We’re all seeing the trend, and to say “I told you so” won’t do any good. The upcoming Obama administration is making a big deal about the proposed stimulus package – government spending – estimated to be between $650 billion and $850 billion designed get the economy moving again while taking more cash and freedoms away from the American people.
This spending is not guaranteed loans that may or may not be paid back, this spending represents dollars being stolen out of our pockets and redistributed by political graft. Spending money like this at the federal level is wrong, unconstitutional and immoral.
Fill in the blank with your favorite state, municipality, retail organization, bank, homebuilder, aircraft manufacture, airline or any other group and you’ve got enough stories to fill column inch after column inch for months.
- Minnesotans line up for a stimulus shot
- Retailers want in on stimulus plan
- BAM plan could buck up the MTA
- Retailers looking for a piece of the federal stimulus plan
- Federal stimulus plan could help shrink N.Y.’s budget gap
- Groups send wish lists for economic bill – shoe manufactures and aviation businesses
- How can the stimulus package help the Internet
- How the Obama stimulus plan may help environmental projects
- Small businesses await stimulus, tax changes in the new year
- Obama plan could speed Ky., Ind., road projects
- New Albany’s future tied to Obama’s stimulus plan
- Local governments vie for stimulus money
- Why Obama’s stimulus plan should include clean tech start ups
- Bonita hopes to cash in on Obama’s stimulus plan
- Caterpillar, Manitowoc Advance on Obama Stimulus Plan
- NH state agencies compiling wish lists
There are plenty more.
But there is no need to worry, the O’Biden administration is going to ensure there is no waste.
Vice President-elect Joe Biden said recently that the new administration hopes to create or retain 3 million jobs over two years, more than the 2.5 million originally proposed. He also said the White House will work to keep the stimulus free of waste.
“Every dollar will be watched to be sure it’s used in an effective manner,” Biden said before he attended a briefing from economic advisers this month. “We’ll spend what we need to turn this economy around and no more.”