even simpler response: Obama is all talk...no substance.
You dont belive he is trying to back up that talk, but did not expect (nievly) to encounter the obstruction he is facing?
even simpler response: Obama is all talk...no substance.
even simpler response: Obama is all talk...no substance.
Are you really contending that the 1st stimulus had NO substance?
No, I was referring to Dungs post. That Obama's prediction was all talk... no substance.... to spell it out for you... he didn't have a fucking clue. He chirped some numbers that sounded good, but had no idea what he was talking about. There was no substance to his predictions.
No, I was referring to Dungs post. That Obama's prediction was all talk... no substance.... to spell it out for you... he didn't have a fucking clue. He chirped some numbers that sounded good, but had no idea what he was talking about. There was no substance to his predictions.
For those interested, here's all the talk and no substance:
http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
And, for the record, SF has yet to cite to any authority whatsoever for any of the criticism he raises. Not one economist anywhere agrees with SF whereas economists from across the political spectrum agree with the obvious: the stimulus bill improved the economy and had a positive impact on employment.
appeal to authority
and they're never wrong, they are always right, all the time![]()
appeal to authority
and they're never wrong, they are always right, all the time![]()
The Obama administration's $787 billion stimulus bill created up to 2.1 million jobs during the final three months of last year, according to a new report from the non-partisan Congressional Budget Office.
During the fourth quarter of 2009, the stimulus added “between 1.0 million and 2.1 million to the number of workers employed in the United States,” the CBO said.
The stimulus also boosted the country’s economic growth by 1.5 to 3.5 percent during the time period and lowered the nation’s unemployment rate by between 0.5 and 1.1 percentage points.
In the report, the CBO noted that economic growth in 2009 was worse than they had predicted at the time that the stimulus was enacted, but that was due to a weaker economy than originally expected, rather than any failings of the stimulus.
“Economic output and employment in 2009 were lower than CBO had projected at the time of enactment,” the CBO stated. “But in CBO’s judgment, that outcome reflects greater-than-projected weakness in the underlying economy rather than lower-than-expected effects” of the stimulus package.
The CBO also said that in the fourth quarter the stimulus package increased the number of full-time jobs by between 1.4 and 3 million compared to the number of jobs that would have existed without the package.
The effects of the stimulus bill are expected to increase as the year goes on, before falling off in 2011 and fading away by the end of 2012, the CBO noted. The non-partisan research office uses economic models to analyze the stimulus and estimate the program’s impact.
For those interested, here's all the talk and no substance:
http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
And, for the record, SF has yet to cite to any authority whatsoever for any of the criticism he raises. Not one economist anywhere agrees with SF whereas economists from across the political spectrum agree with the obvious: the stimulus bill improved the economy and had a positive impact on employment.
Heh:
Teh CBO is full of shit [/wingnuts]
http://blogs.abcnews.com/politicalp...1-million-jobs-in-fourth-quarter-of-2009.html
that report is full of hocus pocus
So, counselor, in your law practice do you cite to authority for propositions you assert? If so, for what purpose? Do courts of law generally accept an unsupported assertion over an assertion with significant supporting authority?
Jackass.
I don't suppose you'd care to elaborate on that?
your obsession with my profession is weird. you're too cowardly to say what you do, yet you have no problem babbling about mine.
you also have no fucking clue the difference between legal authority and expert witness testimony. your economic advisers are merely expert witnesses, it would be up the trier of fact to determine their validity. your ignorance is amusing and you sad attempt to analogize the two almost makes feel pity for you. no wonder you're too much of a coward to tell us what you do, but you're all big and tough hiding anonymously behind your monitor knocking other people's work.
Someone came in late to the conversation.
You tend to respond in knee-jerk fashion. It's not the smartest move...
LOL
It's always easy to tell when something gets under your skin.
Tell me, in your experience what would happen if you had a trial and one side put up a bunch of expert witnesses from a variety of backgrounds and the other side put up not a single expert?
what do you do for a living and don't give us the tired routine that you're a musician....
i'm still laughing you thought legal authority and your economic opinions are the same thing![]()