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PostPosted: Fri Jul 23, 2010 3:58 am 
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Out of curiosity, if gov spending is good, why set a limit at all? Our economy can only get better with unlimited spending.

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PostPosted: Fri Jul 23, 2010 4:11 am 
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Monte wrote:
Private Sector Jobs -

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If by "private sector", you mean "hundreds of thousands of government jobs are included" and throw in the loss of 125,000 jobs in June, then yeah, that's accurate.



Monte wrote:
We need a massive public works project. Perhaps high speed rail, all over the country. Perhaps an apollo project on renewable energy. Something that stimulates aggregate demand in such a way that everyone starts hiring.

But, according to the people that want to withhold food to the starving, that's crazy. Sigh.


No according to people who think about what real jobs creation means, that's crazy.

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PostPosted: Fri Jul 23, 2010 8:33 am 
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Monte, you are aware that all of the temporary stimulus jobs were added to those numbers that your illustration is using, correct?

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PostPosted: Fri Jul 23, 2010 8:38 am 
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The purpose of measuring jobs is NOT to show that people are employed - its a measure of productive power and utilization.

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PostPosted: Fri Jul 23, 2010 8:39 am 
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Wait, you are suggesting that the White House is inflating the performance of the stimulus and the job recovery by including short term jobs... say 300k+ from census workers and government positions?

Surely they can't be doing that intentionally.


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PostPosted: Fri Jul 23, 2010 8:40 am 
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Elmarnieh wrote:
The purpose of measuring jobs is NOT to show that people are employed - its a measure of productive power and utilization.


You've clearly never been a high ranking government official.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

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PostPosted: Fri Jul 23, 2010 8:47 am 
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It's all about JOBS, stupid!™

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We didn't lose 9 million jobs, we have a colossal THIRTY FOUR MILLION unemployed that weren't in 2000 - nine million who lost their job and another twenty-five million who came to (or were born into and reached working age in) the country but never got a job!


http://market-ticker.org/archives/2010/01/11.html

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http://www.economy.com/dismal/article_f ... &src=msnbc

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Richard Nixon January 20, 1969 August 9, 1974
Gerald Ford August 9, 1974 January 20, 1977
James E. Carter January 20, 1977 January 20, 1981
Ronald Reagan January 20, 1981 January 20, 1989
George H. W. Bush January 20, 1989 January 20, 1993
Bill Clinton January 20, 1993 January 20, 2001
George W. Bush January 20, 2001 January 20, 2009
Barack Obama January 20, 2009

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PostPosted: Sat Jul 24, 2010 12:02 am 
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Rynar wrote:
Monte, you are aware that all of the temporary stimulus jobs were added to those numbers that your illustration is using, correct?


I'm sorry, what? "Temporary stimulus jobs"?

So, people did not work, and did not get paid?

The numbers keep going up, although not as much as they might have had we had a much stronger stimulus.

The Reinvestment Act created a whole hell of a lot of jobs. They are real jobs. They count. Government spending increased aggregate demand and jobs were created. That's how it works.

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PostPosted: Sat Jul 24, 2010 12:41 am 
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Census work, and public works programs for shovel ready projects go away as soon as the work is done, create no wealth (infact do nothing but consume and destroy it), and are part of the data you have presented as "private sector jobs".

also... please address this:

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So which is it, Monte? You seem to be saying here that this program is a bad idea, because what we need is even more government spending. Furthermore, if what you are saying is true, then with the pre-President Obama deficit spending done by President Bush we never would have been in a recession in the first place; because, as you said earlier when you were retconing the economic history of President Reagan, it doesn't really matter what the money gets spent on.

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


Last edited by Rynar on Sat Jul 24, 2010 2:43 am, edited 1 time in total.

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PostPosted: Sat Jul 24, 2010 12:57 am 
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Hey Monte.. any comment on the data I provided, you know... posting data directly linked to the terminology you used?

****, any comment on it in general? I am wrong, I am a docuhebag for bringing it up... constructive criticism?

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PostPosted: Sat Jul 24, 2010 4:07 am 
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Monte wrote:
The numbers keep going up, although not as much as they might have had we had a much stronger stimulus.

Except when they drop by tens of thousands one month and over one hundred thousand another, as those temporary government jobs start to go away. We've lost millions of jobs since the stimulus was passed.
Yeah, we needed a bigger stimulus when, even now, according to Recovery.gov only 62% of the current one has been sent out nearly a year and one half later. :lol:

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PostPosted: Sat Jul 24, 2010 12:09 pm 
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Actually, he is correct in small part about ARRA creating jobs: it adds so many requirements on the healthcare industry for both compliance and IT needs that healthcare IT is booming and risk management is having to expand dramatically as well. So, yeah, there are some jobs there, adding dramatically to the cost of healthcare.

