Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Ankle Breaker Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 06-11-2012, 06:45 PM  
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 
Join Date: Oct 2006
Location: Springpatch
Casino cash: $1209083
The Stimulus, Before/After

I have not the slightest idea how to copy and paste this piece into a thread here. So my apologies on that.

Fortunately, it's 20 slides you should be able to breeze through in a couple minutes.

http://www.moslereconomics.com/wp-co...f/stimulus.pdf

I'm sure the next 50 posts will tell me to shove my head up my ass.

It's a good "read" regardless. Thoughts welcome, as if I needed to ask.
Posts: 43,713
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
  Reply With Quote
Old 06-11-2012, 08:19 PM   #2
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $473455
Interesting. It appears that the stimulus was enacted at the depth of an economic downturn. Who could have imagined that?

The questions raised by these charts are what would these curves have looked like without the stimulus and what would they have looked like if a different remedial policy had been pursued?
__________________


"I'll see you guys in New York." ISIS Caliph Abu Bakr al-Baghdadi to US military personnel upon his release from US custody at Camp Bucca in Iraq during Obama's first year in office.
Posts: 75,744
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 06-11-2012, 08:24 PM   #3
SNR SNR is offline
Simply Red's backup vocalist
 
SNR's Avatar
 

Join Date: Apr 2002
Location: Where the hell is SNR
Casino cash: $4579140
Go shove your head up your ass
__________________
Quote:
Originally Posted by Reaper16 View Post
I would read an entire blog of SNR breaking down athletes' musical capabilities like draft scouting reports.
Posts: 54,738
SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.
  Reply With Quote
Old 06-11-2012, 08:24 PM   #4
SNR SNR is offline
Simply Red's backup vocalist
 
SNR's Avatar
 

Join Date: Apr 2002
Location: Where the hell is SNR
Casino cash: $4579140
x50
__________________
Quote:
Originally Posted by Reaper16 View Post
I would read an entire blog of SNR breaking down athletes' musical capabilities like draft scouting reports.
Posts: 54,738
SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.
  Reply With Quote
Old 06-11-2012, 09:47 PM   #5
Iz Zat Chew Iz Zat Chew is offline
Guess I'm not who I think I am
 

Join Date: Jun 2008
Location: Planet Earth
Casino cash: $5806
Not too interested in what you do with your head, but I agree with the first respondent.

I feel much of the stimulus went into pockets rather into business recovery. A percentage of people feel the downturn was going to self heal itself due to business decisions made by those that reacted to the recession as they had in the past.
Posts: 1,164
Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.
  Reply With Quote
Old 06-12-2012, 12:07 AM   #6
ClevelandBronco ClevelandBronco is offline
Banned
 
ClevelandBronco's Avatar
 

Join Date: Sep 2006
Casino cash: $160088
Quote:
Originally Posted by Iz Zat Chew View Post
Not too interested in what you do with your head, but I agree with the first respondent.

I feel much of the stimulus went into pockets rather into business recovery. A percentage of people feel the downturn was going to self heal itself due to business decisions made by those that reacted to the recession as they had in the past.
patteeu is correct, as he just about always is, and so are you. There's no way we can know what would have happened if we had tried a different approach.

But as for the bolded part, yeah. Some of the money went into pockets, but a lot of it soon came out again and went into other pockets. It was spent, it was invested, it was used to shore up the foundations of the banks and businesses that got it, it was put to work in some way. You may have a problem with the people who owned the first set of pockets it went into, and I probably do as well, but the "money" (whatever the hell that really means now) didn't just get piled up in Scrooge McDuck's hoarding house.

As for the money that went to the banks, what the heck were they supposed to do? Just act as a redistribution system for all of it? They got a good portion of the "stimulus" because many of them were teetering on the brink of collapse already because of loose lending practices. What? They were supposed to just turn around and send it all out again to businesses and consumers that were even less able to pay the money back than they had been when this whole mess started? That certainly wouldn't have solved anything at all. It makes even less sense to lend to businesses that are going bust and people who are unemployed or underemployed that it made to lend to them when they were better off. To the extent that the banks held on to a large chunk of it, they were using it for business recovery. It's just that the business they were recovering was their own.

