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And...he runs out of steam about now.
Battered and beaten.....he may stagger off to bed.
What else to do....but GIVE UP when you know you've lost an argument or debate.
Lick your wounds and say......
Good night.
It also provides CBO’s estimates of ARRA’s overall impact on employment and economic output in the last quarter of calendar year 2009. Those estimates—which CBO considers more comprehensive than the recipients’ reports—are based on evidence from similar policies enacted in the past and various economic models.
All they have are estimates.
I like that NYT article. The stimulus is working beautifully...that's why we need another one!
And...he runs out of steam about now.
Battered and beaten.....he may stagger off to bed.
What else to do....but GIVE UP when you know you've lost an argument or debate.
Lick your wounds and say......
Good night.
First, one can never "win" an argument or debate when the rules keep changing along the way.
1. In the OP post the stimulus is referred to as a "failed" stimulus. The intent of the 2009 stimulus bill was to create jobs and promote investment and consumer spending during the recession which began in 2007. The stimulus has not "failed" as I attempted to show in the initial graph which showed that the rate of job losses began decreasing after the stimulus bill was passed, and has continues to decrease to the point where it has been INCREASING
2. I also posted 2 links which also refuted the point that it is "failed" by showing that up to 2 million jobs were maintained that otherwise would have been lost without the stimulus.
Those points were hijacked by tossing around plots and graphs which had nothing to do with the graph that was posted.
I got sucked into other discussions along the way when blame started getting thrown around.
Bottom line is that the recession began in 2007, and jobs continued to fall until late 2009.
Many, if not most economists now say that the Great Recession is over, and job numbers have been increasing this year.
We are going downhill fast but the bots keep falling for the lies out of the WH that great things are happening.
We are in a tailspin much worse then we were in and things are NOT looking up.
The worst is yet to come, far too much spending and pork barreling of projects that mean nothing along with 300,000 dinner dates and 1/2 million spent on a 10 min speech packed full of lies.
He comes to Ohio and spend this money and is here for 10 minutes after only discussing the disaster in the gulf with the BP ceo for 20 minutes.
Guess he is not very good at time management either.
We are going downhill fast but the bots keep falling for the lies out of the WH that great things are happening.
We are in a tailspin much worse then we were in and things are NOT looking up.
The worst is yet to come, far too much spending and pork barreling of projects that mean nothing along with 300,000 dinner dates and 1/2 million spent on a 10 min speech packed full of lies.
He comes to Ohio and spend this money and is here for 10 minutes after only discussing the disaster in the gulf with the BP ceo for 20 minutes.
Quote:
Guess he is not very good at time management either.
Is it that obvious?
Yeah, he's a Rolling Stone gathering moss, when it comes to his concept of time and what he should do with it.
Ok- Obama failure standard excuse number one But..But..But George W. Bush was posted by Rocketsci. Now all we need is a post accusing racism, Obama failure standard excuse number two, and we'll have a complete thread here.
The graph shows about a 2% or so difference between the "with" and "without" recovery and about a 1 year delay in the recovery. So the difference would be 12% unemployment without the stimulus, and no recovery until next year.
Do you have anything to back that up, or are we expected to take your word for it..
Quote:
Originally Posted by RocketSci
The intent was to blunt the impact of the economy, not solve everyone's unemployment problem.
You bought into that lie as well I see.. Dont worry, LOTS of people did..
Quote:
Originally Posted by RocketSci
The early predictions of 9% peak were wrong, as they did not predict the massive job losses in late 2008 and early 2009.
How?
Record housing market collapses
Record bailouts
Record people collecting welfare
High unemployment..
Record deficits
Record debt
The number of credit downgrading taking place more than any time in history.
What exactly do you think could be worse?
Last edited by pghquest; 06-19-2010 at 07:18 AM..
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