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Haymarket, Obvious Child, would the two of you mind not tossing around things like dishonesty and such when you have your political leans set as undisclosed? You obviously lean liberal. Own it. Or stop telling other people they are being dishonest with their opinions. Sorry, thats been bugging me a while.
The point would be that the spending spree did NOT work. Currently most economists are also cautioning the Fed in doing anything else to affect markets at this time. They feel it would do more harm than good. The whole point of the stimulus was to spur job creation and make unemployment go down. It was a failure in this respect and has hurt the nation's financial standing and structure.
Saying that all the policies before Obama enetered office are owned by Bush is pretty disingenuous as well. Obama supported a lot of those policies as a Senator and he voted for them.
Haymarket if you want to make a percentage comparison on unemployment I suggest you break out the unemployment figures dealing with underemployment and those that have left the work force through sheer frustration with finding a job. Obama's true unemployment numbers would hover around 16% to 18% if you use those figures and represent where we are right now a lot more accurately.
Lastly. General Motors Paid Back Bailout Loans in Full
Fast and loose with the numbers boys.
The point would be that the spending spree did NOT work. Currently most economists are also cautioning the Fed in doing anything else to affect markets at this time. They feel it would do more harm than good. The whole point of the stimulus was to spur job creation and make unemployment go down. It was a failure in this respect and has hurt the nation's financial standing and structure.
Saying that all the policies before Obama enetered office are owned by Bush is pretty disingenuous as well. Obama supported a lot of those policies as a Senator and he voted for them.
Haymarket if you want to make a percentage comparison on unemployment I suggest you break out the unemployment figures dealing with underemployment and those that have left the work force through sheer frustration with finding a job. Obama's true unemployment numbers would hover around 16% to 18% if you use those figures and represent where we are right now a lot more accurately.
Lastly. General Motors Paid Back Bailout Loans in Full
Earlier today, General Motors announced that the company paid $4.7 billion to the U.S. government and $1.1 billion to the Canadian government, fulfilling its obligation agreed to when it received its initial bailout funds. In total, GM received $52 billion from the U.S. government, but only $6.7 billion of this amount was considered a loan. The company already paid back $2 billion, so this $4.7 billion is the last payment.
Fast and loose with the numbers boys.