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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?


To: calgal who wrote (57725)12/12/2009 1:35:45 AM
From: TimF  Read Replies (2) | Respond to of 59480
 
Dear Keynesians: Please Explain How We Get a >1 Multiplier from This
December 8, 2009, 2:56 pm

Via Valley Fever:

Republican senators submitted a report to Congress yesterday outlining billions of dollars of useless or stupid spending in the Obama stimulus plan.

What do we mean by useless or stupid? How about $100,000 for a puppet show in Minnesota or a $2 million replica railroad in Nevada….

The wasteful spending isn’t isolated to Minnesota and Nevada, some of it is right here in Arizona.

According to the report, Arizona State University and the University of Arizona were given nearly a million dollars to study the work habits of ants.

“I had no idea that so much expertise concerning ants resided in the major universities of my state,” McCain says. “I say that with an element of pride, but I’m not sure its deserving of these taxpayers’ dollars.”

Here are some I wish I had won grants for, at least in my youth:

Some of the other gems outlined in McCain’s catalog of stupid spending are a $400,000 grant awarded to the University of Buffalo for a study on kids who smoke weed and drink malt liquor, a dinner cruise boat in Chicago that got $1 million to fight terrorism, and a $219,000 grant to the National Institute of Health to determine whether college chicks are more likely to “hook up” after drinking.

In other words, the federal government spent $219,000 to study beer goggles.

coyoteblog.com



To: calgal who wrote (57725)12/14/2009 4:04:18 PM
From: Hope Praytochange  Respond to of 59480
 
Times/CBS News Poll: The Recession’s Profound Impact
By DALIA SUSSMAN
About half of Americans who are unemployed say the recession has been a hardship on them and caused major life changes, and most do not expect relief any time soon, according to a new nationwide poll of unemployed Americans conducted by The New York Times and CBS News.

The poll results, which will be released in their entirety Monday evening, underscore the profound impact that the recession and unemployment have had on families and individuals across the country. Forty-nine percent of unemployed respondents in the survey say they’ve experienced major life changes as a result of the economic recession, twice the number of all Americans who said so in another Times/CBS News poll conducted last week.

Another 44 percent of unemployed respondents in the poll say the recession has been difficult, but has not caused any major changes in their lives. Just 5 percent say the recession has not had much of an effect on them, compared with 26 percent of all Americans who said so.

Looking ahead, most unemployed Americans are not optimistic about the direction of the job market in their area. Most say they do not think it will improve in the next year – 36 percent expect it to stay the same, while 22 percent expect it to get even worse. About 4 in 10, 39 percent, say they think the job market in their area will improve.

As to whether or not the jobs that have been lost in their community will come back when the economy improves, unemployed respondents are split. Forty-six percent say the jobs will return, but 40 percent say the jobs will probably never come back to their community.

The length of time respondents have been out of work matters. Unemployed Americans who have been without a job for a longer period of time are more apt to say the recession has been a hardship and caused major life changes, and they are less likely to be optimistic about the job market in the next year or about jobs returning to their community.

The national telephone poll was conducted with 708 unemployed adults Dec. 5-10 and has a margin of sampling error of plus or minus four percentage points Complete poll results and a corresponding story will be available this evening.