Chris Edwards debates the effectiveness of the stimulus on PBS

[hayesism]

6:38 "major financial institutions were LITERALLY evaporating"

That's why you shouldn't build major financial institutions out of volatile chemicals.

[a4finger]

Chris Edwards is right but Mark Zandie is one of the few people I've seen who debates nicely and calmly with interesting points instead of just being a stupid dick

[MortuusTyrannus]

I just wish that the Cato guy would ask the statist where the government got its stimulus money.

Apparently it is magic money from space.

[venman2]

LOL. Aliens printed it, don't you know. It came from V, right? Honestly i wish it had come from aliens. at least then we might be able to see what or if their monetary policy is backed up by anything tangible like say Dilithium Crystals.

[kbr7171]

Biden, "When some gets another 60 to 80 bucks in their paycheck, when someone is getting that one time payment of 250 bucks, it means...they're able to spend money on things that they need that wouldn't other wise have been spent."

Correct Joe, so why don't you just let the people keep that money in the first place rather than taxing it from them and then giving it back to them when YOU deem it to be necessary?

[HarrisonCountyStudio]

God, that sounds so simple! Why don't these idiots in D.C. get it?

...And why do we the voters not get it, we need to vote people out of our pockets!

[XCritonX]

Government does not create jobs, it never has. It is absolutely impossible for a government to create jobs. The government has none of its own money. All of their money is our money. They just move it from the productive private sector to the unproductive government sector.

Only entrepreneurs can create jobs. If the government wants more jobs and lower unemployment they need to get out of the entrepreneurs way and let us do what we do best, create wealth for everybody.

[HBSchool]

Eliminate Unemployment Insurance, Minimum Wage Laws, and let the market clear like EVERY OTHER MARKET.

[BlueEagle8]

Obama - LOL! Does anyone still listen to this puppet?

[032125]

Education jobs aren't creating wealth. Education isn't a bad thing, but government jobs don't produce wealth; they eat wealth.

If the Obama administration could show that the same number of jobs in industry I'd be a lot more impressed.

[MooseOfReason]

John Stossel on the broken windows fallacy:

UPmo2e-bAMQ

Government spending doesn't "save or create" jobs. It prevents other jobs from being created. This stimulus is a waste of money.

[MagnusIan]

Anyone catch that "It's Always Sunny In Philadelphia" episode where Mac & Dennis try to stir up business but had no idea what the hell they were doing? That is exactly what the government is doing.

[1973Johnny2bad]

legalized extortion ...

nothing but thievery .....

this was a stick up .....

the whole obama regime ,and czars, need to go pronto.

[RMMHS4RP]

650,000 jobs for $160 billion.  Let's see, that comes out to roughly a quarter million per job. That means that they could have just given those 650,000 people $100K for doing NOTHING and it would have cost LESS money!

[Betty5150]

What's a recovery? Losing less amount of jobs, or an increasing amount of employment.

Of course, the definition of a recovery is what is convenient to them at the time being.

Out of all this, the only thing that will come out in the long run, is the dollar crashing. War. And the system reseting.

[1973Johnny2bad]

called cooked books

smoke and mirrors

obama is a marxist joke

[ForTehNguyen]

govt cant create shit, it can only deprive the private sector through taxes to "create" jobs. Thus it destroys jobs to create even less jobs

[truthadvocate]

Biden is a moron. If putting money in people's pockets is a good thing, why don't they just fill everyone's pockets with a million dollars? Where does he think this money comes from? & what effect does he think it has on the VALUE of our dollar? An excellent example of why we'd be better off without a national coercive government especially when it's run by brain dead idiots.

[Daniel44125]

Obama is a Marxist joke. The guy should do us all a favor and resign.