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Steve Moore declares the fiscal stimulus plan "a big failure"

June 04, 2010 11:05 pm ET

From the June 4 edition of On the Record with Greta van Susteren:

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Previously:

Kurtz highlights media's failure to report estimated jobs created by stimulus

Rove and Hannity advance myth that stimulus failed to increase employment

Quick Fact: Hannity falsely claims Obama "created" the "massive deficit" and that "stimulus is a failure"

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    • Author by bruce1ace (June 04, 2010 11:13 pm ET)
      3 16
      It's a huge success. Look how great everything is.

      I know only half of it has been implemented, it will be doubly great next year.
      Report Abuse
      • Author by usp (June 05, 2010 12:19 am ET)
        12  
        got to repair plenty of roads here. that's a good thing. but, you know, i'm pretty much a communist, so pay no mind.
        Report Abuse
      • Author by MilitantMNMan (June 05, 2010 2:51 am ET)
        13  
        You took what I was going to say. It wasnt nearly as big as economists recommended it should be.
        Report Abuse
      • Author by mjh (June 05, 2010 11:15 am ET)
        4  
        "I know only half of it has been implemented, it will be doubly great next year."


        Only half? More like a quarter.




        Report Abuse
      • Author by New Frontier (June 05, 2010 12:35 pm ET)
        6 1
        It's a huge success.
        Straw man. No one is saying that, to my knowledge. That'd be as stupid as Moore saying "it's a big failure".
        Report Abuse
        • Author by angels4light (June 06, 2010 8:08 am ET)
          1 1
          Perhaps nobody is saying that it is a huge success, other than people who post here, BUT - unemployment is going down, consumer confidence is up, and as was reported in USA Today yesterday state and local governments are running a surplus, defined as more tax money coming in than is being spent.
          Report Abuse
    • Author by Sharpe (June 05, 2010 12:30 am ET)
      8  
      thanks steve because we were all waiting for you to tell us what to think about this - now we can continue with our lives.
      Report Abuse
      • Author by Andy Kreiss (June 05, 2010 3:06 am ET)
        13 1
        Not only steve, but bruce1ace.

        All of the clowns who cheerlead for the sanctity of big corporations and the evil of Big Government, the ones who have voted for and encouraged the stupidity of the past three decades that has led to disasters like this, now want to make snarky comments because the damage isn't being repaired overnight.

        If they had any decency, they'd all go sit in the corner and shut their Reagan-holes.

        Report Abuse
        • Author by bruce1ace (June 05, 2010 12:14 pm ET)
          2 12
          Yes, only Republicans had any say about anything over the past 30 years.

          Take your blinders off.
          Report Abuse
          • Author by Andy Kreiss (June 05, 2010 12:50 pm ET)
            9 1
            I never even mentioned Republicans. If I take my blinders off, will I be able to see the things you see that aren't there ?
            Report Abuse
            • Author by mjh (June 05, 2010 3:19 pm ET)
              9  
              "Yes, only Republicans had any say about anything over the past 30 years."



              Oh, Bruuuuce . . .

              Prior to 2008, which party occupied the white house for 26 of the previous 38 years -- and controlled Congress for twelve of the previous fourteen?


              "I never even mentioned Republicans. If I take my blinders off, will I be able to see the things you see that aren't there ?"


              Now, Andy; let's not be too tough on Bruce -- I'm sure if you take your blinders off, you'll be able to see things from Bruce's unique point of view:

              [http://4.bp.blogspot.com/_8AxQJmfsHNY/SRHWhr6yzqI/AAAAAAAAATc/Mj9ZkZxWpkk/s400/head-up-butt.png]
              Report Abuse
              • Author by Andy Kreiss (June 06, 2010 3:56 am ET)
                2  
                Democrats played their part in the disaster we're seeing, mjh,but it was obviously mostly a result of conservative policy.

                Bruce may be one of those mutants, a Republican with some remaining scrap of a conscience. His right wing guilt made him see "Republicans" in my comment where I never mentioned it.
                Report Abuse
        • Author by bruce1ace (June 05, 2010 12:23 pm ET)
          2 11
          Also, during the 90's when the stock market was clicking along at 20% per year and the jobs were great and Clinton was great, and wow look at how great this is with a Democratic President and blah blah blah...corporations were making that all happen for you and you're right it was basically fraudulent garbage that couldn't last long term. So without corporate america, tell me how we get unemployment down to 5% like it used to be.

          Corporations need to follow the rules, but this anti-corporate garbage is just that.
          Report Abuse
          • Author by The_Cat (June 05, 2010 12:52 pm ET)
            10 2
            Employment numbers are, first and foremost, affected by small business, not major corporations. Huge corporate entities like GM, Halliburton, BP, etc., are generally looking for ways to either cut staff or ship it overseas where labor is cheaper and standards are lower. It is small business we should be encouraging, with grants and loans on a massive scale, but Republicans don't like small business. Just that many doors they have to knock on for campaign funding. They're basically lazy, and would prefer to stop at one or two big insurance companies, one or two big pharma companies, and a couple of auto companies and have all the money they need.

