WHY obama's Failed Stimulus Failed

[sanrene]

Originally Posted by Wapasha

Its things like threats of tax increases, the VAT, Cap & Trade, CO2 regulation by the EPA and 0bama Care, deficit spending, and ever increasing national debt, talks of more heavy handed federal regulations that are causing businesses and bankers to hunker down and get small. Everyone is afraid to take a risk because they do not know what lays ahead in our future.

Again, right on the money.

Add to that the key element in a recovery - consumers - who are NOT spending because they see all of the above and more coming at them from obama and his recovery-crippling policies and ideas.

[Joe_Ryder]

Originally Posted by theunbrainwashed

It's amazing seeing the amount of propaganda the progressives swallow, the stimulus dug us very deep into a hole, and the full force of the debt bubble it created has yet to fully materialize, this is the problem why the markets are on a bear run in Europe right now, because you can't bail out a country's debt with even more debt.

It seems to me that some people just like to over complicate things. Maybe it makes them feel more important in a really big universe that just doesn't give a damn about them. I dunno. Whenever a progressive responds without a childish insult, their opening line always seems to be "It's not that simple." when it clearly is.

Originally Posted by theunbrainwashed

It's like paying your bills using a credit card. Eventually, the bank is going to want to collect all that money. You haven't paid your debt, in reality, you just postponed it for later. It's amazing that the left fails to see this

Again you're trying to get straight to the point and solve the problem by eliminating the source but apparently that's just too easy.

[HistorianDude]

http://www.barackobama.com/images/issues/economy/chart-blog-jobs-20100507.jpg (broken link)

[Huckleberry3911948]

he never practiced keynesian economics. he practiced reaganomics, voodoo enconomics. "debt is meaningless", not so.

[sanrene]

I really do love it when people regurgitate that graph from the White House.

Debunking the Obama Stimulus Chart Or “How To Make Numbers Say Anything You Want”

Raw data;



Made to look like this;

Instead of worrying about how high the line is, we’re only going to worry about how steep the line is. That way, the number will look good even if we keep losing jobs. Instead of charting how many jobs there are, we’re charting how many jobs we’re still losing.

I like this graph better;



Once again, obama has duped his supporters.