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Thread: Pain Without Gain

  1. #21
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    [QUOTE=Winstonbiggs;4373103]And why couldn't they have that with a teachers aid and broadcast interactive lectures from top people. These kids communicate with their parents and friends through texting and face book. The 60's happened 50 plus years ago.[/QUOTE]

    Because it would require real change.

  2. #22
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    An increase in government stimulus spending during dire economic times is very good and proven policy. The keys are duration and funding targets.

    The notion coming from the right that the country's current deficits are due to stimulus spending is simply laughable. There are three huge elephants in the room: Defense, Social Security, and Medicare. Focusing on the relatively minor stimulus spending that kept the economy afloat during a potential collapse is ignorant at best.

  3. #23
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    [QUOTE=parafly;4373152]An increase in government stimulus spending during dire economic times is very good and proven policy. The keys are duration and funding targets.

    The notion coming from the right that the country's current deficits are due to stimulus spending is simply laughable. There are three huge elephants in the room: Defense, Social Security, and Medicare. Focusing on the relatively minor stimulus spending that kept the economy afloat during a potential collapse is ignorant at best.[/QUOTE]

    With all due respect (as I agree with the premise of your post) it is also "ignorant at best" to say this primary purpose of this stimulus was to jump-start the economy (as opposed to further a political agenda) . . .

  4. #24
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    [QUOTE=OCCH;4373174]With all due respect (as I agree with the premise of your post) it is also "ignorant at best" to say this primary purpose of this stimulus was to jump-start the economy (as opposed to further a political agenda) . . .[/QUOTE]

    Agree to disagree. Of course there were political agendas at play, but the primary purposes of the stimuli were to keep key industries solvent and afloat (banking/finance and auto) along with tax relief for all Americans (almost 40% of the Stimulus was tax cuts).

  5. #25
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    [QUOTE=parafly;4373152]An increase in government stimulus spending during dire economic times is very good and proven policy. The keys are duration and funding targets.

    The notion coming from the right that the country's current deficits are due to stimulus spending is simply laughable. There are three huge elephants in the room: Defense, Social Security, and Medicare. Focusing on the relatively minor stimulus spending that kept the economy afloat during a potential collapse is ignorant at best.[/QUOTE]

    We have had a policy of stimulus for 20 plus years, that's what caused the bubble in our economy and the crash.

    The stimulus would have been fine if it wasn't done for political reasons instead of economic reasons and it had a long term tax reform and deficit program attached to it like Simpson Bowles.

  6. #26
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    [QUOTE=Winstonbiggs;4373199]We have had a policy of stimulus for 20 plus years, that's what caused the bubble in our economy and the crash.

    The stimulus would have been fine if it wasn't done for political reasons instead of economic reasons and it had a long term tax reform and deficit program attached to it like Simpson Bowles.[/QUOTE]

    A general policy of stimulus has lasted for 30 years.

    I agree that the stimulus packages of the past 3.5 years could have been designed and implemented much better. Obama squandered an ideal opportunity for true reform and decided to continue with the status quo instead.

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