Obama campaigned on his pledge to get rid of all the pork in new legislation. Check out what's in the "stimulus" package:
- $1 Billion for Amtrak, the federal railroad that hasn't turned a profit in 40 years.
- $2 Billion for child-care subsidies
- $50 Million to the National Endowment for the Arts
- $400 Million for global warming research
- $2.4 Billion for carbon-capture demonstration projects
- $650 Million for digitial TV coupons
- $30 Billion is for fixing bridges and highways
- $40 Billion for broadband and electric grid development, airports, and clean water projects (arguably worthwhile, but maybe not in a stimulus package)
- $600 Million to buy federal cars (on top of the $3 Billion it already spends annually on cars)
- $7 Billion for modernizing government buildings
- $472 Billion in handouts: food stamps, welfare, medicaid, unemployment, etc. (Last time I checked, these don't stimulate the economy: ECONOMICS 101)
- $66 Billion of education
Basically, for every $1, $.12 of it goes to actual investments that stimulate the economy. The other $.82 goes to democratic initiatives that they've been trying to push through for the past 40 years. Helping the poor is fine, but don't label it as a "stimulus package."
No pork? Think again. I'm sure once this thing fails, Bush will take the blame.
6 comments:
Steve came home last night quite passionate about this! Def. too much pork in this package. The only way to really stimulate the economy is to get people self sufficient and to add to society.
Steve, you must listen to Glen Beck. This is exactly what he was talking about on my way into work. I couldnt agree more.
Annette
This is a great post! Do you mind if I repost it on my blog? I have too many Obama supporting--Bush blaming friends...unfortunately.
I'm with you there. I was listening to NPR reporting about the stimulus package, and thought that I should look up the bill. I scanned the first 124 of the 600+ pages and there is a lot that doesn't need to be in there. Personally, I'm a reusable bag-toting, symphony-loving scientist (that pretty much sums it up!), but those things aren't going to help stimulate the economy and don't belong in this bill. The amounts that were passed by the house today are really staggering when you stop to really think about it, especially when a lot of it is going places other than jump-starting the economy, which is what it is supposed to do.
How are any of those things supposed to "stimulate" the economy??? "Stimulus package" is just a new good sounding title for "spend all kinds of money." Give me a break! And you're right, Bush got on board with this whole thing before he left office and when it fails, and it will, he will of course be the one that takes the blame! I'm so angry about it all; who's supposed to pay for all this?!?
Marissa, I bet your shower was adorable given the great fashion/party sense I know your family has! I hope you got some so cute things! Sometime take pictures of your most adorable baby things and post them!
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