AMERICAN CONSERVATISM IN 2008 AND BEYOND

Well history is on my side/point of view. Not yours.

Despite the bipartisan stimulus effort being hailed by many in Washington, in the financial markets, and in various industries, Hoover research fellow Russell Roberts is skeptical of a package that injects $145 billion into a $14-trillion economy, stating that “stimulus schemes based on giving people money have a poor track record of energizing the economy. Usually, the only thing that gets stimulated is a politician's approval rating.”
http://www.hoover.org/research/focusonissues/focus/14776626.html

Fiscal Policy: Fidelity Investments' CEO calls President Obama's economic plan "New Deal II" and says it won't work any better than it did for FDR. We fear he may be right on both counts.

"During the '30s, Congress " with guidance from the president and the same kind of good intentions " shifted the country's cash flow away from productive business to government make-work projects, which most likely prolonged the Great Depression," Fidelity's Ned Johnson said.

In fact, many economists agree that the New Deal was a formula for institutionalizing unemployment, not reducing it.

Seventy-five years later, with unemployment heading to 10%, government has prescribed a similar formula.
http://www.realclearmarkets.com/articles/2009/03/obama_gives_us_the_same_old_ne.html

Rebut it with a credible source if you can:

Quote:

Despite the bipartisan stimulus effort being hailed by many in Washington, in the financial markets, and in various industries, Hoover research fellow Russell Roberts is skeptical of a package that injects $145 billion into a $14-trillion economy, stating that “stimulus schemes based on giving people money have a poor track record of energizing the economy. Usually, the only thing that gets stimulated is a politician's approval rating.”
http://www.hoover.org/research/focusonissues/focus/14776626.html

Quote:

Fiscal Policy: Fidelity Investments' CEO calls President Obama's economic plan "New Deal II" and says it won't work any better than it did for FDR. We fear he may be right on both counts.

"During the '30s, Congress " with guidance from the president and the same kind of good intentions " shifted the country's cash flow away from productive business to government make-work projects, which most likely prolonged the Great Depression," Fidelity's Ned Johnson said.

In fact, many economists agree that the New Deal was a formula for institutionalizing unemployment, not reducing it.

Seventy-five years later, with unemployment heading to 10%, government has prescribed a similar formula.
http://www.realclearmarkets.com/articles/2009/03/obama_gives_us_the_same_old_ne.html

I'll take that as a common response from you that says 'I'm pretty sure I won't be able to so I'm not going to try.'

There's no point. No matter what evidence I post, you'll just claim that it is either biased or doesn't disprove the opinions of said right-wingers. It's a dodge away from the actual topic, which you are afraid to discuss head-on.

Cycloptichorn

I provided links on what I consider to be expert opinion for my post. Where are your links for your so far unsupported opinion? Or do y0u just intend to be personally insulting and claim that you know something that you can't support?

Cycloptichorn wrote:

There's no point. No matter what evidence I post, you'll just claim that it is either biased or doesn't disprove the opinions of said right-wingers. It's a dodge away from the actual topic, which you are afraid to discuss head-on.

Cycloptichorn

You mean like you just did?

You have a huge misunderstanding of what appealing to authority is versus informal logic that utilizes authority to support ones own opinions. It is a logical fallacy only if I claim that the statement is true because the authority says it is true. I didn't say or infer that. I offered you opportunity to rebut their and my opinion.

My logic is based on an extensive reading and understanding of history. I posted opinion of those with better credentials than I have to support my opinion. Who do you have to support yours? Or what credentials do you claim in lieu of that?

McGentrix wrote:

Cycloptichorn wrote:

There's no point. No matter what evidence I post, you'll just claim that it is either biased or doesn't disprove the opinions of said right-wingers. It's a dodge away from the actual topic, which you are afraid to discuss head-on.

Cycloptichorn

You mean like you just did?

Like I did in what way? The discussion isn't about the opinion of right-wing think tanks, it's about what Fox believes to be true.

Cycloptichorn

Neither of what you posted are 'credible sources.' They are opinions of right-wingers. So, no. I won't.

Fox, without Appealing to Authority (which you constantly do) are you telling us that letting the financial industry collapse, letting the automakers collapse, and laying off hundreds of thousands from gov't jobs would improve the economic situation over what we see today? Yes or no.

Cycloptichorn

You are incorrect.

Neither you nor any other Conservative has detailed how cutting taxes for the Rich and businesses will actually lead to new jobs...

they used it for the oxymoron trickle-up.

Rebut it with a credible source if you can:

Quote:

Despite the bipartisan stimulus effort being hailed by many in Washington, in the financial markets, and in various industries, Hoover research fellow Russell Roberts is skeptical of a package that injects $145 billion into a $14-trillion economy, stating that “stimulus schemes based on giving people money have a poor track record of energizing the economy. Usually, the only thing that gets stimulated is a politician's approval rating.”
http://www.hoover.org/research/focusonissues/focus/14776626.html

the jury is still out over whether or not the United States is in, or will enter, a recession soon.

Fiscal Policy: Fidelity Investments' CEO calls President Obama's economic plan "New Deal II" and says it won't work any better than it did for FDR. We fear he may be right on both counts.

CINCINNATI (AP) - The chief executive of General Electric Co. thinks President Barack Obama's economic stimulus efforts will pay off eventually in fighting the recession.

CEO Jeffrey Immelt also says he sees some signs that things are stabilizing in a difficult economy. He told The Cincinnati Enquirer in an interview published Wednesday that his sense is that over time, Obama's programs "will work."