“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.
Ray, you got some splain’n to do
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All it shows is the commie was in the right place at the right time. An economy couldn't respond in a matter of days. It's impossible. Quantitive easing started in December of the prior year which is a few months from where your chart shows an increase in jobs.
It shows that the Stimulus that The Great Obama passed prevented a Depression
A Stimulus that not a single Republican voted for
It doesn't show that at all. It's in your head. Hell, DumBama couldn't even get his hands on the money yet. Sorry, but you didn't build that.
Funny how Republicans treat Stimulus during an economic crisis.
When Bush requested TARP and Stimulus money, Democrats supported him for the good of the Country.
When Obama requested additional Stimulus, not a single Republican was in favor. They wanted the economy to fail.
When Trump requested $2.2 trillion Stimulus, Democrats supported him for the good of the Country.
Any guess how Republicans would treat such a request from President Biden?
Republicans didn't support it because it was Pork Bill 2, and Pork Bill 1 was a complete failure. Why would Republicans support two failures?
Democrats again loaded this stimulus with pork and delayed it for a week. If they didn't support it, they knew without a doubt, they could kiss the White House and the Congress goodbye, and Nancy could return home for a long due retirement.
Not to worry though. Trump will be reminding people of their demeanor during this crisis at the debates and as we near election. He will not let people forget.
No more pork than was in the Bush stimulus. Republicans have their own pork and you are naive if you can’t see it.
Trumps $2.2 trillion stimulus is loaded with pork and Republicans had no problem supporting it.
Pork? Pork means things that are not related to the problem. What pork do you speak of?
Giving money to people who are not affected by the virus
Pork, Pork, Pork
Votes, Votes, Votes
He's not giving money to people because they might have the virus, he's giving money to most people to try and stop an economic collapse. It's not pork by any definition of the word.
The economic collapse is not because people don’t have money, it is because businesses were forced to close due to virus
Throwing money at the problem will not get those businesses open any sooner
Pork, Pork, Pork
I don't think you know what defines pork. Pork is what the Democrats did; stuff the bill full of partisan goodies that had absolutely nothing to do with the virus or economy. There is nothing partisan about giving everybody money equally. When businesses do open back up, they will depend on people with money to spend, buying their products or services. That's how the economy will kick back up.
Trump added an additional $600.00 a week to unemployment. If somebody gets $400.00 a week from their state, and add that $600.00, that's equal to 60K a year when you consider taxes. In other words, some people will bring in more money than when they worked for a living.
An unemployed couple that has the income level of 120K a year will have plenty of money to spend on those businesses, especially around here where the cost of living is reasonable. The downside to that is they will do whatever they can to stay on unemployment. While that might be bad and costly, it will also continue money going back into circulation.