YellowLinesandArmadillos Posted January 27, 2009 Posted January 27, 2009 Lets be concerned about the federal debt and not give money away to scoflaws.... oh, we already did to the banks and that didn't really help and they are refusing to reveal how they used the money. Can you say Madoff et al.. a growing list. Cali just hit 9.3%, this can't be good... What, this is 9.3% of what 32 million almost 3 million people and those are the ones you can count. I would be interested in know your state's unemployment numbers. http://www.bizjournals.com/losangeles/stor...19/daily40.html Also Catepiller and Home Depot just announced large layoffs. Financial firms on Wall Street are laying folks off in droves, expect more in the next 6 months. http://www.usatoday.com/money/economy/2009...nterstitialskip What to do... this is flat out scary.
VABills Posted January 27, 2009 Posted January 27, 2009 Unemployment is getting worse and the democrats are only worried about packing the economic recovery plan with earmarks and entitlements to the individuals and corporations that helped get them elected. The middle class be damned.
erynthered Posted January 27, 2009 Posted January 27, 2009 $300 million in contraceptives will bring this country to the forefront once again as the leader of the free world. Thus producing 10 million new jobs for the American workers.
finknottle Posted January 27, 2009 Posted January 27, 2009 Lets be concerned about the federal debt and not give money away to scoflaws.... oh, we already did to the banks and that didn't really help and they are refusing to reveal how they used the money. Can you say Madoff et al.. a growing list. Cali just hit 9.3%, this can't be good... What, this is 9.3% of what 32 million almost 3 million people and those are the ones you can count. I would be interested in know your state's unemployment numbers. http://www.bizjournals.com/losangeles/stor...19/daily40.html Also Catepiller and Home Depot just announced large layoffs. Financial firms on Wall Street are laying folks off in droves, expect more in the next 6 months. http://www.usatoday.com/money/economy/2009...nterstitialskip What to do... this is flat out scary. Seeing congress about to saddle us, in one fell swoop and as their opening salvo, with more debt than the entire Iraq War is hardly going to inspire confidence even among healthy companies. Not when economists and the CBO are luke-warm at best on when and if it will have a positive impact on the economy. It's time to batten down the hatches.
YellowLinesandArmadillos Posted January 27, 2009 Author Posted January 27, 2009 Unemployment is getting worse and the democrats are only worried about packing the economic recovery plan with earmarks and entitlements to the individuals and corporations that helped get them elected. The middle class be damned. I figured I would be one sided to get some discussion, but if I was going to criticize my side, I would have said the same thing. Agree completely, they both are infuriating.
Chump Change Posted January 27, 2009 Posted January 27, 2009 I figured I would be one sided to get some discussion, but if I was going to criticize my side, I would have said the same thing. Agree completely, they both are infuriating. Citizens from both sides of the aisle need to stand up to this pork disguised as beef that they're trying to push through.
blzrul Posted January 27, 2009 Posted January 27, 2009 It's time to batten down the hatches. Plastic! Duct tape!
finknottle Posted January 27, 2009 Posted January 27, 2009 Plastic! Duct tape! And pink slips. The sooner you get rid of baggage to better your odds of surviving a prolonged downturn.
Alaska Darin Posted January 28, 2009 Posted January 28, 2009 I'm hoping they find a way to get it through. You know, in the evil and stupid "bipartisan" manner of taking care of their bankrollers at the expense of the average citizen. That'll all but ensure that our society will collapse sooner rather than later.
meazza Posted January 28, 2009 Posted January 28, 2009 Lets be concerned about the federal debt and not give money away to scoflaws.... oh, we already did to the banks and that didn't really help and they are refusing to reveal how they used the money. Can you say Madoff et al.. a growing list. Cali just hit 9.3%, this can't be good... What, this is 9.3% of what 32 million almost 3 million people and those are the ones you can count. I would be interested in know your state's unemployment numbers. http://www.bizjournals.com/losangeles/stor...19/daily40.html Also Catepiller and Home Depot just announced large layoffs. Financial firms on Wall Street are laying folks off in droves, expect more in the next 6 months. http://www.usatoday.com/money/economy/2009...nterstitialskip What to do... this is flat out scary. There's nothing the gov't can do at the moment. As the CEO of my firm said a while ago, there is still more blood that needs to flow.
