The stimulus worked

[Truthmatters]

Sorry but the stimulus is working.

I know this blows your whole world view but reality is really much more fun than you think it is.

 

[xsited1]

Sorry but the stimulus is working.

I know this blows your whole world view but reality is really much more fun than you think it is.

It depends on what you mean by 'working'. The markets are up. That's to be expected when you dump a trillion dollars into the market. However, like cocaine, it'll make you feel 'up' for a time. Eventually we'll have to pay for it. At the rate government spends money, I don't believe that will be possible.

BTW, I do find it amusing that you talk about 'reality' as if you actually knows what it is. That made me .

 

[Meister]

I put this on a thread in another forum. Is it the stimulus, or is it just the natural cycle of a recovery from the recession? Maybe, just maybe it isn't the stimulus as much as you think, truth.

First, for all of the newer business owners, Recessions happen regularly. Actually, we have one about every 8 to 9 years. There has never been a decade without one. Having said that, we must also remember that all recessions do come to an end. The normal length of a recession is 1 to 2 years. However considering that housing and fuel are involved, the cornerstone of most economies, plan on this one to stretch to the 1 to 3 year time frame.

The R Word ? Recession ? Time to Revisit It

 

[mal]

MSN Right Now:

Dow rises on strong data | Check Markets

Dow 10,113.58 -6.88 (-0.07%)
NASDAQ 2,154.66 -24.34 (-1.12%)
S&P 1,080.28 -4.25 (-0.39%)

^Drynkin' the Koolaid again?...



peace...

 

[rdean]

MSN Right Now:

Dow rises on strong data | Check Markets

Dow 10,113.58 -6.88 (-0.07%)
NASDAQ 2,154.66 -24.34 (-1.12%)
S&P 1,080.28 -4.25 (-0.39%)

^Drynkin' the Koolaid again?...



peace...

History of Dow Jones Industrial Average

2000
Jan 07 Rises 269.30 to close at 11,522.56, first close above 11,500.00.

2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?

2010
Jan 27 - 10,087.43 - last 52 weeks 6,469.95 ----> 10,729.89

peace...

 

[Meister]

MSN Right Now:

Dow rises on strong data | Check Markets

Dow 10,113.58 -6.88 (-0.07%)
NASDAQ 2,154.66 -24.34 (-1.12%)
S&P 1,080.28 -4.25 (-0.39%)

^Drynkin' the Koolaid again?...



peace...

History of Dow Jones Industrial Average

2000
Jan 07 Rises 269.30 to close at 11,522.56, first close above 11,500.00.

2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?

2010
Jan 27 - 10,087.43 - last 52 weeks 6,469.95 ----> 10,729.89

peace...

I guess your stating we are coming out of a recession? Nobody will deny that rdean, so what's your point?

 

[rdean]

MSN Right Now:

Dow rises on strong data | Check Markets

Dow 10,113.58 -6.88 (-0.07%)
NASDAQ 2,154.66 -24.34 (-1.12%)
S&P 1,080.28 -4.25 (-0.39%)

^Drynkin' the Koolaid again?...



peace...

History of Dow Jones Industrial Average

2000
Jan 07 Rises 269.30 to close at 11,522.56, first close above 11,500.00.

2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?

2010
Jan 27 - 10,087.43 - last 52 weeks 6,469.95 ----> 10,729.89

peace...

I guess your stating we are coming out of a recession? Nobody will deny that rdean, so what's your point?

Oh, are we coming out of a recession or just missed a great depression? Perhaps someone could say, "Thanks Obama"? Perhaps? Maybe?

But probably not.

 

[Baruch Menachem]

Before Stimulus, I was employed. After Stimulus, I was not.

And finding a job here in Oregon is hard.

How do you define "Worked?"

 

[Zoom-boing]

The money will be stimulating the economy for the next few years to try and head off a double dip recession.

Not according to Christina Romer, White House Economic Advisor. This came out last October:

[ame=http://www.youtube.com/watch?v=DQ9y73On0GY]YouTube - White House Economic Advisor Christina Romer : Stimulus Package Is A Bust !!![/ame]

 

[Meister]

History of Dow Jones Industrial Average

2000
Jan 07 Rises 269.30 to close at 11,522.56, first close above 11,500.00.

2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?

2010
Jan 27 - 10,087.43 - last 52 weeks 6,469.95 ----> 10,729.89

peace...

