So, Oldstyle says the following:
Kindly explain a few things, Rshermr...if the stimulus really DID work, then why did unemployment go up?
Because, old economic genius, unemployment does not ever go down immediately. You see, oldstyle, it takes a while to spend the money. If you look, you will see that the stimulus was approved in 2009 but that very little of the stimulus was spent then. Most of it was spent in 2010, with a good deal more spent in 2011 and 2012, And unemployment did go down.
Here is all you need to know about the distribution of the stimulus:
http://www.recovery.gov/Pages/default.aspx
If you care to see the actual facts, you will notice that there are still stimulus dollars being spent.
Second, the stimulus was too small. Way too small. And of the $800B in stimulus, less than $500B was in spending. the rest was in the form of tax cuts, which had very little stimulative value.
If the stimulus really DID work, then why did the Obama Administration have to invent a new economic statistic "jobs saved" to hide the fact that the stimulus that you SAY worked...actually didn't!
Wow. Great con tool talking point. But pure drivel.
Here, Oldstyle, if you ever need the facts on unemployment, this is a good site to find the info:
http://www.davemanuel.com/historical-unemployment-rates-in-the-united-states.php
If you took the cost of the stimulus and divided it by the amount of jobs that were REALLY created? The cost per job is so ridiculously outlandish that you really have to be "out there" to call the stimulus a success.
Yes, well, what is that sentence, Oldstyle? Your opinion, or did you get it from the bat shit crazy con web sites that you normally cruse. Your opinion, if that is what it is, is totally against what economists believe, and different than what the CBO analysis say.
The CBO crunches whatever numbers it is GIVEN. If you give it bullshit to crunch...you'll get crunchy bullshit. It's still bullshit.
Wow. So those analysts and economists that work for the CBO do nothing. Just take numbers and crunch them. so all of that stuff the CBO says about gathering and analyzing, is, according to you untrue. Damn, Oldstyle. Gives us a conundrum, eh. Should we believe you, or the CBO. My money is on the CBO.
The really funny thing is that both republicans and democrats quote the cbo when it is in their favor. The con tool web sites do the same. But, being a true con tool, you attack the source of the information. Because, as usual, you have no integrity.
And, as usual, you have no source for your accusations. Because, if you did, they would be partial republican sites. And, if you do not use impartial sites at all, then you can say anything that you want. But it is just your opinion. And you know how much I value your opinion.