Nearly 1,000 Oklahomans Put To Work D...

Nearly 1,000 Oklahomans Put To Work Due To Stimulus Money

There are 109 comments on the Oklahoma Impact Team story from Aug 5, 2010, titled Nearly 1,000 Oklahomans Put To Work Due To Stimulus Money. In it, Oklahoma Impact Team reports that:

A program created by the Department of Human Services called the Subsidized Employment Program has created nearly a thousand jobs in the state.

Join the discussion below, or Read more at Oklahoma Impact Team.

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einzig

Sand Springs, OK

#1 Aug 5, 2010
I would hope that for $12 million that 1000 employed would be a drop in a bucket for the money utilized...but then again, we are talking about "government".
rose

Tulsa, OK

#2 Aug 5, 2010
great now till how many more jobs were lost, then show the odds,
zenarcher

West Fargo, ND

#3 Aug 6, 2010
No matter how many people have lost jobs, this is nearly 1,000 less unemployed people than their would have been without it. Likewise, this is an ongoing program, so the entire funding would not have been used up just on 1,000 people to this point in time.

It's worth keeping in mind, as well, that this isn't just "money going out." With these people back to work, they are now contributing back into the system in the form of paying taxes and spending back into the economy. It's the potential for 1,000 less bankruptcies, foreclosures and other business losses, as well.

With the stimulus program, or pretty much any other program, it would be very nearsighted to expect an instant cure for unemployment or to expect instant return on the investment. One would hardly expect to invest in a new Interstate highway, for example and expect it to pay for itself within a year or two from gasoline taxes. It's a long term investment with a long term return.

We've pretty much seen the long term effect of "trickle down economics," tax cuts for the super-rich and deregulation in the corporate finance, insurance and banking sectors. It was certainly time to take a different road to stimulate the economy and the employment market.
Olgeezer

Tulsa, OK

#4 Aug 6, 2010
Zenarchr, spoken like a true Obama liberal. You haven't a clue.

Faith Healer

“Swimming With Ignorant Sharks”

Since: Apr 10

Oklahoma

#5 Aug 6, 2010
The brain damaged right-wingers just can't get their tiny little brains around the fact that job loss is a result of 8 years of bad government by the Bush Administration.

How does one head off another great depression?....I don't think anyone knows but it sure as **** isn't by ignoring the past.
nena77

Tulsa, OK

#6 Aug 6, 2010
And then what happens when the stimulus runs out? How can American taxpayers continue to carry the load of poor business management? Corporations are taking all they can get, while they can still get it before the bottom falls out. Those at the top are skimming the cream, the worker will be left with the sour milk when the profit for the company is gone.
zenarcher

West Fargo, ND

#7 Aug 6, 2010
Olgeezer wrote:
Zenarchr, spoken like a true Obama liberal. You haven't a clue.
I am a very proud liberal and make no apology for that. You might want to look at the Congressional Budget Office figures for the current and projected Bush tax cuts and two war expenses, in comparison to all of the other deficit figures. The Bush tax cuts alone, account for the bulk of projected debt. And, we got nothing in return except a broken economy. Name one U.S. President who was handed two wars and a broken economy by his predecessor. Obama isn't perfect by any means, but he was handed the worst of the worst. All thanks to the conservatives.
zenarcher

West Fargo, ND

#8 Aug 6, 2010
Faith Healer wrote:
The brain damaged right-wingers just can't get their tiny little brains around the fact that job loss is a result of 8 years of bad government by the Bush Administration.
How does one head off another great depression?....I don't think anyone knows but it sure as **** isn't by ignoring the past.
Thank you very much. A person who thinks and understands the value of history.
zenarcher

West Fargo, ND

#11 Aug 6, 2010
nena77 wrote:
And then what happens when the stimulus runs out? How can American taxpayers continue to carry the load of poor business management? Corporations are taking all they can get, while they can still get it before the bottom falls out. Those at the top are skimming the cream, the worker will be left with the sour milk when the profit for the company is gone.
Certainly we need reform, regulations and checks and balances on runaway corporations. Again, the Conservatives did away with all that in the name of "free enterprise." The stimulus is directed at helping the smaller businesses and employees during a time of economic crisis. There needed to be some sort of stop gap temporary measure taken to help these people. The stimulus isn't meant as a permanent solution.

