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Getbig Main Boards => Politics and Political Issues Board => Topic started by: James on July 02, 2010, 06:52:07 AM
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Unemployment has increased.
Spending has increased.
The Deficit has increased.
Back room deals have increased.
Foreclosures have increased.
Presentational Golf outings have increased.
So how is that "Hope and Change" working out for you?
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Team Kneepad thinks things are great.
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800 billion on stimulus and last June UE was 9.5%,this June UE is 9.5%[with a lot of people that have stopped looking].Id say that means ZERO jobs have been created in a year with 800 billion spent.
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800 billion on stimulus and last June UE was 9.5%,this June UE is 9.5%[with a lot of people that have stopped looking].Id say that means ZERO jobs have been created in a year with 800 billion spent.
A lot of the stim funds were used by D & R governors to pay state salaries. See Cali about to sink? Stim funds are all spent.
I contend the stim money may have helped to keep it from not going any higher than 9.5 or 9.8%. meaning, without those hundreds of billions of dollars, states would have laid these folks off last year.
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A lot of the stim funds were used by D & R governors to pay state salaries. See Cali about to sink? Stim funds are all spent.
I contend the stim money may have helped to keep it from not going any higher than 9.5 or 9.8%. meaning, without those hundreds of billions of dollars, states would have laid these folks off last year.
Ha,ha,ha UMMMMMM IT COULD HAVE BEEN AHHHHHHHHHHH 13 OR 14 UMMMMMMM OR 15%...Please,you sound idiotic.The stimulus has failed,you libs can say "it could have been worse" or use the made up "saved jobs' stat,but its failed and failed so spectaculary its mind boggling.
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By the way THE ONLY reason it isnt higher is because 600,000 people stopped looking for jobs last month.UE hasnt dropped a bit.
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A lot of the stim funds were used by D & R governors to pay state salaries. See Cali about to sink? Stim funds are all spent.
I contend the stim money may have helped to keep it from not going any higher than 9.5 or 9.8%. meaning, without those hundreds of billions of dollars, states would have laid these folks off last year.
Wasn't the stim supposed to create a few million jobs or something along those lines? It has been a massive fucking failure.
But I guess the criteria for a bill that was marketed as essential for getting jobs back changed from "job creation" to "using $800 billion to produce 0 jobs" somewhere over the last year.
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Wasn't the stim supposed to create a few million jobs or something along those lines? It has been a massive fucking failure.
But I guess the criteria for a bill that was marketed as essential for getting jobs back changed from "job creation" to "using $800 billion to produce 0 jobs" somewhere over the last year.
QFT
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A lot of the stim funds were used by D & R governors to pay state salaries. See Cali about to sink? Stim funds are all spent.
I contend the stim money may have helped to keep it from not going any higher than 9.5 or 9.8%. meaning, without those hundreds of billions of dollars, states would have laid these folks off last year.
Just give it up now 240.
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I contend the stim money may have helped to keep it from not going any higher than 9.5 or 9.8%
bam bam said 8% FAIL!!!!
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well if your man bush would have gave obama the country the way Clinton gave bush the country we wouldn't be having this discussion, moron >:(
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if the democraticly controled house and senate that had been in control since the end of 2006 hadnt fucked so much shit up, maybe bush would have left him with a better economy!!
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well if your man bush would have gave obama the country the way Clinton gave bush the country we wouldn't be having this discussion, moron >:(
Sorry Blacken, obama has spent, lent, and printed TRILLIONS of dollars since being in office and campaigned on the fact that he had all the answers to fix the ailing economy and that he was the anti-bush.
That was the reason he said he needed to be elected over McCain.
Additionally, Obama promised that without the Stim Bill, UE would go over 8%. That was in Feb. 2009. We are into July 2010 and things are getting DRASTICALLY worse by the day.
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Sorry Blacken, obama has spent, lent, and printed TRILLIONS of dollars since being in office and campaigned on the fact that he had all the answers to fix the ailing economy and that he was the anti-bush.
That was the reason he said he needed to be elected over McCain.
Additionally, Obama promised that without the Stim Bill, UE would go over 8%. That was in Feb. 2009. We are into July 2010 and things are getting DRASTICALLY worse by the day.
these clowns are going to blame bush til 2012, they are just like their daddy hussein, they dont like responsibility unless something good happens, which is highly unlikely from hussein
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States got stim $ and used it to pay employees they couldn't afford.
I'm just saying with the stim $, it would have been higher than 9.8%.
Do you agree or disagree?
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States got stim $ and used it to pay employees they couldn't afford.
I'm just saying with the stim $, it would have been higher than 9.8%.
Do you agree or disagree?
Yes the rate would have been higher, but it was a complete waste of money. it was literally worse than taking the money and taking a sizzors to it.
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because of stim the u.e. will be higher than bam bam ever imagined, and not even 2 years later, 862 billion for a solution that didnt even last 2 years. if you dont view that as a failure then i have a business deal i would like to discuss with you!! ;D
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if the democraticly controled house and senate that had been in control since the end of 2006 hadnt fucked so much shit up, maybe bush would have left him with a better economy!!
so from jan 2001 untill 2006 bush wasn't spending money like a drunkin sailer . i don't think your too smart :D :D :D :D :D
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well if your man bush would have gave obama the country the way Clinton gave bush the country we wouldn't be having this discussion, moron >:(
QUOTE FOR TRUTH...