I guess your stating we are coming out of a recession? Nobody will deny that rdean, so what's your point?

Oh, are we coming out of a recession or just missed a great depression? Perhaps someone could say, "Thanks Obama"? Perhaps? Maybe?

But probably not.

rdean, read my post #43 on this thread, it just may enlighten you....but it probably won't.

 

[uscitizen]

Just another stat from the link above.

2008
Oct 09 Rises 120.80 to close at 14,164.53, first close above 14,100 - All time closing high
The DJIA has risen 6,878.26, or 94%, since the low point of Oct 9, 2002, 5 years ago

 

[Midnight Marauder]

Oh, are we coming out of a recession or just missed a great depression?

Speculation.

Just like it's speculation that the bottom might drop completely out soon anyway, and a depression will still result.

We're far, far from out of the woods.

 

[eagleseven]

Thanks Obama?

Thanks, Obama!

 

[Kevin_Kennedy]

The stimulus helped the economy like drugs help drug addicts with their withdrawal symptoms.

 

[Neubarth]

I was glad to see the pullback of the stock market today. I have posted on 48 Internet forums telling people that GDP does not mean Jack Shit, and finally the message managed to make it out to the American public.

I noted with amusement that Yahoo realized that something was effecting American opinion about the value of GDP. I will kindly take credit for that. It is fun to win a battle against the corrupt sons of bitches who have been running this country.

 

[Neubarth]

Oh, are we coming out of a recession or just missed a great depression?

Speculation.

Just like it's speculation that the bottom might drop completely out soon anyway, and a depression will still result.

We're far, far from out of the woods.

I project that the Euro is going to collapse within two weeks. Goodbye solidarity of the European Economic Union. It will be a thing to discuss in world history for the next hundred years or less..

 

[Neubarth]

History of Dow Jones Industrial Average

2000
Jan 07 Rises 269.30 to close at 11,522.56, first close above 11,500.00.

2008
Nov 20 Falls 444.99 to close at 7,552.59, down 5.56%, lowest close since June 23, 1997
The DJIA has fallen 5,712.23 or 43% since Jan 1, 2008
Does this bear market have a bottom?

2010
Jan 27 - 10,087.43 - last 52 weeks 6,469.95 ----> 10,729.89

peace...

I guess your stating we are coming out of a recession? Nobody will deny that rdean, so what's your point?

Oh, are we coming out of a recession or just missed a great depression? Perhaps someone could say, "Thanks Obama"? Perhaps? Maybe?

But probably not.

I keep on telling people that we have entered the Greatest Depression that the World has ever seen. This is not the Great Depression, it is far far worse.

 

[Midnight Marauder]

Oh, are we coming out of a recession or just missed a great depression?

Speculation.

Just like it's speculation that the bottom might drop completely out soon anyway, and a depression will still result.

We're far, far from out of the woods.

I project that the Euro is going to collapse within two weeks. Goodbye solidarity of the European Economic Union. It will be a thing to discuss in world history for the next hundred years or less..

I don't see that happening any time soon. The EU is propped up almost better than we are.

If the bottom falls out of the Euro, it doesn't necessarily follow that would be bad for the dollar right away anyhow.

In your zeal to promote panic, you're forgetting how resilient the markets really are.

 

[Immanuel]

do you know what the definition of a recession is?

It officially became a depression at 12:28pm ET, Friday, January 29th, 2010.

I don't know what kind of lies you have been reading but from where I sit, 2009 sucked every way you look at it, and 2010 isn't shaping up to be any better. Maybe you should wait for the "revised" figures?

Immie

 

[Neubarth]

Speculation.

Just like it's speculation that the bottom might drop completely out soon anyway, and a depression will still result.

We're far, far from out of the woods.

I project that the Euro is going to collapse within two weeks. Goodbye solidarity of the European Economic Union. It will be a thing to discuss in world history for the next hundred years or less..

I don't see that happening any time soon. The EU is propped up almost better than we are.

If the bottom falls out of the Euro, it doesn't necessarily follow that would be bad for the dollar right away anyhow.

In your zeal to promote panic, you're forgetting how resilient the markets really are.

You obviously do not have a clue what is going on around you, do you?

In my sixty two years of life I have learned a lot about reality. Go take a course from Doctor Reality and tell me what you have learned.