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Thread: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

  1. #11
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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Badmutha View Post
    Start out with attacking the messenger.....nice work.

    http://www.whitehouse.gov/sites/defa...rra_report.pdf....will straight from the Kenyan horse's mouth suffice?



    .....and at a taxpayer's cost of almost $300,000.00 per job......thank gawd the lsd enduced belief in Keynesian economics is coming to an end.



    So Obama's PORKULUS wasnt so much about creating jobs or stimulating the economy, as it was about postponing the unemployment of a bunch of liberal parasites.



    The Tea Party........America's last Hope.......
    .
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    If the tea party is the last hope, God help us all.

    Now, answer the question asked, which party would not have bailed out the banks, walstreet, the auto industry?


    Oh, and while you're at it, what is a job saved worth?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  2. #12
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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Deuce View Post
    Psst. Operating a particular employee costs more than just their salary.

    One could say it costs a $100 million to employ two airline pilots, right? They need a plane. You might pay a construction worker a decent salary but you also need to purchase supplies and equipment for him to do his job. The money going to purchase those supplies and equipment doesn't evaporate, there's a ripple effect. Purchasing the $100 million aircraft creates lots of jobs in our airline pilot scenario.
    If you're interested in actually stimulating the economy, cutting checks to people is a far better solution than creating more bureaucracy.

    The flow of money will increase faster, when there are more hands spending it.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Harry Guerrilla View Post
    If you're interested in actually stimulating the economy, cutting checks to people is a far better solution than creating more bureaucracy.

    The flow of money will increase faster, when there are more hands spending it.
    To some degree I agree with you. However, do you really think conservatives would accept that, especially since they would have be good size checks and not one time checks.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Boo Radley View Post
    To some degree I agree with you. However, do you really think conservatives would accept that, especially since they would have be good size checks and not one time checks.
    I've always been in favor of sending out $10k checks to people in the lower middle class and under.
    If it's for stimulus, but no most people would be against it.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by zimmer View Post
    Just in time for the 4th of July... and unLimited Government.
    Viva La Revolución! Viva! Viva!

    Isn't it embarrassing to have voted for DumBO?
    That's OK... I'm sure it was well meant, but you can correct this error by supporting DumBO's opposition... today.
    It's the American thing to do.

    .
    This is typical of the libs to throw money to fix ANY kind of problem.

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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Boo Radley View Post
    The Weekly Standard? I can't think of a reaosn why I would question anything there.

    And yes, if the government controlled the economy, they would be doing the hiring. They don't. So, they spent money to keep people working, for a short time, hoping that the forces that do control the economy would kick in. For those who kept their jobs, I suspect they are grateful. For Walstreet? Banks? The auto industry? Which party wouldn't have helped them? Let me know.
    This is great, we could all use a check for $278,000.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Boo Radley View Post
    If the tea party is the last hope, God help us all.

    Now, answer the question asked, which party would not have bailed out the banks, walstreet, the auto industry?
    The Tea Party..........

    If you feel the need to ask a third time........The Tea Party.


    Oh, and while you're at it, what is a job saved worth?
    If its saving a job to postpone unemployment for a few months......its not so much "worth" as it is "cost" isnt it?
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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by American View Post
    This is great, we could all use a check for $278,000.
    All you got to do is ask Obama and you'll get your check because "It's Obama's money"

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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Badmutha View Post
    The Tea Party..........

    If you feel the need to ask a third time........The Tea Party.




    If its saving a job to postpone unemployment for a few months......its not so much "worth" as it is "cost" isnt it?
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    The tea party doesn't have any representatives. They have republicans, and republicans did not oppose the bailouts.

    For those working, it helped. Here we kept people employed for a couple of years. They appreciated that. So, how much is a job worth? Worth is about how much will you pay for it. I suspect the answer depends a lot on who you ask. Those who kept woking who wouldn't have otherwise might answer differently than you will.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job

    Quote Originally Posted by Boo Radley View Post
    They appreciated that. So, how much is a job worth? Worth is about how much will you pay for it. I suspect the answer depends a lot on who you ask. Those who kept woking who wouldn't have otherwise might answer differently than you will.
    ...do you measure this on a happiness curve, or is there an appreciation index that can definitively tell us whether it's a rational policy decision? I'm not finding anything in my economics text.


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