People who think the stimulus isn't working.... look at this graph

scheming daemons

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Fri Aug-07-09 11:06 AM
Original message

People who think the stimulus isn't working.... look at this graph

Edited on Fri Aug-07-09 11:07 AM by scheming daemons

Where do you think that graph would've gone had the Stimulus NOT passed?

It's working.

Even the Wall Street Journal, where I got the graph, can't deny it anymore.

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Oregone

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Fri Aug-07-09 11:08 AM
Response to Original message

1. Has it not even barely been spent yet, or is it responsible for solving the Great Depression 2.0?

Edited on Fri Aug-07-09 11:08 AM by Oregone

Pick a talking point.

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scheming daemons

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Fri Aug-07-09 11:09 AM
Response to Reply #1

2. A little of both..... about 20% spent.....

And as the other 80% continues to be dolled out, the graph will keep moving in the right direction.

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Oregone

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Fri Aug-07-09 11:13 AM
Response to Reply #2

3. "the graph will keep moving in the right direction"

Maybe. Maybe "progress" is just moving within seasonal trends and will peak back up in January.

Regardless, until jobs are gained, we could be looking forward to years of a stagnated economy. Stopping the bleeding isn't quite enough, so hold the confetti. Time will tell. Unfortunately, by the time we can figure out if the US is doing enough, it will be too late to make effective corrections in a timely manner.

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