What happened to all of the doom and gloom economic threads?

[mercury14]

Maybe without the stimulus we would be +3.2 million jobs.

You cannot know.

Straw man argument. Nobody is saying that it's an exact process. So I will refer you to not only Moody's but Global Insight/IHS and Macroeconomic Advisors as well. Aggregating assessments like this makes the net conclusion much more powerful

You have no room to bitch about Moody's model though.

"The Moody’s Analytics model of the U.S.
economy was used to quantify the economic
impact of the various financial and fiscal
stimulus policies implemented during the cri-
sis and recession. This model is used regularly
for a range of purposes, including economic
forecasting, scenario and sensitivity analysis,
and most relevant for the work presented
here, the assessment of the economic impact
of monetary and fiscal policies. It is used by a
wide range of global companies, federal, state
and local governments, and policymakers."


Yes and Republican policy makers too. Moody's is in the news regularly as one of - of not THE most respected source for economic analysis in the world. Nobody is questioning Moody's integrity or accuracy on either side of the political spectrum. It's just... you. And you've given no basis for your attack.

 

[koalabear]

Moody’s, the well-known ratings agency, downgraded the U.S.’s AAA debt rating this morning. The move comes on the heels of debt ratings downgrades made over the past few months, including downgrades on Greece’s debt and on Portugal’s debt. The downgrades on Greece’s debt sent the European Union’s monetary union into disarray for weeks. Of course, the fact that the U.S.’s sterling debt rating has now been tarnished is prompting even more widespread fear. The U.S. is the world’s pre-eminent economy, so a debt ratings downgrade is big news — especially since U.S. Treasuries had formerly been seen as one of the safest investments in the world.

 

[koalabear]

Moody‘s warned the government could also face a downgrade if it fails to come up with a plan to control the country’s rising debt.

“Since the risk of continuing stalemate has grown, if progress in negotiations is not evident by the middle of July, such a rating action is likely,” Moody’s said.

The U.S. government hit its $14.3 trillion borrowing limit on May 16. The debt limit is the amount the government can borrow to help finance its operations.

 

[busybody..]

........Fed seen dialing down GDP forecasts


someone tell Moody's

 

[koalabear]

Stocks flatten ahead of Fed's rate decision

http://money.msn.com/market-news/post.aspx?post=83818082-c898-4ef8-a689-0b4a86a13089&_nwpt=1

 

[busybody..]

Straw man argument. Nobody is saying that it's an exact process. So I will refer you to not only Moody's but Global Insight/IHS and Macroeconomic Advisors as well. Aggregating assessments like this makes the net conclusion much more powerful

You have no room to bitch about Moody's model though.

"The Moody’s Analytics model of the U.S.
economy was used to quantify the economic
impact of the various financial and fiscal
stimulus policies implemented during the cri-
sis and recession. This model is used regularly
for a range of purposes, including economic
forecasting, scenario and sensitivity analysis,
and most relevant for the work presented
here, the assessment of the economic impact
of monetary and fiscal policies. It is used by a
wide range of global companies, federal, state
and local governments, and policymakers."


Yes and Republican policy makers too. Moody's is in the news regularly as one of - of not THE most respected source for economic analysis in the world. Nobody is questioning Moody's integrity or accuracy on either side of the political spectrum. It's just... you. And you've given no basis for your attack.

the SAME Moody's model that MISSED all teh downgrades of all the businesses that went BUST in 2008?

Oh that MODEL

UGLY MODEL

http://i.telegraph.co.uk/multimedia/archive/01702/ugly1_1702771i.jpg

 

[MeeMie]

Congressional Budget Office :
Stimulus almost doubled U.S. debt


A new report from the Congressional Budget Office (CBO) finds that President Obama’s economic stimulus program helped nearly double U.S. debt.


The 2011 Long-Term Budget Outlook, released Wednesday morning, reports that the “the combination of automatic budgetary responses” and Obama’s stimulus “had a profound impact on the federal budget.”

According to CBO projections, before Obama’s stimulus became law, federal debt equaled 36 percent of GDP and was projected to decline slightly over the next few years.

Instead, thanks in large part to the stimulus, debt reached 62 percent of GDP by 2010.

 

[unregistered]

 

[Ulaven_Demorte]

Has anyone rousted Merc out of his rack and read him the news?

You haven't learned not to listen to Meme and it's selective interpretations yet?
Here's the CBO report.

Which tells us that when President Obama took over the White House the economy was in deep trouble and it cost a shit-ton of money to keep it from decaying even more.

Tell us something we don't already know.

 

[koalabear]

Has anyone rousted Merc out of his rack and read him the news?

I bet his twin UD answers for him, oh wait......

 

[busybody..]

You haven't learned not to listen to Meme and it's selective interpretations yet?
Here's the CBO report.

Which tells us that when President Obama took over the White House the economy was in deep trouble and it cost a shit-ton of money to keep it from decaying even more.

