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Has it been three glorious and prosperous years already? It seems like only yesterday the “Reinvestment and Recovery Act” was a gleam in Sheriff Joe Biden’s eye.

Here’s a graph on how awsomely well the stimulus has performed so far in increasing the size of the US labor force (click the pic to Viagratize):

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Impressive, huh? But come on, what do you expect for only a trillion dollars?

The percentage of Americans in the work force has declined, so those people who have given up looking for work don’t count towards the unemployment rate (if you count them as well as people working part time who would rather work full time, the real unemployment rate is 15%, according to the CBO). That allows Team Obama to present the illusion that the economy is actually turning the corner. But if that were indeed the case, people would be entering the workforce, not exiting it.

People who have given up looking for work not being counted as “unemployed” means that the only practical way to get the unemployment rate to zero would be for all Americans to lose their jobs and not look for another. People who have given up looking for work should be counted in the unemployment stats, if for no other reason than to take away some self-serving politician’s incentive to make sure they stay that way.

Comments

27 Responses to “Happy Third Anniversary, Stimulus!”

  1. Misscheryl on February 17th, 2012 6:21 pm

    Obama just didn't realize how bad the economy was is all..

  2. Doug on February 17th, 2012 6:25 pm
  3. backwoodsconsr on February 17th, 2012 6:50 pm

    There are also people like me who hang on to a low paying job because the prospects of finding something better are not good. I'm just trying to survive on what I have till things improve. At least my work is steady and dependable. I'll be a lot more confident after Obama loses his job.

  4. clu seatoe on February 17th, 2012 6:53 pm

    One must endure the valley of unemployment and losing the car, the house, the retirement savings, being rejected even by the family and finding a safe bridge to live under, before going over the cliff of giving up on America. But once one goes over the cliff, that’s something the liberals can be proud of because at least you’re no longer unemployed.

    Feel better? Me too.

  5. Marshall_Will on February 17th, 2012 7:00 pm

    BWC,

    Worse, companies are finding they can "get by" or "run lean & mean" with fewer and fewer employees and still make a profit. Our one son-in-law is so despondent I call him every few days w/ pep talks that vary from Dr. Phil to Gunnery Sergeant Hartman?

    The longer he stays unemployed from graduation the harder it is to fill the void in his resume. Millions more out there just like him.

  6. Marshall_Will on February 17th, 2012 7:06 pm

    clu,

    We burned thru our retirement savings during the 'last' bubble gone bad. We were determined -not- to let that happen again. I was fully prepared for a financial meltdown and told my clients not only to get out of the market but stay in cash for the the foreseeable future!

    But they say, in a car crash, it's the ones that see it coming that get hurt the worst. While we took every conceivable cautionary measure, we have endured horrific setbacks. Ones we may never fully recover from.

    As a financial planner I watched as clients changed their tune from; "We'd like to live in a gated community, golf, travel, take classes and do community work" to: We just don't want to b a burden to our children?

    Life under Obama…….

  7. Misscheryl on February 17th, 2012 7:18 pm

    You do know I was being sarcastic right?

  8. Pasadena Phil on February 17th, 2012 7:36 pm

    "..the only practical way to get the unemployment rate to zero would be for all Americans to lose their jobs and not look for another."

    Sounds like a plan. Let's do it!

  9. directorblue on February 17th, 2012 8:01 pm

    Eh, Doug… remember that the Stimulus was built into the baseline budget, so it's $840 billion (2009) and around the same each year since. So the real damage is… $3.2 trillion… and counting.

  10. Marshall_Will on February 17th, 2012 8:36 pm

    directorblue,

    Good point. Why fuss over keeping your powder dry when you've got an endless supply?

    Thankfully it's become perfectly obvious that while the pipeline for green/entitlement never ends, the tolerance 'for' it does. I can honestly say not (1) aspect of public boodle has found its way to 'my' doorstep. Then again, you and I weren't expecting any!

    Watch as legions of Peggy the Moochers TURN on one another for not getting their share of handouts. The Occupy movement literally disintegrated over it. They've -already- hit a wall.

  11. Pasadena Phil on February 17th, 2012 8:43 pm

    We frown on sarcasm around here. This is a serious blog and we play it straight.

  12. backwoodsconsr on February 17th, 2012 9:38 pm

    "Eh, Doug… remember that the Stimulus was built into the baseline budget, so it's $840 billion (2009) and around the same each year since."

    Are you sure about that? My understanding was it was a separate, one time spending bill, not an automatically recurring budget item. I think if it had been as you say I'd have heard about it from Michelle Malkin or Ed Morrissey long before now.

