Obama's stimulus plan should greatly help cities like Elkhart that have been badly affected by this economic downturn. If Obama is as successful with this campaigning as he was with his election campaigning, he should have more than enough support for the plan to pass. According to a recent Gallup poll, he is already working his magic, and has already boosted support on Tuesday from 52% to 59% from a week back (as in this recent Tuesday the 10th, approval was 59%, and the Tuesday before that it was at 52%)[3]. If it takes Obama a week to raise support by 7%, he probably won't have too much to worry about, in terms of support for the stimulus plan at least.
- OR -
Obama's Economic Stimulus Plan is funding for a secret government mind beam to allow Obama to know what we are thinking - it IS abbreviated ESP.
Sources:
- [1] City's information for us and them.
- [2] Unemployment; etc..
- [3] Stimulus package support
3 comments:
Can someone explain how the stimulus is supposed to work when it gets money either from the taxpayers (hmm haven't seen many tax increases lately and we always run a huge defecit), by borrowing (we already have a huge national debt; is China going to keep lending us money?), or by printing money (hello inflation!) ????????
going by what we learned in economics today I have to say no matter what he does, it would work. There was no way that he could lose in a purely economic stand point. I guess we will see what happens.
Elkhart has it hard. Unempolyment from 4.7 to 15.3 in place so much smaller than San Mateo is really bad. Hopefully, Obama's plan will follow through. I was actually reading this article on yahoo on how the government stimulus plan will affect us. The 8 trillion dollars is suppose to give us tax breaks that will help families send their children to college, buy new cars and homes or make them more energy efficient. According to the article, Americans are suppose to see a 13 dollar increase in their paychecks, starting around June. The plan also follows through with the poor, higher education, police, enviornment, national debt, schools, energy, infrastructure, health insurance and taxes. As Mr. Corti said the other day, we'll see in two years or so later how the plan worked. As of now, we're all just crossing our fingers and hoping for the best.
If anyone is interested in the article I was looking at, heres the link: http://news.yahoo.com/s/ap/20090214/ap_on_go_co/stimulus_stakes_who_gets_what
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