Is it just me or does anyone else find Obama's economic policies+spending tyrannical?

[EagleKeeper]

What you are saying is directly contradicted by analysis of the stimulus package by real economists. Depending on the source and their baseline estimate, the stimulus package is estimated to have increased US employment by anywhere from 1.6-3 million jobs.

You might not like the stimulus package and think that things could have been spent better elsewhere (or not spent at all), but saying that it did nothing for numbers is ridiculous.

the stimuls package increase employment by saving jobs that were being cut.

It also pulled jobs forward. As the stimulus funds expire, those jobs that were "saved" & pulled forward will be no longer funded. So another stimuls package will be needed to maintain those 1-3M jobs in the coming year or so.

A solid growing economy will allow those jobs to be permantently required, not whitewashed on.

Figures from government sources have been shown to be very inaccurate and there are no standards for how they accouitned for the jobs.

Even 3M jobs for the amount of $$ authorized is an expensive proposition. The government would have been better served if they had cut a direct check to every person with the restriction that it could only be used for goods made in USA. spending would have increased, demand would have increased and American jobs would have been created with the subsequent kick start that would be better than what happened. It would have not protected the state employees but wold be better for the country. Each state government could have also received a package porportinoal in somw way to help retain the civil servants for a couple of years until the kickstart got the engine running smoothly

 

[fskimospy]

the stimuls package increase employment by saving jobs that were being cut.

It also pulled jobs forward. As the stimulus funds expire, those jobs that were "saved" & pulled forward will be no longer funded. So another stimuls package will be needed to maintain those 1-3M jobs in the coming year or so.

A solid growing economy will allow those jobs to be permantently required, not whitewashed on.

Figures from government sources have been shown to be very inaccurate and there are no standards for how they accouitned for the jobs.

Even 3M jobs for the amount of $$ authorized is an expensive proposition. The government would have been better served if they had cut a direct check to every person with the restriction that it could only be used for goods made in USA. spending would have increased, demand would have increased and American jobs would have been created with the subsequent kick start that would be better than what happened. It would have not protected the state employees but wold be better for the country. Each state government could have also received a package porportinoal in somw way to help retain the civil servants for a couple of years until the kickstart got the engine running smoothly

Well the CBO and actual accounting firms disagree with you, and unlike your post they use evidence to back it up.

Like I said, be against the stimulus all you want, but you should base your opposition on reality.

 

[EagleKeeper]

It was also half tax cuts.

Also, visit recovery.gov to see all of the crap it didn't do.

Locally, and i live in buttfuck nowhere, it has rebuilt 3 stretches of highway and 6 bridges and gave over 12 million in funding to local schools to keep our teachers employed.

Employed doing what?

Have the student #s gone down?

Your community needs to decide what it wants to fund and pony up the resources to do so.

What was built was done with compaines that already had the workers. Unless a company was forced to hire additional workers, all they did was pull the projects sooner and/or have more work in the backlog for later.

Will public service projects, there is always more coming down the road - good companies do nto lack for work.

 

[fskimospy]

Employed doing what?

Have the student #s gone down?

Your community needs to decide what it wants to fund and pony up the resources to do so.

What was built was done with compaines that already had the workers. Unless a company was forced to hire additional workers, all they did was pull the projects sooner and/or have more work in the backlog for later.

Will public service projects, there is always more coming down the road - good companies do nto lack for work.

But they need funding to do them.

Seriously man, you're just yanking made up ideas out of thin air here.

Show us the numbers that you are basing your opinion on.

 

[EagleKeeper]

Well the CBO and actual accounting firms disagree with you, and unlike your post they use evidence to back it up.

Like I said, be against the stimulus all you want, but you should base your opposition on reality.

The CBO gets their projections and numbers from Congress itself.

Accounting firms get their employment numbers from the government.

State government can not keep track of the funds and how many positions were saved/created.

Verifiable statistics are what is needed - those are not available.

Raw numbers are being provided mixed in the massaged data which allow the twist/turn/deciphering how one wants to spin them

 

[fskimospy]

The CBO gets their projectinos and numbers from Congress itself.

Accounting firms get their employment numbers from the government.

State government can not keep track of the funds and how many positions were saved/created.

verifiable statistics are what is needed - those are not available.

Raw numbers are being provided which allow the twist/turn/deciphering how one wants to spin them

The CBO most certainly does NOT get their projections and numbers from Congress. That is flatly false.

Again, professional accounting firms disagree with you. I am basing my opinion on the best data available. You are basing yours on...?

 

[Siddhartha]

OP,

If you were POTUS on 1/21/2010 what would you do if the US was on the verge of a 1930's type economic depression?
2.6 million jobs were loss in 2008.
600,000 jobs were loss in Jan 2009.
700,000 jobs were loss in Feb 2009.

Would you go on a gold standard which would decrease the money supply.

Would you reduce the size of the Federal government which would increase unemployment?

Would you cut Federal spending which would deepen the recession?

What would you do that would not have made things worst?

I would have done all 3 of those things. I would have also created bankruptcy legislation forgiving a fraction of private debt, established a national 100% reserve mandate, and I would not have threatened to raise taxes.

What do you think would be the results if your economic policies were implemented back on 1/21/2010 or now?