More Economic Good News- Economists agree: Stimulus created nearly 3 million jobs

[driveby]

The report is pure fantasy and political propaganda, hence it's appeal to TM.

Thats because the Republicans already wrote the history of the Stimulus as soon as it passed.... The Stimulus will Fail

No need to check whether it failed or not

Did the Stimulus keep unemployment below 8%? It was the Obama Administration that claimed it would, not the GOP.

Correct, it was Obama campaigning for that piece of dung legislation ( amongst others ), not republicans......

 

[Avorysuds]

The report is pure fantasy and political propaganda, hence it's appeal to TM.

Thats because the Republicans already wrote the history of the Stimulus as soon as it passed.... The Stimulus will Fail

No need to check whether it failed or not

The surge has failed, the war is lost = democrat talking point

The stimulus has failed = republican talking point

Who's right ? Who's wrong ?

They are both the same, and they both support (with votes) the wars and for the bailouts. We are talking about elected Rep's and Dem's I assume?

RW likes to say he would like a president Governing from the "center." Bush was a religious liberal and Obama is a less religious liberal, they both grew government on a massive scale. If someone were to really Govern from the center we would have to stop the growth at least... If someone was going to govern from a true right "conservative" would actually have to shrink Government... Funny story is 2 out of the 3 governing styles have not happened even in the last 30 years. So being RW has been getting his way for so lo9ng, why are things so bad? Is the US Government not HUGE?

 

[eagleseven]

Since when do two measly economists warrant an "economists agree" headline?

I smell bullshit.

 

[8537]

You stupid fucking dripping gash... we were headed for bad times whether that money got spent or not, but now that your shit for brains, spend like the wind, radical turd cakes spent all that money, we're still headed for the same financial problems, BUT NOW IT'S WAY, WAY, WAY WORSE.

WHAT PART ABOUT THAT DON'T YOU FUCKING UNDERSTAND YOU IGNORANT, SCAB RIDDEN SKANK?

HAHAHAHAHAHAHAHAH

You are so fucking stupid you dont even realise that things are better than GWBush left us with.

You guys want to go right back into doing the shit that got us here.

Good God... you constantly prove that there isn't a more ignorant person here than you.

We are NOT better off. The economy is NOT better off. Jobs are NOT better off. Banks are NOT better off. NOTHING is better off, than it was under Bush... NOTHING! Our economy is in the TOILET, and in large part because of the OUT OF CONTROL, OUT OF TOUCH, RADICAL, SOCIALISTIC SPEND, SPEND, SPEND LIKE THE WIND actions of you and your PISS FOR BRAINS DEMOCRATS! The country is BROKE! The only people that don't seem to get is you and your shit eating liberal dick heads.

Nothing is better off than when Bush left office? If you could put down the caps key and relax, maybe we could discuss that claim...you know, with some actual figures.

Or, you can rant on with your caps key stuck.

 

[The Rabbi]

HAHAHAHAHAHAHAHAH

You are so fucking stupid you dont even realise that things are better than GWBush left us with.

You guys want to go right back into doing the shit that got us here.

Good God... you constantly prove that there isn't a more ignorant person here than you.

We are NOT better off. The economy is NOT better off. Jobs are NOT better off. Banks are NOT better off. NOTHING is better off, than it was under Bush... NOTHING! Our economy is in the TOILET, and in large part because of the OUT OF CONTROL, OUT OF TOUCH, RADICAL, SOCIALISTIC SPEND, SPEND, SPEND LIKE THE WIND actions of you and your PISS FOR BRAINS DEMOCRATS! The country is BROKE! The only people that don't seem to get is you and your shit eating liberal dick heads.

Nothing is better off than when Bush left office? If you could put down the caps key and relax, maybe we could discuss that claim...you know, with some actual figures.

Or, you can rant on with your caps key stuck.

If Bush had been elected for a third term we would be much better off even than we are now.
Try refuting that one.

 

[saveliberty]

They cited three economists in the article. Two agreed and one disagreed. If economics were a science, then the peer review would have silenced the third. The government counted road construciton jobs that were completed last year as jobs. Those have long since been done and over with. Many of those poeple probably did another project this year that is now done, so they were counted twice and still are out of work now. Fun with numbers while real people suffer. The President's answer, go on vacation.

 

[8537]

Good God... you constantly prove that there isn't a more ignorant person here than you.

We are NOT better off. The economy is NOT better off. Jobs are NOT better off. Banks are NOT better off. NOTHING is better off, than it was under Bush... NOTHING! Our economy is in the TOILET, and in large part because of the OUT OF CONTROL, OUT OF TOUCH, RADICAL, SOCIALISTIC SPEND, SPEND, SPEND LIKE THE WIND actions of you and your PISS FOR BRAINS DEMOCRATS! The country is BROKE! The only people that don't seem to get is you and your shit eating liberal dick heads.

Nothing is better off than when Bush left office? If you could put down the caps key and relax, maybe we could discuss that claim...you know, with some actual figures.

Or, you can rant on with your caps key stuck.

If Bush had been elected for a third term we would be much better off even than we are now.
Try refuting that one.

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

 

[Avorysuds]

Nothing is better off than when Bush left office? If you could put down the caps key and relax, maybe we could discuss that claim...you know, with some actual figures.

Or, you can rant on with your caps key stuck.

If Bush had been elected for a third term we would be much better off even than we are now.
Try refuting that one.

