Myth Debunked: Obama Stimulus Failed

[SniperFire]

Wall Street Journal:

Why the Stimulus Failed

Review & Outlook:Why the Stimulus Failed - WSJ.com

 

[Toddsterpatriot]

Last August, the nonpartisan Congressional Budget Office estimated that the stimulus package created between 1.4 and 4 million jobs.

I have had this conversation before about this.
Can we narrow the gap a bit more here.

Did it create
1 million or
4 million...

Until someone does that these numbers are meaningless...
How can you guys post this.
You stick out your chest like you have this smoking gun evidence to shut the right up
and you have a spread like that...

Well it could be 1 million
or let me see.....maybe it was 4 million...

Yeh that's it that's the ticket...

Pretty weak.

estimates. btw, creating jobs is what the stimulus has done. myth debunked

Great job! An extra $5 trillion in debt and we still have fewer jobs than the day he walked into the Oval Office.

 

[Avorysuds]

Bush saved the US from 837 depressions and WW3, WW4 and Galaxy Wars1 (GW1)... Prove me wrong RW. Bush also saved 3/4th of the US population dying to something bad... again, prove me wrong RW.

To pretend Obama's stimulus saved us from a depression when every projection Obama and his admin made were incredibly wrong proves that even when you're wrong about something, lie bigger.

Obama says with the stimulus UE won’t go over 8% , UE then hits 10%... So now claim the stimulus saved us from a depression… Well you got it wrong the first time, so on what grounds should I believe you know tf you’re talking about now?

 

[Toddsterpatriot]

Stimulus prevented a depression and saved the auto and financial sectors

Not too shabby

TARP saved the auto and finance sectors. The stimulus was just a union slush fund.

 

[SniperFire]

Banks were falling like Dominos.

If Obama had listened to Conservatives and let them work it out ....they all would have failed. TARP prevented that collapse and helped stave off depression

So TARP prevented the banking collapse, not the Stimulus as you stated in you first post of this thread?

TARP was a stimulus

No, it was not. But keep making stupid shit up as you go.

The Differences Between TARP And The Economic Stimulus Package
There is confusion over the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus package) and the Emergency Economic Stabilization Act of 2008, also known as the Troubled Assets Relief Program (TARP).
Some people have taken liberties with both, lumping TARP in with the economic stimulus package and saying that they oppose the economic stimulus package because of TARP. However, TARP was not meant to stimulate anything. '

the albany project:: The Differences Between TARP And The Economic Stimulus Package


Now, this is where you change your story again.

 

[Avorysuds]

This whole debate gets old so fast.

No one claims the stimulus didn’t create jobs, sure it did… It created very expensive temporary jobs, and that’s the issue. Why shouldn't the Government just employee everyone and pay them well everytime it feels a recession coming on? RW, maybe you would like to pretend you know the answer to this?

 

[rightwinger]

So TARP prevented the banking collapse, not the Stimulus as you stated in you first post of this thread?

TARP was a stimulus

No, it was not. But keep making stupid shit up as you go.

The Differences Between TARP And The Economic Stimulus Package
There is confusion over the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus package) and the Emergency Economic Stabilization Act of 2008, also known as the Troubled Assets Relief Program (TARP).
Some people have taken liberties with both, lumping TARP in with the economic stimulus package and saying that they oppose the economic stimulus package because of TARP. However, TARP was not meant to stimulate anything. '

the albany project:: The Differences Between TARP And The Economic Stimulus Package


Now, this is where you change your story again.

Well ...let's see

Republicans opposed both
Both TARP AND Stimulus combined to stave off a depression and reverse an economy in complete collapse.

Neither could have done it on their own....Republicans tried to block both

 

[Avorysuds]

TARP was very bad for this country. Again, like claiming the recession would have been a depression, that is what people claim about TARP... We'll never know and the bad debt will never be liquidated.

Anyways, TARP is supposed to be paid back, the fucking stimulus is welfare.

 

[blackhawk]

We were told if the stimulus was passed unemployment would not go above 8%. What is the current unemployment rate?

 

[Avorysuds]

TARP was a stimulus

No, it was not. But keep making stupid shit up as you go.

The Differences Between TARP And The Economic Stimulus Package
There is confusion over the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus package) and the Emergency Economic Stabilization Act of 2008, also known as the Troubled Assets Relief Program (TARP).
Some people have taken liberties with both, lumping TARP in with the economic stimulus package and saying that they oppose the economic stimulus package because of TARP. However, TARP was not meant to stimulate anything. '

the albany project:: The Differences Between TARP And The Economic Stimulus Package


Now, this is where you change your story again.

Well ...let's see

Republicans opposed both
Both TARP AND Stimulus combined to stave off a depression and reverse an economy in complete collapse.

Neither could have done it on their own....Republicans tried to block both

Didn't Bush pass TARP or am I missing something?

 

[Toddsterpatriot]

TARP was a stimulus

No, it was not. But keep making stupid shit up as you go.