            Employment is up. The DOW and NASDAQ are up. The housing market is turning around. Things are demonstrably better than they were when this crisis started in the spring of '07, bruce1ace. Too bad, huh? What will be the Faux Con platform this fall? Obama created jobs, just like Hitler? You really think that's going to get the teabaggers and Republicans back into power? When all they've done is obstruct and say no? Really?
            Report Abuse
            • Author by bruce1ace (June 05, 2010 6:58 pm ET)
                7
              I never said Republicans were coming back into power. I'm saying ripping down corporations won't help us recover. Obama knows this, he's not anti-corporation like a lot of you are.

              Report Abuse
              • Author by The_Cat (June 05, 2010 7:15 pm ET)
                2  
                I don't believe anything is 'too big to fail'. In face, the bigger it is, likely the better of we would all be if it did fail. As for business, I'm all in favor of small business. They adapt faster to the market, they are more likely to hire when times are good, and suffer more when times are bad.

                Multinational corporations have far too much influence already, however, and dismantling them, especially those that exist only by exceptions to the anti-trust laws enacted over a hundred years ago, would be a major boon to our economy and our way of life. Get some competition back into the game for a change.
                Report Abuse
                • Author by bruce1ace (June 05, 2010 11:35 pm ET)
                  1 4
                  Everything already hit the fan in the last three years and both Bush and Obama agreed that bailouts were the answer not letting certain businesses fail. There are domino efects to your scenario of letting things fail that would be pretty ugly. Obviously both sides of the aisle agree with that.
                  Report Abuse
          • Author by ifthethunderdontgetya™³²®© (June 05, 2010 3:38 pm ET)
            6  
            Steve Moore's plan: tax cuts for tycoons and deregulation: is what got us into this mess.

            He's the last person who should be listened to for advice on getting out of it.
            ~
            Report Abuse
    • Author by David2012 (June 05, 2010 12:41 am ET)
      7  
      The strongest growth in jobs in 10 months was in May, and that made it five straight months of job growth.

      Shouldn't a complete story have talked about that?

      Better head back to the doom bunker, Stephen.
      Report Abuse
      • Author by angels4light (June 06, 2010 8:14 am ET)
        1  
        Of course, you know that there will be those who want to complain that the job growth was mostly in the public rather than private sector.
        Report Abuse
    • Author by vonbargen9388 (June 05, 2010 2:10 am ET)
      7  
      Moore reminds one of the kid in school who always volunteered to help the teacher clean the classroom, carried his books in an expensive briefcase and never let you copy his homework.
      Report Abuse
      • Author by blk-in-alabam (June 05, 2010 7:50 am ET)
        5  
        But peeped at the test while helping the teacher.He cheated for no one but himself.
        Report Abuse
    • Author by bluestate69 (June 05, 2010 9:29 am ET)
      6  
      "analysts" on fox, seem to think just saying something makes it true. alan moore might want the stimulus to be a failure, and he might say it, but that doesn't make it true. in fact, all of the data says otherwise. where is his evidence that it hasn't worked?? and don't say unemployment, cause that was skyrocketing at the time of the stimulus debate. yes, it's true that obama said the stimulus would keep unemployment under 8%. that's not proof the stimulus didn't work. that's proof that his economic projections ( number of jobs lost) was off. any "analyst" that says the stimulus is a failure is not telling the truth.
      Report Abuse
      • Author by angels4light (June 06, 2010 8:18 am ET)
        2  
        Tragically, unemployment was OVER 8% before he was even inaugurated. Justg like the budget deficit was already projected at $1.2 Trillion before President Obama took office, but there are those who continue to claim that President Bush (43) only had a deficit under $600 Billion, and President Obama TRIPLED it.
        Report Abuse
    • Author by mjh (June 05, 2010 11:33 am ET)
      5  
      Steve Moore declares the fiscal stimulus plan "a big failure"


      Yo, Steve -- I suppose you thought the same thing about the bailout packages Dubya gave to Wall St. and the automakers, right?




      Report Abuse
      • Author by angels4light (June 06, 2010 8:21 am ET)
        1  
        Oh, come now. You know that THAT package was really done by President Obama, not President Bush (43), right? Since it was very unpopular, it HAS to have come from President Obama, there is no way it could have been from our incredibly popular and amazingly effective Republican former president.

        </SNARK>
        Report Abuse
    • Author by Don Quixote (June 05, 2010 12:08 pm ET)
      6  
      Such a massive unprecedented amount of damage was done by decades of repub control was the best that I expected Obama to do when I voted for him was to keep us from going into a second Great Depression. I never expected any significant growth during his first term. He's not the Messiah.

      Of course it ain't over yet, but so far, so good. Even the stock market is up over 50% since its low when Bush was in office. (Knocking wood since Monday doesn't look like it's shaping up to be a good day.)
      Report Abuse
    • Author by pros2pros2940 (June 05, 2010 12:11 pm ET)
      6  
      So.........what was Moore saying while Bush was in office and whose policies resulted in the worst job creation numbers in US history.

      Bush On Jobs: The Worst Track Record On Record
      Report Abuse
    • Author by MiniTru (June 05, 2010 2:23 pm ET)
      6  
      Whenever I see Steve Moore, I'm reminded of the line spoken by the cop in the movie Ruthless People: "This may well be the stupidest man on the face of the earth."
      Report Abuse