So some other businesses failed and some people lost their homes. Good. Some businesses are supposed to fail and some people are supposed to lose their homes. That was just a temporary return to something resembling sanity.

Maybe some more banks should have been allowed to lose their asses. Maybe a slew of those leeches should have been made to provide us with a perp parade. But to a large extent the banks that took the money used it to get back to a reasonable level of capitalization. That was priority number one in the wake of this crap, despite the P.R. pitch that they were going to use it to enable us to be carefree again. (Besides, even if more banks had gone bust, the replacement banks that would have risen from their ashes would have been run by the exact same pack of bastards that they replaced well, except for the ones that might have been doing time. The new banks wouldn't have been run by unemployed factory and retail workers, for Pete's sake. They would have been run by guys with experience in banking. God help us.)

Yeah, some of the money was used by that pack of thieves to party like it was 1999, but not that much of it in the grand scheme of things. And, quite frankly, I'm happy that someone was spending a little money. Businesses don't just conjure jobs to fulfill some divine inner yearning. Demand for goods and services causes businesses to create and/or preserve jobs. At least these bankster assholes know how to consume.

Now shove your head up your ass, Direckshun.
Posts: 20,184
ClevelandBronco has disabled reputation
  Reply With Quote
Old 06-12-2012, 03:02 AM   #7
Comrade Crapski Comrade Crapski is offline
Banned
 

Join Date: Mar 2012
Location: Sea of Green 23.4
Casino cash: $28270
Obamanomics central planning command economy has worked it's "magic"...

Posts: 3,833
Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.Comrade Crapski is too fat/Omaha.
  Reply With Quote
Old 06-12-2012, 04:36 AM   #8
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Virginia
Casino cash: $284
Quote:
Originally Posted by Direckshun View Post
I have not the slightest idea how to copy and paste this piece into a thread here. So my apologies on that.

Fortunately, it's 20 slides you should be able to breeze through in a couple minutes.

http://www.moslereconomics.com/wp-co...f/stimulus.pdf

I'm sure the next 50 posts will tell me to shove my head up my ass.

It's a good "read" regardless. Thoughts welcome, as if I needed to ask.


Some of these slides are factually incorrect-the net worth slide is false. Overall net worth of Americans has suffered incredibly from the housing downturn and is not higher now because of the stimulus.

Also, the unemployment rate is FALSE-it has been rigged to exclude workers who have stopped looking for work. The real rate is 10% or better.

There are some other slides that I am not sure where the data was pulled from.

Spending $5 trillion dollars to generate $1 trillion of productivity can not be considered a good investment or a success for any MBA graduate.
__________________
---
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"
~Redd Foxx~



2013 2014 ADOPT A CHIEF
MIKE CATAPANO
Posts: 4,689
scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.
  Reply With Quote
Old 06-12-2012, 05:40 AM   #9
chiefzilla1501 chiefzilla1501 is offline
MVP
 

Join Date: Aug 2008
Casino cash: $127179
As I've said before, the big thing I can't stand about Obama is that he spends an astronomical amount of money to create short upticks. He wants to hire more teachers, firefighters, and cops. Much as I respect those professions,do we need more of them? No. They aren't job creators. Construction jobs create jobs, but long term jobs? No. And so we fund a whole ton of these projects often on things we don't even need. In this slumping economy I can't even believe the massive amount of construction I've seen to widen street lanes.

You know what creates jobs? The next google. The next Facebook.

