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Spending vs. Tax Breaks? Confusion!

Okay, I'm trying to understand this stimulus bill that has been approved. I found this chart on one of our local new sites (this particular news station, believe it or not, has been in total support and upholding Obama in everything). Here's the link: http://www.newsnet5.com/interactivemedia/18702558/detail.html.

My question here is, why is there a higher percentage allotted for government spending than there is for tax breaks for the people? How does this spending create jobs? How can we spend money we don't have and if we're given tax breaks, where is the money to pay for spending? I can't believe $13.00 extra in pay can stimulate the economy. Why not give more in tax breaks than spending? Doesn't make much sense to me!

Answer Question
 
TeensMom07

Asked by TeensMom07 at 9:05 AM on Feb. 14, 2009 in Politics & Current Events

Level 15 (2,164 Credits)
Answers (38)
  • Because Washington WANTS new furniture.

    tyme4me2day

    Answer by tyme4me2day at 9:10 AM on Feb. 14, 2009

  • Because the stimulus plan was never really meant to help the American people! It was promoted as such, but it was really a way for Democrats to take care of their special interest groups, and the companies THEY invest in!

    You're right, the money SHOULD have gone to the American people and businesses in the form of tax breaks--that's what an EXPERIENCED politician would have done!

    AND, the kicker is DEMOCRATS think this is a 'good start!" Translation....in about 6 months, they'll be looking for ANOTHER stimulus package!!!

    You know that the auto-maker bailout was only expected to hold the "big 3" over until MARCH!!!! What happens then?

    Calling all Obama supporters, what say you now?!?!??
    LoriKeet

    Answer by LoriKeet at 9:13 AM on Feb. 14, 2009

  • Thank you for the link. I was looking for a place with a good break down of the total bill. It looks like a pretty sorry stimulus. IMO
    Looks like once again, our politicians have out done themselves and put us in the hole even deeper for something that will probably not work.
    NewMommyin06

    Answer by NewMommyin06 at 9:16 AM on Feb. 14, 2009

  • it won't create new jobs. It's just fun for the dems at this point.

    We're in a hand basket. Can you guess the destination?
    christaberk

    Answer by christaberk at 9:23 AM on Feb. 14, 2009

  • You Dems put Dum Dum in office and now who's the sucker????
    tyme4me2day

    Answer by tyme4me2day at 9:31 AM on Feb. 14, 2009

  • NewMommyin06: Not all OUR Politicians. Democratic Liberal Leftist Leaning Loon Politicians who are only in it for themselves and NOT the American People. Republican Lawmakers didn't agree with it. Didn't agree with not getting to read it, didn't agree with all the pending without proportional job creation.  3 repubs If the Liberal Loon Lawmakers cared about the American People, they would have lowered Corporate Tax and Payroll Taxes to give the 92-93% of us who are WORKING a break. A break BIGGER than $13.00/week. They would encourage companies like Dell who are still building in places like Poland, to come BACK to the US and build here by offering them all sorts of tax breaks and payroll cuts.  But nope.  Liberal Loon Politicians need money for the likes of non profit Arts groups, Acorn, and Marshland research.

    grlygrlz2

    Answer by grlygrlz2 at 9:33 AM on Feb. 14, 2009

  • This bill was touted as a stimulus bill, but really it's just a government growth bill. Anyone listening and reading to where the money was going would have known that. Unfortunately, many people depend on the MSM to give them their information, unadulterated, and we all know that hasn't happened in quite some time.


    So, has anyone else seen Wag the Dog?

    QuinnMae

    Answer by QuinnMae at 10:40 AM on Feb. 14, 2009

  • Our government has made it more beneficial to outsource and to build their companies in other countries. That's the way we make deals with other countries. We also make it beneficial for foreigners to come into this country and buy business, rather than give our own citizens the best benefit for owning.

    The "spending" part of this package, is meant to be paybacks, in my opinion. And I'm sure all this long list of piggy do-do might be things that local and state wide governments need, BUT this isn't the train to ride to get it done. That's why this is sooo much of a back scratcher and a "thank you" for puttin' us in office bill.

    The facts about Japan going about reviving their economy this way is proven that it won't work. Its another government sham. A good hefty tax break would help put money into the economy across the board evenly and by next week!
    lifeasinoit

    Answer by lifeasinoit at 10:52 AM on Feb. 14, 2009

  • Well welcome to the BIG BROTHER PROJECT!.. be prepared to loose your freedom to the government!
    xxhazeldovexx

    Answer by xxhazeldovexx at 11:37 AM on Feb. 14, 2009

  • our city laid of thousands of workers from CITY positions. but they have passed a previous budget that will allow for over 1.5 million dollars to be spend in redoing the offices on just ONE floor. now this budget included the city positions they laid off. the city is going to hire contractors, plumbers, electricians, etc. to do this.. well when the job is finished, all those people will again be with out jobs. oh, wait.. all the companies they have hired know people in the city gov and got the contract bids so there are no new people being hired. true the companies may hire temp help to get the work done, but still once it is done they are now unemployed again.... give tax breaks to these companies and maybe those temps could actually get health care, maybe they could continue to work because now others have more money to spend on fixing up their houses etc.... so i am totally there with you.
    ArmyWifeMomof3

    Answer by ArmyWifeMomof3 at 11:58 AM on Feb. 14, 2009

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