Obama's new stimulus plan same as the old

[boomerang]

Associated Press Article

Highlights quoted below.

President Barack Obama is promising some exciting coming attractions for his stimulus plan. But it turns out they're just summer reruns.

Obama faces souring public opinion over his handling of the economy, which has shed 1.6 million jobs since the stimulus was signed in February.

And for the first time, the administration admitted the economic forecasts it used to sell the stimulus were overly optimistic.

By this point, according to earlier White House economic models, the nation's unemployment rate should be on the decline. The forecasts White House advisers used to drum up support for the plan projected today's unemployment rate would be about 8 percent. Instead, it sits at 9.4 percent, the highest in more than 25 years.

Obama's disapproval rating on the economy has risen from 30 percent in February to 42 percent, according to a Gallup poll completed May 31.

Checks and balances are being restored. This is a good thing. The government should not be given carte blanche to do as they please.

Please try to spare us the drivel that the AP is a biased news source. Accountability is returning to our government and that accountability is being driven by the people. Oh, and that 'argument' that we have to give it time to work is getting old and tired too.

The administration is learning a lesson. It was inevitable. Hell, when Cheney is more popular that Pelosi, that should be a wake up call right there.

 

[SammyJr]

People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

 

[Red Dawn]

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Maybe but when the alternative is even worse (the Republicans) the voter might be willing to bite the bullet.

 

[Red Irish]

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Too true: many incumbent European parties have suffered in the recent elections as they have been blamed for the economic situation. People are short-sighted.

 

[Genx87]

I never understood why anybody, even in his administration, believed those projections. Though knowing politicians they didnt believe them either as it was sold.

The stimulus bill was first not going to stimulate much at all. And what little it did, wasnt going to show up until the Summer of 2010.

They are obviously feeling some heat and know their political capital is starting to be used up. They are now trying to accelerate stimulus spending in a vane attempt to show some kind of favorable result.

 

[RyanPaulShaffer]

Originally posted by: Red Irish

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Too true: many incumbent European parties have suffered in the recent elections as they have been blamed for the economic situation. People are short-sighted.

Funny how you neglect to mention that those European parties that suffered in recent elections were all of the Socialist parties, and the people chose to elect more Conservative representatives. Isn't it...interesting that you left out that little fact? Agenda much?

Europe is moving more right, and we are moving more left. And now, more "stimulus". :disgust:

Funny how the O-team scared us into passing the "stimulus" bill, proclaiming doom and gloom that the US would not survive without it, and promising that unemployment would not top 8% if we passed the "stimulus" bill.

Oops, unemployment is at 9.4%, so of course, the O-team and his cronies are STILL blaming Bush for everything. Some people are fooled by this smooth talk (I could name a few suckers...), but most Americans are smart enough to realize when a president says one thing and the exact opposite happens, then that president is full of it.

Cue the "But Bush...!" and "Bush lied, people died!" in 3...2...1... :roll:

Some people will be so predictable.

 

[Red Dawn]

Originally posted by: RyanPaulShaffer

Originally posted by: Red Irish

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Too true: many incumbent European parties have suffered in the recent elections as they have been blamed for the economic situation. People are short-sighted.

Funny how you neglect to mention that those European parties that suffered in recent elections were all of the Socialist parties, and the people chose to elect more Conservative representatives. Isn't it...interesting that you left out that little fact? Agenda much?

Europe is moving more right, and we are moving more left. And now, more "stimulus". :disgust:

Funny how the O-team scared us into passing the "stimulus" bill, proclaiming doom and gloom that the US would not survive without it, and promising that unemployment would not top 8% if we passed the "stimulus" bill.

Oops, unemployment is at 9.4%, so of course, the O-team and his cronies are STILL blaming Bush for everything. Some people are fooled by this smooth talk (I could name a few suckers...), but most Americans are smart enough to realize when a president says one thing and the exact opposite happens, then that president is full of it.

Cue the "But Bush...!" and "Bush lied, people died!" in 3...2...1... :roll:

Some people will be so predictable.

As you have just demonstrated.

