Do we need a second economic stimulus? (Obama, leader, economy)

[70Ford]

Or do you think using TARP funds to stimulate the economy is a bad idea? Perhaps it should be used to pay back government debt.

I vote debt.

House Republican Leader agrees with me, too. Which is kind of neat.
Obama Won’t Seek Second Major Economic Stimulus (Update1) - Bloomberg.com

Troubled Asset Relief Program. Troubled Consumer Jobs Creation program.

How do you make jobs without money? How do you make money wthout jobs? How can you kill that, which has no life?

[Spot]

Originally Posted by 70Ford

Or do you think using TARP funds to stimulate the economy is a bad idea? Perhaps it should be used to pay back government debt.

I vote debt.

House Republican Leader agrees with me, too. Which is kind of neat.
Obama Won’t Seek Second Major Economic Stimulus (Update1) - Bloomberg.com

Troubled Asset Relief Program. Troubled Consumer Jobs Creation program.

How do you make jobs without money? How do you make money wthout jobs? How can you kill that, which has no life?

Yes, we need another stimulus. You don't get out of a recession by cutting spending. You have to stimulate the economy through government spending. It's the only thing that works.

[Sunny-Days-in-Florida]

No, why give them more money to waste when they have proven they did wrong with the first stimulus.

That would be like rewarding thieves or something.

[tinman01]

I think every actual tax paying citizen should get a check. By this I mean those of us who pay in more than we get back.

[Leisesturm]

I have been saying as far back as November 08 that if every American household (all 115 million) had been given $10K we would be a lot better off now. Instead they gave it to you know who and we are still in 'it. The four harshest words in the English language: "I told you so".

H

[dreamisland]

stimulus=more debt, borrowing,welfare job programs,taxes,currency devaluation, then the final collapse into a dawn of the dead world of burning cities and roaming gangs.

[Frankie117]

We have already had several economic stimulus bills;

Economic Stimulus Act of 2008
Housing and Economic Recovery Act of 2008
Emergency Economic Stabilization Act of 2008
Tax Extenders and Alternative Minimum Tax Act of 2008 [Component of TARP]
American Recovery and Reinvestment Act of 2009

There was another one passed shortly after the ARRA totaling around $400 billion in spending, but the name escapes me. There were also several dozen different bills to bailout various financial institutions and of course the auto bailouts.

[mrmikeman]

No, no more stimulas packages. The last one saw the company I work for lose 500 people.
WalMArt just let 11000 people go this weekend. Is that what the last stimulas did?
Please, they (government) have done enough, its time to move out of the way.

http://news.yahoo.com/s/ap/20100124/ap_on_bi_ge/us_wal_mart_sam_s_club (broken link)

[tyanger]

If you're asking if the stimuli need stimuli - they probably do.

But sometimes ya just gotta make somethings DNR and call it a day.

[dnc0628]

You would want another stimulus if you want a bigger political slush fund for the Dems, not if you want to create jobs.

The last $787 billion Dem slush fund resulted in a loss of 2,700,000 jobs lost.