• The Stimulus worked. The companies just aren't hiring.
    46 replies, posted
[QUOTE=CjienX;23388847]Two workers work 10 hours at $12\hour. The company pays out a total of $120 per person. One worker works 20 hours at $12\hour. The company pays out a total of $240. However, because the one worker is overworked, he A) demands a raise, or B) quits\gets fired for sucking due to being overworked. Isn't simple math fun, kids?[/QUOTE] Theres more to it than this.... There's healthcare, training, and a bunch of other shit that comes a long with it.
[QUOTE=Morcam;23389271]Why are people rating this guy dumb? People aren't getting employed. The Stimulus is a failure. That some of you are defending the plan based on "The companies are the bad people here" is amazing to me. What's that? Corporate America is greedy? Who would've thought? Perhaps that's why you shouldn't give away a trillion dollars without any restrictions. And the "jobs saved" figures are a joke. Somehow every time a construction worker moves to a new construction site after a few months of work that's a "Job Saved" every single time.[/QUOTE] The companies' average share prices are going up. I'd say mission accomplished for that part of the economy.
[QUOTE=Boba_Fett;23382099]Then the Stimulus didn't work, now did it?[/QUOTE] Note that this contradicts [I]your [/I]free market ideal of "trickle-down economics". Clearly, more prosperity at the top doesn't trickle down in the free market, it's simply hoarded by the top executives.
[QUOTE=CjienX;23388847]Two workers work 10 hours at $12\hour. The company pays out a total of $120 per person. One worker works 20 hours at $12\hour. The company pays out a total of $240. However, because the one worker is overworked, he A) demands a raise, or B) quits\gets fired for sucking due to being overworked. Isn't simple math fun, kids?[/QUOTE] Health insurance and various benefits and such for two people costs more than for one person [editline]f[/editline] It's (not) nice to see how this whole thing is stuck in a sort of negativity loop
[QUOTE=Sigma-Lambda;23390195]Note that this contradicts [I]your [/I]free market ideal of "trickle-down economics". Clearly, more prosperity at the top doesn't trickle down in the free market, it's simply hoarded by the top executives.[/QUOTE] 1x agree.
1x informative
[QUOTE=CjienX;23388847]Two workers work 10 hours at $12\hour. The company pays out a total of $120 per person. One worker works 20 hours at $12\hour. The company pays out a total of $240. However, because the one worker is overworked, he A) demands a raise, or B) quits\gets fired for sucking due to being overworked. Isn't simple math fun, kids?[/QUOTE] Okay, so he demands a raise. Boss tells him there's a hundred desperate unemployed people lined up for his position and he can either shut the fuck up or go be unemployed. Isn't corporate greed fun, kids?
[QUOTE=Sigma-Lambda;23390195]Note that this contradicts [I]your [/I]free market ideal of "trickle-down economics". Clearly, more prosperity at the top doesn't trickle down in the free market, it's simply hoarded by the top executives.[/QUOTE] [img]http://voices.washingtonpost.com/ezra-klein/assets_c/2010/07/071410-snapshot-thumb-454x352-22462.jpg[/img]
[QUOTE=Llivavin;23389338]The american populace is a failure, not the stimulus.[/QUOTE] Yeah, the american populace is an incredibly greedy failure. Somehow the President of the United States and his team of brilliant advisors seemed to miss that fact.
[QUOTE=Lambeth;23381945]I'm not sure it's purely greed, they could be trying to be cautious.[/QUOTE] At this rate it won't be long before everyone is using the American dollar as toilet paper, because that's all it will be useful for.
[IMG]http://surreal-reality.net/images/funny/HA_HA_HA_OH_WOW.jpg[/IMG] [I]It works, I swear, it's just everyone else's fault. [/I]It can be argued that you have to spend money to make money. So far we've spent somewhere around three trillion and gotten little to no return. Time to play the blame game.
[QUOTE=Sigma-Lambda;23390195]Note that this contradicts [I]your [/I]free market ideal of "trickle-down economics". Clearly, more prosperity at the top doesn't trickle down in the free market, it's simply hoarded by the top executives.[/QUOTE] Ah but were they [i]making money[/i] or was it just [i]given to them[/i]? My idea is that it works with a semi-steady stream of money flowing. The stimulus was more like tossing a bucket of water into a near dried up river that was blocked up a few miles back. If the "money river" is blocked, money can't flow. If the "money river" is drying up (People spending less and less), then tossing buckets of "money water" (stimulus) into the river wouldn't do much to get it flowing again. you have to find the blockage and break it up and eventually it should flow as normal again.
[QUOTE=Glaber;23393833]Ah but were they [i]making money[/i] or was it just [i]given to them[/i]? My idea is that it works with a semi-steady stream of money flowing. The stimulus was more like tossing a bucket of water into a near dried up river that was blocked up a few miles back. If the "money river" is blocked, money can't flow. If the "money river" is drying up (People spending less and less), then tossing buckets of "money water" (stimulus) into the river wouldn't do much to get it flowing again. you have to find the blockage and break it up and eventually it should flow as normal again.[/QUOTE] You're right, except the block is from companies siphoning money from the populace in the name of profit. And well the river is a giant circle.
[QUOTE=bravehat;23382034]Well done folks, don't they realise that they'll make more money by giving folk jobs, then they spend money and strengthen the economy?[/QUOTE] Isn't that reaganomics which everyone normally bashes to no end? Or am I being Box?
[QUOTE=Morcam;23393237]Yeah, the american populace is an incredibly greedy failure. Somehow the President of the United States and his team of brilliant advisors seemed to miss that fact.[/QUOTE] Stimulus checks -> spent on debt/savings -> doesn't increase GDP. Bailouts -> fixing budgets -> Not enough to increase Jobs. If we ignored our debt and went out and bought a new TV or something with the checks, we would have boosted up GDP and kick start the circular flow. Bailouts, same thing. They took most of the money to patch up their debts/holes and didn't use it to expand. [editline]08:11PM[/editline] [QUOTE=Dolton;23395276]Isn't that reaganomics which everyone normally bashes to no end? Or am I being Box?[/QUOTE] Box. Reaganomics is trickle down theory.
now i'm not an economist, but i'm gonna tell you everything i think about the economy and will call you an idiot for saying otherwise
[QUOTE=Doom14;23393794][IMG]http://surreal-reality.net/images/funny/HA_HA_HA_OH_WOW.jpg[/IMG] [I]It works, I swear, it's just everyone else's fault. [/I]It can be argued that you have to spend money to make money. So far we've spent somewhere around three trillion and gotten little to no return. Time to play the blame game.[/QUOTE] We're not in a depression. It did it's job. Not as well as it could though. [editline]08:55PM[/editline] [QUOTE=thisispain;23395914]now i'm not an economist, but i'm gonna tell you everything i think about the economy and will call you an idiot for saying otherwise[/QUOTE] Was that aimed at anyone specific?
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