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A fact: Stimulus created jobs
The Boston Globe ^ | February 21, 2010 | Editorial

Posted on 02/21/2010 5:09:33 AM PST by Oldeconomybuyer

THE NUMBERS are in, and there can no longer be any doubt that President Obama’s stimulus bill, passed just over a year ago, helped pull America from the brink of economic catastrophe, in part by creating millions of jobs that would not otherwise have existed. All of the major economic research firms that have studied the stimulus’ effect have come to this conclusion.

Still, though, it’s ridiculous to deny, as many have, that adding 2.5 million jobs was a poor use of government funds.

Stimulus opponents, often motivated by strictly ideological or political concerns, have repeatedly claimed that the bill didn’t create a single job that the economy wouldn’t have created anyway. This isn’t true, and it should be beyond the bounds of political debate to claim it.

(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy; Editorial; News/Current Events; Politics/Elections
KEYWORDS: creativejournalism; failure; obamanomics; porkulus; socialism
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Porkulus created or saved 6,324,988,023,091 jobs in Boston alone.
1 posted on 02/21/2010 5:09:34 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

UH HUH!


2 posted on 02/21/2010 5:11:02 AM PST by mapmaker77
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To: Oldeconomybuyer

Isn’t that the cost of the Big Dig, so far?


3 posted on 02/21/2010 5:12:37 AM PST by secret garden (Why procrastinate when you can perendinate?)
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To: Oldeconomybuyer

Apparently, they are saying not just that the stimulus “saved” jobs, but also that the stimulus “created” jobs. Where are they? Certainly not in my neck of the woods. Possibly in Washington, DC.


4 posted on 02/21/2010 5:13:24 AM PST by Brilliant
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To: Oldeconomybuyer
These guys probably still believe in global warming!

No wonder newspapers are dying.

5 posted on 02/21/2010 5:14:39 AM PST by fortheDeclaration ("Our constitution was made only for a moral and religious people".-John Adams)
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To: mapmaker77

The numbers are in and we at the Boston Globe believe the White House hook, line and sinker!


6 posted on 02/21/2010 5:15:25 AM PST by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: Oldeconomybuyer

Communist countries behind the iron curtain were famous for big lies like this, but nobody believed it.

Just this article saved 10,000,000 jobs.


7 posted on 02/21/2010 5:15:26 AM PST by Bon mots
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To: Oldeconomybuyer
All of the major economic research firms that have studied the stimulus’ effect have come to this conclusion.

Just like "all the major climate scientists" agree that globull warming is real.

8 posted on 02/21/2010 5:16:15 AM PST by The_Victor (If all I want is a warm feeling, I should just wet my pants.)
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To: Oldeconomybuyer

The Onion?


9 posted on 02/21/2010 5:16:45 AM PST by ClearCase_guy (We're all heading toward red revolution - we just disagree on which type of Red we want.)
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To: Oldeconomybuyer

Let’s pretend, just for shits and giggles, that this 2.5 million number is true.

Uh, my calculator broke. How much is that PER JOB?


10 posted on 02/21/2010 5:17:24 AM PST by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: mapmaker77
"Still, though, it’s ridiculous to deny, as many have, that adding 2.5 million jobs was a poor use of government funds."

Even if we assume that number is correct (which obviously it is not inasmuch as 4 million jobs have been lost since the stimulus was passed), I don't think it is worth mortgaging our children's future, our grandkids', their grandkids', and frankly, our own future, to create a measily 2.5 million jobs that would have been replaced by the capitalist system if the politicians had not intervened and commandeered those workers for the public sector.

11 posted on 02/21/2010 5:17:34 AM PST by Brilliant
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To: Bon mots

They can’t be honest — if there were, even those deeply infatutuated with our Joke-In-Chief would wake up.


12 posted on 02/21/2010 5:18:07 AM PST by elk
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To: Oldeconomybuyer

You don’t question the numbers provided by “The Chosen One”!!!


13 posted on 02/21/2010 5:18:49 AM PST by Erik Latranyi (Too many conservatives urge retreat when the war of politics doesn't go their way.)
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To: Oldeconomybuyer

It’s only the editor at the Boston Globe opinion, to which he is entitled. We know better though, don’t we?


14 posted on 02/21/2010 5:19:42 AM PST by Kaslin (Acronym for Obama: One Big Ass Mistake America)
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To: mapmaker77
Even accepting the premise that the 800 billion dollar stimulus created 2.5 million jobs, that still works out to $320,000 per job.
15 posted on 02/21/2010 5:20:12 AM PST by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: Oldeconomybuyer
"THE NUMBERS are in, and there can no longer be any doubt that President Obama’s stimulus bill, passed just over a year ago, helped pull America from the brink of economic catastrophe, in part by creating millions of jobs that would not otherwise have existed."

What is this person smoking?

16 posted on 02/21/2010 5:20:18 AM PST by blackbart.223 (I live in Northern Nevada. Reid doesn't represent me.)
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To: Daisyjane69

If we assume the $1.250 Trillion number ... about $500,000 per job. Anyone one on Free Republic get one of those jobs? Cause I sure missed out.


17 posted on 02/21/2010 5:20:54 AM PST by taxcontrol
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To: Brilliant
Senator Amy Klobuchar D-Mn

http://klobuchar.senate.gov/inthenews_detail.cfm?id=309042&

Klobuchar “Ninety percent of them will be in the private sector,”

^
Sure they will...
18 posted on 02/21/2010 5:21:11 AM PST by Son House (The Learning Curve for Democrats on Macroeconomics is getting Exponential)
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To: Bon mots
Just this article saved 10,000,000 jobs.

0bama's jobculator puts the number saved at 65,341,894,093.

19 posted on 02/21/2010 5:21:14 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Brilliant
Possibly in Washington, DC.

Nope. Not here.

There still are plenty of Steamfitters, Electricians, Plumbers, Carpenters and on and on that are still unemployed or underemployed with not that much work on the books ready to break.

Although construction has improved some what in this area, it is a false sign because it always improves a little going into spring.

20 posted on 02/21/2010 5:21:15 AM PST by bayliving (1 if by land, 2 if by sea and 3 if by our own government.)
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