No Net Increase in Government Spending During the Recession

Discussion in 'Economy' started by Toro, Mar 13, 2010.

  1. Toro
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    Toro Diamond Member

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    Why? Because despite the record federal $787 billion stimulus program - of which less than a third has been spent - the increased government spending at the federal level has been offset by decreases at the state level.

    On the ease of overstating the fiscal stimulus in the US, 2008-9
     
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    Ironically, the worst offending state is Republican run California where the Governator has decreased the spending by an enormous percentage. Arnold has laid off so many dutiful servants that he, alone, is responsible for the great increase in unemployment. Consider this, if it were not for Schwartzenneger run California, this minor recession might never have grown into the Greatest Recession.

    California is looking towards throwing the Recession causing Republicans out in the coming election. Good riddance!
     
  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    The real problems with Stimulus Programs is that Republican Fat Cat Bankers and Politicians can steal from them and pad their pockets with the excessive greed they always seek after.
     

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