@slkshock7,
slkshock7 wrote:
So Obama lied to the American public about the effectiveness of his plan in order to get his stimulus bill thru Congress...eh? Sorry, when you drew the analogy to the Iraq war, I couldn't resist taking a jab at all those folks who claimed Bush was lying when he took us to war in Iraq based on errant CIA assessments of Saddam's nuke capabilities.
The difference I see between Obama's claims on the stimulus bill and Bush's on the war, was that Bush smartly never laid out a time frame for when the war would be won. In fact he always claimed it would be a "long war". Of course you do have that pesky faux pas where he proudly stood in front of a "Mission Accomplished" banner and yes, he was wrong about that.
Totally wrong. You forget that prior to starting the war, Bush - and mostly his team of advisers, the equivalent of the Obama advisers who claimed unemployment would stay low - predicted that we would be greeted with flowers, find WMD, be out in a year, and the whole thing would cost less than 50 billion dollars(!). Every single one of these things turned out to be false; the metrics laid out would call the Iraq war a complete failure in many ways. The initial assessments were all wrong, just like Obama's initial assessments were wrong. Can't knock one without the other.
Obama has continually and constantly said that this will be a long recession and that recovery will take years. He didn't promise anyone that things would be better by now; and he's taken responsibility for his role in the economy.
Quote:I don't think it's reasonable to assess the stimulus bill to be successful simply because at some undetermined time in the future the economy recovers. Under that reasoning, the only chance for failure is if the economy never recovers. I mean I could apply that same measure of success and say the economy recovered, not based on Obama's stimulus plan, but rather based on Bush's even-slower working stimulus plan or even Bush's tax cuts back in 2003. Even you Dems admitted that the economy would eventually heal of itself, given time. They just argued that recovery would be much quicker if we indentured our children. And "quicker" was always 2 years.
You're can't change the measures of success in mid-stream. You sound like the kid that starts the game saying "best out of three" then when he loses, says "best out of five"...then "best out of seven", etc.
I don't remember saying, 'Even you Dems admitted that the economy would eventually heal of itself, given time.' I think most Dems - and a large number of Republicans - believed that the economy would be much, much worse at this point without the stimulus, and they would be correct.
Here's Christine Romer talking about the effects the ARRA has already shown -
Quote: The role of the Recovery Act is clearest in state and local spending. Sharp falls in revenues and balanced budget requirements have been forcing state and local governments to tighten their belts significantly. But, state and local government spending actually rose at a healthy 2.4% annual rate in the second quarter of 2009. This followed two consecutive quarters of decline, and was the highest growth rate in two years. No one can doubt that the $33 billion of state fiscal relief that has already gone out thanks to the Recovery Act is a key source of this increase.
The money that has already gone out has been a significant help to our nation at this time.
Cycloptichorn