{"id":1788,"date":"2009-05-12T13:33:30","date_gmt":"2009-05-12T17:33:30","guid":{"rendered":"http:\/\/stonescryout.org\/?p=1788"},"modified":"2009-05-12T13:33:30","modified_gmt":"2009-05-12T17:33:30","slug":"how-effective-is-the-stimulus","status":"publish","type":"post","link":"https:\/\/stonescryout.org\/?p=1788","title":{"rendered":"How Effective Is the Stimulus?"},"content":{"rendered":"<p>Back in January, the Obama administration put out a prediction of what would happen if the stimulus bill was passed and if it wasn&#8217;t.&#160; It was called <a href=\"http:\/\/otrans.3cdn.net\/45593e8ecbd339d074_l3m6bt1te.pdf\" target=\"_blank\">&quot;The Job Impact of the American Recovery and Reinvestment Plan&quot;<\/a>.&#160; In it, they predicted that, while unemployment figures would ultimately recover from this recession, the stimulus bill would flatten out the peak they would otherwise reach.&#160; They even put in a graph to demonstrate their prediction.<\/p>\n<p>Geoff, one of the many writers at the <a href=\"http:\/\/michaelscomments.wordpress.com\/\" target=\"_blank\">Innocent Bystanders<\/a> blog, noted in <a href=\"http:\/\/michaelscomments.wordpress.com\/2009\/04\/24\/787-billion-doesnt-buy-very-much-these-days\/\" target=\"_blank\">April<\/a>, and again <a href=\"http:\/\/michaelscomments.wordpress.com\/2009\/05\/08\/the-april-numbers-are-in-its-official\/\" target=\"_blank\">last week<\/a> when the April numbers were official, that the unemployment figures are precisely following the Obama administration&#8217;s graph of what would happen &#8230; <em>without<\/em> the recovery plan.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"Stimulus-vs-unemployment-april\" height=\"280\" alt=\"Stimulus-vs-unemployment-april\" src=\"http:\/\/michaelscomments.files.wordpress.com\/2009\/05\/stimulus-vs-unemployment-april.gif?w=460&amp;h=280\" width=\"460\" \/><\/p>\n<p>So we&#8217;re spending 3\/4ths of a trillion dollars, and according to Obama&#8217;s own economic experts, the job impact of the American Recovery and Reinvestment Plan was <em>nothing<\/em>.&#160; But this is government, and no matter how poor the results, they&#8217;ll keep on doing the same thing; printing money, spending unlike any other time in history, and telling <em>us<\/em> that they know what they&#8217;re doing.&#160; <\/p>\n<p>Oh yeah, and they&#8217;ll tell us to live within our means.&#160; We need an irony graph.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in January, the Obama administration put out a prediction of what would happen if the stimulus bill was passed and if it wasn&#8217;t.&#160; It was called &quot;The Job Impact of the American Recovery and Reinvestment Plan&quot;.&#160; In it, they predicted that, while unemployment figures would ultimately recover from this recession, the stimulus bill would [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,15,18],"tags":[],"class_list":["post-1788","post","type-post","status-publish","format-standard","hentry","category-doug","category-economics-taxes","category-government"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/stonescryout.org\/index.php?rest_route=\/wp\/v2\/posts\/1788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stonescryout.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stonescryout.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stonescryout.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stonescryout.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1788"}],"version-history":[{"count":0,"href":"https:\/\/stonescryout.org\/index.php?rest_route=\/wp\/v2\/posts\/1788\/revisions"}],"wp:attachment":[{"href":"https:\/\/stonescryout.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stonescryout.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stonescryout.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}