Cancel the stimulus????

Discussion in 'Politics' started by Sinatra, Feb 12, 2009.

  1. Sinatra
    Offline

    Sinatra Senior Member

    Joined:
    Feb 5, 2009
    Messages:
    8,013
    Thanks Received:
    1,005
    Trophy Points:
    48
    Ratings:
    +1,005
  2. manu1959
    Offline

    manu1959 Left Coast Isolationist

    Joined:
    Oct 28, 2004
    Messages:
    13,761
    Thanks Received:
    1,625
    Trophy Points:
    48
    Location:
    california
    Ratings:
    +1,626
    and it only took him three weeks.........:eusa_pray:
     
  3. Zoom-boing
    Offline

    Zoom-boing Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    25,071
    Thanks Received:
    7,261
    Trophy Points:
    260
    Location:
    East Japip
    Ratings:
    +10,130
    Of course it will correct itself; the economy is cyclical. What goes down will go up again. This package will likely drag the fix out longer. I can't figure this -- Obama isn't stupid; far from it. Does he want things to get worse?
     
  4. glockmail
    Offline

    glockmail BANNED

    Joined:
    Aug 31, 2006
    Messages:
    7,700
    Thanks Received:
    433
    Trophy Points:
    83
    Location:
    The beautiful Yadkin Valley
    Ratings:
    +438
    The whole thing is to buy votes. When it stretches out the recession, he'll just say that it was really bad, and we best be happy that the Democrats saved us. FDR did the same thing and got re-elected for life.
     
  5. Sinatra
    Offline

    Sinatra Senior Member

    Joined:
    Feb 5, 2009
    Messages:
    8,013
    Thanks Received:
    1,005
    Trophy Points:
    48
    Ratings:
    +1,005
    LOL - I knew someone would try and make that call!

    Of course he had not yet taken office for much of January.

    Be that as it may, if Obama wants to take some credit if in fact this economy is shaking off its recession, more power to him - so long as this stimulus abomination is then HALTED.
     
  6. auditor0007
    Offline

    auditor0007 Gold Member

    Joined:
    Oct 19, 2008
    Messages:
    12,566
    Thanks Received:
    2,255
    Trophy Points:
    255
    Location:
    Toledo, OH
    Ratings:
    +3,218
    I think you're reading too much into these numbers. Foreclosures may be slowing, but they are still at what would be considered all time highs if it weren't for the even higher numbers of the previous few months. Secondly, the sales figures may well have been influenced by the fact that one, Christmas sales were so low, and two, that retailers slashed prices so much just to move inventory. That doesn't necessarily signal that any recovery has begun.

    As for the stimulus package, we ought to cancel it anyway, because it is a bad bill filled with unnecessary spending that won't help the economy nearly as much as they hope.
     
  7. driveby
    Offline

    driveby Gold Member

    Joined:
    Sep 6, 2008
    Messages:
    8,836
    Thanks Received:
    2,305
    Trophy Points:
    183
    Ratings:
    +2,325
    No, this bill has to pass or were all gonna die !
     
  8. Zoom-boing
    Offline

    Zoom-boing Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    25,071
    Thanks Received:
    7,261
    Trophy Points:
    260
    Location:
    East Japip
    Ratings:
    +10,130
  9. Sinatra
    Offline

    Sinatra Senior Member

    Joined:
    Feb 5, 2009
    Messages:
    8,013
    Thanks Received:
    1,005
    Trophy Points:
    48
    Ratings:
    +1,005
  10. Vel
    Offline

    Vel Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    5,463
    Thanks Received:
    1,913
    Trophy Points:
    248
    Location:
    Tennessee
    Ratings:
    +1,914
    I don't think so much that Obama wants things to get much worse, but that he recognizes that this may be the best chance in a lifetime to get 20 years worth of Democrat wish lists fufilled.
     

Share This Page