 

[Red Irish]

Originally posted by: RyanPaulShaffer

Originally posted by: Red Irish

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Too true: many incumbent European parties have suffered in the recent elections as they have been blamed for the economic situation. People are short-sighted.

Funny how you neglect to mention that those European parties that suffered in recent elections were all of the Socialist parties, and the people chose to elect more Conservative representatives. Isn't it...interesting that you left out that little fact? Agenda much?

Europe is moving more right, and we are moving more left. And now, more "stimulus". :disgust:

Funny how the O-team scared us into passing the "stimulus" bill, proclaiming doom and gloom that the US would not survive without it, and promising that unemployment would not top 8% if we passed the "stimulus" bill.

Oops, unemployment is at 9.4%, so of course, the O-team and his cronies are STILL blaming Bush for everything. Some people are fooled by this smooth talk (I could name a few suckers...), but most Americans are smart enough to realize when a president says one thing and the exact opposite happens, then that president is full of it.

Cue the "But Bush...!" and "Bush lied, people died!" in 3...2...1... :roll:

Some people will be so predictable.

Bush didn't lie?

 

[RyanPaulShaffer]

Originally posted by: Red Irish

Originally posted by: RyanPaulShaffer

Originally posted by: Red Irish

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Too true: many incumbent European parties have suffered in the recent elections as they have been blamed for the economic situation. People are short-sighted.

Funny how you neglect to mention that those European parties that suffered in recent elections were all of the Socialist parties, and the people chose to elect more Conservative representatives. Isn't it...interesting that you left out that little fact? Agenda much?

Europe is moving more right, and we are moving more left. And now, more "stimulus". :disgust:

Funny how the O-team scared us into passing the "stimulus" bill, proclaiming doom and gloom that the US would not survive without it, and promising that unemployment would not top 8% if we passed the "stimulus" bill.

Oops, unemployment is at 9.4%, so of course, the O-team and his cronies are STILL blaming Bush for everything. Some people are fooled by this smooth talk (I could name a few suckers...), but most Americans are smart enough to realize when a president says one thing and the exact opposite happens, then that president is full of it.

Cue the "But Bush...!" and "Bush lied, people died!" in 3...2...1... :roll:

Some people will be so predictable.

Bush didn't lie?

Ah the left, deflect and dance, but never address the issue at hand.

:laugh:

"By this point, according to earlier White House economic models, the nation's unemployment rate should be on the decline. The forecasts White House advisers used to drum up support for the plan projected today's unemployment rate would be about 8 percent. Instead, it sits at 9.4 percent, the highest in more than 25 years."

http://news.yahoo.com/s/ap/200...r_wh/us_obama_stimulus

Stop skirting the issue and address the topic at hand. Is that so hard? I mean, seriously, is the left actually capable of dealing with facts and directly addressing the issues?

Obama lied, people lost their jobs! :shocked::brokenheart::disgust::frown::|:roll:

:Q:thumbsdown:

Eh...not quite as catchy, but true.

 

[Red Irish]

Originally posted by: RyanPaulShaffer

Originally posted by: Red Irish

Originally posted by: RyanPaulShaffer

Originally posted by: Red Irish

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Too true: many incumbent European parties have suffered in the recent elections as they have been blamed for the economic situation. People are short-sighted.

Funny how you neglect to mention that those European parties that suffered in recent elections were all of the Socialist parties, and the people chose to elect more Conservative representatives. Isn't it...interesting that you left out that little fact? Agenda much?

Europe is moving more right, and we are moving more left. And now, more "stimulus". :disgust:

Funny how the O-team scared us into passing the "stimulus" bill, proclaiming doom and gloom that the US would not survive without it, and promising that unemployment would not top 8% if we passed the "stimulus" bill.

Oops, unemployment is at 9.4%, so of course, the O-team and his cronies are STILL blaming Bush for everything. Some people are fooled by this smooth talk (I could name a few suckers...), but most Americans are smart enough to realize when a president says one thing and the exact opposite happens, then that president is full of it.