Get some control on corporate greed. Get some control on corporations hauling jobs and profits offshore. Get control of 2/3rds of American corporations not paying any income tax. Corporations with profits like Exxon paying not one cent of income tax. Yes, they pay other taxes, but loopholes allow them to escape income tax as they carry their profits offshore and we pick up the tax burden.

Get the country back on track where technology and manufacturing had us at one time. Get away from the "service oriented economy" and start producing products the rest of the world will buy. Look at computers, television sets and the rest. Nothing actually made in this country. A few years back, most television sets where manufactured here....RCA, Zenith and a pile more. Today...not a single one.

Faith Healer

“Swimming With Ignorant Sharks”

Since: Apr 10

Oklahoma

#14 Aug 6, 2010
nena77 wrote:
And then what happens when the stimulus runs out? How can American taxpayers continue to carry the load of poor business management? Corporations are taking all they can get, while they can still get it before the bottom falls out. Those at the top are skimming the cream, the worker will be left with the sour milk when the profit for the company is gone.
The same way it's always been done in our bubble-bust economy...inflate it away while the rich get richer.
Peg

Tulsa, OK

#15 Aug 6, 2010
zenarcher wrote:
<quoted text>
Certainly we need reform, regulations and checks and balances on runaway corporations. Again, the Conservatives did away with all that in the name of "free enterprise." The stimulus is directed at helping the smaller businesses and employees during a time of economic crisis. There needed to be some sort of stop gap temporary measure taken to help these people. The stimulus isn't meant as a permanent solution.
Get some control on corporate greed. Get some control on corporations hauling jobs and profits offshore. Get control of 2/3rds of American corporations not paying any income tax. Corporations with profits like Exxon paying not one cent of income tax. Yes, they pay other taxes, but loopholes allow them to escape income tax as they carry their profits offshore and we pick up the tax burden.
Get the country back on track where technology and manufacturing had us at one time. Get away from the "service oriented economy" and start producing products the rest of the world will buy. Look at computers, television sets and the rest. Nothing actually made in this country. A few years back, most television sets where manufactured here....RCA, Zenith and a pile more. Today...not a single one.
Spoken like a true Democrat! I think you may want to switch from those hate spewing idiots over at FOX and start watching CNN to get the real picture. You are on your way my friend to understanding where the President is trying to get to.
zenarcher

West Fargo, ND

#16 Aug 6, 2010
Peg wrote:
<quoted text>
Spoken like a true Democrat! I think you may want to switch from those hate spewing idiots over at FOX and start watching CNN to get the real picture. You are on your way my friend to understanding where the President is trying to get to.
I am a true Democrat and not the least bit ashamed to admit it. I'm not a Fox News watcher, either. About five minutes of reading their distortions caught by "Media Matters," should cure anyone of that. Actually, I do a lot of news reading from many news sources, including wire services and overseas analysts. As a retired News Editor and Op-Ed writer, it's sort of a hobby for me to follow news. And, I'm a history buff, as well. I hate watching us repeat the same mistakes over and over and over.
Peg

Tulsa, OK

#17 Aug 6, 2010
Peg wrote:
<quoted text>
Spoken like a true Democrat! I think you may want to switch from those hate spewing idiots over at FOX and start watching CNN to get the real picture. You are on your way my friend to understanding where the President is trying to get to.
So sorry for my comments. You actually ARE a Democrat. I got you mixed up with some right winger President basher from comments earlier on here. No wonder you made so much sense. Sorry for the confusion!
Mike

Tulsa, OK

#18 Aug 6, 2010
I am always dismayed when I read news articles about jobs being saved by stimulus programs because they propagate the economic fallacy illustrated by Frederic Bastiat in his essay,“That Which is Seen, and That Which is Not Seen.” Namely, that we only see the people and businesses who are helped by stimulus programs. We don’t see the already productive companies and individuals are who successfully producing goods and services who have their productivity hampered by government. When government takes resources from those who are successfully producing and reallocates it to those who are not, it is not only transferring money, it is destroying that which creates wealth.

