When Wikileaks gets its hands on all the findings from the Congressional Research Service, which provides secret research documents to Congress (secret so that reports are outside public scrutiny and therefor free of partisan politics). Within those CRS findings are reports which indicate that both government spending is a more effective stimulus than tax cuts, and that tax cuts to lower income individuals is more effective than middle and upper class tax cuts.
More Proof Republicans Are Selling Out America: Non Partisan Congressional Research Service Told GOP That Government Spending and Middle Class Tax Cuts Offered The Best Stimulus Bang For The Buck.
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Let it never be said that the GOP lets facts, research, or informed opinion gets in the way of dated, partisan dogma. So much for "country first," the Republicans are more worried about the mid-term elections than they are about helping the American people.
Typical.
- 64 votes
Same can be said of of neo-liberals.............. there is no division in congress, they play 'tag-team' with the American citizenry, and this foster more of the same. thanks.
- 5 votes
What do you mean by neo-liberals? I ask, because neo-liberalism is... well... rather a lot like American conservatism.
- 28 votes
cooperation can emerge through the building of norms, regimes and institutions.
while I dislike wiki.......... it is what the majority use to find info....that said, what norms are being built, what regimes are developing, and just where are our institutions, philisophically right now.
continuing to think that our congress is somehow 'divided' is disproved considering we continue down the path of more government, and fewer protections from that government. Seeds like this foster this illusion, that the elite in congress are somehow apart in their thinking and in their 'goals'.
Last night the man said quite regularly that 'government' is the only solution. Never in my thinking life have I resolved that there is only one solution to any problem, and never in my most recent history has government been the solution alone. He himself said, in philosopical spirit, during his campaign, that it would take so much more of us and unity to make change, and yet last night he tells us that government is the most important part of relieving our inevitable distruction economically. He has terrible issues to resolve given our declining situation, yet, he neglected to touch on obvious points that were a cornerstone of his campaign. Us.
he wants us to support his economic recovery, but has said nothing about resolving what got us here.............."lets move forward, not look back' kinda thing. How does a reasonable person make things right, given the kind of energy and sacrifice this will require without insuring that we don't start all over again.......... same can be said for many previous presidents.
so tell me just how different they are. Tell me what change has come if we work again to recover, and fall into the same damn holes again. History indeed is a guide to their unity and our divisions.
- 3 votes
The following is a excerpt of a analysis of Supply side economics that was made in 2003 it is interesting now 6 years later to look back at what they said then and what has come to pass now.
Before President Bush signed the 2003 tax cuts, the Economic Policy Institute (EPI) released a statement signed by ten Nobel prize laureates entitled "Economists' Statement Opposing the Bush Tax Cuts," which states that:
“
Passing these tax cuts will worsen the long-term budget outlook, adding to the nation’s projected chronic deficits. This fiscal deterioration will reduce the capacity of the government to finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research. Moreover, the proposed tax cuts will generate further inequalities in after-tax income.[43]
- 35 votes
yeah KLconsiders
neoliberal is what they called reagan
neoconservative is not a derogatory term invented by the dems.
it wasnt a derogatory term until bush and chenny made it a derogatory term.
GET IT? yall called yourselves neocons. it wasnt a bad word. IT IS SPAT out now but that was earned.
trying to make up a derogatory term for dems (and yall already have too many moobat, leftist, etc)
is pretty childish cause we dint not do that to bush and chenney.. there own term forthemselves became synonmous with incomeptant @!$%#up do to their excelling in incompetancy and @!$%#ign up.
- 33 votes
Anyone who believes taxcuts for corporations work should answer me this one question. Why, while posting record profits for two years running, did Exxon Mobile cut over 1000 workers? Based on the trickle down nonsense they should have been HIRING NOT FIRING. To me that is proof positive the trickle down voodoo economics does not work.
- 18 votes
the Republicans are more worried about the mid-term elections than they are about helping the American people.
Is this why the majority of TARP2 will not come online until 2010? What year is thatt...ummmmm, OH an election year. Hmm.
"Passing these tax cuts will worsen the long-term budget outlook, adding to the nation’s projected chronic deficits. This fiscal deterioration will reduce the capacity of the government to finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research. Moreover, the proposed tax cuts will generate further inequalities in after-tax income."
If you swap 'tax cut' with "spending" you get the same result....and some economic oversite org has been regurgtating that thought since I can remember.
....trying to make up a derogatory term for dems.
You already have a derogatory name....'democrat'...its the ass half of Republi-crat.
Think about this, it is not hard...No person or private could survive by acting as fiscally irresponsible as our federal govt. If Nancy Pelosi found her and her family in financial trouble, would she pursue the path of taking out a bigger loan from the bank (in her children's name) and use it to both do some good (pay off debts) and then waste huge parts of it by buying things like new lampshades for her sitting room?
By what logic do you presume that a sovereign government capable of waging war, printing money, and unilaterally altering the world economic climate is in any way comparable to a single family in California?
These things seem entirely unlike each other and yet you seem to want to construct the fiscal policy of the one about the other.
- 6 votes
KILLFILE, You are right and i have been saying that for a month, the republican don't care about the country, but they want to say that their belief's and conviction and principal want let them vote for this bill, and that's a bunch of bull s&&t, I'm going up with a blog tonight, and the title is chaos and crime in America, the republican don't care about the repercussion to our way of life,they only care about power.
- 7 votes
Clive's Staples, tax cuts don't address the demand side of economics. If no one is buying anything then it doesn't matter what the corporate or capital gains tax rates are because companies aren't profiting which means stock prices are falling.
Republicans over-spent these last 8 years, but the Dem's are proudly promising to spend trillions here
Dem's proudly promising to spend trillions? I don't think any leader or party is proud about the prospect of further bankrupting their nation. Moreover, Bush spent at least 650 billion on the war in Iraq. He also signed the TARP at 750 billion which totals 1.4 trillion.
You seem like you're pretty good at math, which is greater Bush's 1.4 trillion or Barack's 0?
