Obama argues:
President Barack Obama warned on Thursday that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.
In an op-ed piece in The Washington Post, the president argued that each day without his stimulus package, Americans lose more jobs, savings and homes. His message came as congressional leaders struggle to control the huge stimulus bill that’s been growing larger by the day in the Senate. The addition of a new tax break for homebuyers Wednesday evening sent the price tag well past $900 billion. Read more….
Really Mr. President. A stimulus bill that is 88% waste and 12% stimulus is going to save America? No way. How about trying this stimulus. No federal income taxes on the first $40,000 each individual makes for the next two years. That Mr. President will actually do something besides attend to the pet projects of your far left allies.
And on that note, lets continue with our look at the Senate’s version of the Stimulus continuing from page 116.
- $20 million dollars for the working capital fund. I don’t know what that is. You don’t know what that is. That means it isn’t going to help you.
- $800 million for the “hazardous substance superfund.” Fine and dandy, but how is that going to stimulate the economy?
-$200 million for the “leaking underground storage tank trust fund.” And this stimulates the economy how?
-$6.4 billion for the “state and tribal assistance grants” fund. Now get this, this money goes to the Clean Water Revolving Fund. Clean water is nice, but once again, it stimulates the economy how?
-$650 million for capital improvement and maintenance at the Forest Service. That’ll put city folks back to work.
-$650 million for wildland fire management. Really, doesn’t this just burn you up, just a little?
-$135 million for Indian health services.
-$420 million for Indian health facilities. Good day to be a Native American.
-$150 million to update the Smithsonian. I guess we need to employ all those historians?
-$3 billion for the employment and training administration. No real jobs, just training.
-$120 million for community service employment for older Americans.
-$400 million for State unemployment insurance and employment service operations.
-$160 million for the Office of Job Corps. But this isn’t really for jobs, just fixing buildings.
-$1 billion for HHS for construction, renovation, and equipment. A billion dollars for an office remodel. And we thought Wall Street was bad.
-$412 million for CDC to buy property, equipment, and to build. Be nice if some money actually went to real science!
-$300 million to the NIH for equipment.
-$1.35 billion for actual research at the NIH.
-$500 million to repair buildings at the NIH’s facilities at Bethesda Maryland.
-$400 million to the NIH to be used under the Medicare Prescription Drug Act for comparative clinical effectiveness research.
-$2 billion for “Child Care and Development Block Grant” 2 billion for babysitting?!
-$400 million for unemployment benefits.
-$1 billion for Child and Family Services programs.
-$100 million for Aging Services Programs such as “meals on wheels.”
-$5 billion for the Office of the “National Coordinator for Health Information Technology”. Who, what? From reading it, it looks like a huge IT program. What does this stimulate?
-$5.8 billion for the Public Health and Social Services Emergency Fund. Here is what it is for. “To fund projects and activities to reduce the incidence or severity of preventable disabilities, diseases and conditions and to invest in health workforce training. Public health is great, but is this going to get us out of a recession? $870 million of this is to prepare us for an influenza pandemic.
Okay, we are up to page 141. Have you found anything in this that will stimulate the greater economy? While all these programs might be a noble cause, they have no right to be in an economic stimulus bill.
Instead, what we have before us, is an unprecedented and unabashed rush by the Democrats to fund every program and every cause in one fell swoop.
Heaven help this republic.
Related posts:
Tags: stimulus
5 Comments to “Obama Says if Stimulus Isn’t Passed, We Might “Never Recover” and More of the Actual Stimulus Bill”
Leave a Reply
Trackback URL for this post: http://thevirtuousrepublic.com/blog/wp-trackback.php?p=2723
Well I can answer for one of those line items…$200 mil to the leaking underground storage tank fund will save my job and thousands of others. My state is currently two years behind on reimbursing our company alone so work that we do right now will not be paid for until 2011. We have a backlog of over $10 mil in unpaid bills that depends upon that fund for reimbursement. If something didn’t happen soon, our company would go under. And we are just one, there are hundreds of similar companies in Illinois alone.
So for the short term, you have employment. But what happens when the economy doesn’t recover?
This money is a band aid, it doesn’t create long term employment.
True but it gives company’s a chance to recooperate and breath and reorganize into a sustainable business. We obviously want to get out of the type of work because of the state dependency on payment but we can’t move in any direction until the state acts. But it doesn’t help that our Governor was a little crooked. Or a lot crooked, I guess. But it my company’s situation it will allow us to pay our vendor’s which will stimulate their checking accounts and allow us to create a new company with some diversity. Who knows, I’m just trying to have faith and know that at least there will be some cash flow in the short term.
Just wanted to comment, a few months into the stimulus after reading your post.
Spot on.
Months after they said that if the stimulus doesn’t pass that the unemployment rate may hit 8%, it’s now hit 9.3. Nice work, I’ll take “No stimulus” for $100, Alex.
And then blame that on the Bush administration: “We inherited it”
Add that to the discovery by many (and reported by few) that the stimulus dollars aren’t going to the hardest hit areas but rather the areas that have the most influential congressmen (like that’s a surprise to anyone), and you’ve got a typical liberal pork-storm.
Keep up the good work.
BigJohnson,
If you look at road projects, which Obama said would create all those jobs, it is only 6% of the entire stimulus! And so far, little of it has been spent.
The country has been had and great damage has been done.