Why Obama's Stimulus Blockbuster Could Flop

Amount

When Bush left office we had a 262 billion dollar deficit! The economy was still growing, albeit very slowly! Obama ad our Congress have now a 1.3 trillion dollar deficit! I didn't like Bush and his wars, but I going out and spending 1.3 trillion and now wanting another trillion for health care is stupid! We are seeing what how well liberalism works as in 50 days California will go broke! They had their chance to cut programs to not shut everything down and they all said no! Our Federal government better not bail them out! If they wouldn't give away everything to the illegals, maybe they would have money for some of their other programs!

Tom of SD @ Jun 13, 2009 17:41:50 PM

Stimulus Flop

The entire Stimulus Bills results are a failure

Results-wise.The only thing accomplised was to

overload the U.S. Debt. I have to wonder if this

wasn't the Real-Purpose of the stimulus-Bills-?

we are looking at A President, who regardless of his words, is a Socialist of the First-Water.He is

Pro-Muslum, and that requires a Weak U.S.A.! Isn't

that what he has set out to accomplish, rather than to embellish the Economy ofthe U.S.A.?

Dean Cunningham of MI @ Jun 13, 2009 14:26:53 PM

gov handouts

it will evenually have a negative effect on our economy becuse of the intrest that we will pay.

william e hood of MA @ Feb 22, 2009 17:12:21 PM

Stimululus might fail

Angela from new Jersey. You seem to be the only person whose comment has any true meaning. I think the Republicans are full of bitter grapes because the people were tired of them being in power. The people elected Obama now give him more than a few weeks to get us out of this mess that Bush left. Tax Cuts seem to be the standard answer for recovery but they don't work. Sorry guys tax breaks for big business don't really feed the economy. They only make the fat cats richer and big business richer. Nothing is ever perfect and no one has all the answers but at least Obama is going to try to get this country going again. You gave Bush eight years now let some one else try. Find the good in the package and stop focusing on what you think is bad. Yes there really is more good than bad in this package. Wait, maybe we should just do nothing and just wait and see how that works. Yes Nancy Pelosi is a thorn in the presidents side but you can't tape her mouth shut, so just get over this and pitch in and try to help.

Lois Wells of CA @ Feb 22, 2009 16:53:25 PM

Which would you rather have?

We could build a new road in your neighborhood which costs each of you and your neighbors $10K each, or we could return to you $10K in taxes you've already paid. How many of you would choose to pay for the road? Almost no one. Which means we had other priorities.

Government spending in a nutshell -- take money away from what you would have spent it on (what everyone wants) and spend it on what a FEW think they want. And yes, Angela of NJ, that means spending on war many didn't want counts too. This is not so Much a Bush vs. Obama thing. Bush gave us tons of wasteful regulation (SOX), and argued FOR the bailout of the financial industry.

Now have magic stimulus, and soon tax raises on those who create value. Plus we're bailing out inefficient Car manufacturers and people who bought more house than they could manage.

Why not give us back our own money and let us decide how to spend it? Everyone wins. Except those who believe they are entitled to handouts. If they want to consume, they are going to have to add value to the planet and produce value.

PK of CA @ Feb 22, 2009 15:25:46 PM

accountability

easy answer to all the bickering - the conservatives lost their way. they realized that and they are going back to their roots. make no mistake, they screwed up - but that doesn't mean the new administration has a free pass to make equally bad mistakes. this is about our future, not one sided views.

now, when someone comes in blazing their horns and telling everyone how transparent that they are going to be, then that person is going to be held accountable and to a higher bar. obviously we've all been fooled because it is just politics as usual coming from Obama, Pelosi, and Reid. hopefully someone will come to their senses from both sides and stand up for what they believe in.

The Dude of IN @ Feb 21, 2009 11:43:30 AM

Government not the Answer

Anyone who blames the White House for recession or gives it credit for economic strength doesn't understand how our economy works. The president doesn't initate or set spending policy, congress does. He might submit a budget but he has zero control over the final outcome especially since we don't have a line item veto. Those who see the government as our salvation for the current recession are nutts. The only way out of this mess is permanent tax cuts to stimualte private investment which grows wealth something the government is incapable of doing.

JR Davidson of OK @ Feb 20, 2009 18:42:05 PM

Stimilus

If not this package, then what. We have seen over the years that the Bush tax cuts did not work. It is time to invest in America. Why was it okay to run a large deficit when bush was in office? Why was it okay to send all of our money over to Iraq by outsourcing the war to private companies (Halliburton)? Why weren't the republicans screaming about spending then?

Angela, NJ of NJ @ Feb 12, 2009 16:04:27 PM