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Stimulus 2.0 -- or how I learned to love the lie.
Author: Raine    Date: 07/09/2009 12:39:49

Yesterday, above or below the noise and the din of the Jackson Palin Media channels was another discussion that political wonks seems to be having. It was talk of a second stimulus. With questions being bandied about cable news, online media and the blogosphere like 'will we need a Stimulus 2.0?' and 'are we spending enough?' to the constant drumbeat of how 'the stimulus has been a failure', I was wondering where this idea of a Stimulus 2.0 came from. I have watched the President, I have paid fairly close attention to what is going on. I simply couldn't recall where the meme came from.

Poking around, asking a few questions, as I am known sometimes to do, it turns out that it came from -- you got it --- the media. The title of this article With a Caveat, Hoyer Says He's Open to Second Economic Stimulus sites the following from Steney Hoyer
"I think we need to be open to whether we need additional action. We need to continue to focus on bringing the economy back to a place where we're not losing jobs."

Hoyer made no specific proposals for a possible additional stimulus. Others have suggested extended unemployment compensation benefits and a payroll tax holiday.
In that very same article, Harry Reid stated that there were no plans for an additional stimulus. Then there was this last paragraph:
But on Tuesday, according to news reports, Laura Tyson, a member of the president's Economic Advisory Panel, said that while the current stimulus is of an appropriate size and includes "a significant amount of investment in long-term growth," another may be necessary to put the economy on the right track. Speaking at an economic forum in Singapore, Tyson said she was expressing her own views, not the administration's position.
Whew-- so glad we got that tiny piece of truth out of the way... or did we? Understandably, there has been talk that more work needs to be done. Hoyer and others have stated that additional actions could include extending unemployment benefits, releasing more of the stimulus money sooner, passing new tax cuts, payroll holidays, etc. Everyone is saying it is too early to be talking this idea. It seems as though the meme of a Stimulus 2.0 is still out there thriving.

The Republicans are going to have a talking point field day with something that is not true. During his June 23 press conference, the President stated the following:
Q: Thank you, Mr. President. If I can just return to the economy more generally. When you were selling the economic stimulus package, you talked and your advisors and economists talked about keeping unemployment below 8 percent. Last week you acknowledged that unemployment is likely to reach double digits, being 10 percent. Do you think you need a second stimulus package?

THE PRESIDENT: Well, not yet, because I think it's important to see how the economy evolves and how effective the first stimulus is. I think it's fair to say that -- keep in mind the stimulus package was the first thing we did, and we did it a couple of weeks after inauguration. At that point nobody understood what the depths of this recession were going to look like. If you recall, it was only significantly later that we suddenly get a report that the economy had tanked.

And so it's not surprising then that we missed the mark in terms of our estimates of where unemployment would go. I think it's pretty clear now that unemployment will end up going over 10 percent, if you just look at the pattern, because of the fact that even after employers and businesses start investing again and start hiring again, typically it takes a while for that employment number to catch up with economic recovery. And we're still not at actual recovery yet.

So I anticipate that this is going to be a difficult -- difficult year, a difficult period.
So about 8-10% of the package has been spent, the President, Harry Reid and others have not stated we need a second one, and still the meme continues. It's my understanding that the bulk of the original package was to be spent in 2010, as people thought things of this sort were supposed to get really bad. Both the President and Vice President said things are worse than we thought. Joe Biden stated on July 5th that is was premature to think of a new stimulus bill. I will let others pontificate on those issues. The ship is, in my opinion still turning around, This chart is a nice little visual. The media seems unable to report subtle things that might require nuance to tell a complete story.

Stimulus 2.0 is a media created story. It a classic example of political projection. It frustrates the heck out of me, because this is just the kind of thing that the GOP will grab onto like a rabid dog. You think the teabaggers aren't going to go nuts about this? There is no second stimulus right now. The only people pushing this idea are the media. I just googled Second Stimulus and there were tons of stories all starting out with the question: Is another Stimulus needed?

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it." For our corporatist media-- This seems to be a truth.

:peace: and
Raine


 

96 comments (Latest Comment: 07/10/2009 02:12:07 by Raine)
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Comment by TriSec on 07/09/2009 12:46:04
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it."



