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Economists: The stimulus didn't help

The stimulus has failed to get peopled working again. Hundreds of billions of dollars spent and millions have no job.

And nothing has been done to make sure this doesn't happen again.
 
The stimulus has failed to get peopled working again. Hundreds of billions of dollars spent and millions have no job.

Yet millions more might have no job without the stimulus.

And nothing has been done to make sure this doesn't happen again.

That's true, and outrageous. We'll see if financial reform grows teeth.
 
POLITICALLY, the stimu...

i mean, POLITICALLY the RECOVERY ACT is a demonstrable dud

just LAST WEEK---while the gulf was gushing goo---mr obama made his SECOND TRIP to IOWA this year, this time to sell the stimu...

i mean, to sell the RECOVERY ACT

In Greeting Iowa Voters, Obama Focuses on Finances - NYTimes.com

his own poor, put out employees are apparently not permitted to bespeak the profanity

etc

there is little argument that POLITICALLY the stimu...

the RECOVERY ACT is a LOSER

it's probably because its BIG PICTURE ECONOMICS have been so ineffective

he said unemployment would cap at 8% with its passage, the point of the problem
 
the main AUTHOR of the stimu...

i mean, the major ARCHITECT of the RECOVERY ACT, david obey (pronounced obie) QUIT today

David Obey won't seek reelection - David Rogers - POLITICO.com

!!!

that's a beltway BOMBSHELL!

OBEY quitting is clearly as BIG as the RESIGNATIONS of evan bayh and byron dorgan

far more SIGNIFICANT than the departures of patrick kennedy, robt wexler, neil abercrombie...

obey WAS house appropriations for, like, ever

he's been in the house for more than FORTY YEARS

a very SERIOUS blow to LEADERSHIP is his departure

in november he SLAMMED the admin for all those phony jobs and phantom districts in the stimu...

i mean, in the RECOVERY ACT

David Obey Slams Obama Administration for Errors in Reporting Stimulus Job Gains

probably cuz obama and buddies made obey look so dumb, being author of the stimu...

bid obey a bighearted goodbye
 
The stimulus has failed to get peopled working again. Hundreds of billions of dollars spent and millions have no job.

And nothing has been done to make sure this doesn't happen again.

So your reasoning is that because unemployment isn't 0%, it "failed?"
 
No one knows what would have happened without the stimulus.....the unemployment comp extensions, tax credits and cuts and money for the states. We might have fallen into another great depression..........and we still might. Then they would have been crucified for doing nothing. Remember the stimulus was Bernanke's idea and Bush started it in the spring of '08.
 
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are you predicting 8%?

LOL!

however, good call

first friday of month, excellent
 
Promised? I don't think so. Claimed? Maybe.

what's a presidential "claim" if not a "promise?"

LOL!

actually, he "said" it, is what he did

bottom line
 
what's a presidential "claim" if not a "promise?"

LOL!

actually, he "said" it, is what he did

bottom line

Bottom line?
So? Is it the first claim by a president that didn't come true? Hell, Bush claimed the economy was sound right before it crashed and burned. Didn't he also claim that Iraq had stockpiles of WMDs? Presidential promises don't mean diddly.

[nomedia="http://www.youtube.com/watch?v=PJu57ZbIFKA"]YouTube- Bush Touts Stimulus Package During KC Visit[/nomedia]
 
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Bottom line?
So? Is it the first claim by a president that didn't come true? Hell, Bush claimed the economy was sound right before it crashed and burned. Didn't he also claim that Iraq had stockpiles of WMDs? Presidential promises don't mean diddly.

YouTube- Bush Touts Stimulus Package During KC Visit

USA, what do you believe an acceptable unemployment rate would be 1 1/2 years after an 842 billion stimulus plan was passed? It was 7.6% when he took office.

Then tell me exactly what you think the role of the Congress was in this crisis since we do not elect a King. The argument that it was worse than we thought seems to me passing the buck and ignoring the Congressional responsibility. Why wouldn't the Congress know what was happening in the country?
 
Is it the first claim by a president that didn't come true?

of course not

but it was a BIG one

LOL!

and it was made by THIS president
 
Economists say the stimulus didn't help - Apr. 26, 2010

Surely to be followed by a "it wasn't big enough" response from the far left. A majority of economists believe that this debt monster failed to provide the boost that was promised.

They've only used 1/3 of the stimulus package, and those economists must know it, so why are they playing this silly game? Getting the money to the company who will do the most good takes months of investigation, sometimes years.

ricksfolly
 
They've only used 1/3 of the stimulus package, and those economists must know it, so why are they playing this silly game? Getting the money to the company who will do the most good takes months of investigation, sometimes years.

ricksfolly

What did Obama say in promoting the Stimulus bill? Did he tell you that it would take years and if so post that quote?

He we are 1 1/2 after passage so tell me what your expectations were as far as unemployment, economic growth, the deficit, and the debt?

With only 1/3 of the stimulus spent, does it bother you that the deficit for this fiscal year will still be 1.6 trillion dollars?
 
I'm surprised at you Prof. Surely You must know that Obama can only suggest and appeal to the crowd. Congress enacts all the policies and laws.

ricksfolly


:rofl unless of course when Bush was in the WH, right? Everything that happened to cause the financial crisis was Bush's fault but now it is Congress' fault for the failure of Obama to keep promises. I'll bet you don't even know how stupid your comments were.
 
Interesting how the same people that called Bush a liar ignore the Obama lies. Not one Obama supporter will answer direct questions or respond to posts like yours but instead will ignore your posts and continue to buy the Obama rhetoric ignoring what he is doing.

Probably because they know it's a farce, that Obama can't do anything but suggest, that the Congress makes all the laws.

ricksfolly
 
Probably because they know it's a farce, that Obama can't do anything but suggest, that the Congress makes all the laws.

ricksfolly

Except of course when Bush was in the WH, Democrats controlled Congress then it was all Bush's fault, right? Listened to Obama still in campaign mode?
 
Except of course when Bush was in the WH, Democrats controlled Congress then it was all Bush's fault, right? Listened to Obama still in campaign mode?
>>

I have no anamosity toward Bush or any other president. They did what they had to do to keep their political bases together. Sometimes it works, other times it doesn't.

ricksfolly
 
>>

I have no anamosity toward Bush or any other president. They did what they had to do to keep their political bases together. Sometimes it works, other times it doesn't.

ricksfolly

Actually your point was right, it is the President AND the Congress that created the mess with more emphasis on what the Congress does that drives the economy. The President can only request.

Today however we have both a Democrat Controlled Congress and a Democrat President. the Democrat President is requesting and Congress is authorizing and that is generating the results we have right now which isn't a pretty picture.
 
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