Quote:
Originally Posted by Schneed10
From an economic standpoint, the democratic argument is that too many people would save it. Which doesn't help give the immediate shot in the arm for creating jobs. To an extent they're right.
Consumer confidence is really low right now, which is always an indicator that people are afraid to spend money. They instead save it.
But eventually that money would trickle back into the economy and give us the economic boost. Some argue that doing it your way would be more efficient in the long run, and I think they're probably right. But it wouldn't get the immediate results democrats are looking for.
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Well I'm not sure what part of the stimulas bill will hit the economey very fast with the bill passed. Heck 40% of it will not be spent until 3 years from now and another large portion does not really do much more then grow goverment. The actual building of schools, roads, etc.. is like only 10% of the entire bill but if your on welfair now don't worry more money is heading your way.