I’ve been following this great spending, I mean, stimulus bill and waiting to see how it could possible help out the majority of people in trouble. I’ve also been reading other people’s blogs, facebook and MySpace to see what people, in general, are saying about it. I don’t know what planet the legislature is living on (oh, yeah, planet Washington D.C., where the congress and senate forget who put them in those positions- it must be a Dr. Who mind-erasing thing when they take office).
To me, under-funding the small business sector is one of the biggest mistakes being made with this pillaging of the American bank account. I think it is perfectly ridiculous to say that building roads and bridges (if I hear this one more time I’ll scream, I swear) is going to save us. Just how many jobs, in reality, will be created by this? And even if the jobs come to your area, not everyone is physically able to work on a construction crew. What about all of those out of work construction workers? Won’t they be the first to be hired, not someone with an MBA?
In my opinion, a better strategy would have been some forgiveness on mortgages and student loans, just for starters. After all, the government now owns many of those mortgages after the TARP spending bill. Wouldn’t that have taken the heat off people struggling to get by and on the verge of losing their homes? How about all of those government student loans and the relentless collection calls being made to those unemployed people’s homes. (Pay your loan now or we’ll, let’s see, file a tax lien against your home, any future tax return and everything you own). Instead, let’s fill people’s head with false hopes about landing a construction job.
Frankly, I’m disappointed in this stimulus bill. It smacks of a payoff to democrats who backed the president during his campaign and it is being touted to the public as a do-this-or-die measure. I’m sorry, but the days of Roosevelt and Lincoln are over. You can’t recreate the wheel and resurrect programs from the past whose days have already come and gone. We’re pouring money down a rat hole.
Obama needs to focus on relieving the stress on American families this month, instead of 6-12 months in the future. There’s no telling how many people will fall into the depths of despair and do something horrible, before anything from this stimulus bill will take effect.
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