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so from jan 2001 untill 2006 bush wasn't spending money like a drunkin sailer . i don't think your too smart
maybe you should read a lil bit blacken bam bam has already spent more than bush and clinton combined, so do you not know the definition of the term ( spend like a drunken sailor) or was there a typo in there?
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QUOTE FOR TRUTH...
Way to deflect from reality. I know you have personal reasons for defending the idiot in the WH , but that is for another discussion. The fact remains that by Obama's own promises, he has failed miserably.
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Yes the rate would have been higher, but it was a complete waste of money. it was literally worse than taking the money and taking a sizzors to it.
We're in agreement - but from Obama's point of view - the main goal getting agenda thru and re-elected... It gave him a recovery on paper to use in 2012 to get re-elected.
He can now say, "LOOK at the jobless rate, bottoms out in Jan 09, and then turns around - my stim plan did that".
Bullshit o not, it'll play with some voters.
Of course it wasn't worth the $ printed... but for someone whose goal is to get re-elected, yes, it was a good move. if we were at 14% right now without it (very possible), his ass would be at 20% approval with no chance of re-election.
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an 862 billion dollar bill that had a minimal temp fix that barely lasted 2 years is a failure
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well if your man bush would have gave obama the country the way Clinton gave bush the country we wouldn't be having this discussion, moron >:(
Seriously, are you retarded?
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Blacken if you would read a lil bit you would find out that bush wasnt handed this great economy, this so called surplus wasnt really a surplus, yes the fed had alot of money, but that wasnt earned, it was borrowed. No body ever talks about how clinton grew the debt to create this so called surplus, and if you check your facts you will find that in g.b first term he paid down the debt 452 billion, dollars. EVEN WHILE CONDUCTING THE WAR HOW MUCH DEBT HAS BAM BAM PAID DOWN ???
oh and guess how he was able to pay off this amount of debt that bam bam doubled in one year? maybe it had a lil something to do with g.b 52 strait months of positive job growth!!!
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gosh how come nobody wants to talk about how much obama has paid the debt down? ::)
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Blacken if you would read a lil bit you would find out that bush wasnt handed this great economy, this so called surplus wasnt really a surplus, yes the fed had alot of money, but that wasnt earned, it was borrowed. No body ever talks about how clinton grew the debt to create this so called surplus, and if you check your facts you will find that in g.b first term he paid down the debt 452 billion, dollars. EVEN WHILE CONDUCTING THE WAR HOW MUCH DEBT HAS BAM BAM PAID DOWN ???
oh and guess how he was able to pay off this amount of debt that bam bam doubled in one year? maybe it had a lil something to do with g.b 52 strait months of positive job growth!!!
Here's a small article form 2008
« Since When Are "Most Economists" Authorities on House Prices? | Main | Bad Debt: $100 Billion, $400 Billion, Who's Counting? »
Bush Takes Credit for Sunrises and Job Growth
President Bush boasted yesterday that his economic policies had led to a record 52 months of consecutive job growth. The WSJ dutifully reported the boast. It didn't bother to point out that President Bush has the worst record on job growth of any post-war president, with the most recent jobs report pushing the rate of job growth in his administration below the dismal record under his dad.
The economy creates jobs. It's just like the sun rising. Unfortunately, people are more familiar with the pattern of sun rises than they are with economic trends, that is why reporters are supposed to explain to readers that boasts like the one made by President Bush are ridiculous. I have pasted below the rate of annual job growth under the presidents since 1960:
Kennedy-Johnson -- 3.3%
Nixon-Ford -- 1.9%
Carter -- 3.0%
Reagan -- 2.1%
Bush I -- 0.6%
Clinton -- 2.4%
Bush II --0.6%
(Source: Bureau of Labor Statistics.)
If reporters actually did some analysis and pointed out the reality behind such nonsense boasts, then politicians like President Bush would not make them.
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an 862 billion dollar bill that had a minimal temp fix that barely lasted 2 years is a failure
FAILURE - if your goal was to fix the economy.
SUCCESS - if your goal was to deliver some semblance, some appearnce of improvement for 2-3 years so you can convince swing voters to vote for you in 2012.
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Here's a small article form 2008
« Since When Are "Most Economists" Authorities on House Prices? | Main | Bad Debt: $100 Billion, $400 Billion, Who's Counting? »
Bush Takes Credit for Sunrises and Job Growth
President Bush boasted yesterday that his economic policies had led to a record 52 months of consecutive job growth. The WSJ dutifully reported the boast. It didn't bother to point out that President Bush has the worst record on job growth of any post-war president, with the most recent jobs report pushing the rate of job growth in his administration below the dismal record under his dad.
The economy creates jobs. It's just like the sun rising. Unfortunately, people are more familiar with the pattern of sun rises than they are with economic trends, that is why reporters are supposed to explain to readers that boasts like the one made by President Bush are ridiculous. I have pasted below the rate of annual job growth under the presidents since 1960:
Kennedy-Johnson -- 3.3%
Nixon-Ford -- 1.9%
Carter -- 3.0%
Reagan -- 2.1%
Bush I -- 0.6%
Clinton -- 2.4%
Bush II --0.6%
(Source: Bureau of Labor Statistics.)
If reporters actually did some analysis and pointed out the reality behind such nonsense boasts, then politicians like President Bush would not make them.
What a dumbass. That number includes the jobs that were lost under his first two years because of him inheriting what was up until then the worst bear market since the Great Depression. This is why John Kerry was able to call him "the first president since Herbert Hoover to finish his term with a net loss of jobs".
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Well, obama will be the second by that measure.
Yes he inherited a mess, but his actions have made things drastically worse.