Aw come on, that's just Hitler talking. (or was it Goebbels?)



:peace:



Morning, folks!



Comment by Raine on 07/09/2009 12:54:51
Quote by TriSec:

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it."



Aw come on, that's just Hitler talking. (or was it Goebbels?)



:peace:



Morning, folks!

It was Goebbels, and it was one thing that I sadly agree with.







Comment by Raine on 07/09/2009 12:59:35
Keeeristontoast.









:thud:

Comment by Random on 07/09/2009 13:09:21
Quote by Raine:

Quote by TriSec:

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it."



Aw come on, that's just Hitler talking. (or was it Goebbels?)



:peace:



Morning, folks!

It was Goebbels, and it was one thing that I sadly agree with.







One thing you can said about the Nazis. They knew how to get a message across.

Comment by wickedpam on 07/09/2009 13:12:31
Morning :hug:

Comment by Scoopster on 07/09/2009 13:14:18
Morning all! :hug:



...or if you want to use the Bush version...



"See, in my line of work you have to repeat things over and over and over again for the truth to sink in, to kinda catapult the propaganda."

Comment by Raine on 07/09/2009 13:18:29
One more thing that is really pissing me off about this stimulus thing is that the Money that HAS gone to the states isn't being spent. How pray tell is that The Presidents fault?



:waiting:





Comment by Random on 07/09/2009 13:20:06
Quote by Scoopster:

Morning all! :hug:



...or if you want to use the Bush version...



"See, in my line of work you have to repeat things over and over and over again for the truth to sink in, to kinda catapult the propaganda."


Do we need more proof he wasn't a Nazi? Can't even make his message coherent.

Comment by starling310 on 07/09/2009 13:35:27
Well done Raine. So true...and people just eat it up with a spoon.

Comment by Scoopster on 07/09/2009 13:35:28
Comment by Raine on 07/09/2009 13:35:41
See this caller is proving my point ---- So sad.

Comment by wickedpam on 07/09/2009 13:35:43
Quote by Raine:

One more thing that is really pissing me off about this stimulus thing is that the Money that HAS gone to the states isn't being spent. How pray tell is that The Presidents fault?



:waiting:









I think the Repub run VA congress voted not to take it - the Gov was PISSED. He wanted that money for roads and jobs projects

Comment by TriSec on 07/09/2009 13:40:06
Ya know, just listening to Keith reading Sarah's tweets makes my brain atrophy...





Comment by TriSec on 07/09/2009 13:43:39
Quote by Scoopster:

Here's a topic.. Slavery was neither Judeo nor Christian. Discuss!






That's odd. The way I read the Bible, slavery is VERY Christian. All Christ was concerned about was that they were treated well, not that they were emancipated...





Comment by Raine on 07/09/2009 13:48:22
In case anyone wants to know -- here is how the Stimulus Money has been Paid out.

Comment by BobR on 07/09/2009 13:49:29
This is going to be our job for the next 4 years - grabbing the talking points from the jibber jabberers, find the source and the truth, and then feed it back out into the atmosphere. I am way past sick of the pseudo-legitimate media using the FAUX News model of "some say" as a way to report out and out lies as if they were the truth.

Comment by Raine on 07/09/2009 13:50:27
Quote by Raine:

In case anyone wants to know -- here is how the Stimulus Money has been Paid out.
And that is just the federal Agencies -- there is a link for the state monies as well.



Comment by Random on 07/09/2009 13:53:29
I don't get this caller...

Comment by Random on 07/09/2009 13:54:26
Hasn't the States basically been in Debt since 1774?

Comment by wickedpam on 07/09/2009 13:54:58
Quote by TriSec:

Quote by Scoopster:

Here's a topic.. Slavery was neither Judeo nor Christian. Discuss!






That's odd. The way I read the Bible, slavery is VERY Christian. All Christ was concerned about was that they were treated well, not that they were emancipated...









Think that comes from the whole "conquering nations conquer" theroy. In wars nations (or kingdoms) would take the people of other lands and turn them in to slaves. It was the wages of war. I'm not saying its not bad I'm just saying that's my vague notion of ancient history

Comment by TriSec on 07/09/2009 13:58:02
Quote by Raine:

In case anyone wants to know -- here is how the Stimulus Money has been Paid out.






