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As Obama Signs $787 Billion Stimulus, the Question Is, Will it Work?

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It may not seem like a feasible priority to some considering the economic conditions our country is under, but according to the Borgen Project only $19 billion a year is needed to end world hunger- a tiny amount compared to how much money has recently been spent on federal bailouts to irresponsible corporations.
For this amount of money the lives of people living in dire poverty would be drastically improved and this in turn will benefit the United States. A study conducted by the U.S. estimated that if the World Food Summits goal of reducing hunger by half is met; it will lower the cost of peacekeeping and humanitarian operations by $2.5 billion per year. Furthermore, According to USAID, more than 40 percent of all U.S. exports and half of U.S. agricultural exports are sold to developing countries -- these annual exports account for about 4 million U.S. jobs. As people in developing countries are assisted out of poverty, more jobs are created in the U.S.

End World Hunger of WA 4:45PM March 13, 2009

i think that it's an good idea because ther are a lot of families that are in need of just a little help to find a home to rent or buy, preferbaly rent o own programs for those whom credit is not so good. To help them get back on track with their credit situations.

Beverly Grisby Bendolph of AL 4:26PM March 03, 2009

N/M

RER of MT 8:22PM February 28, 2009

Some of the comments on here are nuts. If Obama did nothing and just let the banks fail and things go down the toilet people would be complaining. Give the man a chance if things DONT work then start moaning and complaining. If tax cuts worked he would be doing it. The Madoffs of the world would just run away with MORE if your money he gave tax cuts. The only businesses I would like to see get more tax cuts are small businesses they are the heart of this countruy.

Colleen of DC 12:35PM February 26, 2009

Will the Stimulus package work? Yes, “successful operation, but the patient is dead”.
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After entering the input in the nation-wide CE cybereconomy, companies will soon see their “virtual”stock rising and the flow of virtual POs from other companies/individuals in the network and will witness improvements in their economic indicators, virtually speaking :-) They may choose even to increase their OP participation if they see a higher return rate. People may try investing again after so many years and see by trial and error if one or another cyber-investment will really work. All - without losing anything. Remember, it’s just a game at this stage!
Again: this will be all regulated by a strategic state department which will create this huge database. Moreover, this department, based on the input from companies and individuals, will create software-automated “recommended” Operating Plans for every user in the program. Backed-up by other economic growth strategic departments, the “plan” will recommend the optimum growth based on the company resources and the cash-flow of every participant, all based on this simulated “cyber-economy”. Some car manufacturer companies may get a recommended OPs of 120% while some others which will have big government orders for energy sensitive projects, may operate at 200% as already initiated by the ARRP initiative. The numbers used in this document (120%) are just fictive numbers. The software program will look at the input/output slopes of the economic indicators and will calculate automatically the best operating plan for every company registered in the program. It’s expected that all the companies will operate at at least 100-120% of their 2009 OPs and everybody will report profits (including government). If necessary, for a healthier economy, the government may stimulate strategic “nodes” of the economic grid. This stimulus will be a fraction of what it’s on the board now (see ARRP) because the economy will run by itself after the next step which follows, which is the big “CE-day”.
Step 3. Eventually, if the plan looks healthy from inside and as I said - not too late - and also reaches enough participation, it will be launched on the “CyberEconomy (CE)-day”: everybody will do what they have promised they will do, when they have joined the program. It’s not a “let’s push the button and see what it will happen” like all the stimulus bills. It’s more like “let’s push the button and get on target”. You know what: there will be lot to people who will start investing even before the CE-day just to speculate the momentum. And these will be the last days of speculations.
No cash injection, no tax rebates and incentives, no dictatorial decisions, no loss of trust in the economy, markets and government, no “wait and see” approach. All based on proven problem-solver solution which is simulation-based decision and why not: a little bit of patriotism.

dcismas of AZ 10:35PM February 24, 2009

It took Bush Administration eight years to get us into such economic mess and it will take at least two years for Obama Administration to get us out of the economic tsunami and put us back on the track.
The only way to get us out of this economic disaster is to spend its way out of the recession or semi depression and Barack Obama is doing exactly that.
With $787 billion injecting into the economy, things will be turning around and recovery will be on the horizon. We have to support the Obama Administration and make the Economic Stimulus Pakage work or we will all end up in much worse shape - another global depression.
Fortunately we are globally united fighting this economic down turn. We will pass through the vally and reach the mountain top again. But this time we will be economically stronger and financially wiser and healthier.

Jackey Lee of CA 7:23AM February 24, 2009

It is difficult to say, but, as a conservative (or independent), I am saying more and more about any issue, I don't know. Proponents and opponents seem so sure of their opposing views, but I don't know what the effect will be of this new bill. It is a lot of money and it will add a great deal to our debt. I suspect that It may help some, but not as much as many hope. I have to wait and see.

Brinson Hood of MO 9:44AM February 23, 2009

Amazing how a comment like, "deport all the illegals" can be made in this day and age. The brutal truth is that unless you are an Indian American, I mean, NATIVE INDIAN AMERICAN, you have no claims on this land either, so perhaps you should return to wherever you or your ancestors came from before you raped this land.
Use your brain and try to create a solution, not buzz for some ignorant ideas.

Julia of IL 12:35PM February 20, 2009

I bought my home 40 days too early to take advantage of the 10% credit for first time buyers. It is not fair that I will have to pay back my 5500 "loan" and now 2009 buyers will get the money free.

carol Looney of FL 1:28PM February 19, 2009

I do not qualify for free Obama housing grants since I was responsible, worked hard, and paid off my mortgage and bills. Get your government grants at http://www.ObamaHousingGrant.com

Barrack of DC 5:31AM February 19, 2009