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Study: Stimulus helped N.C.

The stimulus package passed by Congress is keeping about 200,000 North Carolina families out of poverty, according to a new analysis by the liberal leaning Center on Budget and Policy Priorities.

The stimulus package, officially known as the American Recovery and Reinvestment Act, has expanded food stamp benefits, expanded Child Tax Credits and Earned Income Tax Credits, extended unemployment benefits and made one-time payments to many elderly people, veterans and people with disabilities, Rob Christensen reports.

"It's hard to overstate the importance of the Recovery Act," said Louisa Warren, senior policy advocate at the N.C. Justice Center. "From saving and creating jobs, to keeping struggling families out of poverty, it's had a critical impact in North Carolina as well as the national economy."

Warren said not only does the stimulus money help families in need but the money is spent quickly and close to home.


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Re: Study: Stimulus helped N.C.

The italicized portion of the post is from the Center on Budget and Policy Priorities. It is the foundation of the post. Next time, I will be sure to link to the article that is of topic.

I will let you determine the reasoning behind my posts. A stimulus bill touted to create and, then later, "save" jobs by the Obama Administration. Now a policy group, that leans to the left, is touting the successes of the Stimulus as a further expansion of social programs.

I am sure you are logical enough to figure this one out...

Perhaps Gosh is right - Cal does have some blow hards working for him already...

With $787 billion being spent - I am sure many more jobs could have created and saved than what has actually happened.

Re: Study: Stimulus helped N.C.

Opinionated, I'm unclear on the point of your latest post. Are you agreeing that the stimulus act has helped save hundreds of thousands of jobs?

Your italicized quote, from an unidentified source, addresses "the effect on poverty of seven ARRA provisions." It goes on to discuss the Act's success in keeping Americans out of poverty. It doesn't pretend to address all of the Act's provisions, and nothing in its analysis runs contrary to the assertion that many, many people's jobs have been saved (and the overall recession mitigated) by the ARRA. In fact, reducing poverty and protecting jobs seem highly complementary to me.

Re: Study: Stimulus helped N.C.

The Center’s analysis, which covers 36 states and the District of Columbia, examines the effect on poverty of seven ARRA provisions: the expansion of three tax credits for working families, two provisions that strengthen unemployment insurance assistance, a provision that boosts food stamp benefits, and a one-time payment for retirees, veterans, and people with disabilities.[1] Nationally, these provisions are keeping more than 6 million Americans out of poverty and reducing the severity of poverty for 33 million more. (These figures include both people whom ARRA has lifted out of poverty and people whom ARRA has kept from falling into poverty.)

It appears that even the Washington Post writers thought the Stimulus Package was about creating jobs...

With the final vote coming late in the night, Congress yesterday approved a $787 billion stimulus package that aims to spur millions of jobs through massive new investments in energy, transportation, education and health-care projects.

Re: Study: Stimulus helped N.C.

Gigglebox - what is the difference in the support of Hagan and the support of Cal?

You supported Hagan when she was handed the golden ticket, worth millions of outside NC money to fund her election, and now Cal was lucky enough to find a golden ticket. He now gets to go Chuckyland and become a puppet or maybe its Menendezland...since he is now in DSCC. New Jersey politics welcome to NC.

Re: Study: Stimulus helped N.C.

The Banks were given money to help businesses get money to keep their employees working and their doors open. The Stimulus package was supposed to create jobs, then the Administration backed off and coined a new term "saving jobs." The Stimulus has not done its job and Democrats are talking about a second round. That simple!

Re: Study: Stimulus helped N.C.

They let you out of Dix tonight?

Yes Ishley, public face of Cal Cunningham, they let me out of Dix tonight.

Dorothea thought the indigent insane deserved a voice too. Keep up the good work on Cal's behalf.

Re: Study: Stimulus helped N.C.

They let you out of Dix tonight? Fingers crossed you make it back in one piece.

Re: Study: Stimulus helped N.C.

