Poor cons.
Obama now owns the mantle of better economic ideas but also owns the mantle on better in protecting us.
You guys have nothing left but the war on women
Soon he'll own the mantle of first black one term president.
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Poor cons.
Obama now owns the mantle of better economic ideas but also owns the mantle on better in protecting us.
You guys have nothing left but the war on women
Economist's View: "Gauging the Benefits, Costs, and Sustainability of U.S. Stimulus"
Did the stimulus work? According to a collaboration between Fitch Ratings and Oxford economics, the answer is yes:
Government stimulus moves may have ended recession, by Jim Puzzanghera, Los Angeles Times: Without the unprecedented stimulus actions by the federal government triggered by the 2008 financial crisis, the Great Recession might still be going on, according to a study by Fitch Ratings. ...
The boost from those policies helped the nation's gross domestic product increase 3% in 2010 and 1.7% last year; absent the stimulus, the U.S. "might still be mired in a recession," according to the study, done in conjunction with Oxford Economics.
The U.S. economy would have seen little or no growth the last two years without the policies, the report says, and those actions appear "to have significantly softened the severity of the decline" in GDP in the year immediately after the recession ended in mid-2009.
Though the Fed's monetary policy actions were helpful, fiscal stimulus by Congress and the White House "had the strongest positive impact on consumption during the recent recovery," the study found.
You do realize that economists are all over the board when it comes to opinions and studies....
dear idiot you are supposed to provide proof for the claims you make.
Obama admitted those "shovel ready jobs" were not so shovel ready.
Besides filling the pockets of the unions and other supporters he needed to pay off, the stimulus did NOTHING.
So according to you creating 4 million jobs, keeping 12 million people out of poverty, building roads, providing people with education, modernizing health care records, modernizing the electricity grid, producing energy, making homes more energy efficient is equal to nothing.
The fact is that you are a cluless dumbass
REpublicans response "creating jobs is bad because unemployment was high"
"Saving jobs was bad because its a new term that I'm to stupid to understand"
"4million jobs is bad because its not 10million"
"poining out that the stimuls did things means you view Obama as your god"
when will republcians ever get a clue or an IQ above 60? Never sadly
Um, lemme see.
Stimulus $800B
Jobs "Created" 4MM
um, that's $200K/job
That's what you're calling a success?
Considering investments in the stimulus over 10 years will save at least 1.6 trillion dollars yes I'd call it a success but then again I am not a retard like you who has no clue about anything
Stimulus was half tax cuts. If it worked then why don't libs want more tax cuts??
They do. But they don't support tax cuts that eh GOP wants because the GOP wants to give tax cuts to international corporations and billionaires
so plz come back when you have a clue
You ignore dozens of reports saying the stimulus did nothing, and cherry pick the one that said what you wanted to hear.
The stimulus did do one thing though, it helped obama add 5 trillion dollars to the deficit.
post one study or anaylsisi that shows the stimulus did nothing. GIvent hat there are zero I await your non-response..
Yes you being so stupid that you can't calculate that x jobs would be saved means its impossible to quantify. Yes it is impossible for you to quantify but that is because you are a retard.REpublicans response "creating jobs is bad because unemployment was high"
"Saving jobs was bad because its a new term that I'm to stupid to understand"
"4million jobs is bad because its not 10million"
"poining out that the stimuls did things means you view Obama as your god"
when will republcians ever get a clue or an IQ above 60? Never sadly
The problem with your little rant, Star...is that if you look at it closer...it's all bluster with nothing to back it up.
The stimulus was supposed to create jobs. That was its FUNCTION. The whole "jobs saved" thing isn't difficult to understand...it's entire premise was to invent a statistic that was impossible to quantify yet sounded good.
See this is your problem you think creating 4million jobs means it failed to create jobs....
The problem here is that you ignore reality becaues you are a retard.
