Comments on: Sinking Dem polls force Stimulus 2.0

By: Three Chord Sloth

Three Chord Sloth — Sat, 14 Nov 2009 03:12:17 +0000

The economy will heal faster if they just leave it alone.This is not a standard, run-of-the-mill recession, caused by routine business cycle oversupply and under-demand. I wish they would stop treating as one.This recession is a restructuring, driven by excessive debt… personal, business, and government; both here and abroad. And since all of this “stimulus” is borrowed money, the positive effects of the spending cannot exceed the negative effects of the new debt.After all, if the problem is too much debt, how can more debt fix it?

By: Mike C

Mike C — Fri, 13 Nov 2009 21:30:08 +0000

So… the labor market is recovering because of a “reduction in the rate” of job loss? Yeahright.Retailers and the firms which support them are beginning their holiday-season ramp-up, which this year means retaining people they otherwise would furlough. After January, the labor market will plummet like a dead goose once again.Or should I say “plummet like a lame duck”?

By: SukieTawdry

SukieTawdry — Fri, 13 Nov 2009 21:20:24 +0000

If they’re suddenly so concerned about jobs creation, why don’t they take the unspent portion of Porkulus 1.0(which is most of it) and use that money now for jobs creation programs? (Not that I necessarily agree that such spending in fact results in the creation of private sector jobs.) That money, after all, is already included in the deficit. But they won’t do that because that money is being held in reserve for pre-election spending among favored Democratic constituencies.Small business people, who provide the bulk of the jobs in this country, currently stand on the sidelines waiting to see what kinds of havoc the Obama administration and Congress will wreak on them. Porkulous 2.0 (or 3.0) will not move them.

By: Sam Spade

Sam Spade — Fri, 13 Nov 2009 18:24:00 +0000

Wouldn’t this be stimulus 3.0? There was the check that was written from the IRS early in the year, and then the one trillion dollars of pork.

By: Army of Davids

Army of Davids — Fri, 13 Nov 2009 18:20:36 +0000

For Pelosi this is stimulus number 3. How’s that worked out? Unemployment has gone from around 4.3% to 10.2% since she and Reid took control.Dollar = Pelosi Peso

By: higgins1990

higgins1990 — Fri, 13 Nov 2009 16:43:48 +0000

ZOIKS! The economy may come back on its own, despite the Stim 1 death blow! Quick, to the batcave! We must think up some way to kill it….I’ve got it! Stim 2! That oughta put the economy on the floor, then health reform and cap-n-trade will be like a silver bullet and a wooden stake through its black, capitalistic heart. Go liberals! Kill that economy!

By: MarkD

MarkD — Fri, 13 Nov 2009 16:36:53 +0000

In the end, these temporary jobs building roads to nowhere will fail, because they are temporary. The Feds are fighting human nature, and failing. A payroll tax holiday and backing off on threats of new taxes would let people spend their money on what they want to buy, signalling business to invest in areas of demand that might be sustainable, and hiring people to do jobs that create things that people want.Here’s a hint, Washington. Paying more money for the same energy I already use is a loser. So is paying more money for the health insurance I already have.

By: bandit

bandit — Fri, 13 Nov 2009 15:07:48 +0000

A little unclear how the lack of spending upfront because of the lack of “shovel ready” projects and organization will be remedied by ‘Stim2.0 – More Handouts’? How many times can you same the same makey fake believe “job”?

By: MarkJ

MarkJ — Fri, 13 Nov 2009 14:43:19 +0000

Stimulus 2.0 isn’t going to fly with the public and might well inflame opinion even more against the Democrats. A Stimulus 2.0 will invite all kinds of inconvenient questions from the public like, “Hey geniuses, your super-duper-can’t-fail stimulus 1.0 DID FAIL. What makes you think Version 2.0 will work any better?” and “You want MORE money? What the hell did you do with the billions we gave you before?”

By: peter

peter — Fri, 13 Nov 2009 13:58:08 +0000

Virginia unemployment is on the rise, but conditions vary throughout the state according to this heat map:http://www.localetrends.com/st/va_vi rginia_unemployment.php?MAP_TYPE=curr_ue