Sunday, March 15, 2009

It's Doing its Job

Drastic measures need to be taken to improve the United States economy. The stimulus package is the first radical step in attempting to recuperate it. This fix cannot be done with just one bill or portion of money, but this package approved by President Obama is a good place to begin. This is not our saving grace and it is not perfect, and the American people should know that before they criticize it.
If it does its job it will put money in the peoples pockets who need it most, get more money to state governments, and provide jobs through construction projects. It is very important that each state gets some portion of the money, “to make sure that they don't have to either have big tax increases or lay a million people off. Either one, in this economy, would be bad.”1 It has already been shown that the stimulus package will do its job. The saving of 25 jobs in Ohio has been traced directly back to the spending of the stimulus money. If this is true then they are the first of the “3.5 million jobs [the stimulus will save or create] within the next two years.”2
The stimulus is just a quick fix, but I believe it is necessary. It will keep the fire from getting worse, and once it stops calming flames, we will have to come up with something new to fix our problems.


Sources:
1.
http://www.cnn.com/2009/POLITICS/02/18/king.clinton.transcript/#cnnSTCText

2.
http://www.cnsnews.com/public/Content/Article.aspx?rsrcid=44618

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