Let’s put more Americans back to work

HUGO STIGLITZ said:
The difference between a liberal and a conservative? The liberal thinks. The conservative repeats.
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How many times do you think you'll repeat this? The reality is when you say, "You are not worthy of a response."

It really means:

"I can't answer anything you say, even as the strongest apologist possible until I get marching orders from huffpost."
 
HUGO STIGLITZ said:
We said (or at least people with sense said) from the outset that the stimulus wasn't large enough to literally eliminate any job losses. Hell, an adequately sized 1.2 trillion dollar stimulus wouldn't have eliminated job losses.
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Again. Obama told us his plan would save or create a certain number of jobs. It created a net job loss. He told us it would make it so we never went above 8%, warned us that if it didn't pass we'd hit 10%...

His plan didn't work, because it sucked. Tax incentives for creating jobs, that's the way to get people to hire in a recession. You can't make enough government jobs to get even close to what the private companies will create with the correct incentive.
 
Damocles said:
How many times do you think you'll repeat this? The reality is when you say, "You are not worthy of a response."

It really means:

"I can't answer anything you say, even as the strongest apologist possible until I get marching orders from huffpost."
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It's mainly because it's just a bunch of feel-good rhetoric that's not designed to be responded to.
 
Damocles said:
Again. Obama told us his plan would save or create a certain number of jobs. It created a net job loss. He told us it would make it so we never went above 8%, warned us that if it didn't pass we'd hit 10%...
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I'm with you that Obama was overly optimistic there. I was with Krugman on this one. I do think it helped soften the recession, possibly preventing it from becoming something far worse. It's indicators were frighteningly similar to the great depression. The stimulus wasn't large enough, and it was feared that it wasn't large enough to prevent a huge catastrophe, but its seems to have done so.

Economics isn't a game of certainty, but I think the probability of there being a great depression like event was greater than the probability that the economy would peter out at 11% unemployment without stimulus. Or at least large enough that I'd support it regardless.

Damocles said:
His plan didn't work, because it sucked. Tax incentives for creating jobs, that's the way to get people to hire in a recession. You can't make enough government jobs to get even close to what the private companies will create with the correct incentive.
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Direct tax incentives for creating jobs would've been a grand thing to attach onto it, but we couldn't even think of anything like this because of the Maine Twin's deficit peacocking. Direct job creation is good as well though.

I think Obama is still pushing for the job creation tax credit. This is one area you could fault him for not having enough balls - he really did support it from the outset. If his electoral platform had been enacted into law, his approval would be at 70% right now. But he let congress do everything.
 
HUGO STIGLITZ said:
I'm with you that Obama was overly optimistic there. I was with Krugman on this one. I do think it helped soften the recession, possibly preventing it from becoming something far worse. It's indicators were frighteningly similar to the great depression. The stimulus wasn't large enough, and it was feared that it wasn't large enough to prevent a huge catastrophe, but its seems to have done so.

Economics isn't a game of certainty, but I think the probability of there being a great depression like event was greater than the probability that the economy would peter out at 11% unemployment without stimulus. Or at least large enough that I'd support it regardless.



Direct tax incentives for creating jobs would've been a grand thing to attach onto it, but we couldn't even think of anything like this because of the Maine Twin's deficit peacocking. Direct job creation is good as well though.

I think Obama is still pushing for the job creation tax credit. This is one area you could fault him for not having enough balls - he really did support it from the outset. If his electoral platform had been enacted into law, his approval would be at 70% right now. But he let congress do everything.
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Which solely shows his inadequacy in leadership. He doesn't appear to be getting much better either. The urge to make sure that Congress gets blamed for every plan is hurting him.

The reality is what I said would happen did. It seems that the "right" can think just a bit better than the person you elected to lead us. Your little bumper sticker soundbyte stinks as a truism.
 
Damocles said:
Which solely shows his inadequacy in leadership. He doesn't appear to be getting much better either. The urge to make sure that Congress gets blamed for every plan is hurting him.

The reality is what I said would happen did. It seems that the "right" can think just a bit better than the person you elected to lead us. Your little bumper sticker soundbyte stinks as a truism.
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Yes, Herbert Hoover John McCain would've offered us excellent leadership here. Leadership into disaster.
 
I did not run for President to turn away from these challenges.

I didn't run to kick these challenges down the road. I ran for President to confront them –- once and for all.
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Then by all means, I think you need to instruct Congress to press ahead with Health Care Reform! Confront the challenge, don't kick it down the road! This is the keystone Democrat platform issue, and you are going to lose seats in the mid-terms, we already know that is coming, so why not go ahead and push for your keystone issue now, rather than to put it off? It doesn't matter how many jobs you have if people are too sick to work, and this was obviously of the utmost importance, because it was the first thing your party chose to tackle... so I encourage you, tell Nancy and Harry to cancel the jobs bill stuff and go back to pushing for Health Care Reform!
 
Damocles said:
That would be an epic mistake...
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i think most agree, however, there are always going to be extreme partisan hacks that will stop at nothing just to pass "something"....obama doesn't care if this bill is worthless, he just wants to say he did something....

its quite ironic because while he running around calling for people to pass this, he is running around telling people are horrible medicare and medicaid and how they are harming the budge, economy etc....if he can't fix those two programs, why does he think adding this bill as is, is going to benefit this country? but the hacks don't care, anything at all cost, party over country.
 
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