Do stimulus packages work?

[atlantasbest]

As long as the banks don't loan money we wont grow!!!

[flagship21]

No it is not working. The stimulius effect is running out. Look how cheap people are in retail.

[nxr064]

To make the US economy flourish, we need to get rid of overpopulation. There are too many people in the US and not enough jobs, especially retarded people! Also, all these companies, corporations, and entrepreneurs need to stop being greedy. What we should do is adopt the One Child Policy from China. That explains why China's economy is flourishing. We need to work together, America.

[disappears]

it's so over 4 America

[triumphelf]

Don't matter For China,They'll,Buy up more Government BONDS!!...They have already 3Trillion in Reserve Currency in the American Market!..Chinas just hoping for a quick Recovery!With out China the Dollar is Worth Crap!

[zuesthelessor]

"Economic crises have been produced by us for the goyim by no other means than the withdrawal of money from circulation." - Protocols of Zion

[nas1on1]

Wow you are going to get ONE fucking check, all around the U.S. for 150,000,000,000 bucks, you are sending the country further back than republicans ever thought.

[RayAir1]

"It was the middle-aged, married guys who have kids that struck me as the most-vicious. Several of them spoke of laying-in-wait with a high powered rifles until the local stock broker / banker / big-business-guy-who-outsource­d-all-the-jobs, is sitting in his living room watching TV. I could see the twinkle in their eyes as they spoke about firing a rifle shot through the living room window into the head of their target."

- Hal Turner of HALTURNERSHOWDOTCOM

[ybworld]

What is this bullshit? It's cheaper to build a bridge or fix a dam than it is to bail out an entire fucking mortgage industry and to consolidate banks.  No stars. This is MSM bullshit. Phuck this video.

[thebestofall007]

all i have to say about this so-called "stimulus package" is that it's the calm before the storm. we are heading the same way as Zimbabwe in their inflation. Zimbabwe thought that printing and printing money was the solution to their economic problems; thought that printing more money for the populace without building the economy in proportion was the solution. thing was, when more money is printed without adding to the overall economic base, the value of it drops like a rock.

[thebestofall007]

look at us: we create less jobs and outsource more, and bring in more cheap labor that kills wages and creates a deficit (more debt too). if we think inflation is high now, this so called "stimulus" will do nothing but raise it more when the dust settles. what we need to do? close the borders, get out of debt, and quit relying on "cheap" labor (put american workers first and make it hard for illegals to be here illegally). if not, our monetary value will be less than the paper it's written on!!

[mongobobo]

yes! let us borrow more and go into more debt! does anyone here realize that the $600 check you will receive will cost much more than that? Probably around $3000 by the time it travels thru all the bureacratic crap it has to go thru. Then your going to spend that highly deflated $600 on things made by the very people who lent it to you on the first place. China and the Arabs.

[websuspect]

LOL the prison economy is loosing value since it produces no goods.

[straksi]

get real, consentration camps are ready and railroads to them, ready to use when the dollar crashes...

[anseagraves]

This piece is quite disingenuous as it does not address a notion of "why" concerning the stated question of the piece. A lack of funds for infrastructure are endemic of the staggering economic crisis facing the US - i.e. an inflationary central bank devalues the currency while the federal government confiscates wealth through an overblown welfare state and foreign policy...

[anseagraves]

...while the ill-advised printing of currency leads to loss of purchasing power at an EXPONENTIAL RATE corresponding to a consistent DOUBLING TIME for prices of goods and services - this simple mathematical consequence of exponential growth always seems to be ignored in most discussions.

[pilgrim79]

A trillion dollars a year to fight an illegal war, and we can`t find the bucks to fix infrastructure, provide health-care etc..."America is for sale", the Chinese mandatory handbooks are on the way! Wake up America, it aint workin! Vote Ron Paul 08!!!!!!!

