What is the probability of a "sufficiently large" stimulus bill passing Congress ?

steve2470

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Mon Nov-08-10 10:57 AM
Original message

Poll question: What is the probability of a "sufficiently large" stimulus bill passing Congress ?

Before you ask, I have no idea how "sufficiently large" it should be. I'm not an economist.

This question was prompted by the Obama interview yesterday on 60 Minutes.

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Skink

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Mon Nov-08-10 10:59 AM
Response to Original message

1. There are other kinds of stimulus.

Tax rebate. Fed action. Letting tax cuts reset.

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Myrina

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Mon Nov-08-10 11:03 AM
Response to Reply #1

4. Tax rebates don't help people who don't have to pay taxes ...

... because they have too little or no income.

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HereSince1628

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Mon Nov-08-10 11:01 AM
Response to Original message

2. Better than the chance that the stimulus will be correctly targeted

to spending that will actually stimulate the economy.

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slackmaster

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Mon Nov-08-10 11:01 AM
Response to Original message

3. Other. The problem will not be solved by Congressional action.

The solution will ultimately be more people having gainful employment.

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HereSince1628

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Mon Nov-08-10 11:26 AM
Response to Reply #3

5. Do you expect that to just happen on its own?

Jobs is a given. What, in a 10-20 year timeframe would cause the component parts of a macroeconomic system to generate jobs if left alone?

The economy won't recover until employment, and thereby the consumption that drives the demand that causes capital to be invested in producion, that includes increasing spending on labor returns.

Historically, government projects that create demand and take up 'idled production capacity' is a path to job stimulus. What other macroeconomic model puts idle capacity (and the unemployed) to work?

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TheKentuckian

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Mon Nov-08-10 11:35 AM
Response to Reply #3

6. Spoken like a true believer in the mystical secular god "The Invisible Hand"

The economy is not some immortal but organic creature or a force of nature like a weather system but rather a policy construct.

It is what we make it and we have made it a zombie.

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OHdem10

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Mon Nov-08-10 11:39 AM
Response to Original message

7. This is the best. I heard on C-Span that CNN did a post

election survey. One question was exploring what should
be done first to improve the economy???

Hold on to your seats. The voters said Stimulus. This
takes the cake. I thought the Teabaggers won because
people hated stimulus so much.

Stimulus.

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Kurt_and_Hunter

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Mon Nov-08-10 11:41 AM
Response to Original message

8. In spending form: 0% In tax-cut form maybe 20%?

Edited on Mon Nov-08-10 11:42 AM by Kurt_and_Hunter

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=9506266&mesg_id=9506266

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zipplewrath

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Mon Nov-08-10 11:55 AM
Response to Reply #8

10. There isn't a "sufficiently large" tax cut

The money will pour back to the banks in the form of savings and debt elimination. And they won't spend it.

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zipplewrath

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Mon Nov-08-10 11:53 AM
Response to Original message

9. Number lower than zero

Any negative numbers allowed?

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