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They have no idea how many jobs can be attributed to the stimulus since they never figured out how to count them. The count includes any job funded by stimulus, even if no one was hired and no one was at risk of losing their job. So, the total of 'saved and created' jobs includes jobs that were neither saved nor created. That's Obama Math.
I will wait for GDP growth when it is NOT tied to pumping tons of (future) tax money into a black hole. Until then, it is merely an expensive facade.
We can only wish they were using tax money, they're pumping borrowed/not yet collected tax money for the stimulus. How exactly can we be adding to the GDP when we're using money we don't have to pay for what we are doing?
We can only wish they were using tax money, they're pumping borrowed/not yet collected tax money for the stimulus. How exactly can we be adding to the GDP when we're using money we don't have to pay for what we are doing?
Complete hogwash. Who really believes that 3-4 million jobs have been created? Is that including the 8 million we have lost?
The 3-4 million is a figure obama needs in order to convince the dumbbells of the population that his Failed Stimulus has actually worked.
You really have no clue how markets operate. No, it does not include the 8 million jobs lost. That's why we needed a stimulus - BECAUSE WE LOST 8 MILLION JOBS!!!!
Nobody was hiring or spending, so the government needed to minimize the impact of losing 8 million jobs by creating 3 million jobs. That's what every developed country in the world does when their economies collapse. Stimulus isn't meant to take over the economy - just give it a jolt.
Please educate yourself on these topics in the future before posting. Thank you.
You really have no clue how markets operate. No, it does not include the 8 million jobs lost. That's why we needed a stimulus - BECAUSE WE LOST 8 MILLION JOBS!!!!
Nobody was hiring or spending, so the government needed to minimize the impact of losing 8 million jobs by creating 3 million jobs. That's what every developed country in the world does when their economies collapse. Stimulus isn't meant to take over the economy - just give it a jolt.
Please educate yourself on these topics in the future before posting. Thank you.
Great, how is Obama going to minimize the impact of spending hundreds of billions of dollars we don't have and simply can't pay back? What good are these jobs if we are drowning in debt?
Its about as much spin as the whole theory of "saved and created" jobs. Its bs. Unemployment is still at nearly 10 and even the administration of your Messiah has said that we should get use to that level.....that was after saying unemployment wouldnt go above 8 percent during the Porkulus garbage last year.
You go ahead and keep doing your best to spin things to some sort of positive for Barry. It isnt fooling everyone anymore. The only people still supporting Obama are the progressives/liberals and the "cool" crowd that listens to Hollywood and spends most of their time watching Dancing with the "stars" and reading celebrity gossip crap.
Spin? You're spinning so much and so fast you just might fly off the planet!
Unemployment is still near 10%, and that's a good thing right now, because it's risen back to that level. It means, since you obviously don't know that people are back to looking for work. People see the jobs out there now. And they're actively looking, hence they get counted back into the numbers.
Porkulus...I like that. The CBO & GDP likes it as well. Up to 4.6% well. I don't have to do too much for "Barry" as he's wiping the floor w/ you on his own. The only people being fooled are those who keep trying to stick their heads in the sand and run screaming at the actual thought of someone doing something in Washington, that's not one of their religious Icon's or Idol's who'll have to resign in a few months in a sex scandal. The only one's listening to the President now???? The one's in the employment line...looking for those jobs in those sectors that rose in the GDP.
Great, how is Obama going to minimize the impact of spending hundreds of billions of dollars we don't have and simply can't pay back? What good are these jobs if we are drowning in debt?
Great question. I have a few as well. Where was the outrage at the debt spending under Bush? Why are the Republicans unwilling to raise financial reform penalties and limits on those who brought us to the brink of destruction? Why are Republican's defending the Oil companies and fighting to not raise liability limits, effectively resigning the clean up to the American people? Since Friedman and trickle-down economics failed miserably during the late 70's & 80's, why was there no outrage and demagoguery then?
And if the debt that has to be serviced that was accumulated before 2009, why wouldn't we want jobs to attempt to offset any reductions in costs?
Also, if we don't have the money to pay for a jobs plan or stimulus plan and since the Republicans don't have any plans, why should we subsidize any reform or actions for border control, since "we're drowning in debt and simply can't pay it back"?
Great question. I have a few as well. Where was the outrage at the debt spending under Bush?
I won't go into the rest of your BS post, anyone who thinks the GOP is stopping meaningful financial reform is insane. Neither party wants reform, both parties are in the pockets of others and those "others" are fighting it out. Do we want to hand more power to corrupt labor unions or wall street crooks? That's not a choice I really want to make.
I've been outraged since before Bush was elected, it's gotten a lot worse under Obama though because he's taken ignorant "we'll never pay it back"
spending to a whole new level. Obama is like a teenage girl at the mall with her Dad's credit card.
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