Another stimulus bill on the way, do you agree?
ByApparently the White House is licking its wounds and admitting the stimulus 101 wasnt enough or flat out hasnt done anything to help the ailing economy. At the time…. the President was trying to avoid going over an unemployment rate of 8%..we are now pushing towards 10%. All we here out of the Whiter House now is Cap and Trade and Health Care Spending… both bills could cause serious damage to the Nations Economy… via drastic inflation.
When Stimulus 101 came out, I knew there was too much fluff ..like 70% of it…, short term feel good crap, and not enough hard core long term shovel ready infrastructure spending…only 20 to 25%. Infrastructure spending renews the nations roads, bridges, water plants, power grid, schools, build some new refineries, nuke power plants … The President should have gone 75% infrastructure. Infrastructure puts people to work and spurs private expansion “via” Govt Contracts. We have too many Idle workers out there wasting their talents …. they could be put to work by rebuilding America…
America’s Infrastructure scores failing grades across the board.. see ASCE
http://www.asce.org/reportcard/index.cfm?reaction=full&page=6
With so many out of work…this can be changed.
The only place we should be spending is on Infrastructure …it is a matter of National Security.
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4 Comments
September 26th, 2010 at 7:19 am
Actually, the unemployment rate is more like 12% now, and climbing.
Since the first stimulus plan worked so well, I guess the idiots thought we needed another.
September 29th, 2010 at 6:52 am
Obama believes the stimulus plan is something that will increase his popularity in the polls,not improve the economy. What does his stimulus czar say about all of this?
October 2nd, 2010 at 9:11 am
the cap and trade does have its positives to it it will get us off of the arab oil and why buy oil from people who hate us?
October 2nd, 2010 at 10:58 pm
The advisers are calling for more porkulous spending:
Obama Adviser Says U.S. Should Mull Second Stimulus
Most will go to unions, like when they tried to give stock in car companies to unions while destroying bond holders equity.
It won’t work! It only proves that Rahm is No. 1 political Mob Boss and makes the decisions.