Published: Tuesday, Feb. 18 2014 12:40 p.m. MST
So the stock market is soaring and companies are raking in massive profits...
but those same companies refuse to hire domestically... this is the hazards of
stimulating a "free market" where companies that benefit have no
obligation to return the favor to broader society.
Baron,the porkulus was about shovel-ready jobs in the US. Your comment
about the stock market and off-shoring jobs is irrelevant when the porkulus was
supposed to be about shovel ready jobs.of course, even BO admitted
later the jobs weren't so shovel-ready, yuck yuck, hah hah.
@high school fan "Has anything that Obama has done accomplished anything
positive?" Where have you been the last 6 years? Absent Obama we could
have had a 2nd Great Depression and a fascist revolt. Obama gets a lot of
credit from me, and anyone who has been paying attention.
Darmando,You got your intersection almost a year ahead of schedule...
that's what makes it seem like a success. It's a fact...
Some jobs WERE created (temp jobs, but they were jobs). But Obama's own
economists did the math and figured out that it cost the government $278,000 per
Job (Dollars spent/jobs created).Somebody in Congress pointed out
that the government could simply have cut a $100,000 check to everyone whose
employment was allegedly made possible by the “stimulus,” and
taxpayers would have come out $427 billion ahead.So we could have
given everybody $100,000 to just stay home and watch TV... and been $427 billion
ahead! But you wouldn't have gotten your intersection. So I
guess it was worth the $427 billion extra we spent.$278,000 per
Job... that's a lot for a construction worker, or a guy holding a slow/stop
@KenI didn't say unemployment started falling, I said the number of
jobs lost in February was fewer than January (sorry for being unclear). We lost
700k in January but only lost around 600k in February and that continued to
decrease until by early 2010 we were gaining jobs instead. Realistically
that's about as fast as one could expect a turnaround to occur, you'd
have to make an incredibly massive forcing to go much faster than that (like
entering WWII in 1941).
@2 bits"$278,000 per Job... that's a lot for a construction
worker"Half the stimulus was tax cuts. And besides, this
isn't 278k per job per year. A lot of these jobs are several to many year
marxist,Where is the support for your assertion he prevented another
depression? you have none because none exists.your comment is
incorrect as evidenced by the fact less than 5% of the porkulus had been spent
when the economy started to recover. BO did NOTHING to prevent a second great
depression; he has only weakened the current recovry.No, let me
correct myself, your comment about a fascist revolt could easily be interpreted
to refer to how BO has been sidestepping congress and acting like a dictator.
So there is some validity to your comment - about the fascism, not the
To "atl134" how about we measure the success of the stimulus by the
labor participation rate, that is a measure of the percnet of people actually
working in the US. According to the BLS we have the lowest participation rate
since 1979. If the stimulus worked, why is it that the labor participation rate
is so low?If you look at the U6 unemployment numbers, things look
worse because that is still above 12%. It looks worse for Obama if you look at
the graphs of the U6 unemployement during his term in office.
@Anti GovernmentUnfortunately now our 2 parties are the progressives and
the democrats. The republicans are now just the old democrats and the old
democrats are full blown socialists.[LOL, ROTFL]========
@high school fan "Has anything that Obama has done accomplished
anything positive?" [Osama Bin Laden. Another hater all-things
Obama. He if he curedcancer, feed the planet, and ushered in the Millineum --
you would still find nothing positive.]============ lost
in DCWest Jordan, UTI am not a lemming or a card carrying
political hack.I criticize Obama all the time.Both sides.because I am honest and have integrity. Prof. Richard Davis is
singling out those who are critical of the opposing no matter what -- yet
willfully are blind of their side.Regardless of what is Right or
Wrong.I agree with Prof. Davis -- They lack honesty AND
integrity.BTW -- Obama failed me many times because;I wanted s
Single-Payer Option in the ACA, tax increases on those making over $1
million / year, and we do not have MORE eco-friendly Green,
Renewable Energy programs like he promised.Now -- Do I hear
ONE Republican admitting the GWBush/Cheney wars were wrong? one?
"Until those very simple questions are answered, we can only assume that
someone is hiding the information [about the ARRA]. Hiding information is just
another way of saying that the program failed.""The 2009
stimulus was supposed to go to shovel ready infrastructure jobs. Where did the
money go? Who knows? Obama didn't give an account. . ."It
always cracks me up, these people that think there is some huge conspiracy
because THEY are uninformed. What? Did President Obama not call you and tell you
where the money went? Did you not get a personal email about it from anybody?You know, it's rather amazing the amount of research you can do
just using the internet. There is a helpful site at Recovery dot gov. It will
tell you exactly where the money has gone. (Of course you have to look around
the site a bit. You have to do a little bit of work yourself. But the site is
user friendly. You can do it.) Nobody is hiding anything.
Open Minded Mormon,Are you still stuck in Bush beating mode? He's
long gone! If you want someone to say the GWBush/Cheney wars were
wrong... I'll say it. They were wrong. But President Obama
doesn't agree. He said the actions we took in Afghanistan were needed.