- 7 votes
and he had bi-partisan support..so both parties to blame..
BO will have his own war soon..and we will have to pay for that!
- 1 vote
surely you arent talking about this spending I mean stimulus bill...............
- 1 vote
boered1, ........................................ the answer to your question is technological advancements eliminate jobs, and will continue to do so. Just because a company has record profits, does not absolve them from running the most economicaly efficent corporation they can, thats they'er job, ............................ Duh !!!!!!!!!!!!!!!!!!!
What a really ingnorant of business operations question !
Consevativatism dictates you don't share the rights to opportunity. Liberalism dictates you do
- 1 vote
Great seed, killfile.
The main problem with "survival of the fittest" posturing by Republicans is that it's as phony as those Styrofoam columns at Obama's DNC speech.
Sure, they'd like to believe in it, but in reality they milk the govt. teet as much as they criticize their democratic colleagues for doing.
Govt is a critical mechanism in the running of the country. They know this. However, blustering on television about "making your own way" without govt interference just sounds more heroic.
Tell a giant corporation that the govt gravy pipe will be turned off and you might witness blustering turn to blubbering.
- 25 votes
America is, fundamentally, a socialist nation. The difference between the major parties is not support of that socialism, just who they think it should go to.
The Republicans have a long and storied history of wanting to give money to people who don't need it and the Democrats to those who do.
- 37 votes
KF, minor modification to your thought process. Republicans have a storied history of wanting to give money to those who work for it.
KF, minor modification to your thought process. Republicans have a storied history of wanting to give money to those who work for it.
By definition, if you're getting a government handout you're not working for it.
What did the various Wall Street Banks do to "earn" their bailout?
What did Exxon do to "earn" their absurdly undervalued leases on Federal lands with oil reserves?
What did the major Agribusinesses do to "earn" government price supports?
What did Halliburton and the like do to "earn" no-bid cost-plus contracts in Iraq - contracts where it is literally impossible to fail to turn a profit?
Tell me how these companies have "worked" for the government dole they receive.
- 47 votes
Republicans have a history of shifting money from the American worker to the company executives. Reagan set in motion the destruction of the middle-class by heavy deregulation, dismantling of unions, and tax cuts for the wealthy. Bush followed through with the death blow.
- 33 votes
don't forget Clinton's participation Brian. He did his part. His presidency was the work break, the promotion that was title only, but no meat, given we just gave it all back. This government is united in their wealth. It keeps them resolved together.
this is a game tag team. we are the opponent.
- 3 votes
THE GOP want to make it easy for peopel without any ethics to earn as much money as humanly possible.
This is great for the individual without ethics.. but not always great for the country.
I say without ethics cause i think it is unconscionable to build a company and then do really well and not sahre some of the doing well with teh employees that got you there.
ANd sorry but if you tank a company and take 200 million ..that should be unethical in anyones book.
- 26 votes
bker1492 ...
Dude,
Are you outa your bloody mind to come in here with that weak poop against this lineup? This is murderers row lol
This is like your first walk down the cages at the Rikers Island for democrats! you fresh meat here kid....
dude, I am republican but I'm not crazy... so, advice, free, worth every penny...
....run....
PS hiya boys :) dumb asses got caught again, so ya got us fair on this. But wait'll you see Sarah's new wardrobe. It’s a kick…wink
- 5 votes
i was reminded today that if you want to make money you have to spend money, the republican want to cut taxes, they were the one who wanted a strong defence so if you cut taxes what are you going to do to fund the military, the republican are like fox news fair and what ever.
- 4 votes
BRAIN497171 are his speeches as Styrofoam as Mr Bush, like those back ground poster to remind the ex president the topic of the day was.
- 1 vote
Pretty tough talk from a group putting Tax cheats in charge of the Gov. You guys ever going to come up with concrete proof on Bush, Cheney, and 911
BKER1492, if you can't see though the all of that smoke and mirrors you need to go to the eye doctor, Cheney told the truth, now thus is what he said, yes we torturedfor the good of the country, and that was on national television. and the president new all about it, straight from dick's mouth.
- 3 votes
Once again, I have to say that Wikileaks is probably the most useful tool for keeping the people informed on subjects that the powerful don't want us to know.
- 15 votes
Amen to that. I've been wondering when the former Bushies are going to start releasing things there. I've been figuring that Wikileaks will be deluged in documents from the Bush Administration now that the balance of power has shifted in Washington.
- 24 votes
count down to ..
wikileaks is just a liberal mouthpiece.. like wikipedia, snopes, factcheck.org, newsvine, the news, the aba, the cia, our schools and teachers, tv, movies...
easier to say
"everything and everyone is liberal but churches and conservtvie radio"
- 24 votes
Yes, it's always control and spin of the media and the "message". Who really knows what "reliable sources" are any more? In the battle of general mis-information distribution, I think clearer heads should prevail, as the "truth" would be determined by those who discuss and debate the real issues and information accuracy.
- 1 vote
You know the is alot to be said for the conservative point of view, but they seem to be wrapped up in the Rove playbook, Its hard to take seriously a group of people that would rather lie and hang on emotional issues than to use facts and logical to prove their perspective.
- 24 votes
Rove? that boy is like National Geo sex. The Republicans are way past that. They into some back page of Hustler stuff these days.
still, now and again I feel sorry for em in a kinda there goes the mentally challenged kinda way....but that passes, and pretty quick...
- 2 votes
"They into some back page of Hustler stuff these days."
Like "Nailin Palin" ?
- 3 votes
and that's the truth, facts are not what the republican are good at, they have their slogan's and their toughness,
- 2 votes
This is a desperate attempt by the Republican Party to remain relevant in the era of President Obama
- 19 votes
I don't know... I don't see them so organized or well led to even catorgize this as an attempt of the Party per se. It seems the only thing they have holding them together is an irrational hate, of all kinds of things, to many for even them to count.
Its primal though thats for sure but I don't see a brain behind it anymore.
Primal in a fish outa water way.
