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View Full Version : Stimulus plan worked as intended



msmith198025
July 11th, 2009, 04:50 PM
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0StZd9y2rCY


President Barack Obama said his $787 billion stimulus bill “has worked as intended” as he pushed back against Republican criticism that his recovery program has failed to rescue the economy.

“It has already extended unemployment insurance and health insurance to those who have lost their jobs in this recession,” Obama, who is traveling today in Ghana, said in his weekly Saturday radio and Web address. “It has delivered $43 billion in tax relief to American working families and business.”

Right.....
I love how politicians say they are "saving" jobs, and deficits would be worse for the states if it were not for this package.

Statements that sound good on paper, and are hard to prove, if provable at all.

Those are the answers given however when asked if the package is working.

:(

Bear Paws
July 11th, 2009, 07:37 PM
And I though Bill Clinton was slick. This guy is slipperier than a grease eel crap on a freshly peeled oak limb in swamp water.

extended unemployment insurance and health insurance????
Congress forced employers to pay for COBRA with the "promise" of a tax credit. What money?? It didn't come out of the Stimulus. Extended unemployment I thought came from the general fund. IE State taxes.

Bob Haller
July 12th, 2009, 07:47 AM
bush was driving the train as it went over the cliff.

now republicans are trying to lay the blame on democrats.............

who inherited the disaster

vurbano
July 12th, 2009, 08:02 AM
SO I guess the plan was for it to act like a toilet? Only 10% of it spent, Debt up 32%, unemployment up 50%... oh yeah that's working. Read the signature.

msmith198025
July 12th, 2009, 09:48 AM
bush was driving the train as it went over the cliff.

now republicans are trying to lay the blame on democrats.............

who inherited the disaster
Inherited? Yeah, there were none in power when Bush was in office...

It is quite simple IMO. BOTH sides are to blame for this mess

Derwin0
July 12th, 2009, 11:22 AM
bush was driving the train as it went over the cliff.

now republicans are trying to lay the blame on democrats.............
Well, Congress was controlled by the Democrats for the last 3 years. The last 3 budgets were Democrat budgets. So they do share in the blame.

fallout2600
July 12th, 2009, 02:14 PM
All the stimulus did was re-inflate the market temporarily. And now the market is going back down, maybe prices will finally start to correct themselves.

Bear Paws
July 12th, 2009, 03:37 PM
All the stimulus did was re-inflate the market temporarily. And now the market is going back down, maybe prices will finally start to correct themselves.
Not if we have Stimuli III..

Bob Haller
July 12th, 2009, 04:13 PM
We might as well admit it.

The recovery is going to take a 10 to 20 years like it did after the 29 depression.

The publics free spending ways that drive the economy have been permanetely altered.

froggigger
July 12th, 2009, 04:29 PM
We might as well admit it.

The recovery is going to take a 10 to 20 years like it did after the 29 depression.

The publics free spending ways that drive the economy have been permanetely altered.

Yep. Just like the '29 depression, government is trying to fix the economy. Didn't work then, ain't going to work now.

msmith198025
July 12th, 2009, 08:13 PM
We might as well admit it.

The recovery is going to take a 10 to 20 years like it did after the 29 depression.

The publics free spending ways that drive the economy have been permanetely altered.

Well that is the type of response that politicians would give....

HD MM
July 13th, 2009, 11:00 AM
We might as well admit it.

The recovery is going to take a 10 to 20 years like it did after the 29 depression.

The publics free spending ways that drive the economy have been permanetely altered.

10-20 years!!! I certainly hope not! Yikes!