Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
you have to Apply your logic then to all polls. If the question is not asked to experts in the criteria then the poll is invalid.
Not true. All polls are not the same.
A question like "Do you think Obama is doing a good job?", doesn't require an expert.
It's nothing more than an opinion. There is no right or wrong answer.
Some people may like Obama's policy choices, others may disagree.
However, "Do you think the stimulus is working?" requires an economic expert to study financial data, and give an answer based on actual facts ... not opinions.
And a poll of 1000+ randomly selected participants is not the same as a poll of economic experts.
A question like "Do you think Obama is doing a good job?", doesn't require an expert.
It's nothing more than an opinion. There is no right or wrong answer.
Some people may like Obama's policy choices, others may disagree.
However, "Do you think the stimulus is working?" requires an economic expert to study financial data, and give an answer based on actual facts ... not opinions.
And a poll of 1000+ randomly selected participants is not the same as a poll of economic experts.
I do not think there is a clear cut answer to is the stimulus working either.
Data can be analyzed, interpreted and manipulated in different ways. Especially data that is as complicated involving the US economy. Granted if unemployment dropped 2 percentage points since March I believe 99 of 100 experts would agree the stimulus is working based on that data.
Unfortunately the data on the effectiveness of the stimulus is much more oblique.
The money was to jumpstart Wall Street, not Main Street.
Yes, a lot of money was spent to stabilize the banking sector. If the financial sector in the U.S. had fully collapsed then the U.S. would have been finished as an international power. Without that stabilization many people were predicting disaster. Look around now and you'll see some people out of work but there is no disaster. It has turned out to just be another run-of-the-mill recession. That is a pretty good accomplishment in itself.
Point is, government spending is the ONLY way out of a Depression.
History is conclusive on this.
I see we have another that does not know her history.
It is a fact, government spending prolonged the depression. The private sector is the ONLY true solution to a recession - government "spending" takes money OUT of the private sector. The private sector is the engine that runs our economy, when it "cuts back", no amount of wasteful spending by the government will revive it - as is shown today.
Japan also thought massive government spending was the cure-all. It didn't work for them, just like it didn't work during the depression and just like it isn't working now.
misnamed. it stopped a free fall. those 10% of the jobs gone are not coming back. permanent contraction of the economy.
welcome to burger king may i take your order, is next when UIB is gone.
Unfortunately everyone cannot be as well-informed as you are.
Actually, they can. What's unfortunate is that they choose not to be.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
