Friday, February 13, 2009

My Thoughts on Stimulus Package

It appears that a compromise has been reach between the House of Representatives and the Senate so it should be on President Obama’s desk soon. I am a firm believer that the economy needs to be stimulated and would have liked to see more job creation measures and less tax cuts but I am hopeful that this bill will do some good especially if it is in conjunction with other activates to get the banks unfrozen and tackle the housing crises. Some of the tax cuts would be helpful if it would help to keep or hire employees but if most I feel most of the tax cuts would be put into savings rather then back into the economy.

I was not very happy with the GOP and felt that the administration tried to working with them and the GOP flat refused to corporate. I am glad that the senators from Maine and Senator Specter for putting America first and politics second. What really galls me is all the spending republicans did in regards to their agenda (i.e. the two wars we have right now) and then they put up a fight over this? I guess I am tired of this coming from both parties and just want to see them work to benefit the country instead of bickering over partisan issues. I think this is going to be a long hard fight for President Obama that I don’t know if he will be able to win or not. I do think this is what the country voted for and am hopeful.

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