From Massachusetts:

84.389 Title I Grants to Local Educational Agencies $165,204,537



This is part of my beef with the City of Waltham right now. The school budget was off by just $4m. Didn't we get any of the stimulus money to help close the gap? Not to mention the $15m in the city's "rainy day fund"?



Nay, the mayor came up with a complex scheme to bump up against the prop 2 1/2 cap and raise the property taxes without actually bringing it to an override vote, while at the same time laying off 130 teachers and gutting the school administration.



Fortunately, City Council overrode her and restored the budget. Which has touched off the anti-incumbent backlash in town right now. (Mayor and School Committee, primarily. Although every City Council seat is challenged this year, too.)





Comment by Scoopster on 07/09/2009 13:58:46
Quote by TriSec:

Quote by Scoopster:

Here's a topic.. Slavery was neither Judeo nor Christian. Discuss!


That's odd. The way I read the Bible, slavery is VERY Christian. All Christ was concerned about was that they were treated well, not that they were emancipated...



I wouldn't necessarily say it's a Christian thing - it was more a Roman or Egyptian practice, though the Jews did own slaves as well.. Of course, the Romans did eventually adopt Christianity. I just think it was more of an accepted practice at the time when the bulk of the Bible's events take place, and you have to take that into account when interpreting the stories and lessons it contains to today's world society where slavery is, for the most part, no longer practiced or acceptable.

Comment by Random on 07/09/2009 14:03:43
Quote by wickedpam:

Quote by TriSec:

Quote by Scoopster:

Here's a topic.. Slavery was neither Judeo nor Christian. Discuss!






That's odd. The way I read the Bible, slavery is VERY Christian. All Christ was concerned about was that they were treated well, not that they were emancipated...









Think that comes from the whole "conquering nations conquer" theroy. In wars nations (or kingdoms) would take the people of other lands and turn them in to slaves. It was the wages of war. I'm not saying its not bad I'm just saying that's my vague notion of ancient history


Very true.

Slavery in the bible is far from the slavery of the founding of this country. Those enslaved then were often on the losing side of a war. By the time this country was founded, the slaves were just random people who were kidnapped.



If that makes sense at all...

Comment by TriSec on 07/09/2009 14:10:21




That's fine. Doesn't he have a Secret Service detail for the next 10 years? Shouldn't they (and us) be paying for all this, instead of making Dallas duplicate the effort?



(and as we all know, Presidents used to get SS protection for life....Newtie and the Repugs cut it back to 10 years as a dig on Mr. Clinton.)





Comment by velveeta jones on 07/09/2009 14:12:19




Why don't they just put up a full sized cut out of Dick Cheney with a hunting rifle in his hands? That'll slow down the riff raff.



Morning all.

Comment by wickedpam on 07/09/2009 14:14:09
Am I the only one who doesn't find sasha baron cohen funny?

Comment by Scoopster on 07/09/2009 14:14:48
Oooh Gaming/MMO news time!



With merger completed, experienced MMO maker Mythic (Dark Age of Chaos, Warhammer Online) is now teamed up with KOTOR creator Bioware on Star Wars Old Republic MMO



I also got word on a possible offline beta group signup for Final Fantasy XIV. It was advertised on a Japanese website though so no word on whether it'll be available to NA clients.

Comment by TriSec on 07/09/2009 14:15:38
Quote by wickedpam:

Am I the only one who doesn't find sasha baron cohen funny?




Oh, no. I find some of his stuff mildly amusing, but for the most part it's juvenile and irritating to me.







Comment by wickedpam on 07/09/2009 14:22:41
Quote by Scoopster:

Oooh Gaming/MMO news time!



With merger completed, experienced MMO maker Mythic (Dark Age of Chaos, Warhammer Online) is now teamed up with KOTOR creator Bioware on Star Wars Old Republic MMO



I also got word on a possible offline beta group signup for Final Fantasy XIV. It was advertised on a Japanese website though so no word on whether it'll be available to NA clients.






dang on - bet it's not going to come out in any verision I can play...



