Stop Hating on The Stimulus Package. We Need It!

February 9, 2009     Posted in Reality

uncle-sam-bruised-economy.jpgPresident Obama is slowly but surely losing support on his nearly $800 billion stimulus plan. Everyone is starting to hate!

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Now, I know this is a lot of money he is looking to spend, and I know that everyone is wondering where all this money is going to come from, but we kinda need all the help we can get, no?

I’m not going to pretend I am 100% educated on this plan; when it comes to economics, just the word gives me a headache (I’m a right brained kind of gal). I do know enough, however, to know that this country is in the crapper right now and there are quite a few things this stimulus could really help with.

So, here are a few reasons I’m in full support of Obama’s Stimulus Plan. Bring on the money!

1) I like shopping. I miss shopping. And I think all you ladies out there can agree that the current economy has put a damper on this venture. Even all those great sales are going un-shopped because I can’t even justify a sale purchase. Horrifying, I know.

2) I wouldn’t mind having a job after graduation. Don’t get me wrong – spending the next year watching The Real Housewives and eating popcorn on the couch sounds good, but I’m not sure my parents would agree. I just feel like I’ve been going to school forever, so, you know, having a job might make sense. Not to mention…

3) I have a ton of student loans to I have to pay off. How am I supposed to do that without a job or money?

4) 2 words: Britney Concert. I need some major funds if I wanna catch Britney live. And, duh, I do.

5)  Frankly, I’m sick of all the depressing news. Foreclosures, unemployment, banks closing… If nothing else, this little (ok, HUGE) stimulus package will add a little sunshine to a rather gloomy year. Normally I’d turn to beer for that, but – thanks to the recession – I can’t afford it.

20 Comments on "Stop Hating on The Stimulus Package. We Need It!"
  1. Amanda says:
    Mon, 9th Feb 200910:55 am 

    There are a growing number of economists who are saying that the best solution to this problem is to do nothing.

    My grandfather is an economist, so I ran this by him to ask his opinion…while he doesn't think that doing "nothing" is our best option, he did say that a good number of his work friends, and other economists think that this stimulus package in the long run is a horrible idea.

    It might be a short term fix for something, but when you're spending 800 billion dollars, do you want a short term fix or something that is going to stick in the long run? There's a reason it's losing support, it just doesn't seem like the best plan for our current situation

    I don't claim to know what is, because I am not even going to pretend I come close to understanding what I would need to know to suggest something like that…all I'm saying is that a better, more realistic plan needs to be drawn up…especially with more and more people losing interest in this plan as the days go on

  2. jodi says:
    Mon, 9th Feb 200911:10 am 

    I agree with Amanda on pretty much everything, but I would like to add that another problem with this short-term fix is that it won't even stay in the short term – parts of this bill won't go into effect until after the recession is set to end. To me, pumping money into the economy like steroids into a body-builder after the recession ends sounds like setting the stage for a huge bubble, like the housing bubble that's partially responsible for this mess in the first place. (Since the Dems were nice enough to let the GOP point and erase some of the "extras" in the bill, I'll compromise and not go on about the extreme amount of waste still in the bill.)

    I hear ya, tho… please, recession. Just end.

  3. Winnie says:
    Mon, 9th Feb 200911:28 am 

    I'm most worried about how we're going to pay back all the money that is being spent.

    “If you started the day Jesus Christ was born and spent $1 million every day since then, you still wouldn’t have spent $1 trillion.” -Mitch McConnell

  4. Jacks says:
    Mon, 9th Feb 200912:55 pm 

    Um.

    If you don't know anything about the stimulus package, why are you writing an article about it?

    Moreover, why did you even title this article "Stop Hating on The Stimulus Package" when your article has nothing to do with it? This article should be called "Wish list for a shitty economy".

  5. ashley marie says:
    Mon, 9th Feb 20091:42 pm 

    I don't know too much about economics either, even though I did take two courses on it, but here's what frustrates me when I hear about them not supporting the stimulus package. I don't understand why it is okay to spend $700 billion on big business, but not okay to spend $800 billion on the American people??? Seems like backward thinking to me, and it doesn't make sense whatsoever…

  6. jodi says:
    Mon, 9th Feb 20092:40 pm 

    Ashley marie, who's "them"? Personally, I feel like people who are opposed to the stimulus package are opposed to big government spending in general, which includes the bailout. But tell me who likes the bailout and not the stimulus bill and I will agree with you about their backwards thinking…

  7. emily says:
    Mon, 9th Feb 20092:44 pm 

    You don't know anything about economics.

    And you're making yourself sound quite stupid and ditzy in this article.

  8. snarktastic says:
    Mon, 9th Feb 20092:57 pm 

    to reiterate, because i love hating: you're an idiot. please don't try to explain economics when you're just as ignorant about the subject as big bird. how can you be "in full support" of something you don't even understand?

