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  #1  
Old 09-25-2012, 06:09 AM
Rudeboyelvis Rudeboyelvis is offline
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Originally Posted by Riot View Post
Things like that oft-repeated canard, "the stimulus was an epic fail". Nope. 99.9% of economists around the world say, not at all, it worked. Yes, suck on that, Obama-haters. You may not "believe" in stimulus. But the stimulus worked, and that's a measurable and proven economic fact, verified by virtually every single independent economist.


Wow. This unsubstantiated lie just won me over. How could I have been so blind??
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Old 09-25-2012, 08:26 AM
Rudeboyelvis Rudeboyelvis is offline
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Amazing how much bullsti.t she pulls out of her asz, and parades it as fact.

Now it's 4.6 million jobs? Gee, Obama only took credit for 4.5 million, and that was laughed away when proven by fact that when the dust settled, it was only 300K. Oh, that cost almost a trillion dollars.

Where did this latest flood of jobs come from? I'm guessing you had some accounting help by the 99.9% of economists that also supposedly believe the cool trillion was worth it. SMH.
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Old 09-25-2012, 08:38 AM
Danzig Danzig is offline
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Originally Posted by Rudeboyelvis View Post
Amazing how much bullsti.t she pulls out of her asz, and parades it as fact.

Now it's 4.6 million jobs? Gee, Obama only took credit for 4.5 million, and that was laughed away when proven by fact that when the dust settled, it was only 300K. Oh, that cost almost a trillion dollars.

Where did this latest flood of jobs come from? I'm guessing you had some accounting help by the 99.9% of economists that also supposedly believe the cool trillion was worth it. SMH.
you have to count 'saved' jobs too.

on the bolded, what?!

http://www.usnews.com/opinion/blogs/...timulus-worked

"But in a survey by the University of Chicago's Booth School of Business, 80 percent of the 40 or so economists surveyed agreed with the Congressional Budget Office, known as the CBO, that the unemployment rate was lower at the end of 2010 than it would have been without the stimulus law. The survey asked a second question about whether—accounting for future costs arising from financing the stimulus with debt—its benefits would end up exceeding its costs. Here, 46 percent thought that they would and another 27 percent were uncertain, leaving only a small percentage that did not."

.........so, less than half think it will turn out to have been beneficial long-term.

yeah, i haven't seen 99.9% anywhere. obviously a made up figure. that can't be!


and i found this:

http://www.washingtonpost.com/blogs/...bibJ_blog.html

"If you ask the Obama administration, economists are virtually united in thinking the 2009 stimulus package worked. “I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs,” Obama declared at a press conference last month. Or, to quote NEC chair Gene Sperling from an interview a few weeks ago, “There is no question that the evidence is showing that the type of things the president did to help state and local governments really mattered, were really helpful in pulling us from the brink of depression to a recovery.”

But the stimulus’ critics allege that this evidence isn’t reliable. The studies the administration is relying on depend on models that “substitute assumptions for identification,” Harvard economist Robert Barro writes today in the Wall Street Journal. “To figure out the economic effects of transfers one needs ‘experiments,’” Barro writes, “in which the government changes transfer in an unusual way—while other factors stay the same—but these events are rare.”

The truth is, both studies of the type Barro prefers, and studies using models, which he criticizes, have been conducted to determine the effect of the stimulus on employment and output. Of the nine studies I’ve found, six find that the stimulus had a significant, positive effect on employment and growth, and three find that the effect was either quite small or impossible to detect."



not exactly 99.9%....
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Last edited by Danzig : 09-25-2012 at 08:51 AM.
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Old 09-25-2012, 09:12 AM
Rudeboyelvis Rudeboyelvis is offline
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Originally Posted by Danzig View Post
you have to count 'saved' jobs too.

on the bolded, what?!

http://www.usnews.com/opinion/blogs/...timulus-worked

"But in a survey by the University of Chicago's Booth School of Business, 80 percent of the 40 or so economists surveyed agreed with the Congressional Budget Office, known as the CBO, that the unemployment rate was lower at the end of 2010 than it would have been without the stimulus law. The survey asked a second question about whether—accounting for future costs arising from financing the stimulus with debt—its benefits would end up exceeding its costs. Here, 46 percent thought that they would and another 27 percent were uncertain, leaving only a small percentage that did not."

