stimulus worked so well, we need another one

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.

Predictions are just that, guesses, who cares what someone predicts!
 
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.
 
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 :rolleyes:
 
appeal to authority

and they're never wrong, they are always right, all the time :rolleyes:


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.
 
Heh:

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.


Teh CBO is full of shit [/wingnuts]


http://blogs.abcnews.com/politicalp...1-million-jobs-in-fourth-quarter-of-2009.html
 
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.

LMAO... so the governments council states it... thus it must be true?

The measures thus far have been stop gaps... they have not been long term solutions. Yet you continue to base your idiocy on the 'calculations' of the governments council of economic advisers who essentially calculated their '2 million jobs saved' based on the amount of money spent. There was no jobs survey, no actual facts behind it.... just a calculation based on an assumption.

The REAL data shows how fast unemployment went up. The REAL data shows what truly matters. Predictions are just that.... predictions.... and our government has a crappy track record with their predictions.

Again... go back and look at recovery.gov....

http://www.recovery.gov/Pages/TextView.aspx?data=jobSummaryAgency&topnumber=200&qtr=2009Q4

That is a breakdown of their jobs.... they say on the site 600k jobs saved... 400k of which were in the Dept of Education.

Add in the union bailout on the private side and the other government jobs and what I said stands.

Now.... why don't you show us some PRIVATE sector jobs that were saved.
 
I posted that piece in response to your assertion that Obama was spouting bullshit without any substance. Well, there was the substance.

And when provided with the substance you just ignore it because it doesn't conform to your beliefs, just like you ignore everything coming out of the CBO (and from every single other economist in the world that has opined on the matter) regarding how accurate those projections really were in terms of impact on GDP and employment.
 
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.

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.
 
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.


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?
 
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 :)
 
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 :)


Care to answer the question, my friend?


Edit: I'm an independently wealthy self-hating shepherd.
 
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