Mean Mr. Mustard
Always shouts out something obscene
When are we going to spend $350 billion on our crumbling infrastructure?
Right after it breaks
When are we going to spend $350 billion on our crumbling infrastructure?
he's trying to fix the country.
If you honestly think those are investments into america then I feel sorry for you.
neither would I. I wouldn't have too much of a problem with it either, especially since I highly doubt any better option will be availableI wouldn't be surprised if Obama gets reelected.
He inherited nothing. He willingly took on the problems.how did he fail at the economy?
HE INHERITED A DISASTER. there's no way to reverse that in 2 years let alone one term
Ah yesh, because I'm the only one saying that. k thenI'm quite sure you are the shining beacon of hope with all the answers that the country needs. throw aside the direction of highly intelligent and vastly more educated people. FLYNAVY FOR PRES
how did he fail at the economy?
HE INHERITED A DISASTER. there's no way to reverse that in 2 years let alone one term
What is to say that the economy would have been better off without the stimulus bill? Is it possible that the "Without Recovery Plan" estimates were low too?
We'll never know.
He ran saying he'd fix it. With both houses in his back pocket and over 22 months - he hasn't.
He promoted a porkulous bill saying it would stave off unemployment. Wrong again.
He's a great conartist. & he's got you on his side. Big deal. The fact of the matter is that his best effort has made things - at least through the present time - WORSE.
The pace of growth after the recent recession is likely to be slower than usual as the economy recovers from the effects of the financial crisis and as the support to economic activity provided by fiscal policy diminishes. In the past, many recoveries from deep recessions have been quite robust. After deferring purchases during a slump (especially for expensive goods like homes, automobiles, and capital equipment), households and businesses typically boost their spending quickly as economic prospects improve. However, international experience suggests that recoveries from recessions that were spurred by financial crises tend to be slower than average—perhaps because the losses in wealth and damage to the financial system that occur during such crises weigh on spending for a number of years. Following such a crisis, it takes time for consumers to rebuild their wealth, for financial institutions to restore their capital bases, and for nonfinancial firms to regain the confidence required to invest in new plant and equipment; all of those forces tend to restrain spending. In addition, under current law, both the waning of fiscal stimulus and the scheduled increases in taxes will temporarily subtract from growth, especially in 2011.
In CBO's projections, real GDP increases by 2.8 percent between the fourth quarter of calendar year 2009 and the fourth quarter of 2010 and by 2.0 percent in 2011. Such rates of growth are well below historical norms for a recovery from a severe recession; for example, following the deep recession of 1981 and 1982, real GDP surged by nearly 8 percent in 1983 and by roughly 6 percent in 1984. In CBO's forecast, the growth of real GDP picks up after 2011, averaging 4.1 percent annually from 2012 through 2014 and closing the gap between GDP and its potential level (the amount of production that corresponds to a high use of labor and capital) by the end of 2014.
The modest growth in output projected for the next few years points to sluggish growth in employment during the remainder of this year and next. Consequently, CBO projects that the unemployment rate will decline slowly, falling to 9.3 percent at the end of 2010 and 8.8 percent at the end of 2011. After that, the growth in employment will accelerate, and the unemployment rate will decline more rapidly, reaching 5.1 percent at the end of 2014.
bullshitYES, it was a waste of money and didn't stimulate shit. the program required that perfectly good vehicles be destroyed, wasting resources over some stupid environmental bullshit you didn't pay any attention to what happened to the economy, did you?
oh good god, you don't even know what was in the bill this is such a bags of sand moment what the fuck are you talking about, my taxes? when did I say I had a problem with my taxes?
And more important than that is the fact that our deficit has grown to epic proportions.
When are we going to spend $350 billion on our crumbling infrastructure?
what he said meant absolutely nothing. it's all his personal opinion