blzrul Posted January 28, 2009 Posted January 28, 2009 There's nothing the gov't can do at the moment. As the CEO of my firm said a while ago, there is still more blood that needs to flow. I agree. So the choices are: a) give free money to people who aren't working ("the dole") so they can live until things pick up and they can work again. this breeds dependence and is downright depressing for most people, who want to work. b) give free money to companies and trust they'll do the right thing, i.e. hire people (hahahahahahahahahaha) c) spend freely on projects which do something we need anyway, rebuilding crumbling infrastructures etc...thus putting some people to work and greasing the economic skids, at least a bit, while improving the country d) ? e) ? We're in somewhat uncharted waters here. We know where we don't want to go...we're not sure how to avoid it and get back to where we want to be. And of course, being Americans, we're not particularly patient. Like the dotcom bust, this grew over a number of years before it blew up in our faces. Yet, we want it fixed within 6 months. Ain't gonna happen.
Chilly Posted January 28, 2009 Posted January 28, 2009 c) spend freely on projects which do something we need anyway, rebuilding crumbling infrastructures etc...thus putting some people to work and greasing the economic skids, at least a bit, while improving the country... You forgot the rest... while ignoring the economic problems it causes for the future.
Johnny Coli Posted January 28, 2009 Posted January 28, 2009 You forgot the rest... while ignoring the economic problems it causes for the future. What? How can rebuilding the Nation's infrastructure and employing hundreds of thousands cause future economic problems? Bridges, roads, public works...these create jobs in US-exclusive industries using a US workforce.
pBills Posted January 28, 2009 Posted January 28, 2009 Come on... be fair. They want to give us tax breaks.
finknottle Posted January 28, 2009 Posted January 28, 2009 What? How can rebuilding the Nation's infrastructure and employing hundreds of thousands cause future economic problems? Bridges, roads, public works...these create jobs in US-exclusive industries using a US workforce. Paid for with US dollars when we are broke. Here's an idea - let's all pay each other to paint each other's houses! We'll all be rich!
/dev/null Posted January 28, 2009 Posted January 28, 2009 Paid for with US dollars when we are broke. Buy now pay later Isn't that what got us into the mess to begin with? We've been digging ourselves deeper and deeper the last couple decades. Now the govt wants to get us out of the hole by digging with a backhoe instead of a shovel
Fan in Chicago Posted January 28, 2009 Posted January 28, 2009 Paid for with US dollars when we are broke. Here's an idea - let's all pay each other to paint each other's houses! We'll all be rich! While I disagree with the basic premise that the government 'should do something', the fact that they are going to spend our money is a given. Plenty has already been spent and indications are that 2xplenty more will be. However, I argue that if they are going to spend it anyway, might as well undertake this fiscal policy change and spend on infrastructure.
Keukasmallie Posted January 28, 2009 Posted January 28, 2009 We've heard for years, from Nancy Pelosi, et. al., that once the Dem's were in control of the Legislative and the Executive branches of government, things would change for the better. They are, it hasn't...why not? What's the objective--fix things, or bipartisanship? Let's go Nancy, drive those spurs in, pass those bills, give away that $! Harry, whup them Sen's into shape and pass stuff along to the President! Oh, maybe not ALL Dem's see things the same way? What's more important, developing, passing and implementing efficient and effective legislation, or quietly building political ties to maintain control of power? I'm sorry, I withdraw that last question....
Johnny Coli Posted January 28, 2009 Posted January 28, 2009 Paid for with US dollars when we are broke. Here's an idea - let's all pay each other to paint each other's houses! We'll all be rich! Stupid argument. You are already paying. Why not use that money to pay people who are out of work to rebuild the crumbling infrastructure, investing in your country and it's citizens. Just rebuilding bridges alone would employ construction, trucking, steel/iron, engineers. You create jobs when you invest in public works, and you end up getting that money back in the future. Public works projects create jobs in US-based industries using US workers. Some of you people see that as throwing money away. I see that as investing in your own country.
VABills Posted January 28, 2009 Posted January 28, 2009 Stupid argument. You are already paying. Why not use that money to pay people who are out of work to rebuild the crumbling infrastructure, investing in your country and it's citizens. Just rebuilding bridges alone would employ construction, trucking, steel/iron, engineers. You create jobs when you invest in public works, and you end up getting that money back in the future. Public works projects create jobs in US-based industries using US workers. Some of you people see that as throwing money away. I see that as investing in your own country. Only African Americans according to Rangel.
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