Politics
Politics
Out of context: Reply #9489
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- johndiggity0
my point is that the bush stimulus check for roughly the same amount did nothing to jumpstart the economy, so not sure why obama thought giving incremental payments for the same amount would have a vastly different effect.
the effect of the stimulus in the first place was not to prop up ailing state and local governments. it was to stimulate economic growth and spending. in fact a report from the center for economic policy and research says that state and local budget deficits to the tune of $100 billion a year will offset the stimulative effect of the president's american recovery and reinvestment act. dollars used to cover deficits will have no stimulative effect.
- Well OK...but you said two posts up you wanted him to send a "check to the public"ukit