Friday, February 13, 2009

Stimlus - Economic Help or Hinderance?

Well, the House passed the stimulus bill and no doubt, one way or another, the Senate will pass it as well and Tuesday morning it will be on President Obama's desk for his signature. Then will come the real fighting.

The Republicans will complain that the allocation of funds is totally wrong and not doing any good. They will also complain about the debt this stimulus puts on our grandchildren and great-grand children. I have to agree with them about that.

The Democrats will praise the affects of the stimulus, although they will get very defensive if forced to justify why some of their pet projects got funding, since they have little or nothing to do with the overall economic recovery of the nation.

Of course it is we the people who will be forced to make the most honest evaluation of the stimulus. Did it save and/or create all the jobs that were promised? Did it begin repairing the infrastructure of the country? Did the stimulus inspire green jobs? Did our energy companies begin investing in creating alternative energy sources that will make the United States energy independent? Are our schools better? Are we once again seen as a world leader?

A lot of questions, time will tell how the report card will be graded. President Obama during his travels this week says he wants to be judged on how effective or ineffective his plan is. Let's hope that we will be able to provide him with the honesty he wants.

Its Common Sense!

No comments: