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Thread: Where Did the Stimulus Go?

  1. #31
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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by Whovian View Post
    Where Did the Stimulus Go?
    It went to prevent this from happening again:

    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Where Did the Stimulus Go?

    As far as I understand, the biggest problem with the stimulus is that it went to more long-term projects (like building of infrastructure) instead of short-term. So less jobs were created immediately, though we will benefit from the stimulus over the long haul. I listen to conservative talk radio sometimes, and this was their biggest complaint about it when it came out.

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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by ashurbanipal View Post
    One does not preclude the other.



    You might indeed, but you'd be wrong to do so.



    First--we do not have a liberal government. We don't have a conservative government either. Second, it's not as simple as you claim. At least as bad as what you mention is the promotion of a highly competitive and materialistic attitude.
    Lets go with Nanny Statist government then. Place it where you will on the political spectrum........its left field to me and the founders.

    I agree, but not for the reasons you do. The government is a part and product of the whole--the government is a microcosm of the people. Not that it must be so. It's just that, in our case, it is so.
    If that were true....the government would be comprised of 52% Conservatives--49% Independents--19% Liberals. A government that controls every aspect of our economy and society dictates the product.


    Sure, but again, you're treating it as a separate entity. It's anything but.
    Its a seperate entity that resides and operates in Imaginationland



    First, we don't have a free market. And we shouldn't.

    Second, you're comparing apples to oranges. What do you think would happen if governments all over the world stopped collecting taxes entirely?
    The biggest economic boom and advancement of humanity the planet has ever seen........


    Far less, but why is that relevant? The original point of the article was to show that the stimulus spending was going for frivolous stuff. I responded that it had created or saved jobs, and that even though the results may be perceived by some as frivolous, that's hardly important since it's a fact that frivolous things do create employment. Plenty of people are gainfully employed in frivolous pursuits (like marketing plastic pumpkins). In short, the frivolity of the project does not make a good criticism.
    And even if you believe it has......AT WHAT COST?

    At what figure would you say government created or saved jobs act as a detriment rather than a benefit?

    $1,000,000.00 per job? $500,000.00 per job? $200,000 per job?

    I'm fairly sure they do, though indirectly. Businesses hire people to manage a share in the market. Where the market is softening, businesses fire people. Where the market is strengthening, they hire. That's the theory anyway; the actual situation is more complex. But unemployment checks are money that is spent on things like gas, groceries, mortgage payments, etc.--and the companies doing the selling all employ people. Without that money, those businesses would be laying people off. Where the market is sustained long enough and more revenue is generated, that will typically result in hiring.
    Except nowhere in the theory stated, is there an explanation of where the money ultimately comes from. If we lived in a world of money trees, perhaps that theory would have merit, unfortunately we do not. And employers paying people not to work, has never created a single job in the history of mankind

    The dislocations in our economy go back a long way. Their most immediate causes lay in some very poor decisions made in the 70's and 80's. But it can be traced back much farther than that.



    No, that doesn't follow.
    Well follow this.........Almost 2 eyars after THE LARGEST SPENDING BILL IN THE HISTORY OF THE WORLD.......we saw a whopping 36,000 jobs created last month.

    R.I.P......any notion of Government "creating jobs" or government stimulating an economy via MASSIVE GOVERNMENT SPENDING.
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  4. #34
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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by Catawba View Post
    It went to prevent this from happening again:

    Hoax........



    ....and Change.

    Unemployment Rate Since Obama's "Stimulus/Jobs" Bill



    Unemployment was 17% prior to FDR's Raw Deal..........and 17% 5 years after the Raw Deal.......

    ......what was prevented then......what was prevented today?
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    Last edited by Badmutha; 02-04-11 at 05:37 PM.

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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by whysoserious View Post
    As far as I understand, the biggest problem with the stimulus is that it went to more long-term projects (like building of infrastructure) instead of short-term.
    So much for "shovel ready" huh?

    So less jobs were created immediately, though we will benefit from the stimulus over the long haul. I listen to conservative talk radio sometimes, and this was their biggest complaint about it when it came out.
    Well here we are almost 2 years later........with a whopping 36,000 jobs created last month.

    Exactly how long a haul is it?
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  6. #36
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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by Badmutha View Post
    So much for "shovel ready" huh?



    Well here we are almost 2 years later........with a whopping 36,000 jobs created last month.

    Exactly how long a haul is it?
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    As I recall when it came out they said about 5 years - but I could be wrong. It was pretty long. A lot of it is up to the states I believe. For instance, North Carolina is building a high-speed train with the money.

    The project is underway, but these things take quite a long time to even get moving.
    Last edited by whysoserious; 02-04-11 at 05:43 PM.

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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by whysoserious View Post
    As I recall when it came out they said about 5 years - but I could be wrong. It was pretty long. A lot of it is up to the states I believe.
    Well according to Obama--A president who has never even ran a lemonade stand..... and his team of economic illiterates.....the impact of PORKULUS was going to be felt right away......as their own graph shows.



    .....and two "Summers of Recovery" later........it seems to have made things worse if anything.


    For instance, North Carolina is building a high-speed train with the money.
    A high speed train to nowhere........
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  8. #38
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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by Badmutha View Post
    Well according to Obama--A president who has never even ran a lemonade stand..... and his team of economic illiterates.....the impact of PORKULUS was going to be felt right away......as their own graph shows.



    .....and two "Summers of Recovery" later........it seems to have made things worse if anything.




    A high speed train to nowhere........
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    Nice job Ross Perot.

    *Edit:

    And no, the train is to D.C.. I am pretty excited about it!
    Last edited by whysoserious; 02-04-11 at 06:02 PM.

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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by whysoserious View Post
    Nice job Ross Perot.

    *Edit:

    And no, the train is to D.C.. I am pretty excited about it!
    Well decades of Amtrack later......operating at a loss of over $30/ per passenger.......

    .......I would say your probably one of the few people excited about it.
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    Re: Where Did the Stimulus Go?

    Quote Originally Posted by Badmutha View Post
    Well decades of Amtrack later......operating at a loss of over $30/ per passenger.......

    .......I would say your probably one of the few people excited about it.
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    That's because we have one of the most underdeveloped track systems compared to the rest of the developed world. Like Obama said in his SOTUA, we were graded a D- on our infrastructure. Why would anyone take a train when it is slow and does not go to the destination they want?

    This train will be awesome. I will take it often, as I am sure many will. NC to DC, DC to NY. I will be good for the environment, less on fuel, cheaper on the wallet, and fast.

    Why are you upset at us catching up with the rest of the world?

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