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DifferentDrummer
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PostPosted: Tue Nov 02, 2010 11:01 am    Post subject: basically.. Reply with quote


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voiceofTruth
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PostPosted: Tue Nov 02, 2010 11:18 am    Post subject: Reply with quote

I think we need another stimulus plan. Citigroups holiday bonuses are in jeopardy. Tea anyone?
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DifferentDrummer
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PostPosted: Tue Nov 02, 2010 11:21 am    Post subject: Reply with quote

The Republicans started the whole stimulus bullshit, and also are the reason they were needed.
And the tea party is just the GOP w/ new packaging.
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prozacrefugee
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PostPosted: Tue Nov 02, 2010 12:31 pm    Post subject: Reply with quote

DifferentDrummer wrote:
The Republicans started the whole stimulus bullshit, and also are the reason they were needed.


You're both wrong. The stimulus wasn't what went to Citigroup, that was TARP. Which was done by Bush, and continued (albeit less to the banks' advantage) by Obama.

The stimulus, on the other hand, while too small and overly heavy on tax cuts for its desired effect, did work somewhat in reducing unemployment and preventing total depression in the US. A second round is needed, however with the likely results today it's not going to happen.
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