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Other than the 5% for roads, what on this Stimulus list will actually HELP get over this financial crisis? ?
25th June 2008
RLP asked:
600 billion+ SO FAR of the “stimulus” package isWASTE
50m National Endowment for the Arts
60m Mob museum in Vegas
850mWildfire prevention in California
200m “study” electric cars for use in government
650m additional $$$ for DTV
400m NOAA to study habitat restoration
44m Repair to AG HQ in DC
276m State Department computer upgrades
600m to NASA for “global warming” research
600m “to help doctors, nurses and dentists” “prepare” for universal health care
209m maintenance upgrades to USDA research building
400m “upkeep upgrades” of “national treasures” like National Mall and
Smithsonian
…but that’s chump change compared to this:
1 bn to preserve 500 at risk salmon in CA
275bn to “refundable” tax credits (welfare checks)
30bn for “roads and bridges” (that’s about 5% of the “stimulus” being spent on
real “infrastructure”)
100bn to expand Medicaid
150bn to explore “alternative” energy
3.1bn for parks and fisheries improvements
20bn “nutritional assistance for middle income” Americans –this is an expansion
of food stamps to 400% of the poverty line!!!
1.5bn to build community health centers
1.9bn to the DOE to do …sit down…”basic research on physical sciences”!!!!
2.7bn for “rural water disposal” (this is to research how to get rural homes off
septic and on to sewer…really, it is)
2.5bn for “upgrades” and energy efficiency for government run housing
6.2bn to “weatherize” low income homes
2.4bn for “carbon capture technology”
350 m for std prevention
75m smoking cessation
870m bird flu
572m Coast Guard for job creation (translates to 460k per job created)
25m for ATV trail maintenance
1.5bn for “carbon capture contest”
Titus
600 billion+ SO FAR of the “stimulus” package isWASTE
50m National Endowment for the Arts
60m Mob museum in Vegas
850mWildfire prevention in California
200m “study” electric cars for use in government
650m additional $$$ for DTV
400m NOAA to study habitat restoration
44m Repair to AG HQ in DC
276m State Department computer upgrades
600m to NASA for “global warming” research
600m “to help doctors, nurses and dentists” “prepare” for universal health care
209m maintenance upgrades to USDA research building
400m “upkeep upgrades” of “national treasures” like National Mall and
Smithsonian
…but that’s chump change compared to this:
1 bn to preserve 500 at risk salmon in CA
275bn to “refundable” tax credits (welfare checks)
30bn for “roads and bridges” (that’s about 5% of the “stimulus” being spent on
real “infrastructure”)
100bn to expand Medicaid
150bn to explore “alternative” energy
3.1bn for parks and fisheries improvements
20bn “nutritional assistance for middle income” Americans –this is an expansion
of food stamps to 400% of the poverty line!!!
1.5bn to build community health centers
1.9bn to the DOE to do …sit down…”basic research on physical sciences”!!!!
2.7bn for “rural water disposal” (this is to research how to get rural homes off
septic and on to sewer…really, it is)
2.5bn for “upgrades” and energy efficiency for government run housing
6.2bn to “weatherize” low income homes
2.4bn for “carbon capture technology”
350 m for std prevention
75m smoking cessation
870m bird flu
572m Coast Guard for job creation (translates to 460k per job created)
25m for ATV trail maintenance
1.5bn for “carbon capture contest”
Titus
Posted in: Cars | | Comments (12)
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Not much is going toward stimulating the economy, just stimulating material things in the country.
Comment by The Republican — June 27, 2008 @ 7:05 am
The stimulus is a joke, just a big spending bill. When all the libs are in the unemployment line maybe they will get it.
Comment by Lucky — June 29, 2008 @ 8:24 am
Hm still wondering where all the promised jobs are going to come from, looking at this list, I just don’t see it. Only plus, I might get food stamps rather than a job and real money to keep my home.
Comment by julvrug — June 29, 2008 @ 12:21 pm
Huh, I heard it was 3%. Thanks for the list.
Maybe we’re being unreasonable. After all, someone has to dig up the National Mall and lay down the $21 million worth of sod. LOL
Comment by rukidding — June 29, 2008 @ 6:55 pm
It has been proven in the past that pumping imaginary dollars into the economy doesn’t work and very little of what you listed will help. The only thing that has proven out over time is real tax cuts but they need 2-10 years to see the benifit.
Comment by sjwanderer — July 1, 2008 @ 8:06 am
None, it’s all pork.It’s like trying to get out of debt by borrowing more money.
Comment by iblee75 — July 2, 2008 @ 6:45 am
Just like the GOP, the Dems are stimulating their special interest groups.
Comment by Chi Guy — July 5, 2008 @ 1:22 am
Government spending, like this stimulus package, is a component of GDP, the most common measure of the overall US economy.
Essentially, the government will spend a large amount of money, which will immediately go to all the companies who provide the goods and services listed above.
These companies (or government agencies) will then have more money to spend on employees and investment. The new employees will have more money to spend on goods and services from other companies.
Hopefully, the money will ripple out, and the entire economy will improve.
And please be careful where you put sarcastic “quotation marks.” The sciences are an important part of innovation in this country, which is necessary if we want to compete with tech-savvy nations around the world. Also, investing in low-income areas will help overcome the crippling poverty which fuels the recession.
Comment by Vincent F — July 7, 2008 @ 1:54 pm
I think they are testing their power.
Which is why Obama is hoping personal greed, ie dangling commerce secretary will aid in the super majority.
Comment by Keith V — July 8, 2008 @ 6:44 am
I still can’t make the math work to show how Obama spending spree is going to stimulate the economy for Americas needs during this depression we are now in.
This is more pork barrel spending and returning the favor for them backing his campaign
I guess you gotta give in order to get.
Comment by Kenneth J — July 10, 2008 @ 2:55 pm
OK, sweetheart…think of it this way…if you put one hundred lipsticks into your pockeybook on the right side and 100 lipsticks into it from the left side and 100 from the middle you have 300 lipsticks in the pockeybook!
A dollar into the economy is a dollar into the economy whether it goes to pay a guy to build a fence, or a road or to hang insulation.
Now please step into that line over there and have some cookies while the rest of us think.
Comment by JGinCowtown — July 12, 2008 @ 1:45 pm
What jobs will you be getting from this? A few scientists and some park and fisheries jobs, then Home Depot might make out well due to weatherizing low income homes. Hey, why can’t my home me weatherized as well?
I hear the 350 M for smoking cessation was taken out.
I Love the 870 million for bird flu. I’m sure we all have had someone down the street die from that and it will certainly generate tons and tons of jobs in our communities, that one I am so glad about!
At any rate, I see little that I respect.
What the heck is a carbon capture contest and why would we want to pay 1.5B for that? Whose job would that be? Where can I apply?
Comment by WinonaGal — July 15, 2008 @ 9:00 am