Your analysis lacks the substance to debunk anything i have stated. I have never been to the Daily Kos website, so please try and stay relevant and not make simplistic assumptions that do not pertain to this discussion.
Projection much?
I gave you at a minimum half a dozen links to studies/reports/MSM articles refuting all your pathetic talking points. You have provided no sources. You have provided no analysis.
Your response was to ignore every source and continue this ridiculous talking point that Obama didn't spend enough money, the Government is a better investment banker than the private sector, and you have had no response in regards to the Opportunity Costs and Negative Externalities associated with massive Government Spending, such as rising commodity prices, which we have been seeing on the rise for 4+ years as millions upon millions of Americans slip deeper into poverty, and a devaluation of our currency in the long term. All that massive Government Spending really is, is a shifting of resources. There is no net gain. That's why the Stimulus was such a train wreck.
You can't refute THE FACT that people who are on welfare/unemployment receive their income from the Government, which in reality gets that money through wealth redistribution. There is no productivity/labor associated with their income. They use the money for necessities they would have purchased anyways to stay alive had they been employed, which means there is no multiplier effect in regards to welfare spending.
It's a wash. otherwise Spain and Greece would be the leading Economies in the world and all Obama would have to do to create utopia would be print/borrow a gazillion dollars, mint endless trillion dollar coins, and make everyone unemployed forever. The unemployed aren't taking their small unemployment checks and investing that money, in turn creating more opportunities for wealth creation. They don't use that money to hire people, create businesses.
Consumption is the sole end and purpose of all production - Adam Smith
Our Economy has a Productivity and Trade Problem. Not a Demand and Supply problem. This notion that we need to borrow and spend spend spend is a fantasy. Our Economy needs PRODUCTIVITY AND TRADE which means JOBS. Not endless welfare and entitlement spending.
US trade deficit hits seven-month high as exports stay low — RT
The US trade deficit widened to $48.7 billion in November as visible imports grew by 3.8 percent and far outpaced the number of exports, thereby slowing the growth of the US economy and bringing the trade gap to a seven-month high.
It's been a proven FACT that FDR's Economic Policies extended the Great Depression. New research shows that there is little if any benefit to massive Government Stimulus Spending
In Search of the Multiplier for Federal Spending in the States During the Great Depression
If there was any time to expect a large peace-time multiplier effect from federal spending in the states, it would have been during the period from 1930 through 1940. Interest rates were near the zero bound, and unemployment rates never fell below 10 percent and there was ample idle capacity. We develop an annual panel data set for the 48 states from 1930 through 1940 with evidence on federal government grants, loans, and tax collections and a variety of measures of economic activity. Using panel data methods we estimate a multiplier, defined as the change in per capita state economic activity in response to an additional dollar per capita of federal funds. The state per capita personal income multiplier with respect to per capita federal grants was around 1.1. Some point estimates for multipliers for nontransfer grants and nonfarm grants were higher but not statistically significantly different from one. There is some evidence that AAA farm grants had negative or no effect on personal income. Federal grants had stronger effects on consumption than on personal income, but they had no positive effect on various measures of private employment.
Obama's Economic Team predicted we'd be at around 5% Unemployment if we passed his failed stimulus which used every Keynesian fallacy you represent. Didn't happen.
Unemployment Rate Projections - Business Insider
So instead of a population gainfully employed (As you pointed out happened during the Bush years. The irony is palpable) we have trillions more in new debt, and an economy that is barely keeping up with Population Growth (if even that). These are economic statistics that you have admitted to IN THIS THREAD, yet you still laughable are sitting on your house of cards. It doesn't pass the laugh test.
Here is the Economic Reality this country is facing right now. Pay attention and get educated:
1. 47 million Americans are on Food Stamps. That number was 32 million in 2008. In 1970 1 out of every 50 families was on Food Stamps. Under Obama that number is 6.5
2. A million children in the Public School System are homeless. A 50% rise since 2007.
NLCHP.org
3. Median Income has dropped 4 years in a row
4. Families with a head of household under age 30 have a poverty rate of almost 40%.
5. The percentage of working age Americans with a job has been under 59% for 39 straight months. This is AFTER Obama's Stimulus and Omnibus Spending bills were signed into law
6.
In Sept 2009 58.7% of working age Americans were employed. 4 years later guess what. It's the exact same % basically. This is after Obama has borrowed/printed/spent nearly 6 trillion and Harry Reid refuses to pass a budget. Lemme guess, Bush's fault right? No net gain in jobs. No multiplier effect. No net increase in % of Americans employmed after trillions in Government Spending.
http://research.stlouisfed.org/fred2/data/EMRATIO.txt
7. More than 100 million Americans who are of working age DO NOT HAVE A JOB
8. Obama predicted 4.2% GDP next year. The rosiest of projections puts it at 2.5%
9. The US Economy is on the decline globally
A Look Behind the U.S. Decline in Global Competitiveness - NYTimes.com
10. 5 million less manufacturing jobs since 2000
http://research.stlouisfed.org/fred2/data/MANEMP.txt
11. A shrinking middle class
The middle class falls further behind - Aug. 22, 2012
12. 55% of small businesses would not start their businesses today. Blame Obama
55 percent of small business owners would not start company today, blame Obama | WashingtonExaminer.com
13. Obama issues 216 billion in regulations last year.
Report: Obama officials issued $216 billion in regulations last year - The Hill's RegWatch
14. Middle Class Household Spending is on the decline
Middle class suffers 'worst decade in modern history,' report says | Fox News
15. 1 out of 4 jobs in this country pays 10 bucks an hour
16. Obama is spending 5.60$ for every 1$ of actual real wealth generated in the private economy. He has to borrow/print the rest
17. Obama has to borrow 46 cents for every dollar he spends
I could produce dozens of economic statistics from MSM sources and it wouldn't matter. You will just continue to toss out simplistic taking points, red herrings/strawman/obfuscate/deflect/blamebush ect. and pretend you know what you are talking about when you don't.