Cue the "But Bush...!" and "Bush lied, people died!" in 3...2...1... :roll:

Some people will be so predictable.

Bush didn't lie?

Ah the left, deflect and dance, but never address the issue at hand.

:laugh:

"By this point, according to earlier White House economic models, the nation's unemployment rate should be on the decline. The forecasts White House advisers used to drum up support for the plan projected today's unemployment rate would be about 8 percent. Instead, it sits at 9.4 percent, the highest in more than 25 years."

http://news.yahoo.com/s/ap/200...r_wh/us_obama_stimulus

Stop skirting the issue and address the topic at hand. Is that so hard? I mean, seriously, is the left actually capable of dealing with facts and directly addressing the issues?

Obama lied, people lost their jobs! :shocked::brokenheart::disgust::frown::|:roll:

:Q:thumbsdown:

Eh...not quite as catchy, but true.

Why do you assume that I am left-wing? I do not refer to myself as either left-wing or right-wing, but I dislike liars. Moreover, I would argue that there is no left-wing in the U.S., merely right and further right. If you wish to convince me that a President who has served just over 100 days is to be blamed for the current economic situation when Bush served two full terms of office, I will save you the time and energy.

 

[bbdub333]

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Short sighted? Like when we pile trillions of dollars on our national debt in order to ease the pain of our present situation? No, that's not short sighted at all...

 

[SammyJr]

Originally posted by: Red Dawn

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Maybe but when the alternative is even worse (the Republicans) the voter might be willing to bite the bullet.

You're probably right. The Republicans have Palin and Jindal, two young earth creationist morons and a bunch of really old men. Not a single one appeals to moderates.

 

[SammyJr]

Originally posted by: RyanPaulShaffer
Funny how you neglect to mention that those European parties that suffered in recent elections were all of the Socialist parties, and the people chose to elect more Conservative representatives. Isn't it...interesting that you left out that little fact? Agenda much?

Europe is moving more right, and we are moving more left. And now, more "stimulus". :disgust:

Don't celebrate yet. In Europe, a conservative is about where Dennis Kucinich is here. You're not going to see the Europeans trading their health insurance programs for our for-profit nightmare any time soon, nor are you going to see them invading countries without reason.

Funny how the O-team scared us into passing the "stimulus" bill, proclaiming doom and gloom that the US would not survive without it, and promising that unemployment would not top 8% if we passed the "stimulus" bill.

Oops, unemployment is at 9.4%, so of course, the O-team and his cronies are STILL blaming Bush for everything. Some people are fooled by this smooth talk (I could name a few suckers...), but most Americans are smart enough to realize when a president says one thing and the exact opposite happens, then that president is full of it.

Cue the "But Bush...!" and "Bush lied, people died!" in 3...2...1... :roll:

Some people will be so predictable.

What's your solution? Tax cuts for the wealthy? Invade Iran? Abstinence education? The American people turned down Oldie/Fundie, remember?

 

[SammyJr]

Originally posted by: bbdub333

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Short sighted? Like when we pile trillions of dollars on our national debt in order to ease the pain of our present situation? No, that's not short sighted at all...

So we should have done nothing and let the economy collapse?

Funny how the far-right had no problem piling a trillion dollars on the debt for the Iraq war. And unlike the stimulus, the Iraq war has no ROI at all.

 

[BarrySotero]

Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

 

[SammyJr]

Originally posted by: BarrySotero
Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

What are you going to say when the economy turns around?

 

[Genx87]

Originally posted by: SammyJr

Originally posted by: bbdub333

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Short sighted? Like when we pile trillions of dollars on our national debt in order to ease the pain of our present situation? No, that's not short sighted at all...

So we should have done nothing and let the economy collapse?

Funny how the far-right had no problem piling a trillion dollars on the debt for the Iraq war. And unlike the stimulus, the Iraq war has no ROI at all.

What planet do you live on? How many millions of jobs have been lost and what how much has our economy contracted? I was for the initial bank bailout only to keep the credit markets from drying up. But the second boondoggle which is what Obama is finally taking heat on wasnt needed in the least. That was just an expansion of govt under the guise of stimulus. And then the ridiculous deficit spending. Christ, I thought we finally got rid of Bush in Nov. Only to find out he has a step brother who has to out do him.

