How Bad Is It?

KT, why do moderates want to cut out food stamps, money for school building and mass transit spending? These are some of the best parts of the bill. Didn't they already kill unemployment health insurance. Screw these losers, I'm glad Obama is going to travel next week. The Senate is so out of touch with the real world it's scary.

http://theplumline.whorunsgov.com/stimulus-package/latest-cuts-to-the-stim-package-head-start-child-nutrition-food-stamps-public-transit/

Btw, thanks for NOT responding to my repeated question about the Republican position on capping exec pay? Maybe if the greater general public knew about that, they'd have a better perspective on how hypocritical Republicans are. Also, I would direct you to the Daily Show clip from last night illustrating that the Republicans only have a problem with spending when their dude isn't in power.

The world didn't begin in 1980. Aren't there some dramatic downturns from during the 70's to include in the dataset?

You know, compared to this recession, those old recessions look downright patriotic.
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Red, white, and blue...and puke green.
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Nancy Pelosi knows how to make a point.

That's not a curve -- that's an asymptote! At this rate, we'll hit 100% unemployment before Labor Day.

Did Pelosi's office indicate which economic data they used to extrapolate the current recession. And umm, would this be better coming from an economist rather than Nancy Pelosi's office?

Who cares about jobs? Give Walmart a tax cut and shut up.

Make that STFU!

ymmartin, I don't think the graph shows extrapolation. I think it is actual data. Seems to me the timeline is about right for that. Anyone have any other info on the graph?

HOLY $#!+ !!!!!
I do not want to know this.
ASSUMING it's accurate, I want somebody who can do something about this to know this, to understand it, to fix it quickly, and to assure me everything is just fine.
I'll be off playing Sudoku now -- let me know when it's OK to come back out again, OK?

KT, I know you are not a media critic, but would you care to comment on Amy's post: "Diana Butler Bass makes a smart point about the grumbling about whether Obama is being sufficiently bipartisan in these early days of his Administration: Obama never promised bipartisanship. He vowed to end partisanship, to move beyond partisanship. You can argue he's not doing a good job of post-partisanship either, but they're not the same thing."

Elizabeth Warren is running around saying Paulson stole all the tarp money. Glad I'm not married to her and have to listen to that prattle all day.
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http://www.huffingtonpost.com/2009/02/06/paulson-misled-tarp-overs_n_164589.html

Since the jobs report is positive, I'm sure it is fine that the centrists are chopping out the actual stimulative parts of the stimulus bill. Here's Steve:
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Now, there are good arguments for all of the various areas Nelson and Collins want to cut, but I'd like to single out food stamps, in part because I care about low-income families eating during a deep recession, and in part because they're an excellent stimulus. You may have seen this chart before, but it's worth looking at again: . . .

Good point gunny. Lord how those women do prattle on. Are there no cookies to bake? No socks to darn?

I think the chart is upside down.

Paul D
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The 70s wouldn't correlate because the situation then was so different than it is now. For instance the top tax rate was 70 percent. We also had an oil embargo. And the Fed rates were high enough to be cut. I am sure they could have included it but I think it would have been pretty misleading.

Holy frak! Out of some sort of masochistic tendency, I've been streaming the "debate" in the Senate. The GOP is fiddling while Rome burns. It's disgraceful.

Do the Republicans know this? What does their data look like?
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(I did see the $100 bill graphics presented by Senator Thune. Perhaps he was addressing his base.)

Don't worry. All of those out of work people with no income will soon get a tax break. That will solve everything.

"Are there no cookies to bake? No socks to darn?"
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I really hate when they get men jobs like reporters and editors and start acting and sounding just like partisan hacks too!

I am wondering if people are noticing that the job losses are getting bigger by the month and if we just went by last months numbers as an average more than 12 million people would lose their jobs this year. I know thats not necessarily accurate because some months MIGHT be better than others but thats the reality we see right now. It took all of last year to lose 2 million jobs it has taken two months to lose more than another million.

Thune just made a proposal to take the amount of the bill and divide it evenly by everyone who pays taxes. Meanwhile there are potholes all around Western PA that have their own lake effect. These people are morons.

"I know thats not necessarily accurate because some months MIGHT be better than others"
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In this current climate what does better look like? 300K?

When I look at that, I see the disappointed face of my mother.

Bet Hula and Textee are searching frantically for distracting wingnnut rants to cut-and-paste right now. Poor things....
Then again, looking at that chart: Poor *us*, thanks to people like Hula and Textee voting for GOP fantasy economics all these years!

I'm going to go out on a limb here and speculate that hula and texte have never been employed and are either extremely wealthy, institutionalized, or both.