You really can’t. You can measure correlation but not causation. If the economy turns around, it could be because of this, or not. If it gets worse, it could be because of this, or not. That’s why there’s so many different schools of economics, you can draw your own conclusions. The minute any economic action takes place, you forever lose the opportunity to know what would have been without it. Personally, I think this is far from perfect, but that overall it will do a lot more good than bad. I don’t think it’s in the exact form that Obama wanted, but our system is such that Congress is like a reverse Delta Sonic car wash. What you get coming out is largely the same thing you had coming into it, it just has a whole bunch of crap all over it now and may be a bit hard to recognize.
But if the economy gets worse you can safely say the stimulus didn’t work.
So basically those of us against it can prove we were right if this goes the way we predict, but those of you for it can’t prove we were wrong if the economy does turn around.
So suck it :lol:
This is not the Bush bail out plan where money just disappears. From the very beginning they talked about having a public website that you could log into and see exactly where the money is going. Once this plan gets implemented you’ll be able to see where the money went…you may not like where some of the money went but at least you’ll know where it is.
You could always argue that the stimulus prevented it from getting a lot worse. :shrug:
Fry heard my thoughts on the stimulus Friday night. Tequila tends to make these things a lot clearer.
I did? Apparently crown makes things murkier. :shrug:
Explains the sore ass now doesn’t it?
Yeah, in between the point where half the people bailed and when we left for Allen I gave you a good rant session on Republican congressmen, Keynesian economics, and licenses to procreate. :lol:
I think we need more kids with psychology/business/general teaching degrees.
Their last class should teach them not to forget “Would you like that super sized.”
Edit: see thread about tips.
Haha oh yeah. Nothing like a good drunken rant on the dangers of a shrinking money supply in an expanding population. Or something.
this.
UPDATED
WTF is protecting the vulnerable? Without getting into details, is that the welfare bucket?
i think thats extra unemployment, helping people refi shitty mortgages, etc.
Gotcha. And might I add, uggh.
hard to argue with transparency though. You may not be able to prove whether it fixed the economy or not, but you can see what was purchased, and it won’t be C and BAC stock :sword:
COBRA
UGGGH *9879872983723
I hope they don’t spin it so hard that it defeats its own purpose, but yeah on the surface this is what should happen when democracy meets the internet age.
The timeline at the bottom suggests we won’t be able to see money on the street figures until July-ish, I suppose that’s pretty good for government work though