Posted on 01/26/2009 5:47:37 PM PST by blueyon
The economy is in a crisis not seen since the Great Depression. Credit is frozen, consumer purchasing power is in decline, in the last four months the country has lost 2 million jobs and we are expected to lose another 3 to 5 million in the next year. Conservative economist Mark Zandi was blunt: “the economy is shutting down.” In the next two weeks, the Congress will be considering the American Recovery and Reinvestment Bill of 2009. This package is the first crucial step in a concerted effort to create and save 3 to 4 million jobs, jumpstart our economy, and begin the process of transforming it for the 21st century with $275 billion in economic recovery tax cuts and $550 billion in thoughtful and carefully targeted priority investments with unprecedented accountability measures built in.
(Excerpt) Read more at appropriations.house.gov ...
http://biz.yahoo.com/ap/090126/na_us_economy.html?.v=1
I being the optimist that I am tried very hard to look for something good in the bill and I am happy to report I found 2 things (not 1 but 2) that I agreed with.
1) unemployment checks should be tax exempt
2) Prevents Governor Blagojevich from directing the use of funds provided in the package.
Happy reading and call congress with your opinion!
no wonder there’s *ahem* no more pork appropriations. It’s all in this bill.
So BOHECA to the American taxpayer. Nothing new...
So BOHICA to the American taxpayer. Nothing new...
First you say you will, and then you say you won't. Then you say you do and then you say you don't.
There's a song title in this someplace.
Yes there is, it would meld nicely with your tag line to! lol
•Clean, Efficient, American Energy
Political and NOT economy saving promotion.
•Transforming our Economy with Science and Technology
Political and NOT economy saving promotion.
•Modernizing Roads, Bridges, Transit and Waterways
Political and NOT economy saving promotion.
•Education for the 21st Century
Political and NOT economy saving promotion.
•Tax Cuts to Make Work Pay and Create Jobs
Political and NOT economy saving promotion.
•Lowering Healthcare Costs
Political and NOT economy saving promotion.
•Helping Workers Hurt by the Economy
Political and NOT economy saving promotion.
•Saving Public Sector Jobs and Protect Vital Services
Political and NOT economy saving promotion.
Maintaining President Bush's tax cuts and focusing on making them bigger.
A definite start toward economic recovery.
I have just quickly skimmed over this thing but so far it looks like it would be just as helpful to ask every American male go outside and wee into the wind.
Waterways! What more no wake zones and save the Manatee signs that is all these Idiots Know!! Business is slow as it is.
Everyone opposed to the stimulus plan might wish to look at the Economicy Recovery Act, an alternative offered by the Republican Study Committee.
http://rsc.price.house.gov/initiatives/econrecovery2009.htm
16 billion to repair public housing
Interesting that Davis-Bacon is required as “[an]other important policy provision,” the so-called “prevailing wage.” We can determine that all the mandates included in the act will cost more and take longer than without Davis-Bacon.
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