I think Mr. Obama’s reluctance to “own” the true unemployment figures is not sitting well with middle America. Only lefty-lefties wallow in the “victim” puddle.

Now that the “historic” election is over, the zealots will not vote again.

The point of the stimulus was to spur the recovery

…by doing MORE of the things that created the recession in the first place, but also conveniently rewarding the world’s looters. And Tano is thrilled with it. Natch.

Assuming that unemployment will increase when the stimulus is over is to assume that there will be no recovery.

Indeed there won’t be. Your Lord and Savior, Tano, today Himself predicted a “double-dip” recession if we don’t reduce our government deficits and spending. And who has been doing that spending? Who has every intention of increasing it, at every point? The same dude. Please see #5.

The point of the stimulus was to spur the recovery, and also to provide jobs until the recovery kicks in.

NONE of which is happening. Which is why the congress critters are running around how to come up with a Porkulus II and Chairman Maobama has to hold a jobs “summit”, after almost a year, to figure out how to get businesses to create jobs. However, we all know damn well that he won’t do what it takes to get there.

I dont see the sense of this argument.

Natch. You have your job, so why the f*ck should you care?

Chairman Zero should make OJ Simpson his “Spending Czar,” with a mandate to track down the real spenders.

Heh.

If “stimulus” really does “save or create” so many jobs, why aren’t we doing 1000 times as much? Why not send $3 million checks to every American family, and run deficits in the $1 quadrillion range?

No leftie ever has a good answer.

A nation cannot restore its fortunes, much less get rich, by printing money. Or by running deficits at 9% of its GDP. That is the path to becoming a Third World country. And it is the path Obama has us on.

If “Stimulus” really did “save or create” so many jobs, what happens when federal funds dry up?

I like to ask the question from a different angle: If “stimulus” really does “save or create” so many jobs, why aren’t we doing 1000 times as much? Why not send $3 million checks to every American family, and run deficits in the $1 quadrillion range?

“Stimulus” and bailouts do nothing, repeat NOTHING, for the economy except line the pockets of looters, at the expensive of the prudent and the productive. (Looters in and out of government; or in and out of Wall Street.) That’s the whole point. In other eras, it has been called “socialism”.

Why does “stimulus” do nothing? Well, all “stimulus” must be paid for in one of three ways:
1) Government takes money from the People by taxes. Job-destroyer.
2) Government takes money from businesses by competitive borrowing. Job-destroyer.
3) Government takes money’s -value- from the nation’s savers (whether people or businesses), by printing new money from thin air. Job-destroyer.

Obama-Bernanke have mostly been doing (3). The Fed has purchased over $1.5 trillion in bonds since a year ago. ($300B in Treasury bonds and well over $1 trillion in mortgage bonds, which money then flows indirectly into Treasuries from those who benefitted in the bond markets.) Is it a coincidence that $1.5 trillion is just about the amount of Obama’s deficit?

Those giant masses of new money inflate the asset bubbles and commodity bubbles that we’re currently seeing. They inflate the stock market. How well did having a stock market bubble turn out for us, the last 2 times? They inflate the real estate market. How well did the real estate bubble turn out for us, the last time? They inflate commodities. Oil is at $80, gas is at $3.50/gallon, food is creeping up, gold is at $1150. All that is early inflation, folks. How is it helping the economy? How is it *not* lowering people’s living standards and destroying jobs?

To solve unemployment, government must do these things:
1) End all stimulus. Drastically cut spending and deficits.
2) End all bailouts. If (please note *IF*) it’s too big to fail, then it’s too big to exist.
3) Cut corporate taxes across the board. That will help create or save jobs *right now*.
4) Cut regulations, to release the job-creating American entrepreneur from her shackles.

With our national debt increased, the problems persist are actively worsened.

Made a fix. The Chinese are losing patience with us and, under Obama’s policies, if they pull the plug on us, we are hosed.

And now, the President warns that if we “keep on adding to the debt,” that could lead to a double-dip recession. His very policies will thus make that second recession particularly severe.

Exactly! You get it.