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Old 07-11-2011, 09:47 AM  
TheDoc
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Quote:
Originally Posted by Vendzilla View Post
The rate did peak and went down right before he was reelected, look at a graph


the projection is what Barry used to get the stimulus, I wanted the stmulus to be honest, it just didn't work because of bad leadership, it was suppose to get people back to work, it didn't, you can throw any graphs or economic forcasts all you want, but it was to address the unemployment rate which is still at 9.2%. For the economy to get better, people need to get back to work, be taxed, then the government will have enough money to work with again.

Yeah it did a lot of things, just didn't do anything for the people out of work.
Ummmm.... that's exactly what I've been saying, and that's pretty much what Obama's numbers are doing - other than it was already skyrocketing up when Obama came in - unlike Regan.

It did work -- plenty of economists back that. Bad leadership happened at the state level - good leadership is Obama yelling at the States for being stupid and adjusting it - that's what real leaders do. The entire bill was not suppose to get people back to work, only parts of it - and over time to ensure it was done correctly - hellooooo.... Then, much of it went to help States directly, not to create jobs but to save them, and without f'in question it did that.... and very well.

Technically, it did help people out of work, greatly. What it didn't do is drop the unemployment rate another 3%.... yet. Given enough time, equal to say Reagan - maybe it will.
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