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Stimulus Package at work
according to http://recovery.gov
The American Recovery and Reinvestment Act of 2009 was $787 Billion 488 billion has been distributed Recovery funded jobs reported by recipients is 682,370 so lets do the math, that's $715,154 per job? Is my math correct? wouldn't it be better to just cut a check to all the people out of work for $100k? 488,000,000,000/682,370=715,154 |
It's all BUSH'S FAULT!!
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Simple minds provide so much entertainment.
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Obviously we need another 3 trillion.
GDP growth down 1 full percent in Obama's Summer Of Recovery...... 2.4% |
do all the democrats have gold toilets now?
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A last, got my daily Obama hate thread of the day ... :1orglaugh:1orglaugh:1orglaugh
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Well, for every realistic and factual anti Obama/Liberal thread we get in a day, there are at least 6 bitchy anti conservative threads. Gotta love those liberals who live in their own reality. :)
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Just a heads up. :upsidedow |
PS, if the OP could even understand what in the fuck he was reading this would have never been posted. So many variables and data points ignored to make an ignorant point it's laughable.
Enjoy your bubble, bliss boy. |
Get your ass elected and fix things instead of crying on gfy daily. I don't like Obama but fucking arm chair politicians drive me insane. You don't like how things are being done fucking do something about it. Crying on gfy does nothing :2 cents:
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Besides, who's crying? I just took some info off Obama's website and questioned it |
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There are dozens of variables that may need to be taken into consideration but that would actually require you to use your brain for research before talking shit. There is not enough data on that first page, and especially your simple math, to say any fucking thing one way or another. You tried to take a very complex issue and dumb it down to multiplication and division. Now you are trying to justify that stance? :1orglaugh "Job calculations are based on the number of hours worked in a quarter and funded under the Recovery Act. " What does this mean? That's one of possibly thousands of variables. I know for fact that you don't know a fucking thing about this but saw an easy (to you) jab at Obama. |
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Simple, Obama wanted the money to create jobs, that's what each job cost the tax payer $715K But go ahead, bring in the fuzzy math. "Job calculations are based on the number of hours worked in a quarter and funded under the Recovery Act. " is full of variables, that's how they determined how many jobs were created you fucktard, LMAO 682,370 at a cost of $715k each |
Don't argue with stocktrader. The guy is beyond incompetent.
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But if you don't remember, that website was promised when he passed the stimulus, which I'm surprised he kept that promise |
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Maybe we should stop worrying about 3rd world shit holes and keep our money at home. After all, charity begins at home, not in some other country. |
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I'm all for some debate, but he's too easy |
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All this and ranchers aren't safe along the border with Mexico, very sad |
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The stimulus money is broken down into 3 sections. 1) Entitlements 2) Tax Benefits 3) Contracts / Grants / Loans Since I don't have all day to educated an uneducated fucking moron I'm going to touch on number 3. Contracts - A $3,000,000 contract might require $2,900,000 in fucking materials and create 2 jobs at $50,000 per year. You screaming that each job costs $1,500,000 ignores the fact that these are jobs that need to be done any fucking how. Upgrading our infrastructure is long overdue and is going to cost money no matter what you call the fucking bill that got the funds approved. Grants - Obvious what this is to anyone with a brain. These are not expected to show an immediate fucking return on jobs. They are to help establish new businesses or allow existing businesses to expand. The benefits from this goes well into the future, how many jobs will these businesses create over the next 10 or 100 years? It will be many more than they created the month they got their fucking check in the mail. Loans - Yes, because someone like you is stupid enough to count money loaned out as a cost of creating new jobs. Will it be paid back? If so, how much? Is there interest? You don't know shit. Your dumbing down of the information to say "LOL every job cost a billion dollars!" is shortsighted, retarded and impossible to discern from the data you provided. You have taken the barest of 'facts' from the list and tried to twist them to make a point. You fail, whether you realize it or not. Idiot extremist. |
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Personally, I could give two shits about 3rd world crap holes. We need to bring our guys home and take care of business here first, then worry about anyone else if any money is left ;) |
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It's kinda funny that most conservatives have kept quiet for many many years and it's always been the liberals that have done most of the protesting, now that conservative groups are springing up protesting out of control liberal spending, the liberals don't know how to handle it, so they call them names and accuse them of being racist, or blaming people that haven't been in office for 20 months,pretty sad |
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^Like clockwork. That's how easy it is to deal with a stupid liberal in the porn industry. |
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You don't, I will let you know whenever I see you posting nonsense. It won't help you but the next person to read the thread won't be left with a one sided argument from a moronic piece of shit. Cheers :upsidedow |
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Hahaha look at this mentally retarded child go! Everyone else is stupid yet he can't explain why. He is smart yet he can't explain why. His views are right yet he can't explain why. Ah the joys of arguing with a retarded social outcast.. LOL@Idiot extremist ROFL |
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He's disguising his stupidity by the name "stocktrader" ROFL. |
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You two should mate and make beautiful babies for Republican party.
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so you basing this on the immediate results? seems reasonable...
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US bailouts prevented 1930s-style Great Depression say economists New study by economists Mark Zandi and Alan Blinder says US economic stimulus averted a worse downturn To Washington conservatives they were egregious examples of "big government" overreach, but the White House's economic stimulus and bailout policies have saved 8.5m jobs and averted a further slump of 6.5% in US economic output, according to a study by two influential economists. An in-depth modelling exercise by Moody's chief economist, Mark Zandi, and a Princeton University expert, Alan Blinder, paints a bleak scenario of a 1930s-style Great Depression if the US government had enacted none of its $1.7tn (£1.3tn) programmes to avert a financial meltdown. Using historical statistical relationships and a focus on the government's impact on narrowing credit spreads, the pair found that the downturn would have continued into 2011, with unemployment peaking at 16.5% rather than last year's actual high of 10.1%. They believe US gross domestic product would have slumped by 7.4% in 2009 and by 3.7% in 2010, producing a "peak to trough" decline of 12%, rather than the anticipated 4%. Starved of demand, shops and employers would be cutting prices and wages. "With outright deflation in prices and wages in 2009 to 2011, this dark scenario constitutes a 1930s-like depression," says the study, entitled How the great recession was brought to an end". Thwarting stiff opposition from Republicans in Congress, the Obama administration introduced an economic stimulus package of more than $780bn last year, adding to giveaways of $170bn by the Bush administration in 2008 that included tax refunds to tens of millions of Americans. Adding in banking-bailout measures of $600bn and smaller programmes such as the "cash for clunkers" scheme and a rescue of insurer AIG, total commitments by the US government reach $1.7tn. rest here yep, that is THE solution ..... don't expect debate on this, no more then in this thread .. http://gofuckyourself.com/showthread...=980158&page=2 Time for you to start another thread , free of facys and ready for more talking points... As for your job calculation, you are to say the least simplistic .... :1orglaugh |
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