Feeling Stimulated!

[Boreas]

Seems the Stimulus is actually reducing the deficit. Who'd a thunk it!?!

John

[d-ray657]

Originally Posted by Boreas

Seems the Stimulus is actually reducing the deficit. Who'd a thunk it!?!

John

Ah, what does Bloomberg know about finance and economics. The report by economists that I posted here earlier, showed a much higher deficit without the stimulus than has occurred with it. Obviously, there's not as much of a recovery as any of us want, I doubt that we could have expected much more - particularly with the limited ability to go full force with a stimulus plan.

Regards,

D-Ray

[whell]

Did I miss somewhere in the posted article where the author attributed the marginal lowering of the deficit to the Stimulus?

If nothing else, we know that the Stimulus did teach some folks how to clean up after sex. I'm sure that they were feeling stimulated, anyway!

http://cnsnews.com/news/article/75198

[d-ray657]

Originally Posted by whell

Did I miss somewhere in the posted article where the author attributed the marginal lowering of the deficit to the Stimulus?

If nothing else, we know that the Stimulus did teach some folks how to clean up after sex. I'm sure that they were feeling stimulated, anyway!

http://cnsnews.com/news/article/75198

The economic recovery has helped generate more tax revenue for the Treasury, even as the Congressional Budget Office forecasts the deficit this fiscal year will reach $1.34 trillion, the second-largest on record. The Obama administration faces the challenge of trying to limit the shortfall while stimulating an economy with joblessness close to 10 percent.

It is certainly a reasonable inference that the stimulus has aided the recovery.

If nothing else, we know that the Stimulus did teach some folks how to clean up after sex. I'm sure that they were feeling stimulated, anyway!

You mean the stimulus program provided a grant to a program attempting to find ways to prevent the spread of aids? It's all in the delivery.

Regards,

D-Ray

[whell]

Sure. But wasn't the purpose of the stimulus to put federal dollars to work of advancing economic opportunities for U.S. workers?

[d-ray657]

Originally Posted by whell

Sure. But wasn't the purpose of the stimulus to put federal dollars to work of advancing economic opportunities for U.S. workers?

Do you expect that the money was not used to hire research assistants and other workers in the course of the research?

Regards,

D-Ray

[whell]

I don't know. It appears the study was conducted via the University of California. Typically, current faculty and students conduct such research.

[whell]

Originally Posted by d-ray657

It is certainly a reasonable inference that the stimulus has aided the recovery.

The sentence in the quote - "The Obama administration faces the challenge of trying to limit the shortfall while stimulating an economy with joblessness close to 10 percent" - looks future tense to me. If it was a reference to the success of the stimulus, I'd think it would be written in past tense. But, you could be right.

[merrylander]

The latest reports are that the deficit will be lower than forecast because tax revenues are up. ALso, in Ruth Marcus' OpEd today she quotes recent studies that indicate the small business (<500 employees) are about par with big business (>500 employees) in job creation.

Dr.No won't vote for a bill to stimulate small business on one hand, yet wants tax cuts left as is because raising them will discourage small business - white man speak with forked tongue.

[whell]

Originally Posted by merrylander

The latest reports are that the deficit will be lower than forecast because tax revenues are up. ALso, in Ruth Marcus' OpEd today she quotes recent studies that indicate the small business (<500 employees) are abour par with big business (>500 employees) in job creation.

I hope that's true, but I'm sure not seeing it. Could be that I service clients in the Midwest, and primarily in MI, where the economy still lags and where - at least the clients I work with - are still stifled by lack of available credit financing.