Tell us something we don't already know.

no one is arguing that shit, NP

you dumbass

 

[mercury14]

You haven't learned not to listen to Meme and it's selective interpretations yet?
Here's the CBO report.

Which tells us that when President Obama took over the White House the economy was in deep trouble and it cost a shit-ton of money to keep it from decaying even more.

Tell us something we don't already know.

The Moody's report said it would have likely been more costly to the taxpayers to not have the stimulus. Hint to the righties: if you actually read the report you'd see how this works.

 

[NeverEndingMe]

you mean that obama followed through with the plan Bush had started, right?

You haven't learned not to listen to Meme and it's selective interpretations yet?
Here's the CBO report.

Which tells us that when President Obama took over the White House the economy was in deep trouble and it cost a shit-ton of money to keep it from decaying even more.

Tell us something we don't already know.

 

[mercury14]

Moody’s, the well-known ratings agency, downgraded the U.S.’s AAA debt rating this morning. The move comes on the heels of debt ratings downgrades made over the past few months, including downgrades on Greece’s debt and on Portugal’s debt. The downgrades on Greece’s debt sent the European Union’s monetary union into disarray for weeks. Of course, the fact that the U.S.’s sterling debt rating has now been tarnished is prompting even more widespread fear. The U.S. is the world’s pre-eminent economy, so a debt ratings downgrade is big news — especially since U.S. Treasuries had formerly been seen as one of the safest investments in the world.

So wait, now Moody's is a reliable independent source?

 

[busybody..]

The Moody's report said it would have likely been more costly to the taxpayers to not have the stimulus. Hint to the righties: if you actually read the report you'd see how this works.

its outdated

they ALSO said that the STIM in CONJUNCTION with all teh other shit
PLUS, they based it on a CBO "study" that has by now been disproved

you sticking by Moodys, may draw rave reviews from LIT DUMMIES and NIGGERS

but its baseless

 

[koalabear]

So wait, now Moody's is a reliable independent source?

You said it was. Moron.

 

[mercury14]

its outdated

they ALSO said that the STIM in CONJUNCTION with all teh other shit
PLUS, they based it on a CBO "study" that has by now been disproved

you sticking by Moodys, may draw rave reviews from LIT DUMMIES and NIGGERS

but its baseless

Busybody is capable of discrediting Moody's Analytics, the most respected economic analysis firm in the world.

 

[busybody..]

Busybody is capable of discrediting Moody's Analytics, the most respected economic analysis firm in the world.

facts

of 2011

makes the 2010 "model"

obsolete

 

[busybody..]

Crippled Housing Market to Take Another Hit on Behalf of ObamaCare

Good thing that the collapsing housing market that caused the Great Recession is all better now. Maybe it will survive this coming assault from the wildly metastasizing cancer that is our rogue government:

Beginning January 1, 2013, ObamaCare imposes a 3.8% Medicare tax on unearned income, including the sale of single family homes, townhouses, co-ops, condominiums, and even rental income. … This new ObamaCare tax is the first time the government will apply a 3.8 percent tax on unearned income. This new tax on home sales and unearned income and other Medicare taxes raise taxes more than $210 billion to pay for ObamaCare.
When George Bush Sr. broke his promise not to raise taxes, it ended his political career. The difference with Barack Hussein Obama is that even his supporters knew at the time that he was lying.

 

[busybody..]

NIGGERS, All

Dems Living In A Galaxy Of Denial Over Obama’s Failed Economic Policies, Accuse GOP Of Intentionally Sabotaging Economy…


Nice try, even DNC Chief Wasserman Schulz has said you guys “own the economy.”

(TPM) — They’ve made it explicit. Democrats are accusing Republicans of trying to sabotage the recovery — or at least stall it — by blocking all short-term measures to boost the economy, even ones they previously supported.

In a Capitol press conference Wednesday, the Senate’s top Democrats argued that Republicans don’t want to pass measures like a temporary payroll tax holiday for employers because they’ll improve President Obama’s re-election chances.

“Our Republican colleagues in the House and Senate are driven by putting one man out of work: President Obama,” said Senate Majority Whip Dick Durbin (D-IL).

The harshest denunciation came from Sen. Chuck Schumer (D-NY), the man who crafted the Dems’ new “jobs first” message.

“We are also open to hiring incentives, perhaps in the form of a payroll tax cut for employers that was floated by the administration…. [T]hat might not be our first choice, that shows how willing we are to work with the Republicans to create jobs. It’s pro-business, it’s a tax cut, and many Republicans have been for it in the past. But now all of a sudden they’re coming out against it,” Schumer said.

 

[busybody..]

Why?

Its simple really

Its

NIGGEROMICKS

​

Bernanke Bewildered: Can’t Figure Out Why ObamaNomics Isn’t Working…


Yeah, it’s a total mystery.

(AP) — The economy’s continuing struggles aren’t just confounding ordinary Americans. They’ve also stumped the head of the Federal Reserve.

