It's only when US richclass (rarely) hires you that you throw the most of your money down the sewer (thank goodness I'm employed within Japan's cooperative corporatist system, where there are no rich and where no rich hire)...
US richclass pay little to nothing in contribution while collecting nearly the total of US working class tax coffers into their private accounts. All are fully aware that only US working class pays the bills for supporting both US richclass and US poor class. And all are fully aware that only US working class pays the bills for supporting US poor class to the direct enrichment of US richclass. Moreover all are fully aware that US richclass creates and maintains a US poor class -- for the design purpose of exploiting US working class.
Naturally, here's how US richclass does it...
US richclass oppresses society by corralling all economic opportunities of the land, and exclusively withholding and apportioning those opportunities. As the result, a massive US poor class is by design created. US richclass legal industrial complex prepares a system of laws under which US richclass evade taxes, while US working class carry the brunt of tax liability. Then, the taxes that US working class pay is given over to US richclass corporates who provide services to the US poor (at huge exploitative profits -- for example, food stamps issued at US working class expense to feed the poor put exploitative profits in the pockets of US richclass food industry, and Medicaid issued at US working class expense to serve the poor put exploitative profits in the pockets of US richclass medical and pharmaceutical industries). Summarily, US richclass get richer than richer than sh@t just through the existence of US poor class, and directly at the expense of US working class.
Voila! That's why many working class are so bent on destroying the US poor. So what if killing the symptoms doesn’t eradicate the disease? Can US working class be expected to be as smart as US richclass MEDICAL INDUSTRY?
How badly does your back hurt -- and what's the cause of your back problems? You're not aware that upon your back you carry both the weightiest richclass in history AS WELL AS their massive created poor class? It's a wonder you can gather up even another step under such a load...
"The real economy also responded to the massive stimulus but remained heavily dependent on it. In the United States, growth during the second half of 2009 probably averaged about 3 percent. Absent temporary fiscal stimulus and inventory rebuilding, which taken together added about 4 percentage points to U.S. growth, the economy would have contracted at about a 1 percent annual rate during the second half of 2009."
The American Enterprise Institute (AE) -- a Conservative think tank.
**********
“While the ultimate success of the stimulus package will be debated for years, we believe that the general structure of the plan was constructive. The stimulus plan needed to be large because the economic problem was enormous; diversified because it is not clear exactly what would work, and relatively prolonged because the economy looked to be weakened for several years. The Obama administration acted quickly and boldly in combating the economic downturn with fiscal stimulus, sending a message that it would actively use policy to right the economy. The Administration deserves credit for getting the economic priorities right and for stimulus design.”
The Brookings Institution
***********
"Mark Zandi, chief economist for Moody’s Analytics and former adviser to John McCain’s presidential campaign, and Alan Blinder, a Princeton University economist and former economic adviser to President Bill Clinton, modeled the past and what might have happened without the much-derided government responses.
Their findings: “Effects on real Gross Domestic Product, jobs and inflation are huge, and probably averted what could have been called Great Depression 2.0. For example, we estimate that, without the government’s response, GDP in 2010 would be about 6.5 percent lower, payroll employment would be less by some 8.5 million jobs, and the nation would now be experiencing deflation.”
The report notes that the bailout and federal loans had a deeper effect than stimulus spending, but that the stimulus added 2.7 million jobs to a limping economy and raised GDP by a full 2 percent."
It goes after the states for one....in the so-called jobs bill, buried but there nevertheless is the statement that the 11th amendment doesn't apply with this bill in regard to states and acceptance of any money from the bill will waive that right. In addition to it being a union goodie bill (not a jobs bill), as usual and in Obama's true form, it goes after states. (another healthcare debacle type bill)
I would go even further to say that Obama's stimulus plan destroyed jobs. January 2009: 11.9 unemployed, last month: nearly 15 million. Pathetic record.
Obama should've just sent checks out to the citizens, it would've been more effective while not allowing state and local governments to use it for budget shortfalls.
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Because that is all he knows to do.
It's only when US richclass (rarely) hires you that you throw the most of your money down the sewer (thank goodness I'm employed within Japan's cooperative corporatist system, where there are no rich and where no rich hire)...
