Friday, February 27, 2009

Stimulus Package

All the stimulus packages are not going to help you. That is unless the government chooses to put those billions of dollars back in the tax payers hands instead of big banks, government pork spending, and other wasteful spending. Here is an example of where they plan to spend the stimulus that was just passed. This is an excerpt from the bill from the New York times 2/27/2009 (http://topics.nytimes.com/topics/reference/timestopics/subjects/u/united_states_economy/economic_stimulus/index.html)

Mr. Obama and his Congressional allies also sought to use the package to pursue other agenda items -- on modernizing the economy, health care and education -- while creating jobs. A total of $37 billion was proposed for high-tech items, like expanding broadband access and converting medical records to electronic form. Mr. Obama made the case that the package would help students go to college, lower energy bills and modernize schools, roads and utilities.

On health, the House bill would create a temporary new entitlement allowing workers getting unemployment checks to qualify for Medicaid, the health program for low-income people. Spouses and children could also receive benefits, no matter how much money the family has. In addition, the stimulus package would offer a hefty subsidy to help laid-off workers retain the same health plans they had from their former employers.

The plan would shower the nation’s school districts, child care centers and university campuses with $150 billion in new federal spending, a vast two-year investment that would more than double the Department of Education’s current budget. The proposed emergency expenditures on nearly every realm of education, including school renovation, special education, Head Start and grants to needy college students, would amount to the largest increase in federal aid since Washington began to spend significantly on education after World War II.

I have read over and over that the computer technology, health care and education fields are the safest jobs out there and that they wold not be effected by this economics collapse. SO, why are they spending money in these areas? You see, they stated this package will help students go to college, how does this help the economy? Also, the goverment has grants and loans available for students with financial needs. Pouring more money into it helps us all how? Exactly how does modernizing schools help our economy? If "Mr. Smith" down the road has lost his job, I don't think he really cares about modernizing schools. Electrolyzing the health care system helps us how? It all sounds good on the surface but think about how resurfacing roads is going to put food on your table.

We should be very angry at this stimulus. This is OUR money that we paid into this system with OUR taxes. We should be angry at how THEY are spending it. There is so much more in this stimulus I did not even touch upon, it would be worth your time to research this for your self. More then anything, think for your self. Do not let the media or anyone else's opinion dictate your thoughts.



3 comments:

  1. I think the money that is being spent in regards to the school systems, the health care industry, and the expansion of broadband in rural areas is more so for quality improvement that for stimulation of the economy. Improvement was one of Obama's platforms in regards to these particular fields. I agree it doesn't seem to stimulate, but it does improve areas that are in need. I know a woman who has two special needs children with sky rocketing costs for special education and therapy in the schools over the past few years, such "stimulus" granted to the educational system should prove to alleviate some of those costs for her and her family.

    Thanks for sharing this, another good read indeed.

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  2. Agreed Danny that this will help those in need, but that was not the purpose of this stimulus. I agree those changes needed to be made. But, what they were proposing to the American people was that this stimulus would help people out in these difficult times and stimulate the economy. Again it is a matter of politics, where politicians tack on their agenda to get it through on another bill. In the mean time, the average citizen is struggling to make ends meet.

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  3. It is unfortunate for a lot of people. It makes one want to put their hope and faith in something beyond this transitory system of things. Thank you for sharing.

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