“Stimulus” Bill Finalized

 

Late last week, on Friday the 13th of February, both houses of the United States Legislature gave their stamps of approval to a “stimulus” package which is intended to jump start the United States economy by creating jobs, and developing the country’s infrastructure.  It bears a price tag of $787,000,000,000.00 and is the largest government intervention into the economy that the world has likely ever seen.

I find myself skeptical at this point as to whether or not this “stimulus” package will do what it is heralded to do.  I find the constant propaganda (that’s oozing out of nearly every media outlet) touting this plan as a necessary step in “healing” our “broken” economy quite disturbing.  Perhaps most frustrating though, is the fashion in which the stimulus bill was quickly forced through the Legislative and Executive branches of our country’s government because there was “no time to waste.”  I’m sorry, but didn’t somebody say months ago when the banks were “bailed out” that there was “no time to waste?”  Well Congress acted quickly then, and since bailing out various bloated financial institutions of the United States, our economy has actually gotten worse, and banks are lending less than they were before they received billions of dollars of average Joe’s (and generations of his descendants) money.

Back to the original topic though:  The most recent stimulus package.  In my opinion, the democratic party used their new found majority in both houses of legislature and widespread public panic about the economy to force their own agendas into action… much in the same way that the Bush administration used widespread panic to push their own agendas following September 11th.  How exactly has anything “changed” with a new administration with new people in power?

Obama took a shot at republicans recently in an interesting quote regarding the stimulus package:

“We can’t expect relief from the tired old theories that, in eight short years, doubled the national debt, threw our economy into a tailspin, and led us into this mess in the first place.”

I’d just like to point out that current estimated costs of the war in Iraq is roughly $597 billion.  So America has spent $190 billion less over the course of several years at war than Obama has spent within his first MONTH of being in office.  Apparently, when Obama made the above statement, he was implying that we need to increase our national debt at a much faster pace than the previous administration was able to do.

With talk of car companies preparing to ask for more help, and democrats  saying that our current stimulus bill “may not be enough,” I find myself wondering… just when will the spending end?  Our government currently reminds me of a teenager who has somehow gotten their hands on a credit card without a limit.  Just like the teenager, our politicians don’t yet seem to fully understand the negative aspects of spending as much as they possibly can.

As one final note… Is anyone else concerned that this bill passed without a single Republican in the House of Representatives voting for it?  How disturbing is it that one group of people motivated by greed and lust for power has absolute control over what direction our country progresses in?  I don’t care what side of the aisle you may align yourselves with; nobody that follows politics (even casually) should be comfortable with any single political party having the sort of unbridled power that the democrats currently have.

I will be waiting to see if this stimulus package will make everything better (as many seem to suggest it will do), but I won’t hold my breath while I wait…

Related Articles (well worth the read):

Advertisements

One Response to ““Stimulus” Bill Finalized”

  1. Interesting blog, I’ll try and spread the word.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: