Comments on: Will the stimulus come too late? http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/ Your guide to American economic policy Thu, 11 Mar 2010 14:14:48 -0500 http://wordpress.org/?v=abc hourly 1 By: harkin http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2845 harkin Wed, 08 Jul 2009 13:33:54 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2845 "If the incompetents in Congress who passed this boondoggle of a bill without even reading it, has instead distributed those same funds to the 330 million people in the US, they would have sent a check of almost $2400.00 to each person. Now, you tell me, what effect would an infusion of $10,000 to a family of 4 have on the economy?" It would have been a much more efficient means of getting money into the economy (as well as being a sort of disproportionate tax return, heavily weighted towards those who pay no income tax). But (as said above) the real reason for the stimulus bill was to take advantage of the democratic victory and push through worthless vote-buying programs for dem members of congress. Eevn their own survival is more important to the Pelosis and Boxers of the world than throwing a bone to the poor.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2845','harkin'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2845','harkin','\"If the incompetents in Congress who passed this boondoggle of a bill without even reading it, has instead distributed those same funds to the 330 million people in the US, they would have sent a check of almost $2400.00 to each person. Now, you tell me, what effect would an infusion of $10,000 to a family of 4 have on the economy?\"\r\n\r\nIt would have been a much more efficient means of getting money into the economy (as well as being a sort of disproportionate tax return, heavily weighted towards those who pay no income tax). But (as said above) the real reason for the stimulus bill was to take advantage of the democratic victory and push through worthless vote-buying programs for dem members of congress. Eevn their own survival is more important to the Pelosis and Boxers of the world than throwing a bone to the poor.'); return false;">Quote</a></div> “If the incompetents in Congress who passed this boondoggle of a bill without even reading it, has instead distributed those same funds to the 330 million people in the US, they would have sent a check of almost $2400.00 to each person. Now, you tell me, what effect would an infusion of $10,000 to a family of 4 have on the economy?”

It would have been a much more efficient means of getting money into the economy (as well as being a sort of disproportionate tax return, heavily weighted towards those who pay no income tax). But (as said above) the real reason for the stimulus bill was to take advantage of the democratic victory and push through worthless vote-buying programs for dem members of congress. Eevn their own survival is more important to the Pelosis and Boxers of the world than throwing a bone to the poor.

Reply – Quote
]]> By: Back to the Stimulus Debate: W, Timing, the States, and Baselines | Economist Blog http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2587 Back to the Stimulus Debate: W, Timing, the States, and Baselines | Economist Blog Sat, 04 Jul 2009 15:43:44 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2587 [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2587','Back to the Stimulus Debate: W, Timing, the States, and Baselines | Economist Blog'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2587','Back to the Stimulus Debate: W, Timing, the States, and Baselines | Economist Blog','[...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]'); return false;">Quote</a></div> [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]
Reply – Quote
]]> By: Back to the Stimulus Debate: W, Timing, the States, and Baselines | 1800blogger http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2586 Back to the Stimulus Debate: W, Timing, the States, and Baselines | 1800blogger Sat, 04 Jul 2009 15:43:22 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2586 [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2586','Back to the Stimulus Debate: W, Timing, the States, and Baselines | 1800blogger'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2586','Back to the Stimulus Debate: W, Timing, the States, and Baselines | 1800blogger','[...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]'); return false;">Quote</a></div> [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]
Reply – Quote
]]> By: Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bear Market Investments http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2545 Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bear Market Investments Fri, 03 Jul 2009 22:03:02 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2545 [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2545','Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bear Market Investments'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2545','Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bear Market Investments','[...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]'); return false;">Quote</a></div> [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]
Reply – Quote
]]> By: Back to the Stimulus Debate: W-Shaped Recession, Timing, the States, and Baselines http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2495 Back to the Stimulus Debate: W-Shaped Recession, Timing, the States, and Baselines Fri, 03 Jul 2009 04:36:52 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2495 [...] if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2495','Back to the Stimulus Debate: W-Shaped Recession, Timing, the States, and Baselines'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2495','Back to the Stimulus Debate: W-Shaped Recession, Timing, the States, and Baselines','[...] if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein [...]'); return false;">Quote</a></div> [...] if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein [...]
