The Economy

United States
July 26, 2009 10:53am CST
As I look at the news on a daily basis, I hear people saying Obama ain't did none of the things he said he would. Once people understand that the President maybe the most powerful figure in America, he still has to get approval and make laws pass. This economy got like this after 9 years of lies and deception, 100 days sure isn't going to fix it. We should have voiced out voices when the President(Bush) first issued out money to bail out the car dealers in 2008, when they couldn't say where the first of 350 Billion went. To give them the second half was even dumber. No one bails us out when we get into finacial trouble. You can't stimulate an economy by giving people the money that created the problem. It would have only taken about 900 million to get the country up and running again. The plan I suggested would have worked even better. Tkae 900 million, give 2.3 million to each grown person(free) in America, this should be roughly 750 million, the rest would go into an high interest bearing account, which would be used to cut the deficit. Each person that recieved would give 20% back to the government for taxes, they would be responisible for all there bills. The citizens would be responsible for there bills, be required to buy a house, continue working, and manage everything. The government could then put it's efforts on producing a better America. Not giving the money to the people who messed it up in the first place, big business and the state governemnt.
1 response
• India
26 Jul 09
To summarize, Obama stimulus package is termed a failure now, its out of hand of single person to revive economy, its like a doctors job, he can presribe medicines and remaining is how the body responds to the treatment, so Dr.Obama is trying what ever he could.
• United States
26 Jul 09
I want say it's a failure, I would say when they sent it out, the Reps. had people they still needed to get the money to, it's that 10billion a month war we fighting, that can't find an old, diabetic, walking round on a cane that's putting us futher int he whole. The problem with it is, they are giving away money to fix things that don't need fixing, then there is simply the fact that 60% are closing businesses and what not, to see him fail, but regardless of what is said, the economy was already worse before he got in office. People assume that you can get in office and fix this problem in 3 months, it took bush 8 years to mess it up, its going to take 2-4 years to level it off again, that much I do believe. Give him a chance, instead of going about it the conventional way, he needs to sit down and take the first 100 good idead and go over them, dgo to the people that got you elected, not the public officials, because they want money for there state. Ask the citizens what they need, if the congress and what not can;'t get what you wanted, pull a Reagan and shut it ddown until they do. You really wanna help the economy find out what they aren't tell us about the Okla. City and World Trade Center Bombimgs. Let the people cross seas gfight there own war, they call Hussein a terrorist, but he isn't the one in America walking around with hoods over there head, and railroading people to be palced in jail. Before, we can straighten out the economy, we have to straighten out what matters, racila tensions, they fall in line the money issue will work its way out.