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The so called stimulus was really a drag on the recovery.
People worried about all that debt.
Still refusing to respond with an explaination behind the underemplyment rate data provided by the U.S. Bureau of Labor? It doesn't look like the stimulus really worked during this administration, or is recycling the same graphs (that have already been proven inaccurate) the only response you are capable of giving? I have already provided the proof below, to which you have yet to comment on with regard to this supposed "success" of the stimulus. Success would result in a reduction of underemployment as well as unemployment.
Your graph shows that unemployment shot up in the last year of the Bush administration; stopped growing in the first year of the Obama administration; and has been declining since then.
Everyone agrees that that's the case.
Everyone also agrees that unemployment is not falling fast enough. Liberals, like myself, say that what's needed is a jobs program, and an extension of Obama's payroll tax cut.
Republicans want to fire police and teachers and other public sector workers, in hopes that will somehow create jobs.
Your graph shows that unemployment shot up in the last year of the Bush administration; stopped growing in the first year of the Obama administration; and has been declining since then.
Everyone agrees that that's the case.
Everyone also agrees that unemployment is not falling fast enough. Liberals, like myself, say that what's needed is a jobs program, and an extension of Obama's payroll tax cut.
Republicans want to fire police and teachers and other public sector workers, in hopes that will somehow create jobs.
Heritage would crack me up if they weren't so fucking dishonest. Would we be better off if public-sector employment had fallen as fast as private sector?
Heritage would crack me up if they weren't so fucking dishonest. Would we be better off if public-sector employment had fallen as fast as private sector?
Heritage would crack me up if they weren't so fucking dishonest. Would we be better off if public-sector employment had fallen as fast as private sector?
Yes. Economically government employees are unemployed. At best they produce nothing.
The money doesn't disappear from the economy any more than it disappears when a private sector employee gets paid.We pay for government twice. Once when the money is removed from the economy and again when it's used to buy government.
Heritage would crack me up if they weren't so fucking dishonest. Would we be better off if public-sector employment had fallen as fast as private sector?
It sources the BLS. Go try looking for your own stats that support otherwise before you resort to ad hominem attacks and calling people dishonest.
Your graph shows that unemployment shot up in the last year of the Bush administration; stopped growing in the first year of the Obama administration; and has been declining since then.
No ones denying that we were in a deep recession, unemployment is going to shoot up. Im in no way letting Bush off the hook either - in fact I didn't vote for him. Our point is that Unemployment has hardly budged, that it's increased if you count discouraged workers, and that any slowing in the increase is hardly at the credit of the Obama or the stimulus, so stop trying to twist the conversation. Fact is, this has been the slowest recovery in memory and it's partly due to a useless president who is anti-business.
Everyone agrees that that's the case.
Everyone also agrees that unemployment is not falling fast enough. Liberals, like myself, say that what's needed is a jobs program, and an extension of Obama's payroll tax cut.
Yes, because taxcuts lead to job increases only when democrats pass them, and they don't increase the deficit either!!
Republicans want to fire police and teachers and other public sector workers, in hopes that will somehow create jobs.
I think we still have a lot to cut! Republicans should keep up the good work
Unemployment's falling - whether you count unemployed workers or underemployed workers or anybody else.
Unemployment's falling - whether you count unemployed workers or underemployed workers or anybody else.
That's an interesting claim.
I have yet to see a graph on unemployment that takes into accout those who have dropped out of the job search.
Can you provide that information ?
Firing teachers and firefighters would only make the situation worse. Not just in terms of fewer jobs, but in terms of kids who aren't educated and fires that don't get put out.
Heritage would crack me up if they weren't so fucking dishonest. Would we be better off if public-sector employment had fallen as fast as private sector?
Yes. Economically government employees are unemployed. At best they produce nothing.
So police officers produce nothing? Having a force and system to protect private property rights adds no economic value?
Really now?
The money doesn't disappear from the economy any more than it disappears when a private sector employee gets paid.We pay for government twice. Once when the money is removed from the economy and again when it's used to buy government.
Yes. Economically government employees are unemployed. At best they produce nothing.
So police officers produce nothing? Having a force and system to protect private property rights adds no economic value?
Really now?
Really now. You even used the right word. "protect." No, the police don't produce economic value, they protect it.
Can you get rich by working and saving? Yes. Can you get rich buying more insurance? No, it's protection. I'm a libertarian not an anarchist and I want a police force, but as you said, it's to protect me. In no way are we going to get richer by hiring more police.
The private sector employee is paid by money that is generated by the company producing a profit. And the employee is used in some way to generate more profit. That profit is what grows the economy.
First of all it's still as you said, "protecting" rights, not creating intellectual property. That's also such a tiny portion of what a small portion of the government does. And that's the best you can come up with that government employees create economic value? Your honor, based on testimony provided by the ... defense ... I rest my case ...Police create economic value by protecting intellectual and private property rights
you don't think Somalia would be richer if they had a more robust system of hiring people to protect private property rights?
Profits don't grow an economy. Increased productivity grows an economy.
So police officers produce nothing? Having a force and system to protect private property rights adds no economic value?
Really now?
Really now. You even used the right word. "protect." No, the police don't produce economic value, they protect it.
Police create economic value by protecting intellectual and private property rights.
Can you get rich by working and saving? Yes. Can you get rich buying more insurance? No, it's protection. I'm a libertarian not an anarchist and I want a police force, but as you said, it's to protect me. In no way are we going to get richer by hiring more police.
you don't think Somalia would be richer if they had a more robust system of hiring people to protect private property rights?
The private sector employee is paid by money that is generated by the company producing a profit. And the employee is used in some way to generate more profit. That profit is what grows the economy.
Profits don't grow an economy. Increased productivity grows an economy.
First of all it's still as you said, "protecting" rights, not creating intellectual property. That's also such a tiny portion of what a small portion of the government does.Police create economic value by protecting intellectual and private property rights
Of course they would. But it doesn't contradict anything I said that the police protect value, they don't create it.
Funny stuff. Productivity means you produce more with the same resources and create a greater ... wait for it ... PROFIT!
A negative externality of which transaction?Crime is a negative externality.
Therefore, Police are actually an added cost to deal with that externality. They are the opposite of creating economic value. They are merely there to deal with an externality. That's what I learned anyway.
Unemployment's falling - whether you count unemployed workers or underemployed workers or anybody else.
That's an interesting claim.
I have yet to see a graph on unemployment that takes into accout those who have dropped out of the job search.
Can you provide that information ?
What? and show the 3 million net missing form the equation.