Congress has lost its mind...

[TheMercenary]

Originally Posted by Redux

Both the CBO and GAO studies showed between 650,000 and 1,500,000 million jobs created or saved in the first nine months. Given that a large part of the recovery money has yet to be obligated (by intent), the projections for the anticipated life of the program (18 months to 2 years) exceed 2.5 million.

Its not a perfect program and there is abuse and faulty record keeping, but nearly all economists have agreed the program has helped the economy from falling off the cliff.

Which is why the numbers are pure fantasy and propaganda by the White House. They are filled with fraud, waste, and abuse. Including pet projects and pure pork for Demoncratic Senators who jumped on the money train. Kabuke Theather.

Of course, we know you only accept CBO figures when it supports your agenda and disparage it when it doesnt.....and you have called the program a failure even before it has reached its halfway point.

Concerning job creation it has been a complete failure. That is what I am addressing. Where are the jobs they promised us.

Your economic plan was so much better....let everything fail and unemployment explode, the strong will survive, and the economy will correct itself.

Which plan was that?

For one who cares about the little people and the unemployed, that sounds, not only heartless, but irresponsible as well.

Those are your words not mine.

Originally Posted by TheMercenary

Which is why the numbers are pure fantasy and propaganda by the White House. They are filled with fraud, waste, and abuse. Including pet projects and pure pork for Demoncratic Senators who jumped on the money train. Kabuke Theather.

Concerning job creation it has been a complete failure. That is what I am addressing. Where are the jobs they promised us.

Which plan was that?

Those are your words not mine.

Despite reports with problems with the data that would suggest no more than 10% error:

Fact check:

According to the Congressional Budget Office, the actual number may be more than twice what Recovery.gov says, and as much as 50 percent more than what Obama has been saying. The nonpartisan agency found that:

CBO, Nov. 30: [i]n the third quarter of calendar year 2009, an additional 600,000 to 1.6 million people were employed in the United States, and real (inflation-adjusted) gross domestic product was 1.2 percent to 3.2 percent higher, than would have been the case in the absence of ARRA.

That’s a pretty broad spread, but CBO says the range includes the views of most economists and reflects the inherent uncertainty of such estimates. The agency, unlike Recovery.gov, didn’t depend just on reports filed by recipients of stimulus funds to make its calculations, because the reports don’t provide a complete picture of the law’s impact on jobs. For one thing, the reports measure only jobs created or saved by employers who receive stimulus money directly or their immediate subcontractors, but not lower-level contractors. In addition, the fact that grant recipients and their workers have money in their pockets means they’ll spend some of it on products and services, creating more jobs. And the reports, CBO notes, only cover some of ARRA’s spending; the effects of tax cuts, transfers to individuals (such as unemployment payments) and other elements of the stimulus package aren’t measured on Recovery.gov....

http://www.factcheck.org/2009/12/sti...-re-revisited/

Or one only need to read about the numerous Republican governors and members of Congress who opposed the recovery act but waived the checks at events back home while claiming they (not the stimulus checks) created jobs.

Senate majority leader McConnell...took credit for the construction site at Blue Grass Army Depot in Madison County, Kentucky -- a project that was funded in large part by the Recovery Act.

House majority whip Cantor ...who has repeatedly claimed that the stimulus is "failing" to create jobs....appeared at a job fair in Midlothian, VA, to demonstrate how he is working on "long-term solutions that will put...Virginia workers back on the path to financial stability." But scores of jobs advertised at the jobs fair were created by the stimulus, and Chesterfield County, where the fair was being held, will receive more than $38 million in stimulus funding over the next two years.

Gov. Bobby Jindal said if he was still a member of Congress he would've voted against the stimulus, calling it the "stimulus that has not stimulated." Yet the very next day, he appeared with constituents in Louisiana to present a jumbo-sized check of federal grant money authorized under the Recovery Act to residents of Vernon Parish. He later toured the state in a "Louisiana Working" tour, handing out millions of dollars of stimulus money while simultaneously attacking "Washington Spending."

The list is endless.

The massive fantasy and widespread fraud exists only in your non-partisan () mind and on "reliable, objective, non-partisan" (double ) or more appropriately called "tin foil hatter" sites like WashigtonWatch.

[richlevy]

Originally Posted by TheMercenary

Which plan was that?

Exactly.

[TheMercenary]

Originally Posted by richlevy

Exactly.

The Republickins are no better if they can't produce a plan, but they have pretty much been locked out of the process.

[richlevy]

Originally Posted by TheMercenary

The Republickins are no better if they can't produce a plan, but they have pretty much been locked themselves out of the process.

Fixed it for ya.

[TheMercenary]

Originally Posted by richlevy

Fixed it for ya.

No you didn't. They have been pretty much shut out of the process. That is what happens when you win the majority. You control the process. Another reason why our system is screwed up. Republickins did the same thing when they had the majority to the Demoncrats. Both parties suck. And the Dems have done nothing but reinforce the notion that they are not one bit different than the Repbs, they just whore a little differently and serve a different group of business interests.