It's not a secret, the U.S. economy is floundering. This was a major talking point throughout the presidential campaign and President Obama has tried to act quickly in passing a stimulus bill. The only problem is: the bill that is being considered isn't a stimulus bill at all; it is a pork-barrel spending bill aimed at giving special interests more money and running up the debt our nation is already in. The American people want action and the economy stimulated, but we aren't stupid. Just because legislation is proposed doesn't mean that it is the correct legislation.
A recent Gallup poll showed that a majority of Americans reject or want significant changes to the proposed legislation. Click here to read more. Now, I do recognize that most of what is in the current bill are "good" items. However, money to help renovate the national mall doesn't stimulate the economy. Money for STD research and prevention doesn't stimulate the economy. Call me old fashioned, but I know the best STD research and prevention: abstinence.
Listen, I know we need to act quickly and, as an American, I want President Obama to be successful. But, acting quickly is no substitute for acting smart.
And what about the fact that the current bill won't even send a jolt through the system? $900+ billion is a very large sum of money. But the Congressional Budget Office is reporting that only about 16% of that money will be spent in two years. Please, slow down!
With the understanding that the bill the House passed isn't exactly what the American people had in mind, a compromise should be reached by both parties and, working in an intelligent manner, the American family and worker will once again gain confidence.
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Ok, so by my figures, (really Kelli's), that equals out to $3,000 per person in the United States. However, minus those who are not here legally, (that takes quite a bite out of the budget), those who are under 18, (because if you are not old enough to vote how can you be old enough to deserve a stimulus?), those who are in Jail, (they can't stimulate the economy from Jail) and those who owe federal taxes, (however they might be very good at stimulating the economy), I figure everyone left over should at least get $1 million each. Believe me when I say I would definately stimulate the economy if I had that kind of money.
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