My contract ended and I am looking for work. Even so I do not believe that the current stimulation bill in congress should be hurried through as President Obama is requesting. A bill for almost a trillion dollars in spending should not be rushed through the legislature. The impression I have is that our congressmen don't really know how this bill will actually create jobs.
I have seen reports that suggest that only about 13 cents on the dollar will create jobs. The rest appear to be for pet projects. The extra $25 a week unemployment will not make the difference for me but the fear of paying on that trillion in taxes for years to come is bothersome. It is easy to get into debt and then suffer for years trying to climb out of it.
My vote is for a bill that will truly aim at creating jobs. The bill should be around two to three hundred billion. That still seems like a lot of spending on top of the 700 billion already given to prop up the banks. Nix the rest of the stuff.
Saturday, February 07, 2009
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