The Stimulus Seems to have failed

joobz said:
Seems to me you've been doing an excellent job at facilitating numbers 2, 3 and 4.
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LOL! You didn't even bother to read the linked article, did you joobz? Because 2, 3 and 4 aren't what you think, if you think I've been doing those things. :D
 
THEN ...

http://www.usatoday.com/news/washington/2008-12-07-obama-economy_N.htm

Obama eyes 'shovel-ready' fixes in a long recovery

12/8/2008
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http://www.washingtonpost.com/wp-dyn/content/article/2009/01/07/AR2009010703662.html

January 8, 2009

… snip …

This is America on the eve of the Obama era.

Shovel-ready.

He keeps telling us so. On "Meet the Press," fill-in host Tom Brokaw wants to know how quickly Barack Obama can create jobs, and the president-elect promises to move fast. After all, he says, he's met with a bunch of governors "and all of them have projects that are shovel-ready."

Announcing his energy team, Obama beams about "shovel-ready projects all across the country." Unveiling his choice for education secretary, Obama plugs his plans "to start helping states and local governments with shovel-ready projects.
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http://www.upi.com/Top_News/2009/03/03/Obama-Shovel-ready-jobs-already-on-move/UPI-89431236123389/

Obama: Shovel-ready jobs already on move

March 3, 2009

… snip …

Through the American Reinvestment and Recovery Act, "we will be investing $28 billion in our highways, money that every one of our 50 states can start using immediately to put people back to work," Obama said. "I can say that 14 days after I signed our Recovery Act into law, we are seeing shovels hit the ground."
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AND NOW ...


http://www.cbsnews.com/8301-503544_162-20019468-503544.html

October 13, 2010

Obama: "No Such Thing as Shovel-Ready Projects"
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No wonder his administration threw more than 800 billion dollars down a hole. He was wrong again.

So tell me, those of you who are still Obama supporters, is the recovery "shovel ready" yet? :mad:
 
BeAChooser said:
LOL! You didn't even bother to read the linked article, did you joobz? Because 2, 3 and 4 aren't what you think, if you think I've been doing those things. :D
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I was going off of the defining concept of 2, 3, 4. not how they were trying to apply those concepts to the current administration.
 
BeAChooser said:
AND NOW ...


http://www.cbsnews.com/8301-503544_162-20019468-503544.html

there's no such thing as shovel-ready projects
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No wonder his administration threw more than 800 billion dollars down a hole. He was wrong again.

So tell me, those of you who are still Obama supporters, is the recovery "shovel ready" yet? :mad:
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How odd that that quote only shows up on blogs and no primary news sources. How odd that none of them quote the context even of the full sentence.
 
Cavemonster said:
How odd that that quote only shows up on blogs and no primary news sources.
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LOL! I see you don't know how to use your browser.

Here's THE primary source, an article by a New York Times reporter who interviewed Obama in September in the New York Times:

http://www.nytimes.com/2010/10/17/magazine/17obama-t.html?_r=1

Education of a President

By PETER BAKER

Published: October 12, 2010

… snip …

While proud of his record, Obama has already begun thinking about what went wrong — and what he needs to do to change course for the next two years. He has spent what one aide called “a lot of time talking about Obama 2.0” with his new interim chief of staff, Pete Rouse, and his deputy chief of staff, Jim Messina. During our hour together, Obama told me he had no regrets about the broad direction of his presidency. But he did identify what he called “tactical lessons.” He let himself look too much like “the same old tax-and-spend liberal Democrat.” He realized too late that “there’s no such thing as shovel-ready projects” when it comes to public works. Perhaps he should not have proposed tax breaks as part of his stimulus and instead “let the Republicans insist on the tax cuts” so it could be seen as a bipartisan compromise.
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And here's an article in the NY Times Blog the next day by Michael D. Shear. He also works for the NY Times (http://thecaucus.blogs.nytimes.com/2010/08/27/welcome-mike/ ).

http://thecaucus.blogs.nytimes.com/2010/10/13/president-obama-looks-forward-and-back/

In the magazine article, Mr. Obama reflects on his presidency, admitting that he let himself look too much like “the same old tax-and-spend Democrat,” realized too late that “there’s no such thing as shovel-ready projects” and perhaps should have “let the Republicans insist on the tax cuts” in the stimulus.
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And how about this for a primary source? It's the transcript from a video of David Brooks of the NYTimes being interviewed by Jim Lehrer of PBS about the "there’s no such thing as shovel-ready projects" quote:

http://www.realclearpolitics.com/vi...e_shovel-ready_jobs_dont_exist_last_year.html

DAVID BROOKS, NYT: Yes. Well, I shouldn’t have confessed this. He said this to me off the record about a year ago. But it hasn’t…



JIM LEHRER: Off the record? So, then you can’t talk about it.



