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Author Topic: Economists Agree--The Stimulus Worked [Locked]
Groucho48  3 stars
Posts: 821
Registered: 2003-10-22 03:00:14
Quote:

Question B: Taking into account all of the ARRA's economic consequences — including the economic costs of raising taxes to pay for the spending, its effects on future spending, and any other likely future effects — the benefits of the stimulus will end up exceeding its costs.



Seems pretty clear to me. Economists agree that the stimulus was a success. You guys can try to sidestep and say other things would have been better or that they all must be liberals. But, if that's all you've got, you don't have much.

 

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Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Abaddon_Ambrosius posted:

Groucho48 posted:

Still no arguments against what the economists agreed to.



Grilled already covered this.

The framing of the question in the poll is about as nebulous as "Is there, or might there possibly be, a God?"

It's not worth serious discussion. Hence... you're getting none.



 

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Ptilk  4 stars
Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
They can't help it. Having the US economy going again is the worst possible thing they can think of. Wanting the country to fail so they can laugh at Obama is all they have going for them.
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
Ptilk posted:

They can't help it. Having the US economy going again is the worst possible thing they can think of. Wanting the country to fail so they can laugh at Obama is all they have going for them.





Me? You think anyone with an above-room-temperature IQ gives a crap about politicized unemployment %'s, in the face of a debt curve which never bends and a labor participation rate that's hitting all-time lows in this 'recovery'?

It makes no difference if a statist spendthrift annihilistic whore with a D is in the office, or one with an R is in there.

They're both whores.

The only question is, which one is less insane with teh syphillis?

 

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Bowlartz  1 star
Title: Offical VN Tin Foil Hat Supplier
Posts: 221
Registered: 2006-1-4 19:59:15
"Seems pretty clear to me. Liberal Economists agree"


I don't believe anyone is arguing this point.

 

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GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
no real dent at all in unemployment and all the sudden the US economy is "going again?" WTF are you guys smoking? I mean certain indicators have been up and down for ten years, but our labor woes are not on the way out. If you believe they are you have a serious thinking problem.

Wages down. underemployment up. Benefits down and employee participation in costs are rising. Government payouts at an all time high. over all growth embarrassing, control for growth that affects local labor and it is negative.

if the stimulus worked and was worth the money why didn't they do it ten times and get us out of this mess?

It didn't' even look like a majority of economists thought the stimulus was worth it in what you quoted at top, even with the spurious definition used.

I'm probably more labor liberal than anyone else on this board. you guys being easy and pretending like almost conservative policies are all super awesome is as bad for american progressive thoughts and politics as cabbyman's opinions.

You deserve to lose.

 

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PackHunter
Posts: 47
Registered: 2001-12-20 06:39:10
GrilledCheez posted:

GIMME FREE EDUCATION!



Lazy socialist.

Maybe you can tell us all how to perform open heart surgery next? And then give a dissertation on how to rebuild an A-727 transmission?

 

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poetkiosk  2 stars
Title: Snail Hunter
Posts: 297
Registered: 2002-3-17 04:37:03
I love how everyone on the Outpost is an expert. It is very funny to watch a bunch of IT guys pontificate about everything, while knowing everything.


At least Groucho is referencing an article with actual experts.


Of course he can't compete with the super secret knowledge of watching finance channels on tv.


 

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armoredgimp  1 star
Posts: 106
Registered: 2002-11-11 17:22:08
what are your taxes going to be in 6 months?
what expenses will you no longer be allowed to write off?
will your company be lynched for following the rules and paying what the law asks you to pay?
what new regulations will be put in place by unelected officials?
what new obligation will your business have and what will that cost per employee?


you can put the tax rate at 50% and if i can make a buck do you think i wont just because uncle Sam will take half, nope, i will make that buck.
But if i don't know if it is going to be 40%, 50% or 80%, i will sit on my capital and not hire that extra employee.
I wont by that extra truck or welder if i can get by with what i have.
I will get leaner and save against the future and keep what skilled employees i can

Uncertainty about what Obama will do next and his past performance is why this recovery is so sluggish.


Yes you let companies fail, the thing that is broken and caused them to fail will not get fixed otherwise.
The employee of that company with his or her own ideas will never make that start up business and forge their own way.

the stimulus was the wrong approach, but thats just my opinion.

 

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Tych2  4 stars
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
When gas hits $5 plus a gallon and the economy stalls and even slides backwards what will you claim then?

Let me predict your response. "It's the other guy's fault!".

Gee didn't see that coming.

 

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