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Did the Republicans' stimulus package help the economy?
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Originally posted by Jim Jeffries View PostExactly, if banks weren't holding back loans to keep money out of circulation, inflation would be through the roof. Which is partly why small businesses are suffering, unemployment is double digits, and none of this third quarter GDP growth came directly from the private sector.
Cash for Clunkers simply wasted a lot of our tax dollars, sucked what would've been 4th quarter sales into the 3rd. Putting people into new cars they can't afford and continued Gov programs that put people into houses they can't afford. Brilliant.
it's like a smaller scale version of what happened from 2000-2006 when we did it with houses.
upside is you'll probably get some nice deals for practically unused repoed cars next year.
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Originally posted by The Dice View PostI see most of posters in this thread are Republicans.
I got two questions for you
1. What Republicans do you want to run for president in 2012?
2. Rush Limbaugh said Sarah Palin is ready to be President of the United States, do you agree??
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Originally posted by The Dice View PostThe stimulus package has nothing to do with Job losses in the private sector. Stimulus plan created 640000 jobs.
There is a lot more stimulus left and this will help in the next few quarters
Debt load is not prohibitive to growth. This has been proven. Greatest periods of economic growth were post revolution and post WW2 both of which were periods where it's debt/GDP ratio were actually higher than they are now.
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Originally posted by Al Haymon View PostHey Jim,
How's the weather in New Zealand?
When you get a few minutes, call me. I'll sit you down and explain the difference between "didn't" and "couldn't'
hint: the difference is vast.
Hint: your use of "couldn't" was absurd.Last edited by Jim Jeffries; 11-02-2009, 08:54 PM.
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