DAVID BROOKS: Yes, because Peter Baker is a better journalist than I am, because I couldn’t get him to go on the record with that thing.



JIM LEHRER: He said this to you a year ago?



DAVID BROOKS: It was obvious. I mean, you are trying to build a stimulus package. And when they were trying to build it, believe me, they would have loved to have filled it with infrastructure jobs. But the projects just didn’t exist. They couldn’t do it. They couldn’t find them.
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So in other words, Obama and the media have known for a long time that the "shovel - ready" jobs claim Obama made back in 2008 and early 2009 was false. And hid it from the American people.

In fact, here's Obama's administration in December 2009, less than a year ago, keeping alive the myth of shovel ready jobs:

http://www.whitehouse.gov/the-press...losing-session-forum-jobs-and-economic-growth

We got some good, hardheaded feedback from people like Doug Holtz-Eakin and others about how we have to do this more effectively -- how can we measure the costs and benefits of infrastructure investment; how can we make sure that shovel ready actually means shovel ready; how can there be more effective coordination between federal, state, and local governments in order to maximize the benefits of our infrastructure spending.
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And here's the Obama administration claiming in June of 2010 that they've made progress through shovel-ready jobs:

http://www.whitehouse.gov/sites/default/files/RecoverySummer_Report.pdf

Between this tax relief, direct aid, and shovel-ready projects, the Recovery Act has already put to work $620 billion dollars, and created or retained between 2.2 and 2.8 million jobs.
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In short, knowingly lying, since Obama was telling reporters a year ago that there were no shovel ready jobs. Tell me, Cavemonster, when are you liberals ever going to admit you've been taken for fools by Obama and the mainstream media? :D
 
Right after you admit that you have nothing more credible than blogs, and no mainstream conservative media organization backs up anything you've said in this entire thread.
 
joobz said:
DC is only democrats?
Wow. Who knew.
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Some of you are not being honest. If this were a Republican President and Republican controlled Congress, you would be crying foul.

Remind me again which Whitehouse economist predicted the passage of the Stimulus would result in the worst stretch of unemployment since the Great Depression?

Crickets.
 
http://www.cbsnews.com/8301-503544_162-20019931-503544.html

New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office.

… snip …

The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012.
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That's far more than the entire increase in the National debt under Bush.

Now obama and his supporters defend his debt as follows:

First, they claim he "inherited" his large deficit from Bush … despite his own Senate votes in favor of nearly every policy that created the deficit. But for that argument to hold water, shouldn't he be trying to reduce the deficit? After "inheriting" a projected $1.2 trillion deficit for 2009, he's has only pushed through even bigger ones. In fact, the very nature of his claim that deficit spending can end recessions suggests that even if he hadn't "inherited" a big deficit, he'd have created one anyway.

And second, Obama has claimed he will cut the deficit in half by 2013 from what it was under Bush. But this is a bogus assertion since all but one year of Bush's 8 year term saw deficits well under $400 billion. Only the last year saw a deficit over that, and that could arguably be because of a recession that democratic actions over the preceeding decades and a democrat controlled Congress (starting in 2006) helped bring about. There is no way that Obama is gong to even come close to bringing deficits back down to $400 billion when he quadrupled the deficit his first AND SECOND years in office. And by Obama's own projections, deficits will never drop below 700 billion and will rise back up over $1 trillion by 2018. It's all smoke and mirrors.

The reality is that George Bush ran $300+ billion deficits while fighting a major war. He had an excuse. Obama is now promising us permanent $1 trillion deficits even after America returns to peace and prosperity. For which there is no excuse. Do ANY of you JREF liberals begin to understand the implications of that? I've my doubts when you can't even bring yourself to admit that the Stimulus failed. :D
 
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