CBO: Stimulus saved between 5 to 25 million jobs

[Mr. Shaman]

good grief. between 5to 25 million..

couldn't they come UP WITH A NUMBER or are we suppose to pick one.

So yeah sure...I believe it, really..

We could always rely on the official Republican estimate........zero

....Except when THEY handed-out the check$!!!!!

*

[ame=http://www.youtube.com/watch?v=w894xqReOdo]Rachel Maddow Exposes Republican Hypocrisy For What It Is......BS.flv - YouTube[/ame]​

 

[Sundial]

Sorry to ruin your day.

Presdient Obama couldn't lead his daughters into the kitchen.

But, if this were the case (which it isn't), President Obama would be getting congress to cede some of its powers to him by default. That would be in direct oppostion to the Constituion and the separation of powers.

What do you have Chris ? A strong leader who is a traitor or a milquetoast who does not know any better ?

Either way.....I am sending him a sweatshirt that says "One-Termer" on it.

Obama solved the deficit problem by taking Congress out of the equation.

Good job, Obama.

President Obama is a constitutional scholar lol:) which means he is an expert at getting around it.

Good job President Obama.

Still waiting for that chart on unemployment.

And his approval ratings.

What chart are you waiting for? In my experience, you guys demand evidence, and when it's provided, you reject it...

 

[Truthmatters]

the stimulus saved jobs by every estimnation.


It worked and you guys have been repeting the lie that is didnt work for years now

 

[Mr. Shaman]

the stimulus saved jobs by every estimnation.


It worked and you guys have been repeting the lie that is didnt work for years now

Whew!!

The White Wingers surely did scatter, on this one!!

​

 

[Chris]

the blind partisan attacks on any good news for the American people.

the right pleads for US failure

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

 

[Stephanie]

the blind partisan attacks on any good news for the American people.

the right pleads for US failure

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

The American people aren't buying this. If they were, the Obama's approvals would be higher than they are now when he repeats this lie

 

[USArmyRetired]

the blind partisan attacks on any good news for the American people.

the right pleads for US failure

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

Just what jobs bill has the democrats put forth?

 

[Listening]

the stimulus saved jobs by every estimnation.


It worked and you guys have been repeting the lie that is didnt work for years now

The two don't necessarily equate and you are moron for continuing to perpetuate that falsehood.

 

[Listening]

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

Maybe your America.

And that is what makes the left so disgusting. They think that they know it all. It has to be their way and if you don't like it...you are a traitor.

News Flash: We live here too. And we have the same rights you do. And we will vote for who we want when we want and there isn't anything you can do about it.

And if that means filling congress with the Tea Party, then get ready to start living on your own sweat.

 

[Oldstyle]

the stimulus saved jobs by every estimnation.


It worked and you guys have been repeting the lie that is didnt work for years now

Of course it "saved" jobs, TM...we temporarily saved lots of jobs in the Public Sector which are now being lost because the "stimulus" didn't stimulate the Private Sector which is where the revenue to PAY for Public Sector jobs comes from. Now that the stimulus money is gone we're right back where we started from...except a trillion dollars further in debt. Hence the need for "Stimulus II" otherwise known as the Obama "Jobs Bill". When someone tries to sell you the same product that didn't work the last time you bought it...the first thing they usually do is to change the name to something that "sounds" completely different.

This is pretty basic economics stuff, kiddies.

Let's be really honest with ourselves here...who thinks the whole "jobs saved" thing is the biggest bunch of grade A bullshit to be sprung on the public in a long, long time? Come on...let's just make up a new economic statistic...one that can't be quantified and that we can use to REALLY confuse ourselves on whether or not we're making progress. Only in Washington would something like this be acceptable. Trying to pull this anywhere else would get you laughed at.

 

[Oldstyle]

the blind partisan attacks on any good news for the American people.

the right pleads for US failure

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

Kindly explain the dozen bills that the Republican House has passed and sent to the Democratically controlled Senate only to have Harry Reid sit on them. Who's REALLY the party of "no" since 2010?

 

[thereisnospoon]

President Barack Obama’s 2009 economic stimulus bill which was passed in Congress during the first month of his Administration and which received opposition from all but three Congressional Republicans has thus far resulted in the employment for 5 million or more Americans according to the Congressional Budget Office’s 2011 third quarter ARRA accounting report released on Tuesday.

“The American Recovery and Reinvestment Act” (ARRA) was passed and enacted in February of 2009 and contained approximately $800 billion in stimulus programs, tax cuts and tax incentives to help the economy, which at the time was losing almost one million jobs a month.

In the CBO report, “Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from July 2011 Through September 2011,” a breakdown by year shows that the ARRA created or saved from 5 million to 25.4 million jobs from March 2009 through September 2011, as follows:

2009:a low estimate of .9 million jobs to a high estimate of 3.6 million jobs
2010:a low estimate of 2.6 million jobs to a high estimate of 13.2 million jobs
2011:a low estimate of 1.5 million jobs to a high estimate of 8.6 million jobs

In addition, according to the CBO, the stimulus is expected to help create or save another .3million to 2 million jobs in the fourth quarter of 2011, another .8 million to 4.6 million jobs in 2012.

CBO states Obama economic stimulus created or saved 5 million or more jobs - National liberal | Examiner.com

even the lowest estimations are 700,000 jobs.