 

[Genx87]

Originally posted by: SammyJr

Originally posted by: BarrySotero
Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

What are you going to say when the economy turns around?

That of course depends on if the economy turns around due to the natural cycle of our economy or because of the ridiculous spending. One thing for sure, that debate will be very partisan.

 

[MotF Bane]

Originally posted by: Genx87

Originally posted by: SammyJr

Originally posted by: BarrySotero
Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

What are you going to say when the economy turns around?

That of course depends on if the economy turns around due to the natural cycle of our economy or because of the ridiculous spending. One thing for sure, that debate will be very partisan.

If it turns around in the next four years, Obama takes the credit, Dems stay/retake Congress, and Obama cruises through his next election, no matter whether the spending actually helped or hurt.

 

[MotF Bane]

Originally posted by: BarrySotero
Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

What's the next step up from facepalm? Facewaffle?

 

[RyanPaulShaffer]

Originally posted by: SammyJr

Originally posted by: bbdub333

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Short sighted? Like when we pile trillions of dollars on our national debt in order to ease the pain of our present situation? No, that's not short sighted at all...

So we should have done nothing and let the economy collapse?

Funny how the far-right had no problem piling a trillion dollars on the debt for the Iraq war. And unlike the stimulus, the Iraq war has no ROI at all.

Obama has piled up deficits that are FIVE TIMES higher than Bush's worse deficits.

What is our great ROI on all this spending? The highest unemployment in 25 years?

:roll:

 

[SammyJr]

Originally posted by: Genx87

Originally posted by: SammyJr

Originally posted by: BarrySotero
Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

What are you going to say when the economy turns around?

That of course depends on if the economy turns around due to the natural cycle of our economy or because of the ridiculous spending. One thing for sure, that debate will be very partisan.

I think the economy would have turned around either way. However, I think the downtime would have been a lot more painful for the middle and lower classes without the stimulus. We'll see.

BarrySotero is trying to say that Obama's stimulus will prevent a turn around all together. That's stupid.

 

[MotF Bane]

Originally posted by: SammyJr

Originally posted by: Genx87

Originally posted by: SammyJr

Originally posted by: BarrySotero
Obama is euthanizing the economy. Debt can be 100% of GDP in 5 years and he's only just begun. He terrifies investors. He's a maniac who thinks US was too strong (like most Marxists).

What are you going to say when the economy turns around?

That of course depends on if the economy turns around due to the natural cycle of our economy or because of the ridiculous spending. One thing for sure, that debate will be very partisan.

I think the economy would have turned around either way. However, I think the downtime would have been a lot more painful for the middle and lower classes without the stimulus. We'll see.

BarrySotero is trying to say that Obama's stimulus will prevent a turn around all together. That's stupid.

Well, it's Barry. Have you Googled his name yet?

 

[SammyJr]

Originally posted by: RyanPaulShaffer

Originally posted by: SammyJr

Originally posted by: bbdub333

Originally posted by: SammyJr
People are impatient. It takes more than a few months to recover from a Bush sized disaster. Obama and the Democrats will be in trouble in November 2010 if most Americans can't see the light at the end of the tunnel, though.

Short sighted? Like when we pile trillions of dollars on our national debt in order to ease the pain of our present situation? No, that's not short sighted at all...

So we should have done nothing and let the economy collapse?

Funny how the far-right had no problem piling a trillion dollars on the debt for the Iraq war. And unlike the stimulus, the Iraq war has no ROI at all.

Obama has piled up deficits that are FIVE TIMES higher than Bush's worse deficits.

What is our great ROI on all this spending? The highest unemployment in 25 years?

:roll:

You guys really believe your own messiah bullshit. Any recovery is going to take time. President Obama can't turn shit into tacos by snapping his fingers.

 

[Siddhartha]

Mr Obama has around six more months to show positive signs that the economy is turning around.