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View Full Version : More Stimulus Yeah We Tried That Already But Obama Doubles Down On Failure



Red Green
12-21-2012, 06:06 AM
Obama as part of a deal is touting more "stimulus" as if that will do any good

In 2009 Obama and Congress threw nearly a TRILLION DOLLARS of BORROWED MONEY down a rathole WASTED

We were told doing this would keep unemployment under 8% instead we continued to hemmorage jobs and went above 10%

Most of it was wasted on political cronies and pet project

It propped Public Employees who were eventually laid off when the stimulus ran out and foolishly given to several green energy firms who went bankrupt quickly afterwards and oh cash for caulkers a phony weather proofing scam that had so many regulations very few homes were actually weatherized due to arcane bureacracy and High Speed rail that many states rejected but instead of returning those rejected funds to the treasury Obama sent them to other states

The American Recovery And Reinvestment Act of 2009 was a FAILURE and is responsibe for a good sized chunk of our exploding defecits

Yet Obama and Democrats are DOUBLING DOWN on failure and asking for 80-100 billion more which would actually be much more when all is said and done


Just another Obama money Laundering scheme


When will we learn

Carygrant
12-21-2012, 07:20 AM
When will we learn


Yes . But when will YOU learn ?
Obama is well aware of these amazing insights you seem to think are yours .
But he knows that he can only buy time and that is the purpose of printing more and more imaginary money . Nothing will save the US economy or that of the present developed world .
But he is a true American and refuses to throw in the towel . Unfortunately , the hysterical and bone headed general public are the last ones you can entrust with the full story .Particularly this one .
And he knows that also .

Red Green
12-21-2012, 08:48 AM
Yes . But when will YOU learn ?
Obama is well aware of these amazing insights you seem to think are yours .
But he knows that he can only buy time and that is the purpose of printing more and more imaginary money . Nothing will save the US economy or that of the present developed world .
But he is a true American and refuses to throw in the towel . Unfortunately , the hysterical and bone headed general public are the last ones you can entrust with the full story .Particularly this one .
And he knows that also .


Government does not create economic growth free enterprise and allowing people to keep more of their own money creates growth but liberals like you are lazy wankers who hate hard work and feel entitled to their fair share of somebody elses hard work through wealth redistribution so they can lay on the couch allday and smoke pot while the goverment steals from the working class to buy the votes of the lazy drug addled scum .

Cigar
12-21-2012, 08:54 AM
Actually most economist and the CBO said the stimulus worked ... but hey, what do they know over the fPF? :laugh:

hanger4
12-21-2012, 08:56 AM
Actually most economist and the CBO said the stimulus worked ... but hey, what do they know over the fPF? :laugh:

Source ??

Cigar
12-21-2012, 08:56 AM
C.B.O

and

http://jaredbernsteinblog.com/the-recovery-act-worked-in-a-few-easy-charts/

hanger4
12-21-2012, 09:42 AM
C.B.O

and

http://jaredbernsteinblog.com/the-recovery-act-worked-in-a-few-easy-charts/

I see your one economist;


James R. Harrigan


http://www.usnews.com/opinion/blogs/economic-intelligence/2012/12/18/barack-obamas-stimulus-didnt-work


And raise you three;


JOHN F. COGAN, JOHN B. TAYLOR AND VOLKER WIELAND


http://online.wsj.com/article/SB10001424052970204731804574385233867030644.html

Carygrant
12-21-2012, 10:13 AM
Government does not create economic growth free enterprise and allowing people to keep more of their own money creates growth but liberals like you are lazy wankers who hate hard work and feel entitled to their fair share of somebody elses hard work through wealth redistribution so they can lay on the couch allday and smoke pot while the goverment steals from the working class to buy the votes of the lazy drug addled scum .


Hi there , Mister Dope Head
Stop jumping to conclusions about my political flavour .
I am one of you , except I am up to date , bright and relevant.
For god's sake smarten yourself . That hat and shirt are very Hillbilly and people walking around brandishing sellotape tend to end up in hospital .

Red Green
12-21-2012, 10:31 AM
Hi there , Mister Dope Head
Stop jumping to conclusions about my political flavour .
I am one of you , except I am up to date , bright and relevant.
For god's sake smarten yourself . That hat and shirt are very Hillbilly and people walking around brandishing sellotape tend to end up in hospital .


Even a hillbilly has more teeth than a brit wanker but the brit wankers give better "gummers"

Agravan
12-21-2012, 11:00 AM
Hi there , Mister Dope Head
Stop jumping to conclusions about my political flavour .
I am one of you , except I am up to date , bright and relevant.
For god's sake smarten yourself . That hat and shirt are very Hillbilly and people walking around brandishing sellotape tend to end up in hospital .

:bullshit::moron::rofl::rofl::rofl::rofl:

Red Green
12-23-2012, 05:01 AM
I see your one economist;


James R. Harrigan


http://www.usnews.com/opinion/blogs/economic-intelligence/2012/12/18/barack-obamas-stimulus-didnt-work


And raise you three;


JOHN F. COGAN, JOHN B. TAYLOR AND VOLKER WIELAND


http://online.wsj.com/article/SB10001424052970204731804574385233867030644.html


Hmmmmm the Wall Street Journal versus a Blog

I was unaware that Blogs count as sources these days

zelmo1234
12-23-2012, 07:55 AM
Actually most economist and the CBO said the stimulus worked ... but hey, what do they know over the fPF? :laugh:

Define your definition of worked???? Did it create jobs YES

http://www.thegatewaypundit.com/2012/06/cbo-finds-obama-stimulus-may-have-cost-as-much-as-4-1-million-per-job/

But that is just the CBO you mentioned economist's I can think of no one better than Obama's economist

http://www.weeklystandard.com/blogs/obama-s-economists-stimulus-has-cost-278000-job_576014.html

Now if we use the Obama numbers, which I think you will agree will be in his favor from what is actually reality. 278K per job

This also devalued the dollar, and did not create jobs that do not continue to suck money out of the economy, becasue many of them are government jobs, a continued burden.

And if you were to count created jobs the old fashion way more people working than when you took office, 2 and 5 million in the hole :tongue:

Peter1469
12-23-2012, 03:45 PM
All QE4 is doing is buying about $48M of toxic assets from major banks per month, up to about $600M. That is taking worthless bank debt and transferring it to the taxpayer; a capital offense IMO.

It will add 52% to the current deficit. You people are being played and you don't even understand it.