September unemployment is 9.8 percent

[Schneed10]

Originally Posted by firstdown

So at what point do we declare that the stimulas bill didn't work or do we just keep waiting until things to turn around to declare its was a sucess?

Well to make a declaration like that you have to do a lot more digging than just looking at September's 9.8% and summarily passing judgment.

You have to analyze jobs to ascertain:

- How many people would be unemployed if the stimulus wasn't passed? Would it be more than 9.8%?

- How many people have adjusted their standard of living? For example, my wife became a stay at home mom last month. She's not looking for another job, but she doesn't want one either.

- How many jobs have been created by stimulus funds to date? How many are planned?

- How many jobs have been created/lost thanks to economic conditions. These creations/losses would happen regardless of stimulus.

It's a complicated exercise to accurately determine whether stimulus worked. Don't be a headline grabber when it comes to this stuff, focusing on the headlines leads to thoughtless debate and a lack of critical thinking.

[firstdown]

Originally Posted by Schneed10

Well to make a declaration like that you have to do a lot more digging than just looking at September's 9.8% and summarily passing judgment.

You have to analyze jobs to ascertain:

- How many people would be unemployed if the stimulus wasn't passed? Would it be more than 9.8%?

- How many people have adjusted their standard of living? For example, my wife became a stay at home mom last month. She's not looking for another job, but she doesn't want one either.

- How many jobs have been created by stimulus funds to date? How many are planned?

- How many jobs have been created/lost thanks to economic conditions. These creations/losses would happen regardless of stimulus.

It's a complicated exercise to accurately determine whether stimulus worked. Don't be a headline grabber when it comes to this stuff, focusing on the headlines leads to thoughtless debate and a lack of critical thinking.

The stimulas is one of those things that the left will at some point will say it worked and the right will point to stuff and say it failed and we will never know. You and your wife are like us and made the decision for her to stay at home with the little one which is great for the child. My wife actually has an at home business which does bring in 4 to 5 grand a year.

[Trample the Elderly]

Originally Posted by Schneed10

Well to make a declaration like that you have to do a lot more digging than just looking at September's 9.8% and summarily passing judgment.

You have to analyze jobs to ascertain:

- How many people would be unemployed if the stimulus wasn't passed? Would it be more than 9.8%?

- How many people have adjusted their standard of living? For example, my wife became a stay at home mom last month. She's not looking for another job, but she doesn't want one either.

- How many jobs have been created by stimulus funds to date? How many are planned?

- How many jobs have been created/lost thanks to economic conditions. These creations/losses would happen regardless of stimulus.

It's a complicated exercise to accurately determine whether stimulus worked. Don't be a headline grabber when it comes to this stuff, focusing on the headlines leads to thoughtless debate and a lack of critical thinking.

-You also have to factor in how many anti-aircraft carrier missiles the CHICOMS can buy with the interest off the money we've borrowed from them.