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Old 02-10-2009, 09:39 PM   #36
steveo395
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Join Date: Mar 2005
Location: New Jersey
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Re: Historical Economic Grace Period?

Quote:
Originally Posted by saden1 View Post
I appreciate Sen. Martinez's effort to craft a "better" bill, it is certainly better than the original amendment introduced by Jim DeMint that got the support of 36 other GOP Senators. That bill was 100% tax cut. The link your provided states just as much:

Building and updating schools is wasteful? Having teachers with jobs is wasteful? Buying school supplies? Having students have enough money to go to school? Paying tech companies to modernize the health care system is wasteful? Helping states stay solvent and viable is wasteful? Most states are running out of money for unemployment in the months to come!

I think I've beat this horse dead.
It doesn't matter if you think its wasteful or not, it isn't stimulus. Massive government spending does not help the economy. It didn't work during the depression and it hasn't worked since (like when Japan tried it in the '90s). The government can't just keep putting trillions into the economy. Its going to cause massive inflation in the future.

This bill is not stimulus at all, it is just a bunch of new government programs and shit that the democrats have been wanting to pass for years.

There are going to be more "stimulus" bills and bailouts too. Obama said the FDR didn't spend enough money during the depression to help the economy. All of this is only going to cause more problems.

I have so much more I want to say but I don't have time now.
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