It flopping and flopping, doesn't know why but it will fight with every breath for its life because it has to.
Thats what I see of the Republican Party, the brains walked out in the middle of the last election, most with one look at palins ankles, and now there it is... flop, flop, flop...
Remember this though....one of these flops it may just get lucky and hit the pool again.....then you figure out ohhh damn.... it was a shark flooping around over there...
- 6 votes
RENARD they want to destroy America, not only president Obama but our way of life.
- 3 votes
No, we are trying to preserve the Constitution. It is Obama , Pelosi, Reid etc. trying to destroy it. They have the power now and are ramming a new government system into place without any public disclosure or debate. It happened in October with the Bush, Paulson, Pelosi, Dodd and Frank with the dire emergency TARP bill which gave unelected officials absolute control of the Treasury. Now we have a stealth National healthcare beauracracy hidden in the Stimulus bill. (as Daschle wrote should happen) No public disclosure ,no debate. These things are against all principles this country was built on and direct violation of the constitution.
I don't care about your political persuasion this is wrong on every level and we Conservatives will fight it and make it public since the media will not.
Redmichigan
You must be out of your mind if you think the State of Michigan will ever vote Republican in the rest of your life time. Don't you remember that John McCain 1st waved the white flag of surrender in Michigan. This where this recession started when George Bush and the Republicans came to power and it has been all down hill every since.
It was a Obama blowout in Michigan as he swept almost every midwestern state.
- 1 vote
Actually, the backdrop for Obama's speech last was perfect, for a Republican. Picking out a town whose main claim to fame is making gas-guzzling, Trickle-down-economics, luxury RVs, as ground zero for the economic stimulus must mean he's decided that this is a very important part of Amerika.
Either Obama has figured out how focusing tax breaks on the poor will equate into higher sales of Luxury items, or contrary to the Hyperbole, He really thinks that true patriots:
a) Don't pay taxes no matter what the income
b) Make enough "Bonus" money to buy expensive Motorhomes
c) Are not really worried about a dependence on oil
- 2 votes
It is simple they are out of work Americans who desperately want to hold on to their and their families lives and lifestyles.
And since he is the President of the entire United States of America what could be more fitting, than to go to where people are hurting for real regardless of their political party.
What is really sad is for Dick Lugar the Senator of the state of Indianna, to side against his own constituents who are in such desperate straights while he postures with his party in a badly misguided attempt at party unity.
- 25 votes
BKER 1492, their was an article on newsvine that said the poor pay most of the taxes in this country, look it up.
- 1 vote
remember between 1996 and 2000 the "boom" years, almost 70% of US corps paid no taxes. But we paid ours didnt we?
- 1 vote
JC what are you smokin? Nearly 40% of the country pays no federal Income taxes at all.
BKER1492,
You mean to say unemployment is actually 40%? Really?!?
That's the ONLY way your claim makes ANY sense. You're cherry-picking here, and on top of that SERIOUSLY skewing the definition of 'paying taxes.'
I don't know why this concept is so foreign, so I'm going to break it down shotgun-style..
I go to my job, and do my job. Every two weeks , I get paid. Out of my paycheck comes my medical, my unemployment, my workers comp, and my state and federal taxes! They're deducted (hence the difference between net and gross pay) and they go to the IRS.
At the end of the year, I receive a W2 with my amount of taxes paid year to date! I go into tax preparer, who looks up my yearly income, gets my taxable income rate, and then compares that to the amount of taxes paid year to date! Then if it's less than my deductions, I get a refund. If it's more, I owe additional taxes!
Every legally employeed person pays taxes. The part you're complaining about is that come April, 60 % had more taxable income than they had deductions, and they owe additional taxes!!
Oddly enough , the majority of people who pay additional taxes aren't by definition wealthy people at all. They're waiters, bartenders, baristas, contractors, construction workers, people who's union went on strike and were collecting unemployment. In short, people who've received a 1099 instead of a W2. (Coincidentally, these are also the people who are most likely to be audited by the IRS.)
And they say liberals don't understand taxes...
- 6 votes
rv's are the new housing paradigm for foreclosed homeowners - AND they can quickly pull up stakes and join the stampede to the next job opening at McDonald's - the PERFECT rah-rah speech backdrop for the "New America"
- 1 vote
yup - meant to address the seed - oh well, BTW, in California, the EMPLOYER is dunned for unemployment taxation (on a sliding scale calculated from the employer's hiring/layoff history)
"Non Partisan Congressional Research". That's in the same league as Big Foot and the Chupacabra.
- 1 vote
Do you know why Republicans don't appropriate much for the poor and middle class it's simple the poor and middleclass can't afford to kickback any of the dollars that they get while the rich powerful and wealthy can always squeeze a junket or a bribe in for the Republican Senators and Congressmen as a reward for the Federal dollars they received.
- 13 votes
Consevativatism dictates you don't share the rights to opportunity. Liberalism dictates you do
I can't say it enough.
Really? Obama's tax cuts mean about 10 bucks a week for two short years while most of his program is welfare checks to those who pay zero in taxes. None of this bogus benefits folks who work and we are passing major debt to our kids. Obama will finish up what bush started. This is a welfare bill for those who "dont make enough to pay taxes and have large families." Quote. This is a giant welfare bill that punishes the middle class just for working and it rewards folks who are on welfare, SSI and disablity with an actual stimulus check of our tax money.. At least with Bush, middle classer got a twelve hundred dollar check. Under Obama, folks who get actuall checks of several hundred dollars are those already totally supported by the gov. This is not for the middle class, and many folks are starting to realize that. according to Rasmussen, 38% want this goofy package. Congrats democrats. Enjoy it while it lasts, and hope that the gov. dependent population increases so they can show up to vote.
- 1 vote
according to Rasmussen
Lol. A completely reliable an objective polling outfit.
- 5 votes
I am 100% in favor of Domestic Aid, I dont care where in America the Democrats spend money as long as it is not in the State of Iraq or the State of Afghanistan, or the State of Pakistan. The Republicans spent so many of our tax dollars in those states I actually mentally added them as our 51st, 52nd and 53rd states.
