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by the obama administration - "not worth the paper it's written on"
Ok. When CBS News comes with a story like this (basically, the truth), you know the claim by the administration is pretty much bogus, WILL be checked and will likely be very embarrassing for obama.
Well, Katie, that report is going to claim that the stimulus has already created or saved hundreds of thousands of jobs, but if the administration`s first effort at counting stimulus jobs is any guide, tomorrow`s numbers could be hard to believe.
This gov is becoming a joke and we are just suppose to be stupid and accept it
Does anyone on here actually think a gov official is going to come out and say yes we made a mistake with this stimulus it isnt doing what we thought it would do?
Or do we agree that they are going to say and do whatever to try and make it appear like its working or worked
When the government distributes lucre or loot, people spend it. If your interest is national income accounting, spending other people’s money is great. Spending is a back-door way for government statisticians to measure what matters, which is the real output of goods and services.
But the government has no money of its own to spend; only what it borrows or confiscates from us via taxation. Oops.
“Government job creation is an oxymoron,” said Bill Dunkelberg, chief economist at the National Federation of Independent Business. It is only by depriving the private sector of funds that government can hire or subsidize hiring.
The government only has one solution to any problem. And I mean the government as in ANY past, present, future administration.
Their one solution to ANY problem is to create a new bureaucracy for it and throw a lot of money at it and hope it fixes itself. Sometimes is works (FDR's programs IMO) but most of the time it doesn't.
On NPR this morning they were claiming 600k+ jobs save directly, with upwards of 1m with savings associated with the tax reduction included. Lets give the benefit of the doubt and say 1 million jobs saved or created. Wasn't the stimulus bill $800 billion? For those bad at math, that works out to $800,000 pre job saved/created. WTF did they do, create a bunch of new executive positions at Citibank?
BTW, I thought the link in the OP was well done, a touch of actual reporting, rather than the cheerleading I've come to expect from CBS.
The government only has one solution to any problem. And I mean the government as in ANY past, present, future administration.
Their one solution to ANY problem is to create a new bureaucracy for it and throw a lot of money at it and hope it fixes itself. Sometimes is works (FDR's programs IMO) but most of the time it doesn't.
The government rarely FIXES anything.
how was YEARS of depression called fixing the problem? wasn't the war what got us out of the depression eventually? In my opinion and most other people who don't believe everything in the (gov't ran) school history books, is that FDR actually made the depression last a lot longer than if he did nothing at all...
how was YEARS of depression called fixing the problem? wasn't the war what got us out of the depression eventually? In my opinion and most other people who don't believe everything in the (gov't ran) school history books, is that FDR actually made the depression last a lot longer than if he did nothing at all...
I meant in the sense that it did create jobs and people were able to work and make some money. Many of those social programs created back then did help the people at the time. I agree it may have prolonged the Depression and I also agree it was the war that ended it, not FDR's programs. But at that time in history, his programs did create jobs and did benefit those people living back then. That did not happen with this stimulus program.
My grandfather told us stories of those jobs programs. You showed up, you got a job and you got money to buy food and keep a roof over your head. In very simplistic terms..it did work.
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