Stimulus Package: Voice your views on The American Recovery And Reinvestment Act

The author of this article has chosen to make this article available with free reprint rights.
Click here to copy this article.

►Reprint Rights◄

Log in to become a member of Mark Fleagle's Fan Club!

Comments on this article: (2 total)

» left by Anonymous (193 days 23 hours ago.)

Mark, I've voiced it all and now reiterate in the Boob of Bob's. Best wishes oh and yes follow the money and all answers provided

Respond to this comment

» left by Jeff Brown ^(9,626)
Jeff Brown (192 days 23 hours ago.)

Mark,

 

It's a bill in its support that is strictly dictated by party line. All Republicans voted "no" Democrats with the exception of a few voted "Yes." Democrats want to spend; Republicans want to cut taxes and spending. But the effects have somewhat backfired for the Dems with the biggest losers being states and low income workers with major gains made for the elderly and high income tax-payers.

 

But this is nothing new or surprising. The only reason it passed is because of the Dems being in the majority not that it's a solid idea. Personally, I worked in the private sector as a wolf among sheep in academia for years. Time and again, I saw teachers putting up their hands for a handout while conservatives went out and earned their handouts. I saw that I couldn't make my way and that there are great inherent problems in secondary and post-secondary eduction, so much so that I  took capital risk to begin a business to make amends.

Reps desire to feed or fix the economy by allowing business to thrive so it can create more jobs and housing, while the Dems desire to fix things by spending or, in actuality, borrowing.

 

Economists opposing Obama state that "More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s... To improve the economy, policymakers should focus on reforms that remove impediments to work [job creation], savings, investment [business creation], and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth" By doing so, this type of stimulus does not create debt but income flow.

 

I only hope that our economy will begin to thrive built upon the policies these economists describe; otherwise, there is going to be an awful lot of debt to be paid back over a great number of years. We can only pray at this point. Thanks for the article to raise awareness.

Respond to this comment