Look What's in the Stimulus Bill

[cobra de capell]

Look What's in the Stimulus Bill

So, a BO and friends go around stating that Republicans are outraged by a tiny portion of the pending Stimulus Bill, keep this list in mind - the listed items are no so small, afterall.....

VARIOUS LEFT-WINGERY:

1. $50 million for the National Endowment for the Arts

2. $380 million in the Senate bill for the Women, Infants and Children program

3. $300 million for grants to combat violence against women

4. $2 billion for federal child care block grants

5. $6 billion for university building projects

6. $15 billion for boosting Pell Grant college scholarships

7. $4 billion for job-training programs, including $1.2 billion to provide “youth” summer jobs for people up to the age of 24

8. $1 billion for community development block grants

9. $4.2 billion for “neighborhood stabilization activities”

10. $650 million for digital TV coupons, including $90 million to educate “vulnerable populations

POORLY DESIGNED TAX RELIEF:

11. $15 billion for business-loss carry-backs

12. $145 billion for “Making Work Pay” tax credits

13. $83 billion for the earned income credit

STIMULUS FOR THE GOVERNMENT:

14. $150 million for the Smithsonian

15. $34 million to renovate the Department of Commerce headquarters

16. $500 million for improvement projects for National Institutes of Health facilities

17. $44 million for repairs to Department of Agriculture headquarters

18. $350 million for Agriculture Department computers

19. $88 million to help move the Public Health Service into a new building next year

20. $448 million for constructing a new Homeland Security Department headquarters

21. $600 million to convert federal auto fleet to hybrids

22. $450 million for National Aeronautics and Space Administration

23. $600 million for National Oceanic and Atmospheric Administration

24. $1 billion for the Census Bureau

INCOME TRANSFERS:

25. $89 billion for Medicaid

26. $30 billion for COBRA insurance extension

27. $36 billion for expanded unemployment benefits

28. $20 billion for food stamps

PURE PORK:

29. $4.5 billion for U.S. Army Corps of Engineers

30. $850 million for Amtrak

31. $87 million for a polar icebreaking ship

32. $1.7 billion for the National Park System

33. $55 million for Historic Preservation Fund

34. $7.6 billion for “rural community advancement programs”

35. $150 million for agricultural commodity purchases

36. $150 million for “producers of livestock, honeybees, and farm-raised fish”

RENEWABLE WASTE:

37. $2 billion for renewable energy research

38. $2 billion for a “clean-coal” power plant in Illinois

39. $6.2 billion shall be for the Weatherization Assistance Program

40. $3.5 billion shall be for energy efficiency and conservation block grants

41. $3.4 billion shall be for the State Energy Program

42. $200 million shall be for state and local electric-transport projects

43. $300 million shall be for energy-efficient appliance rebate programs

44. $400 million for hybrid cars for state and local governments

45. $1 billion for the manufacturing of advanced batteries

46. $1.5 billion for green technology loan guarantees

47. $8 billion for innovative technology loan guarantee program

48. $2.4 billion for carbon-capture demonstration projects

49. $4.5 billion for electricity grid

REWARDING STATE IRRESPONSIBILITY:

50. $79 billion for State Fiscal Stabilization Fund
_____

#31 $87 million for a polar icebreaking ship - Hmmm.....now that will create a lot of jobs (/s)

After reading the list, do you feel stimulated?

[cobra bill]

Well that's a fine list, and so let me see. your problem with it, is it will go to hire people to do all those projects? How could we? this money should be going to bail out the fat cats that got us into this mess in the first place! You know when government bailout money starts to reach the people that are effected most by all of this mess, that's where I draw the line, Damn you Barrack Obama for thinking of the working class!!!!!

[cobra de capell]

Geez, always posting the liberal point of view - do you have a direct line to BO?

Let's just take the first one "$50 million for the National Endowment for the Arts" How does that create jobs for the working class? .

[Ron61]

If Al Gore is to be believed why do we need to waste all that money for this? #31 $87 million for a polar icebreaking ship - Hmmm.....now that will create a lot of jobs (/s)

Wait a year or so and the ice will melt. Gore has said so therefore it has to be so. Now that is definitely thinking of the poor working people.

Ron

[vector1]

in an interview on tv bo said the add-ons amounted to approx 1% of the package?

[427 S/O]

#9 is non other than 'ACORN', IOW, 4.2 bil. to register illegals and promote liberalism.

[Bobcat]

It appears to me that this is more of a work bill instead of a job bill ... and there is a difference . Raking leaves is work , but isn`t a permanent job . What I see is a lot of works projects , but very little that creates/stimulate new Job growth ... which is essential to turning things around .
Looks like to me that a lot of those projects will be a massive drain on the economy in the future .
For example , I fail to see how increasing Pell grants creates jobs ... it creates ( hopefully ) graduates who need jobs . Construction jobs ? They vanish after the project is over. Sorry , this just appears to be all smoke and mirrors to me .

