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$780,000,000,000 give or take

Texas said:
You brought up the Interstate highway system which BTW was built during a healthy economy, so I ask again, what is the equivalent in this "stimulus" bill?
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Are you having trouble understanding your own words or are you chosing to ingore where you said "Up until now this country was based on the free market..."?

So stop being coy and just tell us how the free market built the Interstate Highway system.
 
UnrepentantSinner said:
Are you having trouble understanding your own words or are you chosing to ingore where you said "Up until now this country was based on the free market..."?

So stop being coy and just tell us how the free market built the Interstate Highway system.
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It was paid for out of the defense budget. Now once again, where is the Interstate Highway system equivalent in the so called "stimulus" bill? You would have been on safer ground to ask about the TVA but then again there is nothing even close to that in this "stimulus" bill. Try again.
 
kallsop said:
If you thought Bush was a big wasteful spender, hold on to your shorts because there is a pro team in there now.
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At least Bush's idea of an “economic stimulus” was to directly give us back some of our own money. Obama, just like Clinton before him, thinks that putting together a massive package of the worst, most wasteful, most extravagant pork projects is what makes an “economic stimulus”. I much prefer Bush' version.
 
joobz said:
Except that he's building our nation.
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But that's exactly what the Bush Administration also intended - outside the US. :p

And maybe kallsop likes to see just that: A stimulus package for the army to fight whatever exaggerated offshore threat.

Also, $780,000,000,000 isn't that much money - if you start to waste one million a day, the amount would be gone in a lousy period of 2,137 years anyway.
 
I'm getting very sick and tired of these stimulus bills -- How many billions and trillions do these people need?
 
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quixotecoyote said:
I hear it's actually getting close to what we spent on Iraq.
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Only in money. He needs to kill several thousand Americans and a few orders of magnitude furriners to balance the equation.
 
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Rika said:
The current stimulus bill, that is, the one passed by the House of Representaives has pork at less than .2 percent of the entire thing.
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Different people use different meanings for the term "pork". If only, say, earmarks qualify as pork, then perhaps you are right (you haven't sourced that number, so I'm not sure what definition that source is using). But there's a lot of spending which isn't earmarked, but which I (and many others) would still call pork. So I don't accept this criticism.
 
Since when have the Republicans ever cared about deficit spending? They didn't seem to give two $#!@$ during the last 8 years.

A trillion dollars to conquer and occupy Iraq?..its all good.

Less then a trillion dollar to save our economy from a depression?...its bad bad bad!!!
 
parky76 said:
Less then a trillion dollar to save our economy from a depression?...its bad bad bad!!!
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You're making an assumption that this will save our economy. There is reason to believe it will not (such spending never has before). In which case, again, the size really does matter. I'm not happy about past deficit spending, but that hardly justifies ramping up that deficit to unprecedented levels.
 
how do u suggest we put steam back into the economy? more tax cuts?

what good are tax cuts if you don't have a job??
 
I voted for Obama in large part because the Republicans had such an incredibly bad, and proven, record of running up the national debt. I figured the Democrats could do no worse.

We'll see if I was wrong. It's not looking good so far, but he has been in office for less than a month. Or maybe I'm just looking at the new administration through rose colored glasses.
 
parky76 said:
how do u suggest we put steam back into the economy? more tax cuts?
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That would certainly be better than the proposed stimulus. In fact, how about a payroll tax holiday. It's easy to do (very little bureaucracy needed), it could start immediately, and it would even be progressive, with low-income earners getting the biggest percentage benefit. And it could be turned off quickly too if the economy starts picking up steam again.

The fact is, though, that we're in for a rough spot, and we shouldn't expect to be able to get through it without some pain. Trying to avoid any pain is likely to make things worse, not better.

what good are tax cuts if you don't have a job??
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Um... because they might help you get a job?
 
Please tell us the last time a major set of tax cuts got a nation out of a recession and made the economy grow again, reduced unemployment, and added well-paying middle class skilled jobs.

....not gonna hold my breath.
 
parky76 said:
Please tell us the last time a major set of tax cuts got a nation out of a recession and made the economy grow again, reduced unemployment, and added well-paying middle class skilled jobs.

....not gonna hold my breath.
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When's the last time it was tried? I guess it depends on whether or not you consider it major, but that's pretty much what happened in 2001-2002.
 
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