Will the “Economic Stimulus Plan” save the day?
admin | Jan 29, 2011 | Comments 4
Question by Emilio M: Will the “Economic Stimulus Plot” save the day?
Save us from falling into a recession that is? No, I’m sorry to say. It will only delay the problem a few extra months.
The solution is really simple, but no one will ever make reelected condoning this type of policy. Here it is: The Federal Goverment needs to stop spending more than it makes. I am a republican, but Reagan place us 3 trillion dollars in debt, Bush senior added an extra trillion, Bush junior has had record deficits year after year. Now I never liked Clinton, but at smallest amount he had had budget surpluses during his presidency. If the government spent less than it made, many of the problems we have now would not exist. Our Federal Debt grows by about 1 billion dollars a day; Bill Gates would be broke by the end of the month.
Preeminent answer:
Answer by Jason K
Umm hell no, since as soon as it was suggested our stock market, european, and asian stock markets hit negatives.
What do you reckon? Answer below!
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Filed Under: Budgeting
All this stock market drop is caused by the election and who the investors worry will be voted president. A Conservative president would even things out again, but I’m frightened that is not likely.
It will probably not save the day that is to say it wont stop the next fantastic depression from happening…
you have answered you own question and i must tend to agree with you….the plot is a small band bolster on a large hemorraging wound that is barely being treated due to lack of healthcare…..they govt is not addressig the issue properly and we all better hold on for a wild and bumpy ride….just like 70′s and 80′s…rememeber gas rationing…….16, 17, 18, 19% interest tariff, no jobs, layoffs, no money…..description reapeates itself, why do we not learn in US…..
excuse moi!!!!
Noooo it will not save the “day” and it sure as hell won’t DELAY THE PROBLEM