GOP's Plan to Create Jobs: Do Nothing

[hermit]

Quote from Trader666:

No moron, I got my numbers from Christina Romer's actual report (attached). Wrong AGAIN, libtard!

Then how come you didnt read it neocon, in case you didn't notice - it argues for the stimulus bill

The U.S. economy has already lost nearly 2.6 million jobs since the business cycle peak in December 2007. In the absence of stimulus, the economy could lose another 3 to 4 million morep

 

[hermit]

Quote from Arnie:

Btw, hermit. That graph was produced by the Obama team during the transition after the 2008 election....its HIS numbers. Here's a link to the report. The graph is on page 5.

http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf

Sure, and it makes a case for a bigger stimulus bill.

 

[bugscoe]

Quote from hermit:

Then how come you didnt read it neocon, in case you didn't notice - it argues for the stimulus bill

The U.S. economy has already lost nearly 2.6 million jobs since the business cycle peak in December 2007. In the absence of stimulus, the economy could lose another 3 to 4 million morep

So tell us how many jobs have been lost since the stimulus was passed?

 

[Trader666]

What it argues, is that Christina Romer and Jared Bernstein don't know their ass from their elbow and the "stimulus" was as wrongheaded as their "estimates."

Quote from hermit:

Then how come you didnt read it neocon, in case you didn't notice - it argues for the stimulus bill

The U.S. economy has already lost nearly 2.6 million jobs since the business cycle peak in December 2007. In the absence of stimulus, the economy could lose another 3 to 4 million morep

 

[bugscoe]

Quote from Trader666:

What it argues, is that Christina Romer and Jared Bernstein don't know their ass from their elbow and the "stimulus" was as wrongheaded as their "estimates."

Don't forget to include Hermit and Gabfly to your sentence.

 

[hermit]

Quote from Trader666:

What it argues, is that Christina Romer and Jared Bernstein don't know their ass from their elbow and the "stimulus" was as wrongheaded as their "estimates."

Sure it was wrong, it was too small since the job losses were into millions and the recession was too deep.

China for example did a huge stimulus even when they didnt have a direct crisis, they did a 2.2 trillion dollar stimulus which is twice the size of India's GDP.

 

[Trader666]

Wrong again. A recent study by the Harvard Business School found the opposite.

Stimulus Surprise: Companies Retrench When Government Spends
http://hbswk.hbs.edu/item/6420.html

Quote from hermit:

Sure, and it makes a case for a bigger stimulus bill.

Quote from hermit:

Sure it was wrong, it was too small since the job losses were into millions and the recession was too deep.

 

[hermit]

Quote from Trader666:

Wrong again. A recent study by the Harvard Business School found the opposite.

Stimulus Surprise: Companies Retrench When Government Spends
http://hbswk.hbs.edu/item/6420.html

Yea right, studies and surveys of economists including right wing ones who have said that things would have been worse without the stimulus get disproved by a study of earmark spending that senators bring to a state.

 

[bugscoe]

Quote from hermit:

Yea right, studies and surveys of economists including right wing ones who have said that things would have been worse without the stimulus get disproved by a study of earmark spending that senators bring to a state.

What UE rate did Obama and his crooks tell us the stimulus would keep us under?

What was the UE rate before the stimulus was passed?

What is the UE rate today?

What is the net amount of job losses today since the stimulus was passed?

 

[hermit]

Quote from bugscoe:

What UE rate did Obama and his crooks tell us the stimulus would keep us under?

What was the UE rate before the stimulus was passed?

What is the UE rate today?

What is the net amount of job losses today since the stimulus was passed?

See my response above.