The Education of Palin vs Obama

[CrusaderFrank]

your still claiming he caused a 10% unemployment with his amazing magical power.

what would unemployment be if he had not passed his stimulus?

heres a good idea of what probably would have happened:

Ezra Klein - Research Desk: Where would unemployment and GDP growth be without the stimulus?

So Hussein lied about Stimulus keeping unemployment under 8%?

so Bush lied about WMD's. i think his war has cost way more than the stimulus in both money and human life.

Wow.

Love how you defend your Savior, the Ossiah.

Let's stay with the Stimulus that was supposed to keep unemployment under 8% hmmmkay?

 

[Common Sense]

what was the alternative? do nothing and hope the "free market" amazingly corrects itself? so he under estimated the recession. is that necessarily a bad thing? he had faith in the american people that the economy would recover. The damage was way way worse than anyone had imagined.

at least he took action. im sure you all would be screaming bloody murder had unemployment jumped to 15% and there was no stimulus or government action at all. its all cause an effect. no president gets everything right all the time.

many dems thought the stimulus was too small and should have been larger. but repubs didnt want a stimulus at all. so who is right and who is wrong in that case?

let say it was bigger and the recovery happened faster, would you still be complaining about the debt and deficit of jobs were being created? or would you still complain about it?

now all of a sudden the GOP cares about the debt and deficit. but your messiah Cheney has always said "deficits dont matter" and "tax cuts pay for themselves". all of which have turned out to be completely untrue.

hindsight is 20/20

 

[CrusaderFrank]

what was the alternative? do nothing and hope the "free market" amazingly corrects itself? so he under estimated the recession. is that necessarily a bad thing? he had faith in the american people that the economy would recover. The damage was way way worse than anyone had imagined.

at least he took action. im sure you all would be screaming bloody murder had unemployment jumped to 15% and there was no stimulus or government action at all. its all cause an effect. no president gets everything right all the time.

many dems thought the stimulus was too small and should have been larger. but repubs didnt want a stimulus at all. so who is right and who is wrong in that case?

let say it was bigger and the recovery happened faster, would you still be complaining about the debt and deficit of jobs were being created? or would you still complain about it?

now all of a sudden the GOP cares about the debt and deficit. but your messiah Cheney has always said "deficits dont matter" and "tax cuts pay for themselves". all of which have turned out to be completely untrue.

hindsight is 20/20

Had Obama cut taxes and government spending unemployment would be under 6% and falling, if it helps I could do a chart showing that because you seem to be really impressed with charts

As it is, Obama the genius, either lied about the effect of the Stimulus or is too dumb to know how the US economy works, there's no other alternative

 

[Common Sense]

what was the alternative? do nothing and hope the "free market" amazingly corrects itself? so he under estimated the recession. is that necessarily a bad thing? he had faith in the american people that the economy would recover. The damage was way way worse than anyone had imagined.

at least he took action. im sure you all would be screaming bloody murder had unemployment jumped to 15% and there was no stimulus or government action at all. its all cause an effect. no president gets everything right all the time.

many dems thought the stimulus was too small and should have been larger. but repubs didnt want a stimulus at all. so who is right and who is wrong in that case?

let say it was bigger and the recovery happened faster, would you still be complaining about the debt and deficit of jobs were being created? or would you still complain about it?

now all of a sudden the GOP cares about the debt and deficit. but your messiah Cheney has always said "deficits dont matter" and "tax cuts pay for themselves". all of which have turned out to be completely untrue.

hindsight is 20/20

Had Obama cut taxes and government spending unemployment would be under 6% and falling if it helps I could do a chart showing that because you seem to be really impressed with charts

As it is, Obama, the genius either lied about the effect of the Stimulus or is too dumb to know how the US economy works, there's no other alternative

back to the old cut taxes and cut spending argument. ok lets hear it.

what are the exact cut you would have put in place. what specific programs, and what dollar amounts does that entail? also how many jobs would have been lost by these tax cuts and reduced spending?

so lets see some charts........

