Foreseeing that a check ranging from $300 to $1,200 ain’t gonna do enough to turn around the US economy, a slew of Democrats are calling for another stimulus package.
“President” Bush has already rejected that idea, saying; “And thirdly, I, you know, I think we ought to, in terms of pro-growth packages, I think we ought to, again I repeat, give this one a chance to kick in. The experts tell me that this pro-growth package is going to add some — you know, a percent, percent-and-a-half to the economy here in the latter part of this year.”
(Won’t it be nice to eventually have someone in the Oval Office that can speak in complete sentences?)
My first question is what experts is he citing? His own? Because almost every other economist says the stimulus package isn’t going to do enough in putting this country back on the right track.
And speaking personally, the check I will be getting will not even come close to covering the increased price of food, gasoline, utilities, and medical care since Bush took office.
Increasing unemployment insurance and putting together a public works spending package – as suggested by House Speaker Pelosi – or expanding and repairing the “deteriorating infrastructure needs of our country” as Sen. Dodd wants could help a LOT more people in a LOT more ways than the current package will
Too bad the American public doesn’t have access to Bush-licensed rose-colored glasses, because a recent Zogby poll shows a scarce 28% “believe the government’s economic stimulus rebate plan will help”, and they’re right, because the majority of people will probably do what my wife and I plan to do; save their check or pay down debt and NOT put in back into the economy.
Where’s your economic messiah then Dubya?
Tuesday, April 08, 2008
$600 doesn't go as far as it used to
Posted by Kemp at Tuesday, April 08, 2008
Labels: "President" Bush, duhhhh, econmic recovery package, it's a recession stupid, recession, stimulus package, US Economy
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