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View Full Version : How's that stimulus working out for ya?


andymays
12-18-2009, 05:54 PM
Nine Months After Stimulus 49 of 50 States Have Lost Jobs :eek: :confused:

America Now Over 6 Million Jobs Shy of Administration's Projections :eek: :confused:

http://republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=164206

Excerpt:

Washington, Dec 18 -

The table below compares the White House's February 2009 projection of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment through November 2009 (the latest figures available). According to the data, 49 States have lost jobs since the stimulus was enacted as unemployment has skyrocketed to 10 percent. Only North Dakota and the District of Columbia have seen net job creation following the February 2009 stimulus (though both fall short of seeing the promised level of job creation). While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost over 2.6 million – a difference of 6.1 million jobs. To see how stimulus has failed your state, see the table below.

For table click the link: http://republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=164206

newtothegame
12-19-2009, 01:17 AM
Might be a contributing factor.......:bang:

Democratic Districts Won Twice as Much Stimulus as GOP Districts, Study Shows



FOXNews.com



Democratic districts have received nearly twice as much stimulus money as Republican districts and the cash has been awarded without regard to how badly an area was suffering from job losses, according to a new study.

The Mercatus Center at George Mason University reviewed the distribution of $157 billion in stimulus dollars based on publicly available reports and found that there was "no statistical correlation" between the amount of money a district got and its income or unemployment rate.

"You would think, right, that if the administration believes in its theory that government money can create jobs, they would spend a lot of money in districts that have high unemployment," study co-author Veronique de Rugy said. "We found absolutely no relationship. It just kind of shows that the money is spent kind of randomly."

Rather, the study found that Democratic congressional districts received 1.89 times more money than GOP districts. The average award for Democratic districts was $439 million, while the average award for Republican ones was $232 million.

On average, Democratic districts also got 152 awards, while Republican ones got 94.

more at the link http://www.foxnews.com/politics/2009/12/18/democratic-districts-won-twice-stimulus-gop-districts-study-shows/

bolding done by me.....

Tom
12-19-2009, 10:39 AM
Obama and the dems have lived down to their expectations.
A bunch of friggin losers, one and all.

mostpost
12-19-2009, 11:17 AM
1. You're comparing projected figures at the end of 2010 (WHICH HASN'T EVEN STARTED YET) to actual figures in Nov 2009.
2. Job losses have been dropping for several months. They were 11000 in November as compared to over 500,000 in November 2008.
3. In 2009 job losses were about 2,600,000; about the same as the last four months of 2008.
3a. losses for the first two months of 2009 should be on the Bush balance sheet.
4. You can't say we lost 6.1M jobs, because (a) we never had 3.5M of those jobs and you can't lose something you never had, (b) we have not yet entered the period in which the jobs will be created.
5. A question. When you post this stuff, do you think we are idiots who will not see through it or do you not care what kind of idiots we are?

andymays
12-19-2009, 12:53 PM
1. You're comparing projected figures at the end of 2010 (WHICH HASN'T EVEN STARTED YET) to actual figures in Nov 2009.
2. Job losses have been dropping for several months. They were 11000 in November as compared to over 500,000 in November 2008.
3. In 2009 job losses were about 2,600,000; about the same as the last four months of 2008.
3a. losses for the first two months of 2009 should be on the Bush balance sheet.
4. You can't say we lost 6.1M jobs, because (a) we never had 3.5M of those jobs and you can't lose something you never had, (b) we have not yet entered the period in which the jobs will be created.
5. A question. When you post this stuff, do you think we are idiots who will not see through it or do you not care what kind of idiots we are?


Contact

Ways and Means 1139E Longworth House Office Building
Washington D.C. 20515
(P) 202-225-4021
(F) 202-225-5680

ArlJim78
12-19-2009, 01:54 PM
I said right up front that the stimulus was about stimulating votes, not jobs. It was a payoff to party loyalists by way of the US treasury.

DJofSD
12-19-2009, 02:05 PM
5. A question. When you post this stuff, do you think we are idiots who will not see through it or do you not care what kind of idiots we are?

Does not make any difference to me what kind you are - an idiot (http://www.albinoblacksheep.com/flash/youare) is an idiot. Or, a rose by any other name would smell as sweet.

mostpost
12-19-2009, 02:24 PM
Does not make any difference to me what kind you are - an idiot (http://www.albinoblacksheep.com/flash/youare) is an idiot. Or, a rose by any other name would smell as sweet.
Thought you'd like to know that link you posted is a regular feature on Stephanie Miller's radio program. It's always used in reply to some thing said or done by a Republican. :lol:

Tom
12-19-2009, 05:25 PM
Stephanie - used to called Sister Sleeze. She lived up to the moniker. She was a side kick here to a certified idiot. Classless bimbo.