Posted on 02/23/2014 11:37:10 AM PST by SeekAndFind
Here's an editorial in the New York Times about the beneficial effects of the $832 billion stimulus bill passed in 2009 that could have been written in the White House:
Of all the myths and falsehoods that Republicans have spread about President Obama, the most pernicious and long-lasting is that the $832 billion stimulus package did not work. Since 2009, Republican lawmakers have inextricably linked the words "failed" and "stimulus," and last week, five years after passage of the Recovery Act, they dusted off their old playbook again.
"The 'stimulus' has turned out to be a classic case of big promises and big spending with little results," wrote Speaker John Boehner. "Five years and hundreds of billions of dollars later, millions of families are still asking, 'where are the jobs?' "
The stimulus could have done more good had it been bigger and more carefully constructed. But put simply, it prevented a second recession that could have turned into a depression. It created or saved an average of 1.6 million jobs a year for four years. (There are the jobs, Mr. Boehner.) It raised the nation's economic output by 2 to 3 percent from 2009 to 2011. It prevented a significant increase in poverty -- without it, 5.3 million additional people would have become poor in 2010.
None of this is "provable" in the sense that there is broad agreement among all economists that any of this is true. They are publishing the opinions of pro-adminsitration economists.
(Excerpt) Read more at americanthinker.com ...
The so-called "stimulus" scuttled the economic recovery.
They don’t need writers in the MSM, the White House and DNC provide their articles for them.
What has been seen can not be forgotten.
exactly we have had “stimulus” every year since and nothing is improved.
Yeah, it worked all right.............
It took the DOW from the 8,000 range all the way up to 16,000 range with very little backing it and driven us to the brink of inflation. It's a wonder we haven't imploded yet.
At least to your credit you knew who Catharine was.
I thought it was Obamacare that saved the economy. I’m confused.
NY Times: The Stimulus worked!
Except for the millions of Americans that are no longer in the workforce. Except for the hundreds of thousands that lost full time jobs and had them replaced with part time jobs. Except for the thousands of small business that have closed.
If you think the NY Times cares about you, you need a clue.. They work for Obama and the DNC............
Is that why the nation is in such great shape? A national debt so high it cannot be repaid, more people out of work than ever before, a government that is so big it consumes most of taxes collected, a government that is slowly but surely destroying the middle class, a government the is so controlling and invasive it prevents the private sector from doing its job of creating new companies and new jobs. That does sound like whatever happened made things better. Where are you living? Which country?
Methinks $832 billion in tax cuts would have done a much better job. But, nope, the Marxist knew better how to spend that money.
It created or saved 1.6 million jobs. Just once I’d like to see a republican who knows how to argue. Simply ask “How many were created and how many were saved?”
Did the NY Times reprint GW Bush talking points for 8 years? Beware the media-political complex.
Thanks SeekAndFind.
isn’t this journalistic alleged “ plagiarism”
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