.........so, less than half think it will turn out to have been beneficial long-term.

yeah, i haven't seen 99.9% anywhere. obviously a made up figure. that can't be!


and i found this:

http://www.washingtonpost.com/blogs/...bibJ_blog.html

"If you ask the Obama administration, economists are virtually united in thinking the 2009 stimulus package worked. “I’m absolutely convinced, and the vast majority of economists are convinced, that the steps we took in the Recovery Act saved millions of people their jobs or created a whole bunch of jobs,” Obama declared at a press conference last month. Or, to quote NEC chair Gene Sperling from an interview a few weeks ago, “There is no question that the evidence is showing that the type of things the president did to help state and local governments really mattered, were really helpful in pulling us from the brink of depression to a recovery.”

But the stimulus’ critics allege that this evidence isn’t reliable. The studies the administration is relying on depend on models that “substitute assumptions for identification,” Harvard economist Robert Barro writes today in the Wall Street Journal. “To figure out the economic effects of transfers one needs ‘experiments,’” Barro writes, “in which the government changes transfer in an unusual way—while other factors stay the same—but these events are rare.”

The truth is, both studies of the type Barro prefers, and studies using models, which he criticizes, have been conducted to determine the effect of the stimulus on employment and output. Of the nine studies I’ve found, six find that the stimulus had a significant, positive effect on employment and growth, and three find that the effect was either quite small or impossible to detect."



not exactly 99.9%....
Exactly, Ziggy... The entire farce is a joke. Everything from Romney's plan to "save the country", to how "wonderful everything is due to Obama mortgaging us into fiscal collapse" is based on assumptions that neither side would believe with a straight face.
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Old 09-25-2012, 03:02 PM
Danzig Danzig is offline
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Exactly, Ziggy... The entire farce is a joke. Everything from Romney's plan to "save the country", to how "wonderful everything is due to Obama mortgaging us into fiscal collapse" is based on assumptions that neither side would believe with a straight face.
it is a farce.

as long as folks go with the two big parties, we will continue to deal with all this bs. we need to all vote C. everyone. just think what would happen if the dems and reps both were kicked to the curb! my oh my. that would be awesome.


won't happen. too many, on each side, still thinks their side is the one. wrong. both parties are owned by the same group of people. most big corporations donate similar amounts to both parties to hedge their bets.
like gore vidal said, people need to recognize there aren't two parties. there is one party, run for 4% of the people.
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Old 09-25-2012, 03:12 PM
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as long as folks go with the two big parties, we will continue to deal with all this bs. we need to all vote C. everyone.
I wonder when she'll be on The View?
http://www.usatoday.com/news/opinion...ial/57837680/1
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Old 09-25-2012, 03:42 PM
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I wonder when she'll be on The View?
http://www.usatoday.com/news/opinion...ial/57837680/1
i can't believe that show's still on, or that people watch it.


it irritates me that they still only have two candidates in these debates. but those with the money have the say so.
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Old 09-25-2012, 03:05 PM
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Originally Posted by Rudeboyelvis View Post
Exactly, Ziggy... The entire farce is a joke. Everything from Romney's plan to "save the country", to how "wonderful everything is due to Obama mortgaging us into fiscal collapse" is based on assumptions that neither side would believe with a straight face.
Really, Rude? Where has "Obama mortgaged us into fiscal collapse"?

Words have meanings, you know.
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Old 09-25-2012, 03:15 PM
Rudeboyelvis Rudeboyelvis is offline
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Really, Rude? Where has "Obama mortgaged us into fiscal collapse"?

Words have meanings, you know.
5 trillion dollars of unanswered debt in 3 years with zero plan on how to pay it back, only maybe...just maybe if, if all of his presumptions and assumptions of the future plays out exactly according to his gilded vision, will we he be able to pay a portion of the interest on the total debt in 10 YEARS.

I dunno, I guess when you are a shill, words don't have the same meaning.
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Old 09-25-2012, 03:17 PM
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5 trillion dollars of unanswered debt in 3 years with zero plan on how to pay it back, only maybe...just maybe if, if all of his presumptions and assumptions of the futurs plays out exactly according to his gilded vision, will we he be able to pay a portion of the interest on the total debt in 10 YEARS.