See this is also your problem is that you think right wing republicans opinions are equal to that of actually analysis and research. If Obama said the earth was round you'd follow the GOP it saying he is a liar because the earth is spherical
Yes it is amazing that with so many millions out of work you attack a policy that kept 4million out of unemployment...
ROTFL i see so according to you creating 4million jobs is bad because in 20 years we need to create more...Creating 4 million jobs SOUNDS so amazing until you examine that number and realize that to keep pace with population growth you need to create around 225,000 jobs per month.
See this is also your problem. You are so stupid that you think the stimulus was the only thing that effected job growth. So plz come back when you actually have a grtasp on realitySo if you take the three and a half years that Obama has been in office and multiply those 42 months by 225,000 you get the number 9,450,000 which is the number of jobs we needed to create to keep pace. That means that Barry "created" less than HALF the jobs that he needed to. Not so amazing now...is it?
Obama admitted those "shovel ready jobs" were not so shovel ready.
Besides filling the pockets of the unions and other supporters he needed to pay off, the stimulus did NOTHING.
So according to you creating 4 million jobs, keeping 12 million people out of poverty, building roads, providing people with education, modernizing health care records, modernizing the electricity grid, producing energy, making homes more energy efficient is equal to nothing.
The fact is that you are a cluless dumbass
$5 trillion DEEPER in debt and we still have fewer jobs than the day he took office.
Great job Barry!
Yes you being so stupid that you can't calculate that x jobs would be saved means its impossible to quantify. Yes it is impossible for you to quantify but that is because you are a retard.The problem with your little rant, Star...is that if you look at it closer...it's all bluster with nothing to back it up.
The stimulus was supposed to create jobs. That was its FUNCTION. The whole "jobs saved" thing isn't difficult to understand...it's entire premise was to invent a statistic that was impossible to quantify yet sounded good.
See this is your problem you think creating 4million jobs means it failed to create jobs....
The problem here is that you ignore reality becaues you are a retard.
See this is also your problem is that you think right wing republicans opinions are equal to that of actually analysis and research. If Obama said the earth was round you'd follow the GOP it saying he is a liar because the earth is spherical
Yes it is amazing that with so many millions out of work you attack a policy that kept 4million out of unemployment...
ROTFL i see so according to you creating 4million jobs is bad because in 20 years we need to create more...
See this is also your problem. You are so stupid that you think the stimulus was the only thing that effected job growth. So plz come back when you actually have a grtasp on realitySo if you take the three and a half years that Obama has been in office and multiply those 42 months by 225,000 you get the number 9,450,000 which is the number of jobs we needed to create to keep pace. That means that Barry "created" less than HALF the jobs that he needed to. Not so amazing now...is it?
Repeatedly calling me "stupid" without backing up WHY I'm stupid is TruthMatters typical approach, Star...not really the person you want to be emulating. I'm curious... do you really not understand why only creating 4 million jobs was in fact failure on a rather grand scale? You're not coming across as a very well educated person so I'm guessing this is all a bit over your head. If I could make a suggestion? Fewer nights spent with Blizzard and more nights spent with your nose in a book about economics would probably do WONDERS for your ability to discuss things like this without coming off like a stoned 16 year old.
Just because you hafve to make shit up doesn't mean I doUm, lemme see.
Stimulus $800B
Jobs "Created" 4MM
um, that's $200K/job
That's what you're calling a success?
Considering investments in the stimulus over 10 years will save at least 1.6 trillion dollars yes I'd call it a success but then again I am not a retard like you who has no clue about anything
Why not claim 16 trillion over 10 years? You know, as long as you're making shit up.
Stimulus was half tax cuts. If it worked then why don't libs want more tax cuts??
They do. But they don't support tax cuts that eh GOP wants because the GOP wants to give tax cuts to international corporations and billionaires
so plz come back when you have a clue
We have the highest corporate tax rates in the world. Obviously, the way to grow the economy is to make them even higher. Obviously.
