Is Texas the only state not affected by the economy? (Dallas: home, tech job)

[teatime]

Originally Posted by ahzzie

Just curious as to how you think the stimulus will make things worse.

How can it NOT? That's the question. It funds finite projects and short-term employment. Thus, people hired through stimulus money will have their jobs threatened within a year if the state or local government can't come up with the money to continue to pay their salaries.

The stimulus is propping up bad and poorly managed companies that SHOULD fail. It's delaying the inevitable. Filing for bankruptcy and having to reorganize can be a GOOD thing -- it gets rid of the ineffective management, allows the company to negotiate new contracts, and, perhaps, invites outside investment. We SHOULD have let many of those companies file for bankruptcy protection instead of doling out money to them.

[texan55]

Originally Posted by teatime

How can it NOT? That's the question. It funds finite projects and short-term employment. Thus, people hired through stimulus money will have their jobs threatened within a year if the state or local government can't come up with the money to continue to pay their salaries.

The stimulus is propping up bad and poorly managed companies that SHOULD fail. It's delaying the inevitable. Filing for bankruptcy and having to reorganize can be a GOOD thing -- it gets rid of the ineffective management, allows the company to negotiate new contracts, and, perhaps, invites outside investment. We SHOULD have let many of those companies file for bankruptcy protection instead of doling out money to them.

exactly!


not only that, it devalues our currency horribly... not that it's worth a damn as it is.


i mean seriously... they're just creating tons of money out of thin air. does that not worry people?

[teatime]

Originally Posted by texan55

exactly!


not only that, it devalues our currency horribly... not that it's worth a damn as it is.


i mean seriously... they're just creating tons of money out of thin air. does that not worry people?

Yep, and apparently it doesn't. It also doesn't seem to worry people that we're borrowing even MORE money from China for this nonsense and the fed. budget!

[carolinatx26]

Originally Posted by teatime

How can it NOT? That's the question. It funds finite projects and short-term employment. Thus, people hired through stimulus money will have their jobs threatened within a year if the state or local government can't come up with the money to continue to pay their salaries.

The stimulus is propping up bad and poorly managed companies that SHOULD fail. It's delaying the inevitable. Filing for bankruptcy and having to reorganize can be a GOOD thing -- it gets rid of the ineffective management, allows the company to negotiate new contracts, and, perhaps, invites outside investment. We SHOULD have let many of those companies file for bankruptcy protection instead of doling out money to them.

I thought the stimulus and the bail outs were seperate things? Whats a short term employment job included in the stimulus? Have you saw the DOW lately? You actually think its better to do nothing? What about all the people that can't support their families because they've been layed off, and the massive amouts of people that continue to get layed off?

[teatime]

Originally Posted by carolinatx26

I thought the stimulus and the bail outs were seperate things? Whats a short term employment job included in the stimulus? Have you saw the DOW lately? You actually think its better to do nothing? What about all the people that can't support their families because they've been layed off, and the massive amouts of people that continue to get layed off?

The stimulus is based on short-term construction projects and a government infusion for communities. Didn't you watch the news tonight? Obama was pictured with 25 cops standing behind him -- cops who are being hired with stimulus money. The news anchor said that the stimulus funding for their jobs ends this fall so who knows if they'll keep their jobs beyond October.

And how could you miss the fact that GM is now planning bankruptcy after getting billions from the government just a few months ago. Do you really think that was money well-spent? They could have been REORGANIZING under bankruptcy by now but nope. Those wasted billions just delayed the inevitable.

I base my opinions on what I read from ECONOMISTS. It is VERY clear that businesses don't trust Obama or the stimulus to improve matters so the layoffs will continue.

[carolinatx26]

Originally Posted by teatime

The stimulus is based on short-term construction projects and a government infusion for communities. Didn't you watch the news tonight? Obama was pictured with 25 cops standing behind him -- cops who are being hired with stimulus money. The news anchor said that the stimulus funding for their jobs ends this fall so who knows if they'll keep their jobs beyond October.

