exact wrong time to be proposing a $1 trillion federal infrastructure stimulus bill

D

dealmaker

John Arnold‏@JohnArnoldFndtn 4h4 hours ago




Seems to be the exact wrong time to be proposing a $1 trillion federal infrastructure stimulus bill.

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This is biggest bunch of crap every, so many people have given up looking for jobs or have to work 3-4 part time jobs that pay so little an hour then they pay high Obamacare or have to pay the penalty so unemployed neighbor getting it for free. When CA university is laying off their IT employees to outsource to India, and now laid off workers run out of unemployment and can't find another job-make the stinking graph look even better, eh?

This is the perfect time by the best man to plan a stimulus bill for USA and get people working, or maybe you like bridges falling down.
 
Handle123 said:
This is biggest bunch of crap every, so many people have given up looking for jobs or have to work 3-4 part time jobs that pay so little an hour then they pay high Obamacare or have to pay the penalty so unemployed neighbor getting it for free. When CA university is laying off their IT employees to outsource to India, and now laid off workers run out of unemployment and can't find another job-make the stinking graph look even better, eh?

This is the perfect time by the best man to plan a stimulus bill for USA and get people working, or maybe you like bridges falling down.
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yeah definitely, let's heat this economy up 1920s style and crash the markets 90%
 
It would take much to heat up economy to 1920's level, I met a couple other day that between them they work 8 part time jobs to make ends meet and both have degrees. They have kids and mortgage, and although full time jobs advertised, does not seem if anyone ever gets any of them. And when working part time, you get part time wages, also with so many unemployed, wages seem lower.

Market way overdue to a deep retracement anyway, it been going since 2009, just unbelievable it been going up with problems we have. I hope roads and bridges get replaced and more than repaired as so many bridges are past dates that they were constructed for being built. But if not done soon, more bridge collapse like in Minnesota and Oklahoma happens in abundance.

Says USA spent in 2014 35 billion spent in foreign aid.
http://mondoweiss.net/2015/11/spends-billion-foreign/

I always thought it was more. But regardless our spending am sure has many areas of over spending. I remember in the 1960-70s that people who worked for government did not many much but was a secure job compared to working outside of the government, now often the government jobs pays much more than working for companies. Doctors and medical staff that work for VA get paid much less than hospitals or clinics are the exception, why go work for VA when anywhere better is available, one of many reasons VA's are not always fully staffed.

Question, does anyone think the markets would have gotten this high if interest rates were never this low? This actually gave the government more money to spend as repayment has been smaller than if the interest rate was say 10%.
 
Handle123 said:
This is biggest bunch of crap every, so many people have given up looking for jobs or have to work 3-4 part time jobs that pay so little an hour then they pay high Obamacare or have to pay the penalty so unemployed neighbor getting it for free.

I am not a fan of Govt. stimulus, but it is time to use it directly on private job creation in the domestic economy.

Where I live, in the daytime if you go to a gym, a walking trail, or a coffee shop ( even a fast food seating area ) it is populated with 30 to 50's year old mostly men .
Talk to them, its all the same story ' " A few years ago I had a great corporate job for 18 years and then the layoff, or I used to get $35 hour on this jobsite then work dryed up, followed by ... I have been working part time here and doing a little of this on the side , keep networking and sending out resumes, my wife helps working here and there, were hanging on , but have had to let medical insurance go... sad,sad,sad.

However in the same area, those fortunate enough to work for the government have been blessed, more raises, more toys, more days off, great benefits. The competition to get a government job here is fierce .

Somethings wrong, the graph is skewed, Under employment is staggering. The Fake news has been avoiding the real story to keep a fake sunny forecast alive.

I realize this is also a regional story, but I took a long rode trip thru 14 western, mid western, and southern states this year. A few bright sunny spots economically , but big majority of areas dealing with same economic challenges stated above.
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Sorry, there now it is readable:

I am not a fan of Govt. stimulus, but it is time to use it directly on private job creation in the domestic economy.

Where I live, in the daytime if you go to a gym, a walking trail, or a coffee shop ( even a fast food seating area ) it is populated with 30 to 50's year old mostly men .
Talk to them, its all the same story ' " A few years ago I had a great corporate job for 18 years and then the layoff, or I used to get $35 hour on this jobsite then work dryed up, followed by ... I have been working part time here and doing a little of this on the side , keep networking and sending out resumes, my wife helps working here and there, were hanging on , but have had to let medical insurance go... sad,sad,sad.

However in the same area, those fortunate enough to work for the government have been blessed, more raises, more toys, more days off, great benefits. The competition to get a government job here is fierce .

Somethings wrong, the graph is skewed, Under employment is staggering. The Fake news has been avoiding the real story to keep a fake sunny forecast alive.

I realize this is also a regional story, but I took a long rode trip thru 14 western, mid western, and southern states this year. A few bright sunny spots economically , but big majority of areas dealing with same economic challenges stated above.
 
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