Obama on Stimulus spending

[Ms Tree]

You were the one who decided to start with the numerous insults when you ran out of fact to suuport your claim. I got tired of your BS and met fire with fire and for that I am sorry. I try not to lower my self to the level of others but there are times when slip. I have asked questions in an attempt to carry on a discussion. Apparently you are not up to the task. I apologize for over estimating your abilities.

 

[Kev3188]

Apparently you are not up to the task. I apologize for over estimating your abilities.

Up to =/= willing...

 

[Knotbuyinit]

You were the one who decided to start with the numerous insults when you ran out of fact to suuport your claim. I got tired of your BS and met fire with fire and for that I am sorry. I try not to lower my self to the level of others but there are times when slip. I have asked questions in an attempt to carry on a discussion. Apparently you are not up to the task. I apologize for over estimating your abilities.

Mooommmm, I'm telling, he started it!

Don't feel sorry Ms Tree, but I'll accept your apology none-the-less.

I’m not feeling your heat Ms. Tree. I have no problem discussing anything with you or others on the Cooler. I’m very prepared to engage in a civil discussion on the subject of your choice. Regarding this thread, it didn’t appear that you were being honest (whether intentional or by mistake) about discussing “Obama on Stimulus spending”. It appeared on the surface, to be an attempt to excuse Obama for his obvious failure to bring this economy to its feet, something you’ll never acknowledge despite irrefutable evidence.

You know what’s lower than personal insults? Willful and deceitful threads just like this. It’s not that we don’t know you’re disingenuous, we just didn’t expect you would go that low. For that, you wear the crown and you did build that!

You would have been better off starting this thread with actual statements from Obama about the Stimulus bill.

I’m doing just what Obama told me to do . . . holding him accountable for the epic failure of his economic recovery plan.

 

[Knotbuyinit]

Up to =/= willing...

I tried to engage you in several conversations, asking questions along the way. As of today, you havn't been able to generate an answer or explaination that back up any of your uninformed statements.

 

[Ms Tree]

Up to =/= willing...

I had hoped she had learned something on her hiatus but alas no. Still using the same tired insults and no support for her assertions. She is neither up or willing learn or research.

I'm done with her till she grows up.

 

[Knotbuyinit]

I had hoped she had learned something on her hiatus but alas no. Still using the same tired insults and no support for her assertions. She is neither up or willing learn or research.

I'm done with her till she grows up.

Well bless your little heart Garfield! Now you silly little savage, run off and tell your mommy on me or just block me like the bed wetting punk arse you really are. What a buzz kill, I was just getting started with you, now you're taking your ball and going back to your mommy's basement. You're not done with me until I tell you you're done with me. LOL

 

[southwind]

“What we're trying to accomplish here is the recognition of the fact that in recessions, unemployment lags on well after a recovery has taken place,” Obama said at the time. “We have a lot of laid-off workers, and more layoffs are occurring. And we know, as a historical fact, that even if our economy begins to slowly recover, unemployment is going to linger on and on well after that recovery takes place.”

Makes perfect sense to me. It took Bush 8 years to screw up the economy with two wars, TARP, tax cuts during two wars ..... and everyone knows it takes much longer to build something than it does to tear it down.

No matter who said the above, it does not change that fact that Barrack has no recovery plan, he was involved in TARP, jobless rate has not change and this................. federal deficit = $15,974,809,707,529 and counting !

 

[Kev3188]

No matter who said the above, it does not change that fact that Barrack has no recovery plan, he was involved in TARP, jobless rate has not change and this................. federal deficit = $15,974,809,707,529 and counting !

Paul Ryan heavily advocated for the TARP program. His district is home to some of the highest unemployment rates in WI. Does that mean you'll be voting against Romney come November?

 

[SparrowHawk]

Paul Ryan heavily advocated for the TARP program. His district is home to some of the highest unemployment rates in WI. Does that mean you'll be voting against Romney come November?

Because he's a BANKSTER just like the rest of them.

When you vote for either Obama OR Romney what you are essentially saying is this, Please F*&k me up the assets for another four years. Take my buying power & my civil liberties" The only choice you are making is what position you preferr to be F&*ked in.

 

[delldude]

I think it's funny that when all of you thought Obama made the statement it was all bad and evil and when it is revealed that Ryan actually made the statement all the indignation disappears.

