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True, but that is only a surprise to people that weren't paying attention.
For example, it was known that April was the earliest projects would start.
But shockingly (), people were already complaining about the effectiveness of the stimulus before that time.
I would agree with that. The majority of the spending will be done in 2010 and 2011 which seems a little late for a 2008/2009 recession.
I didn't know of Bush when he was in 3rd grade.
I didn't pay attention to the failures of the previous administration until last year.
So no, I did not.
Because the people in the most need - for example, the ones who got laid off from their jobs, are very likely to actually use that money, purchasing food, clothes, essentials.
When a business has customers, it makes money.
When it makes money, it can hire more employees.
Or it can continue to do more with less people. Productivity will rise, but that does not necessarily mean more jobs. It costs money to hire and train. Many businesses will attempt to ride out the storm with fewer people until there's a light at the end of the tunnel.
I think the first stimulus wasn't big enough in some areas, mainly light rail. I think a second stimulus would be a good idea if the majority of it went to things like light rail, infrastructure and renewable energy. However, I would be against borrowing any more money for a second stimulus. We must find a way to pay for the stimulus through cutting wasteful government spending and increasing taxes. I'd start by ending the war in Iraq much quicker and drawing up a plan to end the war in Afghanistan as well. I think that marijuana should be legalized and tax, which would save state governments and the ferderal government loads of money in incarceration costs as well as boosting tax revenue. I also think that the government should tax derivative transactions.
We must find a way to pay for the stimulus through cutting wasteful government spending and increasing taxes.
Lol! A lot of us think that the stimulus was some of the greatest wasteful government spending in history.
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), people were already complaining about the effectiveness of the stimulus before that time.
