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wowwat

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Personal Info
Date Signed Up:2/19/2013
Last Login:5/27/2015
Funnyjunk Career Stats
Comment Ranking:#18284
Highest Content Rank:#2060
Highest Comment Rank:#13458
Content Thumbs: 1143 total,  1333 ,  190
Comment Thumbs: 163 total,  223 ,  60
Content Level Progress: 78% (39/50)
Level 110 Content: Funny Junkie → Level 111 Content: Funny Junkie
Comment Level Progress: 0% (0/1)
Level 90 Comments: Srs Business → Level 91 Comments: Srs Business
Subscribers:0
Content Views:79870
Times Content Favorited:97 times
Total Comments Made:102
FJ Points:1279
Favorite Tags: snk (4) | tags (2)

Funny Pictures

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    Uploaded: 09/23/13
    see description see description
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    Uploaded: 09/22/13
    Police Brutality Police Brutality
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    Uploaded: 09/22/13
    mmmhhmmmm oh paper boy mmmhhmmmm oh paper boy
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    Uploaded: 01/05/15
    Child Support inc. Child Support inc.
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    Uploaded: 09/22/13
    Dobby is a free elf Dobby is a free elf
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    Uploaded: 09/22/13
    MLK MLK
1 2 3 > [ 15 ]

YouTube Videos

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    Uploaded: 01/08/15
    SnK Let it Go SnK Let it Go

latest user's comments

#130 - During the 1824 presidential debate John Quincy Adams called A… 22 hours ago on Thanks, Obama +9
#181 - It did help. But much was excessive and wasteful. It could hav… 05/24/2015 on They keep slippin' on a... 0
#162 - Still not a smart choice, especially during the time period he… 05/24/2015 on They keep slippin' on a... 0
#120 - Well, my debt figures do appear to be wrong. Still, Obama has …  [+] (5 new replies) 05/24/2015 on They keep slippin' on a... +1
User avatar #169 - lotrfan (05/24/2015) [-]
Obama's stimulus package is widely regarded as being a success. Most economists in America agreed that it helped lower the unemployment rate and get us out of the recession. While many still weren't sure whether the cost of the stimulus was worth it, a majority still agreed on that too. www.igmchicago.org/igm-economic-experts-panel/poll-results?SurveyID=SV_5bfARfqluG9VYrP

User avatar #211 - durkadurka (05/24/2015) [-]
It was far too costly and all for a dubious effect at best. We have to consider the economy's natural tendency to recover, the high number of people leaving the workforce altogether and the higher number of people forced to take multiple part time jobs. Essentially the assumption is that every job created was a consequence of the stimulus, which is a poor assumption.

And because it was trillions in government spending, you can expect that it was inherently inefficient.

It would have been cheaper to give every unemployed person tens of thousands of dollars. Personally, I don't consider that much of a success story.

And besides, a lot of the stimulus effort went to banks and large corporations (like the auto industry). It really was an attempt to deploy Keynesian economics, which I'd argue is riddled with flaws.
#181 - wowwat (05/24/2015) [-]
It did help. But much was excessive and wasteful. It could have been trimmed and had the same effect.
#142 - jujuface (05/24/2015) [-]
Universal healthcare was a definite promise he made during campaigning. Whether you agree with him or not, he was voted into office by those expecting him to do what he did , and universal healthcare is one of the few major changes he made.
#162 - wowwat (05/24/2015) [-]
Still not a smart choice, especially during the time period he chose. Also, free healthcare isn't free, it has to be paid for. That was done in tax hikes and debt. It also forced people to buy from private businesses, which many people see as government playing "Big Brother". Though it can't be proved, many people think Roberts voted to uphold the ACA is because he wanted a legacy of a controversial vote and upholding the right to not be forced to buy from private business isn't controversial. An interesting article below about this theory.

www.politico.com/magazine/story/2015/03/john-roberts-legacy-115740.html#.VWIUn09Viko
#84 - Underemployment is at a high right now with people with colleg…  [+] (9 new replies) 05/24/2015 on They keep slippin' on a... 0
#90 - comicironic (05/24/2015) [-]
Where the hell do you get your figures?
National debt was at 5.7 trillion in 2000, 10.0 trillion in 2008, and at the last count at the end of September last year, was 17.8 trillion.

