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. During a March hearing of the Senate Finance Committee, Chairman Max Baucus challenged Treasury Secretary Timothy Geithner on the formula. "You created a situation where you cannot be wrong," said the Montana Democrat. "If the economy loses two million jobs over the next few years, you can say yes, but it would've lost 5.5 million jobs. If we create a million jobs, you can say, well, it would have lost 2.5 million jobs. You've given yourself complete leverage where you cannot be wrong, because you can take any scenario and make yourself look correct." I suppose you will say that Baucus is partisan and wrong on the subject too? |
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we all make mistakes. it's okay to admit them. then the conversation moves on. or you could throw up another non-sequitur quote. |
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I didnt write the articles linked, just posted them. I suppose you will remain in denial regardless of any other studies, facts or opinions presented. Has obama ever done anything that you didn't fawn over? |
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At the beginning of May there were 132,400,000 people employed in the US How is this good? And how exactly do they measure the amount of "discouraged" workers? |
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As crazy as it sounds the national unemployment rate is 100% based on the monthly Current Population Survey where people answer questions and are designated as employed, unemployed, or not in the labor force. Further questions distinguish between your reason for not being in the labor force which includes the discouraged worker category. |
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http://www.foxnews.com/politics/2009...lus-criticism/ |
http://blog.taragana.com/n/white-hou...on-jobs-59484/
The assessment was the same as what Obama’s economists forecast in January, when they predicted that the economic stimulus would prevent unemployment from rising above 8 percent. But unemployment reached 8.9 percent in April and the chairwoman of the Council of Economic Advisers, Christina Romer, said over the weekend that current predictions that unemployment would reach 9.5 percent were “pretty realistic. |
The assessment was the same as what Obama's economists forecast in January, when they predicted that the economic stimulus would prevent unemployment from rising above 8 percent. But unemployment reached 8.9 percent in April and the chairwoman of the Council of Economic Advisers, Christina Romer, said over the weekend that current predictions that unemployment would reach 9.5 percent were "pretty realistic.
"http://www.breitbart.com/article.php?id=D9849NH00&show_article=1 The quote is from an AP article |
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http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf This is Obama's team's assessment of th stimulus packages effect on unemployment. On page 5 reference the graph. Better than quotes, actual visual evidence. |
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It seems this forum is almost a microcosm of the way the press handles obama. Half of the people on here love him and he can do no wrong. The other half, yourself included, would rather spend your time smearing his minister then actually talking about the issues. For the record, one wasnt even an article. It was a blog.:) |
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Geez......get a room why don't ya! |
http://news.yahoo.com/s/ap/20090608/...obama_stimulus
For the first time, the administration admitted the economic forecasts it used to sell the stimulus were overly optimistic. "At the time, our forecast seemed reasonable," Vice President Joe Biden's top economic adviser, Jared Bernstein, said Monday, explaining that the White House underestimated the scope of the recession. "Now, looking back, it was clearly too optimistic." and i remember reading before the plan was voted on that many economists said it was too optimistic. then there's this: Obama’s promise to create so many jobs — a vow Vice-President Joe Biden made last month — quickly drew criticism from oponents and economists who have argued his stimulus plan thus far has not delivered. “I think these estimates are overly optimistic,” said Arpitha Bykere, a senior analyst with RGE Monitor. Bykere said it likely will be later this year before any meaningful job creation occurs from stimulus spending. The administration had always viewed the summer as a peak for stimulus spending, as better weather permitted more public works construction and federal agencies had processed requests from states and others. The government reported last week that the number of unemployed continues to rise; the unemployment rate now sits at 9.4 percent, the highest in more than 25 years. Hundreds of thousands of Americans continue to lose jobs each month, although fewer jobs were lost last month than expected. Just how much of an impact Obama’s recovery program had on the pace of job losses is up for debate. Obama has claimed as many as 150,000 jobs saved or created by his stimulus plan so far, even as government reports have shown the economy has lost more than 1.6 million jobs since Congress approved funding for the program in February. Critical Republicans remain critical of the stimulus spending, slamming it as a big government program that ultimately will do little for recovery. With only a fraction of the federal money actually spent thus far, it’s premature to give the stimulus plan credit for economic trends, congressional Republicans said last week. “I think the economy is just as likely to begin to recover on its own, wholly aside from this, before much of this has an impact. So I’m very skeptical that this massive sort of spending binge that we’ve engaged in is going to have much of an impact,” said Senate Minority Leader Mitch McConnell, a Republican. Obama initially offered his stimulus plan as a way to put people back to work, a promise that 3.5 million jobs would be saved or created. The administration’s predictions that unemployment would rise no higher than 8 percent already have been shattered, leaving Obama’s advisers to caution that job growth takes time, even as recovery spending intensifies. |
http://www.whitehouse.gov/president-...eekly-address/
We begin this year and this Administration in the midst of an unprecedented crisis that calls for unprecedented action. Just this week, we saw more people file for unemployment than at any time in the last twenty-six years, and experts agree that if nothing is done, the unemployment rate could reach double digits. I know that some are skeptical about the size and scale of this recovery plan. I understand that skepticism, which is why this recovery plan must and will include unprecedented measures that will allow the American people to hold my Administration accountable for these results. |