Comment by Random on 07/09/2009 14:23:21
Quote by wickedpam:

Am I the only one who doesn't find sasha baron cohen funny?


No...no you aren't.

Comment by Scoopster on 07/09/2009 14:27:11
Quote by wickedpam:

Am I the only one who doesn't find sasha baron cohen funny?


He's abrasive and EXTREMELY satirical with his material, and he also mixes in a lot of just plain insane antics.



I want to say he's cutting edge for our time, like Lenny Bruce or Andy Kaufman or George Carlin were when they came on the scene.. it's a hard sell though.

Comment by Random on 07/09/2009 14:29:54
ACtually, what the CIA is being accused of lieing about, by Pelosi, and What Panetta has said they were lieing about are two different things...

Comment by Scoopster on 07/09/2009 14:33:30
Quote by wickedpam:

Quote by Scoopster:

Oooh Gaming/MMO news time!



With merger completed, experienced MMO maker Mythic (Dark Age of Chaos, Warhammer Online) is now teamed up with KOTOR creator Bioware on Star Wars Old Republic MMO



I also got word on a possible offline beta group signup for Final Fantasy XIV. It was advertised on a Japanese website though so no word on whether it'll be available to NA clients.


dang on - bet it's not going to come out in any verision I can play...


Which FF or SW:TOR? Both should be playable on a current mid-range gaming computer and FFXIV will be on PS3 as well, though I'm not sure the beta will.



Comment by wickedpam on 07/09/2009 14:33:49
See now Carlin I thought was hysterical, seen some Lenny Bruce, he was really funny too, Kaufman - he had to really grow on me before I got the joke - but Cohen just comes off as crude to me.



And granted, I get that there is humor in crudity but he keeps going until its loses its funny

Comment by wickedpam on 07/09/2009 14:35:13
Quote by Scoopster:

Quote by wickedpam:

Quote by Scoopster:

Oooh Gaming/MMO news time!



With merger completed, experienced MMO maker Mythic (Dark Age of Chaos, Warhammer Online) is now teamed up with KOTOR creator Bioware on Star Wars Old Republic MMO



I also got word on a possible offline beta group signup for Final Fantasy XIV. It was advertised on a Japanese website though so no word on whether it'll be available to NA clients.


dang on - bet it's not going to come out in any verision I can play...


Which FF or SW:TOR? Both should be playable on a current mid-range gaming computer and FFXIV will be on PS3 as well, though I'm not sure the beta will.







I just don't do the, what do they call it, MPORPG? and I don't have a PS3

Comment by wickedpam on 07/09/2009 14:37:11
no one is saying you can't have private insurance.



dude, your just ignorant....

Comment by Random on 07/09/2009 14:37:43
Quote by wickedpam:

See now Carlin I thought was hysterical, seen some Lenny Bruce, he was really funny too, Kaufman - he had to really grow on me before I got the joke - but Cohen just comes off as crude to me.



And granted, I get that there is humor in crudity but he keeps going until its loses its funny


Carlin has the exact opposite effect...as he got older, his jokes became less appealing. Still funny as hell, but not as much as in the 60's and 70's

Comment by TriSec on 07/09/2009 14:37:44
Say now, I just learned the Bluenose is going to be in town this weekend as part of SailBoston...



I sure hope we enjoy this one, since the tall ships won't ever come back to Boston as long as Menino is Mayor. (you could look it up; he essentially threatened to cancel the whole thing unless the organizers came up with $1m for "security". Payola, is more like it.)





Comment by Raine on 07/09/2009 14:37:46
Let's discuss 2 arguments that have been proposed against healthcare reforn:



1. A government health care system would be terrible; just look at [insert any industrialized country here]



2. If people were offered the option of public health insurance, no private insurance company would be able to compete.



If #1 were true, Why worry about the private insurance companies? It would seems to me that people against a reform would be happy...





Comment by wickedpam on 07/09/2009 14:38:22
I can't get a doctor right now, unless I'm dying, dummy

Comment by wickedpam on 07/09/2009 14:39:27
Quote by Random:

Quote by wickedpam:

See now Carlin I thought was hysterical, seen some Lenny Bruce, he was really funny too, Kaufman - he had to really grow on me before I got the joke - but Cohen just comes off as crude to me.



