I thought I might put some color emphasis on the actual end target date, which is still more than 14 months away. You do understand that we are not yet in 2010, right?
Eh, I wouldn't say that...
The stimulus isn't even spent yet.
That said, I agree with jman3000 that backloading the stimulus wasn't too smart.
Instead of having a trickle-down stimulus (H/T, Wild Cobra), it would have been better to have a small-business/unemployment/direct stimulus.
In fairness, Obama seems to be coming to this wisdom somewhat belatedly.
We are the golden goose. Main Street, not Wall Street.
Otoh:
when your house is on fire, you save what you love the most.
Arithmetic and alcoholism don't mix.
I'm beginning to think that Darrin is the ballon dad, isn't anyone else?
I didn't catch any of that. Got any memorable captures, Dan?
Do you think you should be taken seriously when you don't even know what year it is?
Too funny.
Ok, let's make this simple for the folksies.
Here's what OBAMA told us, in his report on the "JOB IMPACT" of this joke of a "stimulus" bill.
"but, but...the stimulus money hasn't all been spent yet."First, the likely scale of employment loss is extremely large. The U.S. economy has already lost nearly 2.6 million jobs since the business cycle peak in December 2007. In the absence of stimulus, the economy could lose another 3 to 4 million more. Thus, we are working to counter a potential total job loss of at least 5 million.
As Figure 1 shows, even with the large prototypical package, the unemployment rate is predicted to be approximately 7.0%, which is well below the
approximately 8.8% that would result in the absence of a plan.
The "stimulus" was projected to INCREASE jobs...RIGHT NOW. According to OBAMA's own Projections and figures you idiots.
They created the damn bill, they created the jobs projections...and they knew when the money was going to be spent, because they wrote the damn thing!
They predicted we'd have job growth right now, spending on their own schedule...not Darrin.
"but, but...your a pea brain for showing these figures. The stimulus hasn't all been spent yet."
...and so it goes.
They knew exaclty when each state legislature would pass their own bills to spend the money given to them and precisely when those states would release the funds?
You'll have to show me a link to that.
We had to vote on the stimulus. No one had time to read the actual bill. Now almost a year later, unemployment past 9%, and Obama missed his mark by 6 million. Come on back then, when he first said how many jobs they were going to create from this stimulus, everyone said it was too high. It wasn't based on any facts. I wasn't at this site, but can only imagine all the cheerleaders argueing how it will create jobs, keep jobs and get america away from bush's bad decisions.
"I don't want to go negative on Franklin Delano Roosevelt, but he didn't pass an economic deal in the first 100 days. We have passed the largest Recovery Act in the history of the country. "
Rahm Emanuel
Recovery Act huh.
WHat exactly are you saying he did not say? The guy said there wasn't even enough time to read the bill, of course it was for the present time, and not down the road.
Just to be picky...
That's not accurate. He's always said create or save. That includes jobs that would have been lost without it, really an unquantifiable number. He never said he would provide a net job increase.
That said, I agree the stimulus hurt a lot more than it helped. We should have been a lot further into recovery by now, but TARP and stimulus and bailouts have messed everything up.
It was never claimed that the stimulus would create jobs instantly.
It was claimed that it would begin saving jobs instantly, however.
That claim is unmeasurable, but whatever.
Absolutely. You can claim that jobs were "saved", but you can NEVER back this up with any objective evidence.
Saying jobs are "created" is also misleading. I'm sure a lot of administrative positions were "created" to handle the increases in people applying for unemployment, but these aren't NET jobs created, just "new" jobs.
They only time I ever pray is to the porcelain throne.
Yet, your OP purports to do so.
And yet, there's no "jobs saved" column.
I don't suppose that would have anything to do with who made the chart, would it?
I'm not convinced it hasn't. The Texas budget was a hot mess before Perry took the stimulus package.
http://www.slickrickperry.com/fiscal_irresponsibility
Who can really say what the stimulus has done for the private sector yet? We can assuredly say many in the public sector would have found themselves on the wrong end of the shears if budget shortfalls had remained in place.
Well that's the whitehouse offical line, thank you so much for repeating it for us to hear for the umptenth time, some how it doesn't ring any truer now, than it did when, that bit of fear mongering was being shoved down our throats back then.
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