The Differences Between TARP And The Economic Stimulus Package
There is confusion over the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus package) and the Emergency Economic Stabilization Act of 2008, also known as the Troubled Assets Relief Program (TARP).
Some people have taken liberties with both, lumping TARP in with the economic stimulus package and saying that they oppose the economic stimulus package because of TARP. However, TARP was not meant to stimulate anything. '

the albany project:: The Differences Between TARP And The Economic Stimulus Package


Now, this is where you change your story again.

Well ...let's see

Republicans opposed both
Both TARP AND Stimulus combined to stave off a depression and reverse an economy in complete collapse.

Neither could have done it on their own....Republicans tried to block both

If the $800 billion "stimulus" saved 1.4 million to 4 million jobs, Obama's $5 trillion in deficits must have saved 8.4 million to 24 million jobs. Conservatively.

 

[Dante]

We were told if the stimulus was passed unemployment would not go above 8%. What is the current unemployment rate?

then you're an idiot. no one can guarantee a specific number of jobs. that is voodoo science.

 

[buckeye45_73]

USMB's Oddball Dude, using his felty-logic again? Felty-logic? Shit that sticks to ones brain like felt tape.

You can't prove your bullshit with any positively verifiable causal evidence....That is a fact.

Too bad for you.

Now, go stick some more pins in your voodoo doll.

Voodoo dolls? You people adore Reagan and his Bushes

A question was asked once about people like you...

Can the public trust a man who denied calling Reaganomics ''voodoo economics'' until a journalist turned up a videotape of Bush saying those very words, or who still denies knowing about arms-to-the-Ayatollah despite the fact that he attended a dozen meetings where it was discussed? And if he's already proved to be untrustworthy, why believe Bush's exaggerations today?

and then we had "Read my lips: no new taxes."

You people have been believing lies since the early days of voodoo economics/Reaganomics. You people even lie about your promises and then attack everyone else as being a liar.

projection

you like gay voodoo

 

[Dante]

I have had this conversation before about this.
Can we narrow the gap a bit more here.

Did it create
1 million or
4 million...

Until someone does that these numbers are meaningless...
How can you guys post this.
You stick out your chest like you have this smoking gun evidence to shut the right up
and you have a spread like that...

Well it could be 1 million
or let me see.....maybe it was 4 million...

Yeh that's it that's the ticket...

Pretty weak.

estimates. btw, creating jobs is what the stimulus has done. myth debunked

Great job! An extra $5 trillion in debt and we still have fewer jobs than the day he walked into the Oval Office.

The USA was losing how many jobs a day before Obama came in? He slowed down the flow of jobs dying and then stopped it, and you have the imbecilic notion that that equals a bad thing?

 

[SniperFire]

TARP was a stimulus

No, it was not. But keep making stupid shit up as you go.

The Differences Between TARP And The Economic Stimulus Package
There is confusion over the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus package) and the Emergency Economic Stabilization Act of 2008, also known as the Troubled Assets Relief Program (TARP).
Some people have taken liberties with both, lumping TARP in with the economic stimulus package and saying that they oppose the economic stimulus package because of TARP. However, TARP was not meant to stimulate anything. '

the albany project:: The Differences Between TARP And The Economic Stimulus Package


Now, this is where you change your story again.

Well ...let's see

Republicans opposed both

Republicans voted against a lot of things.

Does not mean you can get away with passing off your bullshit as fact.

 

[rightwinger]

We were told if the stimulus was passed unemployment would not go above 8%. What is the current unemployment rate?

FAIL

Unemployment was already above 8% when stimulus passed

Maybe if Republicans had not slowed down the passing of stimulus

 

[Oddball]

We were told if the stimulus was passed unemployment would not go above 8%. What is the current unemployment rate?

FAIL

Unemployment was already above 8% when stimulus passed

Maybe if Republicans had not slowed down the passing of stimulus

Maybe if you wore the ruby slippers and clicked your heels together...

 

[Rozman]

I have had this conversation before about this.
Can we narrow the gap a bit more here.

Did it create
1 million or
4 million...

Until someone does that these numbers are meaningless...
How can you guys post this.
You stick out your chest like you have this smoking gun evidence to shut the right up
and you have a spread like that...

Well it could be 1 million
or let me see.....maybe it was 4 million...

Yeh that's it that's the ticket...

Pretty weak.

estimates. btw, creating jobs is what the stimulus has done. myth debunked

Great job! An extra $5 trillion in debt and we still have fewer jobs than the day he walked into the Oval Office.

Great job! An extra $5 trillion in debt and we still have fewer jobs than the day he walked into the Oval Office.

Amen....

And what does the left want to do again.....

Spend more.
Do another stimulus....

And by the way Tarp was done to prop up the banks.
Stimulus was to jump start hiring.
Remember those shovel ready jobs that Obama even admitted he lied about.

 

[SniperFire]

Stimulus prevented a depression and saved the auto and financial sectors

Not too shabby

No, Stimulus did NOT save the auto and financial sectors.

 

[Avorysuds]

This thread was doomed out the gate... Yet 2 keep trying to keep it alive, lol.

"I hate fuckin Republicans!!!." That is all I see, over and over and over.