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Originally posted by: hoops2Quote
Originally posted by: billryan
While I don't think the GOP was alone in causing the financial collapse, they certainly have tried to stop almost every effort to recover from it.
January 2009 - by passing the stimulus, unemployment will not go over 8%.
This is the weakest post recession recovery, meanwhile the democrats had control of the executive branch as well as super majorities in Congress. Owebama and the rest of the democrats have only themselves to blame
You can certainly argue the stimulus was not big enough which is what many Democrats are now saying. What you can not say with an ounce of credibility is that the stimulus plan didn't create jobs or that we would have been better off without it. The non-partisan CBO repeatedly makes this point and has demonstrated the millions of direct jobs supported by the stimulous plan - millions of jobs that would not be there without it. Three million is their low-ball estimate. And that does not include the small businesses that benefit from those employed people in their respective communities. (ie) the barber who cuts the hair of GM workers
The GOP Speaker of the House, John Boehner, hailed the stimulus projects in his district and all the jobs they created. See almost every other GOP Congressman for a similar reaction. Many of them (even tea-T-party favorties like Eric Cantor) continue to beg the president for federal dollars in their districts all the while preaching how much they hate stimulous money. Cantor wants high speed rail - the punchline of all GOP jokes regarding stimulous money. And Hoops eats up all their rhetoric..
But this discussion is largely a circus, anyway. All the neo-cons who wanted to sink all the banks, all the auto industy and downline suppliers, and 20 percent of the public work force....those people are complaining about the unemployment rate now. Hilarious isn't it?