En qué consisten las propuestas
El pasado 16 de enero tuvimos la oportunidad de recibir el detalle de las iniciativas que, en una homilía desde el Monte Olimpo, Zeus en persona, el Presidente Electo anunció el pasado mes de diciembre para reflotar l…

Red State Skeptic said:
Just because the CBO (not the OMB) thinks too much of the money may be spent a couple years down the line doesn’t mean it isn’t money well spent. If the recession is as bad as it seems, we will still need that stimulus money in 2010 and 2011 too. That doesn’t mean we shouldn’t try to have stimulate the economy on a shorter term basis, but neither does it mean we shouldn’t spend the money in the long term either.

The stimulus is a no-brainer. The states need the money, the federal government has a much easier way of raising money than the states, cash is a lot cheaper to get than in years past, and because of the housing crash, services and raw materials are much, much cheaper right now than they will be when the economy gets better, when we would otherwise spend this money.

The stimulus is nothing but an emotional ploy that plays on Americans’ fears about the economy. It solves nothing. It builds nothing. It puts little, if any, actionable resources in the hands of the producers and those that create jobs.

There’s this little thing that happens when the printing presses over at Treasury work over time: inflation. When you flush the market with too much cash, nothing, including services and products, are cheap. Short term political gain will mean long-term pain for the American people.

Are the roots of the sub-prime mortgage and banking fiasco being solved? What is happening to Freddie and Fannie? They’ve already asked for more cash ’cause they have to either write down more of their toxic assets or get another “loan” (cough cough bailout) to prop ‘em up.

How much longer to you think that countries like China and Saudia Arabia (and other Gulf nations) will prop up our economy? Will they continue to buy our treasury notes at the expense of their own currency? Or will they trade in what they have to keep things afloat at home?

You tell me, economic genius. You seem like another naive, uneducated liberal dope not grounded in reality.

Red State said;all the tax-cutting in the world isn’t going to get the economy on the right track for several years.

Prove it.

redstate said; but most economists

BS

On January 27th, 2009 at 11:16 am, Surveyor said:

The guy’s name is actually Bob Sunshine?

Maybe his middle name is “Ray”.