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Don't play dumb. You and I both know that in a previous thread you argued with Faun that printing money increases GDP. A shocking display of ignorance.
I never denied that printing money increases GDP. I thought I had just backed up that point outright. What do you think GDP is? It's the value of goods and services. If the govt. prints $500 billion in money, and the benefactors produce $300 billion in goods and services with that money, then GDP has went up $300 billion. But that doesn't mean that there isn't $200 billion in waste.
That's why, GDP is a better measure when accounted inflation. A two percent increase in GDP does not mean that the economy improved two percent even on a superficial level. The inflation needs to be accounted for. Furthermore, if you've done massive borrowing/printing money, you've effectively lessened your prospects long term. The idiots who argue that the stimulus was good are making arguments akin to buying a TV on a credit card and saying that it's all good. No, you just created a non return on investment and you've racked up your debt.
Um no GDP is a measure of economic activity. Not currency itself. Get a clue.
And no inflation is already accounted for when GDP is calculated. This is pretty basic.
Do I really need to explain this again? The economy LOST 5 million jobs. The stimulus created 2.5 million. I already made the point that the bill was TOO SMALL. Had it been bigger like it was supposed to be, we would be out of this mess and the unemployment rate would be better.
really....? ....then why is the Bureau of Labor Statistics' chart flat as a pancake from 2010 on....?
I NEVER SAID THE RECOVERY ACT IMPROVED THE UNEMPLOYMENT RATE PERCENTAGE OVER TIME. We lost more than we gained asshole but we still gained. It's just a shame the stimulus wasn't bigger.
Random googling. Always a classic USMB tactic.
Why am I not surprised you went against my wishes and posted biased crap like the Gateway? That graph measures GDP. It says nothing about job growth which is the topic of our conversation you idiot. Oh, and by the way. The Recovery Act increased our GDP by 2%.
what job growth.....? i don't see any of that either....
Do I really need to explain this again? The economy LOST 5 million jobs. The stimulus created 2.5 million. I already made the point that the bill was TOO SMALL. Had it been bigger like it was supposed to be, we would be out of this mess and the unemployment rate would be better.
Do I really need to explain this again? The economy LOST 5 million jobs. The stimulus created 2.5 million. I already made the point that the bill was TOO SMALL. Had it been bigger like it was supposed to be, we would be out of this mess and the unemployment rate would be better.
really....? ....then why is the Bureau of Labor Statistics' chart flat as a pancake from 2010 on....?
I NEVER SAID THE RECOVERY ACT IMPROVED THE UNEMPLOYMENT RATE PERCENTAGE OVER TIME. We lost more than we gained asshole but we still gained. It's just a shame the stimulus wasn't bigger.
The UE was 10.3 per cent in 10/2009, when the stimuus turned it around, as everyone but the brainwashed Rush/Beck/Hannity bots know...now 6.7.
Growth the second half of 2013 was 3.2, would've been 4.2 without the shutdown thing...a-holes.
The UE was 10.3 per cent in 10/2009, when the stimulus turned it around, as everyone but the brainwashed Rush/Beck/Hannity bots know...now 6.7. AND 8 MILLION MORE JOBS, BSBOT.
Growth the second half of 2013 was 3.2, would've been 4.2 without the shutdown thing...a-holes.
The UE was 10.3 per cent in 10/2009, when the stimulus turned it around, as everyone but the brainwashed Rush/Beck/Hannity bots know...now 6.7. AND 8 MILLION MORE JOBS, BSBOT.
Growth the second half of 2013 was 3.2, would've been 4.2 without the shutdown thing...a-holes.
The stimulus was passed 7 months earlier. It was designed to have an immediate impact. Not only didn't it have an impact, UE didn't drop below 9% for THE NEXT TWO YEARS.
...to lay out their plan in their SOTU response. Wouldn't that have been a good time?
Hmm maybe it's because they don't have one? Perhaps I missed it, Any repub want to fill me in?