[mongobobo]

The war was necessary. The fucking it up wasn't. Had we done the job right our dollar would be much stronger now. Now OPEC is starting slowly what Saddam wanted to do overnight. Goodbye, Petrodollar.. Hello "Basket Currencies"

[lisawatson1]

I have no idea why you are suggesting that I need to read more... and my comment about economics was related to someone who posted here. I am aware of who the guest is. Go picket someone, would you.

[LaRoucheisright]

Forget Stimulus! We need a new finacial system. Listen to Lyndon Larouches latest webcast.

[JigglesJingle]

Whats the point of this? it just helps China's economy, it won't help ours unless we pay back the debts.

[ihavebeenawakened]

"Let me see if I get this right". We are going to BORROW 150 billion dollars from the Chinese and just hand it out to the taxpayers who are supposed to spend it (at Walmart) to stimulate the economy and then we have to pay it back later with interest to the FED (private bank with no oversight). This should be called the "stimulate China and Walmart bailout" package. GEEEEZZZZUUUZZZZZ!

[slipninja]

Where is the logic in giving back taxes to to stimulate the economy? The people in the most financial trouble are the idiots who bought lifestyles they couldn't afford, so instead of making them bust their butts to get out of the trouble they got themselves into, the government rewards their stupidity. Insane!!!

[stratvic]

Socialist ideas such as these do not work. Less government and permanent tax cuts is what is required.

[Panpiper]

I am 100% in favor of less government, but I would only favor tax cuts if we have balanced the budget. Under no circumstances should we be spending our children's money, which is what we are doing if we run deficits.

[stratvic]

Absolutely agree that spending has to be cut in order to deliver tax cuts...thats what I was refering to by the "less government".

The payout is not just in the tax savings but also in eliminating the waste that occurs between government collection and service delivery that makes government services so expensive as to be entirely inefficient compared to taxpayer sourced services.

[COAnews]

nope, big business has been shown to be the problem. They are now regulating our society including government and causing these problems. They are the source. We reduce government they will just be more subject to big business control. I'm not against less government but we must take on big business first.

[lisawatson1]

LOL... yeah, let's take them them on and full'em up with unions and penalize them to the point of choking for being productive and then when they can't afford to operate any longer and go broke, that's okay too because there's always our big welfare tit for the layed off employees.

[lisawatson1]

-take, -u, +i

[COAnews]

nope, why not have public corporations and co-ops more active in society, and why not have government actually regulate business? Why not maintain competitive markets by not allowing mergers, and building a plurality of ownership types. Check out Sweden and the Norwegians - they seem to be doing alright - they are also more happy than us.

[stratvic]

Big busienss is proped up by government. Get rid of the interference of government and business ceases to be evil. It is the combination of business and politics that delivers power to the wrong hands for the wrong reasons.

[robtran]

Interesting. This may be the first time in its history that the Republican Party was actually AFRAID of a recession/depression, as opposed to welcoming it.

[lisawatson1]

Are you out of your rotting mind? I don't even have the energy right now to reason with a mentally challenged two-year-old. Go take an economics class or stop listening to the BS Lib/Commie media.

[robtran]

Oh and what a woverly wittle attitude we have, don't we?? I bet you just stamped your dainty feet up and down on the floor as you typed that, didn't you?

*rolls eyes*

[COAnews]

that guest is a political economist - he know all about economics, and not just the big business friendly "free market" ideology you've had slammed down your throat. You need to read more.

[FattKidd]

A combination of flat/declining wages, coupled with the destruction of the dollar/inflation, has created a situation where EVERYONE needs credit to buy a car or home. MEdian home value is $225K while med income is $33K. Until you fix the dollar & wages, the rest is window dressing. MY folks paid CASH for the autos AND home, back in the '60s.

