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Stimulus

Forums > Community > Politics
:iconsalamanderlich:
~SalamanderLich Jul 14, 2009
Do you think it's working?

Some say it's too early to tell - but is it not possible to see its current or future impact?

Biden's said that the economy was much worse than they thought. Obama has not taken the possibility of a second package off the table.

They say that it has/will create/save jobs - I keep hearing "Well, how do you prove factually that 'jobs have been saved because of it'", so how would you?

Do you approve of another bailout?

What do you think about the deficit going over 1 trillion? [link]

Also: [link]
(I'm guessing the figures are accurate - this isn't about the philosophy just the figures)

(Oh, I don't know if the matter has become a "dead horse" yet, so I apologize if it has.)

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I made you a signature but I eated it.
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Devious Comments

:iconandr0o:
~Andr0o Jul 19, 2009  Hobbyist Writer
Presents!

[link]

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"Because to influence a person is to give him one's own soul... His sins, if there are such things, are borrowed. He becomes an echo of someone else's music, an actor of a part that hasn't been written for him." - Lord Henry, "The Picture of Dorian Gray"
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:iconcrotale:
~Crotale Jul 19, 2009
[link]

[link]

You tell me, brother.

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Let me explain to you how this works: you see, the corporations finance America, and then America goes out... and the corporations sit there in their... in their corporation buildings, and... and, and see, they're all corporation-y... and they make money.
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:iconthethunder:
~TheThunder Jul 18, 2009
First, it's too early to tell. Second, I have to wonder about the actual intention behind this crisis stimulus that's, for some reason, designed to not pay out in its entirety until at least the end of 2010. Something so expansive time-wise is hardly to way to patch-job the economy...it seems like an attempt to control the economy over the long tern.

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I'm right.
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:iconculturalrider:
~Culturalrider Jul 16, 2009
You are entering the US economy. You are entering... the twilight zone.

China: "Where's your industry?"

America: "...We have a really strong service economy."

China backs away slowly.

China: "Quick. Buy up American assets!"

2 years later.

America: "Why are all the stores empty?"

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[link]

With great art tutorials and discussions.
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:iconstephenl:
*StephenL Jul 16, 2009
I see the situation this way. All this government spending will have to lead to higher taxes since the likelihood of the average person seeing significant increases in their income levels through prosperity and better opportunities is highly unlikely. If prosperity and significant increases in the average persons income were possible this would eventually lead to higher levels of tax revenue to pay off the deficit.

The government has put a temporary halt on the downward spiral of economic collapse and decline yet this is a temporary form of relief. In a couple of years you will see the actual long term results. There are two very negative problems right now; high energy costs, and out of control deficits in government spending and international trade balance.

While we have some temporary relief from things getting worse, what will happen when the government stimulus money stops? Will the investment in saving the economy produce a worth while improvement? Only time will tell. There are a lot of serious problems that could produce negative consequences.

Another question here is all this money spent to bail out financial institutions is very suspicious. Was this the greatest government swindle of taxpayers money to transfer wealth to some other invisible and yet unknown means to an end? You cannot trust the wealthy and elite, they lie and cheat at everything to get ahead, that is what they call a positive attitude. Historians that try to uncover the reasons for the decline of great nations always find corruption while viewing from hind sight.

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The Road to Infinity Is Paved With Endless
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:iconpunkerfox:
*punkerfox Jul 15, 2009  Hobbyist Writer
So far, no. I'm not obtaining any more wealth and prices are going up for goods.

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"YOU CAN'T CUT BACK ON PONIES! YOU WILL REGRET THIS!"~Transportation Secretary Celestia
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:iconmci021:
~mci021 Jul 15, 2009  Hobbyist Artisan Crafter
"Do you think it's working?"

I am of the "it's too early to tell" school of thought. If anyone honestly expected to see visible signs of an improving economy before January 2010, they are somewhere between naive and overly optimistic.

"Do you approve of another bailout?"

Bailouts are another coversation entirely and really, I think adressing one major financial topic per thread is about all you or I want to handle.

"What do you think about the deficit going over 1 trillion?"

I think you need a more current source.

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"She generally gave herself very good advice, (though she very seldom followed it)." -- Lewis Carroll
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:iconsalamanderlich:
~SalamanderLich Jul 15, 2009
"I think you need a more current source."
Such as?

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I made you a signature but I eated it.
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:iconmci021:
~mci021 Jul 15, 2009  Hobbyist Artisan Crafter
It's your source dude. You figure it out. I'll give you a hint, though - you might want to find something that doesn't refer to a man who's been a sworn and sitting president for the last 6 months as "the President-Elect."

--
"She generally gave herself very good advice, (though she very seldom followed it)." -- Lewis Carroll
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:iconsalamanderlich:
~SalamanderLich Jul 15, 2009
lol :bucktooth:

July 13th, 2009: [link]

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I made you a signature but I eated it.
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