And Obama also acts like small businesses are so appreciative of tax cuts. Tax cuts mean nothing if the cost of complying with idiotic regulations balances that tax cut out.
Posts: 19,642
chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.
  Reply With Quote
Old 06-12-2012, 05:46 AM   #10
Iz Zat Chew Iz Zat Chew is offline
Guess I'm not who I think I am
 

Join Date: Jun 2008
Location: Planet Earth
Casino cash: $5806
Quote:
Originally Posted by chiefzilla1501 View Post
As I've said before, the big thing I can't stand about Obama is that he spends an astronomical amount of money to create short upticks. He wants to hire more teachers, firefighters, and cops. Much as I respect those professions,do we need more of them? No. They aren't job creators. Construction jobs create jobs, but long term jobs? No. And so we fund a whole ton of these projects often on things we don't even need. In this slumping economy I can't even believe the massive amount of construction I've seen to widen street lanes.

You know what creates jobs? The next google. The next Facebook.

And Obama also acts like small businesses are so appreciative of tax cuts. Tax cuts mean nothing if the cost of complying with idiotic regulations balances that tax cut out.
The bad thing about the next google or the next Facebook is that neither of them will produce anything. America used to be a productive nation, most of the factory jobs that used to be in America are now offshore. We have far too few kids that don't know what an honest day's work might be all about.
Posts: 1,164
Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.
  Reply With Quote
Old 06-12-2012, 05:59 AM   #11
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Virginia
Casino cash: $284
Here is a New York Times story that totally rebukes the slide that states net worth has risen since the stimulus

Family Net Worth Drops to Level of Early ’90s, Fed Says

http://finance.yahoo.com/news/family...185603451.html
__________________
---
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"
~Redd Foxx~



2013 2014 ADOPT A CHIEF
MIKE CATAPANO
Posts: 4,689
scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.
  Reply With Quote
Old 06-12-2012, 06:06 AM   #12
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Virginia
Casino cash: $284
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
__________________
---
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"
~Redd Foxx~



2013 2014 ADOPT A CHIEF
MIKE CATAPANO
Posts: 4,689
scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.scho63 wants to die in a aids tree fire.
  Reply With Quote
Old 06-12-2012, 06:36 AM   #13
Bewbies Bewbies is offline
Where's the flag ref?
 
Bewbies's Avatar
 

Join Date: Apr 2010
Casino cash: $71562
Quote:
Originally Posted by Iz Zat Chew View Post
The bad thing about the next google or the next Facebook is that neither of them will produce anything. America used to be a productive nation, most of the factory jobs that used to be in America are now offshore. We have far too few kids that don't know what an honest day's work might be all about.
The only jobs that produce anything are factory jobs. No other business model in the world produces anything.

Idiot.
Posts: 6,460
Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.Bewbies is blessed with 50/50 Hindsight.
  Reply With Quote
Old 06-12-2012, 07:13 AM   #14
Iz Zat Chew Iz Zat Chew is offline
Guess I'm not who I think I am
 

Join Date: Jun 2008
Location: Planet Earth
Casino cash: $5806
Quote:
Originally Posted by Bewbies View Post
The only jobs that produce anything are factory jobs. No other business model in the world produces anything.

Idiot.
Hey Dolt, have you missed the fact that a very large percentage of our factories have been sent to China, Vietnam, Malaysia, India, Mexico and elsewhere?

At this moment we consume as much food from outside the country as we do from inside the country.
Posts: 1,164
Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.Iz Zat Chew must have mowed badgirl's lawn.
  Reply With Quote
Old 06-12-2012, 09:30 AM   #15
SNR SNR is offline
Simply Red's backup vocalist
 
SNR's Avatar
 

Join Date: Apr 2002
Location: Where the hell is SNR
Casino cash: $4579140
Quote:
Originally Posted by Iz Zat Chew View Post
The bad thing about the next google or the next Facebook is that neither of them will produce anything. America used to be a productive nation, most of the factory jobs that used to be in America are now offshore. We have far too few kids that don't know what an honest day's work might be all about.
This is the dumbest post I've read on this forum in quite some time.
__________________
Quote:
Originally Posted by Reaper16 View Post
I would read an entire blog of SNR breaking down athletes' musical capabilities like draft scouting reports.
Posts: 54,738
SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.SNR is obviously part of the inner Circle.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -6. The time now is 06:43 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.