Remember when "jobs saved" was a phony stat?

Nomad said:
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.
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Like I said what's the opportunity cost? How much money are those jobs worth? Would it be worth any amount to save them?
 
Nomad said:
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.
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I agree with you on the local jobs, velocity is important, but I disagree with you on the stimulus. Just spending a lot of money doesn't get the job done, it has to be spent in the right way and spending it on solar panels that no one is going to buy is not smart.
 
cawacko said:
Like I said what's the opportunity cost? How much money are those jobs worth? Would it be worth any amount to save them?
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You tell us. You're the one posing the question while implying that the auto bailout wasn't worth the cost.

What else do you think that money would have paid for that would have provided a greater cost benefit to the economy and exactly how would it have done so?
 
Nomad said:
You tell us. You're the one posing the question while implying that the auto bailout wasn't worth the cost.

What else do you think that money would have paid for that would have provided a greater cost benefit to the economy and exactly how would it have done so?
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The companies should have been allowed to go bankrupt. Filing for bankruptcy doesn't mean going out of business nor does it mean all workers would have lost their jobs. The gov't shouldn't be rewarding failure. Samenissuebinbthe financial sector.

So in guessing you approved of Trump's deal with Carrier
 
christiefan915 said:
Me too. And I just read that Lowe's is going to lay off 2400 full-time workers, where's trump when you need him?
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Who likes when people get laid off? If another company performs better than Lowes and hires 300 people causing Lowes to have to lay off people should that not be allowed?
 
cawacko said:
Who likes when people get laid off? If another company performs better than Lowes and hires 300 people causing Lowes to have to lay off people should that not be allowed?
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Depends. Going back to your post just before this one, if that other company that performs better is a foreign company - is it worth our time and investment to save an American company? When it came to the auto industry, was it worth it to save what was left of our manufacturing base?
 
Thing1 said:
Depends. Going back to your post just before this one, if that other company that performs better is a foreign company - is it worth our time and investment to save an American company? When it came to the auto industry, was it worth it to save what was left of our manufacturing base?
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Cars aren't made 100% in one country. 40% of a car made in Mexico could have U.S. parts. Foreign car companies open in the U.S. and hire U.S. workers. With globalization and these huge supply chains is not that easy anymore to identify where something was produced.

And as much as you hate Trump you're making the same argument he is regarding manufacturing
 
cawacko said:
Cars aren't made 100% in one country. 40% of a car made in Mexico could have U.S. parts. Foreign car companies open in the U.S. and hire U.S. workers. With globalization and these huge supply chains is not that easy anymore to identify where something was produced.

And as much as you hate Trump you're making the same argument he is regarding manufacturing
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It's very easy to know where a car comes from.
 
cawacko said:
Cars aren't made 100% in one country. 40% of a car made in Mexico could have U.S. parts. Foreign car companies open in the U.S. and hire U.S. workers. With globalization and these huge supply chains is not that easy anymore to identify where something was produced.

And as much as you hate Trump you're making the same argument he is regarding manufacturing
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Broken clock & all that. Like I said, I have given Trump credit for keeping jobs here. I'll continue to do so, if he can continue to do so.

The bailouts, specifically, did save the American auto industry. I will always believe it was the right call. No matter how globalized things have become, those were real jobs, and included suppliers and other companies, as well as all kinds of businesses in the towns and cities where there was work.
 
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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Like I thought it was made up by Obama. Nobody ever even tried that bullshit before. But they did because they knew suckers like you would fall for it.
 
Thing1 said:
Depends. Going back to your post just before this one, if that other company that performs better is a foreign company - is it worth our time and investment to save an American company? When it came to the auto industry, was it worth it to save what was left of our manufacturing base?
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if 2008 would have been an honest reset of industry, we would be far better off and the more highly efficient production processes would be world class. instead of an honest reality check, it became an unwasted crisis and political foolsball. it would take busting ass to restore industry in this land. it is possible. no matter what happens it is the final acts of the dispensation. all events advance the fulfillment of all true prophecies of true prophets. sorry 'bout that. yay business.
 
Thing1 said:
Broken clock & all that. Like I said, I have given Trump credit for keeping jobs here. I'll continue to do so, if he can continue to do so.

The bailouts, specifically, did save the American auto industry. I will always believe it was the right call. No matter how globalized things have become, those were real jobs, and included suppliers and other companies, as well as all kinds of businesses in the towns and cities where there was work.
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But you are assuming these companies would have gone out of business, which they would not have, and all the people would have lost their jobs, which they would not have.
 
cawacko said:
The companies should have been allowed to go bankrupt. Filing for bankruptcy doesn't mean going out of business nor does it mean all workers would have lost their jobs. The gov't shouldn't be rewarding failure. Samenissuebinbthe financial sector.

So in guessing you approved of Trump's deal with Carrier.
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Can you say definitively that they would not have gone out of business and laid off all those workers?

If so, what evidence do you have to back that up? What if they HAD gone out of business? What if all those jobs HAD been lost? Then what? How much would it have cost the nation in unemployment benefits and govt assistance?

Would you and your side have applauded him for supposedly "doing the right thing" or would you have piled on his back for not caring about American workers, not saving their jobs and causing more people to go on welfare?

Don't bother answering that because we all know.

No matter what Obama ever did, you and the right were going to take the opposite side with no regard whatsoever for the truth or for what is good for America.

And now, it's the same with Slump. You all are in total denial about what a potential disaster he may turn out to be, as long as the guy who's carrying your flag won.

As for the Carrier deal, fine with me. I just don't think he's 100% responsible for it. He's just taking the credit.
 
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