Obama stimulus added jobs and boosted economy

[Soggy in NOLA]

So, we're saying there are more jobs today than when Obama took office?

Really? Wow, you guys really are out-to-lunch.

 

[Soggy in NOLA]

And of course there's the new report that the U.S. will shortly start defaulting on bonds.... and the housing market in the shitter.... and unemployment still rising..... and national debt at all time highs....

Yay Obama!

 

[Jarhead]

What a fucking idiot. There you go folks, many of these partisan hacks just dont care about ANY facts

What a fucking idiot. There you go folks, many of these partisan hacks just don't care about ANY facts.

Fact: If I need an item ASAP and I can afford an item and I am told that if I buy that item before a certain date I will save $8000...I am likely to buy that item before that date.

Fact: If I buy that item before that date, I will likely NOT buy that item again after that date.

Fact: There would have been an 8000 savings for someone (in this case, the taxpayer) if I did not get that 8K when I bought that item....and I would have ended up buying it anyway becuase I needed it and I was able to afford it.

And so..Fact:

The taxpayer PAID ME to buy an item before a certain date....an item that I would have bought anyway for full price.

Summary....

Having the taxpayer pay people to boost up the sales of 2 quarters at the expense of the sales of the next twqo ensuing quarters does nothing but give certain, MORE NAIVE people reason to believe that iot did a good thing when, in fact, overall, it cost money to do nothing 8in the long run.

And I laugh at the fools who continue to say "look at how well it is working"

OF COURSE IT WORKS......but at the expense of lower numbers down the road.

So enough with the facts. Facts do not tell the whole story. They simply tell us of what happened but by no means of what WILL happen.

 

[Jarhead]

And of course there's the new report that the U.S. will shortly start defaulting on bonds.... and the housing market in the shitter.... and unemployment still rising..... and national debt at all time highs....

Yay Obama!

Ahhh...but lest we forget....

it could have been SO MUCH WORSE...

or maybe it could have been so much better?

 

[Mr. Shaman]

got you covered.... 1:35

YouTube - You Can't Handle The Truth

[ame=http://www.youtube.com/watch?v=zHd6m_cirrU]YouTube - Easy Rider on Freedom[/ame]

​

 

[Mr. Shaman]

.....One o' the many benefits o' Freedom Of Speech; giving total-assholes the opportunity of world-wide acclaim!!!

YouTube - KKK march in Jena, and Fox news shows it's true colors!!!
*
YouTube - Quit the Klan p1 - Jerry Springer​

is this what you post when you cannot summon up the grit to debate the topic?

I gave up responding to Mr. Shaman.

Not to worry.

You'll always be one o' my more-favorite notches in my gun-handle!!

​

 

[Mr. Shaman]

OK... some simple facts of the matter...

1) obama is a mother fucking BUFFOON, who is NOT capable of running a country.

2) obama took a bad situation, and made it TEN TIMES WORSE.

3) It will take MAJOR steps by CONSERVATIVES to FIX what obama and the spend, spend, spend like the wind RADICAL, SOCIALIST LEFT has FUCKED UP.

You've been lookin'-thru Lil' Dumbya's magic-glasses, again, haven't you??

 

[8537]

And of course there's the new report that the U.S. will shortly start defaulting on bonds.... and the housing market in the shitter.... and unemployment still rising..... and national debt at all time highs....

Yay Obama!

Ahhh...but lest we forget....

it could have been SO MUCH WORSE...

or maybe it could have been so much better?

If you are proposing that it "could have been so much better" you would need some theory or model upon which to base that proposition. I haven't seen one, but if you have please share.

Proposing that it "could have been so much worse" is pretty straightforward modeling that has been done by a wide range of economists from the CBO to the Tax Policy Center, Makr Zandi at Moodys and the CBPP

 

[KissMy]

Morgan Stanley Says Government Defaults Inevitable

Investors will face defaults on government bonds given the burden of aging populations and the difficulty of securing more tax revenue, according to Morgan Stanley.

“Governments will impose a loss on some of their stakeholders,” Arnaud Mares, an executive director at Morgan Stanley in London, wrote in a research report today. “The question is not whether they will renege on their promises, but rather upon which of their promises they will renege, and what form this default will take.” The sovereign-debt crisis is global “and it is not over,” the report said.

