Do you support the $825 billion recovery package?

[CtrlAltDe1337]

See title. The bill has passed the House and the Senate will begin deliberations shortly. What do you think about it? Is it a good idea? Bad? Too small? Too wasteful?

I personally think we need to pass some tax cuts, but the current plan is full of wasteful spending. The dems in the House have put money for almost every project in this one bill. How does helping people switch their TVs over or combat STDs stimulate the economy?? Why not give people tax breaks instead?

[spiderman101]

it's just one big big big big big big big big big ect, waste of money, the bailouts haven't done a thing to fix the economy. The goverment just dosn't know when to stop.

[MaryPoppinCaps]

It is unfortunate we have to bailout our own economy with immense spending that is laid upon my generation and the several next ones. But even so, the spending of money - invisible though it is - is needed to go towards our infrastructure, education, and basically put the money back into the economy where it is to be useful and to the benefit of the people. We should be careful of such large expenses, but spending on our own nation is something I can support if this investment will work in the end.

[Thanatos]

Bailouts are bad, especially so when the CEOs get golden parachutes and enormous annual bundles of cash a year.

[ray243]

Bailouts are bad, especially so when the CEOs get golden parachutes and enormous annual bundles of cash a year.

While your nation crash and burn if you don't. A better solution would be nationalising the banks and fire and imprision all those CEO, but most republicans don't like that due to the fear of communism'

Well, you can't blame Americans after years of watching all those propoganda in regards to socialism.

And a stimulus package isn't a bailout package you know.

[spiderman101]

we can't borrow and spend our way back to prosperity, and if we are going to "burn" then I'd rather burn without spending $825 billion.

[ray243]

we can't borrow and spend our way back to prosperity, and if we are going to "burn" then I'd rather burn without spending $825 billion.

You have never experienced poverty do you? Do you know it is hard for a poor nation or poor people to pull themselves back onto track?

A burned paper can never be re-created as a piece of paper.

[Nole4694]

Bailouts should die a very very painful death, all they do is give the CEO's enough time and money to get out of dodge before the cieling collapses in on itself. But nonetheless i but the bottom choice because frankly i do not know enough about the bill to say yay or nay

[Zephyrus]

Won't stimulate the economy fast enough. Some cnn analysts predict positive benefits in 2010 earliest, 2012 latest.

[Justice and Mercy]

It's clear that Obama is setting himself up to be the next Teddy Roosevelt.

Without Teddy the "Great Depression" would be called "That Boring Minor Recession". I suspect this situation will be similar.

[GrnEyedDvl]

It's clear that Obama is setting himself up to be the next Teddy Roosevelt.

I would have said Jimmy Carter.

[Justice and Mercy]

I would have said Jimmy Carter.

He's one of Them.

The Grandaddy of Socialism in America (Wilson)
The Prolonger of the Great Depression (FDR)
The Liar of the Tonkin Gulf (Johnson)
The Idiot (Carter)
The Rapist (Clinton)

These were the worst presidents of the 20th century. I'm annoyed to see any of them repeated.

[spiderman101]

and to start 21st century we have Obama. things are not looking good.

[Kiljan Arslan]

I would have said Jimmy Carter.

He thinks I caused Socialism.

[spiderman101]

printing more money will further weaken the dollar, soon it won't be worth the paper it's printed on.

[Sidmen]

Bailouts should die a very very painful death, all they do is give the CEO's enough time and money to get out of dodge before the cieling collapses in on itself. But nonetheless i but the bottom choice because frankly i do not know enough about the bill to say yay or nay

It cuts taxes by 500 bucks/person, and puts aside a lot of money for infrastructural improvements.

Those are the 2 things that I remember from it when I read it in the newspaper.

[Rush Limbaugh]

It's clear that Obama is setting himself up to be the next Teddy Roosevelt.

Without Teddy the "Great Depression" would be called "That Boring Minor Recession". I suspect this situation will be similar.

Are you sure you dont mean Franklin Roosevelt?

No bailouts for anybody.

[Justice and Mercy]

Are you sure you dont mean Franklin Roosevelt?

No bailouts for anybody.

Err, Franklin.

Damn you Kiljan, had Teddy in mind.

[Admiral Piett]

Voted for option 2. I think that economic stimulus that's not in the form of huge public works spending might actually be a good idea.

[Justinian]

I voted for option two as well, I think we need stimulus but this $819 billion waste of time and imaginary money isn't the way to go.