to save for college."

How does this differ from the "stimulus package"?


I think the odds would be better in Vegas than they are with the stimulus. Kenyan Klown? Now that's funny I don't care who you are....lol

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