Reply – Quote
]]> By: Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bailout and Financial Crisis News http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2491 Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bailout and Financial Crisis News Fri, 03 Jul 2009 04:00:36 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2491 [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2491','Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bailout and Financial Crisis News'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2491','Back to the Stimulus Debate: W, Timing, the States, and Baselines | Bailout and Financial Crisis News','[...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]'); return false;">Quote</a></div> [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this “dip” period that Feldstein is [...]
Reply – Quote
]]> By: Personal Money Management » Blog Archive » Back to the Stimulus Debate: W, Timing, the States, and Baselines http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2490 Personal Money Management » Blog Archive » Back to the Stimulus Debate: W, Timing, the States, and Baselines Fri, 03 Jul 2009 03:54:48 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2490 [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this "dip" period that Feldstein is predicting. [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2490','Personal Money Management » Blog Archive » Back to the Stimulus Debate: W, Timing, the States, and Baselines'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2490','Personal Money Management » Blog Archive » Back to the Stimulus Debate: W, Timing, the States, and Baselines','[...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this "dip" period that Feldstein is predicting. [...]'); return false;">Quote</a></div> [...] addition, if the critics who have argued that the spending is occurring much too slowly are correct [0], then the actual spending will more likely occur in this "dip" period that Feldstein is predicting. [...]
Reply – Quote
]]> By: Random Links LX « Random Musings of a Deranged Mind http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2267 Random Links LX « Random Musings of a Deranged Mind Mon, 29 Jun 2009 22:43:04 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2267 [...] http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/ [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('2267','Random Links LX « Random Musings of a Deranged Mind'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('2267','Random Links LX « Random Musings of a Deranged Mind','[...] http:\/\/keithhennessey.com\/2009\/06\/03\/will-the-stimulus-come-too-late\/ [...]'); return false;">Quote</a></div> [...] http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/ [...]
Reply – Quote
]]> By: Understanding first quarter GDP | KeithHennessey.com http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-2263 Understanding first quarter GDP | KeithHennessey.com Mon, 29 Jun 2009 22:01:49 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-2263 [...] wrote on June 3rd that I thought the Obama Administration made a huge mistake in the way they designed the stimulus, even given the President’s policy preferences.  [...]
Reply – Quote
]]> By: Confused1 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/comment-page-2/#comment-1641 Confused1 Sun, 21 Jun 2009 13:37:12 +0000 http://keithhennessey.com/2009/06/03/will-the-stimulus-come-too-late/#comment-1641 If the incompetents in Congress who passed this boondoggle of a bill without even reading it, has instead distributed those same funds to the 330 million people in the US, they would have sent a check of almost $2400.00 to each person. Now, you tell me, what effect would an infusion of $10,000 to a family of 4 have on the economy? A whole lot more than what this 'stimulus' has given us to date. But the left is under the delusion that THEY know how to spend YOUR money better than you do. What an arrogant bunch of a$$holes.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('1641','Confused1'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('1641','Confused1','If the incompetents in Congress who passed this boondoggle of a bill without even reading it, has instead distributed those same funds to the 330 million people in the US, they would have sent a check of almost $2400.00 to each person. Now, you tell me, what effect would an infusion of $10,000 to a family of 4 have on the economy? A whole lot more than what this \'stimulus\' has given us to date. But the left is under the delusion that THEY know how to spend YOUR money better than you do. What an arrogant bunch of a$$holes.'); return false;">Quote</a></div> If the incompetents in Congress who passed this boondoggle of a bill without even reading it, has instead distributed those same funds to the 330 million people in the US, they would have sent a check of almost $2400.00 to each person. Now, you tell me, what effect would an infusion of $10,000 to a family of 4 have on the economy? A whole lot more than what this ’stimulus’ has given us to date. But the left is under the delusion that THEY know how to spend YOUR money better than you do. What an arrogant bunch of a$$holes.
Reply – Quote
]]>