How's that stimulus package working out?

Discussion in 'Economy' started by alan1, Oct 31, 2009.

  1. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    President Obama Predicts Unemployment Will Hit 10% This Year - Political Punch
    snip,
    Here is the "White Paper Study", http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
    One of the principle authors is none other than Christina Romer, who has now said,
    Romer: Impact of stimulus will level off next year
    In the same article,
    However, in that very same "White Paper" linked above, Ms Romer stated this,
    Ms Romer cannot prove that 600,000 to 1.5 million jobs have been created or saved, she is merely spewing out numbers. Notice that there is a 900,000 difference between her her low and high end claimed numbers. That's because the administration is full of shit, and they know it.
    It seems that the stimulus package hasn't contained unemployment at under 8%. I grow weary of these politicians lying to me, then telling me more lies to try and obfuscate the previous lies they told.

    Let's put this into a simple analogy------
    An automobile has thousands of working parts on it. I can pay the best damn transmission mechanic in the world to work on my car and make sure the transmission is in perfect working order. That doesn't mean my car will start if the spark plugs are fouled, if the starter is broken, if the battery is dead, if the distributor is shot, etc, etc.
    The economy has millions of working parts to it. The government can't fix the economy by simply spending money. We can achieve 100% employment by paying half the unemployed people to dig holes in the street and pay the other half to fill the holes back up. It wouldn't fix a broken economy though, would it?
     
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  2. xsited1
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    xsited1 Agent P

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    Obama has saved over 1 billion jobs in less than 1 year. 50% were saved in the private sector, 50% were saved in the public sector and 50% were saved because Obama is the Messiah.
     
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  3. dilloduck
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    dilloduck Diamond Member

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    Speaking of jobs--How many private sector jobs will be lost to the government sector if the health bill passes ?
     
  4. chanel
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    chanel Silver Member

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    [​IMG]


    Does Mountain Man need a stimulus for his package? Have you tried this?

    [​IMG]
     
  5. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    Quit hitting on me.
     
  6. dilloduck
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    dilloduck Diamond Member

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    seriously Chanel----that was pretty blatant
     
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  7. alan1
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    alan1 USMB Mod Staff Member Supporting Member

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    In a completely serious thread even.
    Who knew politics was so stimulating? :lol:
     
  8. dilloduck
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    dilloduck Diamond Member

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    That's how ugly politicians can end up with hot chicks--the power is an aphrodesiac.
     
  9. Rozman
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    Rozman Gold Member Supporting Member

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    I thought he saved over 3 billion jobs,rebuilt the way Wall Street and the Banks operate,took over the auto industry,will take over Health Care and the insurance industry,will eventually
    run the energy companies and rewrite our constitution. Being nominated for the Nobel Peace Prize after being in office 12 days was small potatoes compared to what this guy will do the remaining 3 years in office. We all now know that America is a bad and evil place and Americans are bad and evil people.Barack and Michelle will fix all that.:eusa_whistle:
     
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  10. Polk
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    Polk Classic

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    Again with the 8% meme.
     

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