The Anti-Family Economic Stimulus Package Will Hardly Stimulate Anything// except democratic egos…

This is supposed to be a new era of bipartisanship, but this bill was written based on the wish list of every living — or dead — Democratic interest group. As Speaker Nancy Pelosi put it, “We won the election. We wrote the bill.” So they did. Republicans should let them take all of the credit.

“Never let a serious crisis go to waste. What I mean by that is it’s an opportunity to do things you couldn’t do before.”

So said White House Chief of Staff Rahm Emanuel in November, and Democrats in Congress are certainly taking his advice to heart. The 647-page, $825 billion House legislation is being sold as an economic “stimulus,” but now that Democrats have finally released the details we understand Rahm’s point much better. This is a political wonder that manages to spend money on just about every pent-up Democratic proposal of the last 40 years.

Do people even know what’s in this bill? Keep reading to find out. You won’t believe it. . .

In selling the plan, President Obama has said this bill will make “dramatic investments to revive our flagging economy.”

That’s when you should take your Mother’s advice and not believe everything you hear. Here are a few of the highlights, you be the judge:

  • Education, which would get $66 billion more, however, “No recipient . . . shall use such funds to provide financial assistance to students to attend private elementary or secondary schools.” Horrors: Some money might go to non-union teachers. [Just another way the government is going to make sure your children are in school when pro-homosexual gay day, tolerance training, and no-name calling week take place, because you’re certainly not getting any money for them to attend school elsewhere, where they might receive a religious, traditional marriage and pro- family based education].
  • $1 billion for Amtrak, the federal railroad that hasn’t turned a profit in 40 years
  • $50 million for that great engine of job creation, the National Endowment for the Arts
  • $400 million for global-warming research
  • another $2.4 billion for carbon-capture demonstration projects (What is this about ?)
  • There’s even $650 million on top of the billions already doled out to pay for digital TV conversion coupons
  • Some $30 billion, or less than 5% of the spending in the bill, is for fixing bridges or other highway project
  • another $40 billion for broadband and electric grid development, airports and clean water projects that are arguably worthwhile priorities

Add the roughly $20 billion for business tax cuts, and by our estimate only $90 billion out of $825 billion, or about 12 cents of every $1, is for something that can plausibly be considered a growth stimulus. And even many of these projects aren’t likely to help the economy immediately.

The Wall Street Journal points out that much of the rest of the spending will go to things like renewable energy and mass transit, $8 and $6 Billion respectively, and have a low and even worse, a negative return on investment. As a real estate investor, that’s investing 101, you don’t put your money in a looser deal, something with little to no return on your investment. Sounds like we might need more financial geniuses in government and less celebrity lawyers.

And there’s always a kicker:

Most urban transit systems are so badly managed that their fares cover less than half of their costs. However, the people who operate these systems belong to public-employee unions that are campaign contributors to . . . guess which party? [In case you’re confused, I’ll put it in for you, that would be the Democrats].

Oh, and the following are also part of the alleged economic stimulus package, but will in no way stimulate the economy:

  • $600 million more for the federal government to buy new cars. (Uncle Sam already spends $3 billion a year on its fleet of 600,000 vehicles).
  • $7 billion for modernizing federal buildings and facilities. The Smithsonian is targeted to receive $150 million; we love the Smithsonian, too, but this is a job creator?

Another “stimulus” secret is that some $252 billion is for income-transfer payments — that is, not investments that arguably help everyone, but cash or benefits to individuals for doing nothing at all.

  • There’s $81 billion for Medicaid, (this is the STD prevention info I posted here here)
  • $36 billion for expanded unemployment benefits,
  • $20 billion for food stamps, and
  • $83 billion for the earned income credit for people who don’t pay income tax. While some of that may be justified to help poorer Americans ride out the recession, they aren’t job creators.

Why should anyone receive an “earned income credit” for NOT earning any income. They shouldn’t.  That’s insanity.

Another “stimulus” secret is that some $252 billion is for income-transfer payments — that is, not investments that arguably help everyone, but cash or benefits to individuals for doing nothing at all. There’s $81 billion for Medicaid, $36 billion for expanded unemployment benefits, $20 billion for food stamps, and $83 billion for the earned income credit for people who don’t pay income tax. While some of that may be justified to help poorer Americans ride out the recession, they aren’t job creators.

