Stimulus working? Not when it comes to thinking.

For Advertising Info, Write.
rwnews@blogads.com

Premium Left blogad

Left Blog Ad

Permalinks

Stimulus working? Not when it comes to thinking.

Written By : Ron Coleman

My friend Aziz Poonawalla, via Insty who, interestingly, links to the story guilelessly (I can’t buy a link these days–should I get a turban?), lays it right out:

Today is the one-year anniversary of the landmark stimulus bill which most economists agree has staved off a second Great Depression. The evidence that the stimulus has worked is overwhelming – the New York Times has an in-depth article looking at its actual impact on jobs, and an indispensable graphic showing a timeline of key economic indicators before and after its passage. There’s another beautiful chart based on job loss data from Dec 2007 to Jan 2010 which also makes the impact of the stimulus crystal clear. The recognition of the stimulus’ success isn’t just data-driven – Republican lawmakers who have publicly denounced it for political gain have been quietly and hypocritically scrambling for stimulus money for their districts – as documented by the Wall Street Journal and by the Washington Times.

The only real flaw in the stimulus bill was that it wasn’t big enough . . .

Aziz, Aziz, Aziz. Where do we start with this?

How about the leap from “most economists agree” to the sole source of his authority for this breathtaking proposition–”the New York Times has an in-depth article . . .” That’s it. I don’t even have to find economists who don’t agree and with this and try to figure out whether they are or aren’t “most”–Aziz thinks the New York Times is actually a trustworthy source for this preposterous statement. That actually tells me, in contrast, that the entire remainder of his article is not worthy of reading, because Aziz, who is not an economist, is not making a serious attempt to objectively see if his central premise is correct.
Then there’s the fact that “most economists” didn’t agree what ended the first Great Depression until about 20 years ago (it wasn’t the New Deal, by the way). The idea that “most economists” would agree “the landmark stimulus bill . . . has staved off a second Great Depression” –and that they would have nothing to say about a trillion dollar deficit that has resulted–is, to any serious student of economics, truly laughable.
And what exactly do “all economists” say? Read More..

Jack Schite

The funny thing about conservatives is that one person can disagree with thousands of economists, and that’s enough to question the proposition.

Let’s deal with you folks this way:

Admit that even if you thought the stimulous worked you would never admit it because you hate Obama so much.

And as for your perspective of the great depression, another futile attempt to re-write history.
StanInTexas

Admit that even if you thought the stimulous worked you would never admit it because you hate Obama so much.

Posted by Jack Schite 2010-02-18 11:29:19

Just because your opposition to anything and everything Conservative is based in your own irrational hate does not automatically that every person is the same, Jack.

Get your projection issues resolved, go through puberty, and then come back. By then you MIGHT be able to may a substantive argument.

Might!
MediumHeadBoy

“Not when it comes to thinking.” And then Jack Off is the first to comment. I’d say the point has been proven.
Jack Schite

I just got you pinned so completely and triumphantly, Stain, that you accuse me of projecting.

Conservatives project over Palin and then accuse dems of worshiping Obama. We don’t.

Conservatives create huge budget deficits and then bitch when dems run more debt trying to extract the country from the results of conservatism.

Conservatives are frightened silly of terrorism and yet they accuse dems of siding with the terrorists. By being so afraid you play right into terrorist’s hands.

That’s enough taking stain to the woodshed for now.
Bill_Dalasio

Mr. Coleman,

Honestly, I think you’re guilty of understating how completely wrong Mr. Poonawalla is on this. While a number of fairly respectable economists have suggested that TARP may have averted a second Great Depression, virtually no major economist that is followed by the markets is making the claim that the stimulus prevented a second Great Depression. There’s a reason for that. Most of the spending in the bill was diverted well beyond the present. To claim that the stimulus averted a collapse is to imagine that money spent in the future has magically prevented a collapse in the past.
MediumHeadBoy

Conservatives … accuse dems of worshiping Obama. We don’t.

And yet you refuse to accept the slightest criticism against him, so for all intents and purposes, yes, you do worship him.
Jack Schite

You’re projecting, mhb.
StanInTexas

That’s enough taking stain to the woodshed for now.
Posted by Jack Schite 2010-02-18 12:29:57

What does the food taste like in this pathetic little worlds of your, Jack?

Worship Obama? How many naked Obama on the unicorn picture do you own?

The deficits created by Republicans were wrong and roundly criticized by almost everyone one this board. They are a rounding error compared to the socialist buy-me-some-votes deficit Obama is foisting on us.

We are not afraid of terrorism, we acknowledge it exists. Unlike Liberals that think the terrorists are just misunderstood and we can trust them, if only we give them everything they want.

Making you look foolish is too easy, SchiteHead.
LampofDiogenes

If you’d extract your head from your large intestine, Off, you’d see that the posters here quite often criticize conservatives. Your side does no such thing, except on those extremely rare occasions where they go off the reservation, in which they’re excommunicated (e.g. Lieberman). Now kindly go fuck yourself.
MediumHeadBoy

Now how the fuck did that happen? That was not LampofDiogenes that posted that last comment. This site is screwy.
http://TheNixonTape.Blogspot.Com Dick_Nixon

Posted by MediumHeadBoy
2010-02-18 15:36:11

You remember when Nixon posted a comment and the date assigned to it was two days in the future? Nixon is the only person to have successfully travelled in time, courtesy of RWN.
http://www.newsrealblog.com/2010/02/18/stimulus-working-not-when-it-comes-to-thinking/ Stimulus working? Not When it Comes to Thinking | NewsReal Blog

[...] Read more at Right Wing News. [...]