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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
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obama's stimulus works at creating jobs
On 20/02/2010 2:04 PM, nom=de=plume wrote:
wrote in message
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On 20/02/2010 11:23 AM, nom=de=plume wrote:
wrote in message
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On 19/02/2010 9:41 PM, bpuharic wrote:
http://www.nytimes.com/2010/02/17/bu...nhardt.html?hp
Just look at the outside evaluations of the stimulus. Perhaps the
best-known economic research firms are IHS Global Insight,
Macroeconomic Advisers and Moody’s Economy.com. They all estimate that
the bill has added 1.6 million to 1.8 million jobs so far and that its
ultimate impact will be roughly 2.5 million jobs. The Congressional
Budget Office, an independent agency, considers these estimates to be
conservative.
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this is after the recent USAtoday interview of 50 economists, where
the median estimate of job creation was about 1.5M jobs
seems everyone knows the stimulus is working
except the right wing
Even if it were say 2 million jobs, that is about $1 million per job on
a
$2 trillion debt-spending spree.
Like usually, not very cost effective no mater how you look at it.
But if they balanced the governemnts pending, and say eliminated 50% or
more of fedeal income tax, bet the jobs would be created coat to coast
was
the people would actually keep more of their own money and it will not
"disappear" or be skimmed by the government.
On a dollar cost basis, at best Obamanomics is a dismal monumentus
failure.
Fortunately for you, it doesn't matter, since you're not an American and
you
hate our country.
Unfortunately Caanda is in lock step with the US.... this bailout horse
**** is going to drag Canada right into it. We are already taxed up the
ass and can't afford the GM, Chrysler and bank screw over.
I think you should move to Russia.
Nope, I was thinking of somewhere south of Mexico....
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