The Stimulus Seems to have failed

From last August ...

http://www.caseyresearch.com/editorial/3791?ppref=CRX175ED1010A

The government has an incentive to distort CPI numbers, for reasons such as keeping the cost-of-living adjustment for Social Security payments low. While there’s no question that you may be able to get a good deal on a new car or a flat-screen TV today, how often are you really buying these things? When you look at the real costs of everyday life, prices have risen sharply over the last year. ... snip ... On average, our basic food costs have increased by an incredible 48% over the last year (measured by wheat, corn, oats, and canola prices). From the price at the pump to heating your stove, energy costs are up 23% on average (heating oil, gasoline, natural gas). A little protein at dinner is now 39% higher (beef and pork), and your morning cup of coffee with a little sugar has risen by 36% since last October.
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Yeah ... inflation is currently at 1.9%. :rolleyes:
 
Ok, I just had to add. Sometimes I see stimulation in the morning when I wake up. Then it quickly goes away unless more stimulation is added. I guess the answer democrats are proposing is more stimulation until ejaculation. Its the economy stupid. How much am I getting paid for this?

I wonder what the economy is looking for in a partner anyway? Maybe we are not compatible and should not try to stimulate it because of harrassment issues.
 
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Tolls said:
I'm curious, but were you this opposed to the statistics produced during earlier Presidents terms?

I'm just asking because as far as I'm aware the calculation for the deflator hasn't changed much recently, has it?
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He's in favour of any definitions that support his belief system and against any that refute it. He will also happily flip between the “right” definition whenever convenient and generally thinks the official definitions are part of a giant communist conspiracy.
 
Tolls said:
I'm curious, but were you this opposed to the statistics produced during earlier Presidents terms?
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Did anyone at JREF post such statistics? I don't recall seeing them posted. And I didn't become aware of them until I started looking recently.

But yes, I think a case can be made that the American people have been lied to during many earlier Presidents terms.

Is that supposed to be a defense for the lies now?
 
lomiller said:
He's in favour of any definitions that support his belief system and against any that refute it. He will also happily flip between the “right” definition whenever convenient and generally thinks the official definitions are part of a giant communist conspiracy.
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I guess I just showed you, didn't I, lomiller. :D
 
mhaze said:
I sincerely doubt it, this time around.
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So let me get this straight... he/she gets in, enacts his/her policies to turn the country around and then every time there is bad news he/she says, "see my policies are not working; we are on the path to total collapse."

I don't buy it. They will do exactly what everyone else does... explain it away.
 
http://www.cnsnews.com/news/article/true-cost-fannie-freddie-bailouts-317-bi

June 06, 2011

(CNSNews.com) – The Congressional Budget Office (CBO) says the real cost of the federal government guaranteeing the business of failed mortgage giants Fannie Mae and Freddie Mac is $317 billion -- not the $130 billion normally claimed by the Obama administration.
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Oh well, another Obama lie down the toilet. Along with your money.

And by the way, the CBO is wrong.

The REAL cost of what Fannie and Freddie did (under the control of democrats) is far more than that.

Fannie and Freddie actions are a large part of the reason for the economy's collapse.

And if you add that cost in ...

:mad:
 
djpar said:
So let me get this straight... he/she gets in, enacts his/her policies to turn the country around and then every time there is bad news he/she says, "see my policies are not working; we are on the path to total collapse."

I don't buy it. They will do exactly what everyone else does... explain it away.
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Like I said, I sincerely doubt it this time around. But this time around IS when we find out if we are the U.S. of A(rgentina).

:)
 
BeAChooser said:
Did anyone at JREF post such statistics? I don't recall seeing them posted. And I didn't become aware of them until I started looking recently.

But yes, I think a case can be made that the American people have been lied to during many earlier Presidents terms.

Is that supposed to be a defense for the lies now?
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The question seems to be that you're only now taking issue with the means of calculating GDP growth, whereas you used the official GDP to defend presidents/policies you were in favor of in past threads. Take, for instance, an argument you commonly bring up in threads on socialized medicine. You frequently assert the superiority of the US healthcare system based on the per capita GDP of the US as opposed to nations with socialized medicine. Are you now, in the face of your beliefs in the flaws of measuring the GDP*, willing to state that this argument of yours is unproven until the GDP of the US and those nations with socialized medicine are recalculated?

If not, it certainly does seem that you're willing to use whatever measurement of GDP is the most convenient for you at the time.

* It'd be prudent to note that you've suggested no alternatives for measuring the GDP.
 
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