Obama stimulus is failed

[Vanquish]

Trickle-down theory executed via tax cuts. try to keep up.

The "failed" stimulus proves that tax cuts don't help a weakening economy. Great job proving that.

 

[The Rabbi]

Trickle-down theory executed via tax cuts. try to keep up.

The "failed" stimulus proves that tax cuts don't help a weakening economy. Great job proving that.

Merely repeating bumper sticker phrases isn't explaining anything. Try to wake up next time.
The majority of the stimulus was not tax cuts. The tax cuts that were there were middle class sops that did nothing to promote work or savings.
The bill proves Obama and the Democrats don't have a plan for America and need to be replaced. Even you agree the plan failed.

 

[Uncensored2008]

No, that simply IS true. How does one expand the money supply by 3% per anum without a central bank increasing the money supply?

Article I; Section 8: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

It isn't that tough.

Hayek was no socialist - though he did argue at times in favor of universal health care and he spoke against commodity currencies at times as well.

Bullshit.

The hate sites grabbed a misquote from "The Road to Serfdom" where Hayek supported FEMA type disaster relief and create a fiction of support for Obama's fascist schemes.

{Where, as in the case of sickness and accident, neither the desire to avoid such calamities nor the efforts to overcome their consequences are as a rule weakened by the provision of assistance, }

 

[Uncensored2008]

And ok, I'm back to address this.

Let me ask you this, Rabbi:

The period that began during World War II, and lasted for many years after, was one of the most productive in the history of the world. America became a world economic leader, and a superpower besides.

Tell me, what economic strategy was used during this period?

The utter destruction of the industrial infrastructure of competing nations.

Why do you ask?

 

[Vanquish]

Trickle-down theory executed via tax cuts. try to keep up.

The "failed" stimulus proves that tax cuts don't help a weakening economy. Great job proving that.

Merely repeating bumper sticker phrases isn't explaining anything. Try to wake up next time.
The majority of the stimulus was not tax cuts. The tax cuts that were there were middle class sops that did nothing to promote work or savings.
The bill proves Obama and the Democrats don't have a plan for America and need to be replaced. Even you agree the plan failed.

#1. I never said they were the majority. Don't put your shitty ass words in my mouth.
#2. I didnt agree the plan failed. Try to exercise your gray matter. I'm playing at conservative there and showing you the conservative hypocrisy on this particular point. IF you say that the stimulus failed, THEN you can't claim that tax cuts work.

 

[Uncensored2008]

I'm playing at conservative there and showing you the conservative hypocrisy on this particular point. IF you say that the stimulus failed, THEN you can't claim that tax cuts work.

Why not?

The stimulus primarily went to government agencies, states with staggering debt received billions. California and New York are recipients of massive largess. The national park and highway services have had billions pumped into them. Porkulus has transferred over $800 billion from the private sector into government programs. How many full time, continuing employment jobs have been created? Damn few, mostly it's gone for either public employee pensions, or ludicrous make-work projects like electronic street signs on city boulevards. How many full time PRIVATE SECTOR jobs has porkulus created? Well, none. Public sector jobs are non-contributory, they MUST draw off of the production of the private sector.

Tax cuts stimulate private sector activity - creating lasting jobs that contribute to the growth of the economy.

 

[Vanquish]

Actually a decent amount of jobs HAVE come from the stimulus.

http://www.politifact.com/virginia/...or-says-stimulus-failed-get-people-back-work/

In a report released March 18, 2011, the president’s Council of Economic Advisers estimated that between 2.5 and 3.6 million jobs were created or saved by the stimulus through the fourth quarter of 2010.

Separately, the council’s report cited four independent analyses by the Congressional budget office and three private economic analysis companies. Here’s what the groups found:

*CBO: Between 1.3 million and 3.6 million jobs saved or created.

*IHS/Global Insight: 2.45 million jobs saved or created.

*Macroeconomic Advisers: 2.3 million jobs saved or created.

*Moody’s Economy.com: 2.5 million jobs saved or created.

So, uhm, yeah. The stimulus HAS worked. The problem is that the situation is so dire that it hasn't deadlifted the entire problem out of the hole.

