Obama makes huge announcement

[PatekPhilippe]

When your poll numbers are tanking, when you get your Party's ass kicked in three elections, when you endorse 2 candidates and they lose...what do you do?

You announce another multi billion dollar spending plan to "elevate the middle class".

Apparently the non-existent middle class will be called upon to bail out the President...but since no one has a job and their credit rating is all screwed up the spending measure is just a bunch of hot air in a feeble attempt to boost his poll numbers before the SOTU speech.

 

[Truthmatters]

Its called stimulus and more is still needed.

Thank the president for keeping us out of a depression so far.

 

[Baruch Menachem]

If you do something two times and it fails to work, or actually makes the problem worse, why should you do it a third time?

The stimulus spending last time was more than the government took in in taxes for the year. Most of us on this side think if you are going to throw that much down the toilet, then you should just declare a tax holiday for the year. Costs less, money is in peoples hands today, and tax cuts do stimulate. As opposed to passing money to favored politicians.

This kind of stimulus is the worst kind of trickle down. give it to your freinds, and they will spend the economy into prosperity. As opposed to giving it to productive folks and have them spend money productively.

 

[PatekPhilippe]

The only people the Stimulus is helping is government employees...it's not doing a damn thing for the private sector.....not a damn thing....and neither does this bullshit deflection.

 

[slackjawed]

I come out on the side that thinks this is smoke and lies.
In addition, our federal government shouldn't be engaged in redistribution of wealth.
Especially our grandkids......

 

[Farwalker]

I would have to agree on the fact that the stimulus has done nothing for the private citizen.
They have spent our great grand childrens money and the jobless rate continues to climb.
Has Obama saved us from a depression?
for now

 

[rdean]

If you do something two times and it fails to work, or actually makes the problem worse, why should you do it a third time?

The stimulus spending last time was more than the government took in in taxes for the year. Most of us on this side think if you are going to throw that much down the toilet, then you should just declare a tax holiday for the year. Costs less, money is in peoples hands today, and tax cuts do stimulate. As opposed to passing money to favored politicians.

This kind of stimulus is the worst kind of trickle down. give it to your freinds, and they will spend the economy into prosperity. As opposed to giving it to productive folks and have them spend money productively.

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

 

[Avatar4321]

Its called stimulus and more is still needed.

Thank the president for keeping us out of a depression so far.

You are acting as though there was actually a stimulus at all. Paying off your contributors with tax payer money isnt a stimulus.

 

[Mr.Fitnah]

Great borrow more money to save the economy.

 

[Mr.Fitnah]

Its called stimulus and more is still needed.

Thank the president for keeping us out of a depression so far.

You are acting as though there was actually a stimulus at all. Paying off your contributors with tax payer money isnt a stimulus.

No thats running a political slush fund.

 

[MaggieMae]

The only people the Stimulus is helping is government employees...it's not doing a damn thing for the private sector.....not a damn thing....and neither does this bullshit deflection.

The stimulus hasn't done all it's supposed to do in many areas, but sadly it's ONLY those areas that make it into the news. I wish you people would crack some facts for a change.

Eye on the Stimulus - ProPublica

 

[MaggieMae]

I come out on the side that thinks this is smoke and lies.
In addition, our federal government shouldn't be engaged in redistribution of wealth.
Especially our grandkids......

The redistribution of wealth already occurred, with the haves outnumbering the have-nots by a sizeable margin.

 

[MaggieMae]

Its called stimulus and more is still needed.

Thank the president for keeping us out of a depression so far.

You are acting as though there was actually a stimulus at all. Paying off your contributors with tax payer money isnt a stimulus.

Got some proof of that allegation? Or is that just barstool blather...

 

[Vel]

If you do something two times and it fails to work, or actually makes the problem worse, why should you do it a third time?

The stimulus spending last time was more than the government took in in taxes for the year. Most of us on this side think if you are going to throw that much down the toilet, then you should just declare a tax holiday for the year. Costs less, money is in peoples hands today, and tax cuts do stimulate. As opposed to passing money to favored politicians.

This kind of stimulus is the worst kind of trickle down. give it to your freinds, and they will spend the economy into prosperity. As opposed to giving it to productive folks and have them spend money productively.

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

Can you please tell us where the 800 billion from the first stimulus went?

 

[Mr.Fitnah]

If you do something two times and it fails to work, or actually makes the problem worse, why should you do it a third time?

The stimulus spending last time was more than the government took in in taxes for the year. Most of us on this side think if you are going to throw that much down the toilet, then you should just declare a tax holiday for the year. Costs less, money is in peoples hands today, and tax cuts do stimulate. As opposed to passing money to favored politicians.

