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Reply #10: The stimulus WAS a fail, in that it was entirely inadequate and relied [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 11:38 AM
Response to Reply #1
10. The stimulus WAS a fail, in that it was entirely inadequate and relied
much too heavily on tax cuts.

And there were plenty of people back then saying things were worse than they looked - and they were ignored.

Yes, it did prevent catastrophe, but the disaster continues.

The stimulus, as it was, was the MINIMUM necessary - it was giving aspirin to someone with a 104 temp. It was a good start, it was NOT then end game they claimed it was.
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  -"...aggressive government action prevented a nightmare." babylonsister  Oct-10-11 11:16 AM   #0 
  - Thanks for posting this. I just read in another thread that the stimulus was a FAIL!  Tarheel_Dem   Oct-10-11 11:18 AM   #1 
  - Maybe you need to post Steve's link. I'm all about edumicatin'  babylonsister   Oct-10-11 11:25 AM   #2 
  - Will do. Love me some edumication.  Tarheel_Dem   Oct-10-11 11:32 AM   #8 
  - The stimulus WAS a fail, in that it was entirely inadequate and relied  RaleighNCDUer   Oct-10-11 11:38 AM   #10 
     - Thanks for the unsolicited GOP talking points.  Tarheel_Dem   Oct-10-11 11:40 AM   #12 
     - I disagree with the post you are replying to, but  Inuca   Oct-10-11 11:49 AM   #14 
     - Bullshit. What I said was a reason to double down on it, not to go to  RaleighNCDUer   Oct-10-11 11:57 AM   #16 
        - Thanks Again.  Tarheel_Dem   Oct-10-11 11:58 AM   #18 
     - You do recall that the agreement had to be taylored to get few R Sens to vote for cloture..  DCBob   Nov-13-11 05:26 AM   #26 
  - Obama's Stimulus Plan: Failing by Its Own Measure  Cool Logic   Oct-10-11 11:27 AM   #3 
  - Article date - ****Tuesday, July 14, 2009****, any economist worth a damn knows the stimulas worked  uponit7771   Oct-10-11 11:29 AM   #6 
     - Except for White House economists Jared Bernstein and Christina Romer.  Cool Logic   Oct-10-11 11:42 AM   #13 
        - This is obviously a projection where the last data available was  karynnj   Oct-10-11 11:51 AM   #15 
           - Nevermind that at that time Krugman was saying it needed to be  RaleighNCDUer   Oct-10-11 12:02 PM   #19 
              - True - and many Democratic senators agreed with Krugman - and argued that  karynnj   Oct-10-11 01:48 PM   #21 
                 - Yes, many forget there was a tremendous battle just to break the filibuster.  DCBob   Nov-13-11 06:22 AM   #29 
  - Closer to the bottom of the food pyramid, we knew the contraction was catastrophic. But, somehow,  leveymg   Oct-10-11 11:28 AM   #4 
  - Yeap, congress has NOTHING to do with wear we're at....come on people, the Obama bashnig is old and  uponit7771   Oct-10-11 11:31 AM   #7 
     - I'm blaming Obama and his top econ. advisors for drastically underestimating the crisis  leveymg   Oct-10-11 12:20 PM   #20 
        - and yet the Republicans wanted to do nothing and just let nature take its course.  DCBob   Nov-13-11 05:58 AM   #28 
  - Utter and complete garbage.  Safetykitten   Oct-10-11 11:29 AM   #5 
  - Aww, is this a disappointment to you? I think I'll  babylonsister   Oct-10-11 11:38 AM   #11 
  - utter and complete mindless post.  DCBob   Nov-13-11 05:26 AM   #27 
  - +10000  woo me with science   Nov-13-11 09:23 AM   #30 
  - Went from 700k jobs LOSS to 90k jobs GAIN = success. Even if we're not beating churn the bleeding...  uponit7771   Oct-10-11 11:32 AM   #9 
  - And How Has President Obama Been Doing Backfilling The Black Hole Bush Left Him?  mikekohr   Nov-13-11 04:31 AM   #24 
  - Also, keep this in mind:  ProSense   Oct-10-11 11:58 AM   #17 
  - But don't you see, that they are doing it still is Obama's fault  Bodhi BloodWave   Oct-11-11 12:34 AM   #22 
  - I dont understand...  SupaDopeFlyGuy   Nov-13-11 03:47 AM   #23 
  - This is so true but so so hard to explain.  DCBob   Nov-13-11 05:11 AM   #25 
 

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