Stimulus Part 2 01/29/2009
 

by: Thomas Craig

So much for President Obama's bipartisan change.  In all fairness, he did show goodwill and met with the GOP to here there concerns.  I even think he honestly took into consideration many of the ideas on the Right.  Pelosi and the Democratic majority has undermined the President's gesture by practically shutting out the Republican input into this stimulus bill.  Republicans on the other hand have taken a huge gamble here by unanimously rejecting it.  They do have good cause to be skeptical though.  As we have seen with Hoover, Roosevelt, Japan, and our recent stimulus in 2008, this is historically bound to not work.  After all, the definition of insanity is to repeat the same thing over and over again and expect a different result.  But hey, I'm truly hoping that we are wrong and this does work.  My Country still comes before my Party. 

The scary truth though, and nobody wants to admit it- especially in Washington, is that NOBODY knows if this will work or not.  We are going to spend over $1.1 TRILLION dollars on this (when interest is added in) and nobody can say if this will actually work.  It seems to me that with a gamble that large, they would have taken some extra time to truly go through this bill and take out anything that does not immediately create jobs.  If this fails, I won't be looking forward to explaing to my grandchildren why they must pay 80% of their income to taxes because we messed up big in my day and figured we should throw good money after bad.  As much as the Left is bashing the Conservative call for more tax cuts, it seems to make more sense to give money to the businesses which create and maintain jobs than to give it to someone who doesn't even pay income taxes.  I don't mean to sound harsh, but the person who makes so little he/she doesn't have to pay federal income tax would be much better helped by being given or keeping a job.  In order to do this, companies need to be able to afford to keep employees.  Of course, this here is one of the fundamental differences between the Left and the Right and the backwards thinking of the Democrats is what buys them votes.  They know as well as we do how jobs are created.  What happens if this stimulus fails?  I would say we won't have the money to spend on anything if that happens but hey, we don't have the money for this NOW!  That won't stop the Democrats from promising away the money of our future generations.


 


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