Hold on, the Federal government passed an 800 billion stimulus package last year that could only “save” 1,6 million jobs since October 2008 (in contrast, 8,4 million were lost) and they think a 80 billion bill can make a difference? Don’t they see what’s really going on? Printing money out of the thin air and, as Liberty puts it, “giving it to failing industries”, doesn’t work!
Second Stimulus Bill to Cost “Only” $80 billion
By Jacob Galt Tuesday February 9, 2010
Mitch McConnell, the Senate Republican leader, has just announced that the ‘jobs’ bill will cost 80 billion dollars.
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Hey, you gotta spend money to make money!
FTA: The solution is . . . . .
. .. wait for it . . . . .
No government regulations.
Gee Cherman, you are an idiot.
They haven’t even finished spending the first program. (are the Dems holding off for the November elections?)
If they want an immediate shot in the arm, they should do a payroll tax reduction
[quote]# 1 brm said, on February 9th, 2010 at 12:59 pm
Hey, you gotta spend money to make money!
[/quote]
LOL … yep, cry or laugh, two choices.
Sometimes when I spend money I just end up with a bunch of useless crap and a credit card bill!
Bobo,
And the new “Stimulus” Regulates what exactly? Admit it, Obama is Bush III
Partisan Morons like you are why the Central Banks were able to destroy the economy so they can come in and buy the country up cheap.
$80 billion / $250,000 per year per person = 320,000 jobs saved or created
#6–Breetai==must have been sumting I said on some other post because you jest ain’t makin cents.
By implication, you “think” the way out of our current circumstances is to have NO GOVERNMENT REGULATIONS?
Really? As stated, THAT is so stoopid, I do assume you are actually responding to some other stimulus.
Now, where have I posted I support Obama? How many times have I also criticized him for being Bush(theRetard) light?
Fiscal Conservatives like me never thought the Banks should be allowed to leverage their assets. Fiscal Conservatives like me never thought “everyone” should be a home owner.
But keep that rubber stamp of yours handy. I’m sure your inane partisan deep thoughts will come in handy on some other post.
Heh, heh.
Palin thought spending $80B for a new war was more prudent.
However, she didn’t say ‘prudent’, she said “more better”.
Regardless to whether the stimulus is good or not, 80 billion is a TINY number in terms of comparing it to the size of the U.S. economy. If you want to do a proper stimulus, I wouldn’t hesitate to go beyond a trillion.
Yes, yes. 80 billion dollars is a huge money in absolute terms. But compared to the US economy, that ain’t a lot.
Sure, no problem. We’ll borrow the money from China then use it to hire people to work for the government.
All China will except back is a lot of interest and for use to turn around, bend over and spread our cheeks any time they tell us to.
#10,
Small business is in the toilet because the big businesses have taken over all the small businesses, because of a lack of regulation and over site of monopolies.
For example, the vast majority of the restaurants in your town are owned by big business.
The auto repair company is probably a big business.
The computer repair company is probably gone, head on over the Best Buy and the Geek Squad.
The Gas stations are all owned by big businesses.
Even construction and remodeling is all governed by Lowes and Home Depot.
There has been a near total collapse of small business resources… Your small business networking opportunities and organizations have pretty much all folded.
Your grocery is probably a big business…
Just 20 years ago, towns used to have local small town banks, those are all long gone.
It used to be that virtually every company in every town was locally owned and operated. That is not the case anymore. That is also the segment that used to drive economic recovery, but now that it is gone, and we are in an actual big R recession, rather than a business cycle slowdown, there is nothing to drive the recovery. Because for average Joe American, none of these companies pay anything more than a subsistence income.
You may delude yourself that my argument comes from a liberal standpoint, but it does not. It comes from Small Business trade groups, who have been raising the alarm bells about the decline and collapse of the small business environment in America for almost 20 years now.
Without regulation of big business to the point of its destruction there is no recovery. Yes, some times the medicine tastes bad, but what is needed is coercive and destructive regulation on businesses that operate over state borders.
Let’s see, $800 billion to bailout the criminals who caused the crisis, $80 billion to help their victims. Sounds about right, and when the disaster finally strikes and the dollar isn’t worth the paper it’s printed on, they’ll have no place to hide and no way to pay someone to protect them. A bloody revolution is in the works. I wonder what baked banker tastes like?
Probably tastes like pork.
#13, I work for a small business and the things the #10 mentioned are big deals. A lot of our customers are small businesses as well, although we do have some large corporate customers.
“For example, the vast majority of the restaurants in your town are owned by big business.”
Not really. The barbecue place, the Mexican place, and all the pizza places in my town are small businesses. They just have one or two locations.
“The auto repair company is probably a big business.”
If you want to get ripped off, go to Midas or Jiffy Lube or some chain. I go to a local shop that I trust in my town.
“The computer repair company is probably gone, head on over the Best Buy and the Geek Squad.”
“Even construction and remodeling is all governed by Lowes and Home Depot.”
They have taken over the lumber yard spaces, but they haven’t taken over all the hardware places. My town has a farm store and a regular hardware store which I go to. They help you find stuff, know what hardware is, or can show you a tool and know what it does. If you can’t find something, they will order it for you.
When you have to drive to the city to get to Lowes and then ask for leveling glides, the Lowes guy shouldn’t say they don’t exist when he doesn’t know what they are and suggest using angle iron and screws to level a bookshelf. In case you don’t know what they are either: http://homedecorhardware.com/sugatsune-hardware-casters-and-leveling-glides-leveling-glides.html The guy at the local hardware store says, “Here they are,” and walks you to the shelf where they are.
#13, Who are you going to get to write the regulations?
Republicans were for it before they were against it.
All Obama needs to do is support any bill and the GOP automatically opposes it.