 

[CrusaderFrank]

what was the alternative? do nothing and hope the "free market" amazingly corrects itself? so he under estimated the recession. is that necessarily a bad thing? he had faith in the american people that the economy would recover. The damage was way way worse than anyone had imagined.

at least he took action. im sure you all would be screaming bloody murder had unemployment jumped to 15% and there was no stimulus or government action at all. its all cause an effect. no president gets everything right all the time.

many dems thought the stimulus was too small and should have been larger. but repubs didnt want a stimulus at all. so who is right and who is wrong in that case?

let say it was bigger and the recovery happened faster, would you still be complaining about the debt and deficit of jobs were being created? or would you still complain about it?

now all of a sudden the GOP cares about the debt and deficit. but your messiah Cheney has always said "deficits dont matter" and "tax cuts pay for themselves". all of which have turned out to be completely untrue.

hindsight is 20/20

Had Obama cut taxes and government spending unemployment would be under 6% and falling if it helps I could do a chart showing that because you seem to be really impressed with charts

As it is, Obama, the genius either lied about the effect of the Stimulus or is too dumb to know how the US economy works, there's no other alternative

back to the old cut taxes and cut spending argument. ok lets hear it.

what are the exact cut you would have put in place. what specific programs, and what dollar amounts does that entail? also how many jobs would have been lost by these tax cuts and reduced spending?

so lets see some charts........

Just to put it in perspective, the Obama Stimulus could have built 43,000 Wasilla Sports Complexes.

I gave a list of spending cut many many many times but here goes again: Department of Education, Department of Energy, Tennessee Valley Authority , Rural Electrification, Farmers Home Administration, and they Fannie and Freddie, and that's just my first week.

It would save tens of billion annually and we would give some sap a chance to buy them (without federal subsidies) before we fired everyone. That would add maybe 100,000 people to unemployment, but big deal, Obama unemploys that many Americans every 2 weeks on average

 

[Common Sense]

Just to put it in perspective, the Obama Stimulus could have built 43,000 Wasilla Sports Complexes.

I gave a list of spending cut many many many times but here goes again: Department of Education, Department of Energy, Tennessee Valley Authority , Rural Electrification, Farmers Home Administration, and they Fannie and Freddie, and that's just my first week.

It would save tens of billion annually and we would give some sap a chance to buy them (without federal subsidies) before we fired everyone. That would add maybe 100,000 people to unemployment, but big deal, Obama unemploys that many Americans every 2 weeks on average

Department of Education (how does losing this create jobs?)
5,000 jobs lost
$68 Billion annually


Department of Energy (once again, how does getting rid of this create jobs?)
16,100 Federal employees and 100,000 contract employees
$26.4 billion annual budget

Tennessee Valley Authority
$248 million annual budget (but.... TVA no longer receives congressional appropriations to help fund its activities in navigation, flood control, environmental research and land management. Today all of its programs are paid for with power revenues.): TVA: About TVA
another failure on your part to realize no tax dollars are used to support this company


Rural Electrification
yes lets eliminate bringing power to rural areas of the county. great idea

Farmers Home Administration
no longer exists, it is part of the USDA


Fannie Mae & Fredie Mac

ill let CNN explain this one, if we had let them fail:
The Fannie and Freddie doomsday scenario - Jul. 9, 2008


do you have effectively cut 121,000 more jobs and saved $94.4 billion by cutting the department of energy and eduction
this doesnt count the number of jobs that are lost by programs that the DOE and ED support. (which would probably bring that number closer to 200,000 jobs)
now lets hear how cutting these programs creates jobs.

you saved the government $78,000 per job lost. fantastic reasoning.

 

[CrusaderFrank]

Just to put it in perspective, the Obama Stimulus could have built 43,000 Wasilla Sports Complexes.

I gave a list of spending cut many many many times but here goes again: Department of Education, Department of Energy, Tennessee Valley Authority , Rural Electrification, Farmers Home Administration, and they Fannie and Freddie, and that's just my first week.