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The blog contained a piece written by an AP writer and I posted another link to the same story afterwards. Wasnt the actual plan written by the administrations economists enough for you? |
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Please spare me your ridiclousness. Please open the link, look who wrote the paper and look at the chart on page 5. You see the little line that never rises above 8%??? The problem with so many of you apologists is that you want to get caught up in minutia instead of the topic at hand. Once again... |
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Reagan deserves about as much credit for events that transpired in Berlin and Moscow during his administration as Rutherford B. Hayes deserves for the fact that the light bulb happened to be invented during his administration. |
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THis is just not true and you have proven it. There are plenty of articles questioning the stimulus package, health care, you name it. I know you have read them. Even the great devil, the NY Times, "prints" them. NPR has a guest almost everyday the past week voicing concern, and pointing out details of why the stimulus plan will not work. People are extremely skeptical about this administration's fiscal methods. Even his own party has already started to cut the meat out of the Carbon emissions plan, so much so that the Democrats are alienating the environmental lobby. The reason he is being given a "pass" is that there is NO UNIFIED alternative. The Republicans have done a horrible job of presenting their own coherent recipe for recovery. They just know what won't work. Republicans basically have no idea what will work. And thats understandable, we are in a very difficult mess. Obama has used this financial crisis as an opening to try some extremely bold moves. He obviously thinks there are some things the government should take on, and some things that the government can do well, all of which makes Republicans are very nervous because the government clearly does nothing well. And should just stay the hell out of everything. The country can run itself... Somalia has done such a dandy job without a government. |
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Of course they are not your beloved FOX news. But take a look at the articles and listen. They present some very good articles/guests that present highly critical views with coherent explainations. |
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Their economic systems worked so well that Reagan had to drive them to bankruptcy with the Star War program... This is clearly the reason Communists countries have a difficult time. If they stay with the tried an true ecomonic methods (not the Chinese version of Capitalism) they will survive forever. It takes a man like Reagan to force these strong systems into finacial ruin. Look what Bush and Cheney have done to North Korea. North Korea was never in trouble until Bush/Cheney. The people were oh so healthy and happy until Bush forced their hand. |
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There are plenty of articles questioning the stimulus package, health care, you name it. I know you have read them. Even the great devil, the NY Times, "prints" them. NPR has a guest almost everyday the past week voicing concern, and pointing out details of why the stimulus plan will not work. Uh here? The press has been overwhelmingly supportive of Obama despite obvious occasions that they would have jumped all over had someone else been in charge. Why anyone disputes this especially with the results of the recent Pew study on the subject is beyond me. And the Fox news thing is so overdone that it is just stupid. Is that the only thing that you can fire back at a Conservative? It is telling that people are unwilling to examine the issues without resorting to the same old tired crap. |
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CARTER: So the persecution of the Palestinians now, under the occupying territories—under the occupation forces—is one of the worst examples of human rights deprivation that I know. And I think it‘s— SHUSTER: Even worse, though, than a place like Rwanda? CARTER: Yes. I think—yes. You mean, now? SHUSTER: Yes. CARTER: Yes. SHUSTER: The oppression now of the Israelis—of the Palestinians by the Israelis is worse than the situation in Africa like the oppression of Rwanda and the civil war? CARTER: I‘m not going back into ancient history about Rwanda, but right now, the persecution of the Palestinians is one of the worst examples of human rights abuse I know, because the Palestinians— SHUSTER: You‘re talking about right now, you‘re not talking about say, a few years ago. CARTER: I‘m not talking about ancient history, no. SHUSTER: Rwanda wasn‘t ancient history; it was just a few years ago. CARTER: You can talk about Rwanda if you want to. I want to talk about Palestine. What is being done to the Palestinians now is horrendous in their own territory, by the occupying powers, which is Israel. http://www.msnbc.msn.com/id/15951792/ I know right-wing msnbc |
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You might also mention Reagan putting up 200 marines in a hotel in Lebanon as a show of force in the region against the advice of a number of generals. 200 marines died in that hotel. The hostage situation in Iran was bad but we did not lose 200 good people in one swift action. Iran was going to crumble. The writing was on the wall before Carter. Carter did not help the situation however. The Shah just fell faster than under Carter than he would have anyway. |
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Or he says he is black. But overwhelming supportive of his economic policies... no frggn way. The press is interviewing numerous economists and bankers etc... that are all pointing out what they think to be huge flaws. Almost everyday. And its easy because Obama is moving at lightning speed. Car companies, banks, carbon emission standards, so much is taking place... its all over. Including criticism. If you think the average Joe in the US is just fine okdokie with all these new things being rushed through I dont think you are reading the public or the press that I am reading. They clearly are fawning over him and family personally. But NOT his economic policies. |
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