And he has continued the war in Afghanistan and actually escalated it. Obama
thinks Iraq was a mistake, but that depends on your perspective (IMO).Remember Congress had access to the same intelligence reports Bush had, and
approved the wars. Both of them. Democrats included. So you can't just
blame Bush or Cheney exclusively (although I know it's a fun sport).But I'm one Bush Supporter who can admit that he made mistakes
(from the Monday quarterback perspective).But I don't think
that blaming is the most important thing in all things. Finding solutions
is.Regardless of whether the 2009 stimulus bill was a
"failure" or not... should we do it again?Probably not. So
that's what's important. That we learn lessons.A nation
can't borrow it's way to prosperity. Someday the debt has to be
@Open mind,Two can easily play that game.You are honest
and full of integrity because you "criticize" Obama for not being as
liberal as you wish?Ok, here goes:I too am very
honestAnd I am full of integrity because I don't look at party
affiliation when I criticize someoneI will criticize both parties
and I often do.What do I criticize bush for?Lots of
things:I wish Bush had cut entitlement programs.He
should have cut them in half.Bush should have reduced the tax rate
and given taxpayer money back to taxpayersBush should have invested
more in the development and extraction of natural resources like coal and
oil.Bush should have increased our military spending to better
protect our country.I am a very honest person and can criticize BOTH
parties.More people really need to learn from my example.
alt,And if unemployment had decreased right after in a pattern but
job losses had increased, would you have cheery picked the unemployment and left
out the job loss information to support your theory? Try to be honest here.
Don't you think that criticism of our president has gone far beyond the
point of ridiculous! There are a lot of good things our president has done and
considering where Bush left us, we have come a long way. I worked directly with
stimulus funds and seen the wok that it generated for local companies here in
Utah and you better believe that it helped them a lot, considering Face it,
Obama has done much better than people thought, but don't expect any
republican to admit that! You know, republicans say whatever they want and
expect people to believe it! People support the president much more than
republicans say and compare it to the support republicans give each other, I
don;t think you have anything to talk about. I can't think of anything that
republicans have done and they have the nerve to judge Obama! Give me a break!
To "RFLASH" what has Obama done that is good? Everything he has touched
has turned out poorly. The ACA's cost has trippled, and is killing jobs.
His jobs programs have yet to actually produce jobs. He has killed domestic oil
production on Federal lands. He wants to raise minimum wage, which will kill
more jobs. He made the worst parts of the Patriot Act permanent. Obama's
administration has been implicated in the IRS scandal.Now, before
you think I support Bush, tell me what Obama has done that is different than
Bush?What great accomplishment has Obama done that Bush hadn't
already done? If you say Osama, remember Bush go Saddam, so they both got a
RedShirtUSS Enterprise, UTTo "RFLASH" what has Obama done
that is good? Everything he has touched has turned out poorly. Now,
before you think I support Bush, tell me what Obama has done that is different
than Bush?-------- Bush: 1 million troops, 12 years, $3
Trillion -- nothing.Obama: 12 Navy Seals, 12 minutes, $3 million (because
of the helicopter, and even at that 1/1,000,000th the cost of Bush) -- and Osama
Bin Laden is dead.OK Bush supporter, your move.
To "Open Minded Mormon" really??You realize that those
troops freed 2 countries and got rid of tyrants in those countries.Yes Obama got Bin laden, but Al Qaeda is still alive. He might as well be
bragging about killing Abdul the terrorist. Killing Bin Laden did nothing to
stop terrorism. Killing him probably hurt the US more because his secrets went
with him.Plus, you forget that Bush got Saddam.So, so
far all you have proven is that you hate Bush, and love Obama. Is that really
an accomplishment for Obama?What has Obama done that is different
than Bush? You still have to answer that question.
Resshirt - job well done. Do you also realize you're arguing with Pagan.
He changed screen names a while ago but its been quite obvious. Everything will always be bush's fault and the only time he'll
criticize anyone is for not being a liberal extremist as he thinks they should
be.Barack has promised a lot with the economy and failed on every
Redshirt, and all you have proven is that you hate Obama. What's your
point? Also, the question isn't who can criticize who, the
question is Redshirt and Chris, can you find anything positive to say about the
current president? See, the thing is, if you can't, you are just pure
partisans. Nothing more. You will never look realistically at an issue, and as
such your opinions are easily dismissable by those who are thoughtful. For instance, look at both your lists of criticisms. All of your points are
very debatable, many of your points our outright misrepresentations. Both of you make broad generalizations that are just plain silly:"Everything he has touched has turned out poorly."And"Barack has promised a lot with the economy and failed on every
one."These types of comments can't even come close to be
taken serious by anyone that is even somewhat knowledgable about the real world.
But go ahead and keep patting each other on the back.
To "mark" how about this. Obama is the best liar that I have ever seen
in office, and has the best control over the media out of any president in
history. As the Onion pointed out in 2008, Obama could go on a killing spree
and the media would ignore it. He could probably stand there, covered in blood
and tell you with a straight face that he had nothing to do with it, and many
would believe him.If Obama's promises on the economy have not
failed, name one. He promised that unemployment would go down. However, when
you look at the actual numbers, unemployment is still high because people are
just quitting the labor force. He keeps promising that jobs are his highest
priority, yet does nothing. When he took office, gas was less than $2/gallon,
but through most of his presidency it has remained closer to $3/gallon.Tell us, what has Obama actually done that hasn't backfired?
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