DRAMATIC Success of the Stimulus Bill

[Benny B]

One year in, the evidence is clear – and growing by the day – that the Recovery Act is working to cushion the greatest economic crisis since the Great Depression and lay a new foundation for economic growth.

    * According to the nonpartisan Congressional Budget Office, the Recovery Act is already responsible for as many as 2.4 million jobs through the end of 2009
    * As a result, job losses are a fraction of what they were a year ago, before the Recovery Act began

The American Recovery and Reinvestment Act:

    * Cut taxes for 95 percent of working families through the Making Work Pay tax credit
 
  * Cut taxes for small businesses
 
  * Provided loans to over 42,000 small businesses
   
* Funded over 12,500 transportation construction projects nationwide, ranging from highway construction to airport improvement projects
   
 * Made multi-billion dollar investments in innovation, science and technology that are laying the foundation for our 21st century economy
   
 * Provided critical relief for state governments facing record budget shortfalls, including help to prevent cuts to Medicaid and creating or saving over 300,000 education jobs

Economists on the left and the right have stated that the Recovery Act has helped avert an even worse economic disaster.

[Coach is Back!]

One year in, the evidence is clear – and growing by the day – that the Recovery Act is working to cushion the greatest economic crisis since the Great Depression and lay a new foundation for economic growth.

    * According to the nonpartisan Congressional Budget Office, the Recovery Act is already responsible for as many as 2.4 million jobs through the end of 2009
    * As a result, job losses are a fraction of what they were a year ago, before the Recovery Act began

The American Recovery and Reinvestment Act:

    * Cut taxes for 95 percent of working families through the Making Work Pay tax credit
 
  * Cut taxes for small businesses
 
  * Provided loans to over 42,000 small businesses
   
* Funded over 12,500 transportation construction projects nationwide, ranging from highway construction to airport improvement projects
   
 * Made multi-billion dollar investments in innovation, science and technology that are laying the foundation for our 21st century economy
   
 * Provided critical relief for state governments facing record budget shortfalls, including help to prevent cuts to Medicaid and creating or saving over 300,000 education jobs

Economists on the left and the right have stated that the Recovery Act has helped avert an even worse economic disaster.

Too bad my kid has to help pay back the $10 trillion this assclown created in less than one year in office.

[Benny B]

Too bad my kid has to help pay back the $10 trillion this assclown created in less than one year in office.

Tell your lazy ass kid to GET A JOB, and he'll be okay Coach.  He's going to need money to make up for the debt BUSH created with a war paid for "off the books" and irresponsible tax cuts for the wealthy that your little crumb-snatcher will have to deal with too.

Your son would have to deal with a lot more if Obama's great stimulus bill were not there and we now have 25% unemployment.

[Coach is Back!]

Tell your lazy ass kid to GET A JOB, and he'll be okay Coach.  He's going to need money to make up for the debt BUSH created with a war paid for "off the books" and irresponsible tax cuts for the wealthy that your little crumb-snatcher will have to deal with too.

Your son would have to deal with a lot more if Obama's great stimulus bill were not there and we now have 25% unemployment.

he's 12 you fucking leftist wingnut, and will you QUIT BLAMING BUSH you bi-polar, blame everyone but themselves and take NO responsibility for what is going on. Why in the f**k do you think Dems are starting to distance themselves from Obama by not seeking re-elections? No doubt Bush spent, but damn, Obama's spending makes Bush look like a fucking penny pincher. WAKE THE FUCK UP!!!

And no, I'd be willing to bet anything if it was just left alone to begin with it would have never got this high. IT'S A CYCLE....PERIOD!! 

[Benny B]

he's 12 you fucking leftist wingnut, and will you QUIT BLAMING BUSH you bi-polar, blame everyone but themselves and take NO responsibility for what is going on. Why in the f**k do you think Dems are starting to distance themselves from Obama by not seeking re-elections? No doubt Bush spent, but damn, Obama's spending makes Bush look like a fucking penny pincher. WAKE THE FUCK UP!!!

And no, I'd be willing to bet anything if it was just left alone to begin with it would have never got this high. IT'S A CYCLE....PERIOD!! 

