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Stuff in the stimulus bill


westvirginia
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why try and get a project done for the amount originally budgeted when you can hire twice as many people and spend borrow three times as much money to do the same job? don't you understand stimulating the economy?

I'm beginning to understand quite clearly. :D

 

No, it's not a surprise. I naturally hoped that something as serious as the ailing economy would break the "business as usual" mode in Washington. Silly me. :wacko:

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Oh noooo!!!!

 

WASHINGTON – President Barack Obama warned on Thursday that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.

 

http://news.yahoo.com/s/ap/20090205/ap_on_...ss_stimulus_126

 

Uhm... does anyone actually believe this?

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Uhm... does anyone actually believe this?

 

I don't doubt we're facing a serious problem. I am very doubtful that stimulus packages like the one the House passed and the one the Senate is mulling over will do squat to change the economic tide.

 

I fear the "we'll, that didn't work, let's try a bigger one" argument that is surely coming.

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I'm actually optimistic. Once this stimulus gets shredded by the Republicans in the house, they should mesh it out to where it should become a pretty good "best of both worlds" document. I think they are still trying to find a common ground between trickle-down and socialism.

 

The one thing we do know here is that something needs to be done. Even though I am traditionally liberal, I don't see major tax cuts to the poor as a tool that will ultimately change tons of things going forward. We can't sit and do nothing though. We need action quickly, but more than ever, that action has to be the correct one. Again, I am optomistic that the revised plan that comes out of the wash has a chance to both help people get back to work, and hopefully will also put some money back in the hands of the investors. IMO both liberals and conservatives need to stop bitching, get optimistic, and lets get this thing fixed!

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I've heard a figure that for every dollar of tax cuts, it equates to $3.5 towards GDP growth. If that is indeed the case, go for some tax cuts which will IMMEDIATELY be felt in everyone's paychecks. You know, instead of buying new furniture and stuff for gov't agencies.

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Take the home weatherization program. On CNN Obama argued that this $6 billion program was nonnegotiable because: "First of all, you can employ people weatherizing those homes."

 

But Obama announced plans to weatherize a million homes a year last summer. Except back then it was touted as part of a plan to create a "clean energy future" — not as a jobs program.

 

How about investment in health information technology? In his Blueprint for Change, issued in August, Obama vowed to "Make an upfront investment of $50 billion in electronic health information technology systems to reduce errors, and save lives and money."

 

So why is this now a nonnegotiable part of a stimulus package?

 

Ditto the $1 billion in "Comparative Effectiveness Research" in the stimulus bill. Last year, Obama called that "a comprehensive effort to tackle health care disparities" to cut health care costs.

 

Lies, Lies and more lies.

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Jobs, huh? The census is already a budgeted process. Why would we suddenly need an extra billion and more people to do it? This is idiocy at its finest.

 

http://usgovinfo.about.com/b/2008/04/07/ce...-more-money.htm

 

According to that they will hire about 750,000 people. Let's say they make $8/hr to do this. The total to pay all of those workers for 1 hour of work would be $5,760,000.

 

That's going to be pretty fun to figure out how much the total wages would be since they seem to be working from March to June.

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http://usgovinfo.about.com/b/2008/04/07/ce...-more-money.htm

 

According to that they will hire about 750,000 people. Let's say they make $8/hr to do this. The total to pay all of those workers for 1 hour of work would be $5,760,000.

 

That's going to be pretty fun to figure out how much the total wages would be since they seem to be working from March to June.

 

So the $1 billion slated for the CB wll support 750,000 jobs that will only last a couple of months? I knew this was a short-sighted bill, but that's silly.

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Jobs, huh? The census is already a budgeted process. Why would we suddenly need an extra billion and more people to do it? This is idiocy at its finest.

 

Dude, you're arguing with watertard - idiocy should be expected.

 

So the $1 billion slated for the CB wll support 750,000 jobs that will only last a couple of months? I knew this was a short-sighted bill, but that's silly.

 

+1.

 

Just for the record, does anyone think that the cencus WON'T be funded fully if it isn't in this bill? I rest my case - it's extra PORK!

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