Seeking Alpha

gordontravels » Comments » Single Comment |

  • Why a Spending Bill Just Won't Cut It [View article]
    I notice that some here place their arguments for and against on economics. One says the best economists are on this along with the President. I believe that. However... the President didn't write this bill.

    Nearly 700 pages. Original written by the Democrats in the House with Nancy Pelosi saying, "We won the election, we will write the bill". Not one Republicans voting for the House version and although I'm not a Democrat or Republican but Non-Partisan I have to believe that this side thinks this will do it and that side thinks it won't. I don't see these people as good vs. evil but rather many people that really don't have the expertise to deal with the economy unless they listen to someone that thinks they know... maybe from a partisan view i.e. political.

    Now we have a bill with maybe a few more changes to come. Why changes? If this doesn't work it is a Democrat Bill signed by a Democrat President. I have no doubt at all... we will need more stimulus plans. The people have spoken and they don't like what's going on so... imagine if this doesn't work. Where will support be when the next "catastrophe stopping" bill comes up? The President is roughly at 65% yay with the people now. What about then?

    Katy is right. I say:

    Pay off the states deficits and let them know with that clean slate... NO MORE.

    Yes I'm sorry but shore up our financial institutions because we need them to survive.

    Give the American Worker a year off from payroll tax.

    Give the in trouble home owners one year off from mortgage payments and tack it on at the end of the mortgage.

    If you want to use the word "spend"? Spend on job creation for jobs that will produce and last beyond the handout. Each and every dollar.

    OH AND... maybe some strict oversight? Ok, Ok... check in now and then.
    Feb 08 16:22 pm |Rating: +4 -1
All Comments by gordontravels »
Comments by Ticker
gordontravels'
Comments Stats
8 comments
Rating: 3 (5 - 2 )