Did you honestly think that Bush started with 0 debt?
The times of highest borrowing in Obama's presidency was 08-09, where they borrowed about 1.9 trillion, but it was also a time of global economic downturn, where production decreased and revenue had to be found elsewhere.
A Republican government would have had the same issue, because Obama didn't magically decrease the budget, the economy did.
User avatar #197 - durkadurka (05/24/2015) [-]
It's true that revenue decreased during the recession, but a significant portion of the higher deficit years can be attributed to stimulus packages a la Keynesian economics.
#120 - wowwat (05/24/2015) [-]
Well, my debt figures do appear to be wrong. Still, Obama has procured the most debt out of any president. A republican would have focused immediately on the economy while Obama spent the 1st 1.5 years focused on healthcare and used tax hikes to help pay for it. That's not something to do in a heavy recession. Obama wasted too much money on the stimulus sent set almost no conditions on how it was to be used.

projects.nytimes.com/44th_president/stimulus

Many of the things on this list were not needed to stop or slow the bank crash and fallout and could have waited until later until the economy recovered. Instead, much money was taken out of the markets and thus slowed investment and growth during a period of which these needs were critical.
User avatar #169 - lotrfan (05/24/2015) [-]
Obama's stimulus package is widely regarded as being a success. Most economists in America agreed that it helped lower the unemployment rate and get us out of the recession. While many still weren't sure whether the cost of the stimulus was worth it, a majority still agreed on that too. www.igmchicago.org/igm-economic-experts-panel/poll-results?SurveyID=SV_5bfARfqluG9VYrP

User avatar #211 - durkadurka (05/24/2015) [-]
It was far too costly and all for a dubious effect at best. We have to consider the economy's natural tendency to recover, the high number of people leaving the workforce altogether and the higher number of people forced to take multiple part time jobs. Essentially the assumption is that every job created was a consequence of the stimulus, which is a poor assumption.

And because it was trillions in government spending, you can expect that it was inherently inefficient.

It would have been cheaper to give every unemployed person tens of thousands of dollars. Personally, I don't consider that much of a success story.

And besides, a lot of the stimulus effort went to banks and large corporations (like the auto industry). It really was an attempt to deploy Keynesian economics, which I'd argue is riddled with flaws.
#181 - wowwat (05/24/2015) [-]
It did help. But much was excessive and wasteful. It could have been trimmed and had the same effect.
#142 - jujuface (05/24/2015) [-]
Universal healthcare was a definite promise he made during campaigning. Whether you agree with him or not, he was voted into office by those expecting him to do what he did , and universal healthcare is one of the few major changes he made.
#162 - wowwat (05/24/2015) [-]
Still not a smart choice, especially during the time period he chose. Also, free healthcare isn't free, it has to be paid for. That was done in tax hikes and debt. It also forced people to buy from private businesses, which many people see as government playing "Big Brother". Though it can't be proved, many people think Roberts voted to uphold the ACA is because he wanted a legacy of a controversial vote and upholding the right to not be forced to buy from private business isn't controversial. An interesting article below about this theory.

www.politico.com/magazine/story/2015/03/john-roberts-legacy-115740.html#.VWIUn09Viko
User avatar #89 - timmywankenobi (05/24/2015) [-]
he only hiked taxes on the middle class not the upper class.
#83 - Comment deleted 05/24/2015 on They keep slippin' on a... 0
#258 - Single payer was so expensive that Vermont abandoned it. Even …  [+] (1 new reply) 05/23/2015 on Healthcare: Sanders vs Paul 0
#280 - anonymous (05/23/2015) [-]
yeah, you're definitely right. rand paul is still a giant cock though
#5 - Pan's Labyrinth. Pic. related, though I am a Republican, when …  [+] (3 new replies) 04/30/2015 on whats he gonna do 0
#8 - Sunset (04/30/2015) [-]
i don't understand your comment
User avatar #24 - FelatioCaine (04/30/2015) [-]
Looks like he meant to post this comment in on a different thread. I've done that before when I have multiple FJ tabs open.
#13 - Garblestickleshlop (04/30/2015) [-]
He's saying that the pale man from Pan's Labyrinth looks like this guy after extreme weight loss. I do see the resemblance but I don't understand what it has to do with this post.
#16 - The girl with the cake is Jocelyn Hawkins; we go to school tog… 04/30/2015 on seconds before disaster. 0
#29 - The decline of western civilization continues... 04/27/2015 on Please -4
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