Quote:
Originally Posted by Villages Kahuna
Wow! The country encounters maybe the worst financial crisis in history. Then following a couple of months of debate among the politicos, we come up with a "stimulus" plan to try to re-start the economy. Now, only 5-6 months later, we're bitching because it isn't working.
Are you kidding? We'll be lucky to get the economy to turn into positive growth by the end of 2010, certainly not the end of 2009. It isn't really possible--in my opinion anyway--under this President with his plans, nor would it have been under any other President with a different set of plans.
All we're proving here is that Americans really do expect instantaneous gratification.
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My concerns about the stimulus are:
the haste and urgency it was pushed through and passed and the concurrent lack of follow-up on implementation,
the changing targets for the stimulus as if a per se stimulus plan never really was a plan but a make it up as you go pork barrel to reward political allies,
the lack of transparency and accountability and the surfacing utilization for unions and selective groups that appears to be emerging.
It appears to me that the administration is commingling stimulus funds and Federal budget funds and most people can't tell the difference. In any case, the outcome can't be good for the country but will help politicians, especially democrats, immensely.....at least until after the next election when those "addicted" to the dole out go through withdrawals when the well is dry and the Obama administration are writing their memoirs.
It would appear that the stimulus package is becoming the biggest Obama reelection war chest ever imagined.
Just random thoughts from a skeptic.