“One of the first things taught in introductory statistics textbooks is that correlation is not causation. It is also one of the first things forgotten.” Thomas Sowell
And?
Do you need me to explain what the means, Winger? I'm sorry...I forget you're more of a "bumper sticker" kind of intellectual.
You need to back up your point
I am still waiting
My point that Obama economic policy had little to do with the economic rebound that finally happened? Let's look at his agenda, Winger! At a time when millions of Americans in the Private Sector were unemployed and burning up their life's savings...what was the first priority of the Obama Administration? A redoing of the healthcare system that injected so much confusion into the economy that businesses were hesitant to hire? A stimulus that kept Public Sector workers employed and did little to nothing for those who had lost their jobs in the Private Sector? Proposed Cap & Trade legislation that would have increased costs across the board for American companies? Waging war against Big Coal and Big Oil?
You know what saved Barack Obama from going down in history as the worst jobs President in the history of this country, Winger? It was the midterm elections in which the Democrats got "shellacked" losing more seats in the House and Senate than any party has lost in modern election history! If THAT hadn't happened the worst recovery from a recession since the Great Depression would have only lasted longer and hurt more people!
Let’s look at cause and effect. Obama’s stimulus directly led to a reversal in the collapse of the stock market, positive GDP and the job market.
A stimulus bill that not a single Republican would support
It had nothing to do with it. DumBama's success (if you could call it that) was the feds pumping trillions of dollars into the stock market. He had no control over that. The Pork Bill only focused on a few industries, and mostly government jobs. It had noting to do with the economy. It had to do with rewarding unions for supporting him.
Experts disagree with you. A situation you must commonly find yourself in.
Recently each of these eminent economists was
asked whether the unemployment rate was lower at the end of 2010 than it would have been without the stimulus bill. Of the 44 economists surveyed, 37 responded, yielding a healthy response rate of 84 percent.
Among those who responded, 36 agreed that the stimulus bill had lowered the unemployment rate, while one disagreed. That lone disagreeing economist, Harvard’s Alberto Alesina (who was one of my thesis advisers), has been a
virulent opponent of the stimulus, although the research that he’s based this upon has come under
sustained criticism, particularly from the International Monetary Fund, which views the study as flawed.
Political discussions about economics have become largely unhinged from those among actual economists.
www.nytimes.com