Posts Tagged stimulus package

Obama pushes for stimulus legislation

Obama wrote this article in the Washington Post to make the case for his stimulus package.  I’ve been watching the Senate debate on C-SPANduring the day.  It is absolutely amazing to me how inefficient the Senate is.  Hours and hours of yammering, with no real “progress”.  Do the floor speeches really convince the Senators one way or another?  Watching the presentations, it is obvious that McCain wouldn’t have made a good President.  He can’t keep his facts straight, and seems to be intent on derailing the legislation.  I think Obama’s lead comments in his article need to be said a bit more loudly:

“By now, it’s clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression. Millions of jobs that Americans relied on just a year ago are gone; millions more of the nest eggs families worked so hard to build have vanished. People everywhere are worried about what tomorrow will bring.”

Knowing how the economy is impacting various members of my own family, something needs to happen now.  Senator DeMint’s proposal is just another reguritation of the same trickle down economic policies that won’t help.  This wrong headed thinking comes from the notion that the New Deal did not positively impact unemployment.  It is simply not true.


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