If the middle class is getting "peanuts" in this tax scam......?

[Dont Taz Me Bro]

The American Recovery and Reinvestment Act was signed into law by Obama in February of 2009 with a Democratic majority in the House and Senate. They had plenty of time to get those "shovel-ready" jobs implemented and did not need the Republican Party to do so.

I am NOT excusing Obama.....but here is some dose of reality.....

Back in 2009, former President Barack Obama made some lofty promises about the infrastructure overhaul that his $800 billion economic stimulus plan would provide. Obama used the phrase “shovel-ready projects” in reference to construction projects that could begin right away.

In the end, however, only $98.3 billion of the $800 billion stimulus was dedicated to transportation and infrastructure. Of that $98.3 billion, only about $27.5 billion was actually spent on transportation infrastructure projects. Why?

“The problem is that spending it out takes a long time, because there’s really nothing – there’s no such thing as shovel-ready projects,” Obama said in a 2010 interview with the New York Times.

When it comes to economic stimulus, local governments may take years to begin actual construction even once they receive funding. The reason why such a small portion of the American Recovery and Reinvestment Act of 2009 ended up spent on infrastructure is that the projects are simply too slow to get off the ground to provide meaningful near-term stimulus.

“If you are talking about stimulating the economy, ‘shovel ready’ doesn’t mean get the money on Monday and start on Tuesday,” former Pennsylvania governor Ed Rendell said.

“When [Obama] says there’s no such thing as ‘shovel ready,’ he’s right…When we said ‘shovel ready’ we meant ‘shovel ready’ in the way we do things.”

What Happened To All The 'Shovel-Ready' Infrastructure Projects From The 2009 Stimulus Bill?

So, in other words, government isn't the most efficient mechanism of getting things done. Imagine that......

It is if you need to get something done. Capitalism cannot be trusted without a profit motive.

Except that he just showed rather affectively that it isn’t. As for capitalism, the profit motive is what makes people strive to produce something better. Your Marxist garbage has been tried and failed repeatedly for over a century.

We "ditch Capitalism" for truer forms of Socialism, every time we have real times of war.

It is how some on the left know, our alleged wars on crime, drugs, and terror must be fake; because the right wing feels justified in lowering taxes for those long term costs.

The left is just as invested in waging war on crime, drugs, and a terror as the right is. You are a fool if you think otherwise

 

[CrusaderFrank]

For 8 years Democrats told us that food stamps and unemployment checks stimulate the economy

NO, you dumb idiot........Democrats NEVER told you such things.....Unemployment checks and food stamps kept MANY Americans off the streets since the GWB recession (800,000 NEW unemployment claims per MONTH.)

Your fucked up "conclusions" are not only biased, but downright moronic....
Go back to bed.

'

Jake, maybe take a nap. I know Stats keeps telling you, "You can't sleep now!! Keep posting!!! Your next post might get Hillary into the White House!!" But you really fucked yourself by challenging me when you're wrong as Krugman

"Economists agree that unemployment benefits remain one of the best ways to grow the economy in a very immediate way," House Minority Leader Nancy Pelosi (R-Calif.)

Pelosi: Extending Unemployment 'One of Best Ways to Grow the Economy'

 

[C_Clayton_Jones]

By 2027 with middle class will be forced to give the peanuts back, and more.

 

[Ray From Cleveland]

By 2027 with middle class will be forced to give the peanuts back, and more.

Right, like you really care WTF happens in 10 years. Give me a break.

 

[nat4900]

By 2027 with middle class will be forced to give the peanuts back, and more.

Yes, the "more" is what that borrowed money's hefty interest demands....Elected right wingers may be hoping that in the next 10 years the middle class will have "forgotten" who the hell placed them in such unnecessary debt...

They may be correct.....Look at all the morons who have forgotten what Reagan's and GWB's tax cuts caused.

 

[danielpalos]

I am NOT excusing Obama.....but here is some dose of reality.....

Back in 2009, former President Barack Obama made some lofty promises about the infrastructure overhaul that his $800 billion economic stimulus plan would provide. Obama used the phrase “shovel-ready projects” in reference to construction projects that could begin right away.

In the end, however, only $98.3 billion of the $800 billion stimulus was dedicated to transportation and infrastructure. Of that $98.3 billion, only about $27.5 billion was actually spent on transportation infrastructure projects. Why?

“The problem is that spending it out takes a long time, because there’s really nothing – there’s no such thing as shovel-ready projects,” Obama said in a 2010 interview with the New York Times.

When it comes to economic stimulus, local governments may take years to begin actual construction even once they receive funding. The reason why such a small portion of the American Recovery and Reinvestment Act of 2009 ended up spent on infrastructure is that the projects are simply too slow to get off the ground to provide meaningful near-term stimulus.

“If you are talking about stimulating the economy, ‘shovel ready’ doesn’t mean get the money on Monday and start on Tuesday,” former Pennsylvania governor Ed Rendell said.

“When [Obama] says there’s no such thing as ‘shovel ready,’ he’s right…When we said ‘shovel ready’ we meant ‘shovel ready’ in the way we do things.”

What Happened To All The 'Shovel-Ready' Infrastructure Projects From The 2009 Stimulus Bill?

So, in other words, government isn't the most efficient mechanism of getting things done. Imagine that......

