Is Obama the Answer to Economic Pain?

A lot of people beat down Obama because of lack of experience, myself included. But everyday it seems he does something else that catches my eye, the latest calling out Wall Street bonuses. For this I want to specifically focus on the proposed $819 billion stimulus set to stimulate the economy. The proposal to have 75% of this spent within 18 months is a right move. We cannot continue to wait for everyone to be happy because it is not going to happen. The time to act is now.

The legislation that passed the House called for $544 billion in federal spending and another $275 billion in tax cuts. The spending will create jobs and improve highway and transit projects. The tax cuts will give families up to $1000. The Republicans in the Senate have said they will reject this and propose a smaller bill with more tax cuts.

Conservatives need to wake up and stop thinking about tax cuts all the time. People do not know how to spend money yet you want to just give them more? What will they do with it? I doubt giving people a couple thousand dollars will really stimulate the economy. All they will use the money for is paying off debt. We are in the middle of a credit crisis because large institutions were able to thrive off the weakness of the average consumer to splurge and put everything on credit. Federal spending to create jobs and improve infrastructure is what we need. Creating jobs will give people more money over a longer period of time instead of a one time ordeal to do nothing with. If I am surrounded by debt, why would I spend a stimulus check on new things? Conservatives are being completely absurd and need to be smacked. Unless we reduce umemployment and get a steady stream of money coming in to pay off debt and buy new things, the economy will not improve. Please, all Republican members of the Senate, vote for the stimulus. Your untimeliness of narrowed minded ways of thinking and unwillingness to embrace change will cause further problems before we can get this stimulus off the ground and running.