Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Economists: The stimulus didn't help
CNNMoney.com ^ | April 26, 2010: 3:56 AM ET | Hibah Yousuf

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 ...


TOPICS: Breaking News; Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: business; captainobvious; economy; obama; obamanomics; porculus; porkulus; socialism
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-74 next last
To: Tulsa Ramjet
the fiscal stimulus had no impact.

ya think
41 posted on 04/26/2010 1:38:59 PM PDT by mstar
[ Post Reply | Private Reply | To 1 | View Replies]

To: AmishDude
Why does this profession [economists] still exist?

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

42 posted on 04/26/2010 2:10:05 PM PDT by holden
[ Post Reply | Private Reply | To 24 | View Replies]

To: Tulsa Ramjet

http://www.youtube.com/watch?v=1ytCEuuW2_A


43 posted on 04/26/2010 2:13:51 PM PDT by CommieCutter (..If you think about it they are all sucker rallies...the pros know when to get out...-- Hojczyk)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tulsa Ramjet

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.


44 posted on 04/26/2010 2:14:49 PM PDT by Domandred (Fdisk, format, and reinstall the entire .gov system.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: woodbutcher1963

Some parts are edible.


45 posted on 04/26/2010 2:24:22 PM PDT by Jim Robinson (JUST VOTE THEM OUT! teapartyexpress.org)
[ Post Reply | Private Reply | To 20 | View Replies]

To: woodbutcher1963
"Cash for clunkers did sell a lot of cars."

And from what a read, the biggest majority of cars sold under the program were foreign models. Whoo-hooo!!!!!

46 posted on 04/26/2010 2:24:32 PM PDT by Proud_USA_Republican ("The problem with socialism is that you eventually run out of other people's money.")
[ Post Reply | Private Reply | To 20 | View Replies]

To: 5thGenTexan
It's not far enough along in the buying cycle to have the true results of the house credit, but cash for clunkers didn't sell any more cars, it sold them sooner.

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.

47 posted on 04/26/2010 2:27:42 PM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
[ Post Reply | Private Reply | To 32 | View Replies]

To: Tulsa Ramjet

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).


48 posted on 04/26/2010 2:31:14 PM PDT by Need4Truth (the just shall live by faith.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tulsa Ramjet

Wow - we needed experts to tell us this?


49 posted on 04/26/2010 2:39:53 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tulsa Ramjet

No $hit frick’in geniuses.


50 posted on 04/26/2010 2:40:33 PM PDT by mad_as_he$$
[ Post Reply | Private Reply | To 1 | View Replies]

To: woodbutcher1963
You are joking right? CforC was an unmitigated disaster.
51 posted on 04/26/2010 2:41:55 PM PDT by mad_as_he$$
[ Post Reply | Private Reply | To 20 | View Replies]

To: Tulsa Ramjet

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?


52 posted on 04/26/2010 2:50:12 PM PDT by ATX 1985 (Time is Breath, Breath is Light, Light is Life)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tulsa Ramjet

Now there’s a shock.


53 posted on 04/26/2010 2:52:24 PM PDT by ohioWfan (Proud Mom of a Bronze Star recipient!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Willie Green

The problem is that it was spent by government.


54 posted on 04/26/2010 3:05:22 PM PDT by GeronL (http://libertyfic.proboards.com << Get your science fiction and fiction test marketed)
[ Post Reply | Private Reply | To 8 | View Replies]

To: GeronL

I suggest that the “stimulus” did “help”...it helped nobama and his minions forward in their goal of redistributing wealth to their dependencies.


55 posted on 04/26/2010 3:15:11 PM PDT by hal ogen ($10 (I think) ajmo0unts through the internet from all over the world.)
[ Post Reply | Private Reply | To 54 | View Replies]

To: Tulsa Ramjet

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


56 posted on 04/26/2010 4:47:58 PM PDT by KTM rider ( ..........tell me this really isn't happening ! !)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mad_as_he$$

The stimulus is our tax dollars, printed extra times.


57 posted on 04/26/2010 4:52:01 PM PDT by Boardwalk
[ Post Reply | Private Reply | To 50 | View Replies]

To: mowowie

“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.”
/////////////////////////////////////////////////////////////

Wash your face with cold water, your eyes are almost open now, you are starting to see.


58 posted on 04/26/2010 5:15:05 PM PDT by RipSawyer (Trying to reason with a leftist is like trying to catch sunshine in a fish net at midnight.)
[ Post Reply | Private Reply | To 38 | View Replies]

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


59 posted on 04/26/2010 5:17:11 PM PDT by dsrtsage (One half of all people have below average IQ...In the US the number is 54%)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Boardwalk

Many extra times.....


60 posted on 04/26/2010 5:24:50 PM PDT by mad_as_he$$
[ Post Reply | Private Reply | To 57 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-74 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson