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Thread: LA Times: Obama stimulus spending: $246,436 per new job

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by EpicDude86 View Post
    Then why not stick with something that has a higher success rate (Whatever that might be)?
    Yes, whatever might that be?

    It just seems to me like an unnecessary risk in a time where we can't afford to tank after taking a gamble like this...
    Perhaps we can't afford NOT to. If we sit in a recession for years and years, people sit at home instead of working to create wealth. The government will incur massive debt anyway because those people aren't paying taxes.

    The point of a stimulus is to get the economy moving again, now. It's temporary, and it should hopefully pay for itself in the long run, compared to the cost of doing nothing.

    Again, I hope it works, I'm not saying it is sure to work. I'm just explaining the theory.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    You need to go look up "multiplier effect."

    It isn't the government spending money in the multiplier effect, it's people who are earning money working those stimulus jobs. THOSE people are private citizens spending it however they want.
    I know what the multiplier effect is, give me a break. You could accomplish the same thing though just giving people money, so don't give me this multiplier effect stuff.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    Yes, whatever might that be?
    Let's start a think tank!! IDEAS! GO GO GO!

    Quote Originally Posted by misterman View Post
    Perhaps we can't afford NOT to. If we sit in a recession for years and years, people sit at home instead of working to create wealth. The government will incur massive debt anyway because those people aren't paying taxes.
    Then maybe the Government shouldn't be collecting taxes, or not near the rates it is collecting them at? And maybe it should stop "taking care" of so many people and just take care of the absolutely worst case scenarios. Not going to get into who's fault it is the Government's bill is so high, but it definitely could be lower and we could be happier (more responsible and self relient) people.

    Quote Originally Posted by misterman View Post
    The point of a stimulus is to get the economy moving again, now. It's temporary, and it should hopefully pay for itself in the long run, compared to the cost of doing nothing.
    I'm hoping the 3rd time's a charm...

    Quote Originally Posted by misterman View Post
    Again, I hope it works, I'm not saying it is sure to work. I'm just explaining the theory.
    Here's hoping...I just feel like there's something different we could be doing, ya know? Other than the same old bull**** that clearly has flaws and no definite success rate.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by EpicDude86 View Post
    They could, but it would be temporary. The government would have to create a self sustaining industry to create long term jobs. All these stimulus jobs are temporary jobs that won't last more than 2 years. Now, in those 2 years can someone use the income to try and score a better job, maybe, but I don't the Government isn't betting on this...
    The government can't do that. It hasn't worked, anywhere that it's been tried.
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    The government can't do that. It hasn't worked, anywhere that it's been tried.
    I forget who it was, but someone on the forum suggested that the government get in on an upcoming industry the likes of Automobile, Computer, and .Com. Then he/she suggested Space Travel be that industry.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by phattonez View Post
    I know what the multiplier effect is, give me a break.
    You don't seem to.

    You could accomplish the same thing though just giving people money, so don't give me this multiplier effect stuff.
    So you're saying we could have a multiplier effect by giving people money or with stimulus jobs?

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by EpicDude86 View Post
    They could, but it would be temporary. The government would have to create a self sustaining industry to create long term jobs.
    No it doesn't. Temporary jobs are just fine. They jump-start the economy. Once it is healthy again, it will sustain itself. The temporary jobs will create permanent jobs.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by EpicDude86 View Post
    Then maybe the Government shouldn't be collecting taxes, or not near the rates it is collecting them at? And maybe it should stop "taking care" of so many people and just take care of the absolutely worst case scenarios. Not going to get into who's fault it is the Government's bill is so high, but it definitely could be lower and we could be happier (more responsible and self relient) people.
    Maybe. But right now we are in a crisis.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    No it doesn't. Temporary jobs are just fine. They jump-start the economy. Once it is healthy again, it will sustain itself. The temporary jobs will create permanent jobs.
    Let's hope it goes over better and smoother than the New Deal...though I suppose we don't have a World War to get in the way...though there still might be a "Conservative Coalition"

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    Maybe. But right now we are in a crisis.
    I guess desperate times call for desperate measures...I just don't like the idea that I could get royally ****ed because some suits guessed wrong and let their political affiliations and 6 digit salaries get in the way of making the best decision.

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