 

[8537]

Morgan Stanley Says Government Defaults Inevitable

Investors will face defaults on government bonds given the burden of aging populations and the difficulty of securing more tax revenue, according to Morgan Stanley.

“Governments will impose a loss on some of their stakeholders,” Arnaud Mares, an executive director at Morgan Stanley in London, wrote in a research report today. “The question is not whether they will renege on their promises, but rather upon which of their promises they will renege, and what form this default will take.” The sovereign-debt crisis is global “and it is not over,” the report said.

It's worth noting that the attached article says nothing about the US defaulting on its debts (which is a virtual impossibility anyway)

 

[CrusaderFrank]

Dems should absolutely make running on the economy their mission for November and point out how the Chimp in the White House has done so much for the economy

 

[CrusaderFrank]

OK... some simple facts of the matter...

1) obama is a mother fucking BUFFOON, who is NOT capable of running a country.

2) obama took a bad situation, and made it TEN TIMES WORSE.

3) It will take MAJOR steps by CONSERVATIVES to FIX what obama and the spend, spend, spend like the wind RADICAL, SOCIALIST LEFT has FUCKED UP.

You've been lookin'-thru Lil' Dumbya's magic-glasses, again, haven't you??

[ame=http://www.youtube.com/watch?v=EpGH02DtIws]YouTube - Obama Claims He's Visited 57 States[/ame]

 

[Jarhead]

And of course there's the new report that the U.S. will shortly start defaulting on bonds.... and the housing market in the shitter.... and unemployment still rising..... and national debt at all time highs....

Yay Obama!

Ahhh...but lest we forget....

it could have been SO MUCH WORSE...

or maybe it could have been so much better?

If you are proposing that it "could have been so much better" you would need some theory or model upon which to base that proposition. I haven't seen one, but if you have please share.

Proposing that it "could have been so much worse" is pretty straightforward modeling that has been done by a wide range of economists from the CBO to the Tax Policy Center, Makr Zandi at Moodys and the CBPP

Ecvnomists forecast. And the ones Obama has been usingt have proven to be awful at forecasting. They assured no higher than 8% unemployment and when it soared above, they said they read the economy wrong.

Economists read the economy wrong....Love that one.

However, HISTORY shows us that recessions come every 6-8 years and are based primarily on market saturation, with some also spurred by technological advances. History also shows us that such recessions usually stablize within 18 months...sometimes quicker.

The one recession that did not was the one that turned into the great depression. That recovery took years and whereas many think we would have recovered sooner if all left it alone, others point to FDR and his spending as the catalyst to the recovery. However, some counter that with the war as the true catalyst and the "new deal" as nothing but spending for no return. Seems like a good debate, but honest debaters comapre apples to apples.

So from an honest debate standpoint, we again look at history and ask if "spending" has proven to be the answer to economic collapese during peacetime. Afterall, there is a solid debate that war helps economies recover so maybe FDR's spedning was not the catalyst.

So we look at history of peacetime spending...ala...Japan. For ten years of peacetime, they tried to spend themselves out of a recession and it did squat.

So now we look back at history of the US. When we dont spend, we get out of the recession in about 18 months. When we DID spend, it took years AND a war to get out.

So there is my logic as to why it very well may have been better without the spending policies of Obama.

Obama says it could have been worse.....but ironically, HE was the one who said without the stimulus, unemployemtn would hit 9.5%. But when it went above that he said "it could have been worse".

Whatever.

 

[Bass v 2.0]

OK... some simple facts of the matter...

You're in here, day in day out, calling white people "monkey," and you get your speedo's wedged up your ass if I call your messiah what he is?

Quit chimping out and listen monkey, I've always said rightwing, Republican, or Tea Monkeys, I've never said white monkeys, if you're annoyed and highly pissed off by it, which you are, thats your problem, you're barking, oops, I meant climbing and swinging up the wrong tree. I don't just call people monkeys, I make posts with information and links, if you're too obsessed and preoccupied with me calling people monkeys to have read those links thats your problem ape.

