Originally posted by: senseamp
Originally posted by: Ronstang
Originally posted by: senseamp
Economy is improving y'all

Face it, even if you hate Obama, it's good for America.
The economy improving IS good for America and has nothing to do with Obama, if it is actually happening. These numbers prove nothing since we still lost over 200K net jobs so this number is rather dubious. Obama IS bad for America. People are finally starting to figure this out.
Stimulus is working. Happy days are here again.
I believe that the stimulus is not generating long term jobs. It was intended to generate pork spending, advance spending by the states up (preplanned) or act as a stop gap loss to government job layoffs.
Pork creates short term jobs - and there may not be enough to actually complete the project
Advance spending is work that was already budgeted for - just get the work done sooner.
the budgeted money will be moved into future projects or absorbed into the general fund to cover deficits.
Stop Gap job loss will only work until the funds run out. Unless tax $$ come in those jobs will go away again - just postponing the pain.
The stimulus's like pushing the car by hand before letting out the clutch on a dead battery. Hopefully, you have enough momentum to start the engine.
Given the type of $$ that the stimulus targeted (rules placed on the use of funds), it is questionable if it will have the desired long term effect. The economy has to work its way out of the bubbles that exploded, The stimulus may help a little, bu tit should not get the credit for recovery.
An example is the cash for clunkers - encouraging people to take on more debt and artificially adjusting the market is not good when the marketplace is so unstable.