Democrats Plot 2nd Stimulus

[Atreus21]

How exactly is another stimulus supposed to help?

 

[Jaskalas]

Originally posted by: OCguy
$2 Trillion?


Why stop there, it is play money anyway. Lets just make it $10 trillion and call it a day.

By the way, Democrats dont want to call it a second "stimulus," because they can actually see the voters running to the other side for 2010.

Oh happy day!

It is not a happy day. The coin will be flipped, but the same rusted problem will endure. We are all poisoned by the ignorance of those voter lemmings.

 

[Rhonda the Sly]

How exactly is another stimulus supposed to help?

Extending some tax cuts/credits, COBRA, unemployment and so on. It won't be stimulus as in infrastructer, construction, etc.

 

[ElFenix]

Originally posted by: b0mbrman

It's in reverse chronological order, so start at the bottom. Notice that none of the 12 appropriations bills for FY09 was signed into law?

Obama since coming into office has signed:

* $787 B ARRA aka "Stimulus*" (of which less than $200 B has been spent as of the end of FY09, by Obama)
* Continuing resolution for FY09 (Bush did not pass a FY09 budget so this is still his)
* FY2009 Omnibus (ditto)
* War supplemental (Bush played the fun budget trick of not including the cost to fund the wars in Iraq and Afghanistan in the FY09 defense budget, so that he could make it look like more fiscally responsible than he actually was. So this is his)
* $3 B in two chunks for Cash for Clunkers (totally Obama's)

And there's your facts.

God, I wish I could sticky this.

if less than 200 billion of the original stimulus has been spent why are we not spending it rather than passing more stimulus. stimulus doesn't work if it's not spent.

 

[Doc Savage Fan]

Yay...more pork for the Dems...err I mean 'stimulus' for the country. Ahhhh...life is good.

 

[HardcoreRobot]

if the stimulus is so good, why dont we just do it all the time?

 

[heyheybooboo]

Originally posted by: b0mbrman

Obama's stimulus has added $200 billion in spending so far and it created a $1.4 trillion deficit? I'm not sure I get your math.

$ 1.29 trillion
Accumulated Federal Debt in the last 261 days of the Bush Administration

$ 1.3 trillion
Accumulated Federal Debt in the first 261 days of the Obama Administration


Works out closer to $100 billion --- :laugh:






edit: I just ran the numbers ... In the final 365 days of the Bush Preznitcy, the Shrub accumulated $1.436 trillion in debt.

So let me be the first ... Obama has cut 0.025069637883008356545961002785515% of our Federal debt.

Yippee! Let's throw a party!

 

[Patranus]

I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

 

[heyheybooboo]

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

 

[StageLeft]

Originally posted by: Atreus21
How exactly is another stimulus supposed to help?

The same way the first one did.

 

[rudder]

Originally posted by: Atreus21
How exactly is another stimulus supposed to help?

It will the voting public the impression that the economy has improved. A lot more temporary jobs will be created. People will be more apt to come out of their spending shells if they see the unemployment rate drop slightly. Even though in 12-18 months when the funds dry up, the jobs are gone again.

 

[Patranus]

Originally posted by: heyheybooboo

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

I know exactly what it means. Congress passed a 410 billion dollar spending bill and it was signed by Obama.
H.R. 1105
If the government is running a deficit and then the government decides to spend more money, that additional spending adds to the deficit.

 

[Patranus]

Originally posted by: rudder

Originally posted by: Atreus21
How exactly is another stimulus supposed to help?

It will the voting public the impression that the economy has improved. A lot more temporary jobs will be created. People will be more apt to come out of their spending shells if they see the unemployment rate drop slightly. Even though in 12-18 months when the funds dry up, the jobs are gone again.

You mean like how Obama promised unemployment wouldn't go above 8% with the stimulus but it is now at 10% unemployment and 20% under employment?

 

[heyheybooboo]

Originally posted by: Patranus

Originally posted by: heyheybooboo

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

I know exactly what it means. Congress passed a 410 billion dollar spending bill and it was signed by Obama.
H.R. 1105
If the government is running a deficit and then the government decides to spend more money, that additional spending adds to the deficit.

1) You are a liar and should be permanently banned;

2) HR 1105 was approved in February;

3) The bill was generally related to funding all Federal agencies excepting those concerning national defense; and

4) All expenses incurred since February would have been contained within the FY2009 deficit figures.



Please don't let the Forum door smack you on your lying ass as you leave us in peace.

 

[OCGuy]

Originally posted by: heyheybooboo

1) You are a liar and should be permanently banned;



Please don't let the Forum door smack you on your lying ass as you leave us in peace.

Ah, so this is how we deal with people we disagree with. I see.

 

[heyheybooboo]

Originally posted by: OCguy

Originally posted by: heyheybooboo

1) You are a liar and should be permanently banned;



Please don't let the Forum door smack you on your lying ass as you leave us in peace.

Ah, so this is how we deal with people we disagree with. I see.

Way to not refute a single thing I said.

If you agree with Butterbean show me the error of my ways.


We will be waiting.

Here is the entire post that you censored:

Originally posted by: Patranus

Originally posted by: heyheybooboo

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

I know exactly what it means. Congress passed a 410 billion dollar spending bill and it was signed by Obama.
H.R. 1105
If the government is running a deficit and then the government decides to spend more money, that additional spending adds to the deficit.