- 8 votes
Dawn...have YOU even bothered to look at the bill? It is a dooozie! Unfortunately it doesn't name those who put in the amendments. Too bad cause then we WOULD KNOW who keeps putting in the tripe. I'm sure that plenty was put in by the tighty-righties as well as those on the left.. personally I would like to see the farm subsidies to the corporate farmers eliminated. That would free up plenty of $$$. Also the subsidies to big oil and the drug companies.....
Those who worked hard and now find themselves unemployed cause of this mess certainly don't deserve to be kicked in the balls cause now they are wage earners. WE need to cut CORPORATE welfare and help Joe Q Public who has been treated very badly by the right and their supporters!
- 5 votes
Dawn, we need to give those checks to the poor. It's a good way of acclimating them to modern society. If they have money, they'll actually start paying for things. If they remain poor and desperate they'll keep breaking in your car window at night to take the 57 cents out of your cup holder. I don't know about you, but I'm sick of having my car broken in to.
- 2 votes
DAWN ALLISON what would you call the bail out of wall street, was that not welfare,
- 5 votes
you figure out for the 350 million Americans who live in America how much every American will receive out of this $790 billion and compare that to how much the Republicans spent on the 25 million Iraqis and how much was spent on each Iraqi for the 858 billion the Republicans wasted on their dumb misguided war.
- 2 votes
Have any of you geniuses actually read the bill? Nothing in here benefits the middle class, but we sure as hell will pay for it while we struggle to pay health and childcare and rent and mortgages. Yet if you are living off the gov for your food, rent, and medical care, you get reward. And all for what? so dems can make sure the country is under total gov. control. Eventually, there will be more minorites and gov. dependence, and no middle classers to foot the welfare bills. Do ya think rich white liberals will leave washington to support you? Or will they make you slaves?
- 1 vote
Dawn:
Take your own advice and put down the republican script, will ya?
Blah, blah, blah poor people are greedy and evil. blah, blah, blah welfare nation.
- 14 votes
Wow, don't get me wrong, Brian, but I do think that there is way too much "pork" in that package. I read the first 25 pages the first evening when it first came out, and heaven help me, I didn't see a darn thing there that would benefit me (average american employee, middle class, struggling to make it each month while attempting to save for rainier days--as the rainy days are already here).
I read the next 25 last night. I cannot find a thing yet. If anyone else has gotten beyond page 50, and can point me in the direction of help for the middle class, please let me know.
- 2 votes
I think saving or creating jobs will help the middle class, but I could be wrong.
Brian-you forgot the s-bomb. (socialism OMG)
- 4 votes
Depends on what you define as "help for the middle class"
Even expanding the Foodstamps Program helps the middle class. That food has to be grown, processed, packaged, shipped, and sold doesn't it? Guess what that translates into?
Answer: Middle class jobs.
- 13 votes
No thanks. I really don't want to create bigger government Killfile. Anything that helps the middle class while keeping government small (or making it smaller) is what I'm after.
- 1 vote
No thanks. I really don't want to create bigger government Killfile. Anything that helps the middle class while keeping government small (or making it smaller) is what I'm after.
So you're not really looking for something that benefits the middle class, are you? You're looking for something that adheres to your own dogma about the size of government and helps the middle class.
That's not the same thing.
- 11 votes
Well, I assure you, Killfile, middle class Americans would benefit from smaller government--and less social programs.
If I wanted to keep foodstamps alive, hell, I might as well pop 14 babies and go apply for a bunch of them. That way you and the rest of middle America can support me (and my 14 babies).
I'm sorry, that's that loony woman in California. Nevermind.
- 2 votes
Anything that helps the middle class while keeping government small (or making it smaller) is what I'm after.
Well, LK, then you live in a fantasy world. It is not possible to have a strong, stable middle class without a strong Government providing oversight, regulations, and a safety net.
It is not in the best interest of the private sector to create a strong middle class because those private companies are in the hands of human beings who are all trying to get as much wealth and power as possible. Also, a strong and informed middle class prevents the theft and oppression by the powerful. For that reason, the only group able to look out for the best interests of the middle class is the government, which by the way, is elected by the citizens who are by and large MIDDLE CLASS.
- 12 votes
well there goes one now...flop flop flop...welfare bill, Under Obama, total gov. control
no idea where it is or how to get there but.....
- 3 votes
You forget so quickly that George Bush and company were very intent on segregating all power in the executive branch. Is that not complete governmental control? Good thing they weren't successful
- 7 votes
$800,000,000,000 given to 11,600,000 unemployed workers would be about $69,000 per person. Now that's a stimulus I could get into. Give me $69,000 and let me see if I can jump start the local economy. I don't think I need a new aqurium in the neighborhood or another documentary about the mating habits of the dung beetle on PBS.
- 1 vote
Does any one know how much money did those 3,000,000,000 people make per day and how much money did the middle class lose when their jobs disappeared. Also how many of those 3,000,000,000 people will now collect unemployment, foodstamps, welfare, medicare and medicaid. How many children are associated with those lost jobs if you say maybe a averageof 2 kids per lost job that would mean 9 to 12 million people lost their livelihood.
- 5 votes
I know , thats why I am on the vine to tell the Republicans that this calamity is coming to a town,village, city or state near them and it is coming real soon.
We have watched for 8 years as the Republicans and their friends have systematically looted the country and the federal treasury all the while enriching themselves, at the expense of the poor and the middle class.
- 4 votes
Dawn Allison,
Eventually, there will be more minorites and gov. dependence,
Silly goose, when the day comes that there are more minorities that will only mean that you've become the minority. You should start befriending minorities so they don't relegate you to the sweet sweet welfare life when that day comes.
- 2 votes
Wow, all of us capitalists had better start packing--this country is going to hell in a democratic handbasket, and fast... If all of you don't think there are enough laws already, well, what you want is your government to babysit you and provide everything for you. I'm grown up and can do on my own, thanks very much.
