I was willing to give Mr. Obama a shot and I was truly hoping he might do something different.  Well until last night all I saw from him was more of the same old Washington bologna.

Then like no President in History Obama mocked the American people and their dislike for His idea of stimulus.  As he spoke to his comrades in Virginia he arrogantly said with a smug smile on his , "to my opponents of the stimulus bill, who challenge the spending part, What do you think a stimulus bill does? It spends money"

Oh on the contrary Mr. Obama.  An economic stimulus is direct spending of money at a few targeted areas of weakness in the economy. You target things that created the collapse in order to strengthen those sections of the economy and bring back stability. 

Random spending is not stimulus it is just that random spending. 

Let me make this Econ 101 for dummies.

If  I have a personal economic crisis what do I have to do to resolve it.

1. I have to address what caused the problem?

   Did I get behind on bills, loose my job, over spend in areas where I didn't have enough money?

2.  Next I have to fix that problem!

3. If I don't get a job, get current on my bills, or cut my spending then what happens?

   If I keep spending money in areas that don't resolve the issue then I still have an issue. Now instead of one issue I'm near bankrupt as well.  But I have a lot of random stuff I bought that now has no value to me now, on credit that I can't pay back. 

This isn't rocket science.  This is basic math.  You can't spend what you don't have and hope that money will somehow make it's way back to you! How many of us can stabilize our personal checkbooks by spending random money on random things. 

Does that fix our mortgage crisis? Put money back in our shrinking 401K's?

Mr. Obama you keep saying "Don't keep coming to the table with the same old tired plans of the last eight years"  Well I see some irony in that statement. After all your stimulus is the same old tired plan of the democrats, for the last four years; keep spending money we don't have on programs we don't need or that don't work.  Place more burden on the tax payers. WOW! Really smart when Americans are loosing jobs in record numbers.

What's paying for these "stimulus programs" agian.  Income Tax? 

Well, sorry 6.5 million people don't have any money to help pay for this bologna. Thier actually asking for some money right now! But those of us struggling to pay our bills in this economy look forward to giving Hollywood a few more million dollars. Hey we can't afford to go to the movies, but what the heck, they should get some of our money to make some more movies.  Really?????

And the American people are the ones that don't get it? 

 

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Comments:

mikes...
Feb. 6, 2009 at 10:13 AM

I agree with you.  I think where they need to put alot of this money is into the housing market.  And also, WHY are we giving ACORN money out of this stimulus money, HOW does that help? 

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older
Feb. 6, 2009 at 10:16 AM

DRASTIC TIMES CALLS FOR DRASTIC MEASURES, GIVE IT A CHANCE, WHAT SEEMS LIKE A BAD IDEA TO YOU NOW MIGHT JUST WORK.

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Devin...
Feb. 6, 2009 at 10:19 AM

I might buy that if anyone could point out one time massive Government spending on any program worked.  We can't even bankroll SSI correctly. 

But what the heck lets just risk this for our kids and hope for the best.  Why bother with reality when we can just hope something works, even if it has a bad track record of just causing more debt problems!

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munch...
Feb. 6, 2009 at 12:19 PM

I agree. this is stupidity at it's finest!

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Kajen...
Feb. 6, 2009 at 12:23 PM

I hear you...sigh.

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IhartU
Feb. 6, 2009 at 12:26 PM

I have to agree that the whole stimulus thing is just plain stupid and in the end does nothing to solve our current crisis.

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CCmom05
Feb. 6, 2009 at 12:33 PM

When exactly were you giving President Obama a chance? I just went through your previous journals and they are ALL filled with snide opinions and lack of faith in our President. Giving someone a chance takes more then two weeks then going back to previous prejudices.

Now for my opinion on the stimulous: I think that this country needs a boost after the trouble it has been led into. We as a nation have taken in up the a$$ for the last 8 years, it is time we got paid.

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IhartU
Feb. 6, 2009 at 12:37 PM

Now for my opinion on the stimulous: I think that this country needs a boost after the trouble it has been led into. We as a nation have taken in up the a$$ for the last 8 years, it is time we got paid.

The problem comes when we are borrowing money FROM CHINA to stimulate our own Country.

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Devin...
Feb. 6, 2009 at 1:08 PM

CCmom05

This is one of the problems with some of the people in our nation, people who think we are owed something $$$$.   This economic collapse has more to do with that stinky attitude--- that we deserve things we can't afford, like Houses we can't pay for, which started this mess,  then it does with one man.  It happened on Bush's watch so he has some blame, but you can't forget jobless numbers are still at a low. Go back to the Clinton numbers and today's numbers are the same as his eight years in office.   Were loosing jobs because people are scared and quit spending money.  Having a President go on air a dozen times a day fear mongering doesn't help the psyche in this climate.  We know whats wrong with America how about a real plan that doesn't cripple our Country even more.

This is a reality check for America, Debt is never good, credit means you owe someone money and you don't own anything. I'm sorry but the borrower is slave to the lender and I don't want to be anymore a slave to China and the middle east then we already are.  900+ Billion dollars for penny whistles and moon pies is a bad idea.  Boost the Private Sector and let the Business create long lasting jobs.  If you want to do Infrastructure fine, but it doesn't take 900 billion to do that.  Job training fine, but these people have to have jobs to apply for so you have to start with stabilizing housing, the private sector, and then the economy will regain stability.  

Our government is currently that guy who applies for and uses every credit card offer that comes in the mail. Then a year later realizes he's way over his head with a bunch of junk he can't pay for or no longer sees a need for.  Instead of stopping the riduclous spending he takes out more loans to pay all the credit cards off and just relocates his mess.  You do this enough and your bankrupt then everyone looses.

 

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Kelly913
Feb. 9, 2009 at 3:38 PM

Good post DevineMommie.  I keep saying, "when my revenue falls short, I have to cut spending, why is the government any different?"  You have good points.  This stimulus pkg is anything but!  I just learned that there are 20 states poised to invoke sovereignty if this bill passes.  While I am not entirely certain what that entails, it does send a message to Washington that we've had enough!  I'm glad I live in one of those 20 states!

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