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sanrene:"A disaster, that's what we have in the obama recovery. With all the OTHER horrible economic news coming this past week, this is the only conclusion."
I also believe that without the stimulus, the economy would have been far worse.
How can you possibly prove this? You can't predict the results of alternative courses of action. You just can't.
Then respond to my posts, instead of repeatedly asking this question. The point I've made aren't predictions, however (a faulty argument on your part to begin with). They are conclusions drawn from effects following policies meant to address issues.
Quote:
Originally Posted by steven_h
Since you can't get your head around the fact that the government doesn't create jobs, it's no wonder you can't "see it".
Not true, if you read the criticism of Nancy Pelosi's quote on job growth under Obama compared to Bush. She was mocked by the right wingers for not taking government sector job growth into consideration.
... and this is after they shim shammed the unemployment from 9 to 8 after the census.
Yes that is rather ironic. They were creative with the adjustments this time around, yet the rate is returning back to the levels of the old sample.
I was browsing the net earlier, and found a news article from 1989 whining that the world was going to end because job growth fell to 100,000 for the first time in three years... Today, achieving 100k is considered a monumental achievement.
Last edited by Frankie117; 06-03-2011 at 12:15 PM..
Oh good, you want me to repeat a dozen or so of my posts here now?
You won't happen to be one of those who complains about the problems with Unemployment Rate going down but using them when it goes up. Would you? If you're, I must applaud your consistency.
Having said that, did you really expect balanced budget and paying off debt on the day Obama took office much less the day he was elected? All the while, pushing for tax cuts and measures that have added to the deficits since 2001?
It has been since 2001. But if you had your head stuck in sand until the cheering and applauding on Nov 4, 2008... then you surely have a point!
You don't like my logic. Why don't you share yours? I will look forward to it.
And yet you thought Nancy Pelosi should have used increase in government sector jobs in Bush's favor while dismissing the fact that the government sector jobs have gone down since Obama took office.
Are unemployment and state of economy not related?
Then you must answer my q about unemployment rate. That, contrary to your claim above, you have not. Just pick the three best four year periods on QOL (Quality of Life?) based on the unemployment data I provided in my earlier post and I will know where you stand.
Ha, ha...you have no data. Hand waving arguments. SHow me data where the economy is beter with the stimulus versus not intervening? Simple, show me the data. You make no sense clattering about unemployment going down and complaining? That is just odd.
Did I mention tax cuts? Since you brought it up, yes, tax cuts coupled with spending cuts are great. More people get to keep their money.
Did I say I though Pelosi had a good idea? No, you are conjouring things out of the air here? Again, for the third time..I used the Pelosi example as an example of how people mislead others with pickin inapprpriate timelines. Do I need to explain tis for a 4th time? Nancy Pelosi hasn't had an original idea that I aware of.
I am not going to pick 4 time periods. I am not sure what you are asking. I told you that unemployment is not always correlated with economic growth..so what is your point? However, I prefer unemployment as a proxy as I think it is a better indicator of individual QOL..
I also believe that without the stimulus, the economy would have been far worse.
How can you possibly prove this? You can't predict the results of alternative courses of action. You just can't.
The best that can be done is hypothetical models with best/worst case scenarios and large CI. The greater the number the variables the less reliable. So in reality this is hard to do with accuracy, something the handwavers don't get...similar to climate change models
Ha, ha...you have no data. Hand waving arguments. SHow me data where the economy is beter with the stimulus versus not intervening? Simple, show me the data. You make no sense clattering about unemployment going down and complaining? That is just odd.
Did I mention tax cuts? Since you brought it up, yes, tax cuts coupled with spending cuts are great. More people get to keep their money.
Did I say I though Pelosi had a good idea? No, you are conjouring things out of the air here? Again, for the third time..I used the Pelosi example as an example of how people mislead others with pickin inapprpriate timelines. Do I need to explain tis for a 4th time? Nancy Pelosi hasn't had an original idea that I aware of.
I am not going to pick 4 time periods. I am not sure what you are asking. I told you that unemployment is not always correlated with economic growth..so what is your point? However, I prefer unemployment as a proxy as I think it is a better indicator of individual QOL..
It is obvious you've NO CLUE what data and logic look like.
Ok, let's review the Republican view of the solution: cut the budget, Medicare and the debt. None of those solutions have increased employment in an low demand economic environment.
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