It would save tens of billion annually and we would give some sap a chance to buy them (without federal subsidies) before we fired everyone. That would add maybe 100,000 people to unemployment, but big deal, Obama unemploys that many Americans every 2 weeks on average

Department of Eduction (how does losing this create jobs?)
5,000 jobs lost
$68 Billion annually


Department of Energy (once again, how does getting rid of this create jobs?)
16,100 Federal employees and 100,000 contract employees
$26.4 billion annual budget

Tennessee Valley Authority
$248 million annual budget (but.... TVA no longer receives congressional appropriations to help fund its activities in navigation, flood control, environmental research and land management. Today all of its programs are paid for with power revenues.): TVA: About TVA
another failure on your part to realize no tax dollars are used to support this company


Rural Electrification
yes lets eliminate bringing power to rural areas of the county. great idea

Farmers Home Administration
no longer exists, it is part of the USDA


Fannie Mae & Fredie Mac

ill let CNN explain this one, if we had let them fail:
The Fannie and Freddie doomsday scenario - Jul. 9, 2008


do you have effectively cut 121,000 more jobs and saved $94.4 billion by cutting the department of energy and eduction
this doesnt count the number of jobs that are lost by programs that the DOE and ED support. (which would probably bring that number closer to 200,000 jobs)
now lets hear how cutting these programs creates jobs.

you saved the government $78,000 per job lost. fantastic reasoning.

Do you know that the US economy and the Federal government are 2 different things?

Fannie and Freddie need to be consolidated and never be allowed to buy a single family mortgage again and then sold to the highest bidder

 

[Common Sense]

[q
Department of Education (how does losing this create jobs?)
5,000 jobs lost
$68 Billion annually


Department of Energy (once again, how does getting rid of this create jobs?)
16,100 Federal employees and 100,000 contract employees
$26.4 billion annual budget

Tennessee Valley Authority
$248 million annual budget (but.... TVA no longer receives congressional appropriations to help fund its activities in navigation, flood control, environmental research and land management. Today all of its programs are paid for with power revenues.): TVA: About TVA
another failure on your part to realize no tax dollars are used to support this company


Rural Electrification
yes lets eliminate bringing power to rural areas of the county. great idea

Farmers Home Administration
no longer exists, it is part of the USDA


Fannie Mae & Fredie Mac

ill let CNN explain this one, if we had let them fail:
The Fannie and Freddie doomsday scenario - Jul. 9, 2008


do you have effectively cut 121,000 more jobs and saved $94.4 billion by cutting the department of energy and eduction
this doesnt count the number of jobs that are lost by programs that the DOE and ED support. (which would probably bring that number closer to 200,000 jobs)
now lets hear how cutting these programs creates jobs.

you saved the government $78,000 per job lost. fantastic reasoning.

Do you know that the US economy and the Federal government are 2 different things?

Fannie and Freddie need to be consolidated and never be allowed to buy a single family mortgage again and then sold to the highest bidder

so i thoroughly debunk your "cuts" as not actually creating any jobs, or saving any large amount of $, and your response is still to get rid of fannie and freddie.

what happened to your support of cutting Department of Education, Department of Energy, Tennessee Valley Authority , Rural Electrification?

oh thats right, cutting those programs wont do a thing. and you still didnt address how cutting any of these programs creates jobs, or did you forget that little part of the conversation....

since 85% of the federal budget is medicare, medicaid, social security, defense and interest on the debt, lets see how you intended to make cuts there.... even if you cut the entire other 15% of the budget, you still fall short of cutting the deficit. but notice, you didnt mention any cuts to any of these programs.


Fannie and Freddie need to be consolidated and never be allowed to buy a single family mortgage again and then sold to the highest bidder
oh you mean like all those mortgage security brokers did to wall street? so now you want to regulate them? these may be viable programs to scale back, in both size and responsibility, but they also provide a lot of first time homeowners with loans that traditional banks dont want to give out.