Just because the leaders you elected can't/won't enforce the existing laws doesn't mean they aren't in the books.
- 1 vote
DAWN ALLISON you are misinformed, big business are the biggest welfare receipted in the country, but what the hell that's dose not make any difference with you, you were told by the republican that blacksand poor folks are the one who is bringing down the country when you no better, remember president Obama have not been in office long enough for him to do everything you are trying to say, president George W. Bush spent our money like a drunken sailor, he was the decider, king George new best.
- 4 votes
So we have traded one president that spent our money like a drunken sailor and got another one that is trying to do the same thing.................... This bill is crap.
Hey we are worried about our jobs as much as anyone else. But not willing to see the absolute gutting of the Constitution and give an absolute blank check to the government to control our lives and income. The conservatives are getting a real bad rap for trying to keep this spending bill under control. To say they don't care is just foolish. They are the only ones who are actually telling the public what is in the legislation. Are any of you aware of the latest health care item in the bill? Daschle's blueprint for Federal oversight of medical treatments is buried in the medical records technology provision. This is actually creates a National Health Cooridinator who will approve or disapprove of your medical treatment . This is just one of the hidden social programs which have nothing to do with the economy. President Obama stood up in front of us last night and didn't bother to mention it. There will be a time to have national health care debate but apparently he prefers to forego that all that messy Congress stuff and install it now. It is there and who knows what else we are about to be forced into? Why can't we have an economic package that will actually stimulate the economy with none of the hidden pork projects and Democrat paybacks?
So we have traded one president that spent our money like a drunken sailor and got another one that is trying to do the same thing................
No, we had one president who spent money that way. This president inherited an economy on life support and is attempting to revive the patient with a jolt. Yep, just like on ER when the patient has died on the table.
And before you began with which approach is best i.e. tax cuts, save it.
We need to stimulate, reinvigorate and jump start that heart again.
Tax cuts wont do it. For they are one of the reasons the patient is in cardiac arrest. Having clogged the veins, the result of a gluttonous appetite filled with that deadly cholesterol cocktail of avarice and greed.
Respect
- 1 vote
Dawn ... slaves ? libs are slavers get a grip.
You sound like Glenn Beck calling the stim package "Nation Socialism" as in Nazi. A rational debate requires a rational mind. Maybe you came to the right place after all.
- 1 vote
Well, I assure you, Killfile, middle class Americans would benefit from smaller government--and less social programs.
The "appropriate" regulatory interface between governments and markets is a topic of constant debate in the professional literature in political economy.
But hey, if you ASSURE us that your completely unsubstantiated and ideologically motivated statement is true, well, what more could we possibly ask for?
I feel better. Really.
- 2 votes
Republicans selling out America? Really now? Democratic Porkfest 2009 (aka "stimulus" which anyone with an ounce of sense knows is a cover story to play off the "hope" theme and distract the people from recognizing it for what it is) has grown to $1.5 trillion. All but three Senate Republicans refused to sell out America with a yea vote.
- 3 votes
You are wrong those 3 Republican Senators earned my respect, well actually Arlen Spector already had earned it, but the 2 ladies along with Senator Spector are the only Republicans who actually placed the welfare of the American people above the political interest of their political party.
- 4 votes
Rickace: thank goodness for the rest of the republicans for seeing a porkfest and calling it by its real name--and refusing to buy into it.
- 1 vote
you want my real and honest opinion?
I have no fuken idea who is right, I'm scared to death, I couldn't understand it if you guys spent the next ten years trying....
It does seem that history shows some kind of action is both needed and offers our best hope. Obama is my president and a smart one, his writing shows good clear thinking. Those are facts to me.
I am at least smart enough to see it is a time to row together.
So grab an ore and get pulling or shad up already.
but hey what do I know...
- 13 votes
I am rowing hard as I can. I am right with you ftmackinc. My job is stable, not sure about my husband or son-in-law. Losing alot of sleep these days.
- 7 votes
We are all losing sleep, those of us that work for a living or are depending on a small business for our livelihood. These are really uncertain times as we are all just a pink slip from unemployment and possibly the welfare lines.
- 4 votes
Well Well Well TG has rolled out his bailout, The President is in partisan territory giving a speech and not having to take serious questions. The dow is dn. 264 pts. as I write and everybody has a hand out. This summer has you travel the interstate and watch the construction going on, count the mexicans, legal and illegal working your jobs on your way to the unemployment office. Good Luck.
ohhh joe you hadda go there...
right into the racist malarky of blame those poor dirty and browner guys over there.
Well no sir no no no
It is racist and bigoted and foul period. It was wrong when it was done to blacks, yellows, women, gypsies, jews, the irish and on and on. And now it is just as wrong when done to what you like to call "illegals" as a cover for this stinking BS.
And Joe, don't try and kid me, I'm white, southern middle class and voted republican since Reagan. So spare me I'm a liberal whatever ok? I have been up against your kind my whole life.
You have a rotten mind, I can tell by what is leaking.
- 8 votes
I beg your pardon. I'm southern from Tenn. There is no bigotry involved here. This is reality. Was in construction sector myself for over 16 yrs. If you have not seen the influx of mexican labor, then you just ain't looking. When you walk thru Walmart and everything they have in center aisle is turned to Spanish wording to outside then you kind of get the picture of what is going on. You may hide your eyes but it is definitly there. I challange you to drive around construction sites in the south. If I am wrong then I will apologize. Keep your personal opinion of me to yourself and open your eyes. As far as bigrotry, I have Mexican friends, vietnamese friends, many African-american friends. Been to their homes as well as churches so spare me the junk
ok fine I will accept that as fairly said but.... I ask, without trying to be a wise ass, can you honestly not see that shifting the blame to one section of the population for this mess is not just illogical but the definition of bigotry and racism? Can you not follow the path of history straight thru from Nazi Germany and segregation up to today and the jingoisms that are a war against people....just people, whether Mexican or Costa Rican or illegal or gay or female or Korean or me or you? Just trying to get along in this world?
