President Obama ran on a platform of Hope and Change. From the details of the National Bankrupt the Nation Act of 2009, sometimes called a “stimulus” bill, we can now see who gets the change:
“Q: What are some of the tax breaks in the bill?
A: It includes Obama’s signature “Making Work Pay” tax credit for 95 percent of workers, though negotiators agreed to trim the credit to $400 a year instead of $500 — or $800 for married couples, cut from Obama’s original proposal of $1,000. It would begin showing up in most workers’ paychecks in June as an extra $13 a week in take-home pay, falling to about $8 a week next January.”
Thanks a heap!
From two Happy Meals this year to one next January. At least worldwide sales at Mc D’s were up 7.1 percent last month. Now that Disney has acquired Dreamworks. more chances for movie cartoony characters served with your fries. This is truly Hope and Change.
Fear not; your Republican buddies kept out of the package the controverted spending on school construction.
After years of Reagan, Bush I and II, oi polloi will remain content with a little bit more of bread and circus.
How did “the Republicans” keep anything out of the bill? They weren’t in conference on it, and Snowe, Specter and Collins aren’t exactly doctrinaire conservatives.
I’d have been perfectly content with the bill had there been more actual job creation, regardless of whether it involved spending or tax cuts. The infrastructure stuff is great, not to mention overdue. But there’s too little of it, and too late to do much. Frankly, there’s precious little stimulus in all the spending, however meritorious much of that spending may be to help those who are down and out. And there’s precisely squat being done to address the mortgage crisis at the heart of our current troubles.
Mark,
While I have no problem, in general, with school construction, I am dubious that it should be included in a stimulus bill. Is there any other economic stimulus other than a few construction workers getting a job for a year or so building or renovating, and then being out of a job when the funds run out? Much of what I’ve seen in the package should create a bunch of short term jobs, but it doesn’t seem to me that those jobs will last in the long term without future governmental spending on the same proportions we’re seeing now. Am I missing something?
Mark DeFrancisis,
It’s that simple, right? Republicans don’t want schools built. Of course – so simple, and dovetailing nicely with the MSM narrative.
Allow me to translate: School construction = make-work jobs for union tradesmen at an exorbitant cost. Union tradesmen that would do half the work at half the quality as a struggling crew of Polish immigrants. But hey, Dems are for the little guy, right?
Thanks for regurgitating what the MSM told you. I needed this line of crap warmed up.
daledog,
I worry about you. Have you talked to your doctor about high blood pressure or hypertension?
Daledog and Mr. DeFrancisis, keep it civil please.
Mark,
Witty comeback.
[…] to the “Stimulus” bill as the Bankrupt the Nation Act of 2009 here, here, here, here, here and here. Now we have Senator Judd Gregg (R., N.H.), the man who Obama wanted to be […]