Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (457994)	2/20/2009 10:11:33 AM
From: i-node	Read Replies (1) \| Respond to of 1573925

>> I think obama needs some time for some of this to work. Michael The president's negativity is a problem. But honestly, the stimulus bill was atrocious. It just isn't what is needed. They (congress/obama) pushed through this massive liberal agenda but failed to accomplish what was needed -- well-placed government spending that would bootstrap the economy. It really comes down the argument between CJ and me yesterday -- to stimulate the economy, what do you want to do -- stimulate business which will put some people to work, create productivity and put more people to work, creating an upward sprial, or do you just pay people to sit at home and consume. It is a classic liberal versus conservative point of view. You say I want to let them eat cake and that just isn't true. But I don't want them sitting at home watching Oprah. If the government is going to spend money it needs to get something in return. I am disgusted at the lack of infrastructure spending in this bill. Tejek was around here for days talking about how this bill would contain all this infrastructure spending and it turns out the amount is so low they have to combine it with "Science" to avoid embarrassment on the issue. I'm not of the mind the economy is beyond recovery, however, this bill does little. Personally, I believe our economy has shown itself time and again to be highly resilient, and I think we might have been better off without the stimulus bill. FDR's spending was very measured. This legislation was terrible.