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


To: i-node who wrote (623487)8/8/2011 5:19:28 PM
From: J_F_Shepard  Read Replies (2) | Respond to of 1578295
 
"the failure of the stimulus to have even the slightest positive effect, "

Really??

"Just look at the outside evaluations of the stimulus. Perhaps the best-known economic research firms are IHS Global Insight, Macroeconomic Advisers and Moody’s Economy.com. They all estimate that the bill has added 1.6 million to 1.8 million jobs so far and that its ultimate impact will be roughly 2.5 million jobs. The Congressional Budget Office, an independent agency, considers these estimates to be conservative."

nytimes.com



To: i-node who wrote (623487)8/8/2011 6:28:04 PM
From: Alighieri  Read Replies (1) | Respond to of 1578295
 
Surely, you must understand by now that yours is only one view, and that given the failure of the stimulus to have even the slightest positive effect, it is time to consider that your view might just be 180 degrees wrong, no?

Bloomberg was making a different point...which is that if we are not working to strengthen the fundamental pillars of the nation we will be at a significant disadvantage when we come out of this funk...that takes investments in critical areas...i don't think there is any political ground to even have that discussion with the republicans today.

Al