So did the stimilus ruin the recovery?

[DamnYankee]

southern man bought two houses at the peak of the housing market and you expect him to know we are out of the recession. LOL

Wrong-o. I bought the main house 13 years ago, and built my vacation home six years ago. I caught the market just right on the mountain home. The State re-built 421, and one of the most dangerous roads in the state became a leisurely four-lane. I paid $41k for the lot and two years the one next to me was going for $95k. Both homes are worth considerably more than I paid, even now.

 

[DamnYankee]

What he will probably point to is a report from the fed that said July 1st, 2009 (If I remember correctly) that the recession was over because of GDP numbers..

Of course GDP numbers like most govt statistics are carefully crafted to lie and misinform..

When they devalue the money enough then there will come a point where we reach equlibirium and a boom might even begin.. But we're not really fixing anything.. we're just playing with paper values.

We wont fix things until we start producing and export more goods than we import.

GDP includes what the government spends.

 

[Topspin]

Wrong-o. I bought the main house 13 years ago, and built my vacation home six years ago. I caught the market just right on the mountain home. The State re-built 421, and one of the most dangerous roads in the state became a leisurely four-lane. I paid $41k for the lot and two years the one next to me was going for $95k. Both homes are worth considerably more than I paid, even now.

bragger

not that there's anything wrong with that just don't toe tap around the issue

 

[Mike Mitrosky]

God that was painful to watch.

can you really be such a smuck as to buy this dumbed down crap?

Can you be such a schmuck to believe that both parties look out for the people instead of looking out for their own self-interests first?

 

[Obfuscate]

So, how long do we need to see 10+% unemployment to start agreeing Keynesian spending didn't work? Bush mailed us the first checks that started this Keynesian debt spending 2 years ago now and the real unemployment is 15-17% depending on who you read. If we have around 10% unemployment next year at this time will people start conceeding it didn't work?

 

[evince]

Im not sure the stock market does better under a particular party.It is a fact and you dont know it ? Yeah Bush definitely left things in a big mess for Obama, no doubt about that.. But Obama is continuing all the same policies.. He's doing the same bailouts,The bailouts could not be canceled by Obama you fool they were already in progress same overseas wars.. Nothing is changing. The people who advised Bush are the same people who advise Obama now.. and they are the real ones setting policy - not Obama.

I dont believe in Keynesianism, that the way to get yourself out of debt is with more debt.. Or the way to cure overspending is with more spending. It flies in the face of common sense.

It doesnt matter if you believe in them or not THEY HAVE BEEN PROVEN TO WORK HISTORICALLY.

You have bought a shell game to keep you hating the American system and to keep you powerless.

 

[Cancel 2016.2]

Yes, we are further and futher away from the brink of economic disaster and continueing to get even further.

so to you... when you ADD to the nations growing debt problem, that is getting 'further away'???

 

[Mike Mitrosky]

Mike is a new moron here. GDP is gov crafted. Thanks moron that was funny

Yeah.. okay genius.. Govt goes and spends a trillion dollars and now that just made the GDP go up a trillion dollars.. wheres the recovery in that?


Did you ever question WHY they got rid of Gross National Product (GNP) and replaced it with Gross Domestic Product (GDP) back in 1991?

They are 2 completely different things.

 

[DamnYankee]

bragger

not that there's anything wrong with that just don't toe tap around the issue

This issue here is that you're wrong and blew your memory by using drugs, doper. What a sad life you must have to do that to yourself.

 

[evince]

Can you be such a schmuck to believe that both parties look out for the people instead of looking out for their own self-interests first?

That idiot on that video is preparing you to HATE democracy you fool.

He and the people who spout this shit are convincing you to vote for peopel who can NEVER get elected.

He is getting your panties in a bunch so you will throw away your power as an American.

Jesus I wish people were not so fucking gullible

 

[DamnYankee]

Yeah.. okay genius.. Govt goes and spends a trillion dollars and now that just made the GDP go up a trillion dollars.. wheres the recovery in that?


Did you ever question WHY they got rid of Gross National Product (GNP) and replaced it with Gross Domestic Product (GDP) back in 1991?

They are 2 completely different things.

Careful Mike after you beat him up in debate he'll attack your family.

 

[Mike Mitrosky]

GDP includes what the government spends.

Of course it does. That is my point.

 

[DamnYankee]

That idiot on that video is preparing you to HATE democracy you fool.

He is getting your panties in a bunch so you will throw away your power as an American.

Jesus I wish people were not so fucking gullible

How ironic.

 

[Topspin]

I never said I was for the stimulus. Any tea bagger crying about debt that was deft dumb and blind to it under bush gets labeled a racist here.

 

[Mike Mitrosky]

It doesnt matter if you believe in them or not THEY HAVE BEEN PROVEN TO WORK HISTORICALLY.

You have bought a shell game to keep you hating the American system and to keep you powerless.

No, its not *I* who has bought any shell game my friend.

Im down with lawful money backed by gold or silver.
That is the original "balanced budget amendment" that all the politicians pretend to want.. But they get rid of the one thing which would ensure no crazy deficits.

Everything else is bullshit.

 

[Cancel 2016.2]

And here it is folks - the new spin.

The old talking point: the stimulus will destroy the economy & throw us into a Depression!

The new talking point: we would have recovered much sooner if it hadn't been for the stimulus! (along with: Obama just got lucky)

Actually, I think I will stick with the same one I used before....

I think the stimulus was necessary to stop the bleeding (so to speak). However, I think the manner in which the stimulus was put to use was weak (at best). There is NO logical reason why 65% of it should still be sitting on the side lines. I have no problem with using some of it for stop gap measures. But the remaining portion should have been spent on infrastructure projects and put to work immediately.

 

[Mike Mitrosky]

That idiot on that video is preparing you to HATE democracy you fool.

He and the people who spout this shit are convincing you to vote for peopel who can NEVER get elected.

He is getting your panties in a bunch so you will throw away your power as an American.

Jesus I wish people were not so fucking gullible

Americans are supposed to hate democracy. We're supposed to be a republic with a republican form of govt.

It does no good 2 vote for the lesser of 2 evils.. To vote for a guy because "he can win"..

thats horseshit..

Every week that goes by with Obama youll see it as well. He is nothing more than another 4 years of George W. Bush.

 

[Jarod]

so to you... when you ADD to the nations growing debt problem, that is getting 'further away'???

I dont belive we could have gottne any closer without going over.

I belive we are further from the brink of a Great Depression than we were a year ago,

 

[Topspin]

not another gold standard moron, Jesus asshat is going to have beard burns on his back like southernman.

 

[Cancel 2016.2]

Where is your proof of what you claim.

You see stimulus has historically worked and your attempts to rewrite history are not acceptable arguements.

Stimulus is neither good nor bad. Stimulus spending can be either detrimental or beneficial. It is HOW the stimulus is used that matters.