Thread: 819 Billion Dollar Stimulus Plan Passes

Yopu begin the paragraph with this..

Another thing you have to keep in mind is that sometimes it's the worker themselves that help to cripple a business.

Then you proceed to offer really scarey testimony in regards to unions, after you point out that you think unions are a prime example of crippling businesses, as if unions were a Polio virus. Which isn't too far from Hannity, Limabaugh and company, so forgive me if I assume you take the same positions as these guys backed up by a ridiculously biased source.

I am curious as to what was discussed with your employer.

You have a lot of hasty generalizations, ad hominem attacks and accusations hawg, but I don't see any rebuttal.

Argue the point, not the person. Lay out your counter-proof, and let the observers decide the efficacy.

Draco

It was that as it stands right now unions have to have a campaign and then a vote. With the EFCA if, during their initial probing as to the possibility of setting up a union in a company, they get 51% of the people to agree then there is no vote needed and the other 49% are automatically counted in.

Also the way the current law stands both the union and the company have the right to campaign before the "election" for a union. Under this new law the company no longer has the right to campaign.

And "unionized labor" has crippled some businesses.

Unions were a great thing about 100 years ago when employees were severely mistreated. Many employee rights were gained during that time, but things are different now. Unions are ridiculous, such as the auto workers union owns and operates a golf course that costs them millions per year. The reason the American auto industry has suffered for so long was due to the increased labor rates compared to other countries. So I believe Unions were a good thing before employees were properly protected by law, but now I do not see their main benefit for our economy (yes they benefit individual members of the unions, but not the industries the work in).

Originally Posted by jmw_man

There can be no growth with unemployment. Like I was saying earlier, the amount of money they are printing relative to the worth of america is not at all that much money, the dollar will become weaker, but only by a fraction of a percent. That's nothing considering the number of jobs that will be available in a huge variety of industries. With jobs in place, IN america, the dollar will become stronger and growth will be promoted.

The US GDP is just short of $14 trillion, so spending about $1 trillion dollars is not really just a fraction of a percent. The scope of this bail out is huge, and we are not just printing more money. We are actually borrowing money from the Fed, which the government will owe interest on.

With regard to the stimulus plan, I would love to listen to the advice that Bush and Obama received. Common sense tells us that neither of them dreamed up a stimulus package on their own. They were advised by economists, great investors (ala Warren Buffett), etc.

My hunch is that the purpose of the spending isn't really to "stimulate" the economy. Instead I believe the purpose is to control the rate that the housing bubble deflates instead of just letting it pop. That and to reduce the depth of a recession or depression, not necessarily to return to growth. Growth comes after the market finds a natural bottom and figures out what it wants to do next.

The Only thing the Stimulus package will stimulate is Govt Jobs which at Best are temporary ! The way jobs are Created is by the Private sector ! Period end of story !
You wanna create Jobs ?? CUT TAXES to the companies that Create the Jobs ! You wanna Stimulate the economy ?? Give the money to the People !

Originally Posted by BruceBloodMaster

The Only thing the Stimulus package will stimulate is Govt Jobs which at Best are temporary ! The way jobs are Created is by the Private sector ! Period end of story !
You wanna create Jobs ?? CUT TAXES to the companies that Create the Jobs ! You wanna Stimulate the economy ?? Give the money to the People !

Very true, but its not gonna happen. Partisan politics are worse than ever, especially with Obama's "I won" attitude. The majority of the tax cuts in the stimulus bill are going to people who don't even pay taxes. I also like how we're trusting our Treasury to a man that had $34,000 in back taxes.... how can he be fiscally responsible?

And now Another tax cheat.......Daschle paid almost $130,000.00 in back taxes............! He only paid up After being nominated ! All those jackasses up there are cheats thieves and convicted criminals. Its Funny though that none of them ever get to serve time......... wonder why that is ?? If it was any of us we'd be in cuffs doing a perp walk for the evening news ! Talk about a Double Standard !

Originally Posted by sprite

The majority of the tax cuts in the stimulus bill are going to people who don't even pay taxes.

It isn't a tax cut, it's more welfare...don't worry, keep raising taxes for the rich, and see what happens.....If he even gets to do half of what he said he would in the campaigns, he wont be back for term 2....especially if Jindal winds up running.