Quote:
Originally Posted by Gozer
|
The majority of jobs Obama preserved were government jobs. Most of his stimulus went to the States to preserve Union jobs. The problem with that tactic was when the money is spent those jobs will be lost anyways. Also, it slowed most States from doing the belt tightening they need to do. Government workers high salaries and pensions are a major drain of State and County revenue. Its not suprising that the CBO would believe that the stimulus preserved millions of jobs. All you have to do is convince them that GM and Chrysler would shut its doors forever without government intervention and that the State's projected loss of teachers, cops, and firefighters were true. If you feed the CBO garbage its conclusions will be garbage.
Quote:
Originally Posted by Gozer
I concede that Obama said that unemployment would remain under 8% with his bill, but I doubt that even you consider that claim to be a reliable foundation for evaluating the success of the stimulus.
|
What Obama made there was a trillion dollar promise. You can't treat it as just another broken election promise because of the money attached to it. American tax payers have every right to expect the promised results when they are paying such a premium price. Dipping above 8% briefly would have been one thing but, to be that wrong with that amount of wealth spent is unforgiveable.
And again it needs to be acknowledged: Obama isn't responsible for this down turn but, he took the job fully aware of the challenges before him. 3 years in is a little late to be giving Obama a pass because he didn't create the mess.