Pinehurst, do you know any people who've lost their jobs or are all your friends facing dilemmas such as deciding which cigar to buy at the Carolina Hotel, which iron to use on the back 9 at Pinehurst number two, whether their Brooks Bros. sweater matches their Cole Hahn belt, or what time the flight to Rochester leaves RDU?

Now that's funny. I just dropped my Pilot in my leftover Bonefish on the way back to the hospital. Wheee! Driving in circles is fun.

Re: Study: Stimulus helped N.C.

Pinehurst, you seem confused. The relevant comparison is not between today's unemployment rate and last year's unemployment rate. The comparison is between today's number and what that number would have been without the stimulus.

Economists agree that the stimulus has saved many, many jobs that would have otherwise been lost. If you can share a link to a reputable website that offers a different perspective, I'll have a look.

Bush's and Burr's foolish economic policies erased America's budget surplus, allowed capital markets to run wild, and directly caused the current recession. President Obama inherited this flawed economic system and is fixing it one step at a time. In line with his overall political philosophy, he has supported measures that help the MIDDLE CLASS and SMALL BUSINESS.

On the other hand, Burr and other Republicans seem to prefer tax cuts for the rich, ignoring health care and climate change crises, and deregulation of the banking industry. Pinehurst, I have a lot of friends whose jobs were feeling shaky, but they've managed to hold on. I credit the stimulus package with helping them keep their jobs and avoiding a far worse catastrophe than we currently have.

Pinehurst, do you know any people who've lost their jobs or are all your friends facing dilemmas such as deciding which cigar to buy at the Carolina Hotel, which iron to use on the back 9 at Pinehurst number two, whether their Brooks Bros. sweater matches their Cole Hahn belt, or what time the flight to Rochester leaves RDU?

Re: Study: Stimulus helped N.C. - HAPPY NEW YEAR!

So you admit the stimulus didn't work? Or are you just saying we need to move the goal posts?

Nope, no Coble on my speed dial. But it appears you have the White House Communications Office on yours. Or is it Andrew Whalen?

About that fishing...

"Give a man a fish today vs. teaching a man how to fish."

I'm not sure how wise it is to teach a man how to fish when half of the fish are already inedible due to mercury bioaccumulation. It might be better to teach a man how to be a good steward of his environment, so that future generations won't have to worry about which fish they can safely eat.

Re: Study: Stimulus helped N.C. - HAPPY NEW YEAR!

So Burr voting against "keeping about 200,000 North Carolina families out of poverty" was good. And him voting for Bush's Wall Street Bailout is good too.

Do explain Pinehurst Republican, the most noble of all the golf ball yankees in this state. I bet you have Coble on speed dial.

Re: Study: Stimulus helped N.C. - HAPPY NEW YEAR!

Happy New Year, everyone.

With the New Year comes New Spin!

Out with the old: "The $1 trillion stimulus is needed to create and save millions of jobs."
In with the new: "The stimulus is keeping families out of poverty."

In November 2008, North Carolina's unemployment rate was 7.5%. In November 2009, it was 10.8%.

If the stimulus had actually worked, the new spin wouldn't be needed.

Give a man a fish today vs. teaching a man how to fish.

The stimulus package has expanded food stamp benefits,

expanded Child Tax Credits and Earned Income Tax Credits,

extended unemployment benefits

made one-time payments to many elderly people, veterans and people with disabilities

What about 2010? Another stimulus package? Can these payments go on forever?

Re: Study: Stimulus helped N.C. - HAPPY NEW YEAR!

The stimulus package passed by Congress is keeping about 200,000 North Carolina families out of poverty...

Now, that's the one for NC Burr voted against, right, even though he voted for the NY Wall Street Bailout proposed by Bush?

When does Karl Rove get here to "turd blossom" that one? Oh...

http://projects.newsobserver.com/under_the_dome/rove_to_appear_at_burr_fundraiser

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