Jump to content

For Those Who Think The Stimulus Had No Effect


Recommended Posts

Not to mention the fact that many Republicans in congress, including Ryan, voted for stimulus package that was nearly as large as the one that eventually was passed. So, whenever they say that the stimulus was too much money or generational theft or whatever they claim, they should have to answer to the fact that they were also comfortable with borrowing ~700 billion dollars for the sake of stimulus.

 

http://swampland.time.com/2012/08/14/paul-ryan-and-the-stimulus-a-match-designed-to-make-my-head-explode/

 

This is also in addition to the fact that Ryan requested money from the Stimulus Package that actually passed, but that's a different story...

Link to post
Share on other sites

Paul Ryan is the worst, Palin was less offensive. That Time article doesn't even include his 2002 impassioned speech arguing for a Bush stimulus package.

Link to post
Share on other sites

Borrow $10k per family. Family net worth ignoring national debt goes up $10k.

 

Does this really demonstrate the policy is successful?

Link to post
Share on other sites

wELL GOLLEE, IF THE STIMULUS IS THAT EFFECTIVE LETS DO IT TWICE A YEAR

 

Would you also recommend taking antibiotics every day? Would you recommend never taking them?

  • Like 1
Link to post
Share on other sites

you are never going to get sides to agree it was good or bad idea. To most clear thinkers there is only 1 obvious conclusion anyway...so now that the beltway boys have had the frat party and everyone has gone home they need to find a way to pay for it...but oh yea the dumbass never thought about that.

 

Hold on silly little people this one is gonna hurt for a long time.

Link to post
Share on other sites

Not sure how we get QE3 if QE2 was so effective?

 

 

Or is LLY's analogy correct and QE2 actually allowed us to get sick again?

 

 

If QE2 got us sick, then our disease would be inflation. Since that's not our problem, then no, QE2 wasn't what got us sick.

Link to post
Share on other sites

Love you graphs from Daily Kos.

 

Here is the True Picture, and no it did not work.

 

The Stagnant Housing Recovery and The Slowest Economic Recovery Since 1882

http://confoundedint...ery-since-1882/

 

this is not revelation to anyone who pays attention

Link to post
Share on other sites

Love you graphs from Daily Kos.

 

Here is the True Picture, and no it did not work.

 

The Stagnant Housing Recovery and The Slowest Economic Recovery Since 1882

http://confoundedint...ery-since-1882/

 

As I've posted before this recession was caused by a major financial bubble and financial bubble recessions are the worst kind and the recovery from them is different than from a recession caused by high interest rates such as the Reagan Recession was. The last major one in the US was the Great Depression.

 

This is an excellent article from Reinhart & Rogoff on financial bubble recessions and how the US recovery from this one mirrors past ones in the US and in other countries.

 

http://www.bloomberg...-different.html

Link to post
Share on other sites

Don't worry Bob, clear thinkers who pay attention understand comparing a global meltdown to a couple mini recessions is the last refuge of people with their head in the sand.

Link to post
Share on other sites

As I've posted before this recession was caused by a major financial bubble and financial bubble recessions are the worst kind and the recovery from them is different than from a recession caused by high interest rates such as the Reagan Recession was. The last major one in the US was the Great Depression.

 

This is an excellent article from Reinhart & Rogoff on financial bubble recessions and how the US recovery from this one mirrors past ones in the US and in other countries.

 

http://www.bloomberg...-different.html

 

the Obama spending spree still has to be paid for...i don't think you can compare this with any other time in history because of the debt load. I don't think the data they are representing is near as transparent as they want you to think it is.

 

I don't see another World War coming to shake things up like WW2 did for FDR ...but i guess i shouldn't cut BHO and the rest of his thieves short

 

My opinion is it will take another 20 years for all of this to shake itself out and another generation after that to get it under control - at that point it will be obvious how big of mistake BHO and crew have made.

 

paying the bills for this mess is going to take a lot of pain.

Link to post
Share on other sites

the Obama spending spree still has to be paid for...i don't think you can compare this with any other time in history because of the debt load. I don't think the data they are representing is near as transparent as they want you to think it is.

 

I don't see another World War coming to shake things up like WW2 did for FDR ...but i guess i shouldn't cut BHO and the rest of his thieves short

 

My opinion is it will take another 20 years for all of this to shake itself out and another generation after that to get it under control - at that point it will be obvious how big of mistake BHO and crew have made.

 

paying the bills for this mess is going to take a lot of pain.

 

I think this is one point that we all can agree on.

Link to post
Share on other sites

As long as we figure a way to tax the rich enough, then no one who makes under $250,000 a year will ever have any of their money go towards interest on the debt!

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...