[cobra de capell]

Originally Posted by Bobcat

It appears to me that this is more of a work bill instead of a job bill ... and there is a difference . Raking leaves is work , but isn`t a permanent job . What I see is a lot of works projects , but very little that creates/stimulate new Job growth ... which is essential to turning things around .
Looks like to me that a lot of those projects will be a massive drain on the economy in the future .
For example , I fail to see how increasing Pell grants creates jobs ... it creates ( hopefully ) graduates who need jobs . Construction jobs ? They vanish after the project is over. Sorry , this just appears to be all smoke and mirrors to me .

Right on the money - basically, a stimulus is something that puts millions of people back to work and adds volume to those who are still working so that more people need to be hired. Therefore, tax cuts all around - especially for business - also, capital gains - eliminate the tax for 1-2 years.

Basically the current version of the stimulus bill is a 'projects' bill with a political slant. Not much work involved just a lot of payback to those that supported the Democrat party. Of course, over time 'projects' will start and provide work for some but not in the millions as projected and not within the next year or so.

If this bill passes, BO will sink in 18 months and end up a one term President - actually, not a bad goal - but, America will also suffer - so, kill the bill as written.

[427 S/O]

There is currently a 'fall back' bill for 174 bil..... 100 bil. in tax breaks and 74 bil. in infrastructure. Rasmussen poll has the 900 bil. -/+, at more than 50% against. We'll see?.

[Fred Douglass]

....that arrogant fraud, Obama yesterday mocked people who were criticizing the colossal spending and "pork" in this so-called "Stimulus Bill". Apparently someone asked him why the bill was so full of spending, etc. and Our Great Leader sneeringly said (words to the effect):
"It's a STIMULUS bill-----stimulus bills are SPENDING bills!"

Well, no O-Genius----the ONLY goddamned thing which has worked (at least four times this century) is CUTTING TAXES! That's right----cutting taxes stimulates. Nothing else has seemed to work. Check out Morganthau's lamentation about the "New Deal". He yammered something about all FDR's (and his) measures MADE THINGS WORSE!

You cut taxes (on individuals AND corporations) and PRESTO! jobs suddenly increase, as does income, as does money coming in to the Fed/Gov! Duh!

Maybe Wonderboy should have read some history instead of all those law-books.

Methinks the "honeymoon" is over!

Chow,

[427 S/O]

.........Methinks the "honeymoon" is over!......You thinks right Freddie, Looks like they passed the 'monster spending' last night. Not only will it 'not' work, just wait for the fraud, which will happen. I'm disgusted..........

[TButtrick]

I've never read so many opposing theories on any given subject than whether tax cuts would stimulate an economy. The last big tax cut I remember was in 2001 to the tune of $1.3T dollars. The GDP, income and jobs stayed way below average as a result.

[392cobra]

Originally Posted by TButtrick

The last big tax cut I remember was in 2001 to the tune of $1.3T dollars. The GDP, income and jobs stayed way below average as a result.

I think old age has screwed up your memory.

[TButtrick]

Originally Posted by 392cobra

I think old age has screwed up your memory.

You're right. It was $1.35T not $1.3T

http://archives.cnn.com/2001/ALLPOLI...07/bush.taxes/

...and here is a perspective on how well those tax cuts worked.

Distributional Effects of the 2001 and 2003 Tax Cuts and Their Financing

[392cobra]

Vocabulary word for the day: Liquidity




Liquidity: When you look at your investments and wet your pants.

[427 S/O]

Dats' right Fred, better have lot's of it..........

[Fred Douglass]

....it's only a bare simple* majority of the sheeple who want to live off the other half. In fact, some of the the former are so stooooooopid (and resultingly ignorant) they don't know where the FedGov gets all this money! Mana from Heaven, me arse!!!!

Gibbon's "Decline and Fall of the Roamin'** Empire" pointed out that eventually, half the Romans were working to support the other half. Some earlier genius (I think it was Aristotle) predicted that once the lower classes were given the vote, they'd use it to rob the upper classes. This Dumbocrat monstrosity is being pushed hard (like a car-sales huckster's "Hurry up! This car won't be on the lot tomorrow!") by essentially 30% or so of the electorate and their reps. It will "Europeanize" (and therefore destroy) what's left of freedom in this country. Remember "freedom" nowadays is equal to your own money.

Wait 'til the Obamistas sober up in the morning!!!! Ar-ar-ar-ar. "YAYYYYYYYYYYYYY! We Won...(pause)...HUH? WHA' HAPPENED?" Of course, they'll blame it on Bush. After all, the daily weather's imperfections and all known diseases are his fault...........ar-ar-ar!

Meanwhile, legions of sloths are piling into the wagon.....

Pity the poor post-Boomers. Pity their great-grandchildren (even if they aren't around yet!).

*pun intended
**one of my students coined this beyoodie!!!

Chow,

[map]

[cobra de capell]

Needs 0bama in the Mussolini pose...

[Bobcat]

And you know what happened to Mussolini .