1) You are a liar and should be permanently banned;

2) HR 1105 was approved in February;

3) The bill was generally related to funding all Federal agencies excepting those concerning national defense; and

4) All expenses incurred since February would have been contained within the FY2009 deficit figures.



Please don't let the Forum door smack you on your lying ass as you leave us in peace.

 

[GTaudiophile]

Print more money = dollar devaluation = more problems.

In short, we're just fvcked.

 

[Fern]

Originally posted by: sandorski
> $2 Trillion Stimulus was needed all along. Obama tried to cheat with less and fell short. Should have sufficiently Stimulated from the start.

A much larger stimulus/deficit bill may have caused some negagtive effects in teh global financial markets - the chinese are already uncomfortable with our spending and we've been having some trouble selling Treasuries IIRC.

I think it better to have 'front-loaded' the spending instead of stretching it out over such a long period. Accerlerate the spending, and maybe we'll accelerate the economy. No business is going to hire now for projects that won't be funded for many months or years.

Fern

 

[waggy]

Originally posted by: GTaudiophile
Print more money = dollar devaluation = more problems.

In short, we're just fvcked.

yeap.

who they going ot give the money to this time? someone is getting rich off these and more people are out of work.

 

[b0mbrman]

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

Are you just pretending or do you really not know that the $410 billion omnibus you're talking about was a collection of FY09 appropriations bills that Bush was supposed to sign before the start of the fiscal year on October 1, 2008?

 

[b0mbrman]

Originally posted by: Patranus

Originally posted by: heyheybooboo

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

I know exactly what it means. Congress passed a 410 billion dollar spending bill and it was signed by Obama.
H.R. 1105
If the government is running a deficit and then the government decides to spend more money, that additional spending adds to the deficit.

Oh my God; you're being totally serious :Q

[Edit] You should really read this: The Congressional Appropriations Process: An Introduction

I mean no offense, but if you genuinely believe that an omnibus appropriations act for the fiscal year ending September 30, 2009, belongs to the President who took office four months into that fiscal year, then you can only be either ignorant of the appropriations process or intellectually dishonest.

 

[piasabird]

Well if they have the votes I would suggest underwriting some bullet-proof personal protection while they are at it. After the last time they did this, I cant see how anyone would be willing to put up with more slush money. Maybe bread at the grocery store will cose about $5.00 a slice.

 

[Patranus]

Originally posted by: b0mbrman

Originally posted by: Patranus

Originally posted by: heyheybooboo

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

I know exactly what it means. Congress passed a 410 billion dollar spending bill and it was signed by Obama.
H.R. 1105
If the government is running a deficit and then the government decides to spend more money, that additional spending adds to the deficit.

Oh my God; you're being totally serious :Q

[Edit] You should really read this: The Congressional Appropriations Process: An Introduction

I mean no offense, but if you genuinely believe that an omnibus appropriations act for the fiscal year ending September 30, 2009, belongs to the President who took office four months into that fiscal year, then you can only be either ignorant of the appropriations process or intellectually dishonest.

Did Obama sign it or not?
Yes or no?
Exactly. I don't care what the money was spend on. The fact of the matter is federal spending was 410 billion dollars less before Obama signed the legislation.

You are the one being intellectually dishonest.

 

[Genx87]

Originally posted by: b0mbrman

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

Are you just pretending or do you really not know that the $410 billion omnibus you're talking about was a collection of FY09 appropriations bills that Bush was supposed to sign before the start of the fiscal year on October 1, 2008?

They were a collection of bills. But they were never presented to Bush to sign. And the democrats increased the funding for many things well beyond any kind of adjustment for inflation.

 

[b0mbrman]

Originally posted by: Patranus

Originally posted by: b0mbrman

Originally posted by: Patranus

Originally posted by: heyheybooboo

Originally posted by: Patranus
I find it funny that all the numbers people are throwing out are clearly inaccurate as non of them include the 410 billion dollar omnibus spending bill.

You don't even know what that means ---- :laugh:

I know exactly what it means. Congress passed a 410 billion dollar spending bill and it was signed by Obama.
H.R. 1105
If the government is running a deficit and then the government decides to spend more money, that additional spending adds to the deficit.

Oh my God; you're being totally serious :Q

[Edit] You should really read this: The Congressional Appropriations Process: An Introduction

I mean no offense, but if you genuinely believe that an omnibus appropriations act for the fiscal year ending September 30, 2009, belongs to the President who took office four months into that fiscal year, then you can only be either ignorant of the appropriations process or intellectually dishonest.

Did Obama sign it or not?
Yes or no?
Exactly. I don't care what the money was spend on. The fact of the matter is federal spending was 410 billion dollars less before Obama signed the legislation.

You are the one being intellectually dishonest.

Did Bush not sign nine of twelve appropriations acts in 2008 because the American people expected...

Agriculture, Rural Development, Food and Drug Administration, Commerce, Justice, Science, Energy and Water Development, Financial Services and General Government, Department of Interior, Environment, , Departments of Labor, Health and Human Services, and Education, Legislative Branch, Department of State, Foreign Operations, Transportation, Housing and Urban Development, and the Department of Homeland Security

...to cease to exist past March 2009?

Did Bush not include funding for the wars in Iraq and Afghanistan because he expected both to be completed by March 2009?


Like I said, please read this if you'd like to have a real conversation about budgeting: The Congressional Appropriations Process: An Introduction