kangaroo

There exist a number of arguments on both sides of the stimulus package created by the Obama administration, and they both have their points. But those points appear often contrived, biased, and overly complicated, especially on the side of those who oppose it. I happen to oppose both Obama and his package, and I think that I can explain my reasons in a much simpler way then the multitude of outrages commentary pieces I have seen littering the Internet.

Simply put, I oppose the Obama Stimulus Package because it won't work. It may create some jobs, yes. It may create a short lived boost in spending that can strengthen the economy for a short time. But we as a country remain unable to maintain a high price tag such as the one placed on this bill, and not only will crumble under its own weight, but it will break the backs of our granchildren's children long after we have passed away.

Hundreds of billions of dollars doesn't fill the need anyway. In fact, experts now say that we would have to have hundreds of trillions in order to maintain the spending that this Obama Stimulus Package would impose, and the benefits will not suffice to outweigh the enormous debt that we place on the shoulders of future generations.

In the meantime, the average American falls further behind on their own debts, lose their jobs, and have to turn to the Federal and State governments in order to survive, therefore eliminating a great deal of tax dollars that would fuel this stimulus, and taking even more money to try to keep up. So where will this leave us as more continue to need assistance, and less and less can cover the high cost of this 'rescue plan'?

We should have taken the money that Obama proposed, and hand it back to the people. Encourage more home buying, which helps where this crisis started. Keep money in rebuilding efforts, but take it out of the number of useless pet projects that have become the focus of these measures. In the meantime, start producing more, and start buying less from across borders. In short, start running this country as the well oiled, independent machine it has the potential to become. The world has slipped into a severe crisis, but the path to redemption starts with repairing ourselves.

---------- Post added at 01:10 am ---------- Previous post was at 01:04 am ----------

Comments welcome, I might add... I tried really hard.

Karen

Wow, my hats off to you Kangaroo....... I choose to only comment on your style in which you chose to write this piece and I believe you wrote this beautifully in e-prime. .

changed1

Writing beautiful but not in agreement. LOL. Obama trying to change economy US was left with during Bush admnistration. How's that for E-Prime?

Karen

I read a silent 'is' in all your statements. Try writing it again in e-prime. Look forward to reading your progress. K

changed1

So hard to write in E-prime. Bad habits hard to die. Only practicing will do the trick. How can it be done

Dan Zimmerman

Predicting the failure of Obama’s economic recovery policy stops short of the stated and bizarre desire of several Republicans that they hope it will fail, but does not seem any more helpful. “Pet projects” have not “become the focus of these measures.” In fact, earmarks amount to only a small fraction of the proposed plan, and most of them originated during the previous administration, many proposed by Republicans. Obama has pledged to reduce their number in subsequent budgets. Remember, too, that even earmarks create jobs.

The desire for America to become a “well-oiled, independent machine” that produces more but also buys less from abroad ignores the powerful imperatives that globalization has imposed—imperatives dictated by multinational corporations whose influence often transcends that of individual nations.
Our status as an independent economy—if it ever existed at all—probably ended with Nixon’s abolition of the Bretton Woods System in 1971. Under the subsequent “flat money” system, countries no longer set the value of their currencies to a fixed price of gold but instead let their value shift based on the relative confidence of international markets. The United States alone cannot change the world economy, nor can we retreat to a survivalist vacuum without severe degradation of our quality of life at home and our influence abroad.

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