Second stimulus?

i'm so tired of the turbo libs using the 'lagging indicator' craptastic excuse when it suits them.If unemployment were actually stable or even going UP by .01%, I could give you that, but it keeps getting higher. so, no. I'm clearly more an economist than you are.

but we'd be in zero danger of any more bubbles or inflation.


you're obviously choosing to be obtuse since damn near everyone here KNOWS i'm neither republican or a democrat. Truth be told, your two parties have been screwing this country over for decades.

It IS a lagging indicator. The economy will have typically turned around and been headed in the right direction for 6 months or so before unemployment numbers will start coming down.

That said, I do not think the economy has turned around and I do believe we are going to see it decrease again after the first quarter of next year.
 
Actually, about 200 billion is set to be spent in FY2010 (which we are currently in) because the output gap was expected to last well beyond 2010.

Getting the entire amount out as soon as possible is a recipe for a very bad double dip recession. It would have been a terribly stupid thing to do.

bullshit.... well, depending on how it was done that is bullshit. If the entire amount had been spent like the first batch that came out, then you are correct. If the remaining portion had been used to create ACTUAL jobs, then you are most certainly incorrect.
 
Free lunch? Where do I sign up? I'd like to say sorry to my kids and their generation, you get a lower standard of living than us, we're really selfish and don't want to experiance any pain and would like to mortgage your future to ensure we don't have to.
 
Or, you could just let other posters respond when I'm talking to them, and not you, instead of making an arse out of yourself.

Weren't you just saying the other day that I always "follow you around" and whining that I'm always implying you're a hack?

Mirror, meet Mr. Damo....
Wow, you finally get it!
 
and some of us said it wasn't going to work no matter how large it was, and it didn't.

Because it lacked incentives to small business while favoring those whose employee base were union or whose claim on our tax dollars were that they were too big to fail.

Then there were all the huge add ons for the multi-billion dollar budget...does anyone recall how Obama refused to purge the budget of pork after he spent nearly 8 billion in stimulus???
 
If he believes it is necessary to pass it, he'll drive down the market with doom predictions like he did in February. We'll know if this is coming down the pipe.
 
Because it lacked incentives to small business while favoring those whose employee base were union or whose claim on our tax dollars were that they were too big to fail.

Then there were all the huge add ons for the multi-billion dollar budget...does anyone recall how Obama refused to purge the budget of pork after he spent nearly 8 billion in stimulus???

Well, those of us who were paying attention, did.
 
If he believes it is necessary to pass it, he'll drive down the market with doom predictions like he did in February. We'll know if this is coming down the pipe.

exactly....he was all doom and gloom, causing the markets to go down, then something like a few days after he gets the stimulus, everything is peachy keen....yet the dems did not blame him for his doom and gloom and what it did to the economy....

the messiah can do no wrong
 
exactly....he was all doom and gloom, causing the markets to go down, then something like a few days after he gets the stimulus, everything is peachy keen....yet the dems did not blame him for his doom and gloom and what it did to the economy....

the messiah can do no wrong


Looks like you hooked one, Damo. Nice work.
 
LOL - Obama's "doom & gloom" is what brought the markets down.

Sure thing; they were doin' just find before that...
 
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