So according to you creating 4 million jobs, keeping 12 million people out of poverty, building roads, providing people with education, modernizing health care records, modernizing the electricity grid, producing energy, making homes more energy efficient is equal to nothing.
The fact is that you are a cluless dumbass
$5 trillion DEEPER in debt and we still have fewer jobs than the day he took office.
Great job Barry!
Yep Obama is to blame for job losses in January 2009 when he became president in January 20th of 2009.
This is the difference between you and me I actually state the effects of obama policies while you just blame Obama for everything
You ignore dozens of reports saying the stimulus did nothing, and cherry pick the one that said what you wanted to hear.
The stimulus did do one thing though, it helped obama add 5 trillion dollars to the deficit.
post one study or anaylsisi that shows the stimulus did nothing. GIvent hat there are zero I await your non-response..
Want to bet?
No Such Thing as Shovel Ready | Mercatus
Did Stimulus Dollars Hire the Unemployed? | Mercatus
Yes you being so stupid that you can't calculate that x jobs would be saved means its impossible to quantify. Yes it is impossible for you to quantify but that is because you are a retard.
See this is your problem you think creating 4million jobs means it failed to create jobs....
The problem here is that you ignore reality becaues you are a retard.
See this is also your problem is that you think right wing republicans opinions are equal to that of actually analysis and research. If Obama said the earth was round you'd follow the GOP it saying he is a liar because the earth is spherical
Yes it is amazing that with so many millions out of work you attack a policy that kept 4million out of unemployment...
ROTFL i see so according to you creating 4million jobs is bad because in 20 years we need to create more...
See this is also your problem. You are so stupid that you think the stimulus was the only thing that effected job growth. So plz come back when you actually have a grtasp on reality
Repeatedly calling me "stupid" without backing up WHY I'm stupid is TruthMatters typical approach, Star...not really the person you want to be emulating. I'm curious... do you really not understand why only creating 4 million jobs was in fact failure on a rather grand scale? You're not coming across as a very well educated person so I'm guessing this is all a bit over your head. If I could make a suggestion? Fewer nights spent with Blizzard and more nights spent with your nose in a book about economics would probably do WONDERS for your ability to discuss things like this without coming off like a stoned 16 year old.
I keep waiting for Star to mature as a poster and keep praying that he(?) will mature into a legitimate poster and not fall into the rdean, TDM, Chris category of troll.
Most posters come on to sites like this guns blazing, "knowing" that they know everything and everyone that opposes them are "stupid". The vast majority of them actually mature into decent posters who are worth having discussions with. I have not lost hope on Star yet.
Immie
Just because you hafve to make shit up doesn't mean I doConsidering investments in the stimulus over 10 years will save at least 1.6 trillion dollars yes I'd call it a success but then again I am not a retard like you who has no clue about anything
Why not claim 16 trillion over 10 years? You know, as long as you're making shit up.
here is a list of how much money the stimulus will save in 10 years
^1 trillion computerized health records
^34 billion community health centers
^20 billion head start
^77 billion MEP
^8 billion WIC
^10 billion AmeriCorps
^10 billion NASA
^100b-1t billion electric smart grid
^7 billion cash for claunkers
^6 billion preventative medicine
^43-63 billion from public transportation
^22 billion WAP
^46-100 billion from alternative energy
^22b-1t(estimate) from comparative effectiveness/health research
^8-80 billion science research
^100 billion pre-school/early education
$5 trillion DEEPER in debt and we still have fewer jobs than the day he took office.
Great job Barry!
Yep Obama is to blame for job losses in January 2009 when he became president in January 20th of 2009.
This is the difference between you and me I actually state the effects of obama policies while you just blame Obama for everything
You're right, businesses never look forward to see what's going to happen in the future.
They don't react after an election in November, they wait until January to notice an anti-business candidate has been elected.
And we still have fewer jobs. Over 3 years later and the smartest President in history hasn't fixed the economy yet?
Hell, he was going to stop the rise of the oceans.