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How would you fix the economy and budget issues?

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Old 07-01-2011, 12:35 PM   #1
firstdown
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Re: How would you fix the economy and budget issues?

Funny now the Dems are trying to say the Rep are sabotaging the economy for political gain. Thats funny because it was the right that said that 1 trillion Obama spent would not help and it looks like we were right. So I guess the only thing the Dems can try to do is blame the Rep.
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Old 07-01-2011, 01:09 PM   #2
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Re: How would you fix the economy and budget issues?

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Originally Posted by firstdown View Post
Funny now the Dems are trying to say the Rep are sabotaging the economy for political gain. Thats funny because it was the right that said that 1 trillion Obama spent would not help and it looks like we were right. So I guess the only thing the Dems can try to do is blame the Rep.
Greenspan concurs.

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Old 07-01-2011, 03:21 PM   #3
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Re: How would you fix the economy and budget issues?

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Greenspan concurs.

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The stimulas was around 870 billion and we have around 300 million us citizens if I'm correct. That works out to be around 2500 per person. Seems like given families the money directly would have really been a true stimulas. That would mean a family of 3 like myself would have received around 7,500. Wow imagine how much spending would have occured.
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Old 07-04-2011, 11:58 AM   #4
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Re: How would you fix the economy and budget issues?

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The stimulas was around 870 billion and we have around 300 million us citizens if I'm correct. That works out to be around 2500 per person. Seems like given families the money directly would have really been a true stimulas. That would mean a family of 3 like myself would have received around 7,500. Wow imagine how much spending would have occured.
The numbers in the 7th Quarterly Report (7 quarters since the "stimulus" was passed) released on Friday certainly don't help Big O. His own handpicked trio of economists put the report together, and it paints a pretty grim picture of just how ineffective this stimulus has been thus far. $278K spent for each job gained? Eeeesh.

Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job | The Weekly Standard
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