Is The Stimulus Bill Really Going To Work?
Many people where of the thought that they were going to be able to personally profit from the stimulus bill. This is just not the case as all the stimulus money is going to go to politicians pet projects as well as to bailed out companies and local governments. None of it is going to go the normal Joe on the street.
Many very large companies where on the verge of bankruptcy and President Obama along with the House and Senate came to the conclusion that these companies were too important and big to fail. Is that the correct decision in todays economy? Even though the heads of these companies have run them into near bankruptcy, they are getting bailed out by the United States taxpayers. We are the ones that will be footing the bill to get these companies out of trouble. In fact, even with this bailout money there is no guarantee that they will be able to turn things around.
The amount of the stimulus bailouts is astoundingly high and those of us that have played by the rules are the ones having to foot the bill. It also seems that things might still get worse even with the stimulus package no matter what Obama does or doesnt do. This makes one wonder whether doing nothing at all would have been the right choice and letting things happen naturally.
What organizations are going to be the recipients of the Obama government grants that he and the government are giving out? Will these grants and stimulus money continue to go to the same colleges and organizations that have been getting them the past eight years or will new ones get them.
The amount of the stimulus package is so large that it is hard for the average person to comprehend the numbers. Money is being passed out in a variety of ways to businesses, ecological causes, politicians pet projects, and state and local governments all across the United States. It is impossible to get a handle on where this money is going.
