In your opinion, how effective has the stimulus been so far? (user search)
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  In your opinion, how effective has the stimulus been so far? (search mode)
Pages: [1]
Poll
Question: ^
#1
Very effective
 
#2
Moderately effective
 
#3
Somewhere in between
 
#4
Moderately ineffective
 
#5
Very ineffective
 
Show Pie Chart
Partisan results

Total Voters: 30

Author Topic: In your opinion, how effective has the stimulus been so far?  (Read 1929 times)
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jfern
Atlas Institution
*****
Posts: 53,743


Political Matrix
E: -7.38, S: -8.36

« on: November 21, 2009, 11:27:25 PM »

My personal opinion is that it has been a disaster so far.  159 billion dollars have been spent, while 640,000 have been "saved" or created.  This may seem nice, but how much do each of those jobs cost?  $248,000

Source:
http://www.recovery.gov/Transparency/Pages/home.aspx


We really should not have jammed this thing through congress.

The problem was that there were a lot of tax cuts, and not what gets the most bang for the buck.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
Atlas Institution
*****
Posts: 53,743


Political Matrix
E: -7.38, S: -8.36

« Reply #1 on: November 22, 2009, 01:16:42 AM »

Considering that the administration had to make up numbers and congressional districts just to fake its effectiveness - not at all.  The stimulus and the omnibus for that matter were a payoffs to democratic allies and interest groups.  None of the projects within were about long term infrastructure projects like promised.  $18 million of course, went to the creation of recovery.gov.  Why is $18 million being spent on a single website?  This website has a lot of data and it doesn't cost 18 million to maintain.  There was money put in just for sign building across the country.  One of these road signs are at my airport.  Why was that needed?  You could give that job to prisoners to make like they do license plates.  What should have been done wasn't.  If you spend money, why didn't they give money to every state for state construction projects like roads and bridges, and leave restrictions out of it save one - that it must create jobs for regular folks.  It's a joke, and everyone knows it is.  Even Christina Romer said that the stimulus has already had the effect it was supposed to have.  No jobs have been "saved" and they certainly aren't being "created".

Those were obviously typos. People would rather hear about THEIR district, and not some typo district.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
Atlas Institution
*****
Posts: 53,743


Political Matrix
E: -7.38, S: -8.36

« Reply #2 on: November 22, 2009, 01:42:58 AM »

One thing the Chinese have done right is that they've massively stimulated their economy.

We, too, have done a good job of that. I guess it was too hard to just use the stimulus to create jobs in this country. Another epic fail from the "free traders".
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
Atlas Institution
*****
Posts: 53,743


Political Matrix
E: -7.38, S: -8.36

« Reply #3 on: November 22, 2009, 01:50:29 PM »

I voted for the middle option. The stimulus has helped in many ways, but, the economy is really terrible, and the stimulus should have gone for things that got more bang for the buck.
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