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LOL!!! Like I said, complaints without solution..People with brains know that Obama's plan is more than that but conservatives are stuck in a mental quagmire. Still NO solutions from the right............................
To let the chips fall where they may.
Because throwing trillions of dollars away with no real plan is folly.
But it is popular with both parties and some of their faithful.
Because throwing trillions of dollars away with no real plan is folly.
But it is popular with both parties and some of their faithful.
This person's suggestions are NOT stupid. Borrowing $ 1 Trillion for a mediocre (at best) plan is not worth the cost. I would suggest trying to trim as much fat from Government spending as possible instead of doing nothing, but I don't think Government intervention is going to help. There is much to be said for the argument that Government Intervention (lowering interest rates to mitigate the NASDAQ/Tech recession) was a major cause of the housing boom, the collapse of which has caused this recession. Government also intervened with the CRA and Fannie/Freddie which are involved in this mess as well.
This stimulus plan is a joke and is not worth anywhere near the cost. There are some projects within the package that maybe worthwhile. But, since these are projects that take a while to come to fruition, it's best to let Congress discuss and fine tune them (and debate their merits) without shoving them down our throats in the short term.
Very few people are considering the possibility of this package failing. This is a very real possibility and, if it happens, we're on the hook for close to $1 Trillion.
Dud is putting it lightly. Some of the pork won't even take place for a couple of years. Even when it does we all know how inefficiently government is with money. I would bet that we will be lucky if even %50 percent of the stimulus package ever sees the light of day. Most will be absorbed by the corruption we call politics. I can see all the graft, payouts and under the table dealings already. Boy are the American people blind. It is time to take back the country guys.
My point is that, as a rebuttal to the argument that this stimulus plan is a waste of money, some people will argue that the Iraq War or previous Bailouts/Stimuli were also wastes of money. While the merit of those claims can be debated, it's dumb to use past wastes of money to justify future wastes of money. We should learn from our mistakes and not repeat them. Look at the tax rebate stimulus from 2008; it was a total dud!
This person's suggestions are NOT stupid. Borrowing $ 1 Trillion for a mediocre (at best) plan is not worth the cost. I would suggest trying to trim as much fat from Government spending as possible instead of doing nothing, but I don't think Government intervention is going to help. There is much to be said for the argument that Government Intervention (lowering interest rates to mitigate the NASDAQ/Tech recession) was a major cause of the housing boom, the collapse of which has caused this recession. Government also intervened with the CRA and Fannie/Freddie which are involved in this mess as well.
This stimulus plan is a joke and is not worth anywhere near the cost. There are some projects within the package that maybe worthwhile. But, since these are projects that take a while to come to fruition, it's best to let Congress discuss and fine tune them (and debate their merits) without shoving them down our throats in the short term.
Very few people are considering the possibility of this package failing. This is a very real possibility and, if it happens, we're on the hook for close to $1 Trillion.
Well the last bailout didn't seem to work well...maybe th eplan is if at first you don't succeed try, try again...
Well the last bailout didn't seem to work well...maybe th eplan is if at first you don't succeed try, try again...
Listen to this clip from Schiff. He says that the Government's only reaction or solution to a fire is to throw gasoline on the fire. The greater the fire becomes, the more gas they throw on it. Never do they make the link between the strength of the fire and the amount of gas they throw on it.
Is the government buying ownership of industry and banking the solution?
Sorry there is little to this plan except hope..." hope it works "
NEITHER party can solve this problem,it is only going to get worse.
Spending another trillion dollars will simply make us another trillion in the hole.
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