If we insist upon taking from the producers and giving to the non-producers, a far better alternative would be to give the non-producers educational vouchers so they can retrain for a job that the market actually demands. What we are doing here by propping up these jobs is just blatant wealth destruction.
zenarcher

West Fargo, ND

#19 Aug 6, 2010
Mike wrote:
If we insist upon taking from the producers and giving to the non-producers, a far better alternative would be to give the non-producers educational vouchers so they can retrain for a job that the market actually demands. What we are doing here by propping up these jobs is just blatant wealth destruction.
Actually, another excellent idea. Many of the unemployed have come out of the service sector and do not have productive skills. We don't have the technology training available, nor the qualified people, to rebuild a viable economy. High schools offer little training of value and there are many people who just are not "university material," for one reason or another. Several years ago, our economy moved to the financial, investment and real estate mode. People and businesses literally "trading pieces of paper back and forth to make a quick profit." Nothing of real, marketable value and we're living with the result of this "house of cards" economy.

Yes, technical and vocational training could lead to a brighter future. Encourage more engineering and manufacturing in the alternative energy field and other sectors of technology. And, offer a skilled labor force to work there at jobs which provide a living wage and a future. Produce products the world wants again. Give young people a future offering more than handing out burgers from a take-out window or picking up shopping carts in a Wal-Mart parking lot.

I like your idea.

Faith Healer

“Swimming With Ignorant Sharks”

Since: Apr 10

Oklahoma

#22 Aug 6, 2010
Peg wrote:
<quoted text>
Spoken like a true Democrat! I think you may want to switch from those hate spewing idiots over at FOX and start watching CNN to get the real picture. You are on your way my friend to understanding where the President is trying to get to.
Anyone delusional enough to think truth can be obtained on any corporate media source, is walking around clueless.
Kyle

Oklahoma City, OK

#23 Aug 6, 2010
Unfortunately, the acceptance of government stimulus spending is the result of economic ignorance, as illustrated by the Broken Window Fallacy popularized by Frederic Bastiat. The average citizen views all job creation as good, even when it comes as a result of government intervention in the economy. A job is a job, right? Not that simple. When government steps in to support a down economy, the money can only come from two ways: taxes or inflation. Both methods rob the citizen of their purchasing power in supporting the industries they deem worthy of their money. The "invisible hand" in free market capitalism is much more effective at creating a strong and healthy economy than those central planners who pick winners and losers. Let the free market work!
ImNotBuyinIt

Skiatook, OK

#24 Aug 6, 2010
So you believe the greatest economic growth in the history of the USA in the 1990s had nothing to do with lower tax rates allowing the "rich" to reinvest in their businesses and put even more people to work? I do agree making or putting people to work as this stimulus project as reported has done is 1000 times more palatable than welfare handouts. I assure you, the owners of CNN and MSNBC that spout the drivel you support did not get rich by paying the highest tax rates in the world. They took advantage of trickle-down economics as did everyone. Check any of their estimated networth in 1988 or 89 and 2000.

Faith Healer

“Swimming With Ignorant Sharks”

Since: Apr 10

Oklahoma

#25 Aug 6, 2010
ImNotBuyinIt wrote:
So you believe the greatest economic growth in the history of the USA in the 1990s had nothing to do with lower tax rates allowing the "rich" to reinvest in their businesses and put even more people to work? I do agree making or putting people to work as this stimulus project as reported has done is 1000 times more palatable than welfare handouts. I assure you, the owners of CNN and MSNBC that spout the drivel you support did not get rich by paying the highest tax rates in the world. They took advantage of trickle-down economics as did everyone. Check any of their estimated networth in 1988 or 89 and 2000.
Back up history revisionist!...Clinton raised taxes on the wealthy in the early 90's while the right wing was singing gloom and doom...How can anyone get on a forum and discuss history and politics while being intellectually lazy to the point of embarrassment?

Faith Healer

“Swimming With Ignorant Sharks”

Since: Apr 10

Oklahoma

#26 Aug 6, 2010
If anyone was interested in educating yourselves go back to tax and spend policies that served this country very well for 50 years...beginning after the depression.

Reaganomics changed that...tricle down letting the rich hoard money instead of re-investing in America. And we've been doing the same thing for 30 years.

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