Stimulus Bill some details, page 1
Pages:
ATS Members have flagged this thread 0 times
Topic started on 28-1-2009 @ 06:00 PM by Wildbob77
Link to News Article

I started to look at how the "stimulus" money was going to be spent and am having a hard time justifying this.

$43 billion to extend unemployment benefits.
That will just keep people poor. It doesn't stimulate anything.

$20 billion increase in welfare benefits.
Just keeps poor people poor.

$40 billion to subsidize health care for unemployed.
Stimulates insurance companies that offer COBRA

$87 billion for Medicaid

$41 billion in grants to local schools.

$16 billion to boost Pel Grants

My opinion is that not enough is being spent on projects that will generate actual jobs. I'm having doubts about this level of spending with the details that are offered in the article.


[edit on 28-1-2009 by Wildbob77]


reply posted on 9-2-2009 @ 06:34 AM by Solarskye
reply to post by Wildbob77



The government wants to stimulate the economy by spending tax payer money on non stimulated programs. Even if they gave us the money it wouldn't work. People would spend their stimulus money at walmart thus stimulating China. People who spend it on gasoline will go anywhere but America. If you purchase a computer it will go to India. If you purchase fruit and vegetables it will go to Mexico , Honduras , and Guatemala. Most cars are from Toyota, Nissan, Honda so that money would go to Japan.

Let's see, the only businesses left to spend it on here in America is yard sales, baseball/football games, prostitutes, tattoos and beer. Nice going America/government. Thanks for running all the companies out with so many tax codes and penalties. The only stimulus package we'll get in this country is one that stimulates the pockets of our politicians and their friends.
Pages:     ^^TOP^^



Do I have freedom FROM religion?
  Posted 1 days ago with 18 member flags
Is this the only politician in europe that is not blind?
  Posted 2 days ago with 8 member flags
Former NAVY SEAL Rebukes Obama
  Posted 17 days ago with 7 member flags
What The Founding Fathers Thought About Corporations
  Posted 10 days ago with 6 member flags
Newsweek Cover: \'The First Gay President\'
  Posted 14 days ago with 4 member flags
Westboro Baptist Church
  Posted 11 days ago with 4 member flags
Congress Revolts On Obama Plan That Would Ban ‘Buy American’
  Posted 18 days ago with 3 member flags
Police Pursue 4-Year-Old for Overdue Library Book
  Posted 12 days ago with 3 member flags