Thread: Economics The Stimulus, Before/After
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Old 06-12-2012, 06:06 AM   #12
scho63 scho63 is online now
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Slide 1 GDP-the government spent 5 trillion and we have GDP that is LOWER than when the crash began. NEGATIVE

Slide 2 Unemployment-Higher than when GB in office and actually higher since Obama decides not to count about 8 million unemployed people who stopped looking. NEGATIVE

Slide 3 Non Farm payrolls-$5 trillion spent hiring gov wokrers, failed green jobs and the sudden spike is now going backwards and DECREASING. NEGATIVE

All other slides point to the fact that the stimulus created a FALSE short term burst driven by printing funny money.

Interest rates are too low, the dollar has been bashed but is now climbing since no more stimulus, oil is now reversing because US dollar strength, and once Obama is gone, things will get much better
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