Originally posted by nyk537
What good does seeing how our money, and our childrens money, is being flushed down the toilet? Will that make us feel better about the trashing of our futures?

Well, given that they are taking the money and spending it on something, I'd much rather know that it's going toward computers for schools, fixing roads and railways, solar research and manufacturing, windmills and moving toward energy independence, than some CEO's bathroom renovation, complete with refrigerator or a new corporate jet.

Admittedly, I don't have kids, so I don't have that extra burden to be concerned with. But I think your children will benefit from what Obama is PROPOSING to do with this money. If it works out like he plans (which I'm not at all sure of), your kids will be living in a country with a huge debt, but at least they'll be able to get a job and have a home. If we just let this go, they might be living on the streets in the middle of another great depression.

[edit on 26-1-2009 by Benevolent Heretic]

Well Bush has tried it, twice......
By giving us stimulus checks.

they are not better, because everyone pays off their car payments, mortgages, or credit card bills. And where does that money go?

Right to the banks.

This problem is unprecedented. So all the economists and legislators are at a total loss at what to do. It is not just Obama, or democrats.

All groups are wringing their hands trying to come up with something. And when you have a problem with the likes that have never been seen before, anything is just an experiment.

I'd much rather know that it's going toward computers for schools, fixing roads and railways, solar research and manufacturing, windmills and moving toward energy independence, than some CEO's bathroom renovation, complete with refrigerator or a new corporate jet.

Sad thing is that most of that money will probably be chewed up in administrative costs and many projects will require more funding to be completed.