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Thread: CBO: Stimulus hurts economy in the long run

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by AdamT View Post
    Actually it was ad hominem by any definition of the term: attacking the source rather than the substance.
    The source and the substance has been attacked and as has been pointed out economists disagree as they always do, just like now. You choose to agree with those whose opinion is similar to yours and ignore those whose opinion differs. That is why I post non partisan data which again you ignore. Data matters a lot more than opinion thus when I post Obama results I post the link to the data. That is why liberal Obama supporters never attack the data because they cannot.

    The problem we have today is lack of leadership and has been pointed out we are getting exactly what the Obama resume showed, zero leadership skills. The Obama stimulus program and economic policies have led to meager economic growth and added 4.4 trillion to the debt. Anyone that ignores the long term effects of those policies is very naive and brainwashed.

    Reagan leadership

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    WHAT IRONY!! Good god man do you ever step back and take a look at what you post?you use every right wing talking point, in every thread and your implying that someone else an IDEOLOGUE???
    So right wing talking points coming from non partisan sites that are verifiable are wrong? Seems that being slightly liberal has created the inability to research and to understand that non partisan data is accurate and tells the entire story. Keep buying the liberal talking points, slightly liberal.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    So right wing talking points coming from non partisan sites that are verifiable are wrong?
    So you're saying that CBO data is wrong, if it disputes the erroneous point that you are making?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    So you're saying that CBO data is wrong, if it disputes the erroneous point that you are making?
    Yes, when it comes to Obama results they are projections and not accurate data as there is no source that provides saved jobs nor do projected economic results matter

    Please cite for me the site that actually calculates saved jobs?

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by Conservative View Post
    The source and the substance has been attacked and as has been pointed out economists disagree as they always do, just like now. You choose to agree with those whose opinion is similar to yours and ignore those whose opinion differs. That is why I post non partisan data which again you ignore. Data matters a lot more than opinion thus when I post Obama results I post the link to the data. That is why liberal Obama supporters never attack the data because they cannot.

    The problem we have today is lack of leadership and has been pointed out we are getting exactly what the Obama resume showed, zero leadership skills. The Obama stimulus program and economic policies have led to meager economic growth and added 4.4 trillion to the debt. Anyone that ignores the long term effects of those policies is very naive and brainwashed.

    Reagan leadership

    1983
    I II III IV
    5.1 9.3 8.1 8.5

    Obama "Leadership"

    2011
    I II
    0.4 1.3 2.0
    As predicted. The fact that economists disagree does not take into account the fact that MOST economists believe the New Deal has positive effects on the eocnomy.

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by AdamT View Post
    As predicted. The fact that economists disagree does not take into account the fact that MOST economists believe the New Deal has positive effects on the eocnomy.
    As predicted you argue about a period of time that you know little about while ignoring the present. You want badly to believe that Obama saved the country but his economic results don't show that

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by AdamT View Post
    As predicted. The fact that economists disagree does not take into account the fact that MOST economists believe the New Deal has positive effects on the eocnomy.

    Here we go with the "MOST" agree meme....This is an elementary tactic that the only objective to use it is to stifle debate, and not have to debate differing points of view. It is pure Allenski tactic and should be dismissed at best, and taken as a concession of loss of argument in your part in the debate. Nice try though.


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    Re: CBO: Stimulus hurts economy in the long run

    QUOTE Conservative

    Yes, when it comes to Obama results they are projections and not accurate data as there is no source that provides saved jobs nor do projected economic results matter
    And I won’t be able to come up with a search of DP threads where you’re using the CBO report for justification of one of your post?

    Please cite for me the site that actually calculates saved jobs?
    it starts at page 11 of the CBO report i provided.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: CBO: Stimulus hurts economy in the long run

    Quote Originally Posted by treedancer View Post
    And I won’t be able to come up with a search of DP threads where you’re using the CBO report for justification of one of your post?



    it starts at page 11 of the CBO report i provided.
    Have at it, I have never accepted CBO numbers as accurate because of the very definition as to the role of the CBO. CBO is required by law to take the assumptions given it by Congress and if those assumptions are wrong they produce false results.

    Please understand the following: THERE ARE NO SITES THAT CALCULATE SAVED JOBS BECAUSE THERE IS NO WAY OF KNOWING IF A JOB WAS SAVED OR NOT BY A PARTICULAR ACTION

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    Re: CBO: Stimulus hurts economy in the long run

    Data from bls.gov shows that the stimulus worked:


    Private sector jobs gains/losses

    Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    2008 Gain/
    Loss
    4 -128 -87 -186 -240 -217 -265 -317 -434 -491 -787 -636
    2009 Gain/
    Loss
    -841 -721 -787 -773 -326 -438 -287 -215 -213 -250 -34 -102
    2010 Gain/
    Loss
    -42 -21 144 229 48 65 93 110 109 143 128 167
    2011 Gain/
    Loss
    94 261 219 241 99 75 156 17


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