It is funny how since I am looking at the numbers from year to year since 2010 and acknowledging that our economy is improving all the sudden so many of you auto assume I worship obama and i am suddenly a super liberal. You people need help. Apparently you think comprehension of data and not lying and being selective about the info one acknowledges makes a person a super liberal obama worshipper. Does that really make sense to you guys?
So tell me again how superior your macroecon understanding is......after you actually respond to what I posted.
Well, you are not even going to touch on what the con/libertarian solution might be, and instead revert back to responding, sort of, to the first half of my post. The ARRA did save a whole lot of jobs......but that was a part of what it did, it was mostly tax relief to low/middle income earners and that also did have a multiplier effect, well documented. If anyone said they had a real idea just how bad things were going in Jan 09, where we would end up, they didn't. $237B in grants for a $14T economy was not going to do that, most knew it had no chance of turning the ship around, creating 2 to 4 million jobs helped, but it was not enough.Us guys? Look pal I'm a United States citizen and I'm concerned about the future of my country. This isn't a game to me. Unemployment is going up. Massive trillions in debt. Massive tax hikes and the poor and middle class. Mandates that violate the Constitution. Massive Government overreach. Massive expansion of the executive branch as Obama arrogantly ignores the restraints of the Constitution.
Obama promised unemployment RIGHT NOW would be 5.6% if he was allowed to ram his stimulus down our throats. The neo keynesian stimulus that was supposed to be this benevolent Government Program was supposed to put people back to work. It didn't though. Like all centrally planned solutions, it failed miserably.
So again, you avoid talking about what would work to mainly focus on rhetoric...seems like that is what you prefer. Thats cool, it is just ironic complaining about my lack of reality based discussion while you are doing it.
Liberals - Punish the Successful, Reward the Unsuccessful
Liberals - Tax, Borrow, Spend, and Give Free Stuff
Obama's legacy - National Debt / Credit Downgrade / Obamacare Failure / Economic Failure / Foreign Policy Failure / Liar of the Year Award / The Rise of ISIS
Spending at the fed level has grown at the lowest rate since Eisenhower, it is the lack of revenue that had caused the increase in debt. So if you want more revenue, you still have to tax and find a way to increase GDP. You don't increase GDP by laying off people, and you want to pay down debt when revenue and GDP are up. We have seen increases in debt during recessions, again, Reagan spent like crazy to get the economy going, so did W. You guys don't mind that....apparently when the tax dollars are spent on weapons that either rot or get buried in some desert. And you are quick to blame this POTUS for weak economic activity...after a huge crash....that he did not cause.
If I saw some consistency in this ideology, then it might make sense. The only thing that makes sense is a whole lota amnesia and big dose of rw rhetoric.
Wake up, try to remember our history.