Remember when "jobs saved" was a phony stat?

I Love America said:
Name another time it has ever been quoted by the Bureau of Labor and Statistics before our affirmative action president?

Oh wait. You can't because it hasn't I guess if you want to grade Obama on a curve compared to the white guys knock your self out

It is bogus because it can't be measured objectively. But like I said if it makes you feel good then hail Trump

Don't get me wrong I am glad if jobs don't go overseas but it is a bogus stat
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Well, it's what they measured w/ the stimulus. You should research it a bit before talking about it.

They sent money to specific places, and asked those places for reports on where that money was spent. They got reports back. Some were from schools, and those schools reported that there were x number of teachers that they had planned to lay off, but didn't have to because of the stimulus money.

Thus, jobs saved - and measured objectively. Sorry 'bout that.
 
Thing1 said:
Well, it's what they measured w/ the stimulus. You should research it a bit before talking about it.

They sent money to specific places, and asked those places for reports on where that money was spent. They got reports back. Some were from schools, and those schools reported that there were x number of teachers that they had planned to lay off, but didn't have to because of the stimulus money.

Thus, jobs saved - and measured objectively. Sorry 'bout that.
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The idea that they can accurately measure the ripple effect on the economy from other businesses that didn't go away because all those auto workers kept their jobs and continued to live in the surrounding area with money to spend, is apparently too advanced for these droolers.

You're just wasting your time casting pearls before these swine.
 
Thing1 said:
Look - it's a CBO stat. They kept track of where the stimulus money went, and exactly where it created jobs, and where it prevented layoffs.

It really couldn't be more specific.
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So the stimulus was nothing more than government welfare to exact more hiring or prevent layoffs.....that hardly qualifies as growing the economy and creating new job growth.....
Its a sham....bogus....

Cities all over the country do the same thing trying to entice new business to locate in their locals....exactly what happened in the Carrier issue.....
 
NOVA said:
So the stimulus was nothing more than government welfare to exact more hiring or prevent layoffs.....that hardly qualifies as growing the economy and creating new job growth.....
Its a sham....bogus....a fraud that pinheads fell for....
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Tell that to all the small business owners who are still in business today and still employing people because all those auto workers are still there, employed as well, and patronizing these stores businesses and restaurants.

The ripple effect is a pretty simple concept.
 
NOVA said:
So the stimulus was nothing more than government welfare to exact more hiring or prevent layoffs.....that hardly qualifies as growing the economy and creating new job growth.....
Its a sham....bogus....a fraud that pinheads fell for....
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See, here is where you didn't understand the stimulus.

It was never supposed to be a career bill. The economy was in a freefall, and we were losing close to a million jobs a month. All those people who were supposed to be hiring? They had no confidence, and there were no plans to hire.

This is where it's perfect for the government to step in. In general, the government shouldn't play much of a role in the private economy - but in that situation, some sort of outside action was needed. And that's just what they did. They kept people working, and got others back to work (and a lot of the latter were temporary). They had to stop the bleeding, so the private sector could take over. And that's what happened.

How can you guys even talk about this topic when you have no understanding whatsoever of what the stimulus was supposed to do? If you think it was supposed to create 6-figure careers, of course you think it failed.
 
Thing1 said:
You've lost me. "Jobs saved" was part of the CBO's reporting on the stimulus.
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Maybe I'm confused here but I thought you were saying this was a new statistic the gov't is publishing when it puts out its economic numbers
 
Nomad said:
Tell that to all the small business owners who are still in business today and still employing people because all those auto workers are still there, employed as well, and patronizing these stores businesses and restaurants.

The ripple effect is a pretty simple concept.
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The question to ask is what's the opportunity cost of that money spent.
 
Nomad said:
You mean the two articles I posted that were about the right wing bitching and moaning when Obama saved thousands of jobs in the auto industry, which you lowlife slime bags are now trying to deny?

You might want to look in the mirror while you're saying that.

If you can stand it.
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Yes..... more questions?
 
Nomad said:
Tell that to all the small business owners who are still in business today and still employing people because all those auto workers are still there, employed as well, and patronizing these stores businesses and restaurants.

The ripple effect is a pretty simple concept.
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So you approve of the 'trickle down' economics' theory...?....your right wing when it suits your agenda.....

Actually your post has nothing to do with the point I made.....

giving tax breaks to business to entice them into your city is a form of welfare.....the taxpayers footing the bill for the promise of a few jobs and its 'trickle down' effect.....

I'm not saying its good or bad, I'm just explaining reality.....
 
cawacko said:
The question to ask is what's the opportunity cost of that money spent.
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Keeping thousands of people employed, spending money in their local economies and paying income taxes on their earnings while NOT collecting unemployment or govt assistance, is a no-brainer and I'll bet you cannot list one thing that the stimulus money should've been spent on that would've been a better use or provided a better benefit and then explain why.
 
NOVA said:
So you approve of the 'trickle down' economics' theory...?....your right wing when it suits your agenda.....

Actually your post has nothing to do with the point I made.....

giving tax breaks to business to entice them into your city is a form of welfare.....the taxpayers footing the bill for the promise of a few jobs and its 'trickle down' effect.....

I'm not saying its good or bad, I'm just explaining reality.....
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The economic ripple effect has zero to do with trickle down economics.

If you think it does, then you understand neither thing.
 
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