This is a disaster building with each and every stupid government decision. They say they will keep the stimulus spending up. Guess who has to pay that stimulus debt back? EVERY SINGLE TAX PAYER!! The government is not only broke, they are extremely deep in debt. This stimulus will have to be paid back.
This is eventually going to end even worse than it was during the last Great Depression because this time we have mountains of debt to also contend with.
Im guessing no one that left a comment has even taken a economics class. Yes lets stop the stimulus, the economy will just work it self out right?
Az, the economy might not get better but at least the government won't be propping it up with our tax dollars or spending us all into oblivion. And it's not creating any jobs (which is obvious by the fact that unemployment is at over 10%). It's also killing the dollar.
Capitalism can be argued to be the best system man has ever seen and for the most part that is true. I know I agree with it. But having said that capitalism is fundamentally flawed that has built in release valves. You can't just keep blowing up the balloon and expect it to never pop, you have to let the air out at some point so you can keep on going.
That is how the economy will recover on its own like it always has. As soon as the money makers stop making the money they want then they let things come back down so people will start spending again.
People talk as if all that money just simply disappeared, well it didn't. It only changed hands. It's all a part of the circulation of the economy.
Because of this disaster, I am now able to afford to buy a house that I'm getting ready to close on. IT WILL RECOVER
DONT BLAME ME I DIDNT VOTE FOR HIM I ALREADY HAD THAT MAN FIGURED OUT.HE LIKES TO MAKE SPEECHES LIKE BILL CLINTON TELL THE PEOPLE WHAT THEY WANT TO HEAR.
the G20 is a cabal of demented judeo-semitic bankers who control the socioeconomic policies of every nation on the planet through their central banking cartel...their present objective is to transform the white western nations into de-industrialized multicultural third world pits through immigration, "outsourcing" and miscegenation...
Of course it's too early to end the stimulus... There's probably an errant Billion or two Osama and Crooks overlooked. They can throw it away on NASA to the tune of Millions , or just plain give it to Dodd, and Fwank. to cut out the middlemen. The Lobbyists. How about another Clunker plan. Spun to make it look successful, it cost $26,000 a vehicle. Their arithmetic for that was like the way they figure Unemployment . Lose a few here and there to look good. The only thing the shovel in the ground helped was the Hardware Stores. I hope they get them back before Spring. How about having FEMA get our Trailers back from the lazy New Orlean wastes. $76,000 a piece is a step up for them , and we'll never get them back.And just think how much it will cost to have all the toilet seats changed.
Damien V is right. I've read this Copenhagen treaty put on by these same swindlers and their friends. What he is saying is true. They plan on controlling everything through a world policing system. A world govt ran by them, micromanaging and enslaving US for their amusement. They want to control the food and our agriculture, all of our industries, our electricity use, our forestry use, individual taxes for 'exhaling CO2'. They want to abolish private property rights, force people into the cities, and redistribute our wealth'. It's sick, sick, sick. Please read this monstrosity for yourselves. I love the freedom loving America that I was born and raised in. I want to keep it that way. We've got to stand against these people, they are wrecking our country and stealing our freedoms right in front of our eyes.
I can't even explain how disappointed I am with the way our gov't is acting. I've been somewhat depressed at the thought of what my future and my son's future holds. I've given up hope that any human being can fix this, esp. with what Pelosi, Reid, Frank, Dodd, the great messiah POTUS (& many others) is trying to cram down our throats.
Not to get all phylisophical or religious to those that don't believe, but I've been praying so much for the strength to get through this storm, really. I'm worried for our country AS WE KNEW IT - I do not recognize what it's becoming. It scares me, and what will be, will be. I have no power over this.
We are in for some very, very tough times ahead as Americans. My friend says to go get some "happy pills". I don't do drugs and RARELY drink, but I'm thinking if I did, a BIG OL Mary Jane ciggy and TALL Bourbon and Coke will make me forget this $hit going on, at least temporarily.
THINK THE STIMULUS SAVED 650,000 JOBS?
Newspapers are investigating govt stimulus #'s & they don't add up
EXAMPLE 1.
North Chicago got 4.7million & feds say saved 473 teacher jobs but they employ only 290
Kankakee School District 111, stimulus report logged 665 full-time jobs saved. A top Kankakee school official said, the entire payroll full & part time is only 600 workers
http://www.chicagobreakingnews.com/2009/
11/data-on-stimulus-related-jobs-saved-created-d
ont-add-up.html
EXAMPLE
2
USA Today reported the manager of a public housing project in Blooming Grove, Texas, reported a gain of 450 jobs for $26,174 in stimulus funds for maintenance projects.An inquiry found he'd hired 6.
Some #s are hard to swallow. Plymouth, Conn., Police Dept reported gain of 108 jobs w/ a grant of $15,355
http://www.upi.com/Business_News/2009/11
/03/Stimulus-job-gains-in-question/UPI-489012572
58422/
“Why did that have to turn into an insult on liberals? Seriously, why? What was the point of that …”
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