@georgeob1,
georgeob1 wrote:
Are you suggesting that their opposition to a massive Federal give away done in the deceitful name of "economic recovery" with borrowed money that will burden future generations of taxpayers was harmful ?
YES! Except there wasn't anything deceitful about it.
The burden to the future generations that we have taken on from the tax cuts on ONLY the highest two brackets, under Bush, dwarfs the cost of the Stimulus and had no positive effect on employment whatsoever. Yet you never said a single word against it at the time and you don't speak against extending those tax cuts now. In short, I find your sudden concern about the deficit and debt to be totally and completely false.
Quote: The stimulus plan and other related payoffs to various constituent groups didn't "stimulate" any recovery at all.
Yes, it did. You didn't bother to respond to my post where I pointed out the lies you've been forwarding on this subject and here you are again, doing the same thing.
It is a fact - not an opinion - that the Stim bill helped create some jobs, helped save a lot of jobs, and added to the GDP during the quarters when we needed it the worst. You are completely wrong, and what more, I submit that your position is one based on politics and not on a logical or factual examination of the situation.
Please stop forwarding lies, George. Or at least have the guts to respond when you are accurately called out on doing so.
Quote:The current recession is not unusual in terms of its severity, but it certainly is unusual in terms of its duration and the very slow recovery we are almost experiencing from it. Opposing spending and entitlement programs that worsen our economic situation is hardly opposition to beneficial stimulus programs.
Yes, that's exactly what it is. Focusing on deficit reduction and Austerity right now is the height of idiocy. Look to Ireland and Greece - their austerity measures have completely backfired. The UK is in a similar situation. In fact, I'm wondering what data set you are drawing your conclusions from; where are your examples of governments instituting austerity measures during a recession, and this leading to any improvement in the situation of the country - at all?
The speed at which your bunch pivoted from running up mind-boggling debts to demanding that everything be stopped to pay them off is just astounding. And it's as if you don't recognize the hypocrisy of this...
Cycloptichorn