Jobless rate falls to 7.8 %

[bobabode]

Originally Posted by whell

Like Biden in 1984, no more piling on of government debt via dubious government spending on things like the so called Stimulus. These are ideas that at one time resonated with many Democrats, as reflected in Biden's comments. His comments also demonstrate that the party the Joe Biden was part of in 1984 has moved very far to the left of where Joe was when he made those statements.

I respectfully disagree. We are at a far different place than we were in '84 thanks in part to Bush's spending free for all and the great recession. I also disagree that we've shifted left at all, it's actually been towards the center. Maybe it's just a matter of perspective for you because the Republicans have shifted so much farther to the right? I hate to tell you but the '80's were a long, long time ago.

The stimulus was/is a lot of different things, what parts of it do you object to?

There are a few highway projects going on in my neck of the woods that have signs proclaiming some govspeak, "Reinvesting in America!" The auto bailout? That was a loan wasn't it? We got a big stake in GM for our dollars, didn't we? Will we get it all back in a strict accounting sense? I doubt it. I hate the fact that we didn't get any voting stock but whaddya gonna do? The bank bailouts? I remember my bank crowing about paying their loan back, that would be Bank of America. I'm not saying everything is hunky dory, that will happen when and if we see 5% unemployment. There's still a lot of work to do to dig ourselves out of this hole we are in.