:rofl: :clap:


Ya know, I know enough Spanish to get me in trouble. :lol: if I didn't live 1000 miles from the Rio Grande, I'd probably try that, but I live about 15 miles south of the Red River;so I guess, I better not try it. :lol:

 

I simplly have very little faith in this package because it's obvious that it follows suggestions from "economic experts" as to where the money is most needed, followed closely behind by the "pet projects". And, those same experts, in listening to what they say about the economy, don't have a handle on it either. They have come up with a whole lot of inaccurate information, and unwarranted assumptions. They tell us that we have to start spending more money, but they don't tell us where to get the money to spend. That's been the problem that has been building for the last 25 years. Yes, it did start well before Bush took office. And, he couldn't stop it because he was listening to the same grade of economic experts.

Keep pulling at the leaves of the problem, because the roots are out of reach... We may have to actually bend down to grab them.

 

I'm just curious. $13.00 per week. Starting in June. Do you all really think you're going to get that?

How about some of the other benifits from this bill... was there anything that we would get that DIDN'T require Americans to either buy a new house, or a new car? Seriously?

Is anyone going to be saved from the banks from foreclosing on their homes, without the owners having to file a bunch of paperwork that looks incredibly like bankruptcy?

Maybe I missed the part where this will increase jobs....someone care to show me where that part was?

Now I'm not alone in questioning the usefulness of this bill. Most of America are also doing so. And with that, they just don't believe that this bill will help them. In fact, they have a tighter grip on what money they have, fearing the worse is yet to come.

Am I wrong to assume that with Americans holding on to their money, the economy will continue to get worse?

I think it will...and maybe it should. It took several years to get us here, long before Bush or Clinton, when Americans simply stopped buying American products.

And, quite frankly, it's not going away as long as product from other countries are continuing to be bought here, supporting non-American companies...and American companies who have chosen to have their products mainly built overseas and in Mexico are also part of the problem.

But I do see the light in the end of the tunnel. You see, the rich only remain rich when the poor can buy their product. As long as we hang on to our money, the rich get a little poorer, every day...just a little bit at a time.

Funny how the poor are not affected as much as the rich...wouldn't you agree?

I mean, when you're poor, how much more will you lose?

 

Oh, yeah...
The New Stimulus Package is turning things around...

As of yesterday, another 16 banks have failed since January 1st.
I know of at least 3 more businesses that got boarded up in the last three weeks.

Ok. The package has not cleared all the red tape yet.

Still think I'm going to retire. Looks like my safest bet to try to maintain an income.
Somehow, I see the "Package" as coming up a bit short of it's goals.
And, how are we supposed to come up with the money to spend?
Rob a bank? They don't have any money either, or they would not be failing.
Give the man a chance? Bush had 8 years? I'm afraid it's going to take more than that. First of all, the "man" has to have a handle on it. (He doesn't yet) And, Neither one of the "Bush"s" started us into this. Their only downfall was that neither one stopped it. And, I'm afraid this guy doesn't know how to do that either. Hope I'm wrong, but I doubt it.

 

Much of the funding from this legislation will go to the states and down to the locals. This is where the infrastructure and investing will be determined. This legislation differs from the prior "stimulus" because it isn't just funds going to the tax payers. To look at it solely as what will be in "my" pocket very soon, as was the prior "stimulus", would be missing the major emphasis of the legislation.

 

Josborn said:

Yes, and it ain't much. But, it's a carton of cigs for SOME, or enough steak or hamburger for at LEAST one good meal a week. That's not much, but it's a start to making people feel a little less "stressed" in their weekly budget. The previous plan gave us each a "big" check all at once, and studies show that nearly ALL of it was either put in savings OR paid down on credit card debt. NEITHER of which stimulated the economy at all.

One reason this amount is so small is that MORE of the package is dedicated to job creation and extended U.I benefits. For a family that is about to lose ALL U.I. benefits, an extension gives them more money to spend in the economy while continuing to look for a job.

Yes. There was a subsidy to help newly unemployed workers keep (and pay for) their health insurance under COBRA. Health costs for the unemployed and uninsured is the LEADING cause of bankruptcies at this time.

There were huge increases in Pell grants and other education assistance that will keep MILLIONS of young people in college where otherwise they'd have to drop out and take YOUR job) because they or their parents could no longer afford their education.

Nearly 2/3rds of the bill is dedicated to "shovel ready" infrastructure projects that will put people to work in construction fields.

A HUGE part is dedicated to propping up state and local governments who would have to lay off firemen, police, and other employees, adding to the chaos and the unemployment ranks.

So.... you get increased or maintained levels of emergency services, more kids staying in college instead of looking for jobs, health care for middle class families who think they have to take "Johnny" to the doctor everytime he gets a runny nose, and immediate repairs to bridges and structures in your area.

If YOU don't feel the need for an extra $13/wk, there are plenty around you who DO. More importantly, what YOU don't need is going to help create jobs in your area to boost your economy. Seriously!

Yes. MANY will. The "house flippers" who've been taught by scams on T.V. will NOT be helped. Neither will the guy earning $50k/yr who bought a $350k home. But, the average worker who has been paying his mortgage, but lost his job, will be allowed to restrcuture his mortgage to keep him in his home.

Besides the shovel ready infrastructure jobs that have been WAITING for funding to start the hiring process, there will be hundreds of thousands of jobs created in upgrading our power grid and changing over the source production to wind, solar and other energy sources for a greener, cleaner and more progressive energy environment.

Unlike a single energy project like say... the Hoover Dam.... thousands of projects will be started all over the country, using LOCAL small business contractors to accomplish the work.

These contractors will rent homes, eat in restaurants and shop in stores in the communities they work in.... creating local jobs.

No, you are not wrong in your assumptions. People HOARD when times are scary. That is why so LITTLE was given to the individual. And that is why so MUCH is dedicated to programs that the GOVERNMENT can control to be sure the money is SPENT and enters the economy.

Because those imported products wre cheaper. Why? Because of bad trade policies, unequal tarrifs, and a decline in the discretionary spending in the people's budgets due to energy and interest rate increases that SOARED above the rate of inflation and employee wages.

Obama's plans will eliminate the tax CREDITS for companies that ship jobs overseas! This will force prices for American goods down on the international market, but will increase production and trade. It will also return Billions of tax dollars to OUR economy instead of foreign ones.

Actually, the effect is becoming devastating to these companies! They refuse to understand that "redistributing" some of the wealth to the BUYERS increases their sales.

NO, I don't agree. A family that must choose between formula for their child or a roof over their head suffer MUCH more than the rich who must make decisions of "grey poupon" or French's honey mustard!

IF the rich are suffering, it is because they have built their financial empires on the backs of the working class, and are now unwilling to "share" some of that wealth to keep the PEOPLE working.

 

I don't understand it, for the most part.
I just keep working. If I get any checks in the mail, fine, but I wouldn't depend on that man to give me the time.