3 things liberals can't lie about

[Toddsterpatriot]

More myths.... the stimulus didn't fail.

I heard unemployment would rise over 8% if the stimulus wasn't passed.
How'd that work out?

As you can see, their projections were wrong. They were too overly optimistic in the face of an economy losing three quarters of a million jobs a month at the time.

Yeah, the stilmulus failed to meet their projections.
That's what a failure means.

 

[Erand7899]

Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down.


The entire national deficit was never eliminated before, during, or after Clinton's term, and raising taxes had nothing to do with the decline in the deficit. Welfare reform was the key to the reduced entitlement spending that almost balanced the budget. Even with the tax increase, the deficit was still growing until the Republicans took over congress and forced Clinton into welfare reform.

Economists were worried that full employment in the economy would create wage inflation, and they wanted to see higher interest rates to curtail that event. Few sane people worry about the economy growing too fast, unless it causes inflation.

 

[Article 15]

I heard unemployment would rise over 8% if the stimulus wasn't passed.
How'd that work out?

As you can see, their projections were wrong. They were too overly optimistic in the face of an economy losing three quarters of a million jobs a month at the time.

Yeah, the stilmulus failed to meet their projections.
That's what a failure means.

And I disagree. Regardless of the projections, the stimulus stemmed the tide and cushioned the fall.

 

[francoHFW]

Dems don't believe in cutting spending and raising taxes in the middle of averting the SECOND PUB GREAT DEPRESSION...MORON. When the Pubs started obstructing everything after the Scott Brown calamity 2/2010- the stimulus ran out and austerity and Pub no compromise disfunction slowed the recovery DUH.But the stimulus had been just enough......now go down to well deserved defeat...

 

[DontBeStupid]

I heard unemployment would rise over 8% if the stimulus wasn't passed.
How'd that work out?

As you can see, their projections were wrong. They were too overly optimistic in the face of an economy losing three quarters of a million jobs a month at the time.

Yeah, the stilmulus failed to meet their projections.
That's what a failure means.

Actually, if you read their report, their projections were that unemployment would drop by about 2% as a result of the stimulus. Which it did.

 

[Toddsterpatriot]

As you can see, their projections were wrong. They were too overly optimistic in the face of an economy losing three quarters of a million jobs a month at the time.

Yeah, the stilmulus failed to meet their projections.
That's what a failure means.

Actually, if you read their report, their projections were that unemployment would drop by about 2% as a result of the stimulus. Which it did.

No, they said it would remain under 8%, after the stimulus, not that it would rise to over 10% and then come down, years later.

 

[mudwhistle]

As you can see, their projections were wrong. They were too overly optimistic in the face of an economy losing three quarters of a million jobs a month at the time.

Yeah, the stilmulus failed to meet their projections.
That's what a failure means.

And I disagree. Regardless of the projections, the stimulus stemmed the tide and cushioned the fall.

The recession ended before the Stimulus went into effect. NBER declares recession ended in June 2009 - Sep. 20, 2010

All the Stimulus did was put us further into debt and lengthen the time it takes to recover. And thanks to Dodd-Frank the housing recession still isn't over.

Obama's policies are nice when it comes to getting votes but they're terrible if you want to help the economy recover. He knows this and it's why he agreed to extend the Bush tax-cuts.

 

[rightwinger]

Yeah, the stilmulus failed to meet their projections.
That's what a failure means.

Actually, if you read their report, their projections were that unemployment would drop by about 2% as a result of the stimulus. Which it did.

No, they said it would remain under 8%, after the stimulus, not that it would rise to over 10% and then come down, years later.

Unemployment was already well over 8% when the stimulus was passed.

Maybe if they had passed it sooner

 

[Neotrotsky]

Papa Obama's lowest unemployment number was 7.8%
the day he took office

Funny how that works

 

[Toddsterpatriot]

Actually, if you read their report, their projections were that unemployment would drop by about 2% as a result of the stimulus. Which it did.

No, they said it would remain under 8%, after the stimulus, not that it would rise to over 10% and then come down, years later.

Unemployment was already well over 8% when the stimulus was passed.

Maybe if they had passed it sooner

And it kept increasing after they passed it.

Maybe if it wasted $3 trillion instead of only $800 billion?

 

[freedombecki]

Papa Obama's lowest unemployment number was 7.8%
the day he took office

Funny how that works

No, taxpayers work. Obama collects and gives taxpayers' money to other people of his support base, who don't happen to be taxpayers in particular.

 

[freedombecki]

No, they said it would remain under 8%, after the stimulus, not that it would rise to over 10% and then come down, years later.

Unemployment was already well over 8% when the stimulus was passed.

Maybe if they had passed it sooner

And it kept increasing after they passed it.

Maybe if it wasted $3 trillion instead of only $800 billion?

Any way you look at it, 26+ million people who used to work don't have a job and aren't retirement age yet.

 

[bigrebnc1775]

And what program would that be?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

You think Fannie and Freddie caused the crash???

HAHAHA!!

That's cute.

More so Freddie and Fannie were the cause more than anything George Bush could have done.