Thread: What do you think of the fact that Obama passed a $800 Billion $$$ "stimulis" bill that will not stimulate?

Two choices - do something and hope it works or take the GOP lead and do nothing and hope things get better on their own......... Our current prez is at least trying to help. Hopefully when all the GOP currently in office get voted out, things will be better.

It's your opinion that money which will put other people to work is "pork". People have real needs which are unmet. For you to want other people to suffer and die is reprehensible. Thank goodness you are not in charge of our future. The quote is clearly wrong, as no NY Post author would have spelled stimulus that way. It isn't even pronounced that way.

Another Obama revelation goes by the wayside.

You can't create wealth out of nothing. The bill will severely delude the value of our money and inflation and prices will skyrocket. We are creating new money to support an ever-expanding government. It won't/can't continue forever.

NY Post is a Neocon's mouthpiece and what they want is tax cuts for corporations and wealthy WHICH NEVER WORKS!!!Bush's 2001 tax cuts: "the weakest employment growth in decades.":2003: resulting in job creation that was "well below historical averages."only 2.6 million more jobs than in June 2003 created rather than the HYPED 5.5 million new jobs:http://www.americanprogress.org/issues/2006/11/job_subsidy.htmlThe average annual employment growth was 2.5 percent after 1993 and just 0.6 percent after 2001.http://www.americanprogress.org/issues/2008/09/supply_side.htmlAs has been extensively documented, the most effective way to close the GDP gap and lay a foundation for long run growth is by getting money into the hands of people who are most likely to spend it (struggling families), helping to shore up state budgets to prevent service cuts and property tax hikes, and through direct investment by the federal government. What we don’t need is simply more tax cuts for corporations and the wealthy.http://www.cbo.gov/ftpdocs/89xx/doc8932/1-22-TestimonyEconStimulus.htmhttp://budget.senate.gov/democratic/testimony/2008/Zandi1119081.pdfhttp://krugman.blogs.nytimes.com/2009/01/07/more-stimulus-notes/http://wonkroom.thinkprogress.org/wp-content/uploads/2009/01/heritage-jobs-per-10-billion.gif

Bush's stimulus package didn't help either.But at least the money in Obama's plan will be spent in the USA , so it might help some Americans.

Obama has not passed a bill. I wish people on both sides would stop putting this on the President. I don't like the messiah, but our system of government is such that it is Congress that passes bills. The President only has the power to sign or veto them. This is Obama's bill, that much is certain. It contains payback to every organization and special interest that supported him. Just don't say "he passed it."

Politicians seem to have something else in mind rather than making smart educated choices. I think that Obama is only looking to raise his approval rating for the start of his presidency so that in four years he gets re-elected. Lets wait and see what really happens in the next few months as long as we keep blocking these silly packages.

He told you he would spread the wealth. So why are you surprised by this? It will create new jobs for the expanded government and the new socialized medicine we now have. Again why are you surprised?You are getting the change you wanted. Enjoy the down hill ride with no brakes.

This is from the Wall Street Journal:The Congressional Budget Office says only 25% of the money will even go out in the first year. This newspaper, in its analysis, argues that only 12 cents of every dollar is for something that could plausibly be called stimulus.LOL thumbing down an article from the #1 paper on financial matters is rich, isn't it? WSJ reporters ARE experts, and if they are criticizing it, you know it deserves to be criticized.