Why the New Economic Stimulus Bill Will Fail

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Uploaded by on Sep 18, 2008

http://www.heritage.org/Research/Budget/bg2186.cfm

The new economic stimulus bill poses these three problems:

1) It increases government spending.
2) It increases the deficit.
3) The most expensive items are proven failures.

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  • (continued) have a yearly fund for paying the deficit, and i believe with cooperation between the parties we can make compromises and necessarily cuts, but without compromise what are we as a nation? we were built from compromise without it were just like the monarchy era British, or worse.

  • the best way to fix the economy that i believe people of both parties should agree is slashing UNNECESSARY spending and simplifying the tax code, if we fix the code there will be less loopholes, therefore more people pay their taxes (more of the rich notably) meaning more income, then with the spending cuts, by say... 3 trillion (back to bush era spending from 4 trillion to 1 trillion (if my sorcess are correct and unbias perhaps wrong but even so)) and pay our intrest rates down and

  • @StarSpanglishBanner: and yet the unemployment rate sits at 9.1 the highest sense the great depression.

  • @AtlasShruggery Fucking idiot. Yup, every Keynesian economist agrees that the stimulus saved millions of jobs.

  • One and two are the same thing... and neither are bad. Wow. Three is irrelevant. Oh wait... Did I just show up the Heritage Foundation?

  • @chevy490

    Were you homeschooled, Teabagger? Judging from your grammar, apparently so. Now, take your meds, turn off Faux News and go home to your parent's basement. But, please, stay away from the other children.

  • @AtlasShruggery millions lol...... your a dumbass...

  • Heh heh heh.

    Every nonpartisan economist agrees that the stimulus saved millions of jobs.

    Two years ago the GOPers at Heritage were still crowing about the Bush Boom.

  • (continued)...People do not look at the nation as something they they all should be a part in changing, but they look at it and try to change their own economy and do not care about anybody else. In a nutshell, America needs to work their asses off and stop being lazy.

  • I think we should have one year with no tax breaks or returns, and set laws where companies cannot lay off people for this reason. I know this probably wouldn't work in this power hungry world, but if we all worked together it might. That is something that America has been lacking lately.

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