Jarhead
Gold Member
- Jan 11, 2010
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I reviewed a majority of the articles you cited...
I am not sure if you noticed, but nothing specific is identified...they say things like "created or saved" and other non specific data.
However...
There is only one thing you need to look at to determine if the stimulus did what it was touted to do.
The unemployment numbers.
Please tell me how unemployment can go UP at the same time the amount of unemployed goes down?
But in an effort to back my concerns I will use this example...
Comapny A and Company B both make widgets.
Comapny A gets a check from the government for 1 Billioon dollars to stimulate hiring
Comapny B gets nothing.
Comapny A and Company B both bid for a contract.
Company A offers a bid at a better price becuase it now has the cash flow to do so.
Company A wins the contract. Company B, on its last leg (as company A was before it got the cash), is forced to lay off 100 employees since it lost the bid...its opnly chance of surviving.
Comapny A however not only won the bid, but it no longer has direct copmpetition from company B...soi it gets a larger share of the market.
So now, with the new contract PLUS the billiion dollars it is able to hire more employees to fill the void of company B going under.
So it hires 90 people.
100 laid off
90 hired
net (-10) jobs gained
But the report comes out that becuase of the stimulus, 90 jobs were created.
THAT is how jobs created results in a higher unemployment number.
Dont just cite articles....look at the logic and discerne the information from there.
Plenty of specifics were identified. The specifics I listed in my thread were in those sources. Either you are lying, or you are just stupid. Which is it?
Of course, the unemployment rate has risen (and fallen), but that doesn't mean Obama didn't help create jobs. In fact, there has been slight economic growth ever since year began. I mean you do realize that there are factors outside of Obama's control right? The man isn't a cure-all for the economy. He never claimed he was. The sooner Americans understand that, the sooner they can learn to be patient with economic recovery.
Im a liar or stupid?
OK. Now we got that childish crap out of the way. Do it again, and I wont give you the time of day next time.
But you onviously did not read my explanation as to why jobs were created but the unemployment numbers grew. And they grew. Unemployment is STILL way above what it was when the stimulus was passed.
Like I said earlier. Give a man 100 dollars to hire a man for 100 dollars and a man will be hired. It is not rocket science.
Qustion is.....who lost their job so that man can be hired? A man from a compettitor who did not get that 100 free dollars....becuase the company that got the money has more liquidity than the competitor in an environemnt where "borrowing" money is next to impossible.
You need to stop being fooled. It is not an Obama thing. It is politics. It is what politicians do. They fool the voter base.
But the bottom line.....unemployment is higher than it was when the stimulus was enacted.....three dam years later!