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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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To: COBOL2Java
LoL....

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21 posted on 04/26/2010 12:46:23 PM PDT by b4its2late (Bawney Fwank's mother should have thrown him away and kept the stork.)
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To: woodbutcher1963
Let me preface my comments.I do not like Obama or his marxist policies. However, some parts did work.

Yes, in the same way that cutting off your legs "works" for weight loss.

22 posted on 04/26/2010 12:47:12 PM PDT by TChris ("Hello", the politician lied.)
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To: Tulsa Ramjet

The “Stimulus” bill was meant to destroy the economy, not help it.

Obama is all about crushing the hated middle class, capitalism, and free enterprise.


23 posted on 04/26/2010 12:51:31 PM PDT by FormerACLUmember ("Subtlety is not going to win this fight": NJ Governor Chris Christie)
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To: Tulsa Ramjet
So here is my question: Did any of the people who made this chart: (not the real data, just the predictions, including that ridiculous green prediction)

get fired? Resign? What has been done to the economics profession? Have they been defunded at universities? Have their majors had their accreditation removed?

Because I could have pulled numbers out of my rectal orifice and gotten more accurate predictions than professional, overpaid economists.

Why does this profession still exist?

24 posted on 04/26/2010 12:55:14 PM PDT by AmishDude
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To: woodbutcher1963
However, if you throw out enough cash something had to work.

Yep, anytime an entity spews 787 billion (the equivalent to WalMart's yearly revenues times TWO) all over a country, some money is bound to find its way into the right hands.

Problem is, there's nothing really lasting being done with it.

I was yakking with a guy on FR about this the other day. Comparing BO's stimulus to FDR. While I like neither of them, at least when FDR was finished, there was something to show for it - dams, bridges, the rural electrification project.

In 10 years, the legacy of BO's stimulus will be a bunch of 10 year old cars, and refrigerators that need replacing.

25 posted on 04/26/2010 12:56:03 PM PDT by wbill
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To: Tulsa Ramjet

File under, “Duh”.


26 posted on 04/26/2010 12:57:24 PM PDT by dfwgator
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To: Tulsa Ramjet
Economists: The stimulus didn't help

That's RACIST!

27 posted on 04/26/2010 1:04:39 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Tulsa Ramjet

Noshitcaptainsobvious?


28 posted on 04/26/2010 1:05:11 PM PDT by cake_crumb (President Reagan on ObieCare: http://www.youtube.com/watch?v=fRdLpem-AAs&feature=player_embedded#)
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To: NotSoModerate
"As Obama and Biden continue to say, the stimulus worked exactly the way it was designed to work."

Yep: everyone knows it's a democrat campaign slush fund.

29 posted on 04/26/2010 1:10:09 PM PDT by cake_crumb (President Reagan on ObieCare: http://www.youtube.com/watch?v=fRdLpem-AAs&feature=player_embedded#)
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To: Tulsa Ramjet

The stimulus stimulated Obama’s fat cat buddies duh!

I know of someone who works at a mortgage company of 300 people. 100 were laid off because the companies GREEN initiative goals were not met. BS off... this means this company is not in bed with Obama and he will take down all companies but a few LARGE ones.

The job losses will be massive but Obama does not care.


30 posted on 04/26/2010 1:11:05 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: knittnmom

Called it!

Why do the ones who make the inaccurate predictions get paid, when my accurate predictions earn me nothing?
(That was rhetorical)


31 posted on 04/26/2010 1:11:53 PM PDT by Ellendra (Can't starve us out, and you can't make us run. . . -Hank Jr.)
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To: woodbutcher1963
Cash for clunkers did sell a lot of cars.

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.

32 posted on 04/26/2010 1:15:48 PM PDT by 5thGenTexan
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To: woodbutcher1963

Eventually every dollar the government spends has to be backed by taking a dollar from someone who earned it through honest productivity. If the government spends $10 to finance $1 dollar’s worth of new productivity it is still a $9 dollar loss from the overall wealth of the nation. The real wealth is productivity not cash.


33 posted on 04/26/2010 1:16:19 PM PDT by TigersEye (0basma's father was a British subject. He can't be a "natural-born" citizen.)
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To: Tulsa Ramjet

It helped a few and shafted the rest of us.


34 posted on 04/26/2010 1:20:34 PM PDT by mulligan
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To: Tulsa Ramjet

Jeez, 800 Billion divided by 250 Million adults in the USA.....

$3,200 per person.
That woulda help pay some of my bills.
Now i got to use it to pay somebody elses bills.
nice.


35 posted on 04/26/2010 1:22:31 PM PDT by mowowie
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To: Tulsa Ramjet

What do you mean? It kept state governments from having to lay off people that they didn’t need!


36 posted on 04/26/2010 1:25:44 PM PDT by Blood of Tyrants (The US will not die with a whimper. It will die with thundering applause from the left.)
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To: Tulsa Ramjet; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


37 posted on 04/26/2010 1:27:34 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Favor Center
Remember when if we don't pass it yesterday the world will be DOOOOOMED!

What a frigging joke these people are.
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.

38 posted on 04/26/2010 1:29:29 PM PDT by mowowie
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To: 5thGenTexan
Looks like the results for the house credit may be showing up:

http://www.freerepublic.com/focus/f-news/2500898/posts

39 posted on 04/26/2010 1:36:03 PM PDT by 5thGenTexan
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To: mowowie

“Remember when if we don’t pass it yesterday the world will be DOOOOOMED!”

They keep saying that, but most of the population still believes them.


40 posted on 04/26/2010 1:36:13 PM PDT by Favor Center (Targets Up! Hold hard and favor center!)
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