What part of “live with in your means” doesn’t Obama and his cronies get? If there isn’t money to pay the bills, you cut the fat, and spend only on necessities. No money, no dance lessons, no fancy car, no Hawaiian vacation. Why doesn’t the government get, that if they don’t have the money, they don’t get to pay for all of their insane, unnecessary, poverty enduced, support pregnant unmarried Mothers, and drug addicts ridiculous social programs. Newsflash!!! America will still be here without $200 billion under the table dollars going to Planned Parenthood, like they were planning to do before America caught wind of it, and they substituted STD prevention instead (see link above).

I think we need to hold our government officials to the same financial standard that all responsible American citizens hold themselves too. Live with in your means. Don’t spend money you don’t have, and prioritize how to best spend the money you do have, even if it’s just a little. That, my friends, is how to build a wealthy nation. All of the free social programs and hand outs in the world will not solve the problems in America if we don’t expect our citizens to buck up and quit relying on the government to take care of them.

All respectful and courteous comments are welcome!

Source: online.wsj.com

Photo Source: Washingtontimes.com


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7 thoughts on “The Anti-Family Economic Stimulus Package Will Hardly Stimulate Anything// except democratic egos…

  1. I just love how Republicans think you guys would do it better….. completely oblivious to how much of a disaster the World has become after almost a decade of you having your chance.

  2. Futiledemocracy,

    First of all, everyone likes to blame Bush with out giving him an once of credit for the great things he did. He’s everyone’s scape goat and frankly, I’m sick of it. I applaud him for putting up with everyone’s garbage and handling himself with grace and dignity, rather then screwing some chick on the oval office desk…(Although Clinton didn’t do that bad of a job either). I am appreciative of Bush even being willing to take on the job. I don’t believe that any President has that much power as to single-handedly cause as much damage as everyone is blaming Bush for. We’re not “oblivious” as you stated, just capable of rational thought based solely in reality and fact based truth!

    Secondly, I think that just about anyone could do a better job at writing a stimulus package. Have you seen that disaster? (And just to be clear, there are plenty of crazy Republicans in DC too) they just didn’t happen to write the stimulus.

    Are you up to your eyeballs in debt, mismanaging your finances, spending beyond your means, buying iTunes music instead of paying rent, borrowing right and left, and ripping off your parents for money to support your birth control habits and laziness? Probably not, but who really knows. However, that’s exactly the kind of crap contained in the stimulus package.

    Third, I’m not a republican, nor did I vote for one.

    Thanks for your comment though.

  3. Admittedly, the republican Congress didn’t do such a hot job at containing spending, for which I am deeply disappointed. This “stimulus” package, however is nothing more than a thinly veiled attempt to resurrect lost cause pork, putting it under the rubric of “stimulus package” and getting it pushed through the process. There’s nothing in this bill that represents real economic recovery.

  4. You’re exactly right Eruipides. I am amazed at home many ill-informed, and financially handicapped people there are in DC. Well, either that or they just plain to don’t really care about the economy or Americans. It’s got to be all about power for those folks.

  5. I really loved this post, Journalista. You’re right-living within one’s means is an American problem. Besides being fed up with Washington spending, I am sick of so many friends being on some sort of government welfare program. They don’t see a problem with taking advantage, being dishonest (emptying their accounts so it looks like they have nothing) or complaining about their free health care. Not to mention that most of them seem to find the $ to go on cruises or Disney trips & buy new cars or $500 vacuums. I had a friend tell me the other day that she and her husband “didn’t want to pay for their kids’ health insurance so they just got them on medi-cal”. So now it’s my job to pay for her kids’ insurance?

    “All of the free social programs and hand outs in the world will not solve the problems in America if we don’t expect our citizens to buck up and quit relying on the government to take care of them.” Exactly.

  6. Thanks for your comment Zoey. You’re right on! I wish that the government would insist on a better work ethic and parents would teach the importance of a good work ethic. The elderly people in this country were taught and know how to work hard, live with in their means and take care of themselves with out expecting a government handout because they “don’t feel like working,” or don’t want to work some lame job. Any respectable job is something that one should feel proud of. I read somewhere about the statistic about the number of people who don’t have health care. And it was saying that it’s not that these people can’t afford health care, they just choose to spend their money on other things and go with out.

    It would be more effective for the government to put all of this “hand-out” welfare money into vocational training, college scholarships. grants for people to start their own businesses, etc., things that will really help people in the long run. When people work hard it elevates their self esteem and gives them confidence. The government welfare program is only enabling these people’s dependency on the government, and thus helping to evolve the US into the socialist society Obama has envisioned.

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