Why Obama's Stimulus Blockbuster Could Flop

I can save it all, allot cheaper

I read this somewhere. Just give each tazpaying (not tax leaches) head of household 2 million. This will cost a lot less than the trillions that they are throwing around. Pay off you mortgage credit cards buy a car. This will fix all of the problems.

Stephana of OH @ Dec 02, 2008 19:29:24 PM

Stop and ask yourself why they are spending money like there is no tomorow. What do they know that we do not. None of this massive debt makes any sense unless the short term consequences are negligible compared to what they seem to know is coming.

John of @ Dec 02, 2008 18:46:18 PM

forgot the budget needed attention

did anyone work at keeping the budget balanced during the bush administration why not and who was incharge.

henry m of GA @ Dec 02, 2008 15:12:25 PM

It seems you did not hear much about our infrastructure being in great need of improvement until our economy was in great need of improvement. We will be borrowing more money for projects we do not really need. This would be a terribly economically inefficient allocation of our resources. Also, as a budget analyst assigned to a county level public works department I can tell you that much of the stimulus that flows thru public works programs will be wasted.

of TX @ Dec 02, 2008 13:41:35 PM

It is the people who make america run. We work everyday only to spend the money faster than it is made. When the money runs out do the people actually have the government to bail them out? The answer to most citizens would be no, learn how to budget your money or get charge ridiculious amounts of money for taking out a loan. Its funny how the recession didn't just start, that the people were made to believe that all was well. We can blame at least one person for this mess; the one who continued to assure the people that he was qualified to run this place. Does anybody in government office understand/know what this guy did in the past eight years? Or are we just clueless.

Vexed of NV @ Dec 02, 2008 13:01:27 PM

Broken Windows

"The goal is to end up with infrastructure that is up to date and lasts a while."

Really? I thought the "goal" was to cure cancer, develop a hydrogen powered car, provide health care for the poor, create a universal wireless access network, implement a flat income tax structure, fully fund Social Security and Medicare, launch a manned mission to Mars...

$500 billion spent on one set of projects is money that can't be spent on other projects. There's no endless supply of money to do all the things we wish to do, be they liberal or conservative initiatives. We must prioritize, and letting the government set those priorities is economic folly. It has no capacity to allocate resources efficiently - none.

Dean of MN @ Dec 02, 2008 12:36:33 PM