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User Name Thread Name Subject Posted
GUEST,JTS BS: Obama Honeymoon lasts 3 days (148* d) RE: BS: Obama Honeymoon lasts 3 days 09 Feb 09


Susu's hubby,

You need some basic education in macroeconomics. Basically the theory behind this stimulus package is if money is pumped into the economy, the economy will recover more quickly and everyone will be better off.

The money to the arts will put people to work right away and those people will buy coffee, gasoline, groceries and rent, thus allowing other people to keep their jobs.

Another feature of Obama's plan is investment in the future. Money spent on infrastructure such as highway and electrical grid improvements, education and energy efficiency will reap future economic and competitive benefits.

We need to spend a lot of money fast. Obama's priorities may not be perfect, but they are way better than any alternative I have heard.


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