Only 25% disbursed, just only about a year into a multiple-year program. Too soon to judge the program as a failure, IMO.

All these major economists who missed the simple truths I posted years ago about this situation and where we were headed. Right-o.

"Spend More, that'll save us."---Famous last words. Your president is a failure. Through and through. Both parties suck royally.

Insightful depth to your analysis.

And by the way - he's your President, too.

Sadly that's true, but I sure as hell didn't vote for him.....Just don't trot out idiot economists to support your faulty logic when they have been shown to be vapid over and over again.

And you are welcome to demonstrate your own "faulty logic" and keep ignoring the overwhelming majority of respected economists who have said the stimulus was not only necessary, but has now been shown to be clearly working.

Yeah, yeah, yeah ..... yawn.

again how can the nearly 20% who were unemployed last year get a tax cut???

if you don't work and have no income because you lost your job how can you get a tax cut when your income is zero ?

all i did was the math, i guess everyone can judge if one job is worth between 125k and 250k to produce. wonder how many years that person will have to be employed for the govt to even break even. on that investment?
the problem is, when times are booming, the govt is supposed to take advantage of the fact that they don't have to support a lot of unemployed workers, and won't feel a strain on benefits-which gives them an opportunity to save. that way, the gov has a nest egg in lean times so that they can come to the rescue, without adding to an untenable situation. ooops. the last few years are a failure of colossal proportions, and it's not looking to get any better. speaking of which....scuds mentioned obama breaking his campaign promise regarding the armenian genocide. what about his vow for a more ethical govt? another promised change that we'll have to do without. oh, and earmarks? read on....


http://online.wsj.com/article/SB1000...389494288.html





don't care for the wall street journal? there's always the washington post:

http://www.washingtonpost.com/wp-dyn...rss=rss_nation



"This constant claim by members that there is no link is specious, because we can see the link," said Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington (CREW), a nonprofit group. Sloan referred to data showing that well-targeted defense industry donations are routinely followed by earmarks or other legislative benefits.

Taxpayers for Common Sense, a nonprofit group that has criticized earmarks, has noted that 68 percent of the companies and universities that wanted earmarks and contributed to Senate defense appropriators this year got them, whereas 48 percent of those who did not make contributions got them. A similar outcome occurred in the House defense subcommittee, said Laura Peterson, a senior policy analyst at the group.

Well..maybe it did

There is no income tax on the first $2400 of unemployment bennies. If that ain't a tax cut , I don't know what is.:$: :rolleyes: 48% of the people pay no income taxes as it is. This fact alone can "radically transform" America when these people vote to keep the gravy train rolling fueled by the sweat and blood of Americans who are fortunate enough to still have a job. Nevermind that the gravy train is headed off a cliff. The disaster that is California will be coming to a State near you as the current administration tries to transform the entire country into California. I think it was Riot who said something about friends bugging out of that State. Why? High Taxes? Some segments of our society are more mobile than others. When the whole country is in the same condition as Cali, there won't be anywhere to move to. America is still the last stand of freedom in the world.

it saved us? lol no, it was a temporary fix that is only going to put us deeper in debt for a few years down the road. you did see the new cbo numbers just the other day? the ones that showed the national debt is about to pass 4% of our gdp, which is the tool they use to show sustainability. it continues to rise in leaps and bounds til we won't be able to make our payments any more.

Kicking the can down the road is not a savior. You take the medicine now or later. And later is worse.

When you are at the end of the road kicking the can down the road is no longer an option. For an administration so focused on "fairness", what is fair about putting the debt on future generations of Americans. Sometimes you have to go through tough times in the present to spare the future generations from tougher times. Bunning is a villain for trying to get the senate to go by their own PAYGO rules? The scamulus was just that, a scam. Re-election fund for the Democratic Party. Reward tool for backers and a punishment tool for detractors. TARP has been mostly paid back, but did any of that $$ go to pay off the deficit like it was agreed upon?

Perhaps buying more time can allow you to fix some immediate problems. Something needed to be done. The stock market was at 6500 and heading south. The economy was in freefall.

I'm not going to sit here and say that the stimulus "worked" and the economy is suddenly "better". What I will say is that something had to be done pretty fast and doing nothing at the time would have made the situation dire. People, namely investors, needed to know that the US government wasnt going to stand by and let the system break down.

This stimulus wasnt nearly about gettting and spending money. It was about restoring some confidence.

Don't confuse Stimulus (American Recovery Act) with the TARP bailouts. TARP may have been a necessary evil (that I was totally against) the stimulus was a spending binge.

Necessary according to who?

According to the companies who took bad risks knowing they would get a Govt. bailout if they lost their @ss.

$800 billion divided by 200 million workers = how much per worker?

There are real problems with our infrastructure and this guy is creating middle management paper pushing gubment jobs that ad zer0 value.

So then it wasn't necessary.

And suck up even more tax revenue while putting nothing into the economy. When everyone is collecting a check from the Govt. who is going to pay taxes? When tax dollars come from tax dollars and it makes sense to our elected officials, we are in trouble. And we ARE in trouble.