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

I’m not trying to answer for someone else as much as I just agree with what he said. I didn’t and don’t like Bush but Bush was less extreme than Obama. Things would still be bad under Bush but the difference would be things like no Obamacare and I don’t think the stimulus would have been done in the way and size Obama has done it.

There is very little difference between Bush and Obama but when there is a difference it’s usually Obama is just more extreme while using the same policy as Bush.

Under Bush it is more likely the economy would have somewhat corrected itself by now. Obama has only “held off a depression” but not stopped one. In the end the market will need to correct itself but we will have much more debt under Obama than we would have had under Bush.

We are talking about an “if” situation so of course, it’s pointless. All that matters is what is happening today and if Government pulled out it’s very possible the country would fall into a depression. However if the Government shrunk itself, got out of the wars and possibly lowered taxes we would likely move right out of the depression and soon be in a booming economy. What will happen is what happened under FDR... Things will never get better but we will be warned that without government aid things will get worse.

It’s kind of like not cleaning a wound because you’re scared of the sting but you wrap it up anyways. You slow down and maybe even stop the bleeding but you also cause a future problem that is inevitable. The correction has to happen. Homes need to be around 100k that used to be 600k, not go from 600k to 300k. If poor people can buy the house the economy moves, if they can’t the economy is stagnant. Prices must come down to where people can actually buy a product or that product sits. If products sit that means there is less need of a person to sell it, move it, build it and design it… less jobs… more hurt…

 

[CrusaderFrank]

Nothing is better off than when Bush left office? If you could put down the caps key and relax, maybe we could discuss that claim...you know, with some actual figures.

Or, you can rant on with your caps key stuck.

If Bush had been elected for a third term we would be much better off even than we are now.
Try refuting that one.

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

 

[johnrocks]

If Bush had been elected for a third term we would be much better off even than we are now.
Try refuting that one.

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

Where did you get that at? In 2002, Franklin Raines said that they were in the "American Dream Business".

President Bush has called for "broader homeownership, especially among minorities," and his 2003 housing budget delivers.

Fannie Mae applauds President Bush and Secretary Martinez for their vision and leadership on housing.

We must expand minority homeownership in America. To do that, the public and private sectors must join forces to tear down the unique barriers that face millions of families. The President's 2003 housing budget gives this effort an important boost.

Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 trillion "American Dream Commitment" to increase homeownership rates and serve 18 million targeted American families by the end of the decade. Since 1968, Fannie Mae has provided more than $3.6 trillion of mortgage financing for nearly 43 million families.

Statement by Fannie Mae Chairman and CEO Franklin D. Raines; Fannie Mae's Chairman and CEO Raines Applauds President's 2003 Housing Budget Proposal | Business Wire | Find Articles at BNET

 

[8537]

If Bush had been elected for a third term we would be much better off even than we are now.
Try refuting that one.

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

 

[asterism]

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

Show how Bush is responsible for the idiots in the GOP. I have no qualms blaming Congress for this. However, this isn't Bush's fault. The Republicans in Congress are at fault.

 

[8537]

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

Show how Bush is responsible for the idiots in the GOP. I have no qualms blaming Congress for this. However, this isn't Bush's fault. The Republicans in Congress are at fault.

Congress didn't halve the net capital rule for the five largest firms. That came from the Executive branch.

 

[asterism]

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

Show how Bush is responsible for the idiots in the GOP. I have no qualms blaming Congress for this. However, this isn't Bush's fault. The Republicans in Congress are at fault.

Congress didn't halve the net capital rule for the five largest firms. That came from the Executive branch.

Interesting. Why didn't you say that first?

 

[CrusaderFrank]

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis," Representative Barney Frank

 

[8537]

Show how Bush is responsible for the idiots in the GOP. I have no qualms blaming Congress for this. However, this isn't Bush's fault. The Republicans in Congress are at fault.

Congress didn't halve the net capital rule for the five largest firms. That came from the Executive branch.

Interesting. Why didn't you say that first?

Umm...read my post. I did say that first.

 

[CrusaderFrank]

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

Show how Bush is responsible for the idiots in the GOP. I have no qualms blaming Congress for this. However, this isn't Bush's fault. The Republicans in Congress are at fault.

Congress didn't halve the net capital rule for the five largest firms. That came from the Executive branch.

Maybe the government need to get the fuck out of the banking business?

 

[8537]

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis," Representative Barney Frank

What does that quote have to do with Republicans being in charge of congress and the executive branch when you claim somehow Dems magically blocked reform? Did Frank get some legislation passed based on that quote? Did he block some legislation?

 

[CrusaderFrank]

Why don't you try supporting the claim you just made. What would Bush have done different that would have made the economy better. Specifics are fine, thanks.

He wanted to reform Fannie and Freddie because he knew they were about to pull down the housing market.

He "wanted to" but with a majorities in both houses of congress he was unable?

perhaps you can show the legislation Republicans got out of committee. Was this about the same time he was halving the net capital rule, giving 5 grand to low-income folks to help them with down payments etc....?

So the government DID cause the housing market bubble, right?

 

[8537]

Show how Bush is responsible for the idiots in the GOP. I have no qualms blaming Congress for this. However, this isn't Bush's fault. The Republicans in Congress are at fault.

Congress didn't halve the net capital rule for the five largest firms. That came from the Executive branch.

Maybe the government need to get the fuck out of the banking business?

So, you think the government should just abolish net capital rules, reserve requirements etc...altogether?