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?