And how could you miss the fact that GM is now planning bankruptcy after getting billions from the government just a few months ago. Do you really think that was money well-spent? They could have been REORGANIZING under bankruptcy by now but nope. Those wasted billions just delayed the inevitable.

I base my opinions on what I read from ECONOMISTS. It is VERY clear that businesses don't trust Obama or the stimulus to improve matters so the layoffs will continue.

How many states are turning down all the stimulus money?

[teatime]

Originally Posted by carolinatx26

How many states are turning down all the stimulus money?

I have no idea and what does that matter? Every state is in some degree of hurt and if money is offered, they're going to take it to shore up their states as best as possible. Considering its size and population, Texas is getting very little even though our state coffers were devastated by Hurricane Ike and the rest of the country lost interest a week after it happened. That's all we CAN do -- keep our states and communities as healthy and productive as possible. Clearly, the Congressional leadership and the executive are taking care of their priorities, no matter what it costs the rest of us.

If you are a Texan, then you live in a state that is fiscally conservative and weathering the recession better than many. Since you seem to believe that throwing trillions of government dollars is the right answer, then why don't you live in a Blue State that always operates that way?

[carolinatx26]

Originally Posted by teatime

I have no idea and what does that matter? Every state is in some degree of hurt and if money is offered, they're going to take it to shore up their states as best as possible. Considering its size and population, Texas is getting very little even though our state coffers were devastated by Hurricane Ike and the rest of the country lost interest a week after it happened. That's all we CAN do -- keep our states and communities as healthy and productive as possible. Clearly, the Congressional leadership and the executive are taking care of their priorities, no matter what it costs the rest of us.

If you are a Texan, then you live in a state that is fiscally conservative and weathering the recession better than many. Since you seem to believe that throwing trillions of government dollars is the right answer, then why don't you live in a Blue State that always operates that way?

It does matter, because unless your the smartest man in the world, then there are 50 states that disagreed with you. Obama is smarter than you, and has access to people smarter than you, so I'm sure they had other things to take into account that your not taking into account. Example, wouldn't it be cheaper to not feed your kids, Yes, but, you have to feed your kids right. It's easy to have the attitude that you have when your working, and able to provide for your family, but once your laid off and can't find another job and you have a family to support, you'll be begging for a stimulus, and not saying "give it a few years, the economy will turn around".
And by the way, your bolded statments kind of support the stimulus don't they.

[teatime]

Originally Posted by carolinatx26

It does matter, because unless your the smartest man in the world, then there are 50 states that disagreed with you. Obama is smarter than you, and has access to people smarter than you, so I'm sure they had other things to take into account that your not taking into account. Example, wouldn't it be cheaper to not feed your kids, Yes, but, you have to feed your kids right. It's easy to have the attitude that you have when your working, and able to provide for your family, but once your laid off and can't find another job and you have a family to support, you'll be begging for a stimulus, and not saying "give it a few years, the economy will turn around".
And by the way, your bolded statments kind of support the stimulus don't they.

How do you know Obama is "smarter" than I am? I've read that his IQ is around 125. Mine's higher. Moreover, his supposed intelligence seems to be clouded by an overly healthy ego and arrogance. You're venturing into Obama's "silly season" here.

These people are probably the smart ones -- he can't even fill his cabinet. The Treasury Department, in particular, is empty:
Three more Obama nominees withdraw from running - Telegraph

Taking the money is not showing support for the stimulus. It's not like the money wouldn't be given out or the plan wouldn't proceed if some states didn't take it. It would just go to other states/groups. If some odious liberal group was handing out $100 bills, you bet I'd be there to collect my share of them. Doesn't mean I agree with their philosophy but I wouldn't turn down money that could benefit me personally.

Apparently, you missed my point about Texas, though. You seem to want to argue politics and there is a specific forum just for that. I was trying to get the conversation back to TEXAS. And, again, it seems to me that you are enjoying the benefits of living in a fiscally conservative state while championing far left tactics. So, you're actually the REVERSE of GOP guvs taking money from lefty programs.

[texan55]

Juno's Temple - part 1 - The Creation of Money


if you want to start with part one you can.

this one speaks directly about the stimulus.


http://blip.tv/file/1802594/