Republicans efforts to keep the economy down are failing

[Truthmatters]

So you hate American workers ?

 

[Richard-H]

Internet poster claims do not met the level of proof unless you can document them.

So, the charts shows that in Q1-3 of '09, before the stimulus plan took effect, the unemployment rate was much higher than predicted. The economy was super-fucked by the Bush administration's policies. As the stimulus plan took effect, the employment rate decreased at the rate that was expected in the plan - it had just started at a much higher level.

Thanks for the data showing that the stimulus plan was so effective!

People who can't understand charts shouldn't post them.

 

[Truthmatters]

Plus he drew in a new fake line into the data he refused to post a link for.

 

[bripat9643]

So you hate American workers ?

No, I hate thugs, which is what most union members are. In fact, a union is nothing more than a legalized extortion racket, so by definition, all union members are thugs.

 

[Too Tall]

Ive been in construction a long time. How many people need to be on a shovel?

If you are a contractor, just enough to get the job done.

If you are the county, state or city government doing the job, 1 to use the shovel, 1 to watch and 1 to supervise both to them.

 

[Truthmatters]

altered charts and personal insults for working Americans.

Boy the right is really going to win elections with those tactics

 

[Oldstyle]

Internet poster claims do not met the level of proof unless you can document them.

So, the charts shows that in Q1-3 of '09, before the stimulus plan took effect, the unemployment rate was much higher than predicted. The economy was super-fucked by the Bush administration's policies. As the stimulus plan took effect, the employment rate decreased at the rate that was expected in the plan - it had just started at a much higher level.

Thanks for the data showing that the stimulus plan was so effective!

People who can't understand charts shouldn't post them.

The only problem with your contention that the stimulus plan was "effective" is that the majority of jobs retained or created by it turned out to be temporary public sector jobs that have since been lost because the economy hasn't improved and Government now doesn't have the funds to keep people on the payroll that they didn't need and really couldn't afford. Bottom line...the Public Sector doesn't create economic growth...the Private Sector does...which is why the stimulus was so "ineffective".

 

[Truthmatters]

Prove your claims

 

[Oldstyle]

altered charts and personal insults for working Americans.

Boy the right is really going to win elections with those tactics

The Right will win elections by simply pointing out the failures of Progressives to either stimulate the Economy or create jobs over the past two and a half years and ask the electorate what Barack Obama's "plan" is to fix either problem either in the last year and a half of his first term OR in the four additional years he's asking for.

Why would anyone vote for someone who doesn't have a clue what he's doing? We're almost three years into Obama's first term and he's totally run out of ideas on how to fix things.

 

[Truthmatters]

Prove your claims and quit spouting non facts

 

[Truthmatters]

Caging (voter suppression) - Wikipedia, the free encyclopedia



This is how republicans have won elections for decades now

 

[CrusaderFrank]

"We own the economy" -- DNC July, 2011

 

[Oldstyle]

Prove your claims and quit spouting non facts

Prove my facts? Sorry, Truth but I thought the relevant "facts" regarding this topic were so well known that they didn't need "proving". The following article is from The New York Times, hardly a conservative shill, back in 2009. I think it points out exactly how government job growth continued long after the Private Sector suffered massive job losses. It also talks about the jobs that governments were starting to lose at that point and how many more Public Sector job losses loomed because the stimulus was about to run out.

By MICHAEL COOPER
Published: August 19, 2009

While the private sector has shed 6.9 million jobs since the beginning of the recession, state and local governments have expanded their payrolls and added 110,000 jobs, according to a report issued Thursday by the Nelson A. Rockefeller Institute of Government.
Multimedia
Public Versus Private in Hard Economic TimesGraphic
Public Versus Private in Hard Economic Times
Related
Document: Read the Report (rockinst.org)

The report, based on an analysis of federal jobs data, found that state and local governments steadily added jobs for eight months after the recession began in December 2007, with their employment peaking last August. State and local governments have since lost 55,000 jobs, but from the beginning of the recession through last month they gained a net of 110,000 jobs, the report found, in part because of the federal stimulus program.

Government jobs are always more stable than private sector jobs during downturns, but their ability to weather the current deep recession startled Donald J. Boyd, the senior fellow at the institute who wrote the report.

“I am a little surprised at the fact that state and local government has remained as stable as it has in the nation as a whole, given the depth of the current recession,” Mr. Boyd said in an interview.

The report offered several possible explanations for the disparity between the private and public sectors. It noted that there can be a short lag between an economic downturn and the time it hits states in the form of lower tax collections, and an even longer delay before the problems hit local governments in the form of reduced state aid and lower property tax collections.

It pointed to the slow pace of decision-making in many states, and the power yielded by politically influential unions. But it also noted that the demand for many government services rises in a recession, and said that billions of dollars of federal stimulus money sent to states helped them avert layoffs.

The expansion, coming as many states and localities are raising taxes, troubled Tad DeHaven, a budget analyst for the Cato Institute, a libertarian research group in Washington. “That is disturbing,” Mr. DeHaven said. “Basically what you have is your producers in society losing their jobs and looking for work, and their tax burden isn’t necessarily going down — and as a matter of fact they are likely to face tax increases going forward — and government growing.”

States are likely to cut more jobs this year. Many have already imposed furloughs on their workers, reducing their pay, and with states facing record declines in tax collections, several are planning to cut their work forces. The report noted that some hard-hit states had already made deep cuts, led by Arizona, which cut its state government employment by 8.6 percent from the spring of 2008 to this spring.