  9. Jennifer S says:
    Mon, 9th Feb 20098:21 pm 

    The stimulus package takes away more jobs than it creates. If we want to fix this problem we have to lower taxes, and even though Obama promised it, he’s not going to do it. All past Presidents have NEVER raised taxes during an economic crisis. Think about it.

  10. Karen says:
    Mon, 9th Feb 20098:20 pm 

    wow i love britney and all but i would prefer not to be stuck footing the stimulus bill for the rest of my life just so some people can go watch ms. spears lip sync for a few hours.

  11. LCallahan says:
    Mon, 9th Feb 20098:28 pm 

    you are stupid.

    1) if you saved some money and put some aside for fun, and spent some on neccessities… food, shelter and some clothing, you would have $$ for the great sales. This stimulus money is not Obamas personal money, or white house money or something!! its OUR $$! its taxpayer $! we will end up paying for this for the rest of our lives through taxes!!!

    i was going to keep arguing points with you, but i got to 4 and realized…

    you. are. a. joke.

  12. ashley marie says:
    Mon, 9th Feb 200910:16 pm 

    Jodi,

    By them, I meant the Republicans who were against the stimulus package.

  13. Arden says:
    Tue, 10th Feb 200911:57 am 

    Okay you really shouldn't start your article saying you aren't completely educated on economics. Economics and Political Science go together hand and hand. Even if "economics" gives you a headache you should educate yourself because it involves EVERY part of your life. Do you realize every $1 dollar that is put into the economy is taken from someone else? Either in the form of taxes or bonds? China already owns 9% of our Public Debt. And are things really that bad? Obama is using the same fear tactics BushII used (which he criticized). How many people do you know personally that have had their homes forclosed on? I know none. Even college students with credit cards know that if you have a variable interest rate it can get very high. So I should pay because someone else ignored this risk? Also, the unemployment rate includes people who do not want to work. Britney? Do you need her to survive? NO! Focus on the necessities. Other countries do not even have clean water and Americans are worried about ipods and concerts. I am guilty, but I know if it comes down to it, I can give them up. Please educate yourself on the Package and Economics before trying to sell your opinion.

  14. jodi says:
    Wed, 11th Feb 200911:25 am 

    Oh, so the fiscally conservative party has funneling taxpayer dollars into the growing debt of independent businesses as a priority on its platform?? Thanks for telling me, I’m glad that I can now officially cut up my Republican party membership card.

    Or we can all actually educate ourselves about what people stand for instead of pointing at the Republicans all the time.

  15. Andy says:
    Wed, 11th Feb 20091:45 pm 

    I like how you have this whole article about the stimulus plan and in the third paragraph you admit everything you say has no basis on fact. Tax cuts for corporations will do more for the economy then a stim pack.

  16. Heather says:
    Wed, 11th Feb 20099:49 pm 

    andy, lol you crack me up. im trying to remember when giving giant corporations tax cuts ever trickled down to me… and i still can't think of it.

    the bottom line is we need to create jobs, and the jobs obama will create will help to alleviate our dependence on foreign oil, and improve our infrastructure.

    doing nothing is not the answer right now. creating jobs, however, will put money back into the pockets of the american people, and give us things we need in the process. it just cracks me up how conservatives are responsible for so much of the national debt, but once a stimulus package for THE PEOPLE arises, suddenly we spend too much.

    the people need help, and that is the bottom line. while things have gotten worse for me, i feel extremely lucky that my worst problem now is the fact that i have no discretionary spending and im using toilet paper that is more like sand paper to save a few bucks. i know for other people it is much worse, as the food banks continue to run out of food.

    we are in a crisis now, and the most stupid thing we can do is to do nothing at all and let our economy continue to deteriorate.

  17. andy says:
    Thu, 12th Feb 200910:29 am 

    So my degree in economics cracks you up? If you want I can use a bunch of technical terms you wont understand. Tax cuts for corps will increase the multiplier effect much more than gov spending. Gov spending does not have the power to create as many jobs. How is Obama alleviating our dependence on oil? And this stim pack is for the poor-lower middle class. If by luck or hardwork you are above that then you are screwed. I'm sorry i don't want the government giving money that I work for to someone that doesn't work, period.

  18. Mandy - Hofstra says:
    Fri, 13th Feb 20098:32 am 

    Haha! You ALL crack me up!

    This was supposed to be light hearted and funny…try to lighten up guys. I realize this is a serious issue, but the whole point to laught a little. I promise..it helps.

  19. Yenny says:
    Sun, 25th Oct 20097:17 pm 

    i just hope that the economy would recover very soon because of the Stimulus Package given by the government.

  20. Gerald says:
    Tue, 10th Nov 20097:19 pm 

    i hope that those Stimulus Package coming from the government would really kick start the Economy. the economic recession has been very bad on my business. 1

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