Stimulas a total failure...Liberal media does not get it.

Discussion in 'Current Events' started by Lue C Fur, Feb 17, 2011.

  1. Lue C Fur

    Lue C Fur Evil member

    Stimulus a Failure by Only Measure That Matters: Jobs

    Politicians will promise just about anything to get elected. They might offer a chicken in every pot or even vow to end wars in places like Iraq or Afghanistan. That’s just marketing. But once they get elected, we expect them to be honest.
    Or at least we used to. But not since the $787 billion stimulus bill passed in 2010. Now, two years after it was signed into law on Feb. 17, it’s easy to see why we’ve given up on political honesty. As Rep. Joe Wilson said to President Obama: “You lie.”

    He wasn’t kidding.

    The whole premise of the need for such an incredibly huge spending bill was jobs. As The New York Times explained it on Oct. 22, 2009, “The Obama administration’s forecast at the start of the year, which predicted that unemployment would not climb much above 8 percent.” That should earn Obama a spot in the Liar’s hall of Fame.

    Now in 2011, unemployment isn’t even close to 8 percent and it went as high as 10.1 percent. Unemployment has been more than 9 percent since May 2009, a 21-month stretch of pain for millions of Americans. And even though we’ve had some big drops in the number in the past two months, no one on the left or right believes them.
    Just think of all the people that have dropped off unemployment benifits and are still out of work...the unemployment rate is much higher than 9% and more like 15%!!!

    Yet you’ve hardly ever heard the media tell you about Obama’s failed stimulus plan. That’s right, failed. If you promise the largest spending bill in history is needed to keep unemployment below 8 percent and the jobless rate spends 21 months at 9 percent or higher, then you failed. Big time.
    You probably didn’t know that. That’s because ABC, CBS, and NBC mentioned that promise just nine times in nearly two years of stimulus coverage. The remaining 98 percent of the time, Obama’s disastrous overspending was ignored.

    Ninety-eight percent. Super Bowl quarterback Aaron Rodgers completed about 62 percent of his passes and was named the game MVP. If he had completed 98 percent, he’d get elected U.S. Senator from Wisconsin for life.

    Now look at how the media did completing the trip from promise to disappointment. They mustered less than 2 percent – equal to roughly one completion in the entire game. That’s a stunning failure by even their mediocre standards.

    Imagine President George W. Bush had failed in such an amazing way. Do you think the networks would have talked about it just nine times out of 589 stories? Hardly. When Bush was president, network reporters covered unemployment so thoroughly, those without a job almost got a story per person.

    In 2005, when unemployment never went above 5.3 percent, NBC reporter Tom Costello complained about “an economy just a bit off-key.” We’re now told America is years away from such a positive employment picture.

    The news media take on the 2005 numbers was, naturally, mostly bad. The broadcast networks focused on job losses in slightly more than half the reports. In one typical story, Jim Acosta of the “CBS Evening News” left his viewers with a compelling image of the 8,700 job cuts at General Motors: “Just three days before Thanksgiving, GM is carving up its work force like a Butterball turkey.”

    The way the media attacked Bush on unemployment can be summed up in one classic Dan Rather moment from Oct. 8, 2004. The anchor led off his broadcast with the question: “Tonight, where are the jobs?”
    Unemployment was at 5.4 percent at the time – about 4 million more jobs than we have in 2011. Now unemployment is allegedly at 9 percent and both liberal and conservative economists consider that number unrealistically low. CNBC explained it well: “While the December drop from 9.4 percent to 9.0 percent might have looked nice on paper, digging through the real numbers shows the actual jobs picture hasn't improved at all.”

    The latest Gallup poll shows the unemployment rate has spiked up to 10.3 percent, and is not the 9.0 percent being reported by the Obama administration.
    To sane, rational Americans, that would mean that the stimulus failed and that we shouldn’t repeat our mistakes. Perhaps even try spending less.
    Journalists are neither sane, nor rational. When $787 billion failed, they wanted more. CBS’ Katie Couric asked if “the economy needs another shot in the arm” and John Yang of NBC told viewers Obama was “facing pressure for a new stimulus package” to solve the problem.

    We’re at the second anniversary of this disaster and it is budget time again. Even the GOP is merely trying to make minor cuts while our budget is close to twice what it was at the end of the Clinton presidency.
    It’s time we admitted that the only thing that was a bigger failure than the stimulus was the news coverage it generated.
  2. Baba gounj

    Baba gounj pensioner

    And it's all Bush's fault.
  3. browndevil

    browndevil Active Member

    How about major corporations STOP sending jobs to India. Sounds patriotic to me. Oh yeah, it's all about capitalism and the bottom line.
  4. bbsam

    bbsam Moderator Staff Member

    I think people working for GM and Chrysler and the supporting industries should and would disagree. And We'll have to wait and see what states think when the federal funds are no longer there to shore them up.
  5. moreluck

    moreluck golden ticket member

    Colgate toothpaste is made in Mexico. Crest in the U.S. & Germany. Which do you buy??
  6. bbsam

    bbsam Moderator Staff Member

    I use salt water, Hydrogen Peroxide and Colgate.
  7. moreluck

    moreluck golden ticket member

    I must admit I think Colgate tastes better, but I don't like buying anything made in Mexico (knowingly) I buy Crest now....sometimes Sensodyne.
  8. Baba gounj

    Baba gounj pensioner

  9. hubrat

    hubrat Squeaky Wheel

    "The two symbols of the republican party: an elephant and a fat white guy who's threatened by change." Peter Griffin
  10. hubrat

    hubrat Squeaky Wheel

    Conservatives are going to blame Obama for everything b/c they put Bush in office TWICE and know in their hearts what a huge mistake that was. President Obama is intelligent and rather idealistic, and he campaigned on change rather than his daddy's butt.

    And you just can't stand it. YOU who voted for Bush TWICE failed. 1% is not a failure. Maybe a mistake. Don't exaggerate.

    Obama didn't fund 2 wars off the books. He is a much better man than that.

    We forgive you for putting that ignorant selfish spoiler in such a position. Now let's repair our home together.
  11. hubrat

    hubrat Squeaky Wheel

    Watch Wisconsin closely. We ARE running the risk of losing our collective bargaining, if not the union entirely. Or keep lying to yourselves.
  12. Baba gounj

    Baba gounj pensioner

    your dear leader has again stepped into a mess which a more knowledgeable pol knows to avoid
  13. hubrat

    hubrat Squeaky Wheel

  14. wkmac

    wkmac Well-Known Member

    History Commons a great website. Their timelines across a variety of subjects offer lots of data to drill down into a wide selection of topical ideas. Their 9/11 timeline that goes way before 9/11 itself is packed with dynamite and blows a lot of lids of the many "Goldstein" myths being floated around.

    And the US myth that they (the US Gov't) never had previous connections with bin Laden seem to be blown to the curb by History Commons among others.

    History Commons Bin Laden Family Timeline

    One last thing Hubrat, your link mentions James Bath and some background if you don't already know. Bath is a former director of the Bank of Credit and Commerce or otherwise known as BCCI but he was also a partner in Arbusto Energy with one of his buddies that he served with in the Texas Air National Guard during the Vietnam war. Wait for it....Wait for it.....that buddy goes by the name George W. Bush!

    Arbusto was later absorbed by Harken Energy and Harken is an interesting player in the Great Game as well.

    Ties between the Bush Family and Osama bin Laden