Why the Stimulus Failed

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	Why the Stimulus Failed

clip-on-tie

9-3-2009 10:18 AM

84 views

tags:

porkulus, stimulus fail

clip-on-tie says:

Fiscal policy cannot exnihilate new demand

1 Comment |

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9-4-2009 7:59 AM

lifecyce1898

Wow way to get around the clip limit.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/5a7bccfd-5421-42dc-9a43-1c14c3d51315/C71378AC-88E0-4F2A-B2B3-D3DB92C9B74A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.littlegreenfootballs2.com/wp-content/uploads/PorkObamaStimulusBill.jpg" href="http://www.littlegreenfootballs2.com/wp-content/uploads/PorkObamaStimulusBill.jpg" style="font-size: 11px;">www.littlegreenfootballs2.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.littlegreenfootballs2.com/wp-content/uploads/PorkObamaStimulusBill.jpg"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.littlegreenfootballs2.com/img/3B40193E-7A69-4A2B-A77B-BE7B4E8D6116" alt="http://www.littlegreenfootballs2.com/wp-content/uploads/PorkObamaStimulusBill.jpg" /></div></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content7.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://nrd.nationalreview.com/article/?q=MTViNmZiZmQ4NmMxM2Y5NmEzNWIwYWRmNmNhMWJlY2I=" href="http://nrd.nationalreview.com/article/?q=MTViNmZiZmQ4NmMxM2Y5NmEzNWIwYWRmNmNhMWJlY2I=" style="font-size: 11px;">nrd.nationalreview.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://nrd.nationalreview.com/article/?q=MTViNmZiZmQ4NmMxM2Y5NmEzNWIwYWRmNmNhMWJlY2I="><DIV><SPAN class="drop">C</SPAN>onservatives have correctly declared President Obama’s $787 billion “stimulus” a flop. In a January report, White House economists predicted the bill would create (not merely save) 3.3 million jobs. Since then, 2.8 million jobs have been lost, pushing unemployment toward 10 percent.
</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://nrd.nationalreview.com/article/?q=MTViNmZiZmQ4NmMxM2Y5NmEzNWIwYWRmNmNhMWJlY2I="><DIV>Yet few have explained correctly <I>why</I> the stimulus failed. By blaming the slow pace of stimulus spending (even though it’s ahead of schedule), many conservatives have accepted the premise that government spending stimulates the economy. Their thinking implies that we should have spent much more by now. 
</DIV></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content8.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://divisionoflabour.com/archives/ObamaStimulus.jpg" href="http://divisionoflabour.com/archives/ObamaStimulus.jpg" style="font-size: 11px;">divisionoflabour.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://divisionoflabour.com/archives/ObamaStimulus.jpg"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/divisionoflabour.com/img/D68519D7-DD67-4427-AA64-7CC1E447183C" alt="http://divisionoflabour.com/archives/ObamaStimulus.jpg" /></div></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content6.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.copytaste.com/0f41ddmt" href="http://www.copytaste.com/0f41ddmt" style="font-size: 11px;">www.copytaste.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.copytaste.com/0f41ddmt"><DIV class="postInfo"><UL><li style="margin-left:16px;padding-left: 0px;"><B></B></LI>
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