Stimulus spending stimulating the economy

Discussion in 'Politics' started by LilOlLady, Oct 14, 2012.

  1. LilOlLady
    Offline

    LilOlLady Gold Member

    Joined:
    Apr 20, 2009
    Messages:
    7,841
    Thanks Received:
    660
    Trophy Points:
    140
    Location:
    Reno, NV
    Ratings:
    +761
    STIMULUS SPENDING STIMULATING THE ECONOMY
    Spending our way out of the recession and not the first time. If Romney/Ryan plan to cut taxes, cut entitlements and cut spending, we will dig our selves deeper into a recession and maybe a depression.
    Businesses create jobs when people purchase their products or services creating a demand for more products or services. In order for businesses to produce more products and services to meet demand more workers are needed so hiring takes place and unemployment drops and the economy recovers. A domino effect take place. Obama’s stimulus spending stimulated economic recover. The stimulus created 2.5 million jobs and those jobs created more jobs. Loans to banks and auto industry save and create jobs and they are paying back the loans with interest. We have had steady job creation since the stimulus and now unemployment is at 7.8%. Tax revenue is growing, Social Security income is growing. Stimulus has shown how jobs create jobs stimulating economic growth that will continue for years but the stimulus was not big enough for faster recovery. The projected 12 million jobs that will be created in the next 10 years is because of the stimulus continuing stimulating economic growth and not by Romney/Ryan tax cuts, cuts in government spending and cuts in entitlement which will cause consumers to spend less, etc….
    We have had 12 years of tax cut for the rich and it did not create one job. How many jobs did Romney create with his tax cuts? Romney will not create 12 million jobs in the next 10 years, economic growth from Obama’s stimulus will. If tax cuts created jobs, unemployment would be at 5% instead of 7.8%.
    Government infrastructure spending is the only way to economic recovery and the government is the only program that can afford to spend and create jobs
    Businesses cannot survive if no spending. Government has to spend in infrastructures and programs even if they have to borrow if there is ever lasting economic recovery. Businesses borrow to invest in their businesses in order to meet the demand and have a successful business.
    For your info Mr. Huckabee. Businesses are not usually started by people using their own personal savings. They borrow. Loans from banks or Government loans. Like Romney/Bain did and did not pay back the loan but made millions. Romney\Bain did not built it all by themselves.
    A bail-out for Romney?
    Mitt Romney and Bain & Company: A bail-out for Romney? | The Economist
     
  2. Matthew
    Online

    Matthew Blue dog all the way!

    Joined:
    Mar 16, 2010
    Messages:
    49,688
    Thanks Received:
    4,596
    Trophy Points:
    1,885
    Location:
    Portland Oregon
    Ratings:
    +15,161
    Spending on what? He isn't building infrastructure or making solid jobs within high paying fields of technological, engineering, ect. Most of the jobs are part time for crying out loud or wasteful green energy give aways.

    He's cutting nasa and other area's that we need to compete with the rest of the world while giving out free shit to everyone. What a retard.
     
    Last edited: Oct 14, 2012
  3. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Almost four years, yet the economic growth rate can't bust and maintain 3%.

    And this is what Obammybots like LilOlMoonbat claim as "success".

    Fuck me..:lol:
     
  4. Sinjorri
    Offline

    Sinjorri Senior Member

    Joined:
    Mar 6, 2012
    Messages:
    2,037
    Thanks Received:
    267
    Trophy Points:
    48
    Ratings:
    +267
    teh economy is still crap people, SUCCESS SUCCESS and liberals wonder why conservatives think they hate the country, because we applaud failure and ruin to this country. It brings a tear to my eye when we scream how successful we are with each failure brought on to this country.
     
  5. Avorysuds
    Offline

    Avorysuds Gold Member

    Joined:
    Jul 4, 2010
    Messages:
    13,834
    Thanks Received:
    1,655
    Trophy Points:
    245
    Location:
    Eugene Oregon
    Ratings:
    +2,141
    Does anyone but other hacks listen to lilollady these days?
     
    • Thank You! Thank You! x 1
  6. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    Nope

    The Desperation is just to unseemly
     
    • Thank You! Thank You! x 1
  7. Claudette
    Offline

    Claudette Gold Member

    Joined:
    Nov 3, 2009
    Messages:
    19,596
    Thanks Received:
    3,019
    Trophy Points:
    280
    Ratings:
    +7,658
    Shit. I'm still waiting for the "shovel ready" jobs.

    You know. The jobs that stimulus was going to create.
     

Share This Page