U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-07-2010, 05:38 PM
 
Location: Chicagoland
41,314 posts, read 39,584,906 times
Reputation: 7107

Advertisements

Morning Bell: Why Obama’s Stimulus Failed | The Foundry: Conservative Policy News.

Quote:
President Obama does not have a secret vault of money he can just throw at the American people. The resources the government spends come from the economy. When the government increases spending, it crowds out the resources that business owners could have invested in their enterprises. Private investment falls sharply when government spending rises.
Here's something to ponder;

Quote:
despite an unemployment high of just 6.4%, more jobs were lost in the first seven quarters of the 2001 recession than were lost in the first seven quarters of this recession.
Bet not many people knew THAT little fact.

msnbc tv- msnbc.com

"Stimulus not well thought out".

No way!

Quote:
Keynesian economist Jeffrey Sachs says “the stimulus failed
Watch the video at MSNBC and LOOK at the faces of the dems sitting around the table.

Obama promised if we spent $1 Trillion dollars on the stimulus, UE would NOT rise above 8%.
Reply With Quote Quick reply to this message

 
Old 06-07-2010, 05:52 PM
 
Location: Prepperland
13,732 posts, read 9,841,195 times
Reputation: 9842
The "stimulus" can do nothing but fail.
Government was instituted to secure rights, and govern those who consent.
Government makes nothing but more government.
Government gives nothing, but that which was taken from someone else.
Government cannot grant rights, only privileges - which usually involve the surrender of rights.
Making government bigger, with more power, and more revenue, is a recipe for disaster.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 06:09 PM
 
Location: Great State of Texas
86,093 posts, read 72,479,637 times
Reputation: 27565
I never expected it to work.
-The government does not "create" jobs except for government jobs
-The entire bill was not spent..BTW what happened to the rest of that money ?
-The projects it funded were pork, not the infrastructure renovations promised before that sucker got signed.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 08:59 PM
 
Location: Chicagoland
41,314 posts, read 39,584,906 times
Reputation: 7107
We knew it wouldn't work.

It was really nothing more than a liberal laundry list of pet projects and pork barrel spending.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 09:03 PM
 
Location: Chicago, IL
1,019 posts, read 2,329,912 times
Reputation: 651
As an independent, I totally agree. As far as I'm concerned, the stimulus was a total flop. I always felt that a lot of that money was payback money for the recent election at the time.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 09:15 PM
 
Location: Chicagoland
41,314 posts, read 39,584,906 times
Reputation: 7107
But more of that payback is expected. Like bailing out the pension funds of the unions and bailing out the teacher's unions.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 09:16 PM
 
1,691 posts, read 1,656,174 times
Reputation: 1168
Quote:
President Obama does not have a secret vault of money he can just throw at the American people. The resources the government spends come from the economy. When the government increases spending, it crowds out the resources that business owners could have invested in their enterprises. Private investment falls sharply when government spending rises.

Please explain for those who are not as conservative minded as yourself and willing to believe whatever they read that slams Obama. These resources come from the economy eventually when the debt has to be paid back, but not at the time that stimulus is being used. And besides, most of the stimulus I've seen here in Central Ohio is infrastructure, wherein the government pays private business to complete a job. That's why it's called stimulus. Got it?

I think you guys completely fail to realize that this country was on the verge of financial collapse in September of 2008, before Obama even came into office. A collapse not seen since the 1930s. What was Obama supposed to do - watch unemployment rise to 15%, but still lower taxes for the rich? If he's done everything wrong, please tell us what is right.

And Obama did lower taxes, so don't go there.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 09:19 PM
 
12,558 posts, read 16,655,760 times
Reputation: 24281
"failed stimulus failed"? Ha! Long time since I had to diagram sentence structure but isn't this an effective use of one word as an adjective and a verb?
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 09:28 PM
 
11,127 posts, read 12,677,164 times
Reputation: 3676
WHY obama's Failed Stimulus Failed -from The department Of redundancy department.
Reply With Quote Quick reply to this message
 
Old 06-07-2010, 09:41 PM
 
4,126 posts, read 4,463,309 times
Reputation: 1615
Quote:
Originally Posted by High_Plains_Retired View Post
"failed stimulus failed"? Ha! Long time since I had to diagram sentence structure but isn't this an effective use of one word as an adjective and a verb?
It certainly caught my eye.
Reply With Quote Quick reply to this message
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.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top