Sun Devil 92
Diamond Member
- Apr 2, 2015
- 32,078
- 11,094
IF you meant after 8 years of Dubya/GOP "job creator" policies why was there a NEED for a $787 billion stimulus, which had 40% tax cuts to TRY to get a few GOP votes?
Economists Agree: The Stimulus Worked
“The stimulus worked” is the overwhelming conclusion of a panel of elite economists surveyed as part of the University of Chicago’s IGM Economic Experts Panel. The survey asked whether the unemployment rate at the end of 2010 was lower than it would have been because of the U.S. government’s 2009 fiscal stimulus act. Out of the 37 panelists who responded, 36 agreed, an even better response than an identical 2012 survey.
Economists Agree: The Stimulus Worked | Moody's Analytics Economy.com
Sorry cupcake, I'm not a right winger, no need to lie![]()
http://nypost.com/2012/01/29/how-the-800b-stimulus-failed/
OPINION? VS ECONOMISTS? Though I agree the 40% of the $787 billion stimulus which Obama put into it to TRY to get a FEW GOP votes was a complete waste
Well list those so-called economist please. And I'd be willing to bet they are all leftists.
SURE CUPCAKE, SINCE YOUR FIRST AD HOM FAILED
Economic Stimulus (revisited) | IGM Forum
The only failure is you.
In a TV interview last month, Vice President Joe Biden said the following:
Every economist, as I’ve said, from conservative to liberal, acknowledges that direct government spending on a direct program now is the best way to infuse economic growth and create jobs.
That statement is clearly false. As I have documented on this blog in recent weeks, skeptics about a spending stimulus include quite a few well-known economists, such as (in alphabetical order) Alberto Alesina, Robert Barro, Gary Becker, John Cochrane, Eugene Fama, Robert Lucas, Greg Mankiw, Kevin Murphy, Thomas Sargent, Harald Uhlig, and Luigi Zingales–and I am sure there many others as well. Regardless of whether one agrees with them on the merits of the case, it is hard to dispute that this list is pretty impressive, as judged by the standard objective criteria by which economists evaluate one another. If any university managed to hire all of them, it would immediately have a top ranked economics department.
UPDATE: Martin Feldstein, whose support last October for a fiscal stimulus is the reed upon which journalists justify their claims about “economists across the political spectrum,” now calls this stimulus bill “an $800 billion mistake.”
Economists against the Stimulus
Uh oh.....
Frutcaketopia just got turned upside down.