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Old 10-20-2012, 12:11 PM
 
5,787 posts, read 4,689,642 times
Reputation: 853

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Quote:
Originally Posted by florida.bob View Post
Since the earnings value of a job is about $3mil, maybe a good investment, huh?

So....you are disagreeing with Obama's Economists?
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Old 10-20-2012, 12:49 PM
 
Location: Tampa Florida
22,230 posts, read 17,772,006 times
Reputation: 4585
Quote:
Originally Posted by jt800 View Post
So....you are disagreeing with Obama's Economists?
You may want to read the report you link too, instead of parroting a Kristol Rag.
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Old 10-20-2012, 12:54 PM
 
Location: Columbia, SC
36,775 posts, read 18,709,460 times
Reputation: 14659
Quote:
Originally Posted by jt800 View Post
I'm wondering what the Liberals here will say to dispute Obama's own economists????
How much money was given to the super rich and major corporations so they could "create jobs" with no results whatever except for numbered bank accounts overseas?

My bet is that the stimulus created a lot more jobs at a greatly reduced cost in comparison.

Last edited by cuebald; 10-20-2012 at 02:17 PM..
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Old 10-20-2012, 02:14 PM
 
1,724 posts, read 1,465,380 times
Reputation: 780
Quote:
Originally Posted by ovcatto View Post
It is becoming apparent that the conservatives and the GOP are really math illiterates.

total expenditure / employees doesn't = cost per person employed
They are also including substantial tax cuts as total expenditure. The $666 billion number that they are using is the sum of outlays and tax cuts. Essentially, they don't know the difference between an expenditure and a tax cut since they group them together.

Additionally, the report claims that the Recovery act saved or created 2.4 to 3.6 million jobs as of the first quarter of 2011. However, the standard weekly only uses the 2.4 number and completely ignores the higher number. They also completely ignore any future multiplier effect. I wonder why...

I am not even a particular fan of the stimulus, but there are better ways of criticizing it besides having fun with numbers. However, that is how the GOP disinformation teams rolls.
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Old 10-20-2012, 08:00 PM
 
Location: morrison Il
50 posts, read 37,159 times
Reputation: 42
Angry For Republicans, Lying is a way of life.

Quote:
Originally Posted by crone View Post
We were instructed that the tax cuts would stimulate job creation.
Quote:
jt800 LIES.
They ALWAYS do...i's simple HISTORY.
Again you lie.

Quote:
Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics
Total Private Employment - CES0500000001

From Jan 2001 to Jan 2009, the economy lost 646,000 private sector jobs.
This is a failed policy. Supply side failed. Period.
Jan --2001 ---------111,631
Jan --2009 ---------110 985 ---------Minus 646,000
Ex-president war-criminal lost 646,000 private sector jobs in 8 years.
That is recorded history. That is FACT.

Quote:
jt800 LIES.
Ask Obama who promised that if you passed his Stimulus, unemployment would be at 5.2% by now.
Again you lie.
Obama never said that.




For Republicans, Lying is a way of life.

--------- bluecoller -- the grumpy old kraut ----
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Old 10-21-2012, 01:00 AM
 
Location: Maryland about 20 miles NW of DC
6,105 posts, read 5,961,479 times
Reputation: 2479
Quote:
Originally Posted by jt800 View Post
It would have been cheaper to just give them money directly.....

Obama


Do you know what it costs to create a job in the private sector ? In our little company which has sales of 85 million-100 million dollars per annum and profits of about 15-20 million dollars. It employes about 100 people so on a per capita basis it costs about $600,000 about 200,000 dollars for salaries, benefits and overhead. About $400,000for materials and the machinery which their their skill makes into our products and then sells and ships them around the world .
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