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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
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Where do i go to get my money back?
1 posted on 04/26/2010 12:15:57 PM PDT by Tulsa Ramjet
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To: Tulsa Ramjet

Either SEIU or China.


2 posted on 04/26/2010 12:19:27 PM PDT by theDentist (fybo; qwerty ergo typo : i type, therefore i misspelll)
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To: Tulsa Ramjet

Well there is a shocker....

do I need a sarc tag?


3 posted on 04/26/2010 12:19:43 PM PDT by Kimmers (Be the kind of person when your feet hit the floor each morning the devil says, Oh crap, she's awake)
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To: Tulsa Ramjet

The Fall 2010 elections haven’t been held yet, and the bribes have not yet been fully distributed. In other words: it’s too early to know if the Stimulus has served its purpose yet.


4 posted on 04/26/2010 12:20:16 PM PDT by ClearCase_guy
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To: Tulsa Ramjet
...but a majority of respondents felt the fiscal stimulus had no impact...

No impact?
Just wait until those economy-stimulatin' tax increases kick in.
5 posted on 04/26/2010 12:20:22 PM PDT by ComputerGuy
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To: Kimmers
do I need a sarc tag?

You can borrow mine.


6 posted on 04/26/2010 12:21:57 PM PDT by Dahoser (Separation of church and state? No, we need separation of media and state.)
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To: Tulsa Ramjet

So tell us something we don’t know.


7 posted on 04/26/2010 12:22:12 PM PDT by Chi-townChief
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To: Tulsa Ramjet
Way too much money spent on services.
Way too little invested in infrastructure.
8 posted on 04/26/2010 12:22:24 PM PDT by Willie Green (Go Pat Go!!!!)
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To: Tulsa Ramjet

Check with ACORN...they got about 8 billion of it.


9 posted on 04/26/2010 12:23:19 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Tulsa Ramjet

As Obama and Biden continue to say, the stimulus worked exactly the way it was designed to work.


10 posted on 04/26/2010 12:24:13 PM PDT by NotSoModerate
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To: NotSoModerate
''Yes, save the boat by poking holes in the bottom to let the water out.''
11 posted on 04/26/2010 12:26:06 PM PDT by norraad ("What light!">Blues Brothers)
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To: Tulsa Ramjet
Economists: The stimulus didn't help

Yeah, but, the "wealth" was re-distributed.

Which of course, yet again, illustrates the fact that wealth redistribution does not stimulate or grow an economy.
12 posted on 04/26/2010 12:26:31 PM PDT by adorno
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To: Tulsa Ramjet
Hayek was right! Suppressed, but right!
13 posted on 04/26/2010 12:31:31 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Tulsa Ramjet

Of course it didn’t help. It wasn’t supposed to and there was no way it COULD help what they claimed it was for.


14 posted on 04/26/2010 12:32:00 PM PDT by Favor Center (Targets Up! Hold hard and favor center!)
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To: Tulsa Ramjet

Economists are like those Indian weather rocks that tell you it’s raining because the rock is wet.


15 posted on 04/26/2010 12:35:49 PM PDT by MNDude (The Republican Congress Economy--1995-2007)
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To: Tulsa Ramjet

Uh, it wasn’t designed to help to economy.

It was and is a slush fund, a war chest. It was crystal clear what it was going to be used for.

Much of it is still waiting to be dished out to his base this November. Or, maybe he’ll just save it for himself in 2012.


16 posted on 04/26/2010 12:37:16 PM PDT by ryan71 (Let's Roll!)
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To: Tulsa Ramjet

....waiting for the Captain Obvious cartoon...

I love those!!!


17 posted on 04/26/2010 12:37:19 PM PDT by Le Chien Rouge
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To: Tulsa Ramjet
Economists: The stimulus didn't help
Americans with half a brain: It was never meant to (read: Obamanazi's excuse for socialist-style tax hikes later).
18 posted on 04/26/2010 12:38:37 PM PDT by Jim 0216
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To: Le Chien Rouge
....waiting for the Captain Obvious cartoon...

Here ya go!


19 posted on 04/26/2010 12:43:10 PM PDT by COBOL2Java (Big government more or less guarantees rule by creeps and misfits.)
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To: NotSoModerate

Let me preface my comments.I do not like Obama or his marxist policies. However, some parts did work. Cash for clunkers did sell a lot of cars. Maybe not the way they intended but dealers cleaned up lots of inventory.
The new/existing home buyer tax credit sold houses. New home sales were UP 26 % from last year. The tax credit on energy star appliances is selling out in hours. The tax credit on wood & pellet stoves has increased business for those retailers. The nice thing about a tax credit is that you actually have to pay taxes to get the credit.
Most of the stimulus was wasted. However, if you throw out enough cash something had to work.


20 posted on 04/26/2010 12:45:38 PM PDT by woodbutcher1963
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