8.5, Now 7.9 Jobs Lost In Failed Stimuls(?)!

[mascale]

Much of the stimulus spending so far did not go to job creation, but to bureucracy preservation, and schools preservation.

Re-stated, these are the people who helped to create the downturn in the first place, and then were unable to keep themselves afloat: When the disaster they helped to create actually happened.

So Obama-Biden was on their side!

That was only about a third of the stimulus package, however. The next third is starting to kick in now. The first third included the Refundable Tax Credit, and Cash for Clunkers spending, that actually worked.

Again only one-third of the stimulus got the Employment Situation turned around.

Now there is actual liberal stimulus starting to happen, even as state and local governments and school districts are about to claim that it really isn't fair for the government to be creating jobs in the private sector!

"Crow, James Crow: Shaken, Not Stirred!
(Many nations have no concept of Socialist Credit Market even: And need aid, even for finding orphans!)

 

[MaggieMae]

The Obama Administration just today, Saturday, July 3, announced the direct federal creation of 4000 new construction jobs

Those are not "jobs" A job is is not temporary. Those are temporary positions Which will only last as long as it takes to build the plants. The workers are not being hired on to a year round job, they are being hired to do a job and when they are done they no longer have a "job". The fact that they will have termporary employment paid for by the Feds is nice and all, but Obama trying to claim "the direct federal creation of 4000 new construction jobs" as if they are long term full time jobs is a joke. Not that it is surprising.

More half truths from Obama.

I keep seeing signs by highway construction that say paid for by the recovery act "putting America back to work" It should read "spending way to much to put America back to work, for a little bit"

Sounds like a job to me

You show up for work, produce a product and get paid

Millions of Americans work in construction jobs. None of those jobs are permanent. You work as long as you have a contract in place. As soon as the contract is complete, you are looking for work again

One "job" leads to another "job" just as it's been since time immemorial, for God's sake. Even if someone has a temporary job, it still gets added to a resume. In Vermont, several million from the stimulus money has been used to complete road maintenance all over the state which had been on hold for years. The adult learning centers were flooded with new students, laid off from other jobs, learning to qualify for their commercial drivers license in order to operate heavy equipment. When those roads are done, at the very least they will have expanded their experience and their chances of finding similar work will be greatly expanded. Nobody ever talks about the upside of the stimulus funding. It's just easier for the arm-chair opinionators to project gloom and doom.

The State of California was never in better fiscal shape than when the major aerospace contractors, subcontractors, and support services from the private sector were making high profits because of a GOVERNMENT SPONSORED PROGRAM.

If the people like those complaining here haven't gotten it by now, they never will.

 

[MaggieMae]

The Obama Administration just today, Saturday, July 3, announced the direct federal creation of 4000 new construction jobs

Those are not "jobs" A job is is not temporary. Those are temporary positions Which will only last as long as it takes to build the plants. The workers are not being hired on to a year round job, they are being hired to do a job and when they are done they no longer have a "job". The fact that they will have termporary employment paid for by the Feds is nice and all, but Obama trying to claim "the direct federal creation of 4000 new construction jobs" as if they are long term full time jobs is a joke. Not that it is surprising.

More half truths from Obama.

I keep seeing signs by highway construction that say paid for by the recovery act "putting America back to work" It should read "spending way to much to put America back to work, for a little bit"

Exactly. The future of these jobs is the same as the futures of the Ethanol jobs. How many ethanol depots and factories are sitting idle right now? I know of one in my part of the world. Poorly planned, poorly managed, poorly executed and just plain ill timed.

The product did not do what was promised, did not get used as promised, had unintended consequences, did not address a particular demand outside of stylishness and catered to a whimsy of the left instead of a demand by the public.

The current plan is the same.

When this group of children step away and let the markets work? They are trying to control something by strangling it. The strangulation seems to be coming along just fine.

ONLY because you're looking at information that is intended to show you the downside, and you buy right into it.

 

[MaggieMae]

Like money, the jobs are on paper, likely that anyone can take to the bank.

President Obama Gives $2 Billion To Fund 2 Solar Projects | Hovied News

The Party of Abraham Lincoln is now being roundly criticized for their personal failures as Americans to address the crisis of the money, so that the deficits can never be paid down.

Those are the kinds of families those are, of course. They can count the dead and the maimed Americans they personally caused in Afghanistan and in Iraq. In Afghanistan, even: Still no one even knows what means to have successfully been engaged.

"Crow, James Crow: Shaken, Not Stirred!"
(GOP Wars of Attrition of Americans do take their sweet time, however!)

This site is the absolute best for tracking where the stimulus money went, where it's going, to which state, and for what. I've posted it numerous times, and yet I still see thread after thread with the same lame whine that the stimulus was a bust. EDUCATE YOURSELVES, people, by looking at information other than just opinionated blogs.

Click on each agency. Then click on "by state" and you can click on any state on the map to see how much each federal agency is spending there, and for what.
Stimulus:How Fast We're Spending Nearly $800 Billion | ProPublica

With all the information available at that site, as well as several others who provide the same information, there is NO EXCUSE for stupidity.

 

[MaggieMae]

Is anybody reading's mescale's posts? I mean, this looks like an interesting discussion, but I can't for the life of me understand what he's talking about. As Ollie said,

"What?"

I think he's trying to make history analogous to the current state of affairs, but failing to make the transition from one to the other.

