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I think it has. It created jobs which was essentially the point of it.
Jared, the MSM is now reporting that Obama has lied on the "Recovery.gov" website in that the stimulus package money really has not created any jobs at all!
MSM = NBC, MSNBC, CBS, ABC, AP, UPI, CNN and last but not least FNC.
I hate to be the one to burst everyone's bubble on this . . . BUT the so-called stimulus package was and is not about recovering our economy – It was and is and always will be about paying off political "debts" for getting the U.S. a tried and true-blue (read that red) Marxist president!
Just my not-so-humble opinion. B)
Pffft!!!!!!! If people actually believe the stimulus package worked they are being naive. It created a bubble that will pop eventually leading to the next great depression.
I think you are being a little over the top there.
Not at all, Sal . . . Ian hit the nail right on the head.
Don't believe me?
If you think 2012 is all about the end of the world, just you wait and see what really happens.
What are you talking about? Do you have any idea how many jobs were created because of the stimulus package? The smartest thing to do in a recession is to print more money.
The stimulus costs too much money and it wasn't executed quickly enough. We've lost more jobs with the stimulus package than the amount of jobs Obama said we would lose without it.
Nobody has any idea how many jobs were created (or saved). Nobody. Claims by government or economic studies are generally based on economic models. Those models do not have to reflect reality. They only have to be internally consistent and assume certain variables to be true (in this case, the multiplier effects were assumed to be constant. This is obviously incorrect).
Printing more money is very different than spending it on government approved plans.
The actual "smartest" thing to do is induce aggregate demand increases by increasing the velocity of existing money first. This could have been done without any new government spending programs. As could "printing money".
I think that the stimulus package have helped a lot in restoring the economy. right now we can see some improvements in the economy. right now we can see some improvements in the eco”;-
stimulus packages are very helpful for kickstarting the economy;”~
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