The Stimulus Is A Failure

[Kidlicious]

Did you really expect a debate on whether your economics are "christian" or not? That's an absolutely ludicrous debate, even by Poly standards.

I could argue just fine whether or not your argument was christian or not. IF ONLY YOU WOULD MAKE AN ARGUMENT FOR ONCE!

[Ogie Oglethorpe]

I'm sorry this is abuse. If you want an arguement thats two doors down the hall.


Stupid Git.

[Drake Tungsten]

Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and information, while temporary help services added jobs. Severe winter weather in parts of the country may have affected payroll employment and hours; however, it is not possible to quantify precisely the net impact of the winter storms on these measures. ...

Nonfarm payrolls decreased by 36,000 in February. The economy has lost almost 3.3 million jobs over the last year, and 8.43 million jobs since the beginning of the current employment recession.

http://www.calculatedriskblog.com/2010/03/employment-report-36k-jobs-lost-97.html

http://michaelscomments.wordpress.com/2010/03/05/no-change-in-unemployment-but-weve-traded-full-timers-for-part-timers/

While not particularly good news, it's good news nonetheless.

[Kuciwalker]

If we'd followed that graph HCR would have passed, possibly with a strong public option.

[Theben]

See, they had the curve right, they were just off by ~3 percentage points.

[Drake Tungsten]

The real-life curve seems a lot more similar to the "without recovery plan" curve than the "with recovery plan" curve.

[Ogie Oglethorpe]

The real-life curve seems a lot more similar to the "without recovery plan" curve than the "with recovery plan" curve.

Naah thanks to policies now in place the base line at about 5% is now revised upwards to 8% or so per what the admin is telling us.

Obama and the new 8% norm

[Hauldren Collider]

Is it possible both graphs were highly optimistic, and without the recovery bill it would have been even worse? Or do we know that this isn't the case?

[chequita guevara]

We don't know squat.

[HalfLotus]

The so-called 'jobs' bill is close to being passed. This one's gonna work, they promise!

[Dinner]

I doubt they'll be able to reconcile the house and senate bills. The House bill was $154 billion and the just passed Senate bill is just $15 billion.

There is a great animation in this video clip of how the unemployment rate changed over time county by county across the country.

http://www.cnn.com/2010/POLITICS/02/24/senate.jobs.bill/index.html?section=cnn_latest

[Kuciwalker]

Is it possible both graphs were highly optimistic, and without the recovery bill it would have been even worse?

Yes, obviously.

[Hauldren Collider]

This is also not factoring in underemployment. Some of the decrease in unemployment is due to people just giving up on finding jobs.

[Spinko]

The best way to get out of a Depression is to have the Depression.

No stimulus, no bailing out of the feckless, instead we have massive moral hazard and the prudent shafted. WHat a disgrace!

[Drake Tungsten]

Are these DLs or newbs attracted by Civ 5?

edit: Duh, it's Spink. I'm an idiot...