 

[Uncensored2008]

Actually a decent amount of jobs HAVE come from the stimulus.

http://www.politifact.com/virginia/...or-says-stimulus-failed-get-people-back-work/

Your own cite says;

{Even so, the statistics suggest a benefit to Cantor’s constituents in suburban Richmond counties, many of whom work for the state government. The data shows 178 full-time equivalent jobs arising from the stimulus were located in Cantor’s district.}

As I stated, those temporary jobs created by porkulus are government jobs.

 

[Vanquish]

You're cherry picking. You found one small part of the HUGE list of jobs. Just because you found a piece of mold on a slice of bread doesnt mean the whole loaf is bad.

Nice try.

 

[keee keee]

Once again job numbers are out. The results are dismal. We now have 9.1% unemployment, not counting those who have given up. Economists expected job creation to be 160k. We got just 54k. Manufacturing lost jobs for the first time in 7 months.
This isn't a recovery. IN a recovery jobs are stable, overtime increases, temporary work increases and then permanent employment increases. We are seeing continued job losses.
So the promise of Obama's stimulus to add however many jobs to the economy is a lie. It is a total failure.
In a British style parliamentary system they would stage a no-confidence vote in Obama. They would win.

54000 part time seasonal Mc Donald-Great America type jobs. What the people need are real jobs with benefits and a paying wage, which these jobs are not. Obama's job creation stimulus programs and Presidency are all failures.

 

[Soggy in NOLA]

Anyhoo, I think you're quite silly to b sitting around waiting on some mulatto with a Messianic complex to create a job for you. Just say'n.

 

[Uncensored2008]

You're cherry picking.

Hardly.

The fact is that the portion of Porkulus that has not been directly consumed by public employee pensions and perqs, has been used to fund make work projects by cities, counties and states.

Virtually the ONLY private activity spawned by this is in the form of short term contracts granted by various levels of government.

 

[The Rabbi]

Trickle-down theory executed via tax cuts. try to keep up.

The "failed" stimulus proves that tax cuts don't help a weakening economy. Great job proving that.

Merely repeating bumper sticker phrases isn't explaining anything. Try to wake up next time.
The majority of the stimulus was not tax cuts. The tax cuts that were there were middle class sops that did nothing to promote work or savings.
The bill proves Obama and the Democrats don't have a plan for America and need to be replaced. Even you agree the plan failed.

#1. I never said they were the majority. Don't put your shitty ass words in my mouth.
#2. I didnt agree the plan failed. Try to exercise your gray matter. I'm playing at conservative there and showing you the conservative hypocrisy on this particular point. IF you say that the stimulus failed, THEN you can't claim that tax cuts work.

You're backtracking on what you said. I will not sit here and debate what is obvious.
If you don't think the plan failed then you are a dolt. Based on Obama's own claims for what the plan would do it failed.

 

[Vanquish]

I'm not backtracking on shit. You just didnt understand me - which is not surprising due to your general lack of intelligence.

 

[The Rabbi]

I'm not backtracking on shit. You just didnt understand me - which is not surprising due to your general lack of intelligence.

You clumsily attempted to make the point that tax cuts are failures as economic policy because the stimulus contained tax cuts.
But more than half the stimulus was not tax cuts. And the tax cuts that were there were not ones designed to encourage work, saving and investment.

So your proof is non-existent. And your point was wrong. And you are stupid. And you smell funny.

 

[American Cowboy]

 

[Polk]

Most of the Obama deficit was the 450 billion deficit he inherited from Bush plus lower tax revenues in 2009, 2010.

Wait so according to you, 450 Billion constitutes most of a 1.5 Trillion dollar Deficit?

Interesting math.

1. The Bush deficit for 2008 was 458 billion.

2. Tax revenues fell 420 billion between 2008 and 2009.

3. That makes the total deficit for 2009, even if spending had been frozen at 2008 levels,

878 billion. That is MOST of Obama's 1.4 trillion dollar deficit in 2009.

Much of the rest is increased cost of unemployment insurance and food stamps.

 

[Chris]

Actually the stimulus worked great.

It saved us from another Great Depression.

 

[The Rabbi]

Actually the stimulus worked great.

It saved us from another Great Depression.

If trillion dollar deficits, 9% unemployment, and GDP growth of under 2% is working Id hate to see your definition of failure.

 

[Polk]

Very interesting to hear complaining about a stimulus of 900 billion from supporters of a party that called for a stimulus of four trillion.