Stimulus vs spending

The difference between the Obama stimulus package and the Republican package is simple.

The Obama stimulus is two to one: Spending vs tax cuts.

(Or big government vs people in charge of their own money.)

The Republican stimulus would be two to one: Tax cuts to spending.


President Obama blames the recession on President Bush.
He forgets for six years Bush had a great economy -- Bush warned in 2002 that the problems of the mortgage had to be addessed -- until the out of control spending of the mortgage industry, giving unqualified loans to people who couldn't afford them, and unrealistic bonuses, caught up to them.

What about the Democrates loading this package big up with anit-global warming legistlation -- has is that going to help someone get a job?
Most of the money in this goes of construction which will only benefit a certain segment of the economy.
None of this bill addresses the credit issues of the car industry.
This bill doesn't loosen up credit markets enough nor does it put enough real money in people's pockets.

Obama calls this massive spending 'Direct Investments': spending is spending.
Unwise spending is terrible for the economy at this time.
The more the government spends on the more is has to pay back.
With the government spending so much there is that much money available to for the banks to lend.
The banks will have to get on line behind the government to get money to lend.

The economy will fix itself sooner or later, sooner if the government doesn't get in the way.