A Second Stimulus?

The Provocateur ^ | 07/02/2009 | Mike Volpe

[fiscon1]

Paul Krugman used the occasion of the latest jobs numbers to continue peddling his idea that one stimulus isn't enough.

Nobel-Prize winning economist Paul Krugman said the nation is on course for a "prolonged jobless" economic recovery unless the Obama administration steps in with a second round of government stimulus money.

[Need4Truth]

The fact of the matter is that the unemployment rate is much worse than the administration contemplated or that most people expected," Krugman told ABC News.

But some people did expect it, so how about we get the views of those who got it right and see what they think about more government stimulus rather than go back to the BO administration and those who got it wrong?

[proudpapa]

Heck. Why not? The first one worked so well...{sarc.}

[OB1kNOb]

Who knew freefalling off a cliff could be so much fun? We only have to worry about the landing and how hard can that be?................./s

[veracious]

Minute men prepare to assemble.

[MNDude]

Rush Limbaugh often says he knows exactly what he’s doing and is trying to destroy our country. On that one point I disagree.

I think Obama and liberals are actually dumb to think the stimulus will make things better, and will keep trying it again and again to make the economy better.

[TexGuy]

“Quick, Bring me another bucket of money to fill up this dam* rat-hole!”

[throwback]

Is economics considered a science? I think we just did an experiment where event B (more employment) did not follow action A (dropping cash from helicopter). So what changes in the experiment to make some other outcome more likely? Krugman won a Nobel? Was it for Bass fishing?

[Costumed Vigilante]

Un-be-friggin-lievable.

[krogers58]

The democrats are in deep trouble...the stimulus that they designed, never really was going to jump start the economy, its primary purpose was to line the pockets of the special interests. They believed, erroneously, that the economy would come back in time for the 2010 elections, and they would be sitting pretty going into 2010. They did think they could also do a second stimulus, before the chinese went beserk about such large deficits, and before the dems demagogued the issue to death. They have cut their own throats, in that a second stimulus is political suicide, at this point. In addition, their cap and trade, healthcare destruction, and their foolish pre-emption in the automakers bankruptcies has soured the private sector in coming to the economie’s rescue. The dems now own this mess, no matter how much they try to blame bush, the country will be worse off in 2010 than when the dems got complete control in 2008. The one thing the american idol voters will throw out the dems for, is the economy. The economy really could’ve used a good stimulus program along with a pro-business environment, in which case, they may have retained congress in the 2010 election, but its too late. The permanent damage to the economy has been done by their pie in the sky porkulus/cap and trade/healthcare reforms, such that they have dug their own graves, politically speaking.