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Reply #10: Of course it was [View All]

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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-16-09 08:16 AM
Response to Reply #7
10. Of course it was
but our fucking politicians had the funds available to throw at those corporations where their loyalties are strongest. Meanwhile, job creation through that stimulus package was largely based on the theory of trickle down economics. And there sure as hell isn't any money available for a single payer ealth care system. Bastards all need to be kicked out of office.

Thing is we still don't have a sound financial system. We still have an economy where the vast majority of GDP is consumer spending - and our consumers are hard pressed to continue their previous levels of consumption. They are unemployed, taking unpaid furloughs, working fewer hours, earning less, facing incrteasing costs on all fronts, and often lacking in basic health care. Most can only dream of securing basic credit to secure a home or start a business. In short, we have an economy that is based on wealth creation through th use of money as opposed to an economy that is based on productivity. Until that changes, we do not have a sound economy. Instead we have an unsustainable economy.

Good luck to you. I've been hanging on by a string for years now. I know the only way I'll ever secure an income is to buy or create that job. I believe that is true of many millions who are currently unemployed. The jobs that have been lost are not coming back anytime soon. They won't be back until our national prosperity exceeds previous levels.
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  -Economy is Not Getting Better Orwellian_Ghost  Jul-16-09 07:24 AM   #0 
  - "Smirk. Shock & Awe, baby. Smirk." - xCommander AWOL & Republicon Cronies  SpiralHawk   Jul-16-09 07:27 AM   #1 
  - "but it's a lagging indicator" in 5.. 4... 3... 2..  JVS   Jul-16-09 07:29 AM   #2 
  - He's arguing for a second stimulus package.  SemiCharmedQuark   Jul-16-09 07:36 AM   #3 
  - It won't fly. It will be seen as an admission of failure, rightly or not.  timeforpeace   Jul-16-09 11:03 AM   #18 
  - But the market soared yesterday  MadHound   Jul-16-09 07:37 AM   #4 
  - Today's rally is because of a Phony story on Roubini having good news.  Grinchie   Jul-16-09 10:52 PM   #22 
  - A friend of mine has been talking about the rise and fall of the Roman empire...  mdavies013   Jul-16-09 07:43 AM   #5 
  - Your friend is right. No empire has ever lasted forever, and never will. nt  raccoon   Jul-16-09 09:08 AM   #16 
  - Of course it's not  Coyote_Bandit   Jul-16-09 07:56 AM   #6 
  - The TARP Money Was Separate From The Stimulus  DemocratSinceBirth   Jul-16-09 07:59 AM   #7 
     - Of course it was  Coyote_Bandit   Jul-16-09 08:16 AM   #10 
        - I Agree One Hundred Perecent  DemocratSinceBirth   Jul-16-09 08:24 AM   #11 
  - I have a co-worker who has been given her lay off notice this week  lunatica   Jul-16-09 08:05 AM   #8 
  - Twelve Month Furlough  DemocratSinceBirth   Jul-16-09 08:10 AM   #9 
     - Not work without pay  lunatica   Jul-16-09 08:29 AM   #12 
  - My one sister has been out of work 10 months...  maryf   Jul-16-09 08:44 AM   #13 
  - Only 11% of the stimulus package has been implemented  JCMach1   Jul-16-09 08:48 AM   #14 
  - You got a tent for people to live in while they "wait patiently"?  TBF   Jul-16-09 02:59 PM   #19 
     - Part of the problem, as I understand it, is that some of the money that  SeattleGirl   Jul-16-09 09:45 PM   #21 
  - y agua es mojada.....  marmar   Jul-16-09 08:49 AM   #15 
  - I'm seriously considering  Lerkfish   Jul-16-09 10:25 AM   #17 
  - Don't do that  Orwellian_Ghost   Jul-16-09 09:42 PM   #20 
  - You actually think they will honor their obligation?  Grinchie   Jul-16-09 11:07 PM   #24 
     - It's going to take a little more than people just pulling themselves  TBF   Jul-17-09 09:41 AM   #25 
  - All that job growth over the past 8 years? GONE.  Hugabear   Jul-16-09 11:00 PM   #23 
     - Actually, all that "growth" was an illusion wrapped in a bubble  SoCalDem   Jul-17-09 09:43 AM   #26 
 

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