Paul Krugman argues that the political side of the Obama administration overruled the policy...

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HiSpeed Comments (1062)
 
I'm sure that Barry and the "Party of Dependency aren't surprised by what a disaster this is becoming when the objective was/is to get as many people as possible dependent on big govt for their livelihood. Those who called Barry a socialist from day 1 have been proven correct.

It's not that the misnamed "stimulus" was "way too small"; it's that it was little more than payouts and bribes to groups on the ultra-left that Barry and his ilk cherish so dearly as opposed to the creation of the jobs that would have people being productive and building infrastructure that would have benefited the country which would have been useful to everyone: Ind, Dem or Rep.
19 Jul 2010, 11:41 AM Reply Like

mowjo Comments (96)
 
To much attention to passing legislaton and not enough to emploment. Perhaps Dems are in a rush to pass pet legislation before a possible disappointing mid terms! That's my call. But, I've been wrong so many times here lately I not going to make any major wagers on my call.
19 Jul 2010, 11:44 AM Reply Like

asw0210 Comments (16)
 
When it didn't work for Japan, "it wasn't big enough". When it's not working for us, "it wasn't big enough". Keynesian economics in practice is one big that's what she said joke.
19 Jul 2010, 12:08 PM Reply Like

Spin Comments (237)
 
We don't practice Keynesian economics, because we do not save during the up cycle. We just spend, spend, spend...
19 Jul 2010, 12:35 PM Reply Like

asw0210 Comments (16)
 
crazy train economics.
19 Jul 2010, 12:50 PM Reply Like

Duude Comments (3274)
 
While I agree the creation of jobs is going to weigh on Democrats in the midterm elections, I don't believe it was a matter of spending as Krugman says. The stimulus could have been 2 trillion and if it still didn't create jobs, he'd be saying the same thing. He doesn't know anything else. I don't believe government can solve the issue through spending but by not getting in the way. Getting in the way is a matter of creating so many new rules for business as to stymie their willingness to hire due to all the new uncertainties that come with new rules. Our economy has the capacity to recover without government involvement. It takes time and a willingness for government to reduce uncertainties and not create them.
19 Jul 2010, 12:26 PM Reply Like

bigduder Comments (33)
 
I really don't think the jobs are coming back. I think the jobs were in a bubble along with everything else. What we have now is the new normal. I expect another stimulus is coming. You can always give, but can't take away. The huge debt is here to stay and I doubt anything other than smoke and mirrors will be used on it. What we have had the last two years, just project that out for the next two years. Doesn't matter who you elect.
19 Jul 2010, 12:45 PM Reply Like

glennbahia Comments (92)
 
Any studies of how much does the govt. have to "spend" to create a job and how real, permanent and productive are those jobs? Just curious- Anymore TVAs and Hoover Dams need building? At least FDR had something to show for the effort and expense - what can Obama point to?
19 Jul 2010, 07:45 PM Reply Like

asw0210 Comments (16)
 
Lots of new and newer roads.
20 Jul 2010, 12:28 PM Reply Like