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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (576410)	7/15/2010 12:18:06 PM
From: TimF	Respond to of 1575585

Infrastructure? Did We Say Infrastructure? We Meant “Government Employee Pay Maintenance” July 5, 2010, 10:31 pm Remember when the stimulus bill was all about “infrastructure” and “green energy?” Way back in January of 2009 (sorry I am in I-told-you-so mode) I observed how less than 6% of the first two years spending appeared to be related to infrastructure. It turns out that this is exactly how it played out According to Recovery.gov, the government has now paid out $415 billion of the stimulus funds. Tax rebates account for $163 billion. Of the $252 of direct spending, the Department of Transportation has paid out $14 billion. That’s 5.5%. I kind of proud I came that close to the actual number. Note then that the stimulus was sold to Americans based on 5.5% of the program. No mention by Obama in selling it where the other 94.5% was going. It would have been interesting to see public reaction at the time if Obama had said “we want to spend $230 billion making sure government employees continue to get 8% pay raises, even through the recession. We are going to stimulate the economy by giving your money to a bunch of assistant principals who do little work but call themselves ‘educators’ so that they can pretend to be teachers when government budget cuts come along.” coyoteblog.com

To: i-node who wrote (576410)	7/15/2010 12:38:15 PM
From: Tenchusatsu	Respond to of 1575585

Inode, > Economists -- the same people who broadly "supported" the stimulus, now say it simply DID NOT HELP in getting us to this point. Alghieri thinks he found 50 economists who say otherwise: Message 26667541 Of course, if only Alghieri could do basic math, he wouldn't be hiding behind that USA Today article: Message 26667759 Tenchusatsu

To: i-node who wrote (576410)	7/16/2010 9:43:59 PM
From: Alighieri	1 Recommendation Respond to of 1575585

There is not one shred of evidence to suggest that where the economy is today was improved, in any way, from where it would have been. Which, of course, is the ultimate metric. Sure...when you see everything through your hatred filtered glasses you can argue that bush saved the economy and obama has done nothing to improve the mess that was left him. But the mess was left to him, and it was left by your side...and now the improvements are tangible on his watch...so you can squirm all you want...the results are the only thing that counts... I believe there are things that might have been done but the important point is that what he did DID NOT HELP. Period. Things....LOL...if one put all the republican "ideas" in a container it would be no larger than a thimble. Al