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I believe we can all agree that the stimulus will provide some measurable number of jobs to boost the economy. It's reasonable to assume that 2000 transportation projects will get a lot of hard-hats back in action. That's definitely a good thing. However, this recession is unlike any other. There are millions of white collar workers out of work as well. I have yet to see an argument that confirms that the stimulus will do anything more than put "shovel-ready" projects in motion. What about the millions that have never put a shovel in the dirt?
Also, who's to say that the companies contracted to perform the "shovel-ready" work even had layoffs to begin with? Wouldn't that mean just business as usual and not necessarily job creation for those companies?
More shovels in the ground puts more money in peoples pockets which will require more people with shirts and ties to account for it and where it goes..Pretty simple.
Considering that the vast majority of the Porkapalooza Bill (aka The Stimulus) will NOT be spent until 2010 and beyond, the CBO is probably correct in their JANUARY 2009 report that the recession would be ending late 2009/early 2010 - without ANY obama-pork.
Considering that the vast majority of the Porkapalooza Bill (aka The Stimulus) will NOT be spent until 2010 and beyond, the CBO is probably correct in their JANUARY 2009 report that the recession would be ending late 2009/early 2010 - without ANY obama-pork.
"They have done so largely by focusing on minor bits of the stimulus that amount, as Obama said in at least two of his network interviews, to "less than 1 percent of the overall package." But Republicans have succeeded in defining the proposal by its least significant parts".
More shovels in the ground puts more money in peoples pockets which will require more people with shirts and ties to account for it and where it goes..Pretty simple.
I really don't believe it's that simple, but your point is noted.
More shovels in the ground puts more money in peoples pockets which will require more people with shirts and ties to account for it and where it goes..Pretty simple.
And what happens when these projects are done? People will be unemployed again. The problem I have is not with the stimulus bill itself, it's with the governments lack of long term thinking here. The stimulus is nothing more than a quick fix to make politicians look good. The problems that got us into this mess still exist. Obama did nothing to fix the problem. All he did is reinflate the bubble, it is only a matter of time before it bursts again.
Tank; You do know the CBO projected the recession would end late 2009/early 2010 without ANY kind of stimulative intervention.....right?
And many professional pollsters and pundits predicted that Obama would lose about 5% of the vote at the polls...Did the CBO project that we would be where we are today? I'll evaluate the economy as it goes it along.
And what happens when these projects are done? People will be unemployed again. The problem I have is not with the stimulus bill itself, it's with the governments lack of long term thinking here. The stimulus is nothing more than a quick fix to make politicians look good. The problems that got us into this mess still exist. Obama did nothing to fix the problem. All he did is reinflate the bubble, it is only a matter of time before it bursts again.
Do you know how long its going to take to rebuild our infrastructure? That's why creating sustainable jobs via renewable energy is so important. All of these things will need to be maintained..With new infrastructure, new opportunities will arise. Is anything perfect, no but it's a lot better than doing nothing or cutting taxes for the rich and praying they hire people.
Seems like it says that those jobs will not be on line until june when the project starts. That is two months away;is that supposed to be a shovel ready project? Looks like things are moving slow if so.
Europe’s current policy and strategy for supporting the so-called “green jobs” or
renewable energy dates back to 1997, and has become one of the principal
justifications for U.S. “green jobs” proposals. Yet an examination of Europe’s
experience reveals these policies to be terribly economically counterproductive.
Quote:
2. Optimistically treating European Commission partially funded data1, we find
that for every renewable energy job that the State manages to finance, Spain’s
experience cited by President Obama as a model reveals with high confidence,
by two different methods, that the U.S. should expect a loss of at least 2.2 jobs
on average, or about 9 jobs lost for every 4 created, to which we have to add
those jobs that non-subsidized investments with the same resources would
have created.
Quote:
3. Therefore, while it is not possible to directly translate Spain’s experience with
exactitude to claim that the U.S. would lose at least 6.6 million to 11 million
jobs, as a direct consequence were it to actually create 3 to 5 million “green
jobs” as promised (in addition to the jobs lost due to the opportunity cost of
private capital employed in renewable energy), the study clearly reveals the
tendency that the U.S. should expect such an outcome.
Still lock, stock and barrel with the $9.7 trillion added to the deficit?
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Bad news Green Initiatives are failures.
Still lock, stock and barrel with the $9.7 trillion added to the deficit? 