The disparity between the public and private sector job market is striking in places like Boise, Idaho. Since the recession began, the area’s unemployment rate has more than doubled, to over 10.1 percent in June, as big employers, especially in the technology sector, shed workers. The Boise area lost 20,000 jobs in the year ending in June, the Idaho Labor Department said, and saw real gains only in government, which had an increase of 1,400 jobs, mostly in the public schools.

Jon Hanian, a spokesman for Gov. C. L. Otter, a Republican in his first term, said jobs in state government outside of education were declining. The new state budget, which took effect last month, cuts agencies across the board by 5 percent, Mr. Hanian said, but lets agencies decide whether to impose furloughs, cut wages or eliminate positions.

Kerry Korpi, the director of the research and collective bargaining department at the American Federation of State, County and Municipal Employees, a union representing government employees, said the public sector often lagged behind the economy in both downturns and recoveries. Ms. Korpi said that a growing number of government jobs were being eliminated now, and that many government workers had been forced to take pay cuts and pay more for benefits. And she noted that government workers were providing services that are needed in a downturn.

“At a time like this,” she said, “it’s really hard to lay people off at your unemployment office or your food stamp office, where they’re having trouble keeping up with what they’ve got.”

The Center on Budget and Policy Priorities, a liberal research group in Washington, recently reported that 30 states had raised taxes since January, and that at least 40 states were furloughing workers or eliminating jobs through attrition or layoffs. Many are cutting vital services, the center said.

“Crunch time is still to come for the states,” said Jon Shure, the deputy director of the center’s state fiscal project.

 

[CrusaderFrank]

"Well, I'm here to tell you, some time in the next couple of months, we're going to be creating between 250,000 jobs a month and 500,000 jobs a month." -- Joe Biden, April 2010

 

[Truthmatters]

temporary public sector jobs

how did that article prove you claim?

 

[Oldstyle]

temporary public sector jobs

how did that article prove you claim?

Well since my "claim" was that the so called stimulus didn't in fact stimulate the economy...instead simply keeping public sector workers employed while hanging the private sector out to dry...and the NY Times article gives statistics that prove that to be the case...then the article proves my point.

How about you show me some hard statistics that show the Obama Stimulus created any long term employment?

 

[Oldstyle]

"Well, I'm here to tell you, some time in the next couple of months, we're going to be creating between 250,000 jobs a month and 500,000 jobs a month." -- Joe Biden, April 2010

Ah yes...the quote unquote "Summer of Recovery". That statement as well as the laughable ones Nancy Pelosi made about job creation when she was lauding the Obama Stimulus should be played on a non-stop loop of failed promises by this Administration and progressives in general.

 

[Truthmatters]

The CBO says the stimulus worked, it jsut needed to more stimuls and less tax cuts for the wealthy.

Why did the tax cuts in it NOT do what the republicans claimed they woudldo when they INSISTED on them in the package?

 

[Lonestar_logic]

The CBO says the stimulus worked, it jsut needed to more stimuls and less tax cuts for the wealthy.

Why did the tax cuts in it NOT do what the republicans claimed they woudldo when they INSISTED on them in the package?

According to the CBO, the stimulus may have added 3.3 million jobs. In its most recent quarterly appraisal of the stimulus act, the CBO said the stimulus lowered the unemployment rate by between 0.7 and 1.8 percentage points during the quarter ending in June, decreasing the number of unemployed by between 1.4 million and 3.3 million.

Unfortunately, like every mass released bit of news, you have to take it with a grain of salt. Let's take a deeper look into the CBO's estimates and the basis for their conclusions.

The best place to start is right at the CBO itself. On March 8, 2010 CBO Director Douglas Elmendorf spoke at a conference to the National Association for Business Economics (NABE) regarding, among other things, the impact of the stimulus law on the economy. During the session, Elmendorf stated specifically that his team’s estimates do not measure real-world outputs (just inputs), that they do not serve as an independent check on its success or failure, and that if the stimulus had not created jobs the CBO's figures would not reflect that fact.

See, the CBO doesn’t actually count jobs created. Instead, it uses models that assume putting taxpayer money into the system results in additional demand, additional spending, and, ergo, additional jobs. Even before the stimulus passed, the CBO used these same models to predict that the stimulus would create jobs. And now it’s using those same models to estimate that it has created jobs. Ever heard of circular reasoning? But because the CBO relies on slightly updated versions of the same, original models throughout the process, it wouldn’t necessarily detect the fact that the stimulus didn’t work.

Horrors! The Economic Stimulus Program Did Not Work, Says The New York Times and Congressional Budget office

Horrors! Two significant entities have recently reached the same conclusion that the economic stimulus package did not work as it was supposed to to, falling far short of its goals and predictions. The first entity is the New York Times, which reviewed the dire economic status of the country two days ago:

- Annual economic growth is only at 1.8%, far below the 3.1% of last year and below a growth rate of a healthy, growing economy.
- Consumer spending is slowing down, a traditional driver of a robust economy.
- Wages are stagnant and higher prices for food and fuel are straining family budgets.
- Falling home equity values are contributing to downward pressure on consumer confidence and when consumers are not confident, they tend to restrict their spending.
- State and local government budgets are a fiscal mess.

 

[AmericanFirst]

The biggest threat to the economy right now is a group of Americans who will do ANYTHING to trash the economy so they can win the next election

Yeah, they are called DEMOCRATS!!