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PostPosted: Sat Jul 24, 2010 12:28 pm 
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DFK! wrote:
Actually, he is correct in small part about ARRA creating jobs: it adds so many requirements on the healthcare industry for both compliance and IT needs that healthcare IT is booming and risk management is having to expand dramatically as well. So, yeah, there are some jobs there, adding dramatically to the cost of healthcare.


Jobs created are far more easliy measured than jobs cost by the same legislation. How many small businesses have or will be closed, how many primary care practitioners have faced lay-offs for their staffs, how many large corporations have contracted to brace against the coming economic storm? My guess is, "far more than were created by a government takeover of 1/5 of the American economy".

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sat Jul 24, 2010 12:37 pm 
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Monte wrote:
Rynar wrote:
Monte, you are aware that all of the temporary stimulus jobs were added to those numbers that your illustration is using, correct?


I'm sorry, what? "Temporary stimulus jobs"?

So, people did not work, and did not get paid?

The numbers keep going up, although not as much as they might have had we had a much stronger stimulus.

The Reinvestment Act created a whole hell of a lot of jobs. They are real jobs. They count. Government spending increased aggregate demand and jobs were created. That's how it works.


If we paid thousands of people to build thousands wrought iron sculptures of Greek Gods, would those count as jobs?

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PostPosted: Sat Jul 24, 2010 2:36 pm 
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How about digging ditches, that would be two jobs, right? They could fill them afterwards!

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PostPosted: Sat Jul 24, 2010 6:45 pm 
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Rafael wrote:
If we paid thousands of people to build thousands wrought iron sculptures of Greek Gods, would those count as jobs?

Yes, but we can't do that -- separation of church and state, and all.

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PostPosted: Sat Jul 24, 2010 7:20 pm 
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Rynar wrote:
DFK! wrote:
Actually, he is correct in small part about ARRA creating jobs: it adds so many requirements on the healthcare industry for both compliance and IT needs that healthcare IT is booming and risk management is having to expand dramatically as well. So, yeah, there are some jobs there, adding dramatically to the cost of healthcare.


Jobs created are far more easliy measured than jobs cost by the same legislation. How many small businesses have or will be closed, how many primary care practitioners have faced lay-offs for their staffs, how many large corporations have contracted to brace against the coming economic storm? My guess is, "far more than were created by a government takeover of 1/5 of the American economy".


You are also correct. Just because I didn't extend the logic of "adding dramatically to the cost of healthcare" doesn't mean I'm not aware of its consequences. :)

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PostPosted: Sun Jul 25, 2010 1:39 am 
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DFK! wrote:
Rynar wrote:
DFK! wrote:
Actually, he is correct in small part about ARRA creating jobs: it adds so many requirements on the healthcare industry for both compliance and IT needs that healthcare IT is booming and risk management is having to expand dramatically as well. So, yeah, there are some jobs there, adding dramatically to the cost of healthcare.


Jobs created are far more easliy measured than jobs cost by the same legislation. How many small businesses have or will be closed, how many primary care practitioners have faced lay-offs for their staffs, how many large corporations have contracted to brace against the coming economic storm? My guess is, "far more than were created by a government takeover of 1/5 of the American economy".


You are also correct. Just because I didn't extend the logic of "adding dramatically to the cost of healthcare" doesn't mean I'm not aware of its consequences. :)


Honestly, I assumed you knew that. That was added for "others".

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sun Jul 25, 2010 2:08 am 
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Rynar wrote:
DFK! wrote:
You are also correct. Just because I didn't extend the logic of "adding dramatically to the cost of healthcare" doesn't mean I'm not aware of its consequences. :)


Honestly, I assumed you knew that. That was added for "others".



Haha, ok. I just think we should give credit on correctness where it's due, even if it hasn't been fully thought-out in terms of consequences.

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PostPosted: Sun Jul 25, 2010 2:27 am 
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DFK! wrote:
Rynar wrote:
DFK! wrote:
You are also correct. Just because I didn't extend the logic of "adding dramatically to the cost of healthcare" doesn't mean I'm not aware of its consequences. :)


Honestly, I assumed you knew that. That was added for "others".



Haha, ok. I just think we should give credit on correctness where it's due, even if it hasn't been fully thought-out in terms of consequences.


Well, I suppose he was correct in a very abstract sense if we allow for his fallacious view of a compartmentalized economy, with each sector working in a total vacuum completely independent of one another. In which case: Congrats, Monte!

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19 Yet she became more and more promiscuous as she recalled the days of her youth, when she was a prostitute in Egypt. 20 There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses.

Ezekiel 23:19-20 


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PostPosted: Sun Jul 25, 2010 2:37 am 
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I'm sure the bill calls for the creation of several new expensive departments set up to monitor how much they're wasting in the Government Waste Dept. Dept. of Waste.

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