Posted on 04/26/2010 12:15:57 PM PDT by Tulsa Ramjet
In latest quarterly survey by the National Association for Business Economics, the index that measures employment showed job growth for the first time in two years -- but a majority of respondents felt the fiscal stimulus had no impact.
(Excerpt) Read more at money.cnn.com ...
To swell the payrolls of government bureaucrats, who have budgets they'd like to keep whole.
To vet graduates coming through university economics departments, to make sure their parents paid their requisite tribute to such universities, so those universities could keep teaching "economists" gainfully employed.
To keep non-university-trained skulls-full-of-mush from becoming imporant economists.
To "authoritatively" and fashionably ridicule what they learned at the universities about the foibles of capitalism.
HF
No fraking surprise at all. Democrats have no clue how to stimulate an economy. Mostly because their definition of “economy” is how much money the government brings in.
Keep saying Vegas, blackjack table, double down on breaking hands would be a better rate of return.
Some parts are edible.
And from what a read, the biggest majority of cars sold under the program were foreign models. Whoo-hooo!!!!!
That's the correct conclusion. It also sold them with "rich people's" money (actually our children's and grandchildren's money, but that doesn't matter if their hearts are in the right place), and it sold them with lower manufacturer incentives because the government artificially supported the sales prices. In other words, it shifted my money and yours to GM and Chrysler and the UAW, and to a larger extent to Toyota/Honda.
I think the stimulus did have an effect. You’re looking at it. The current feeble hint of a recovery is due to the stimulus and the huge government deficit spending. The problem is, it’s unsustainable. That’s what the government controlled media don’t want you to know (jmo).
Wow - we needed experts to tell us this?
No $hit frick’in geniuses.
The stimulus certainly was a failure. Even if jobs were produced, in most cases it was at a cost of over 100 thousand dollars per job! Of course the Administration was only worried about funneling billions to teacher’s unions and groups like Acorn.
I think deficit spending is somewhat necessary during these tough times, the tough part is that our debt was so high coming into this fiasco. Nevertheless, we could have knocked out two birds with one stone if we concentrated this stimulus spending on infrastructure spending.
Even Obama’s economic advisor suggested a second stimulus bill should be geared towards infrastructure, maybe that would have been a better idea for the first?
Now there’s a shock.
The problem is that it was spent by government.
I suggest that the “stimulus” did “help”...it helped nobama and his minions forward in their goal of redistributing wealth to their dependencies.
What do they mean “the stimulus didn’t help” ....of course it did !....it helped Soros and the G8 types ! it just didnt help the taxpayer
The stimulus is our tax dollars, printed extra times.
“Well maybe they are not the joke, the joke is the millions of clueless sheep who don’t follow and don’t care about this destruction, The so-called “enablers” of this national catastrophe.”
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Wash your face with cold water, your eyes are almost open now, you are starting to see.
Is there a website in this super-transparent government that has a breakdown on how much as been spent and for what? I don’t think much was spent (for its purpose), and what it was spent on was likely worthless
Many extra times.....
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