Again the CBO says the stim pack worked

Did you actually read even the abstract? No,obviously not.
Here's what it says. Parts bolded to make it easier for idiots.


So we see that they looked at nothing in the real world to arrive at their conclusion.

Can you prove that the stimulus didn't work? What would the numbers be without the simulus?

This canard again?
Obama claimed the stimulus would keep unemployment under 8%. It demonstrably failed to do so.

What would the numbers be without it? Looking at the Reagan recession we would see UE about 7% or less and GDP growth about 5.5%.
At this exact point in St Ronnie"s first term UE was 10.1%
 

"The $787 billion stimulus plan is turning out to be far less stimulating than its architects expected."

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

OOpsies, Truthmatters busted again

Why didnt the author point out that the bill in the estimate which claimed this was not the same bill that passed?




Do you think this author is infalliable?
 
The honeymoon's over at Time Magazine:

Obama's Stimulus Plan: Failing by Its Own Measure

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

This article is two years old, what does Time think now?
If you want to claim they think everything's peachy now, you get to provide proof.

The authoir blew it the bill in the estimate was not the same one passed by congress.

Do you claim this author is infallable?
 
This article is two years old, what does Time think now?
If you want to claim they think everything's peachy now, you get to provide proof.

The authoir blew it the bill in the estimate was not the same one passed by congress.

Do you claim this author is infallable?
OK. So what changed that made the original projections invalid? And why didnt the Administration complain the bill was being undermined and pull it? And wasn't it the Democrats that passed this unanimously?
You are one bad liar and cheat.
 
The honeymoon's over at Time Magazine:

Obama's Stimulus Plan: Failing by Its Own Measure

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

This article is two years old, what does Time think now?
If you want to claim they think everything's peachy now, you get to provide proof.

;)

Just because it was from summer 09 ( a month after the recession ended btw) doesn’t mean it doesn’t contain some interesting snippets, like;

the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent.

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME


The logic for those that are a) honest and b) can grok logic and English means- he was banking on the stimulus playing out….and NOW that is has played out…..9.1%.
 
This article is two years old, what does Time think now?
If you want to claim they think everything's peachy now, you get to provide proof.

;)

Just because it was from summer 09 ( a month after the recession ended btw) doesn’t mean it doesn’t contain some interesting snippets, like;

the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent.

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME


The logic for those that are a) honest and b) can grok logic and English means- he was banking on the stimulus playing out….and NOW that is has played out…..9.1%.

Just wait... QE II ends this month. Since the Fed won't be propping things up by pumping money, all hell may surely break loose.
 
The honeymoon's over at Time Magazine:

Obama's Stimulus Plan: Failing by Its Own Measure

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

This article is two years old, what does Time think now?

Why don't you tell us?

Because I don't have a problem with the stimulus. I know things would have been a lot worse for people here in Arizona without the stimulus funds. I haven't been bothered by the recession, actually this has been the best 6 years of my life. But other Arizonians can't say the same.
 
This article is two years old, what does Time think now?
If you want to claim they think everything's peachy now, you get to provide proof.

;)

Just because it was from summer 09 ( a month after the recession ended btw) doesn’t mean it doesn’t contain some interesting snippets, like;

the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent.

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME


The logic for those that are a) honest and b) can grok logic and English means- he was banking on the stimulus playing out….and NOW that is has played out…..9.1%.

Yes unemployment is 9.1%, what would it have been without the stimulus? Or are you arguing that a stimulus was needed and President Obama's was just too small?
 
This article is two years old, what does Time think now?
If you want to claim they think everything's peachy now, you get to provide proof.

;)

Just because it was from summer 09 ( a month after the recession ended btw) doesn’t mean it doesn’t contain some interesting snippets, like;

the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent.

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME


The logic for those that are a) honest and b) can grok logic and English means- he was banking on the stimulus playing out….and NOW that is has played out…..9.1%.
Which makes the title of the article still accurate.
 
If you want to claim they think everything's peachy now, you get to provide proof.

;)

Just because it was from summer 09 ( a month after the recession ended btw) doesn’t mean it doesn’t contain some interesting snippets, like;

the President rejected calls for a second stimulus package, saying the current stimulus needs more time to work, since only a small fraction of the money has been spent.

Read more: Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME


The logic for those that are a) honest and b) can grok logic and English means- he was banking on the stimulus playing out….and NOW that is has played out…..9.1%.

Yes unemployment is 9.1%, what would it have been without the stimulus? Or are you arguing that a stimulus was needed and President Obama's was just too small?


It's only 9.1% because the government no longer counts 3.6M people who have given up looking for work due to LACK OF JOBS. If they were counted, U3 Unemployment would be 11.2%

A shrinking Labor Force Participation Rate is a very damaging way to lower unemployment.

Just sayin'.
 
If you want to claim they think everything's peachy now, you get to provide proof.

The authoir blew it the bill in the estimate was not the same one passed by congress.

Do you claim this author is infallable?
OK. So what changed that made the original projections invalid? And why didnt the Administration complain the bill was being undermined and pull it? And wasn't it the Democrats that passed this unanimously?
You are one bad liar and cheat.

Was bill the 8% projection was made on the same bill that passed?
 
I didn't do it for her. I did it for anyone who might be gullible and fall for her lies.

Here's an article from Time in 2009 referencing the White Paper. Interesting how Romer and Summers have bailed form the White House.


Back in early January, when Barack Obama was still President-elect, two of his chief economic advisers — leading proponents of a stimulus bill — predicted that the passage of a large economic-aid package would boost the economy and keep the unemployment rate below 8%. It hasn't quite worked out that way. Last month, the jobless rate in the U.S. hit 9.5%, the highest level it has reached since 1983. (See 10 ways your job will change.)

The two advisers who wrote the paper, Christina Romer and Jared Bernstein, went on to land key jobs in the Obama Administration. Romer is the head of Obama's Council of Economic Advisers, and Bernstein is the chief economist and economic-policy adviser to Vice President Joe Biden. And the stimulus bill that both economists championed became law in mid-February. What has not come to pass, however, is the boom in job creation that Romer and Bernstein predicted. A little over a month ago, the Administration said the stimulus bill had created or saved 150,000 jobs. That's a far cry from the 3 million to 4 million jobs that Romer and Bernstein foresaw back in January....



Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

Was the bill they made that projection on the same bill that was passed by congress?
 

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