GOP's Plan to Create Jobs: Do Nothing

Discussion in 'Politics' started by hermit, Jul 23, 2010.

  1. Then how come you didnt read it neocon, in case you didn't notice - it argues for the stimulus bill :p

    The U.S. economy has already lost nearly 2.6 million jobs since the business cycle peak in December 2007. In the absence of stimulus, the economy could lose another 3 to 4 million morep
     
    #31     Jul 23, 2010
  2. Sure, and it makes a case for a bigger stimulus bill.
     
    #32     Jul 23, 2010
  3. So tell us how many jobs have been lost since the stimulus was passed?
     
    #33     Jul 23, 2010
  4. What it argues, is that Christina Romer and Jared Bernstein don't know their ass from their elbow and the "stimulus" was as wrongheaded as their "estimates."
     
    #34     Jul 23, 2010
  5. Don't forget to include Hermit and Gabfly to your sentence.
     
    #35     Jul 23, 2010
  6. Sure it was wrong, it was too small since the job losses were into millions and the recession was too deep.

    China for example did a huge stimulus even when they didnt have a direct crisis, they did a 2.2 trillion dollar stimulus which is twice the size of India's GDP.
     
    #36     Jul 23, 2010
  7. Wrong again. A recent study by the Harvard Business School found the opposite.

    Stimulus Surprise: Companies Retrench When Government Spends
    http://hbswk.hbs.edu/item/6420.html
     
    #37     Jul 23, 2010
  8. Yea right, studies and surveys of economists including right wing ones who have said that things would have been worse without the stimulus get disproved by a study of earmark spending that senators bring to a state.
     
    #38     Jul 23, 2010
  9. What UE rate did Obama and his crooks tell us the stimulus would keep us under?

    What was the UE rate before the stimulus was passed?

    What is the UE rate today?

    What is the net amount of job losses today since the stimulus was passed?
     
    #39     Jul 23, 2010
  10. See my response above.
     
    #40     Jul 23, 2010