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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?
To: Tulsa Ramjet
2
posted on
04/26/2010 12:19:27 PM PDT
by
theDentist
(fybo; qwerty ergo typo : i type, therefore i misspelll)
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)
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.
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.
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.)
To: Tulsa Ramjet
So tell us something we don’t know.
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!!!!)
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)
To: Tulsa Ramjet
As Obama and Biden continue to say, the stimulus worked exactly the way it was designed to work.
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)
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
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!)
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!)
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)
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!)
To: Tulsa Ramjet
....waiting for the Captain Obvious cartoon...
I love those!!!
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 W N
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.)
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.
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