 

[MaggieMae]

Clearly the Stimulus has worked well for some industries.

Banking comes to mind almost immediately.

The rest of us?

Well, I guess we'll just have to wait for all this economic activity to TRICKLE DOWN, won't we?

You blame Obama but not Bush II?

You're a clueless partisan

You want to blame Bush II but not Obama?

You're a clueless partisan.

Wake up, folks.

The Stimulus Bill and TARP were two separate appropriations.

 

[skookerasbil]

We're freight training towards another severe recession, if not depression.................as this article says, "Itys starting to feel like 1932"

Only the k00ks think things are rosy................

With the US trapped in depression, this really is starting to feel like 1932 - Telegraph


The presidents approval numbers are soon going to be in the 30's....................FTMFW!!

 

[MaggieMae]

We're freight training towards another severe recession, if not depression.................as this article says, "Itys starting to feel like 1932"

Only the k00ks think things are rosy................

With the US trapped in depression, this really is starting to feel like 1932 - Telegraph


The presidents approval numbers are soon going to be in the 30's....................FTMFW!!

Nobody's claiming everything is rosy. But everything isn't as horrible as the right wing likes to portray the economy, either. While I can understand a person's frustration if he/she has been out of work due to the economic times for over a year, and understand why that person might think that because HE'S still unemployed there has been no improvement, that's simply not the case. For one thing, we will never, ever be at 100% employment. There will always be about 3-4% who are unemployed at any given time.

AND, every economic expert the world over (including those on the right) continually tell EVERYONE that an improvement in employment is the last measure of improvement in the economy following a recession.

 

[mascale]

The Republicans were opposed to the pro-growth Stimulus at the start. The Republicans are opposed to the pro-growth Stimulus even now. The Republicans have no growth agenda for 2010, November.

The Republicans intend to take on the Total Credit Market, and hoard it!

"Crow, James Crow: Shaken, Not Stirred!"
($50.0 tril. U. S. Credit Market still accepts a great deal of failed personal, family and religious values! Republcians wnat that all stopped, now!)

 

[code1211]

Those are not "jobs" A job is is not temporary. Those are temporary positions Which will only last as long as it takes to build the plants. The workers are not being hired on to a year round job, they are being hired to do a job and when they are done they no longer have a "job". The fact that they will have termporary employment paid for by the Feds is nice and all, but Obama trying to claim "the direct federal creation of 4000 new construction jobs" as if they are long term full time jobs is a joke. Not that it is surprising.

More half truths from Obama.

I keep seeing signs by highway construction that say paid for by the recovery act "putting America back to work" It should read "spending way to much to put America back to work, for a little bit"

Sounds like a job to me

You show up for work, produce a product and get paid

Millions of Americans work in construction jobs. None of those jobs are permanent. You work as long as you have a contract in place. As soon as the contract is complete, you are looking for work again

One "job" leads to another "job" just as it's been since time immemorial, for God's sake. Even if someone has a temporary job, it still gets added to a resume. In Vermont, several million from the stimulus money has been used to complete road maintenance all over the state which had been on hold for years. The adult learning centers were flooded with new students, laid off from other jobs, learning to qualify for their commercial drivers license in order to operate heavy equipment. When those roads are done, at the very least they will have expanded their experience and their chances of finding similar work will be greatly expanded. Nobody ever talks about the upside of the stimulus funding. It's just easier for the arm-chair opinionators to project gloom and doom.

The State of California was never in better fiscal shape than when the major aerospace contractors, subcontractors, and support services from the private sector were making high profits because of a GOVERNMENT SPONSORED PROGRAM.

If the people like those complaining here haven't gotten it by now, they never will.

You're right! The unemployment rate has dipped below 10% if enough people are left out of the consideration.

What more could we reasonably expect?

 

[mascale]

Famous Waikiki, HI, and Venice Beach, CA, excepted: There is no widespread desperation to even put on a camera right now, except the Governor of Louisiana, kickin' along the beaches of his state.

"And he is singin,' 'Bye, Bye Miss American Pie! Drove my Chevy to the Levee, It was Spill, Baby, Cry! And good 'ol boys were cashing settlement checks, sayin,' "This'll be the day that I Die! This'll be the day that I die!'"

Actually, tourists worldwide come to see that stuff!

What posters alluding to the various rates at BLS are actually saying is on the order of "Take this job and shove it!" That is not at all eveidence of deepending recession!"

"Crow, James Crow: Shaken, Not Stirred!"
(All persons come to Arizona. Buy Local Trinkets! Show I. D., Not Good Enough, Now! Times Hard!)

 

[Mr. Shaman]

"So far, it is tough to argue that the bailout hasn’t worked. GM is in the black, having reported an $865 million profit in the first quarter with black ink looking likely for the rest of the year. GM’s results are strong enough that the company is preparing for an initial public offering that should start selling stock in November. Chrysler is at least making an operating profit, which puts the company in much better shape than most analysts thought it would be a year ago. With much lower costs, both companies should be able to make money going forward. Let’s not forget that GM, Chrysler and cross-town rival Ford cut out 2.9 million cars worth of production capacity during the crisis, according to the Center for Automotive Research. That was a quarter of capacity in the U.S., Canada, and Mexico. Cutting out the fat has allowed them to post profits even though sales are slow."

​