So what do you think about the stimulus package?
First let me start out by saying I am neither a Republican nor a Democrat, I was listed as independent, but now they show me as non-affiliated. I do hate the way they play with words. I tend to be very central, neutral, maybe even a bit of fence sitter, on most issues. When it comes to economic issues I tend to fall to the right.
I think that the democratic leadership has taken the first steps towards dropping us down a deep spiraling hole. Quite an awesome task considering the hole this country was already in. Don't even get me started on Speaker Pelosi. It is my opinion that the democratically run congress contributed far more to the dyer economic state we are in than the previous president did. But that is a post for another day the question at hand is the "Stimulus Package".
I am not a fan a Big Government and this plan will add more volume & girth to the monster. I believe the less the Government is involved in the better. I do understand, and agree, that something had to be done. Extreme measures needed to be taken, and it still may not help. A Stimulus package was needed but this is not the right one. I disagree with the idea that putting something out there is better than doing nothing. I think the President should have pushed back a bit more, and eliminated some of the crap that was added to this package. I understand there are over 8000 pork barrel items in this thing. Every Senator and Congressman trying to get their little pet project paid for. Most of these items adding nothing of value, and will not contribute to the turn around of this economy. This was not the time or the place to pay for some of these things.
More needed to be done to put people back to work this year. They still have not resolved the housing problem. More attention from this package needed to go to solving those issues. This plan does offer some tax relief, but not nearly enough. The Republicans were right to try to push for more tax breaks. It's been proven over and over again that keeping the money in the hands of the tax payer is the best way to move the economy forward.
I hope I am wrong. I myself am in a position that can be hurt if we do not turn this economy around this year. I will spend a little time getting more informed about the Stimulus Package itself, and Re-Post a more articulate response to this question.
For now, This is What Mack Thinks.