Economists: The stimulus didn't help

[pghquest]

Originally Posted by pghquest

The economists in the story are th very same economists the liberals touted as being experts just a few months ago when they proclaimed the economy was turning around. Now your standing is they are GOP economists..

Which is it and why are you whining about the very same economists holding a view?

Originally Posted by Old Gringo

Prove it.

Easily enough..
//www.city-data.com/forum/11357004-post66.html
//www.city-data.com/forum/11211006-post246.html
//www.city-data.com/forum/polit...ml#post9003511

[pghquest]

Originally Posted by LordBalfor

Here's what the article says:

"About 73% of those surveyed said employment at their company is neither higher nor lower as a result of the $787 billion Recovery Act"

That DOESN'T mean the stimulus didn't work. That means that 73% of the companies surveyed showed no impact. So if 27% of companies surveryed showed an impact is that not a good thing? Under those circumstances without the stimulus 100% of companies would have had no impact. Seems to me the stimulus was NEVER meant to impact every company in the country - nor be responsible for EVERY job created (or saved). It was meant to pump money into the economy to help provide a boost to the economy and shorten both the severity and the length of the recession by providing/saving SOME jobs. Considering just how many economists were predicting a MUCH LONGER recession just a year ago (many of them quite possibly the very same ones who are NOW saying the economy is recovering on it's own) I'd say the stimulus has done EXACTLY as it was meant to do. I'd be curious to find out just how many of these folks who say it had no impact are the same folks who complained that the rise in GDP over the last few quarters was "just stimulus money". LOL

Ken

Just six months ago, YOU touted this very same organizations qualifcations.. //www.city-data.com/forum/11357004-post66.html

[silas777]

So says 73% of economists from the National Association for Business Economics.............The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately. NABE Industry Survey Summary- January 2010

[plannine]

Originally Posted by silas777

So says 73% of economists from the National Association for Business Economics.............The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately. NABE Industry Survey Summary- January 2010

Duplicate post.

//www.city-data.com/forum/polit...idnt-help.html