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Old 06-14-2010, 12:32 PM
 
Location: Unperson Everyman Land
38,642 posts, read 26,374,838 times
Reputation: 12648

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Quote:
Originally Posted by GreenGene View Post
Yes, I agree that the stimulus saved us from experiencing a second great depression. Obviously, the unemployment rate isn't good, and the stimulus money - absolutely critical to avoiding a depression - has added to the deficit.

No, I don't agree that "we've had no job creation" - during the period of Jan-Apr of this year, 573,000 jobs were created. We certainly haven't had enough job creation, and I don't believe that looking only at job creation gives us a valid picture of employment. However, to say we've had NO job creation is totally false.

But if, in fact, we look solely at job creation:
If the economy produces jobs over the next eight months at the same pace as it did over the past four months, the nation will have created more jobs in 2010 alone than it did over the entire eight years of George W. Bush's presidency.
Repairing The Job Machine - National Journal, May 15, 2010


Actually, the stimulus saved us from the dark forces of the Klingon Empire.

Yeah, I know that's BS, but so is yours!


Those jobs are Census workers who get fired at the end of every work day then rehired the following day so BO can count them as a new hire every morning.

Two more Census workers blow the whistle - NYPOST.com
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Old 06-14-2010, 01:02 PM
 
Location: Unperson Everyman Land
38,642 posts, read 26,374,838 times
Reputation: 12648
Quote:
Originally Posted by delusianne View Post



President Obama's economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.

Congressional Budget Office: Stimulus Will Harm the Economy in the Long Run | The Weekly Standard
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Old 06-14-2010, 01:18 PM
 
48,502 posts, read 96,848,488 times
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No but the Bush administrtions TARP certainly did. I see where the governamnt has already recovered more than TARP cost as reported last week. But still saving those companies gave them a advantage they didn;t deserve in a market economy.Picking asnd choosing survivers is never good in a free market economy
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Old 06-14-2010, 01:44 PM
 
1,890 posts, read 2,653,725 times
Reputation: 920
No. It is only a prop.
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