Fed Chairman Ben Bernanke told reporters Wednesday that the central bank had been caught off guard by recent signs of deterioration in the economy. And he said the troubles could continue into next year.

“We don’t have a precise read on why this slower pace of growth is persisting,” Bernanke said. He said the weak housing market and problems in the banking system might be “more persistent than we thought.”

It was the Fed chief’s most explicit warning yet that the economy will face serious challenges next year. For several months, he had said the factors working against economic growth appeared to be “transitory.”. . .

But at a press conference afterward, the second of what the Fed says will be regular question-and-answer sessions with reporters, Bernanke conceded the economy’s troubles are more puzzling and potentially more long-lasting than a pair of temporary shocks.

Oh

Of course, LIT's NIGGERS

UD and MO CURRY

are fully in

PROTECT NIGGER

Head in SAND

Mode​

 

[IrezumiKiss]

blah blah blah n-word-romicks

blah blah blah n-word in title, all bolded caps

YAAAAY ENABLED CLEVER SNARKY RACISM!!!

http://i225.photobucket.com/albums/dd319/damienxantrophia666/1christ-middle-finger.jpg

go eat a fucking hot bowl of cancer-ridden phallus, bitch dead sea saltwater sucking motherfucker

 

[busybody..]

Myopic

naive

Simplistic

Useless

Defender of the Indefensible

Typical

COLORED

"person"

Has the ability and talent to rise above, yet chooses to slink even lower

​

 

[Frisco_Slug_Esq]

AJ, you're a vacuous fool. Yes there is such a thing as economic policy evaluation. You're sitting here denying that such a thing even exists? People get Ph.Ds in it. Are they all wasting their time? Is the entire field of economics one big falsehood?

You've become wholly dismissable. And your goal post shifting is HILARIOUS. Every time I check this thread you're bailing out and going off-topic. It's impossible to even tell what your current baseless argument is right now because you keep changing it. You've been through so many of them:

1) Only the NRO and American Thinker are qualified to perform economic analysis.

2) There is no non-partisan economic analysis that says the stimulus worked

3) Okay so maybe there is. But it's suddently impossible to analyze policy.

4) If non-partisan independent analysis says the stimulus worked, it's obviously partisan.


You're essentially reduced to accusing things like "knowledge" as being liberal.

Your cherry-picking is laudable, but those were not "good" jobs created nor did they get us out of the hole and as evidenced by Bernake's comments yesterday, for what we spent, the stimulus was a failure and not only that, but a damnable lie. You yourself were crowing about how the pdf you linked to was authored by a Republican, therefore, no one of us could deny it's truth, that the stimulus created 2.1 million jobs by their analysis which is a great sounding number until you drop it into a little thing we like to call context.

Now, you're almost angry because you posted a piece of evidence, that in your mind was supposed to be a winning point, but we're still trying to figure out what the hell it is you think you won; the point that we're all liars, or the point that Obama "saved the economy, or some other ancillary point.

The economy is not adding 500,000 jobs a month. The stimulus was going to do that, if it had between the time the report was written and now, we would have added close to ten million jobs, but the real fact of the matter is, the best month the stimulus had was the recent McDonald's month. The stimulus was written only to benefit the governments and Unions of the Nation. "Shovel-Ready" was merely a marketing tool and a tested poll phrase, not a reality, not an economic effort, but a political effort that failed to save the day in 2008.

It is easy to see that the reason the economy is not growing is government intervention in the economy and thus we come back to the first week of the thread when we, the "Economic Deniers," began posting articles counter to the prevailing Liberal Keynesian winds of the day because we knew there was another way to handle a recession, a tried and true way of the past, one that actually works.

If anyone is moving goalposts, it is the defenders of the Obama Keynesian tactics and the stimulus, many of who brought the bromide that Obama-Pelosi Care was going to raise availability and lower costs. It is easy to see that one of our bigger economic problems is the legacy costs of Entitlement spending and instead of making that priority one in its new power, the Democrat Part decided that adding a new legacy entitlement was more important for future votes than any downturn in the economy.

The non-partisan economic report yesterday was a growth rate that continues a contraction. You aren't really adding any jobs with under 2% growth and Bernake gave no reason for employers to hire and expand, which is why so much of Obama's growth has been from the temp employment segment of the economy. That's government intervention at work; nobody knows who will be tomorrow's winners by government largess lottery and nobody knows for sure the compliance costs of 4,000 pages of new legislation and the bureaucratic rules written in their wake by unaccountable agencies of government.

And I could say all of that, without the American Thinker, without the NRO, without the Mises website and without having to diagnose your particular problems in order to "win" a point.
__________________
Barry 2012 Says: ”’Shovel-ready’ was not as shovel-ready as we expected.” (Laughter)
http://pajamasmedia.com/tatler/files/2011/04/obama-wide-grin80.jpg

 

[Frisco_Slug_Esq]

Busybody is capable of discrediting Moody's Analytics, the most respected economic analysis firm in the world.

What has Moody's said lately about the possible downgrade of our stimulated economy?