NYcarbineer
Diamond Member
The Republicans and all their lackeys keep insisting that the Obama administration PROMISED 8% UE,
and based that lie on the Romer/Bernstein report on the projected effects of the stimulus.
Read this:
It is important to note that any such estimate is subject to substantial uncertainty. In their own paper estimating the impacts of President Obamas stimulus plan, the Presidents nominee to Chair the Council of Economic Advisors Christina Romer and her colleague Jared Bernstein, the Chief Economist for Vice President Biden, cautioned that it should be understood that all of the estimates presented in this memo are subject to significant margins of error. One reason such a warning is appropriate is that no study could possibly capture the full effect of all of the spending and tax proposals on the economy and job market.
Want to guess who was acknowledging that caveat, which effectively renders the charge of 'he promised!!!!!'
a lie?
http://www.factcheck.org/UploadedFiles/Stim_-_Econ_Analysis_of_62.doc
Yessir, the REPUBLICANS on the House Ways and Means committee.
Oh, and if you bother to read the document, you'd see that their alternative stimulus for 2009, a 400 billion dollar tax cut,
'promises' to create 6 million jobs!!!!!!!!!!
(the facts are always out there people)
and based that lie on the Romer/Bernstein report on the projected effects of the stimulus.
Read this:
It is important to note that any such estimate is subject to substantial uncertainty. In their own paper estimating the impacts of President Obamas stimulus plan, the Presidents nominee to Chair the Council of Economic Advisors Christina Romer and her colleague Jared Bernstein, the Chief Economist for Vice President Biden, cautioned that it should be understood that all of the estimates presented in this memo are subject to significant margins of error. One reason such a warning is appropriate is that no study could possibly capture the full effect of all of the spending and tax proposals on the economy and job market.
Want to guess who was acknowledging that caveat, which effectively renders the charge of 'he promised!!!!!'
a lie?
http://www.factcheck.org/UploadedFiles/Stim_-_Econ_Analysis_of_62.doc
Yessir, the REPUBLICANS on the House Ways and Means committee.
Oh, and if you bother to read the document, you'd see that their alternative stimulus for 2009, a 400 billion dollar tax cut,
'promises' to create 6 million jobs!!!!!!!!!!
(the facts are always out there people)