blind_assassin wrote...
And are seriously swiping at Obama for doing what every fucking country on the planet that has currency and an economy is doing? The US has the most expensive stimulus because the US got it by far the worst. The only reason that other countries are being affected by it is because their banks went up to US ones and said "Can we get in on this action?" and loaded up on problems and bad loans. In theory it was possible for only America to be in trouble here, although in practice it clearly didn't work out that way and never would have without foreknowledge.
Lets ignore the fact that the United States is projected to have a $1.2 trillion deficit by the end of this year, even though the "stimulus" is estimated to cost 1 trillion dollars even if I overestimated it a little bit. That is still hundreds of billions of dollars being spent
THAT WE DON'T HAVE. Money works the same way no matter who holds it. I can't go into debt and keep spending money and magically get out of debt.
The "stimulus" which is barely doing anything besides funding "pet projects" for senators is as big as the entire federal deficit ($1.2 trillion this year). Money works the same way in my hands as it does in the governments hands. I can't spend my way out of debt and neither can the government. My money was near worthless before the Government decided to print billions more and lower the value.
A lot of the actual "spending" in the "stimulus" is junk that wouldn't help the economy. Whatever, if the economy is going to collapse unless people get their digital converters or get screened for STD's then this place sucks enough that is needs to collapse and start over.
$2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient.
A $246 million tax break for Hollywood movie producers to buy motion picture film.
$650 million for the digital television converter box coupon program.
$88 million for the Coast Guard to design a new polar icebreaker (arctic ship).
$448 million for constructing the Department of Homeland Security headquarters.
$248 million for furniture at the new Homeland Security headquarters.
$600 million to buy hybrid vehicles for federal employees.
$400 million for the Centers for Disease Control to screen and prevent STD's.
$1.4 billion for rural waste disposal programs.
$125 million for the Washington sewer system.
$150 million for Smithsonian museum facilities.
$1 billion for the 2010 Census, which has a projected cost overrun of $3 billion.
$75 million for "smoking cessation activities."
$200 million for public computer centers at community colleges.
$75 million for salaries of employees at the FBI.
$25 million for tribal alcohol and substance abuse reduction.
$500 million for flood reduction projects on the Mississippi River.
$10 million to inspect canals in urban areas.
$6 billion to turn federal buildings into "green" buildings.
$500 million for state and local fire stations.
$650 million for wild land fire management on forest service lands.
$1.2 billion for "youth activities," including youth summer job programs.
$88 million for renovating the headquarters of the Public Health Service.
$412 million for CDC buildings and property.
$500 million for building and repairing National Institutes of Health facilities in Bethesda, Maryland.
$160 million for "paid volunteers" at the Corporation for National and Community Service.
$5.5 million for "energy efficiency initiatives" at the Department of Veterans Affairs National Cemetery Administration.
$850 million for Amtrak.
$100 million for reducing the hazard of lead-based paint.
$75 million to construct a "security training" facility for State Department Security officers when they can be trained at existing facilities of other agencies.
$110 million to the Farm Service Agency to upgrade computer systems.
$200 million in funding for the lease of alternative energy vehicles for use on military installations.
It was more than just a swipe at Obama. It was a swipe at the politicians in Washington who claim to be champions for the "little guy" and yet earn 6 figure incomes ($165,000) for their jobs while middle class America gets around 50k a year
Overall, I agree with projects like repairing bridges, making government buildings "green" or more energy efficient which saves money in the long run. Hell, if I had my way every government building would have solar panels (where it would be effective). Tax cuts across the board rather than the government spending. The 500 a head is 'okay' for the moment but, my principals are that Government should only give it's people Protection from force or fraud (Cops, Military, Courts). While the rest should be left up to the individual state governments or in the private sector. A lot of this is just pure junk. The actual paper for the "bill" being passed in the Senate is 900 pages and weights 11lbs. I feel the need to buy a the worlds largest pig and write "Government spending" on the side of it to drive my point.