America + Stimulus = Success!

Boone talks to Senate Majority Leader, Harry Reid who says that we need "serious effort" to move forward on heavy duty natural gas vehicles. Lets give another PUSH to the Senators to keep the stimulus package with incentives for alternative energy: call upon them now and go to PickensPlan.com/action!

Category:

Nonprofits & Activism

Tags:

• pickensplan
• senate
• government
• HarryReid
• naturalgas
• alternativeenergy

[ThunderheadNebula]

3/3

The simple reason government spending fails to end recessions is that Congress does not have a vault of money waiting to be distributed. Every dollar Congress “injects” into the economy must first be taxed or borrowed out of the economy. No new income, and therefore no new demand, is created. They are merely redistributed from one group of people to another. Congress cannot create new purchasing power out of thin air.

[ThunderheadNebula]

2/3

This is no longer a theoretical exercise. The idea that increased deficit spending can cure recessions has been tested, and it has failed. If growing the economy were as simple as expanding government spending and deficits, then Italy, France, and Germany would be the global economic kings. And there would be no reason to stop at $787 billion: Congress could guarantee unlimited prosperity by endlessly borrowing and spending trillions of dollars.

[ThunderheadNebula]

1 /3

nrd.nationalreview com/article/?q=MTViNmZiZmQ4NmM­xM2Y5NmEzNWIwYWRmNmNhMWJlY2I=

$787 billion (actually $862 B) “stimulus” a flop. In a January report, White House economists predicted the bill would create (not merely save) 3.3 million jobs. Since then, 2.8 million jobs have been lost, pushing unemployment toward 10 percent.

[kentuckyboi777]

Mr. Pickens ... I agree that we need to stop buying foreign oil and start running our trucks on Natural gas but the main thing is that jobs have to be created here in America and I believe manufacturing wind turbines in the U.S. is the key there.

[bar730]

Sorry Boone I love ya but I can not support you on this one....No stimulus!!!!

[PaulNiehausIV]

Booooooooooooooooooooooooooone­

[voyeurdug]

My Senators are both Republicans, and they are being obstructive. My emails got automated replies. My Congressperson is a Democrat, but not e-automated. Yet.

[FarFromEquilibrium]

This stimulus package is a friggin disaster. I agree we need natural gas incentives, however including that in a dollar crushing fiscal catastrophe, as that is what is being crafted, is not going to help much. If this bill was reduced about $500billion of the garbage, and methane development was included, that would be great.

Boone, you are a great man and right on but this congress is a financial planning disaster. Ill sign whatever petition you have but I expect failure from this congress.