The UE was 10.3 per cent in 10/2009, when the stimuus turned it around, as everyone but the brainwashed Rush/Beck/Hannity bots know...now 6.7.
Growth the second half of 2013 was 3.2, would've been 4.2 without the shutdown thing...a-holes.
the 6.7% does not reflect large numbers of people who have fallen out of the employment picture for one reason or another....that's why i specifically used the chart for employment to population ratio....a bit harder to misrepresent that chart...you will notice the total working part of the population has not yet exceeded even 59%....
really....? ....then why is the Bureau of Labor Statistics' chart flat as a pancake from 2010 on....?
I NEVER SAID THE RECOVERY ACT IMPROVED THE UNEMPLOYMENT RATE PERCENTAGE OVER TIME. We lost more than we gained asshole but we still gained. It's just a shame the stimulus wasn't bigger.
Game over.
You just said it created or saved 2.5 million jobs. Now you're saying it didn't improve the unemployment rate "over time", which suggests that it DIDN'T create or save that amount. You suggested that it had an immediate impact from the moment it was passed. Therefore this is a contradiction.
/thread
When are you going to pull your head out of your ass and realize the mulatto messiah has no plan to raise the standing of the US in the world, he has done every thing in his power to do just the opposite, all the while talking out of the other side of his mouth.
Seems like the same asswipes like Stephanie and Frank never bitch about your kind.
Poor baby, I thought the left was all about celebrating multiculturalism, why do you object to a term that accurately describes your dear leaders biracial heritage?
...to lay out their plan in their SOTU response. Wouldn't that have been a good time?
Hmm maybe it's because they don't have one? Perhaps I missed it, Any repub want to fill me in?
Poor baby, I thought the left was all about celebrating multiculturalism, why do you object to a term that accurately describes your dear leaders biracial heritage?
Because you pointing it out for no relevant reason makes you a pathetic bigot.
And see you're wrong again, a bigot has a dislike for a group of people because of a specific trait. I only have a major dislike against this one piece of marxist mulatto chicago gutter trash. Kind of like you and GWB. But me calling maobama a mulatto is no more bigoted than your kind calling Chrisite fat.
If I went and looked, would the amount of money oil companies received in subsidies under Bush be more or less than the amount spent on food stamps?
What subsidies do oil companies receive? Be very specific.
You don't really expect rdean to answer that do you?
But I will:
But look at the breakdown (in 'oil subsidies). The single largest expenditure is just over $1 billion for the Strategic Petroleum Reserve, which is designed to protect the U.S. from oil shortages. The second largest category is just under $1 billion in tax exemptions for farm fuel. The justification for that tax exemption is that fuel taxes pay for roads, and the farm equipment that benefits from the tax exemption is technically not supposed to be using the roads. The third largest category? $570 million for the Low-Income Home Energy Assistance Program. (This program is classified as a petroleum subsidy because it artificially reduces the price of fuel, which helps oil companies sell more of it). Those three programs account for $2.5 billion a year in oil subsidies.
The Surprising Reason That Oil Subsidies Persist: Even Liberals Love Them - Forbes
The rest is not in direct outlay but in the form of a tax deduction that every corporation involved in manufacturing receives in return for keeping manufacturing processes here in the USA instead of outsourcing them somewhere else.
Few industries in the USA provide more jobs than does big oil. So Democrats, where is your plan to boost big oil and more job production there?
Seems like the same asswipes like Stephanie and Frank never bitch about your kind.
Poor baby, I thought the left was all about celebrating multiculturalism, why do you object to a term that accurately describes your dear leaders biracial heritage?
Did I give the impression of being upset? Au Contraire Mademoiselle Monsieur Le Swine. You are who you are.
Poor baby, I thought the left was all about celebrating multiculturalism, why do you object to a term that accurately describes your dear leaders biracial heritage?
Did I give the impression of being upset? Au Contraire Mademoiselle Monsieur Le Swine. You are who you are.
Nice deflection, care to answer the question? Oink Oink
