Obama's faux-stimulus package, page 2

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reply posted on 28-1-2009 @ 09:04 PM by earlywatcher

Originally posted by TheColdDragon
reply to post by earlywatcher

So that 800 billion is literally going to come out of thin air, and will be backed by zero.

good point, but doesn't that lead to the Evil hyperinflation that will make us like Zimbabwe? Somewhere down the line there is going to be a huge price to pay and I don't see how it can be very far away.

reply posted on 28-1-2009 @ 09:19 PM by David9176

reply to post by earlywatcher

So we can basically take that line and draw it up even higher? Looks like we will be literally off the chart.

reply posted on 28-1-2009 @ 09:31 PM by crw2006

This stimulus package is just stimulating us right into a depression. Just print more money and that will solve it, brilliant thinking by our politicians!

reply posted on 29-1-2009 @ 05:47 PM by wutone

Won't this stimulus just create large bureaucracies wholly dependent on government and taxpayer funding?

Won't these bureaucracies start gaining massive political power and become an ever expanding and and never ending drain on the system that will be impossible to get rid of?

Won't these bureaucracies become parasitic entities that will kill us slowly if they stay but kill us painfully if removed?

Example: The military industrial complex.

It is well known that the military industrial complex is very powerful. Adding on that, it is also impossible to get rid of. Any politician trying to make cuts will throw millions of people out of work and thereby putting their own career as well as entire regional economies in jeopardy. It can't be cut meaningfully and has the political power to pressure more money or push favorable policies.

The military industrial complex should be the poster child to what happens if a large bureaucracy is created through massive spending. There are many like it. In California, the government has been increased massively, especially in education and prisons. Now the teacher and prison guard unions have near complete control over the state government, are immune to cuts in this bad economic time, while causing massive budget problems.

Obama's stimulus is just another new "complex" in the making. It is gonna become big, powerful, and impossible to get rid of. It might create jobs, probably lots of them, but they are all taxpayer funded and with so many bureaucracies to feed, can we afford to have any more?

[edit on 29-1-2009 by wutone]

reply posted on 30-1-2009 @ 02:25 AM by TheColdDragon

It is also important to note that calling all of this OBAMA'S Idea is a false preposition, as this bill has been worked on for months before Obama took office, and was only seriously being considered weeks before his inaugeration...

So the man wasn't in office yet before this bill was drafted.

And if you question, ask yourself how long does it take to write 400 pages of senate documentation?

reply posted on 30-1-2009 @ 09:35 AM by ViolentChick

Originally posted by wutone
Won't this stimulus just create large bureaucracies wholly dependent on government and taxpayer funding? [edit on 29-1-2009 by wutone]

Yes, it will - but that's what is needed to pull us out of this slump. It's the new New Deal. And if you look at the programs we have today that are successful - so many of them came out of the original New Deal (unemployment, social security [you may not consider it successful, but consider that there was NOTHING before it]).

There's nothing wrong with well-run government bureaucracy. I was recently reading an essay called "Capturing Democracy's Surge" in the book Thinking Big and I agree with the point made there: the government has become the people's enemy. Once we restore the relationship between the government and the people they can do for us what they are supposed to do - provide infrastructure, healthcare, education. During the Bush administration the idea of large government bureaucracies scared me, but now that Obama is in office I feel like they would actually be successful at bringing us to better financial fields.

reply posted on 30-1-2009 @ 12:15 PM by earlywatcher

reply to post by ViolentChick

If government were going to be reset to where it was during the great depression, or even reset to immediately after WW2, it might be worth talking about creating useful new programs, but government has grown like a cancer since then. Yes we need them for infrastructure, etc, and it would be wonderful to restore that proper relationship between government and people but that is not what's happening. This bill is called stimulus but it's just more spending, and probably is structured to pay off political IOUs from the recent election. The meaning of bipartisan bill is pork for both parties. Look around you. Huge government agencies that both multiply and become bigger. This disastrous economic climate is probably similar to the Great Depression, but our current governmental structure is vastly bigger and less efficient than ever. All it does really effectively is spend money. Name one well run government agency?

reply posted on 30-1-2009 @ 12:51 PM by daddyroo45

He He from the look of things these figures seem to be pointing toward a really good internal Government stimulis.Gosh who would have thunk it? The government covering it's own a**.While most americans will be left holding the bag.....again..

reply posted on 3-2-2009 @ 01:45 PM by ViolentChick

Originally posted by earlywatcher
reply to post by ViolentChick

bigger. This disastrous economic climate is probably similar to the Great Depression, but our current governmental structure is vastly bigger and less efficient than ever. All it does really effectively is spend money. Name one well run government agency?

The post office.

I do agree with you that our government needs to be made far more efficient to be the agent for the people - but really - isn't that what the government is supposed to be? If it is in such bad need of reform and so much waste is going on, isn't now the time?

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