This kind of stimulus is the worst kind of trickle down. give it to your freinds, and they will spend the economy into prosperity. As opposed to giving it to productive folks and have them spend money productively.

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

Can you please tell us where the 800 billion from the first stimulus went?

Shovels?

 

[Zoom-boing]

If you do something two times and it fails to work, or actually makes the problem worse, why should you do it a third time?

The stimulus spending last time was more than the government took in in taxes for the year. Most of us on this side think if you are going to throw that much down the toilet, then you should just declare a tax holiday for the year. Costs less, money is in peoples hands today, and tax cuts do stimulate. As opposed to passing money to favored politicians.

This kind of stimulus is the worst kind of trickle down. give it to your freinds, and they will spend the economy into prosperity. As opposed to giving it to productive folks and have them spend money productively.

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

Can you please tell us where the 800 billion from the first stimulus went?

To hell in a hand basket. Oh wait, that would be where we're going . . . .

 

[Dr.House]

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

Can you please tell us where the 800 billion from the first stimulus went?

Shovels?

Hey...

Weren't the shovels ready?

damn shovels...

 

[rdean]

If you do something two times and it fails to work, or actually makes the problem worse, why should you do it a third time?

The stimulus spending last time was more than the government took in in taxes for the year. Most of us on this side think if you are going to throw that much down the toilet, then you should just declare a tax holiday for the year. Costs less, money is in peoples hands today, and tax cuts do stimulate. As opposed to passing money to favored politicians.

This kind of stimulus is the worst kind of trickle down. give it to your freinds, and they will spend the economy into prosperity. As opposed to giving it to productive folks and have them spend money productively.

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

Can you please tell us where the 800 billion from the first stimulus went?

Part of it went to bail out banks,

The profits, collected from eight of the biggest banks that have fully repaid their obligations to the government, come to about $4 billion, or the equivalent of about 15 percent annually, according to calculations compiled for The New York Times.

http://www.nytimes.com/2009/08/31/business/economy/31taxpayer.html

At least half hasn't been used yet.

Less than half the money dedicated to highways, school construction and other infrastructure projects in a massive economic stimulus package unveiled by House Democrats is likely to be spent within the next two years, according to congressional budget analysts, meaning most of the spending would come too late to lift the nation out of recession.

Stimulus Projects May Be Slow to Jolt Economy, CBO Says - washingtonpost.com

Glad I could help.

 

[PatekPhilippe]

Atually, what they need to spend it on is America's infrastructure. In 2007, a packed bridge fell into the river during rush hour. The resulting investigation led to the discovery of more then 70,000 US bridges being unsafe.

Why are these kinds of projects "no brainers"?

Heavy equipment is needed. All the people it takes to make that. Then there are the bridge materials and all the people it takes to make that. Then there is the actual bridge building and all those people. They work, they pay taxes, the taxes fund more work.

It's a "loop" of jobs -> taxes -> spending -> work -> more jobs.

Democrats aren't focusing on bridges, roads, dams, docks, and trains. THAT'S where the money needs to go. Republicans just want to do "nothing".

Can you please tell us where the 800 billion from the first stimulus went?

Part of it went to bail out banks,

The profits, collected from eight of the biggest banks that have fully repaid their obligations to the government, come to about $4 billion, or the equivalent of about 15 percent annually, according to calculations compiled for The New York Times.

http://www.nytimes.com/2009/08/31/business/economy/31taxpayer.html

At least half hasn't been used yet.

Less than half the money dedicated to highways, school construction and other infrastructure projects in a massive economic stimulus package unveiled by House Democrats is likely to be spent within the next two years, according to congressional budget analysts, meaning most of the spending would come too late to lift the nation out of recession.

Stimulus Projects May Be Slow to Jolt Economy, CBO Says - washingtonpost.com

Glad I could help.

I like this rdean...please stay.

 

[Zoom-boing]

At least half hasn't been used yet.

Less than half the money dedicated to highways, school construction and other infrastructure projects in a massive economic stimulus package unveiled by House Democrats is likely to be spent within the next two years, according to congressional budget analysts, meaning most of the spending would come too late to lift the nation out of recession.

Stimulus Projects May Be Slow to Jolt Economy, CBO Says - washingtonpost.com

Glad I could help.

Wasn't the point of the ginormous stimuless bill . . . . to help get us out of the recession? So if half of the spending comes a day late and a dollar short, what the hell? And for the love of God if most of it wasn't even going to hit for several years why the huge rush job on it? No time to even read it?