Stimulus ‘Would Have Been Bigger’ but for GOP

The Obama administrations own estimates were that it would take a 1.2 Trillion dollar investment to put us on the path to economic recovery. Instead, Obama proposed 550-850 Billion. That was enough to rescue the system, but not enough to rescue the economy.

Summer of Recovery… what a fool. Obama administration is all about changing the “optics” which means nothing changes, they just try to change the view of reality. It’s not working!

At one time it was $787 billion. When did they slip that other $100 billion (or thereabouts) in there?
Maybe it was His Vacation Fund. SOB.

What’s WAY scarier to me than this clown are those that are still buying into this B.S., and there are a lot of them out there.

Apparently.. Criticism can only be leveled at the guest. My critique of Tapper is removed

Biden is a liar. Pres. Obama specifically said the stimulus should be in the $800 billion range to keep unemployment from going over 8%, and it ended up being $862 billion. I gues they are both liars.

This is exactly what Obama doesn’t want to project.. that the Dems would spend more if not hindered by the GOP.. is this insanity.. to present this in this way…

Thank god its not bigger. We have wasted hundreds of billions of dollars. For instance in my town, stumulus money is being used to build a new fence around the airport where the old fence looks entirely in good shape.
the money would be better spent on replacing some old brides on roads and improving the interstates.

VP Biden said a major achievement of stimulus spending is on highway construction and high speed rails. The government tried to impress people by spending a lot of money to make signs on the work sites. The fact is that most of this construction is minor road and bridge repair, such as road pavement. These works could be carried out with state own funding using local tax. I am not aware of any high speed rail completed under stimulus money. Major highway construction are such as a new bridge across major rivers, and replacement of city major road like BQE or new subway in New York city, which requires big money to complete and has never been done with government money.

The truth is now, we’re spending more now this summer than we — I’m calling this…the summer of recovery,” the Vice President said.
So you have Intentionally keep unemployment high till this summer, the summer just before the political midterm election!
According to VP Biden MILLIONS of Americans have suffered, by design, so Obama could pull a midterm trick?
How many Americans have lost their homes for Obama’s game?
How many Americans have gone bankrupt for Obama’s game?
How many Americans no longer have any faith in Obama cuz of Obama’s game?

As a conservative, I don’t expect philosophical agreement from liberals. But what I do expect is the basic, human decency to admit when your guy is lying. Why won’t you admit that Biden’s accusation is false? Why won’t you admit that the administration got more money than they asked for, and STILL got the R votes he references? Admit the truth!

“When are people going to learn that tax cuts are the most inefficient method of stimulating the economy?
Flash Override”
When the “method” is 19.2 cents per hour or $1.56 per 8 hour day (before state and local taxes on the $1.56) yes, it is the most inefficient method stimulating the economy.
That’s why it has never been done that way before. Commonsense tells you most people who still have jobs will not notice this MASSIVE tax cut.

Flash Override could you please provide a pre-Feb. 17th 2009 source for your claim that “Obama administrations own estimates were that it would take a 1.2 Trillion dollar investment to put us on the path to economic recovery.”
Obama: Stimulus lets Americans claim destiny Feb. 17th 2009 MSNBC
Obama focused on the $787 billion stimulus plan, an ambitious package of federal spending and tax cuts designed to revive the economy and save millions of jobs. Most wage-earners will soon see the first paycheck evidence of tax breaks that will total $400 for individuals and $800 for couples.
It appears your calling President Obama a liar.
BTW, after all the recalculations Obama’s stim plan is over $1.2 Trillion.

Carole, why is complaining about Obama ALWAYS tied to supposedly supporting Bush? Do you realize what a weak and nonsensical defense that is? Can’t you defend Obama on his own record?

Ah the perfect storm of tail chasers. You fingers crack me up. Your the wimpy naysayers that just love to pitch your BS around piling it on. Obama is the President and you hate every inch of it. Obama is the rational hardworking man we need in the White House right now. The dollar is strong, was $1.69 per Euro in January today it is $1.29 per Euro. That happened under Obama and you should thank him. Here is the tax advice, cut corporate taxes to 25%, and raise the tax base on thee wealthiest Americans to 75%. We throw ourselves back to the 1960′s with taxes and we have our recovery in full gear. Republicans are responsible for the mess we are in with giving tax cuts to those who did not want it nor need it. Time to end rich peoples welfare.

Yeah. I seem to remember that the Republican managed to strip about $80 billion from the bill.
“That close”

If the stimulus is what the libs say it is, we wouldn’t need a 2nd or a 3rd! This is more welfare for the elite at the expense of the shrinking middle class who are dumb enough or too intimidated by the big boot of the federal government to keep paying their taxes.
All you are rooting for is welfare for the elite at the expense of the evaporating middle class and the poor.