[smcuriel]

That's a very interesting point, we should explore the real intentions of this increasing dependencies on credit. All I know is that my husband makes less and less every year. No more over-time, forced to use vacation when the factory closes, and every year our medical insurance goes way up. I calculated that this year we will make 1600 less than last year, coincidentally the exact amount the government wants to give us. Do they think we're stupid that is our money they took from us!!

[airborne373]

150 Billion Stimulus Package!

Ask yourself 1 question, Where does the "government" get "its" money?

[FattKidd]

yeah, 'we're going to take your money, give most of it to corporations & billionaires, and give you another $300 rebate!! That'll fix everything!!' Thanks but, no thanks.

[lisawatson1]

Nimrod, get off the backs of the most productive in our society and stop spreading the bigfatlie that they don't pay taxes. Pin head.

[gwbushpos]

airborne373:

Good question! Is the answer a Cracker Jack box or do they just print more money?

I've often wondered how republicans find so much money over night to throw away when I haven't found a single dollar in Cracker Jack box.

[TobiasSchnaars]

they print print print!!! then when printing all this money gets them into trouble, what do they do?

Print some more!!!

[gwbushpos]

TobiasSchnaars:

That's an AWESOME solution but why can't we do that :(

It just doesn't see fair or honest that we don't have one of those printers at Kinko's.

[TobiasSchnaars]

exactly!

I wish I had one in my office.

[lisawatson1]

Our government gets the money from hard working Americans. Then every once in awhile those smiling retards up in Washington get a bug up their butts and toss a few crumbs back down to the poorest in order to keep them from revolting.

[hazukisan7]

This situation in america is ridiculus and is hurting europeans, if america goes into resession a number of companies whos main customers are US will have to either cut back on expences , lay of workers or worse close down . I really hope america does not go into recession.

maybe this is how they will implement the Amero and sell the idea to the people who would want to be saved from financial troubles.joining with canada and mexico would create a stronger currency. what do people think??

[quigsthevicious]

Americans buy so much by sinking themselves hopelessly into credit card debt and taking 2nd mortgages on their homes (so do a lot of us Canadians... I'm not trying to unfairly pick on anyone here). It's unsustainable. A whole generation was fooled into thinking credit is money, and now we're seeing the "correction". P.S. Canadians don't want a NA union :-(

[lisawatson1]

You got that about right my friend.

[SwobyJ]

Agreed. An Ontario resident who doesn't want a NAU here :(

[Telcontar1962]

Most Europeans were sold the idea of an economic market and resist polical union strenuosly....but look whats happening here.

What you want isn't important and if you vote against, governments will chip away at the edges and come back for further votes until they get the answer they want. THEN IT'S IRREVERSIBLE. Great con-trick.

[Pogie12x12]

i concur

[FattKidd]

we'd just be trading one fiat money for another fiat money. The US constitution clearly states that only gold and silver will be legal tender. We MUST return to a gold standard and restore the dollar. Beyond that, I don't care what you call it, it's still just worthless paper.

[mongobobo]

we already is in a recession. if you think a recession is coming, it's too late.

On your second point, why do you think our government is destroying our economy? it is no mistake. They want to do the same stupid thing the Europeans did.

Yay!! I've lost my soverignty!! Whoo Hoo!

[lisawatson1]

Yeah, but what it means to me, the regular hard-working American, is that the government ONCE AGAIN is obviously getting the money for the "rebates" from people like me and turning around and just pissing it right out the door. It chaps my ass that someone who doesn't even pay taxes can get these "rebates".

[FattKidd]

'It chaps my ass that someone who doesn't even pay taxes can get these "rebates".'

You mean like, corporations?

[lisawatson1]

piss off you freekin' commie... i wasn't ranting about how the big, bad, white man is keepin' a sister down. actually, i was talking about generation after generation of able-bodied young men and women who suck the tit of our welfare system.

[COAnews]

big business is the biggest recipient of welfare.

[inertia186]

I don't think the state has all the answers and needs this "deeper intervention" as he calls it. That's just a euphemism for massively higher taxes.