So I will believe that in your personal life you are exemplary in fairness and open respect for everyone. So if I have insulted you on that I bow and apologize.
But on this point then I will stand. Your statement reflects an idea and thoughts and then action I can not bear. I think on this I am right
Respectfully,
FT
- 2 votes
You better get out their and apply while you are driving by
- 2 votes
"I beg your pardon. I'm southern from Tenn"
Oh my God!! One of the largest per capita welfare recipient states there is!! You don't want the program? Cool!
- 3 votes
And according to the equally non-partisan Congressional Budget Office, the stimulus plan would be dangerous for the economy in the long run.
"CBO estimates that by 2019 the Senate legislation would reduce GDP by 0.1 percent to 0.3 percent on net. [The House bill] would have similar long-run effects, CBO said in a letter to Sen. Judd Gregg, New Hampshire Republican, who was tapped by Mr. Obama on Tuesday to be Commerce Secretary. "
http://www.washingtontimes.com/news/2009/feb/04/cbo-obama-stimulus-harmful-over-long-haul/
Have a nice day :)
Did you actually read the whole article? The Times puts quite a spin on that one.
The agency projected the Senate bill would produce between 1.4 percent and 4.1 percent higher growth in 2009 than if there was no action. For 2010, the plan would boost growth by 1.2 percent to 3.6 percent.
CBO did project the bill would create jobs, though by 2011 the effects would be minuscule.
Soooo... we get a boost between 1.4% and 4.1% in 2009 and a 1.2% to 3.6% boost in 2010 in exchange for a 0.1% to 0.3% hit in 2019.
How is that not a good deal?
- 5 votes
Do those figures include the 800 bil in Bailout 1, the 2 trillion that Geithner is going to demand for Bailout 2, the next Credit bailout for all the coming defaults on credit cards and mortagages due to current unemployment ? We are at - 10 Trillion since fall and counting. The coming inflation will be brutal and cause further unemployment. This is wrong headed legislation. Obama says only government can save the economy. The thing is that the Constitution does not allow the government to control the economy. In fact government interference is the cause of this mess in the first place. The basic truth is a nation cannot borrow and or spend itself out of a financial hole. This legislation will permanently cripple the US economy and commit our children to economic slavery for their entire lives.
FT
I accept your apology but I deal with reality not ideaolgy and the reality especially in the South is that Mexican labor force has increased 1000% in last 20 yrs. They are good workers by the way but will work for less money and have driven construction wages down. This is reality. Travel I-40 and just take notice.
Killfile
Have you read the bill. I would have hoped so before seeding an article like this. I read first 150 pages and last50 pages last night and saw mostly same old strings and red tape involved in recieving anything. I also didn't see any job creation.
- 1 vote
You don't see any job creation? What legislation are you reading?
A while back the GOP released a list of items in the stimulus that they reguard as wasteful and non-contributory to job growth. Even those items have the potential to create lots of good jobs.
I happen to have written an article detailing exactly that: How Not To Fight A Stimulus Package: Why the Republicans Dropped The Ball
- 3 votes
Good try. One more time slowly. D i d y o u r e a d t h e b i l l?
- 1 vote
I read a fair chunk of the House version. I haven't had a chance to read any of the Senate version.
Fair enough. Now did you see anywhere where people in manufacturing say around my area which have just shut down such as Whirlpool, Delta faucet, Wilson sporting goods,Daltile just to name a few are going to benefit outside having their unemployment extended? Infrastructure and construction sounds encouraging on the surface but they are not permanent jobs. I know since I was in construction at one time. Does making sure broadband is available nationwide ( if you read the restrictions on this would means this ideal is misleading ) put these manufacturing workers back to work? Wii allowing 640 million for more coupons for digital signal put them back to work. Would billions spent on education put them back to work. Is $20 a wk off your check really going to make a difference especially if gas goes back up. Will a one time 500 dollar ck. for a few really going to make a difference. These are just a few things which are in the bill and will not help these folks who have worked up to 30 yrs,in these plants. This bill is targeted all right just at the wrong targets
- 1 vote
I'm not sure where, geographically, your area is, but yes there are things in this bill that will help your area.
This is about Keynesian economics; it's about jobs that create jobs that create jobs that create jobs. Let's take the broadband expansion thing. That's going to involve laying lots of fiber, buying lots of switches and routers, and investing in our internet infrastructure.
That means we need to hire people to trench the cables, we need to buy the equipment, and we need to get the technical expertise out there to get it installed.
And those are jobs created right there, jobs that create income giving families the money they need to buy things like dishwashers and faucets and sporting goods.
But of course they also need to buy other things, cars and televisions and grapefruit and kitty litter and all sorts of other things and people make those things as well and increased demand there creates more jobs in those industries... jobs that likewise spur yet more people to buy dishwashers and faucets and sporting goods.
The fundamental idea here is that if you inject money into the economy at its lowest levels it will go through a lot of hands, doubly so if you do so by creating new jobs rather than simply handing out modest checks to people that already have jobs.
- 2 votes
How is handing out condoms going to create a job, and then another job and then another job?
- 1 vote
First, my understanding is that that's been nixed from the bill.
Second, even if it hadn't been, I think we can all agree that there are few things more economically destabilizing than a bunch of pregnant teens. I know you want to rail on about morals and sex and sexuality here but the fact of the matter is that teenage pregnancy doesn't predict well for professional advancement, higher education, etc - all of which are profoundly important as we transition into a knowledge based economy.
Making contraception more accessible will pay long-term benefits for the American economy that far outweigh the monetary cost of a few condoms.
- 4 votes
I think most pharmacies carry condoms, it isn't that difficult to get one, and we don't need to spend any more money on them. A person who is not responsible isn't going to use one. One who is, will walk into a store and buy one. We don't need the government buying anymore.
