Well there goes the economy

[doucanoe]

Originally Posted by piece-itpete

I used to sell temps help and I tells ya, Dems use temps too

If the porkulus bill saved or created 600,000 as claimed that's $750,000,000,000.00 divided by 600,000 = One Million Two Hundred Fifty Thousand a job.

In government-speak, a bargain.

Pete

I hear ya. I guess the real question should be whether or not these actions are planting the seeds for further hiring or just one trick ponies. Thats the problem with some of it. Once the project is completed will there be more. If not, where did that get us. If it's a subsidized program thats funding will disappear at some point, what happens when the individual state is now fiscally responsible for maintaining it? I am hopeful that Obama really has some meat in this latest one that will promote private sector growth. If we don't have that soon, we are going to be in heap big trouble.

RC

[finnbow]

Originally Posted by piece-itpete

I used to sell temps help and I tells ya, Dems use temps too

If the porkulus bill saved or created 600,000 as claimed that's $750,000,000,000.00 divided by 600,000 = One Million Two Hundred Fifty Thousand a job.

In government-speak, a bargain.

Pete

I don't think anyone can correctly attribute any number to jobs created or saved even though the administration feels compelled to do so. Regarding the $750 billion, only a relatively small portion has been spent thus far (for better or worse).

I hear ya. I guess the real question should be whether or not these actions are planting the seeds for further hiring or just one trick ponies. Thats the problem with some of it. Once the project is completed will there be more. If not, where did that get us. If it's a subsidized program thats funding will disappear at some point, what happens when the individual state is now fiscally responsible for maintaining it? I am hopeful that Obama really has some meat in this latest one that will promote private sector growth. If we don't have that soon, we are going to be in heap big trouble.

Actually stimulus spending of this nature is intended to be a one-time "shot in the arm" taking the form of capital improvement projects in most cases. You want to create "projects" instead of "programs." Projects can be completed, government programs cannot (and spending will continue forever).

[doucanoe]

Originally Posted by finnbow

Actually stimulus spending of this nature is intended to be a one-time "shot in the arm" taking the form of capital improvement projects in most cases. You want to create "projects" instead of "programs." Projects can be completed, government programs cannot (and spending will continue forever).

True, but here in lies the problem. I'm not always sure that a good thing.

RC

[Boreas]

Originally Posted by finnbow

I don't think anyone can correctly attribute any number to jobs created or saved even though the administration feels compelled to do so. Regarding the $750 billion, only a relatively small portion has been spent thus far (for better or worse).

About a third, I think. Also some of what has been given out has been repaid.

John

[BlueStreak]

Thought bubble;

(God.............no matter what happens............if in two years unemployment is down to five percent, they'll be tellin' us it coulda been down to two percent a year ago...........if the Dow goes up 100 points, it the precurser to a crash...............if you authorize one dollar to be spent, they'll tell you it's not enough and then bitch atcha about spending the first thirteen cents................if you propose a fix for healthcare, they propose damn little, fight you every step of the way, then when damn little gets done, they blame you for it........I think, maybe, they should be glad most Liberals abhorr violence.)

Regards,
Dave

[piece-itpete]

Gosh Dave, that sounds like the Dems a couple years ago

Pete

[Boreas]

Originally Posted by piece-itpete

Gosh Dave, that sounds like the Dems a couple years ago

Pete

We weren't saying that successes were failures. We were saying that failures were failures.

John

[Fast_Eddie]

Aren't a lot of the Stimulus projects spending money on infrastructure? Personally, I believe we need to do a good deal of work. That bridge collapse in Minneapolis should have been a wake up call. A few decades of "why should I have to pay" finally brough about a frightening answer.

I still have visions of a vast American waste land where taxes are quite low. Militias roam what is left of the highway system, well armed as is their right by the second ammendment. Most government buildings in ruins. Churches, however are thriving between the skirmishes- most have snipers in the bell towers to defend from opposing religious believers. Anarchy rules the day, and somewhere (the White House long ago abandoned as an expense we don't want to pay for) Sarah Palin is President.

Its the Tea Party paradise. I'll be elsewhere.

[BlueStreak]

Originally Posted by Fast_Eddie

Aren't a lot of the Stimulus projects spending money on infrastructure? Personally, I believe we need to do a good deal of work. That bridge collapse in Minneapolis should have been a wake up call. A few decades of "why should I have to pay" finally brough about a frightening answer.

I still have visions of a vast American waste land where taxes are quite low. Militias roam what is left of the highway system, well armed as is their right by the second ammendment. Most government buildings in ruins. Churches, however are thriving between the skirmishes- most have snipers in the bell towers to defend from opposing religious believers. Anarchy rules the day, and somewhere (the White House long ago abandoned as an expense we don't want to pay for) Sarah Palin is President.

Its the Tea Party paradise. I'll be elsewhere.

You don't recall the right wing pundits blaming the Minneapolis collapse on lazy union workers and advocating cutting infrastructure funding to pro-labor blue states? I do. They went on about it for days, until something else distracted them.

Regards,
Dave

[BlueStreak]

Originally Posted by Fast_Eddie

Aren't a lot of the Stimulus projects spending money on infrastructure? Personally, I believe we need to do a good deal of work. That bridge collapse in Minneapolis should have been a wake up call. A few decades of "why should I have to pay" finally brough about a frightening answer.

I still have visions of a vast American waste land where taxes are quite low. Militias roam what is left of the highway system, well armed as is their right by the second ammendment. Most government buildings in ruins. Churches, however are thriving between the skirmishes- most have snipers in the bell towers to defend from opposing religious believers. Anarchy rules the day, and somewhere (the White House long ago abandoned as an expense we don't want to pay for) Sarah Palin is President.

Its the Tea Party paradise. I'll be elsewhere.

You forgot the cattlecars that had come for all of the illegals. and then when that happened unabated, they started looking around for whomever else they've been dying to get rid of for so long.

"Eine Volk, eine Reich, eine Fuhrer!"

Regards,
Dave