MELTDOWN

So if we just left Bush's policies in affect longer, things would have just worked themselves out??? BWAHAHAHAHAHAHAHAHAHA

Re-read the chart above and get back to me with something that makes sense, Coach. You're a pretty stupid guy, but I have faith in you to have a burst of mediocrity that will allow you to see the positive trend that the Recovery Act is providing.

[BodyProSite]

anytime congress has to pump 1.8 trillion dollars off the printing press is not economic growth, if anything it shows lack of economic growth, if the recovery bill would have indeed worked they wouldnt have had to print that money !  and if its working so well how come economists have shown that by bammers third year he will have put us in more debt that g.b. sr  clinton and g.b jr combined??  if you think that is working correct then i have some junk cars  that i want to sell you for new car cost,

[Soul Crusher]

[MCWAY]

One year in, the evidence is clear – and growing by the day – that the Recovery Act is working to cushion the greatest economic crisis since the Great Depression and lay a new foundation for economic growth.

    * According to the nonpartisan Congressional Budget Office, the Recovery Act is already responsible for as many as 2.4 million jobs through the end of 2009
    * As a result, job losses are a fraction of what they were a year ago, before the Recovery Act began

The American Recovery and Reinvestment Act:

    * Cut taxes for 95 percent of working families through the Making Work Pay tax credit
 
  * Cut taxes for small businesses
 
  * Provided loans to over 42,000 small businesses
   
* Funded over 12,500 transportation construction projects nationwide, ranging from highway construction to airport improvement projects
   
 * Made multi-billion dollar investments in innovation, science and technology that are laying the foundation for our 21st century economy
   
 * Provided critical relief for state governments facing record budget shortfalls, including help to prevent cuts to Medicaid and creating or saving over 300,000 education jobs

Economists on the left and the right have stated that the Recovery Act has helped avert an even worse economic disaster.

<<<after picking myself off the floor from hysterical laughter>>>

Ummm.....this stimulus was supposed to keep unemployment under 8%. It's over 10%.

Obama's approval ratings are plunging like a lead balloon, filled with bricks.

Democrats are quitting left and right, to avoid a Rodney-King-style beatdown in November.

The net is job LOSSES, Benny. Citing the creation of 2 million jobs, when you've LOST OVER 4 MILLION, means the stimulus AIN'T WORKING, point blank.

Even soon-to-be-former Senator Evan Bayh has mentioned the stimulus ineffectiveness.

MELTDOWN

So if we just left Bush's policies in affect longer, things would have just worked themselves out??? BWAHAHAHAHAHAHAHAHAHA

Re-read the chart above and get back to me with something that makes sense, Coach. You're a pretty stupid guy, but I have faith in you to have a burst of mediocrity that will allow you to see the positive trend that the Recovery Act is providing.

I forgot exactly when unemployment went over 10% under President Bush.

[Soul Crusher]

The proof is in the pudding. 

[Soul Crusher]

[newmom]

JME I agree, not only is your 12 year old son gonna pay but so is my 4 and half year old gonna pay..christ their kids will be paying for this cluster fuck, it was everyones fault, not just bush or obama. What about greedy banks, Insurance companies..so on..

[loco]

Creating Jobs

President Obama’s first priority in confronting the economic crisis is to put Americans back to work. The American Recovery and Reinvestment Plan signed by the President will spur job creation while making long-term investments in health care, education, energy, and infrastructure. Among other objectives, the recovery plan will increase production of alternative energy, modernize and weatherize buildings and homes, expand broadband technology across the country, and computerize the health care system. The recovery plan will save or create about 3.5 million jobs while investing in priorities that create sustainable economic growth for the future.

http://www.whitehouse.gov/issues/economy/

[grab an umbrella]

The government doesn't create wealth.  Its really as simple as that, they are taking that money from the tax payers and giving it to other people.  The government is essentially saying "we know how to spend your money better than you do!!!". 

[Soul Crusher]

The government doesn't create wealth.  Its really as simple as that, they are taking that money from the tax payers and giving it to other people.  The government is essentially saying "we know how to spend your money better than you do!!!". 

Additionally, the only jobs they "saved" were state and local government "jobs" that probably should be eliminated anyway because these budgets are based on bubble level receipts that there is ZERO prospect of us returning to anytime soon whatsoever. 

