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And for the record, this bailout sounds more like something Pelosi structured, not Obama. If that is really the case, I am somewhat disappointed but understand why it contradicts what Obama has promised us.
How so? Obama has promised to not only create jobs, but also makes those in distress to be taken care of, and spending cuts by eliminating programs that don't work, or could be handled differently.
This ain't that one-trick pony republicans take pride in.
Wow, thats great. However, please dont compare Republicans to Jesus, as he was one of the greatest men who ever lived. You should compare Republicans to Judas, that would be more accurate
I only used to make the carpenter joke! I understand your point and I apologize!
Money for family planning and arts?
This is the rebirth of the Republican Party.
Arts is a $166 billion industry in the USA, with about 20% of it going as revenue to the government, and 5.7 million jobs. Given that, $50m sounds almost insignificant, and it might very well be only about extending UI benefits.
Not everything in the package is about job growth. One such example may be Family Planning. By investing there, the idea appears to be around spending cuts in the future, by preventing unwanted pregnancies. Why is that bad idea?
Arts is a $166 billion industry in the USA, with about 20% of it going as revenue to the government, and 5.7 million jobs. Given that, $50m sounds almost insignificant, and it might very well be only about extending UI benefits.
Not everything in the package is about job growth. One such example may be Family Planning. By investing there, the idea appears to be around spending cuts in the future, by preventing unwanted pregnancies. Why is that bad idea?
What about $400 million for global warming research and $2.4 billion on carbon capture projects and $150 million for the Smithsonian? How will that "stimulate" the economy?
There is a strong argument that nobody really knows how to fix a recession on a capitalist system. If capitalism is truly the perfect economic system, it will solve itself. In the mean time all the government can do is provide a positive climate for businesses, and lift the american people spirit. The problem with Obama is his gloomy message of things possibly getting worst. FDR used to lift people spirit and make them feel good, and at the end WW2 solved the depression. Also, I don't see that many infrastructure spending on the stimulus bill. It is hard for me to say this, but the other day I heard Limbaugh saying the bill should be 50% infrastructure, 50% tax cuts for businesses, and see which one stimulate the economy more. That makes perfect sense to me; is like trying Keynesian economics and Supply side economics in one bill.
There is a strong argument that nobody really knows how to fix a recession on a capitalist system. If capitalism is truly the perfect economic system, it will solve itself. In the mean time all the government can do is provide a positive climate for businesses, and lift the american people spirit. The problem with Obama is his gloomy message of things possibly getting worst. FDR used to lift people spirit and make them feel good, and at the end WW2 solved the depression. Also, I don't see that many infrastructure spending on the stimulus bill. It is hard for me to say this, but the other day I heard Limbaugh saying the bill should be 50% infrastructure, 50% tax cuts for businesses, and see which one stimulate the economy more. That makes perfect sense to me; is like trying Keynesian economics and Supply side economics in one bill.
There is a strong argument that nobody really knows how to fix a recession on a capitalist system. If capitalism is truly the perfect economic system, it will solve itself. In the mean time all the government can do is provide a positive climate for businesses, and lift the american people spirit. The problem with Obama is his gloomy message of things possibly getting worst. FDR used to lift people spirit and make them feel good, and at the end WW2 solved the depression. Also, I don't see that many infrastructure spending on the stimulus bill. It is hard for me to say this, but the other day I heard Limbaugh saying the bill should be 50% infrastructure, 50% tax cuts for businesses, and see which one stimulate the economy more. That makes perfect sense to me; is like trying Keynesian economics and Supply side economics in one bill.
"Set aside that Economists and over 60% of Americans agree that the Economic Stimulus Package is a critically needed shot of adrenaline to the heart of our economy.
What alternate universe did you get your stats from? Give me a link to even one economist that thinks its a good idea.
Quote:
The bill passed last night without ONE SINGLE REPUBLICAN VOTE. Not one Republican was willing to reverse course, change the Bush Policies that got us into this fix. NOT ONE will even try to save this Economy
This stimulus package is a continuance of a previous failed stimulus package. Voting against it was reversing course.
Republicans and Democrats voted against the bill. Only democrats voted for it. Sounds like it the die hard liberals that don't care.
Quote:
Politics came first, governing dead last....... Their goal is to become a MAJORITY PARTY again, and nothing else matters."
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