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Is this correct? (stimulus question)

Okay, so from what I am understanding/reading is this stimulus is increasing state assistance and unemployment, while the actual tax paying citizens are only getting an extra $7.50 a week that will get taken from their income tax??

How the heck is this going to help our economy???

Is this information correct?? What are your feelings on it?

 
JuLiAnSmOmMy317

Asked by JuLiAnSmOmMy317 at 5:45 PM on Feb. 21, 2009 in Politics & Current Events

Level 18 (6,182 Credits)
This question is closed.
Answers (21)
  • This is a Pelosi thing. She has leaned on more benefits going to the "poor" than to the taxpayers that hold up this economy. Don't get me wrong, if the "poor" need more help, then it needs to come in other forms, offices that deal with welfare and with more regulations, NOT at the tax desk.


    Remember that the "poor" that is often spoken of by politicians are the young and able to work, NOT the truly poor who are our retired grandparents. The elderly in this country get diddly squat. The able-bodied young who make this a career choice, are the ones who will be benefiting much more.

    lifeasinoit

    Answer by lifeasinoit at 6:26 PM on Feb. 21, 2009

  • it'll be $13 a week starting in June. then it'll go down to $7.50 by 2010. o good, it means i can buy a happy meal every week....
    chickenhobbit

    Answer by chickenhobbit at 5:52 PM on Feb. 21, 2009

  • Yep youre reading that correctly. That is one key reason alot of economists have said this package isnt going to work. He is helping the low income which is great but in the end whatever little money they do get isnt going to help the econonmy because low income people pay bills, buy food etc and still wont have enough to contribute anymore to the economy. The jobs hes setting up arent long term so in a couple years when roads are repaved then the jobs over and were back where we started.
    Anonymous

    Answer by Anonymous at 5:55 PM on Feb. 21, 2009

  • Meh. I think your view is limited, OP. Do a little more research, there's a lot more to it than that.
    stacymomof2

    Answer by stacymomof2 at 5:57 PM on Feb. 21, 2009

  • Actually youre reading it correctly. Alot of people dont want to nay say the president since I know alot of people voted for him but you cant argue with experts on the economy even if youre the president of one of his voters. Its not a good package.
    Anonymous

    Answer by Anonymous at 5:59 PM on Feb. 21, 2009

  • i think its more on congress for passing this shit stimulous, how much is obama paying them off? i hate politics.
    aliciatron

    Answer by aliciatron at 6:00 PM on Feb. 21, 2009

  • I really dont think this will help out for long term either .
    freckles9399

    Answer by freckles9399 at 6:04 PM on Feb. 21, 2009

  • Yep that's correct- and the brilliancy of the plan is that they are really just adjusting our with holdings. Next year at tax time- we get to pay it all back!!! :D
    Erica_Smerica

    Answer by Erica_Smerica at 7:01 PM on Feb. 21, 2009

  • The tax benefit is not enough. The spending that will create jobs won't happen for a couple years. Yeah for change.
    Anonymous

    Answer by Anonymous at 7:41 PM on Feb. 21, 2009

  • Meh...why not open the OP's eyes then, Stacy? I think your response could've perhaps been supported by additional information on the "research" you claim she needs to do.

    According to what I've read of the stimulus package, it's stated as chickenhobbit noted. It starts as $13 per week beginning sometime in June and then declines to $7.50 next year.
    Anonymous

    Answer by Anonymous at 7:56 PM on Feb. 21, 2009