These local jobs are going to be lost anyway once the stim money runs out and the tax receipts still have not returned to bubble era levels.

Its pure lies, garbage, maniuplation, and propaganda for fools like Benny.   

[MCWAY]

Creating Jobs

President Obama’s first priority in confronting the economic crisis is to put Americans back to work. The American Recovery and Reinvestment Plan signed by the President will spur job creation while making long-term investments in health care, education, energy, and infrastructure. Among other objectives, the recovery plan will increase production of alternative energy, modernize and weatherize buildings and homes, expand broadband technology across the country, and computerize the health care system. The recovery plan will save or create about 3.5 million jobs while investing in priorities that create sustainable economic growth for the future.

http://www.whitehouse.gov/issues/economy/

Well, the President and Vice-President better get improved PR campaign, because (according to this sample poll), only SIX (6) PERCENT of people interviewed believe this mess is actually working.

http://www.outsidethebeltway.com/archives/6_believe_stimulus_created_jobs/

[grab an umbrella]

Great points 333, also remember, most of these states had deficits before the economic crisis.  As you pointed out those debts were based around the bubble level tax receipts.  So, instead of reducing budgets to realistic proportions, the states used a crutch(the stim) to get by.

Its akin to a man who is an alchi.  He goes to the doctor for help, and the doc gives him medicine to reduce his hangover.  A lot of "us" just say quit drinking and you'll be fine. 

This is exactly what the stim bill does.  Instead of treating the actual problem, it only deals in treating symptoms.

[James]

Obama has already helped quadruple the deficit with his stimulus package, with no jobs to show for it,  and absolutely no way of our children and grandchildren ever paying it back.


Bush Deficit vs. Obama Deficit

[BM OUT]

Another Obama lie.THERE WERE NO TAX CUTS IN THIS BILL!!!!!!!!!!!!!!!!!!There was a one time tax credit.Tax rates remain the same ,and,in fact,if you want to cite a fact,Obama raised taxes on the poor and middle class by increasing tobacco taxes.This bill has created ZERO jobs.

[Soul Crusher]

Great points 333, also remember, most of these states had deficits before the economic crisis.  As you pointed out those debts were based around the bubble level tax receipts.  So, instead of reducing budgets to realistic proportions, the states used a crutch(the stim) to get by.

Its akin to a man who is an alchi.  He goes to the doctor for help, and the doc gives him medicine to reduce his hangover.  A lot of "us" just say quit drinking and you'll be fine. 

This is exactly what the stim bill does.  Instead of treating the actual problem, it only deals in treating symptoms.

We have the same mess here in NYS and all the localities.  

Only brain dead libs like Blacken and Benny dont understand the point I made above.  The "Jobs" that were saved are the ones we need to lose since those "jobs" are a drain on the taxpayer and dont generate wealth of any measure whatsoever.      

[Soul Crusher]

Benny and Blacken - do you care to refute anything in this video? 

[headhuntersix]

Where'd Benny go.....bahhahahahahaahah ahhaahahahaaha..idiot.

[Soul Crusher]

benny, like Blacken plagerize and run to the DUmpster to find drivel they think sounds good. 

[tonymctones]

LOL love it so we saved or created 2.4 million jobs supposedly as we cant really put a definite number on it but lets just go with 2.4 million as thats the number benny and the libs use...how much did it cost us to create/save those jobs you ask...


over 800 billion dollars...

unless those jobs collectly create over 800 billion in revenue ITS A NET LOSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!

[Soul Crusher]

Most of this trash is make work jobs at best, propping up bloated state budgets, etc. 

It is a complete waste of money. 

[MCWAY]

Rush Limbaugh mentioned this on his show yesterday.

Isn't it funny that, just over one year ago, Dems were talking smack about how the GOP was growing irrelevant (as were guys like Benny and Blacken), that conservatism was dying out, that the Dems would be in power almost indefinitely, etc.

Now, it's the Dems, retiring left and right. Obama's approval ratings are plunging lower than Pam Anderson's necklines; and the liberals are taking the express route to the political woodshed this fall.

Part of the reason for this is the stimulus.