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?"
3 weeks ago
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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.
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