Killfile
Jobs that create jobs that create jobs is actually capitalistic and takes several years to accomplish. This bill was suppose to be immediate relief. Let's look at something people don't realize. So much is said about building schools, bridges etc. Do you know how long it takes just to draw up plans and specs for such projects. Usually up to a year and that is just the first step, Usually takes up to 1 1/2 yrs before construction begins then last avg. of 1 yr. That is not permanent jobs and too slow in process to really stimulate an economy unless done on a massive scale. Killfile, coming from someone who has dealt with both architects and engineers. Everything looks good on paper but rarely works out the same in real time. Even Obama himself is not sure this will work but states we have to do something now. I don't know about you but I always screw up when I get in a hurry. The same will happen here. I am a little tired of hearing "I inherited this recession" Well Mr. President you wanted it you got it. Quit making excuses. Also having an arrogant "I won" attitude is not change.
- 1 vote
Well, Susan M. Blake, PhD, Rebecca Ledsky, MBA, Carol Goodenow, PhD, Richard Sawyer, PhD, David Lohrmann, PhD and Richard Windsor, PhD all disagree with you. In their article in the American Journal of Public Health they conclude:
Adolescents in schools where condoms were available were more likely to receive condom use instruction and less likely to report lifetime or recent sexual intercourse. Sexually active adolescents in those schools were twice as likely to use condoms, but less likely to use other contraceptive methods, during their most recent sexual encounter..... Adolescents in schools with condom availability were more likely to use any contraceptive method
Which sounds to me like making condoms available in schools lowers teen sexual activity and lowers the incidences of risky sexual activity, both of which predict well for teen pregnancy and other complications.
- 3 votes
killfile and how is that going to improve our economy? This bill is nothing more than a senator wish list. Anything they ever wanted was added to this.
I already answered that in 16.7 but I'll be happy to reiterate it.
We live in a knowledge based economy and American economic productivity is greatly enhanced by affording our youth every opportunity to enrich their own educational experience. That means we want to send kids to college; we want to train them to take on professional trades; we want them - and as a consequence the economy as a whole - to move up scales of "value added profitability."
In short, the American economy is better served by a mechanical engineer than a janitor. That's not to say that we don't need janitors, but there's a reason why education is a national priority.
So now let's look at teen pregnancy. Would you say that having a child before one's 20th birthday makes one more or less likely to attend a college and pursue a professional degree? I'm guessing "not."
What is the lifetime benefit to the economy from preventing that pregnancy? Hundreds of thousands of dollars? Millions?
What is the cost of a condom? A quarter?
Do the math.
Not everything in this bill has to be short-term.
- 2 votes
No killfile, the cost of funding "safe sex" programs in public schools is $4.50 per child for the taxpayer, and the cost of funding "abstinence" programs is $1.00 per child. But, the highest factor in the decline of teen births is abstinence which accounts for 53% of the decline and contraceptives as only 8%. But, Dems still want to keep throwing more money into ineffective programs.
Do the math....no I will do it for you. It's called the Dems trickle down economy...my Dem buddies and cronies who run these programs will get their piece of the condom along the way. Increasing the cost of that condom from a quarter to dollar. So now the taxpayer has spent 75 cents for a condom with a lousy return on its investment, when he could of went out and bought a candy bar and paid the wages for a candy maker in Hershey, PA.
Some more right wing rhetoric. It sucks when the facts get in the way......
Population Services International (PSI), a USAID-funded group, uses aggressive and ubiquitous advertising campaigns to flood the media with a pro-condom message.
Over the course of the nineties, USAID shipped approximately 5 billion condoms abroad.(3) Billions of others came from the UN Population Fund, the UK’s Overseas Development Agency, and other providers. Yet, despite this flood of condoms into the developing world, the rate of HIV/AIDS infection continued to grow at startling rates. The number of victims increased one thousand-fold, from just over 40 thousand in 1990 to over 40 million in 2000. Why is this?
One answer may be suggested by a review of the scientific evidence on condom effectiveness conducted by the National Institutes of Health (NIH).(4) Citing a study by Davis and Weller, NIH postulated that condoms, if consistently and properly used, provide an 85% reduction in HIV/AIDS transmission risk.(5) While no one would deny that this reduction in risk is significant, it is far from being the perfect protection promised by the “safe sex” propaganda funded by USAID. Even paved with condoms, the road to promiscuity still leads to death.
The failure of condoms to provide perfect protection against HIV/AIDS is also suggested by studies of condom use for the prevention of pregnancy. Approximately 3% of couples who reported using condoms consistently and correctly (considered “perfect use”) are estimated to experience an unintended pregnancy during the first year of use.(6) If sperm can find their way around the latex barrier, then so, presumably, can the AIDS virus.
To further complicate matters, the presumed protection resulting from using a condom may lead to behavioral changes that completely negate the protection. For example, an individual who believes that consistent and correct use of condoms provides near-absolute protection against HIV/AIDS may engage in recklessly promiscuous behavior that they would otherwise avoid. Why? Because they have been led to believe that, by practicing “safe sex,” they are immune from contracting the disease. In this way, the rate of HIV/AIDS transmission may not be reduced at all by the “safe sex” message, but actually increase over time.
A recent article in The Lancet, a premier British medical journal, suggested that a condom-based approach, by creating a false sense of security on the part of users, had not only failed to stop the spread of AIDS, but had actually exacerbated the problem. The authors drew a parallel with the seat belt law, which was projected to dramatically decrease the number of traffic fatalities. Instead, the number of deaths remained roughly the same, as drivers took risks they previously would have avoided because they felt safer. (7)
Perhaps this is one of the reasons why, despite massive shipments of condoms overseas, the rate of HIV/AIDS infections continues to grow.
Only one African nation has successfully combated the scourge of AIDS. Uganda owes its success in combating AIDS, most health experts agree, chiefly to abstinence. "Uganda's outstanding success really has American heads turning," said Dr. Milton Amayun, World Vision's HIV/AIDS international program representative. "Experts in the U.S. are starting to see the value of teaching people to limit their sexual relationships within the context of marriage."(8)
Abstinence, not condoms, is the key to stopping the AIDS epidemic in Africa.
