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Bill Beach on Pros and Cons of an Economic Stimulus Package

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Uploaded by on Jan 16, 2008

Rep. Baron Hill (D-Ind.) asks Bill Beach, director of the Center for Data Analysis at The Heritage Foundation, about the pros and cons of an economic stimulus package. Beach testified on Jan. 16, 2008, before the Joint Economic Committee of Congress.

http://blog.heritage.org/2008/01/16/what-should-congress-do-to-avoid-a-recess...

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  • what's the backup plan if this stimulus plan fails?

  • Wow! and Italian company just bought up 35% of Chryslor. Our government is so business hostile that companies can't make in America. This is what the problem is. Pelosi is out to save the environment and does not give a damn whether we have gdp or not. She is evil and needs to go.

  • our president has to be retarded. our government is in deficit and they're giving us money they don't have, using credit, so we can buy goods that are made in another country like china because nothing is made in the united states. how about doing something intelligent like repairing our infrastructure with this money and using american products and workers to do this?

  • This ESP of 2008 can't hurt anyone of us... only help. First off, NWO5000, the money is coming from the government's T-bills which China buys from us, so no the government has not stolen it. I would like to say that each person getting 600 USD will boost the economy because everyone will go spend it which will help our economy rebound. If people don't spend it then it still doesn't hurt anything (except our budget deficit which we won't pay back anyways). SO BE HAPPY

  • ...what's $600 to someone to OWES the IRS $3000 a year, when they make $22k? I spent probably $600 more this year in GAS alone in my truck.

  • the economic stimulus package looks to good to be true.Where is the money comming from?Probably the government stoled money from Iraq.I stopped beleiving in the government along time ago.I suggest you all to stop buying in the US.

  • What's a $1.25 billion stimulus package going to achieve that an almost $1trillion stimulus package in Iraq couldn't?

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