I dunno, I guess when you are a shill, words don't have the same meaning.
First, show me exactly what "5 trillion Obama has caused in three years with zero plan to pay it back" in debt you are talking about. Be specific. List the programs and the cost. What 5 trillion dollars has Obama caused us?

Because it seems to me you are repeating a long-disproven RW talking point, that is referring actually to the ongoing cost of our debt created by George Bush (and previous to him), having zero to do with whoever is president now. You are merely quoting a chart of our national debt, and falsely assuming and falsely attributing that anything after 2008 is Obama's fault. That's false.

Correct me. List Obama's debt since he's been elected, that adds up to 5 trillion.

Let's see who's a shill.
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Last edited by Riot : 09-25-2012 at 03:28 PM.
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Old 09-25-2012, 09:05 AM
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Wow. This unsubstantiated lie just won me over. How could I have been so blind??
I like this part too...

" verified by virtually every single independent economist"

Oh my !
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Old 09-25-2012, 02:41 PM
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I like this part too...

" verified by virtually every single independent economist"

Oh my !
"Literally!"
http://economistsforromney.com/
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Old 09-25-2012, 03:02 PM
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I started another thread on the stimulus. You're free to please join that discussion, and quote economists stating how the stimulus didn't work.
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Old 09-25-2012, 12:44 PM
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Wow. This unsubstantiated lie just won me over. How could I have been so blind??
Assessments from major economists on the stimulus have been posted here in Derby Trail before, several times, in threads you have commented upon.

Sorry, I assume you read and remember the threads you have posted in?

But go ahead and post economists talking about how the stimulus has failed - please. I'll be happy to post - again, for the third time - the ones that verify it was a success.
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Old 09-25-2012, 03:24 PM
Clip-Clop Clip-Clop is offline
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Assessments from major economists on the stimulus have been posted here in Derby Trail before, several times, in threads you have commented upon.

Sorry, I assume you read and remember the threads you have posted in?

But go ahead and post economists talking about how the stimulus has failed - please. I'll be happy to post - again, for the third time - the ones that verify it was a success.
Can you post 999 for every 1 I can find?

That is how you convert % into real numbers.
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Old 09-25-2012, 03:28 PM
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Can you post 999 for every 1 I can find?

That is how you convert % into real numbers.
Um. No. Your math is off. You've confused the mathematical conversion to percentage with an actual percentage. You're off by a decimal point. Try again But I'll be looking forward to your postings! Anxiously awaiting you to post the first study that shows the stimulus was a failure.
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Old 09-25-2012, 03:29 PM
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http://www.usnews.com/opinion/blogs/...in-in-spending

"Nearly 100 prominent U.S. economists including former CBO Director Douglas Holtz-Eakin, Ohio University’s Richard Vedder, and James C. Miller, III, who headed up the White House Office of Management and Budget under Ronald Reagan, are telling President Barack Obama that his economic stimulus has failed"

There is 3, your turn.
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Old 09-25-2012, 03:42 PM
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http://www.usnews.com/opinion/blogs/...in-in-spending

"Nearly 100 prominent U.S. economists including former CBO Director Douglas Holtz-Eakin, Ohio University’s Richard Vedder, and James C. Miller, III, who headed up the White House Office of Management and Budget under Ronald Reagan, are telling President Barack Obama that his economic stimulus has failed"

There is 3, your turn.
Yes - can you show what actual studies and figures they are using to show that? Because you are quoting from back in early 2010 - before the stimulus was even fully in effect. Try quoting an economist from 2011 or 2012, looking back on the stimulus.
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Old 09-25-2012, 03:43 PM
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Yes - can you show what actual studies and figures they are using to show that?
I would just like the names of 2997 that refute their opinions.
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Old 09-25-2012, 03:49 PM
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I would just like the names of 2997 that refute their opinions.
Here's your baseline: the non-partisan Congressional Budget Office published a very well-covered study that says the stimulus worked.

Show one economist that says that data is wrong, and has his own data to disprove it

(Hint - I know of two, that I've put on Derby Trail twice before, lets see if you can find them)
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