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Trumka: Obama Budget ‘Falls Far Short on Job Creation’

PJ WASHINGTON exclusive: Union boss slams president's "austerity budget."

by
Nicholas Ballasy

Bio

April 11, 2013 - 4:09 pm

AFL-CIO President Richard Trumka criticized President Obama’s FY 2014 budget for not promoting job growth while hurting seniors and federal workers.

“It falls far short on job creation,” Trumka told PJ Media Thursday on Capitol Hill.

“The president sent Jack Lew to Europe to talk about, to chide them for austerity budgets; they should be investing in growth and things of that sort. It undermines our credibility when our budget here is an austerity budget.”

Trumka specifically mentioned several areas of the budget he opposes, including its change to the Consumer Price Index formula used to calculate cost of living adjustments for Social Security payments.

“We’re here to oppose the CPI, the chained CPI, because we think it’s bad policy. I also disagree with the cuts on seniors and on federal government workers,” Trumka said.

“You know, hurting them, cutting money out of their pension programs, doing things like that.”

Nicholas Ballasy is a video journalist based in Washington, D.C. His interviews with prominent politicians and celebrities have been featured by media outlets including Fox News, NBC News, ABC News, Access Hollywood, Inside Edition, the Washington Post. Follow his work at www.nickballasy.com.

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All Comments   (10)
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Dear Mr. Trumpka, sir. Obama doesn't need you any more. Hasn't he proven that in the Keystone pipeline deal where thousands of jobs would be created? Get over it. Jackass!
1 year ago
1 year ago Link To Comment
Unions leverage big government to push non union contractors out of the way.
1 year ago
1 year ago Link To Comment
"AFL-CIO President Richard Trumka has declared there's no fiscal cliff and any address of runaway government spending is just "a manufactured crisis.'" - 11/15/2012

Fool.
1 year ago
1 year ago Link To Comment
Gee - if Trumpka would trim about an inch off either side of that mustache I think he might resemble some historic figure...
1 year ago
1 year ago Link To Comment
How can a Gubbmint create jobs in manufacturing plants that have moved to China?????
1 year ago
1 year ago Link To Comment
They moved to China to get away from morons like Trumka.
1 year ago
1 year ago Link To Comment
Oh...I forgot......tax the Hoi Polloi so workers can be trained to install solar panels subsidized by.........the Hoi Polloi.......)'(
1 year ago
1 year ago Link To Comment
The picture of Trumpka looks alot like Adolf Hitler does it not?
1 year ago
1 year ago Link To Comment
Talking about how people look, theres one just to the left that looks alot like Bill Ayers but I don't think thats the topic of discussion in the article. :)
1 year ago
1 year ago Link To Comment
An exclusive austerity approach is the GOPs approach following the European model exercised as a result of the 2007-08 economic copllaspe. The balanced approach was used from the 30 through the 50s here in the U.S. as a result to the '29 crash, follwed by the depression and the catastrophic dust bowl over the dominate agri country of the southern plains states. There is far more global experience to learn from in the exclusive austerity approach than the balanced approach. What are the lesson from each?

Assuming that employment spurs economic growth, which approach is most effectivie? Assuming that infrastructure advances provides benefit to economic growth , which approach would be most effective? How does high unemployemt affect government revenues vs. spending and national debt? How does trade imbalance affect domestic GDP, domestic consumption and domestic growth of the economy?

Theres a ton of variables involved, but one things are centric to economic recovery over the next few decades. Revitalizing domestic GDP now and for the future and employment!

What is the GOP plan of the austerity approach? The magic bullet of deregulation? The magic bullet of downsizing the federal government adding to the unemployment? Cutting the old folks and disabled's pension and health care benefits? Continued tax advantages for the wealthy and largest corporations who hire the least raw numbers of the nations employed? Then theres the issue of unregulating the investiment and monetary system, opening the spigot for easy access or -- inflationary and unsustainable 'bubble' economies.

The democrats 'proposed' approach is in our own history so, I needn't go through it, as most are probably well studied on it.

Without an approach that addresses stimulating a domestic GDP economic recovery that equally stimulates low unemployment and closes the wealth disparity gap to historic norms, it is simply headed into the wrong direction. The governments finalcial dilemma is because we have lost our balanced economic foundations! maybe a good time to put aside all the self serving radical poltical activism and join forces as a united citizenry to get the nation back on course and headed toward recovery in the most 'realistic and proven' means.
1 year ago
1 year ago Link To Comment
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