It looks like Americans are gaining steam in opposing this bill. Even the President is now putting pressure on to remove a lot of the pork and other spending in the bill that isn't directly related to stimulating the economy.
I have seen some interesting alternative ideas regarding what the bill should look like. Here are they are, in order of what I think is the best at the top:
1- Put more money on defense spending. http://www.nber.org/feldstein/washingtonpost_012909.html
2- The Reuters Proposal based on the GOP Proposal. http://www.cnbc.com/id/29020945
3- The GOP Proposal: http://uk.reuters.com/article/worldNews/idUKTRE50R71P20090128
Regardless of which plan you choose, it looks like it will cost less, and actually do more. I love the line in the top option that Mr. Feldstein wrote because it fits exactly with what our government has been missing for a while, accountability:
"On the spending side, the stimulus package is full of well-intended items that, unfortunately, are not likely to do much for employment. Computerizing the medical records of every American over the next five years is desirable, but it is not a cost-effective way to create jobs. Has anyone gone through the (long) list of proposed appropriations and asked how many jobs each would create per dollar of increased national debt?"
16 hours ago
Posts
1 comment:
It really is empowering to see that when the people are informed and get involved that we can actually make a significant difference in the actions of the politicians. I'm so glad to see people getting active. It's also nice to see articulate alternatives that hopefully at least get consideration.
Post a Comment