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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: jimss who wrote (14663)1/22/2009 12:27:12 AM
From: jimss  Read Replies (1) | Respond to of 50476
 
"The $825B spending package unveiled by the House last week offers little in tax cuts, but a lot in social giveaways to states. The much promised infrastructure spending on highways, transit and energy is just $148 billion.

Instead, most of the spending is for immediate social needs such as unemployment benefits, insurance and health care. While this money will be spent quickly, we doubt there is much of a sustainable stimulative effect to the US economy (perhaps it will help the Chinese economy?!)."

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