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The CBO says there were between 1 million and 2.1 million more jobs during the last three months of 2009 than there would have been without the stimulus law. The White House Council of Economic Advisers pegged that number as between 1.5 and 2 million jobs in a January report.
They're lying, obviously... Obama got to them, too.
Not sure how we haven't. Look at the GDP over the past few quarters as well as the DJIA and other economic indicators.
The GDP has been propped up by government spending. It's all a fake.
The housing market tried it's best to crash. We didn't allow it to happen. We have propped it back up. Market forces will once again correct the situation. This time it will be worse. More than likely, it will be commercial real estate.
I know that's not a scientific answer or anything but the feds basically are just prolongong the inevitable.
The GDP has been propped up by government spending. It's all a fake.
The housing market tried it's best to crash. We didn't allow it to happen. We have propped it back up. Market forces will once again correct the situation. This time it will be worse. More than likely, it will be commercial real estate.
I know that's not a scientific answer or anything but the feds basically are just prolongong the inevitable.
get the feds out of the housing market. Cut all federal taxes. Every one of them. Cut federal spending. Stop printing money. No new government programs. Start paying off some of the debt. Eliminate minimum wage and other laws that keep people unemployed.
The CBO says there were between 1 million and 2.1 million more jobs during the last three months of 2009 than there would have been without the stimulus law. The White House Council of Economic Advisers pegged that number as between 1.5 and 2 million jobs in a January report.
2 million jobs that great but how much did the government pay for each job
I know all the money was not spent but They will blow it some were else
862 billion divided by 2 million = four hundred thirty-one thousand that’s the crazy part
get the feds out of the housing market. Cut all federal taxes. Every one of them. Cut federal spending. Stop printing money. No new government programs. Start paying off some of the debt. Eliminate minimum wage and other laws that keep people unemployed.
How will we pay off the debt without federal taxes? Have any countries ever tried measures like this and been succesful?
The housing market tried it's best to crash. We didn't allow it to happen. We have propped it back up. Market forces will once again correct the situation. This time it will be worse. More than likely, it will be commercial real estate.
I know that's not a scientific answer or anything but the feds basically are just prolongong the inevitable.
They are not taking effective action. There is stuff that can be done but will they???
Quote:
Originally Posted by twista6002
So what would your solution be?
Well first off right now I'd give everyone a great big check. $1k/month. Until unemployment hits 5%. This money would be printed. Hide it in the fed bank and it wont cause that much inflation. Pay down 40% worth of GDP worth of personal debt. About $15K per person depending on how you slice it up. This would be in the form of debt vouchers. This should set us up for sustained long term growth.
Then I'd rework the tax code. Tax the payment of interest. Do it revenue neutral. If you chose to default on your debts then your taxes go down. This will put downwards pressure on the huge debt bubble.
So let me get this straight...I need to make sure I understand. According to the NON PARTISAN group that even the Nay Sayers on the right love to taught..indicated millions have been employed by the stimulas and if this bill had NOT passed we would have had 11% of the country out of work, you still have the partisan blinders on and say that it didn't work. Boy Cantor and Bonehead are really working ther mojo on the National level.
You have to understand, conservatives need Obama's policies to fail.
If they admit - or are forced to acknowledge - that the stimulus created millions of jobs and moved capital through a failed economy, then they have to acknowledge that there is a flaw in the fundamental assumptions about their worldview.
Few ideologues have the backbone to do that.
If you notice, they always project to the future. "Yeah, that's fine today, but people are going to regret it in 10 years" ... or 20 years ... or whatever it is to continue believing these well-proven policies are a failure.
Jon Stewart had a great segment on health care where a woman at the Republican convention said we'd regret reform in 10 or 20 years, then cut to citizens of Hawai'i saying their employer-owned, government driven near universal health care system has worked fine for 40 years.
I just worry when Obama starts paying down the debt what in the world they'll complain about. Maybe back to the teleprompters.
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