Monday, February 2, 2009
So Far, its OK Obama
Obama, I'm sorry for an over-reaction in my first post. So far this stimulus bill is working, and I hope that this doesn't throw America in the tank. Personally, I don't think this is a way to "stimulate" anything. Basically, you're giving all of us $2,500.00 a peice, so that we can start businesses and all will befine. That plan works, only in the dream world. I mean think about it, how many people are actually going to take the money that their government gave them, and go out and start a business? It may suprise me in the begining how many actually try, but with the way that taxes will increase, I think that many will fail in thier quest to become businessmen and businesswomen. It may take the entire $2,500.00 that the government gave us just to pay the taxes on the business, then what? WE WILL HAVE COME FULL CIRCLE. Now if what us considered to be impossible, and everyone does use the money responsibly, then this stimulus bill will work. If taxes are cut on those people attempting to start a business, this stimulus bill will work. I am afraid that is not going to happen in this economy. The last stimulus bill that came around, the check ended up in everyones bank account. What needs to be done is this check that we are all going to get needs to be treated like a categorical grant, with many restrictions and limitations placed on it so that the money is used as the leadership intends for it to be used. But it is to late now. We will just have to wait for this stimulus bill to end up in everyones bank account before we take that into account.
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