It is if you need to get something done. Capitalism cannot be trusted without a profit motive.

Except that he just showed rather affectively that it isn’t. As for capitalism, the profit motive is what makes people strive to produce something better. Your Marxist garbage has been tried and failed repeatedly for over a century.

We "ditch Capitalism" for truer forms of Socialism, every time we have real times of war.

It is how some on the left know, our alleged wars on crime, drugs, and terror must be fake; because the right wing feels justified in lowering taxes for those long term costs.

The left is just as invested in waging war on crime, drugs, and a terror as the right is. You are a fool if you think otherwise

Quantum dynamics? The left is not trying to cut social services for the poor, so the rich can get richer faster.

 

[nat4900]

Quantum dynamics? The left is not trying to cut social services for the poor, so the rich can get richer faster.

Since the rich are ALREADY filthy rich, it may not be the greed for more money off the backs of the middle class, BUT the greed for more and absolute POWER...

 

[danielpalos]

We deserve the finest Infrastructure money can buy; we have a One Percenter in office!

 

[PoliticalChic]

So is only giving the masses peanuts in tax refunds a scam?

That's like asking if only giving the masses peanuts in entitlements is a scam.

ATTA boy.....and thanks......
Let's all call this tax scam what it really is..a "welfare give away to the middle class."

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

 

[nat4900]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

Companies that announced big bonuses after GOP tax cut are now laying off their workers
Companies that announced big bonuses after GOP tax cut are now laying off their workers

 

[nat4900]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

COMCAST FIRED HUNDREDS OF WORKERS BEFORE CHRISTMAS ALONGSIDE PLEDGE TO GIVE $1,000 'TRUMP TAX CUT' BONUSES

Comcast quietly fired hundreds of workers before Christmas, alongside boasting $1,000 bonuses

 

[nat4900]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

Allergan plc (AGN) Layoffs: Company Plans 1,000+ Job Cuts ...

 

[PoliticalChic]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

COMCAST FIRED HUNDREDS OF WORKERS BEFORE CHRISTMAS ALONGSIDE PLEDGE TO GIVE $1,000 'TRUMP TAX CUT' BONUSES

Comcast quietly fired hundreds of workers before Christmas, alongside boasting $1,000 bonuses

1. 'Think Progress' mentions only two companies

2. Soo....you'd rather no bonuses for workers....no wonder you support the failed presidency of Hussein Obama
. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession



3. How come you're straying so far from the salt-licks we put out for your ilk???

 

[Soggy in NOLA]

Stimulating the economy will lead to a recession? Care to explain the dynamics of that?

Ask GWB where HIS huge tax cuts led us in 2008-2009.

The Bush cuts were enacted in 2001 & 2003, and extended by Obama in 2012 dumbass.

 

[danielpalos]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

COMCAST FIRED HUNDREDS OF WORKERS BEFORE CHRISTMAS ALONGSIDE PLEDGE TO GIVE $1,000 'TRUMP TAX CUT' BONUSES

Comcast quietly fired hundreds of workers before Christmas, alongside boasting $1,000 bonuses

1. 'Think Progress' mentions only two companies

2. Soo....you'd rather no bonuses for workers....no wonder you support the failed presidency of Hussein Obama
. "Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession
. ...the Census Bureau's Current Population Survey ....indicate that the real (inflation-adjusted) median annual household income in America has fallen by 4.4 percent during the "recovery," after having fallen by 1.8 during the recession.
Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession



3. How come you're straying so far from the salt-licks we put out for your ilk???

Now we know what happened with QE. The rich were too big to fail, remember.

 

[nat4900]

no wonder you support the failed presidency of Hussein Obama

.....and he was a half-black Kenyan Muslim, no less, correct????.......
(closeted racist much?).............LOL

 

[PoliticalChic]

no wonder you support the failed presidency of Hussein Obama

.....and he was a half-black Kenyan Muslim, no less, correct????.......
(closeted racist much?).............LOL

1. And....you gleaned that from his middle name?

2. I never said he was born in Kenya....but
a. Hillary's campaign suggested it
b. Obama told his publisher he was
c. Michelle said it.

Get your facts straight.


3. While there was always an overarching question about Obama: Shiite or Sunni....
We got the answer with the Iran Deal.

 

[Toddsterpatriot]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

Companies that announced big bonuses after GOP tax cut are now laying off their workers
Companies that announced big bonuses after GOP tax cut are now laying off their workers

There were no layoffs before the tax cut, eh comrade?

 

[danielpalos]

"Analysis Finds 1 Million Americans So Far Getting Pay Raise From Tax Reform"
1 Million Americans So Far Getting Pay Raise From Tax Reform

Companies that announced big bonuses after GOP tax cut are now laying off their workers
Companies that announced big bonuses after GOP tax cut are now laying off their workers

There were no layoffs before the tax cut, eh comrade?

not while boasting about bonuses for the best Capitalists on the market.

 

[whitehall]

Only the crazy and angry left would assume that all American corporations were donors to the Trump campaign. Wall Street bankers gave Hillary about a quarter of a million dollars each for a couple of 15 minute mystery speeches during her campaign. Barry Hussein awarded taxpayer money to "alternate energy" corporations before they went bankrupt to pay back big alt-energy donors. Corporations ain't your enemy lefties. Corporations hire people and manufacture products.