Obamarama - daily discussion on our 44th president
02-10-2009, 12:23 PM
#616
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The goal is to stop unemployment from rising above 9% in 2009. That is the short term. The main way this would be accomplished is through jobs created by large scale public works projects. That is the theory, at least.
http://www.washingtonpost.com/wp-dyn...013101484.html
I think this is a pretty fair analysis of the stimulus.
http://www.washingtonpost.com/wp-dyn...013101484.html
I think this is a pretty fair analysis of the stimulus.
02-10-2009, 12:28 PM
#621
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However, according to the same CBO report that projected a 0.1%-0.3% decrease in GDP in the long run the package should create 1.3-3.9 million jobs in 2010. From an economic standpoint, that is still pretty short term.
http://www.usnews.com/articles/news/...hort-term.html
02-10-2009, 12:30 PM
#622
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I couldn't tell you, I haven't read the bill.
However, according to the same CBO report that projected a 0.1%-0.3% decrease in GDP in the long run the package should create 1.3-3.9 million jobs in 2010. From an economic standpoint, that is still pretty short term.
http://www.usnews.com/articles/news/...hort-term.html
However, according to the same CBO report that projected a 0.1%-0.3% decrease in GDP in the long run the package should create 1.3-3.9 million jobs in 2010. From an economic standpoint, that is still pretty short term.
http://www.usnews.com/articles/news/...hort-term.html
02-10-2009, 12:31 PM
#623
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I couldn't tell you, I haven't read the bill.
However, according to the same CBO report that projected a 0.1%-0.3% decrease in GDP in the long run the package should create 1.3-3.9 million jobs in 2010. From an economic standpoint, that is still pretty short term.
http://www.usnews.com/articles/news/...hort-term.html
However, according to the same CBO report that projected a 0.1%-0.3% decrease in GDP in the long run the package should create 1.3-3.9 million jobs in 2010. From an economic standpoint, that is still pretty short term.
http://www.usnews.com/articles/news/...hort-term.html
http://krugman.blogs.nytimes.com/200...n-on-stimulus/
02-10-2009, 12:33 PM
#624
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Heres one (of many) projections that is slighlty more skeptical than the CBO:
http://krugman.blogs.nytimes.com/200...n-on-stimulus/
http://krugman.blogs.nytimes.com/200...n-on-stimulus/
02-10-2009, 12:37 PM
#626
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how about this: give the states me money instead. they are better equipped to deal with local issues like unemployment than the Fed is
02-10-2009, 12:43 PM
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^^^
I like how they identified that everything will level out by Q1 of 2014.
Besides, don't you know that tax cuts fix everything? This whole economic crisis is obviously because we're all paying way too much in taxes and and not allow honest and ethical banks and corporations to apply that money into new jobs. Because if they got more tax cuts, there's no way they'd blow the money on themselves or just save it for later. They'd would definitely use it to create jobs; no reason not to trust them.
I like how they identified that everything will level out by Q1 of 2014.
Besides, don't you know that tax cuts fix everything? This whole economic crisis is obviously because we're all paying way too much in taxes and and not allow honest and ethical banks and corporations to apply that money into new jobs. Because if they got more tax cuts, there's no way they'd blow the money on themselves or just save it for later. They'd would definitely use it to create jobs; no reason not to trust them.
02-11-2009, 07:50 AM
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Schumer: The American People Don't Care About Pork Projects In Stimulus
Hahahahaaa.....Let us eat cake!!!!!
Hahahahaaa.....Let us eat cake!!!!!
02-11-2009, 09:09 AM
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heres one (of many) projections that is slighlty more skeptical than the cbo:
http://krugman.blogs.nytimes.com/200...n-on-stimulus/
http://krugman.blogs.nytimes.com/200...n-on-stimulus/