Support the President's Stimulus Package

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goofyjim said:
I am saying that the taxpayers should get a rebate but the welfare recipients should not be lopped off in the process.
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Aren’t the welfare recipients already receiving tax payer money? If welfare recipients receive more, then ultimately my taxes are going to have to go up in order to fund that extra bonus. no?

That simply does not makes sense.
 
jrabs said:
Aren’t the welfare recipients already receiving tax payer money? If welfare recipients receive more, then ultimately my taxes are going to have to go up in order to fund that extra bonus. no?

That simply does not makes sense.
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But don’t decrease what they are getting just to fund a rebate. That would make them poorer than they already are. Maintain their sustenance level and give out the rebates. And then operate at a deficit.
 
I think the whole thing is desperate and off-the-wall. Both sides are crazy. To my mind, the Dems want to play Robin Hood, and the Republicans want to stimulate the economy by throwing more moeny at the problem.

IF I get a rebate, I am going to put it in a stock based Roth IRA.
 
How is this stimulus package supposed to help us actually? I get the concept of supply side economics, the more money there is, the more people will spend on goods and services. But considering the amount of goods that are IMPORTED into this country, how is this really going to make a dent anyway?

With the amount of imports and very few things that have the label: Made In The USA anymore. How effective can it be?
 
pprimeau1976 said:
How is this stimulus package supposed to help us actually? I get the concept of supply side economics, the more money there is, the more people will spend on goods and services. But considering the amount of goods that are IMPORTED into this country, how is this really going to make a dent anyway?

With the amount of imports and very few things that have the label: Made In The USA anymore. How effective can it be?
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That’s pretty observant. Instead of just giving money back, they should have reduced the current taxation rate for the new fiscal year, reduced spending ALOT, and put whatever money was left into education, business tax cuts and TEHCNOLOGY. Give AMD and like companies incentives to develop their multicore processors, issue “challenges” to technology based companies for solutions to problems.

There is nothing better to drive an economy than education, demand and innovation. Get people educated, give incentives for businesses to really compete, and push the envelope into new and exciting territory.

You will see when Intel releases their stable 45 nm revision quad core processor. Unless AMD hit a Hail Mary, it will be utterly crushed. Intel took an absolute BEATING from AMD in the early 2000s. Intel responded by DEMANDING of its scientists innovation and serious advancement. Intel hired more Ph.D.s in the last 6 years than it did in the previous 10 (or so they say). It cut its spending and production on other processors that were actually beating AMD’s comparable products (hence the reason i ditched my Xeons). In the end, Intel did what we should be doing, and will kick the snot out of AMD in 2008-2009.
 
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