Posts Tagged ‘economy’

New Numbers how about that!

Posted: February 13, 2009 by datechguy in opinion/news
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You might recall this post from last week:

Now Arlen Specter is a totally different story, he is not only vulnerable to pressure but we have candidates such as Rick Santorum or Pat Toomey ready who can beat him in a primary is we put in the effort. That is where the direction should lie. The reports that no republican wants to be vote 60 is certainly referring to Specter.

Via Glenn: National Review points out that the withdrawal of Gregg suddenly drops the cover provided.

I’ll be taping a Red Meat in a few moments with Mark, but we just realized that while passage of the stimulus is still all but certain, Gregg’s return to the Senate—and his likely “no” vote—makes the vote on final passage a bit more interesting.

It passed last time with 61 votes. But this time, Kennedy will not be there.

I actually think this is a non-story. Snowe and Collins are not going anywhere, and the democrats will wheel Kennedy out to vote in a hospital bed is if they have to.

Two more votes for Plan A

Posted: February 12, 2009 by datechguy in Blame Bush, opinion/news
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There are two new votes for my economic plan A today. One (via glenn) is from Philip Greenspun’s blog:

What did these guys want the government to do? Nothing, basically. “Back in the 19th Century, there were a lot of steep crashes, guys got wiped out, and the economy came back quickly.” What’s different now? The government is a lot bigger and more powerful. Rich companies and people can put some of their wealth into lobbying and demand that the government prevent them from getting wiped out (or at least slow the process).

Barack Obama promised on Monday not to rest as long as this economic downturn persisted. He promised to act decisively, change whatever had to be changed, spend whatever had to be spent. This is precisely what worries the investors to whom I spoke. They’d rather see the audacity of doing nothing.

The second comes from the news itself:

Sales at U.S. retailers unexpectedly halted a record six-month slide in January, an advance that may not be sustained as job losses climb.

The 1 percent increase followed a 3 percent drop the prior month, the Commerce Department said today in Washington. Excluding cars, the gain was 0.9 percent. Last month’s rise reflected higher gasoline prices and more spending on items including clothing and food.

Perhaps our democratic friends don’t want to risk a recovery that they can’t take credit for. If they can postpone it for say 18 months it might look really pretty come election time.

Even worse if it comes too fast then someone might think to Blame Bush for it!

$600 won’t help, $676 will however

Posted: February 12, 2009 by datechguy in opinion/news
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What is the difference between stimulus that won’t make a difference and stimulus that will save the economy? Apparently $76 bucks a year.

Via the Anchoress Michelle Obama July 11th 2008

“You’re getting $600. What can you do with that? Not to be ungrateful or anything. But maybe it pays down a bill, but it doesn’t pay down every bill every month..

Barack’s approach is that the short-term quick fix kinda stuff sounds good. And it may even feel good that first month when you get that check. And then you go out and you buy a pair of earrings.”

Apparently this is no longer the case:

Here is our 800 billion dollar stimulus mostly-spending bill we must see passed, and we must gratefully accept as the only possible solution to our “catastrophic” problems and our growing malaise. The ONLY solution.

This other one, over here, brought up by another Democrat? Ignored. Just ignored.

I just have one thing to ask:

What does Michelle Obama suggest we do – how we will stimulate the economy with our $13?

The $13 a week adds up to $676 a year. There are a lot of people who don’t think this will help, I don’t think it will hurt, but I think a lump sum would have a bigger economic effect.

It’s amazing what $76 dollars will do for an economy. Michelle Malkin notices this too and asks:

What sayeth Mrs. Obama now?

Apparently she was against this before she was for it.

Uh Oh here comes the bread and circuses

Posted: February 10, 2009 by datechguy in opinion/news
Tags: ,

Listening to Rush while I work on a customer’s system I’m getting worried as people are asking the government for Stoves, cars, unemployment to cover 100% of pay and extra work benefits.

I’m also worried by college students who can’t talk but I digress…

You know it is very easy to sit back and collect unemployment, particularly if you are able to cover the bills with it. If you make it easy and comfortable then people aren’t going to be inclined to go out and find work.

Once people decide that the government is going to give them everything we are finished, and remember a government big enough to give you everything is big enough to take it all away.

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