CBO: Stimulus saved between 5 to 25 million jobs

gdp_recov.png

Can't post them enough Chris ?

We would not want your world to collapse because you have to admit that even Obama's minions indicated that the impact of the stimulus would not be felt for some time. So your cause and effect are not at all connected.

Now...now...don't cry.

You won't be the first or the last to learn your efforts and faith are all going to be flushed in about 12 months.
 
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
So rthe cbo is either lying or you are. Either way...BULL$%$#!!!
 
Putting a band aid on a shark bite doesn't work, dipshit........

Oh, liberals don't look at the whole bite. If most of it is concealed, they just put a few bandaids on the exposed parts and tell everyone it is O.K.

Meanwhile he victim bleeds to death.

It's the liberal way.

Look at the supercommittee failure.
 
Putting a band aid on a shark bite doesn't work, dipshit........

Oh, liberals don't look at the whole bite. If most of it is concealed, they just put a few bandaids on the exposed parts and tell everyone it is O.K.

Meanwhile he victim bleeds to death.

It's the liberal way.

Look at the supercommittee failure.

Without the super committee, the spending cuts start automatically in January of 2013.

When the Bush tax cuts expire in December of 2012, Obama won't allow them to be renewed.

Spending cuts + a return to the old tax rates = deficit reduction.

Congress has been taken out of the equation. No treasonous Tea Party/Republicans to mess things up.

An absolutely brilliant move by Obama.
 
Putting a band aid on a shark bite doesn't work, dipshit........

Oh, liberals don't look at the whole bite. If most of it is concealed, they just put a few bandaids on the exposed parts and tell everyone it is O.K.

Meanwhile he victim bleeds to death.

It's the liberal way.

Look at the supercommittee failure.

Without the super committee, the spending cuts start automatically in January of 2013.

When the Bush tax cuts expire in December of 2012, Obama won't allow them to be renewed.

Spending cuts + a return to the old tax rates = deficit reduction.

Congress has been taken out of the equation. No treasonous Tea Party/Republicans to mess things up.

An absolutely brilliant move by Obama.

Let's hope that is the case....it will ensure his early return to Chicago.

Mr. Brilliance will be lucky to score a bus ticket much less a plane ticket.

Maybe you can help him pick out a house from the holdings of his slumlord adviser Valerie J.
 
Congress has been taken out of the equation. No treasonous Tea Party/Republicans to mess things up.

Nice to know our tax dollars did such a good job of buying an education in civics too.

You are a fraud.
 
Congress has been taken out of the equation. No treasonous Tea Party/Republicans to mess things up.

Nice to know our tax dollars did such a good job of buying an education in civics too.

You are a fraud.

When people start hurling insults, it means they have no ideas left.

Just stating the facts. You obviously don't understand how the system is supposed to work and think our President is brilliant for taking it out of the hands of the officials elected to represent us.

BTW: When people post the same tired useless graphs all time, it is an indicated they never had a clue to begin with.
 
Nice to know our tax dollars did such a good job of buying an education in civics too.

You are a fraud.

When people start hurling insults, it means they have no ideas left.

Just stating the facts. You obviously don't understand how the system is supposed to work and think our President is brilliant for taking it out of the hands of the officials elected to represent us.

BTW: When people post the same tired useless graphs all time, it is an indicated they never had a clue to begin with.

Obama was elected by more people than anyone in Congress.

I think you don't understand the system.
 
When people start hurling insults, it means they have no ideas left.

Just stating the facts. You obviously don't understand how the system is supposed to work and think our President is brilliant for taking it out of the hands of the officials elected to represent us.

BTW: When people post the same tired useless graphs all time, it is an indicated they never had a clue to begin with.

Obama was elected by more people than anyone in Congress.

I think you don't understand the system.

Incredible response.

It just shows you don't understand the constitution.

But, we already knew that.
 
Just stating the facts. You obviously don't understand how the system is supposed to work and think our President is brilliant for taking it out of the hands of the officials elected to represent us.

BTW: When people post the same tired useless graphs all time, it is an indicated they never had a clue to begin with.

Obama was elected by more people than anyone in Congress.

I think you don't understand the system.

Incredible response.

It just shows you don't understand the constitution.

But, we already knew that.

Congress passed the laws that set up the Bush tax cut expiration and the spending cut deadline, and they were signed by President Obama.

I guess you are the one that doesn't understand the Constitution.
 
Obama was elected by more people than anyone in Congress.

I think you don't understand the system.

Incredible response.

It just shows you don't understand the constitution.

But, we already knew that.

Congress passed the laws that set up the Bush tax cut expiration and the spending cut deadline, and they were signed by President Obama.

I guess you are the one that doesn't understand the Constitution.

So, what you are saying is that Obama's brilliant move had nothing to do with Obama.

Nice to see how you have no clue as to what you are talking about (just, once again, making baseless claims).

President Obama took a beating for his lack of leadership on this issue. I am so glad it will be a club used to send him home in 2012.
 
Incredible response.

It just shows you don't understand the constitution.

But, we already knew that.

Congress passed the laws that set up the Bush tax cut expiration and the spending cut deadline, and they were signed by President Obama.

I guess you are the one that doesn't understand the Constitution.

So, what you are saying is that Obama's brilliant move had nothing to do with Obama.

Nice to see how you have no clue as to what you are talking about (just, once again, making baseless claims).

It had everything to do with Obama.

He led them right into it.
 
Congress passed the laws that set up the Bush tax cut expiration and the spending cut deadline, and they were signed by President Obama.

I guess you are the one that doesn't understand the Constitution.

So, what you are saying is that Obama's brilliant move had nothing to do with Obama.

Nice to see how you have no clue as to what you are talking about (just, once again, making baseless claims).

It had everything to do with Obama.

He led them right into it.

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.
 
So, what you are saying is that Obama's brilliant move had nothing to do with Obama.

Nice to see how you have no clue as to what you are talking about (just, once again, making baseless claims).

It had everything to do with Obama.

He led them right into it.

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.
 
So, what you are saying is that Obama's brilliant move had nothing to do with Obama.

Nice to see how you have no clue as to what you are talking about (just, once again, making baseless claims).

It had everything to do with Obama.

He led them right into it.

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 is successful in setting people like you up.
 
Hey why don't you do some homework?? What is the interest the treasury is paying on borrowed money?? Just google it, you might be surprised.

At this point I think it is about 1%.

Depends on the maturity. For some of them, yeilds have actually been negative. Most of them are less than inflation, which means they're negative in real terms.
 
The automatic cuts are going to be disasterous for this economy.

Reducing the national debt isn't going to help.

This policy is the economic equivalent of bleeding a patient to help him recover from a loss of blood.
 

Forum List

Back
Top