Thanks for some interesting information. It sure would be good to find something that works in slowing down AIDS in Africa. My hope for change would include something good happening for the people of that continent.
Killfile - You are just way out in left field all the time. Your using Wikileaks, come on, where is your integrity. From my sources, the CIA is watching you and your cell phone records are being investigated. lol. too funny.
- 1 vote
I don't know if you noticed, nohandouts, but the NSA is watching you and your cell phone - not just its records is being tapped.
So maybe I'm not so far out in left field as you think.
- 2 votes
And here we have the token post patronizing Wikileaks. It only took three hours by my count!
I figure most of the GOP bloggers (note, I said most, not all!) are gnashing their teeth and watching Fox News frame the stimulus as the Apocalypse.
- 2 votes
oh its worse than the Apocalypse, its "socialism" blah blah "welfare" blah "marxism"...............
- 1 vote
Any of you watch the Presidents speech today in Florida heard a real Republican politician when Governor Charlie Crist told the President that Florida needs the help for his state that is contained within the stimulus.
- 4 votes
Obama's goal is to increase the "welfare" dependency to insure he has enough people beholding to him to aid in his reelection. You help people by giving them a hand up, and not a hand out.
- 3 votes
exactly, which is what the President is seeking to do. Glad you agree!
- 4 votes
Being labeled "non-partisan" does not automatically mean that they don't have an ax to grind or an agenda to push. They could even be just plain wrong. This invoking of "non-partisan" smacks of information you must believe because it has been handed down from on high.
Lo and behold! A "non partisan" government study magically just in time that backs to a T what Obama wants and that Newsvine eagerly and uncritically accepts. How convenient! Nice try, but actual experience shows that government spending does not stimulate the economy. Consider how FDR's decade-long spending stimulus made the Great Depression last much longer than it normally would have. All previous recessions and depressions in America did not last very long because the government stayed out of the way of normal recovery. Even in the Depression of 1894, which rivaled the Great Depression in immediate economic pain, recovery began the next year and full employment was back in a few years. The experience of JFK's tax cuts, Reagan's tax cuts, and the capital gains tax cut of the 1990's (that Bill Clinton was wise enough not to veto) show that tax cuts which include the rich DO bring about prosperity. Studies, even "non partisan" ones, can be used to "prove" anything. Some of us prefer the lessons of what actually works.
Consider how FDR's decade-long spending stimulus made the Great Depression last much longer than it normally would have.
That's not actually true so much as a right-wing talking point that's enjoyed a lot of play recently.
All previous recessions and depressions in America did not last very long because the government stayed out of the way of normal recovery.
There's actually jack-all for data on those recessions so we really have no idea what they were like save through anecdotal accounts.
Some of us prefer the lessons of what actually works.
And failing that, it seems, you'll just make some crap up and pass it off as historical fact when it's really nothing of the sort.
- 3 votes
>From 1933 to 1940, the unemployment rate averaged 18 percent. As the 1930s ended, FDR's Treasury secretary, Henry Morgenthau, wrote in his diary: "We have tried spending money. We are spending more than we have ever spent before and it does not work.... We have never made good on our promises.... I say after eight years of this Administration we have just as much unemployment as when we started...and an enormous debt to boot!" ( from Thomas Woods book "Meltdown")
"Consider how FDR's decade-long spending stimulus made the Great Depression last much longer than it normally would have."
The above statement is completely inaccurate and typical of right wing distortion and their need to rewrite history. Just prior to WWII the depression pendulum started downward again after FDR began to take the advice of the conservatives in both parties. In fact if he continued with his original spending plan that would not have occurred.
No economist worth his paycheck thinks we could get out of this "depression" with tax cuts alone and it has been proven by history.
- 2 votes
Clive's Staples i don't understand your seed, wall street stole billions of dollars under the Bush presidency got all of the tax cuts they wanted and where are we now, in that stimulus bill the republican got tax cuts in it all for the rich, are you saying don't do anything.
- 3 votes
America is changing and we no longer can afford not to become more "socialistic" get over it.
The conservatives have made it clear that they do not understand the problem. Allowing the rich to get richer while the poor get poorer will drag us all down and we are witnessing just the tip of that iceberg.
The Dow was down nearly 400 points today yet again. The government counts the unemployed by how many apply for unemployment checks not how many actually are out of work or the number of people who have had their hours cut by 25% to 50% and more.
The Banks will continue to fail and not due to the lack of tax cuts for the rich.
- 3 votes
The Dow is down because the market freaked at the prospect of spending 2 trillion on TARP 2 and another 1tril on the so called Stimulus (forced Socialist debt into perpetuity )bill.
Without any intervention the market would recover and jobs and business would come back in a year or so. Banks which made bad investments should have failed. We would have taken a hit and recovered soon. As it is, we can count on a prolonged recession and high unemployment and inflation for a long time as a result of all this government "fixing" the economy.
By the way calls to Congress and Senate from the people are running over 100:1 against passing this bill. We the people defeated Amnesty and we can scrap this thing too.
- 1 vote
The DOW dropped today becaue the new Tax Cheat Tresury Sec said nothing specific in his plan.
red-said,
Without any intervention the market would recover and jobs and business would come back in a year or so.
According to who, you? There are many economist who would disagree.
By the way calls to Congress and Senate from the people are running over 100:1 against passing this bill.
Again, recent polling would disagree. People you cant just through stuff out there that you got from Fox News. You know they dont take the time to verify what they report on.
Respect.
- 1 vote
Here are the words of some who do agree. Full page add in the NY Times, Washington Post and Roll Call signed by 200 Economists including James Buchanan, who won the Nobel Prize in economics in 1986 for his work on how politicians’ self-interest and non-economic forces affect government economic policy. ________________________________________________________________—
There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy. (words of President Back Obama)
With all due respect Mr. President, that is not true.
They continue by saying:
Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.
- 1 vote
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