That would have sent us into a full blown depression if those jobs had not been saved.

Genius....NONE of those jobs exist anymore. Once the stim money ran out, the grants, the municipal jobs....all gone.
One thing you lefties and Obama sycophants cannot escape are the real unemployment numbers. That is the government's version and the actual version.
You cannot escape Obama's claim that current unemployment levels are "the new normal". Nor can you escape the absence of shovel ready projects. You cannot get away from the suffering private sector.
Real unemployment is twice the government rate of 9.1%. That includes people who's unemployment bennies have expired, people who have given up looking for work and people who have taken to temporary jobs working for agencies and as day laborers.
And let us not forget the underemployed.

 

[thereisnospoon]

his bill isnt passing because the republicans dont watn the country to recover.

And the democrats that are bailing on the president's jobs bill?
Are they guilty of not wanting the economy to improve as well?
Oh, with stim one and stim two, in what ways did the economy improve?
BTW, answers such as " it would have been worse" and "at least he did something" are unacceptable.
You stated very clearly the stim worked and the economy improved.
Now you will support said claim with facts. And DO NOT post someone else's opinion. Or yours. FACTS ONLY.
Have at it, cookie.

 

[thereisnospoon]

the blind partisan attacks on any good news for the American people.

the right pleads for US failure

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

Right. Look, while government can create 'make work' government temporary jobs at a very high cost to the taxpayer, real employment resides in the private sector.
Government does not and will not ever create private sector employment.
The latest Obama jobs bill proposal is nothing more than a slush fund for politicians in need of votes. There are no specific pathways for that money to make it to the private sector. The first two stim bills went to prevent government worker layoffs and fund grants.
There have been ZERO positive results. Precisely why Obama wants more appropriations.
He needs the bill to pass so that House members can carry news of money 'coming your way' to their constituents. In other words, this is nothing but a political move to save vulnerable democrat held Senate and House seats.
This jobs bill is also an end around tax increase.
Tell ya what, if Obama stripped the tax increases out of his jobs bill, it might just pass. That is as long as there are significant spending cuts in the bill.
With the tax increases and additional regulations, Obama ain't getting shit.
For crying out loud Obama has many democrats going off the reservation on this bill. They do not wish to go back their respective states and districts with news of a tax increase. Especially with a pissed off and fickle electorate...

 

[The T]

the blind partisan attacks on any good news for the American people.

the right pleads for US failure

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

Kindly explain the dozen bills that the Republican House has passed and sent to the Democratically controlled Senate only to have Harry Reid sit on them. Who's REALLY the party of "no" since 2010?

The Statists are hoping that the people will forget and not look at it and buy into the preconceived 'Republicans are at fault and have suggested nothing'...

 

[Chris]

The current financial crisis is not all Phil Gramm's fault. Who says? Well, Phil Gramm says. Big surprise. But in a lengthy defense of his record and analysis of the current mess Friday afternoon in Washington, Gramm did allow that it might be at least a teeny bit his fault. Call it the beginning — maybe — of the nuanced consideration of the causes of the crisis that was impossible during the fall election campaign.

As chairman of the Senate Banking Committee from 1995 through 2000, Gramm was Washington's most prominent and outspoken champion of financial deregulation. He played the leading role in writing and pushing through Congress the 1999 repeal of the Depression-era Glass-Steagall Act that separated commercial banks from Wall Street, and he inserted a key provision into the 2000 Commodity Futures Modernization Act that exempted over-the-counter derivatives such as credit-default swaps from regulation by the Commodity Futures Trading Commission (CFTC)

Phil Gramm Says the Banking Crisis Is (Mostly) Not His Fault - TIME

 

[Truthmatters]

And right after it passed he went to work for UBS

 

[thereisnospoon]

They are doing more than that.

The Republicans in Congress are blocking every jobs bill to try to make the economy worse.

They are traitors to America.

Kindly explain the dozen bills that the Republican House has passed and sent to the Democratically controlled Senate only to have Harry Reid sit on them. Who's REALLY the party of "no" since 2010?

The Statists are hoping that the people will forget and not look at it and buy into the preconceived 'Republicans are at fault and have suggested nothing'...

The point most people miss is the fact that no matter what Congress does it is immaterial. Pass or don't pass. No government action other than getting out of the way of free enterprise, nothing will change.

 

[ba1614]

Kindly explain the dozen bills that the Republican House has passed and sent to the Democratically controlled Senate only to have Harry Reid sit on them. Who's REALLY the party of "no" since 2010?

The Statists are hoping that the people will forget and not look at it and buy into the preconceived 'Republicans are at fault and have suggested nothing'...

The point most people miss is the fact that no matter what Congress does it is immaterial. Pass or don't pass. No government action other than getting out of the way of free enterprise, nothing will change.

Exactly, nothing but the debt meter changes

 

[The T]

Kindly explain the dozen bills that the Republican House has passed and sent to the Democratically controlled Senate only to have Harry Reid sit on them. Who's REALLY the party of "no" since 2010?

The Statists are hoping that the people will forget and not look at it and buy into the preconceived 'Republicans are at fault and have suggested nothing'...

The point most people miss is the fact that no matter what Congress does it is immaterial. Pass or don't pass. No government action other than getting out of the way of free enterprise, nothing will change.

100% agreed.