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Can President Obama's $800 billion-plus stimulus plan work?

by Jason Reeves

Created on: June 16, 2009   Last Updated: October 05, 2009

Before the President can have any success, he must first stimulate the way Washington D.C. thinks. He needs to perform surgery and not just apply an antibacterial cream to the wound that Washington has allowed to fester. By increasing already out of control spending and increasing debt does not sound like great policies of "change" but rather rhetorical rhetoric of the past. President Obama's $800 billion-plus will definitely stimulate the tax burden and national debt for generations of the future in a manner like no other seen before. It started with ENRON, then AIG and then drifted into mortgage firms, the housing industry, and large banking firms before making a nose dive into the auto industry; like a cancer,greed and the lack of good morals have spread throughout corporate America, and the U.S. economy has spiraled because of their mismanagement. The answer that the President and Congress offers; lets nationalize everything, turning the U.S. government into the worlds biggest industrial and financial monopolization in history, and give the states a few billion while we are in the giving mood {or simply said, lets roll the dice and see what we get}. Why does it seem like the only thing being stimulated is the bank accounts of CEO's and members of congress?

This stimulus package will only give government more control and more reason to raise taxes. Having been in the road construction industry for the last 16 years I personally have seen the way most gov. funded or state funded projects work, there is nothing fair about the bidding process on these contracts. The "Good Old Boy" bidding system. Attend a dinner or make a few campaign contributions and let the bidding begin! Just imagine $800 BILLION, I said, BILLION. Boy someone is about to have fun and it is not us tax payers I'm afraid. Washington politics must change and being so liberal with America's money must be stopped! This plan will only further cripple this great nation and make corporations and citizens more dependent upon government intervention instead of old fashioned HARD WORK. Instead of a stimulus plan designed to benefit special interest, try reducing taxes by $800 billion or just $400 billion and then you would see the economy sky rocket because America has money in the pocket.

I have heard arguments about how states could use the money and how we can't allow banks to fail, but I ask myself hmmm... banks / broke, state government / more money; maybe I'm missing something somewhere. I am

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