Showing posts with label stimulus. Show all posts
Showing posts with label stimulus. Show all posts

Monday, July 27, 2015

Help . . .



(from http://www.msnbc.com/msnbc/obamas-real-record-poverty)
". . . Obama expanded the safety net through his 2009 stimulus, but the legislation actually prevented even more Americans from falling into poverty through larger tax credits, emergency unemployment benefits, and expanded food assistance. The Center for Budget and Policy Priorities (CBPP) estimates that the recovery act ultimately kept about 7 million people above the poverty line. . .

. . . The more important question to ask is whether Obama could have done more to alleviate poverty during the worst of the recession.  .  . the president was hardly the only one at the helm: It wasn’t the Republicans’ priority either. “Both the president and the Republican party really weren’t focused on jobs.". . . ”






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 PIANOGONZOLOGY - Blogged My 
Zimbio

Tuesday, September 6, 2011

Three charts in an email. . .

. . . each one seeking happiness . . . well, I ain't no Sinatra, but. . .

From Three Charts to Email to Your Right-Wing Brother-In-Law
Monday 29 August 2011
by: Dave Johnson, Campaign for America's Future | Op-Ed
http://www.truth-out.org/three-charts-email-your-right-wing-brother-law/1314626142

Couldn't reproduce the charts here (you can see them by copying-and-pasting the hyperlink above to your browser), but Dave Johnson advocates something in which I believe very strongly, FACTS!

The chart shows Bush increased spending 88%; Obama increased spending 7.2% and Johnson says says, "Government spending increased dramatically under Bush. It has not increased much under Obama. Note that this chart does not reflect any spending cuts resulting from deficit-cutting deals."

"Deficits
Bush-Obama Deficit Chart
Notes, this chart includes Clinton's last budget year ($128 billion surplus) for comparison." Bush, $1.4 trillion deficit. Obama, $1.2 trillion and headed downward.

"The Stimulus and Jobs
Bush-Obama-Jobs-Chart
In this chart, the RED lines on the left side -- the ones that keep doing DOWN -- show what happened to jobs under the policies of Bush and the Republicans. We were losing lots and lots of jobs every month, and it was getting worse and worse. The BLUE lines -- the ones that just go UP -- show what happened to jobs when the stimulus was in effect. We stopped losing jobs and started gaining jobs, and it was getting better and better. The leveling off on the right side of the chart shows what happened as the stimulus started to wind down: job creation leveled off at too low a level.

It looks a lot like the stimulus reversed what was going on before the stimulus.
Conclusion: THE STIMULUS WORKED BUT WAS NOT ENOUGH!

More False Things
These are just three of the false things that everyone "knows." Some others are (click through): Obama bailed out the banks, businesses will hire if they get tax cuts, health care reform cost $1 trillion, Social Security is a Ponzi Scheme or is "going broke", government spending "takes money out of the economy."

Why This Matters
These things really matter. We all want to fix the terrible problems the country has. But it is so important to know just what the problems are before you decide how to fix them. Otherwise the things you do to try to solve those problems might just make them worse. If you get tricked into thinking that Obama has made things worse and that we should go back to what we were doing before Obama -- tax cuts for the rich, giving giant corporations and Wall Street everything they want -- when those are the things that caused the problems in the first place, then we will be in real trouble."




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