Recovery?

[TheMercenary]

Much of the money was widely distributed but it was also given as favors to overwhelmingly supporters of the Demoncratic majority at the time. All the parties do it when they are in power, it just so happens this was the time they held the responsibility for where the money went and they were not shy about who got it.

[classicman]

Merc, you've conveniently ignored replying to this... Care to do so now?

Originally Posted by Ibram

If you can show me that the U3 numbers used by Bush DIDN'T discount people
who took themselves out of the labor force, you might have a case, Merc.

Also,

Originally Posted by TheMercenary

Mostly to businesses. Individuals did not directly receive money.

Indirectly, but ...
$300 billion in tax cuts
$116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010.
$14 billion in first time home-buyer tax credits
$15 billion: Expansion of child tax credit: A $1,000 credit to more families
$14 billion: Expanded college credit
$4.7 billion: Unemployment compensation benefits in 2009.
$4.7 billion: Expanded EIC tax credit
$4.3 billion: Home energy credit
$1.7 billion: for deduction of sales tax from car purchases,

But they did create some great jobs, at hundred of thousands of dollars per job,
at least until the money ran out. A huge waste.

Based upon the total amount spent perhaps, but in reality the total was NOT all directed at creating jobs.
Much of it was to stop the hemorrhaging of jobs left over from the previous administration,
another part was an investment in infrastructure, Education, Healthcare, Transportation, Communications and IT development... and on and on... and those INdirect funds described above.

[TheMercenary]

Originally Posted by classicman

Merc, you've conveniently ignored replying to this... Care to do so now?

Also,

Indirectly, but ...
$300 billion in tax cuts
$116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010.
$14 billion in first time home-buyer tax credits
$15 billion: Expansion of child tax credit: A $1,000 credit to more families
$14 billion: Expanded college credit
$4.7 billion: Unemployment compensation benefits in 2009.
$4.7 billion: Expanded EIC tax credit
$4.3 billion: Home energy credit
$1.7 billion: for deduction of sales tax from car purchases,

Cite your source. Let's have a close look at how much was spent on what you say it was spent on, and how much actually got to the people. Even the last one, which I would guess is the cash for clunkers was got a huge F. SO let's take a close look at your source and pick the numbers apart....

Based upon the total amount spent perhaps, but in reality the total was NOT all directed at creating jobs.

BUT that is not how it was sold to the American people and you know it... "Millions of Shovel Ready Jobs!" Bullshit.....

Much of it was to stop the hemorrhaging of jobs left over from the previous administration,
another part was an investment in infrastructure, Education, Healthcare, Transportation, Communications and IT development... and on and on... and those INdirect funds described above.

Great how did that work out from the day he took office. Bush is long gone. Obama owns the last three years.

Wow! look at all the number of great jobs they produced and how much the spent making them! I must be crazy for thinking the pissed our taxpayer dollars away...

http://stimuluswatch.org/2.0/