ScreamingEagle
Gold Member
- Jul 5, 2004
- 13,399
- 1,707
Bullshit. The Congressional Budget Office, Moody, and JP Morgan all say the same thing: 2.5 million jobs created or saved. The evidence is overwhelming that it saved the economy from the brink of collapse.
The Congressional Budget Office is a propaganda organ. If Moody and JP Morgan said that, there are plenty of other companies and financial experts who said just the opposite. Your argument is an appeal to authority - a logical fallacy, in other words.
[How else do you explain how that masive job loss rate that began in Sept of 08 turned into a recovery 6 months into Obama's presidency?
Go ahead tell me. How else was that economic shift so radical if it wasn't the Recovery Act that did it
All recessions end. In fact, the evidence shows that they end faster if government doesn't attempt to solve them. Government didn't ever get into the business of curing business slumps until the Herbert Hoover administration.
You obviously dont even understand what the CBO is. Okay prove me wrong, Show me the facts. As in reliable information not coming from actual propaganda machines like Fox News or Forbes.
Oh please. That recession was radically different from any other. We were losing 500,000+ jobs a MONTH. We were months away from a great depression. The job loss rate was not slowing down. Once the act was passed, that massive job loss rate turned to growth within months. You actually think the market corrected on its own that quickly and that dramatically? No way. Thats impossible.
the bailout rescued the financial system but Obama's stimulus did little to help us out of the recession since only 15% was even spent before the recession ended....however it DID triple the deficit....
![stimulus-fail-e1308669005680.jpg](/proxy.php?image=http%3A%2F%2Fthegatewaypundit.com%2Fwp-content%2Fuploads%2F2011%2F06%2Fstimulus-fail-e1308669005680.jpg&hash=7ec97d1f134a7945cdb9f90bc2912eb1)
![obama-deficit-2011.jpg](/proxy.php?image=http%3A%2F%2Fwww.thegatewaypundit.com%2Fwp-content%2Fuploads%2F2011%2F02%2Fobama-deficit-2011.jpg&hash=9d255ff6d4f5ec4ae98614b76a8117ee)
Confirmed: Obama Stimulus Did Not Lift US Out of Depression? But It Did Triple the Deficit | The Gateway Pundit!
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