When Will The Obama Recovery Start? (economic, elect, vote, Libertarians)
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Location: Midessa, Texas Home Yangzhou, Jiangsu temporarily
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I want to go on record here and be the first to say that the recession is already over. It ended in January 2009.
Now, it will be while until all the data is in, at least two more quarters, but once its in it will show that the economy was in recovery by January 1st.
True, but psychology does play a role, particularly over the difference between what people have expected some number to be and what it actually turns out to be. An unemployment rate of 7.6%, for instance, will be viewed differently depending on whether it had been expected it to be 8.0% or 7.2%...
If that's the case, not any time soon. Stock market took a near 400 point dive after Obama's press conference and Turbo Tax Tim's crook plan was announced. Only rebounded by 50 yesterday and it was down another 200 at opening today. People don't have faith in this bill. How can they when they're getting the politics of fear thrown at them? How can they when people who are proposing the guidelines for TARP 2 and run the IRS can't even file their own taxes correctly and were at the helm of the Fed last year during Tarp 1 along with crooks like Burnanke. Turbo Tax Tim: Real change there.
We keep hearing it's all about saving or creating 3-4 million jobs "building roads and bridges" yet only 5% of the total bill is alloted for such infrastructure projects. Let's say for sh*ts and grins, that there are some shovel-ready jobs where laid off accountants or whoever will be repairing and filling things. What happens when these projects reach their completion? What happens to that job? What's the incentive to complete the job on a timely schedule if you know you'll be out of work again and the PRIVATE sector hasn't created any more jobs? Then what? And just how much are these "shovel ready" jobs paying, I wonder? Then we'll need a bailout to bailout the bailout. Talk about shovel-ready---digging ourselves into holes is about the only shovel-ready I see. I have a few friends who own small businesses and none of them are encouraged by this, at all....
If that's the case, not any time soon. Stock market took a near 400 point dive after Obama's press conference and Turbo Tax Tim's crook plan was announced. Only rebounded by 50 yesterday and it was down another 200 at opening today. People don't have faith in this bill. How can they when they're getting the politics of fear thrown at them? How can they when people who are proposing the guidelines for TARP 2 and run the IRS can't even file their own taxes correctly and were at the helm of the Fed last year during Tarp 1 along with crooks like Burnanke. Turbo Tax Tim: Real change there.
We keep hearing it's all about saving or creating 3-4 million jobs "building roads and bridges" yet only 5% of the total bill is alloted for such infrastructure projects. Let's say for sh*ts and grins, that there are some shovel-ready jobs where laid off accountants or whoever will be repairing and filling things. What happens when these projects reach their completion? What happens to that job? What's the incentive to complete the job on a timely schedule if you know you'll be out of work again and the PRIVATE sector hasn't created any more jobs? Then what? And just how much are these "shovel ready" jobs paying, I wonder? Then we'll need a bailout to bailout the bailout. Talk about shovel-ready---digging ourselves into holes is about the only shovel-ready I see. I have a few friends who own small businesses and none of them are encouraged by this, at all....
So you think it's better to do nothing , create no jobs because some jobs will end???
OK, here we go.....some people need jobs now...now....so money goes to fix a bridge...that doesn't mean that a bunch of people with shovels run out and start digging!!!!!
...that means planners, architects, engineers, contractors start getting jobs, they in turn hire more people.
Those people earn money which may help to pay off their mortgage which in turn helps EVERYONE because people losing their homes is NOT a good thing!
Then some of these people with J O B S pay the plumber to fix their toilet and the plumber then has money and may go out and buy a car giving someone else a job making cars!
Then an architect gets a job and hires another architect to help and they use services and goods that give other people jobs who will then spend money on goods and services thatr will give other people jobs!.
SEE! THAT is REAL VALUABLE "trickle down"!!!!
You think infrastructure repair jobs will end??!!!! In THIS country!!!???
So you think it's better to do nothing , create no jobs because some jobs will end???
I didn't say do nothing. Why must you assume that because people are against the bill as it stands that they must be for doing nothing? What I am for is doing something that DOES something. Why is it only 5% of this bill is allotted for infrastructure when we're led to believe the major thrust of the bill is to invest in that infrastructure and put people to work? That's a pretty sad percentage. That's the best we can do? So we just throw stuff at the wall in a hurry instead of taking the time to develop plans that are focused and will actually DO something? We pass crap so we can pass it quickly? Just like we had to hurry up and throw money at the wall last Sept/Oct? I don't think so.
Have you even READ the bill? Probably not. Most people on the Hill don't even know what's in the thing. Obama doesn't know what's in it. That much was evident during his press circus. It's accessible online btw, in all its stages and versions.
The booming, republican congress led economy, continued until pelosi. . . . and the fact drives you guys crazy with envy.
Oh, yeah...the Republican Congress. The Contract with America, a couple of government shutdowns, that absurd impeachment charade, the rigged IPO scandals, Enron and that whole bunch, upsetting the Agreed Framework so that the DPRK went nuclear, bribery and money laundering, soliciting Congressional pages, fretting over Terri Schiavo...what a lot that Republican Congress was. Boy, weren't they one for the books...
I didn't say do nothing. Why must you assume that because people are against the bill as it stands that they must be for doing nothing? What I am for is doing something that DOES something. Why is it only 5% of this bill is allotted for infrastructure when we're led to believe the major thrust of the bill is to invest in that infrastructure and put people to work? That's a pretty sad percentage. That's the best we can do? So we just throw stuff at the wall in a hurry instead of taking the time to develop plans that are focused and will actually DO something? We pass crap so we can pass it quickly? Just like we had to hurry up and throw money at the wall last Sept/Oct? I don't think so.
Have you even READ the bill? Probably not. Most people on the Hill don't even know what's in the thing. Obama doesn't know what's in it. That much was evident during his press circus. It's accessible online btw, in all its stages and versions.
By the time the bill is PERFECT and acceptable to all....we will all be long dead and buried.
The time to act was a few years ago so why do you think we should wait some more!
If you're out of a job and desperate for work and need to save your home and feed your family you would not be so damn picky!
I want to go on record here and be the first to say that the recession is already over. It ended in January 2009.
Now, it will be while until all the data is in, at least two more quarters, but once its in it will show that the economy was in recovery by January 1st.
So when will the "Palin Recovery" start? 4 years, 5 years?
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