Do stimulus packages work?
Loading...
Uploaded by TheRealNews on Jan 25, 2008
More at http://therealnews.com/c.php?c=070926YT
Leo Panitch: Stimulus not solving underlying problems like consumer debt or broken infrastructure
Friday January 25th, 2008
Leo Panitch is the Canada Research Chair in Comparative Political Economy and a Distinguished Research Professor of Political Science at York University in Toronto. Panitch is also the author of Global Capitalism and American Empire.
- 48 likes, 8 dislikes
-
Link to this comment:
Top Comments
All Comments (61)
-
As long as the banks don't loan money we wont grow!!!
-
No it is not working. The stimulius effect is running out. Look how cheap people are in retail.
-
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.
-
it's so over 4 America
-
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!
-
"Economic crises have been produced by us for the goyim by no other means than the withdrawal of money from circulation." - Protocols of Zion
-
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.
-
"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-outsource
d-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
- 0:56Bush unveils stimulus planby ReutersVideo12,246 views
Featured Video
- 6:17US recession fueled by low wages and consumer debtby TheRealNews29,882 views
- 1:54Is this a global recession?by TheRealNews3,989 views
- 6:17Debt-fueled rat race drives economic crisisby TheRealNews4,875 views
- 2:38Will unions respond to economic crisis?by TheRealNews3,754 views
- 10:18Leo Panitch on the crisisby empoweringmemes787 views
- 9:42Decline of Dollar, Decline of Empire 1 - Chris ...by PanceTube2,946 views
- 10:37Leo Panitch on Canadian Crisis - The Real Newsby neilemac655 views
- 4:25Ruins of an Empireby msaghirmd101,997 views
- 4:14Going Broke in America. High Consumer Debt! ...by 1234trax529 views
- 10:28Debt for Debt: 'Financing the American Family' ...by FlintPublic1,320 views
- 2:00Record High Consumer Debtby CBS17,328 views
- 6:52Hardball: Paul Krugman on the Needed Stimulus P...by heathr45611,637 views
- 6:06How Unemployment Affects Familiesby unnaturalcausesdoc9,803 views
- 5:08Marc Faber - Emerging Market Economies Will Cha...by PreciousMetalsStore1,313 views
- 6:02Decline of Dollar, Decline of Empire 10 - Leo P...by PanceTube934 views
- 1:09Economic Stimulus Package is a Bad Ideaby TheYoungTurks3,720 views
- 7:09Is Consumer Debt Good? CNBCby seeprogress2,058 views
- 6:13Black US Soldier Demands Political Asylum In Ge...by SnuffGunnion3,420 views
- 2:19How to Stimulate the Economy with Matthew Leskoby monkeyseevideos18,092 views
"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!
ihavebeenawakened 4 years ago 11
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!!!
slipninja 4 years ago 4