And granted, I get that there is humor in crudity but he keeps going until its loses its funny


Carlin has the exact opposite effect...as he got older, his jokes became less appealing. Still funny as hell, but not as much as in the 60's and 70's






some of the best things is still "a place for my stuff" and the words you can't say on tv

Comment by TriSec on 07/09/2009 14:40:24
Hey Scoop, did you ever get FSX? I'm still flying FS9 (ACOF) and I've been mulling over upgrading while I still can, since MSoft exterminated the franchise...



My computer is 5 years old now. Ancient history, I know, but I put a lot of upgrades into it to run FS9 at an acceptable level.



Of course, I could go the other way and dust off my old copy of 98. I never did have any problems with that version. (2000 sucked prong; I never got 02.)





Comment by wickedpam on 07/09/2009 14:40:58
ya know that actually is part of staying healthy, you can't anti-bacterial everything that's how we get super bugs

Comment by starling310 on 07/09/2009 14:41:03
Mala that's exactly what I was just going to say. If I felt really sick when I woke up this morning and I called the Doctor, I would NOT, I repeat NOT be able to get a Dr. appointment today. I would either have to go to a Walk-in clinic, where I am seeing someone who ISN'T my Doctor, or I would have to go to the ER. Do you wait at the ER? I can't remember. Hmmm....

Comment by Raine on 07/09/2009 14:42:21
I am so glad people are calling into the show with the healthcare stories.



Comment by Random on 07/09/2009 14:43:57
Quote by wickedpam:

Quote by Random:

Quote by wickedpam:

See now Carlin I thought was hysterical, seen some Lenny Bruce, he was really funny too, Kaufman - he had to really grow on me before I got the joke - but Cohen just comes off as crude to me.



And granted, I get that there is humor in crudity but he keeps going until its loses its funny


Carlin has the exact opposite effect...as he got older, his jokes became less appealing. Still funny as hell, but not as much as in the 60's and 70's






some of the best things is still "a place for my stuff" and the words you can't say on tv


I'm still sad I'll never see him live.

Why didn't he get all the media coverage when he died like Michael Jackson?

He was a consistant preformer, preforming for 40 years, providing 40 years of material.

Comment by Scoopster on 07/09/2009 14:44:28
Quote by TriSec:

Hey Scoop, did you ever get FSX? I'm still flying FS9 (ACOF) and I've been mulling over upgrading while I still can, since MSoft exterminated the franchise...



My computer is 5 years old now. Ancient history, I know, but I put a lot of upgrades into it to run FS9 at an acceptable level.



Of course, I could go the other way and dust off my old copy of 98. I never did have any problems with that version. (2000 sucked prong; I never got 02.)



Nah I didn't.. Flight Sim wasn't really my thing I'm more a fantasy/rpg or 1P-shooter kinda person. I did play around with one of the early versions back in my school days though.



Comment by wickedpam on 07/09/2009 14:47:53
THe first time I actually went to the emergency room, back when I sprained my ankle really badly and the doctor told me to go to get it xrayed in case it was broken, there was a girl who came in after me that was doubled over in pain.



I was fine sitting in a wheelchair, watching tv and trying not to fall asleep. A few hours after I got there they finally came out to get me and I told them they should take the girl before me because it was obvious she was in really hurting, they said they couldn't cause there system only allows for them to talk people in the order they came in unless it was by ambulance.



That was about the silliest thing I'd ever heard.

Comment by wickedpam on 07/09/2009 14:50:10
Quote by starling310:

Mala that's exactly what I was just going to say. If I felt really sick when I woke up this morning and I called the Doctor, I would NOT, I repeat NOT be able to get a Dr. appointment today. I would either have to go to a Walk-in clinic, where I am seeing someone who ISN'T my Doctor, or I would have to go to the ER. Do you wait at the ER? I can't remember. Hmmm....






bloggy mind meld :)



Yeah exactly, when I had strep throat I had to wait a day before I could get in to see a doc, I was just lucky I didn't infect anyone else