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

  1. #241
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by Goldenboy219 View Post
    Again your error is in regards to time frame. Savings fuels long run growth.
    Yeah, kind of hard to take out a loan for a business when nobody's buying anything.

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

    Quote Originally Posted by Goldenboy219 View Post
    Again your error is in regards to time frame. Savings fuels long run growth.
    And the problem during a recession is that credit is hard to come by right? Well what would be the function of an increase in savings? With free banking, would that make loans easier to get again?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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

    Quote Originally Posted by misterman View Post
    Yeah, kind of hard to take out a loan for a business when nobody's buying anything.
    Quote Originally Posted by phattonez View Post
    I already told you and you agreed with me that not all companies are failing during a recession right?
    Don't be so sloppy with the way you describe the economy.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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

    Quote Originally Posted by misterman View Post
    So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?
    I answered your question, and your response is "so?"

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

    Quote Originally Posted by phattonez View Post
    And the problem during a recession is that credit is hard to come by right?
    No, actually, it's that people don't want credit because they aren't doing business because there aren't any customers.

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

    Quote Originally Posted by Jackboot View Post
    I answered your question, and your response is "so?"
    No, it was "So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?"

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

    Quote Originally Posted by misterman View Post
    Yeah, kind of hard to take out a loan for a business when nobody's buying anything.
    No it is not, many have to take out loans for payroll, so they can then hopefully survive the downturn. Unfortuanatley though, when the government has all the paper, this makes that all the more difficult.

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

    Quote Originally Posted by phattonez View Post
    Don't be so sloppy with the way you describe the economy.
    Excuse me. But I think you knew what I meant. Sorry for being not boring when I write.

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

    Quote Originally Posted by misterman View Post
    No, it was "So? They were wrong just like you are. Funny how they are all taking the money now. Why don't they just refuse it?"
    Some have, have they not?

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

    Quote Originally Posted by Jackboot View Post
    No it is not, many have to take out loans for payroll, so they can then hopefully survive the downturn. Unfortuanatley though, when the government has all the paper, this makes that all the more difficult.
    Is credit hard to get now because the government has all the paper though?

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