Ben Stein Takes on O'Reilly on Taxing the Rich

[SiriuslyLong]

I would have to agree. To truly stimulate, one has to build assets (productive assets are better). Tax decreases are good in the sense that people will either spend or save them, and both have benefits to an injured economy.

I wouldn't bust on Fox News. There are plenty of specifics they have poked at in the past - I recall fixing sidewalks in Beverly Hills as one example. Another had something to do researching bugs.

Apologize? You aren't serious. You apologize for posting a Daily Kos piece that had so much spin on it I'm still dizzy from reading it.

[Havakasha]

Spin isnt the same thing as misquoting Mr. Stein and then leaving out the main thrust of his opinion about the stimulus plan.

Yes I am serious. You still havent apologized for pushing the $278,000 lie.

If thats the best you can come up with on misspent stimulus money you just proved my point.
How much does all that add up to?

[SiriuslyLong]

Where are the jobs?

"Before entering the White House, Obama's economic advisors predicted a package they wanted to be even larger would hold unemployment below 8%, and it hasn't come close. Today, 30 months after the law was passed, it remains at 9.1%."

http://content.usatoday.com/communit...oosting-jobs/1

[Havakasha]

Yes they underestimated the extent of the recession (when looking back in time economists found out it was much deeper than we thought) and overpromised. The stimulus did create millions of jobs, but not clearly enough. Some argued including Krugman that we needed a bigger stimulus package and one with not so many tax cuts in relation to true stimulus. If you read the article i posted on stimulus with the nine studies i think you will find some interesting information there. You seem to want to play gotcha politics and avoid a serious discussion of the recession and some of the structural problems that exist in the U.S. As Ben Stein pointed out there wasnt much more the Obama administration could have done. There are quite a few economists who think we will have plus 8% unemployment for years to come.

[Havakasha]

Siriusly Long who are you thinking favorably about whose running for President (besides Ron Paul)? I'm curious to read about their proposals to bring unemployment rates down.

[SiriuslyLong]

I think the one guy is thinking soylent green is the solution.

[Havakasha]

Which Presidential candidates do you like or are you becoming interested in besides Ron Paul?