By the way, you guys may want to actually verify information before you go off and comment on it. It is obvious you do not research things posted on here much less the some of the crap you guys post on your own. Reminds of of the 'we'll have to pass it to read it" BS. I'll bet most of you do not even know what she actually said unless you look it up now. Same thing with the "i like to fire people" comment that Romney made. Taken completely out of context by pundits and given to idiots like you who they know will never research anything.

Falsify, alter and post a doctored speech to prove some lame point. Sounds like a typical left tactic.

 

[Ms Tree]

Paul Ryan heavily advocated for the TARP program. His district is home to some of the highest unemployment rates in WI. Does that mean you'll be voting against Romney come November?

That is what the right does not seem to get about Ryan. He not only voted for TARP but for the bail outs and everything else. The right is saying that not enough has changed eougb but even Ryan has said it will take time..... except when you are trying to get elected.

We need to.get rid of the electoral college so that we may have a hope.of getting someone other than a D or R in office. The same crap year after year is not working.

 

[Knotbuyinit]

Paul Ryan heavily advocated for the TARP program. His district is home to some of the highest unemployment rates in WI. Does that mean you'll be voting against Romney come November?

The purpose of the Troubled Asset Relief Program was to purchase difficult to value assets from banks and other financial institutions, the institutions that were “too big to fail”.

The program wasn’t designed to curtail climbing unemployment rates, not even in Wisconsin.

I think you’re getting the Stimulus Bill and the TARP program confused. The Stimulus Bill was designed to put Americans back to work by investing in bogus green energy companies, corrupt public unions, Obama campaign bundlers and the like. The Stimulus program was a real success story in a way that can be measure by the historic drop in the unemployment rate from 8.3% in January 2009 to 8.3% in August 2012.

Does that mean you will be voting for Obama in November?

 

[Ms Tree]

The debt in 2000 was $5.6T, it was $9.9T. In 1980 it was $908B and in 1990 it had risen to $3.2T In 2000 it had risen to $5.6T. And now the right is worried about the debt? Reagan tripled the debt, Clinton did not even double it. Bush Nearly doubled it and Obama nearly doubled it with two unpaid wars and a banking collapse.


Republicans screw up the fiances more than the Dems but that is like saying syphilis is better than gonorrhea. They both suck.

 

[Ifly2]

How much worse would it have been without the stimulus? Most of th e money went to states, which mostly have are required to have balanced budgets. What if those states had laid off teachers, law enforcement, and people that provide other essential services? How many other local businesses would have suffered without those folks' income in the system? How many mor layoffs would that have generated. Welcome to teh economic snowball from hell.

Interesting Link:

http://www.washingtonpost.com/blogs/ezra-klein/post/did-the-stimulus-work-a-review-of-the-nine-best-studies-on-the-subject/2011/08/16/gIQAThbibJ_blog.html

Maybe maintaining 8.3% was a victory, compared to what might have been. Maybe more stimulus was what was really needed... not less/none.

It worked for Reagan... massive government spending... helped end the recession of 1982/82.

However... It is far more complex than saying the Reagan's economic ideas ended the "Carter Recession".

Even though Reagan inherited a recession that was not as severe as the one Obama got handed, and did not involve the threats to the global banking system and the issues created by the attempt to create a single European currency by linking economies of vastly different countries, not to mention the effect of China/India on global energy prices, the economy did not emerge from recession until the 3rd year of his term.

Further, Reagan's economic theories were never fully implimented - Congress eagerly embraced the tax cut element of his philosophy, but refused to trim domestic spending while simultaneously ramping up defense spending (which created a stimulus effect which had some effect on ending the recession).

Economic reality, including long time scales, the unknowable long-term effect of short term actions, the interconnectivity with events around the globe, etc., makes blaming or crediting a President a foolish exercise.

Yeah, I "borrowed" some of that.

 

[Kev3188]

The purpose of the Troubled Asset Relief Program was to purchase difficult to value assets from banks and other financial institutions, the institutions that were “too big to fail”.

The program wasn’t designed to curtail climbing unemployment rates, not even in Wisconsin.

I know they were 2 separate programs. The examples I used were not meant to conflate them, but 2 point out Ryan's hypocrisy. He claims to be for "small government," then goes and advocates for a gigantic government bailout.

Separately, he claims to have a jobs plan for the nation, but can't even do it in his home district.