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

To: i-node who wrote (613327)	5/27/2011 2:58:30 PM
From: combjelly	Read Replies (1) \| Respond to of 1577029

"And you blindly assume that spending taxpayer and printed money will, somehow, HELP that situation." I don't blindly assume that. I go by the word of people who have actual knowledge of the way these things work. I don't get my opinions off of winger blogs authored by people who have never even taken an course in economics. "In spite of the fact that there is no evidence that even remotely suggests it." There is plenty of evidence. But, because it doesn't fit your ideology, you refuse to understand it. "Obama utterly WASTED a trillion dollars on so-called "stimulus". And it has done NOTHING." Not according to the reports I have read. But they are just relying on the facts and not ideology... "As to the "recovery", of course there is a recovery underway. Why would there NOT be?" Umm, let us see. Things could have gotten a lot worse. Like they were in the process of doing. But there are those facts again. "Obama's drunken spending spree, as FDR's, has only exacerbated the problem and caused it to drag out for a longer period than we otherwise would have seen." Bullshit. You need to stop reading those blogs. Only a small minority of economists believe that crap. And all of them have ideological axes to grind. Which to someone who is rational, would make their conclusions suspect. "But when you just flit away a trillion dollars, adding it to our children's debt, without the slightest thought given to the stimulative effect, you don't help our economy, you hurt it." I agree, But this describes Smirk's tax cuts. It also describes the large percentage of the stimulus that was tax cuts. So I will grant you it was not as effective as it could have been. "A great example I'm familiar with: Tens of billions of dollars in rebates to physicians for installing EMR systems." I will grant you that the electronic health records stuff was not the direct stimulus it should have been. Its main use is in trying to keep healthcare costs under control. Reducing record errors and, at least in principle, reducing the labor required to provide healthcare is a good thing. The VA is a great model of how much EHR can help reduce costs. But, it wouldn't surprise me if a lot of docs wasted the money. Doctors tend to do that. I've seen them do it in hospitals. And I have done work for enough doctors offices to see that it is pretty common in practices.