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Yes...obama is obsessed with getting obamacare passed, to the detriment of everything else.
Obama's stimulus = Epic Fail.
Love the liberals. The Obama administration is a demonstration of liberal policy failures on the hoof. It is a conservative dream that was almost forgotten after the blessing of the Carter administration. When liberal policies are enacted, the public is able to evaluate first hand the failures and experience the misery that they produce. This will educate the public for another 30 years until another "Obama-Carter" comes along. Thank you Jimmy Carter and Obama!
Any democrat stimulus bill is just tossing hoses in a pool, and claiming they are creating new water, by pumping water from the deep end of the pool to the shallow end.
Catchy little analogy, unfortunately it doesn't tell us anything.
Money being "pumped" into the economy is a good thing, but you make it sound like Democrats are here to save the day with $116B lol. If Democrats were serious about tax credits in the first stimulus, there would be no need for the current emphasis on tax cuts taking place at the Jobs Summit. It's too late; the stimulus should have put more disposable income in people's pockets. Plain and simple.
Changing your stinking tune any??? It was right-wingers in February trying to delay the stimulus bill as long as they could and make it be as small as they could. Now you want to come along and say it was too late and not big enough? And you wonder why so many people think of right-wingers as just a bunch of mindless partisan trolls who yap off at the mouth a lot. Otherwise, ARRA included $288 billion in tax cuts overall. $116 billion was just for the Make Work Pay credit.
Quote:
Originally Posted by AeroGuyDC
Funny how you hammer home the Make Work Pay tax credits, but ignore the fact that everyone with half a brain knew ahead of time that those tax cuts would do precisely nothing for the economy. And those people were right (hint: it wasn't Democrats.).
Well, wait a second here...how do you arrive at that conclusion? Right-wingers are forever telling us that tax cuts are so stimulative that they actually cause the tax base to expand enough to result in revenues overall increasing. But now it appears that when Democrats enact large tax cuts, they do nothing. How is that? How can you actually stand up in front of the class and make such claims without expecting to be laughed right out of the building?
Quote:
Originally Posted by AeroGuyDC
You should explain your $116 Billion figure. I can't find anything that suggests that $116B in an economy with an annual output of $14 TRILLION is anything more than a teaspoon in the sea. I'll standby for your answer; I fully expect a counter attack on how a Republican President is the reason for the stimulus, but nothing that substantiates how a measley $116B is an amazing contribution to this economy from Democrats.
You've actually got on the order of $300 billion pushed into the economy all told. Tax cuts...benefit increases...direct aid to states...health, energy, and education contracts. Want to tell us how much GDP has fallen from its peak? Even if you did, I don't think you could, so I'll tell you. $280 billion. How does that compare would you say to the $300 billion that's been added?
We told the democrats back in February that that damn stimulus bill was a boondoggle and would not create jobs, that it was nothing but democrats emptying their drawers and dusting off all their old pork projects.
And just see how wrong you were!!! Again!!! Still!!! Virtually everyone is conceding at this point at least a million jobs saved or created by the stimulus plan so far. And about 3.0 percentage points added to GDP in the third quarter. I wonder if either of Bushie's tax cuts for the rich came anywhere close to numbers like these...
basically Obama should ahve amde sure that his stimuls wnet to creatig jobs in the privte sector. But it mostly went to poltical specail interest groups like the UAW and the teachers unions.The supposed infrastructure jobs amount to as CNN said about as much spending as the big dig project in Boston for the entire USA.If you look at it closely it was a complete flop and americnas only have to lookj around to se it and certain don't see all thsoe bridge projects. We had one agnecy here that reported thast their funding stayed the same but they put the funding under the stimuls to say they saved jobs.But it alos require more paper work which is what they said was making them spend less on helping the p[eople they are chareg with and spending more on that paperwork.They deal with mentally challenged children.
Catchy little analogy, unfortunately it doesn't tell us anything.
Mt analogy is imperfect, i should have stated that the hose the government uses leaks, and much of the water being pumped leaked out and was wasted.
When government starts taking money out of the private sector it only denies the private sector use of that money. If that money was left in the private sector jobs could have been created, businesses could have expanded and profits could have been made, trade and commerce would have occurred and the economy would have benefited.
So when the government takes money for "shovel ready jobs" its just robbing money that was already their and diverting it, nothing was created, in fact the government actually destroyed whatever it was that the private sector would have used that money for.
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