TheBig3

A payroll tax cut wouldn't be bad either.

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Miltamec Soundsquinaez

I don't know what that is............

I really think the best way to stimulate an economy (which is never feasible due to the power of lobbyists) is cut out all of the wasteful spending, which we have a s*()load of it. If we had tackled the energy problem head on back in the 80's, we would have a fuel that is much cheaper and as effective as what we are buying now. Also, I believe U.S. innovation is unmatched, so we would also be selling that technology to other countries. Oh well, the past is the past, but there are other things we could be doing too, like using hemp for paper.

Since insurance companies treat people's coverage outlines like the Bible (they put so much s*&( in there you don't know what to make of it, so you just quit reading it.), we need to find other paper sources. Hemp is very easily grown, and the reason we have problems in those areas is strictly because of the big oil and big lumber lobbyists. Truy despicable, and time for change.

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IamAlejo

And instead we've shown how dependent we are on the big banks and given them the complete go ahead on ****ty loan practices in the future. It was a dead if you do, dead if you don't scenario...but please don't applaud it as being some short of great maneuver.

And so far on a thread stating the huge deficit we are running this year...the ideas we have gotten for stimulating are........*ta da*...increasing spending on unproven ventures and decreasing revenues. Hi USA! And I have little faith in the potus to fix this mess with his delving into cap n' trade, etc.

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TheBig3

What would you suggest then?

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The Unfan

Are you dense? Last time I checked a maneuver that saves money in the long run while helping stabilize the economy is a great maneuver.

TheBig3

I'm sure there will be some "what about the jobs" whine.

WE CANNOT AFFORD TO LOSE 1 MORE WAL*MART!

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IamAlejo

And it's given the banks the go ahead to continue with their horrible loan practices because they're completely aware that they are much too important to the economy to go under. At some point you have to let some of these companies go under instead of constantly running to their rescue whenever something goes wrong.

And really...stating that is has already saved money and stabilized the economy? What economy are you living in?

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IamAlejo

lmao...even those most against the stimulus conceded it would create jobs...and it still hasn't. The stimulus has been a bust.

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TheBig3

I'm still asking for your proposed solution, and now "how it was a bust?"

Also, I'd like to know what jobs were exactly lost, because i'm willing to bet its mostly service industry BS.

I listened to Hayley barber speak this morning on how the economy/stimulus affected Mississippi and he said his jobs were fine, it was the gas that killed them.

I've got to believe its because the jobs in Mississippi are need-to-haves as opposed to some fresh out of college douche with a fiance degree sitting in a BoA office making 50k out of the gate.

They were underqualified, underskilled, and living way out of their price range. Those jobs shouldn't have existed to begin with, so what the stimulus brings back should be "real" jobs. What we don't need is more nail salons and beauty parlors.

My issue with the stimulus is that its highly regulated, which was a directed result of Paulsons incompetence. Its hard to tell a state where funding would go, especially if they've kept funding high on their own for what the stimulus is aimed to fix (in most states its education).

But ultimatly, the package failed because it was inadequate to being with. Not because financing job growth is a bad idea.

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The Unfan

It doesn't tell banks to keep up with bad loan practices because the banks already see how much damage that has done. It would be like saying that taking a child to the doctor for a burn sees that it can continue to play with fire because mommy will be right there to fix the problem.

I'm currently living in the U.S. economy. My job typically isn't that booming in the summer but it was by far one of the busiest Junes (although this month has sucked, but July always sucks for me) I've ever seen. Travel businesses have gone up since the stimulus package and that directly relates to my field of work.