US richclass pay little to nothing in contribution while collecting nearly the total of US working class tax coffers into their private accounts. All are fully aware that only US working class pays the bills for supporting both US richclass and US poor class. And all are fully aware that only US working class pays the bills for supporting US poor class to the direct enrichment of US richclass. Moreover all are fully aware that US richclass creates and maintains a US poor class -- for the design purpose of exploiting US working class.
Naturally, here's how US richclass does it...
US richclass oppresses society by corralling all economic opportunities of the land, and exclusively withholding and apportioning those opportunities. As the result, a massive US poor class is by design created. US richclass legal industrial complex prepares a system of laws under which US richclass evade taxes, while US working class carry the brunt of tax liability. Then, the taxes that US working class pay is given over to US richclass corporates who provide services to the US poor (at huge exploitative profits -- for example, food stamps issued at US working class expense to feed the poor put exploitative profits in the pockets of US richclass food industry, and Medicaid issued at US working class expense to serve the poor put exploitative profits in the pockets of US richclass medical and pharmaceutical industries). Summarily, US richclass get richer than richer than sh@t just through the existence of US poor class, and directly at the expense of US working class.
Voila! That's why many working class are so bent on destroying the US poor. So what if killing the symptoms doesn’t eradicate the disease? Can US working class be expected to be as smart as US richclass MEDICAL INDUSTRY?
How badly does your back hurt -- and what's the cause of your back problems? You're not aware that upon your back you carry both the weightiest richclass in history AS WELL AS their massive created poor class? It's a wonder you can gather up even another step under such a load...
It DID, genius.
"The real economy also responded to the massive stimulus but remained heavily dependent on it. In the United States, growth during the second half of 2009 probably averaged about 3 percent. Absent temporary fiscal stimulus and inventory rebuilding, which taken together added about 4 percentage points to U.S. growth, the economy would have contracted at about a 1 percent annual rate during the second half of 2009."
The American Enterprise Institute (AE) -- a Conservative think tank.
**********
“While the ultimate success of the stimulus package will be debated for years, we believe that the general structure of the plan was constructive. The stimulus plan needed to be large because the economic problem was enormous; diversified because it is not clear exactly what would work, and relatively prolonged because the economy looked to be weakened for several years. The Obama administration acted quickly and boldly in combating the economic downturn with fiscal stimulus, sending a message that it would actively use policy to right the economy. The Administration deserves credit for getting the economic priorities right and for stimulus design.”
The Brookings Institution
***********
"Mark Zandi, chief economist for Moody’s Analytics and former adviser to John McCain’s presidential campaign, and Alan Blinder, a Princeton University economist and former economic adviser to President Bill Clinton, modeled the past and what might have happened without the much-derided government responses.
Their findings: “Effects on real Gross Domestic Product, jobs and inflation are huge, and probably averted what could have been called Great Depression 2.0. For example, we estimate that, without the government’s response, GDP in 2010 would be about 6.5 percent lower, payroll employment would be less by some 8.5 million jobs, and the nation would now be experiencing deflation.”
The report notes that the bailout and federal loans had a deeper effect than stimulus spending, but that the stimulus added 2.7 million jobs to a limping economy and raised GDP by a full 2 percent."
It goes after the states for one....in the so-called jobs bill, buried but there nevertheless is the statement that the 11th amendment doesn't apply with this bill in regard to states and acceptance of any money from the bill will waive that right. In addition to it being a union goodie bill (not a jobs bill), as usual and in Obama's true form, it goes after states. (another healthcare debacle type bill)
I would go even further to say that Obama's stimulus plan destroyed jobs. January 2009: 11.9 unemployed, last month: nearly 15 million. Pathetic record.
Obama should've just sent checks out to the citizens, it would've been more effective while not allowing state and local governments to use it for budget shortfalls.
http://www.kellogg.northwestern.edu/News_Articles/...
The excuse of a Stimulus plan is the only way Obama can get his hands on a half a trillion dollars to buy votes with.
the stimulus worked..he sent money to the states and they used to to keep from falling apart
even the republicans govenors who publicly denounced the stimulus ALL TOOK THE MONEY when the camera were shut off
Because it didn't fail to produce jobs. Yours is the lie.
Government spending is the only thing keeping Capitalism up.
you calling America a sewer?