Most economists told Obama that the stimulus needed to be larger because of the depth of the recession. However, he and others knew they would not get it. As it was, only three reps. signed on…otheres sneered and did not care that steps were being taken to hold off a catastrophe. It did stop the bleeding but there was more needed. Now, they are saying it failed….no they failed to support what was necessary to stop this recession. They also failed in recognizing when they were in charge what was happening. The bad stuff started in 2007 and not one rep. addressed the situation. Finally in the last few months Bush asked for some support. Obama and Mc Cain did not want to do this but they gave in to support our president. Unlike the republicans who refuse to support Obama at any cost. Obama has reached out to them many times but as Hannity said…they will never work with him. How is that for getting things done?

Obama has reached out to them many times but as Hannity said…they will never work with him. How is that for getting things done?
Posted by: talmag | Jul 19, 2010 9:12:12 AM
Plus, they are liars.They desperately want Americans to believe Democrats nearly tripled the deficit, and many lazy citizens are buying their lies, unfortunately.Wwhen Bush and Cheney left office the deficit was about $1/3 trillion. Most estimates suggest the deficit at the end of this year will be about $1.4 trillion. Going from $1.3 trillion to $1.4 trillion isn’t an especially significant increase given the size of the economy and the budget– and let’s face it, Republicans have never cared about the deficit prior to now. What is most aggravating tabout Republicans is that The single biggest factors driving the deficit are Bush-Cheney policies that Republican leaders (and born again deficit peacocks) supported, and still support! (Tax fairy anyone? Their invincible ignorance is actually dangerous.)

Correction:When Bush and Cheney left office the deficit was about $1.3 trillion (not 1/3, whoops.) Most estimates suggest the deficit at the end of this year will be about $1.4 trillion.

Who has the majority in Congress?
I thought it was the Democrats. Did I miss a something?

biden opens mouth and inserts foot. what a nincompoop.

Surreal and unbelievable…we said this would work, it didn’t and now it is their fault…it’s like saying it’s your fault I’m fat for eating all that cake you told me not to.

Biden is telling outright lies. Obama’s original stimulus request was 775 Billion. Congress gave him 862 Billion. So Biden lied.
January 2007 when Dems took House and Senate the deficit was 178 Billion. After 3.5 yrs of Dem leadership its grown ELEVEN FOLD and stands at 2 Trillon dollars.

Stimulus ‘Would Have Been Bigger’ but for GOP.
This is a joke, right?
Without the GOP it would have been an even bigger failure.
Three million jobs “Saved or created”?? Tell that to my two brothers in law whov’e been out of work for a year.
Joe Biden is a Clown.

The “Stimulus” was completely ineffective. Thank goodness we didn’t waste any more money on it.

please tell me where you got your numbers. I want to do some fact checking> thnks you.
Posted by: mj | Jul 19, 2010 1:51:49 PM
CBO estimates for the fiscal year that started October 2008, and amount to the deficit Obama inherited on day one without doing a thing, compared to the CBO estimate for the fiscal year that started October 2009.

The stimulus would have been bigger but for the GOP? In 2009 the Congress and White House had an absolute LOCK on passing ANY legislation they wanted. Instead, giddy with the potential of having a one-party government, the party in power twiddled their thumbs with partisan stem-cell, legislation for three months, came up with lame-@$$ NON-stimulus programs like Cash for Clunkers, and ignored the public’s demand to concentrate on the economy and unemployment to pass a defective 2000-page health care refinance bill that no one wanted and that the Democrats will make sure no one will ever repeal or even fix the deficiencies they acknowledge are in it. They had their chance, they blew it, and trying once again to blame the GOP for their incompetence is just more grounds to vote them out in November.

If the stimulus were larger the Democrats could have squandered even more money without any demonstratible benefit.

Bachmann is a bit smarter than Biden. She knows the National Debt is fast approaching the point of being unresolvable, if not already there.
The interest payment for 2010 is 164 billion dollars, what could be done with that amount of money if not wasted serving a debt.
If we started payment of P&I it would take 100 years of 320 billion dollar payments per year. If we wait until 2102 the payments will rise to 380 billion. But . . . if we wait until 2020 it’s too late the interest payments alone would be 900 bilion dollars. Obama fans take note, that is .9 trillion dollars.
So it seems the democrats are betting the solvency of our nation for the vote of the unemployed. What will they do when the six months are over and there are still no jobs? The census takers will be back on the unemployment rolls then as well.
Blame whomever you wish, but this Manchurian President has us on a spending path that only someone of a Cloward-Piven mind-set could see any merit in.

As if $1 Trillion dollars for non-existent shovel-ready jobs wasnt enough? What happened to all that money in addition to the $172 million in stimulus the Obama administration claims to have lost even though they have 10,000 auditors, the attorney general and every dept of the U.S. government at their disposal?

All I can say to that is THANK GOD FOR THE GOP!!!

“Stimulus ‘Would Have Been Bigger’ but for GOP” – - In other words, they wanted to spend even more of our Tax Dollars on some pretty questionable programs! Sure hope the frogs are enjoying the new frog crossing and the 2 cars per day are enjoying that new border station. Waist, Waist, Waist, … that’s the real accomplishment in the last 2 years.