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


To: SilentZ who wrote (576745)7/18/2010 12:58:52 PM
From: Tenchusatsu1 Recommendation  Read Replies (3) | Respond to of 1575596
 
Z, > I have absolutely no problem with that as long as the projects help the country and its people.

I already know that you're fine with safety net "make work" programs.

But it's wrong to call it "stimulus." Stimulus is meant to be temporary. If you remove it and the economy falters, then it didn't do much stimulating, did it?

For example, you don't leave the cables connected after jump-starting a car, do you?

Tenchusatsu



To: SilentZ who wrote (576745)8/2/2010 10:03:32 PM
From: TimF  Respond to of 1575596
 
That unemployment link combines two different series of data in to one estimates of unemployment, combined with the new stat for unemployment (arguably even more than two, since methods of calculating unemployment have changed over the years) weakening it as real evidence of anything.

Also its still at 15% or higher until around 1940 not 1937, and doesn't drop below 10 percent until most of those new jobs where in, or in support of, the rapidly expanding military (the expansion started before we got involved in the war).