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11-03-2009, 12:53 PM
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#1 (permalink)
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 Silver Belt
Join Date: May 2004
Posts: 12,238
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When will stimulus opponents finally admit they were wrong?
Its patently clear that without the stimlus (both this governmetns and others) thing would have been much worse and that the stimulus along with other goverment actions (fed lowering interest rates, etc) we probably would have gone off a cliff.
Was it perfectly executed? Nope, but it surely made things far better then they would have been.
The story so far, in one picture - Paul Krugman Blog - NYTimes.com
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"Its sense of how to win elections comes out of a CIA manual, not out of the Declaration of Independence or the Constitution." — Kevin Phillips writing about the Bush family
Last edited by USAMMAFAN; 11-03-2009 at 01:03 PM.
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11-03-2009, 12:56 PM
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#2 (permalink)
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Huzzah
Join Date: Mar 2006
Location: Boston
Posts: 17,854
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Part of their argument hinges upon employment numbers, which of course tend to lag the economy 6 to 12 months. More importantly, they lay their hat on the political rhetoric of job creation. The stimulus was more about sustaining job levels and preventing disinflation from turning into crushing deflation.
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JCVDD
"If a motherfucker can’t live on $3 trillion, fuck em, you know what I’m sayin?"
~kingstu
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11-03-2009, 12:58 PM
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#3 (permalink)
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 Purple Belt
Join Date: Feb 2009
Location: Houston
Posts: 1,861
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Oh fuck me my head hurts.
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Have you ever fired your gun into the air and gone, "AHHHHH!?"
Brock Lesnar has something to offer the sport.
Shogun won, but you didn't need me to tell you that did you?
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11-03-2009, 12:59 PM
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#4 (permalink)
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 Black Belt
Join Date: Nov 2007
Posts: 5,382
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Hahahah you guys are funny.
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Mirko: Well, you can read funny things online. I guess we'll just have to wait and see.
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11-03-2009, 01:01 PM
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#5 (permalink)
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 Brown Belt
Join Date: Feb 2006
Location: Dallas, Texas
Posts: 3,167
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So we are already acting like the stimulus fixed everything? Going to skip straight over the controversy stage? I must have missed the newspaper this morning.
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Freedom Forever.
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11-03-2009, 01:03 PM
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#6 (permalink)
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Brown Belt
Join Date: Jul 2008
Location: San Diego
Posts: 3,492
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Wow the recession hasn't behaved identically to the great depression. Even though we share the exact same combination of problems, with a banking crisis, a trade war, and a dust bowl all happening together.
by the way:
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Don't blame me, I voted for Kodos.
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11-03-2009, 01:04 PM
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#7 (permalink)
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Join Date: Jun 2009
Posts: 124
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Hey guys I've got an idea. Lets pump a bunch of money into the economy so it doesn't look so bad right now. If you argue against it you're dumb. Nevermind who has to pay for it, and that it is mostly going to be wasted on rediculous projects.
It will make it look like we know what we are doing and that should fix things in the short term. What about the long run you ask? What about the inpact it has on people who have fixed income, and the inflation of the dollar? What about the fact that we can't even pay for it and we are spending the next generations money and putting them in debt before they are even born. Who cares ahhahaha.... We won't be in office then so it will be someone elses problem. Lets print that money and get paid while we can hahahaaha. People are so fucking stupid and so are you TS if you don't see all the negatives that go with this kind of bullshit legislation.
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11-03-2009, 01:04 PM
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#8 (permalink)
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Silver Belt
Join Date: May 2004
Posts: 12,238
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Quote:
Originally Posted by Leviathan
So we are already acting like the stimulus fixed everything? Going to skip straight over the controversy stage? I must have missed the newspaper this morning.
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How does saying it helped = to saying it fixed everything.
I freely admited it was not perfect.
But China's stimlus pulled them out very quickly.
__________________
"Its sense of how to win elections comes out of a CIA manual, not out of the Declaration of Independence or the Constitution." — Kevin Phillips writing about the Bush family
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11-03-2009, 01:05 PM
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#9 (permalink)
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Silver Belt
Join Date: May 2004
Posts: 12,238
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Quote:
Originally Posted by James Keith
Wow the recession hasn't behaved identically to the great depression. Even though we share the exact same combination of problems, with a banking crisis, a trade war, and a dust bowl all happening together.
by the way:
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lol you compare a graph with actual numbers to one with made up numbers put out by biased sources
ok
__________________
"Its sense of how to win elections comes out of a CIA manual, not out of the Declaration of Independence or the Constitution." — Kevin Phillips writing about the Bush family
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11-03-2009, 01:07 PM
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#10 (permalink)
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Purple Belt
Join Date: Feb 2009
Location: Houston
Posts: 1,861
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Speaking of China, what will become of the stimulus plan if they stop buying our debt?
__________________
Have you ever fired your gun into the air and gone, "AHHHHH!?"
Brock Lesnar has something to offer the sport.
Shogun won, but you didn't need me to tell you that did you?
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