Tuesday, February 10, 2009

The Stimulus Bill

For so many reasons this Stimulus bill is ridiculous. Passing it is a huge mistake, and many people, that are so blinded by the President and his charm, will not realize it for 2 more years. The reason is because that is when all of this money proposed to be given to all the amazingly dumb things it will be used for, such as an amazing amount for over the top building repairs that could be put on hold for now. Not only that but 2 years from now we will have pulled ourselves out of this recession and picked back up on our feet, only to have all this money finally be handed out causing an amazing amount of inflation, great idea. And many have read in multiple newspapers how the Milwaukee school district is about to get 90 million dollars, and for what to close more school buildings, and fire more teachers. I am not against providing money for education, I shouldn't be I want to become a teacher, but 90 million for a school district in shambles and with no future plans?
This was not supposed to ramble on about education, but more the medical end of the stimulus bill, which is so long that nobody really recognizes all the provisions that are contained in it. Throughout the article so many things need to be thought about again. All with doctors all giving same health care based on certain guidelines, and possibly fearing going overboard, nobody will benefit. Also giving more money to hospitals than to soldiers fighting a war to keep this country safe and free, as well as other countries safe and free. So many things about this bill just don't add up, if President Obama thinks not passing could lead to disaster wait till we see the disaster that could come from passing it as is. If the parties want to come together they need to come together and make changes to the stimulus plan. http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_mccaughey&sid=aLzfDxfbwhzs

3 comments:

  1. This stimulus bill is a tough issue. It is so large (over 700 pages) that I can't claim to know enough about it to give an educated opinion on whether I think it will work or not. My main concern is in creating jobs and getting people balanced out again. If there are provisions in there that aren't geared towards helping the economy now, than I agree, they shouldn't be in there.
    The issue on health care is one I know nothing about and if what is stated in the article you posted is true, I'm totally against it. However, it is the opinion of one person and I'm not about to read the whole stimulus bill, hopefully our lawmakers will be informed and make decisions that promote growth in our healthcare system and not make it an overly governmentally regulated operation.

    I was slightly encouraged that they did cut about 100 billion dollars from the bill by removing some unnecessary items...

    http://www.nytimes.com/2009/02/06/us/politics/06stimulus.html?_r=1&th&emc=th

    ...the bill end up being passed in the senate at $838 billion - not that is a good number. Like I said, way to huge for me grasp.

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  2. Remember to include some references to parties. On this issue, there is plenty to talk about.

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  3. So I agree w/ you in being against THIS stimulus bill, but you note that 2 years from now we'll have pulled ourselves out of this recession...how do we do that w/o a stimulus bill?! Do we simply let the markets regulate themselves? I'm all for capitalism and free enterprise, but over the last 6 years when the market was good, there was no oversight (most notably by the House & Senate Finance Committee leaders Frank & Dodd) and that's why we are in this mess, because the government let the markets do w/e they wanted. Some type of stimulus is needed -- something that will encourage spending and create jobs.

    In this version of the bill there is a $7500 tax credit for first time home buyers -- something like this is a good idea. It gives great incentive to first time home buyers like myself hopefully in a year or two who may be wearing of purchasing a home incentive.

    As for the medical part, I've talked to a few people working in hospitals lately regarding this and right now, hospitals across the board are slashing jobs, and there are a lot of middle class people putting off surgeries because of the fear of financial strain. The only plus side is that they are seeing a spike in those on BadgerCare plans having procedures done. Something needs to be done to not only get these doctors their jobs back, but get the paying patients BACK into the hospital.

    While I don't feel this is THE end all bill that will get the market back on track, I can still hope it is!

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