You're a fucking joke bass. A total fucking joke, and so is your pathetic article. The economy is in HUGE trouble, and it's BECAUSE of your fucking messiah. You shit stains OWN IT, and have for quite awhile, and there is NOTHING GOOD ABOUT IT. You people are so ignorant it's not even funny.

Come on monkey, attack me all you like, doesn't change the facts I posted in the OP, you're shooting the messenger jackass, but I do appreciate your pleasantries, you really do think about me a lot. Now, try thinking harder about the information posted in the OP

 

[Lonestar_logic]

Some people never run out of family photos.

 

[Jarhead]

You're in here, day in day out, calling white people "monkey," and you get your speedo's wedged up your ass if I call your messiah what he is?

Quit chimping out and listen monkey, I've always said rightwing, Republican, or Tea Monkeys, I've never said white monkeys, if you're annoyed and highly pissed off by it, which you are, thats your problem, you're barking, oops, I meant climbing and swinging up the wrong tree. I don't just call people monkeys, I make posts with information and links, if you're too obsessed and preoccupied with me calling people monkeys to have read those links thats your problem ape.

You're a fucking joke bass. A total fucking joke, and so is your pathetic article. The economy is in HUGE trouble, and it's BECAUSE of your fucking messiah. You shit stains OWN IT, and have for quite awhile, and there is NOTHING GOOD ABOUT IT. You people are so ignorant it's not even funny.

Come on monkey, attack me all you like, doesn't change the facts I posted in the OP, you're shooting the messenger jackass, but I do appreciate your pleasantries, you really do think about me a lot. Now, try thinking harder about the information posted in the OP

I find it interesting that it is this post that you responded to but when I presented a post several pages back offering up a very solid debate, you ignored it.

Ok. Whatever works for you.

 

[Avatar4321]

Why are people so oblivious to the fact that when we try to spend ourselves out of a recession/depression, it lasts longer?

How many times exactly do we need to go through this?

 

[Lonestar_logic]

Quit chimping out and listen monkey, I've always said rightwing, Republican, or Tea Monkeys, I've never said white monkeys, if you're annoyed and highly pissed off by it, which you are, thats your problem, you're barking, oops, I meant climbing and swinging up the wrong tree. I don't just call people monkeys, I make posts with information and links, if you're too obsessed and preoccupied with me calling people monkeys to have read those links thats your problem ape.



Come on monkey, attack me all you like, doesn't change the facts I posted in the OP, you're shooting the messenger jackass, but I do appreciate your pleasantries, you really do think about me a lot. Now, try thinking harder about the information posted in the OP

I find it interesting that it is this post that you responded to but when I presented a post several pages back offering up a very solid debate, you ignored it.

Ok. Whatever works for you.

He's not here to debate, he's here to spread leftwing talking points and call people monkeys.

 

[The Rabbi]

And of course there's the new report that the U.S. will shortly start defaulting on bonds.... and the housing market in the shitter.... and unemployment still rising..... and national debt at all time highs....

Yay Obama!

Ahhh...but lest we forget....

it could have been SO MUCH WORSE...

or maybe it could have been so much better?

If you are proposing that it "could have been so much better" you would need some theory or model upon which to base that proposition. I haven't seen one, but if you have please share.

Proposing that it "could have been so much worse" is pretty straightforward modeling that has been done by a wide range of economists from the CBO to the Tax Policy Center, Makr Zandi at Moodys and the CBPP

I've posted one before. Some economist did a study of what would have happened had they used the stimulus money to reduce payroll taxes instead. The results were dramatically different. This was published on the op ed page of the WSJ about 3-4 months ago.
the next claim will be that there was no way to know it would turn out like this. (I realize this is truly a straw man argument). That is not so. There was an ad signed by 200 economists asking the government not to pass the stimulus because it was bound to fail.

 

[Jarhead]

Why are people so oblivious to the fact that when we try to spend ourselves out of a recession/depression, it lasts longer?

How many times exactly do we need to go through this?

Pretty much what my post number 73 pointed out.

Not sure why it is that when we use history to make a point, it is not a good source to use.

But when they use "it could have been worse" to male a point, it is valid and true.