  13. SignPainterGuy on February 17th, 2012 10:45 pm

    FWIW, my straight edge has a decided rightward bent ! ;-)

  14. SignPainterGuy on February 17th, 2012 10:55 pm

    Speaking of the "Occupy Movement", the Asheville, NC OWSers were ordered by City Council to clear out by noon today after the strip of city property they were camping on since Nov. was changed to a City Park. Most of the 50ish protesters left peacefully but a few said they were going to cut holes in their tents and wear them as tent monsters and remain as an act of civil disobedience. They can`t articulate a single issue they`re protesting that isn`t a liberal lie ! But they`re going to continue, somewhere else ….

  15. SignPainterGuy on February 17th, 2012 10:56 pm

    Came as news to me too !

  16. Marshall_Will on February 17th, 2012 11:38 pm

    "tent monsters"

    The simple fact they're upright and walking/stumbling around by no means implies something illegal/immoral isn't going on underneath it.

    Blech..! Shame they're made of flame retardant material?

  17. Marshall_Will on February 18th, 2012 12:44 am

    Speaking of disconnects, ( and does any of us doubt Dick O'Drama wouldn't claim he found Yamashita's Gold if it would buy a vote? ) but while on the local San Antonio site they spewed:

    "Obama, The Only Candidate Fighting For The Middle Class!"

    CANDIDATE..? You had to know there'd be some hefty leaning on the underdog meme but this is ridonkulous….

  18. SignPainterGuy on February 18th, 2012 12:51 am

    Truly "ridonkulous" !! Jackasses they are ! Mmmm, yes !!

    Without realizing it, they`ve confirmed he`s the Campaigner-in-Chief !

  19. SignPainterGuy on February 18th, 2012 12:53 am

    Beyond childish; all the way to retarded !! And they think THEY are the adults and the thinkers !

  20. SignPainterGuy on February 18th, 2012 12:59 am

    Three years, this stimulus still hasn`t been entirely spent, Sheriff Joe hasn`t watched over it, it HAD to be passed "right NOW", but it has only been used as favor payback, vote buying and dem campaign cash !

    The stimulus HAD to $780 Billion, though no one could say WHY or WHAT FOR, but it had to be passed right then ! Later, we learned it was more like $815ish Billion ! Fascinating !

  21. joyannaadams on February 18th, 2012 1:08 am

    Hey! My girlfriend, who just retired from the police department where she worked for 30 years in the crime lab as a photographer, just got her big pension, (where she takes home more in a week than she EVER earned in a week before retiring) just got hired back part time, and she will GET to keep her pension checks coming in AND make a lot of extra money.

    Comrades. The secret is to take the police chief out to dinner.

    If you believe what you read…half of the people now work for the government, and the other half supports them. And if part of that other half, doesn't pay taxes…Hmmmm…we'll have to sell the Grand Canyon to continue paying all the debt…

    Hey wait…I think Bill and Hillary already put that up to the Chinese for collateral for our current loans…

    Marshall, I tell my son every day..when I get old….just put me out with the dog.

  22. ReaganiteGOPer on February 18th, 2012 7:36 am

    It's been Grand, hasn't it

    Linked right here:

    Around the Righty Blogosphere…

  23. Granny55 on February 18th, 2012 11:06 am

    Three Years!!!! My how time flies while money is being flushed down the toilet.

  24. backwoodsconsr on February 18th, 2012 12:50 pm

    Unfortunately that's one toilet that isn't low flow.

  25. Marshall_Will on February 18th, 2012 1:33 pm

    "where she worked for 30 years in the crime lab as a photographer"

    Working on crimes that may/may not be solved. Ask MM how their 'investigation' is going?

    "where she takes home more in a week than she EVER earned in a week before retiring"

    ANOTHER happy Wonka Golden Ticket winner! ( You 'do' have a Golden Ticket, DON'T you? )

    "just got hired back part time, and she will GET to keep her pension checks coming in"

    One of the guys in my tech school [also] works for a Gov. agency. While it wasn't his intent from inception, he recently learned he'll be getting paid 'by' his Gov. job AND the Reserves while in school! Some animals are more 'equal' than others…

  26. SignPainterGuy on February 18th, 2012 8:25 pm

    The flush valve never closes !

  27. radargeek on February 19th, 2012 9:18 pm

    Can anyone say "Delusional Disorder." Odumba, his admin, the demwit-controlled media, and the morons who voted him in. ALL DELUSIONAL!

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