I didn’t buy a new truck today, so I saved $30,000.

Lanceman

That’s why this is such a problem. People do hate congress in general but like their own congresscritter. And since they only vote for their own congresscritter, guess what? We have incumbent protection. The only exceptions are targeted Republicans or Democrats who have been videotaped raping underage nuns. Even then, with the Democrats, it’s iffy.

Yeah, you’re right. We need to vote everyone of them out in 2010. But MY congressman is OK. NOT!
Suzanne Cozmos indeed!

No, nothing is more patriotic than paying taxes, except supporting Obama.

petefrt on June 11, 2009 at 8:52 PM

Hmmm….since paying taxes implies support for Obama (in his mind)….is there any way to NOT be patriotic?

It’s patriotic to be unemployed.

petefrt on June 11, 2009 at 6:07 PM

Is it more patriotic than paying taxes?

Joe Caps on June 11, 2009 at 6:25 PM

No, nothing is more patriotic than paying taxes, except supporting Obama.

So… they are saying they saved jobs, because they spent money?

Romeo13 on June 11, 2009 at 5:53 PM

Oh yeah. For a real eye opener on how this theory works, read up on a group known as “The Wiz Kids”, led by Robert McNamara during the Vietnam War. They actually used mathmatical formualae to calculate what it woudl take to win the war. Things like for 1000 bullets fired, we kill 10 enemy soldiers. We estimate enemy strength at 1,000,000, so we to fire XXX million rounds. The computer says we’ll win.

I’m not kidding. They did just that.

Obama is using a similar theory here.

Of course, maybe that low paying job is something like planting trees to increase CO2 absorption from the atmosphere, so the job is really essential in the Goracle/Obamanoid world. So the liberal argument becomes the benefit of the job to the country as a whole. But then the capitalist in me cries out — “How come each planted tree costs $1M dollars? I can do it cheaper; I’ll get you 50 trees for each $1M!”

We’d ask Joe Biden, but economics is above his pay grade

Slo Joe has no comprehension what the word means, let alone the ability to spell the thing. He’s like the ape with the bone in Clark’s 2001. He keeps beating the phrase around but has no idea what it is or how it works. He only knows that if he repeats certain phrases he can bludgeon his political opponents.

The calculation is from CEA chair Prof. Christina Romer’s testimony:

I have been told by the Office of Management and Budget that approximately $75 billion in spending under the ARRA has been obligated and almost $14 billion in outlays have already occurred. During the first 100 days in office, which the Administration marked yesterday, we estimate that the ARRA has already saved or created 150,000 jobs.

I hate to bust anybody’s bubble here, but simply saying “we estimate” does not in any way constitute an “explanation,” let alone a “calculation.”

And the fact that the person who said it is an “actual economist” (whatever the Hell that means; is there even a license for that?) doesn’t do anything whatsoever to change that fact.

A lot of laymen think of economics as something like quantum physics. And, I suppose, if you’re dumb enough then pretty much every subject seems that way.

The problem is that a lot of “actual” economists (at least by dint of degree) act as if their subject is a liberal art – subject entirely to whim, opinion and the fiat of some elitist Star Chamber somewhere.

It’s not. Economics is technically a science, albeit an ridiculously simple one. Instead of incredibly complicated science and physics, economic theory relies entirely on a combination of common sense rules and remedial arithmetic. And, unlike other liberal academic bastions – like Art Appreciation and Racial Hatred – the fact that the self-proclaimed masters of economic “analysis” can’t show their math is impossible to excuse.

Pretty much what we thought

Yes, a teenager, with his hands open, as clueless as ever. America, you demanded him, you got him. You deserve him fully.

If the unemployment numbers continue to rise, that 150,000 number will get very old very quickly, and more people than just Jake Tapper and Major Garrett will start asking them to show their data.

No they won’t. The bozo’s in the msm, are hopelessly devoted to Obama. He is their god after all. I’m pretty sure, behind closed doors, they’re sweating all of this, like the rest of us are. With a few exceptions. Those being Olberman, Matthews, Williams, etc… but they’d rather play along, than admit, they’re backing a losing ideology.

Is it more patriotic than paying taxes?

Joe Caps on June 11, 2009 at 6:25 PM

Don’t you have to pay taxes on unemployment compensation?

Prove that I didn’t.

It’s patriotic to be unemployed.

petefrt on June 11, 2009 at 6:07 PM

Is it more patriotic than paying taxes?