01-28-2009, 03:45 PM
Yeah.. this isn't really a "stimulus" package if you look closely at it. It's a spending package, plain and simple. It'll result in the creation of more federal agencies, which is exactly the wrong direction. Everyone else is forced to downsize in difficult economic times.. why should the government be any different?
Also, if you do the math, it's a money pit. Obama's goal is to save or create 3 to 3.75 million jobs. I'm assuming none of them will be CEO-level pay, so let's give them the median American income which is reported to be in the neighborhood of 40 grand. Now take 825 billion (the proposed amount, which will balloon once it comes time to vote) and divide that by the maximum of 3.75 million jobs created/saved. I get 220,000. That's how much each of those median income jobs will cost. Perhaps it'll be worth it five and a half years down the road.. but is it prudent to gamble on that right now?
Also, if you do the math, it's a money pit. Obama's goal is to save or create 3 to 3.75 million jobs. I'm assuming none of them will be CEO-level pay, so let's give them the median American income which is reported to be in the neighborhood of 40 grand. Now take 825 billion (the proposed amount, which will balloon once it comes time to vote) and divide that by the maximum of 3.75 million jobs created/saved. I get 220,000. That's how much each of those median income jobs will cost. Perhaps it'll be worth it five and a half years down the road.. but is it prudent to gamble on that right now?
Where would we be without the agitators of the world attaching the electrodes of knowledge to the nipples of ignorance?