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The Stimulus Explained

1/12/09, 2:57 pm EST

Change.gov presents, the Stimulus:



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Comments

DirtyDennis | 1/14/2009, 1:16 pm EST

Greg,

You have opened up a whole area of exploitation for Bush apologists. Generally one counts the jobs created in THIS country. But that’s short-sighted. Look at ALL the happiness Georgie Porgie has brought to Asia, Latin America and parts of the former Soviet by outsourcing our manufacturing jobs.

And countless thousands of heretofore unemplyed Muslims are now actively involved in the military. They used to be called terrorists, but in the rewriting of history, they will be called freedom fighters.

With your new historical paradigm, we’re going to have to rethink a LOT that’s happened this first decade of the 21st Century.

Greg D | 1/14/2009, 4:13 am EST

Between the incoming troops to the civilian contractors inside and outside of Iraq it’s in the millions. There were and are over 100,000 civilian contractors in Iraq alone, then things had to be made shipped and repaired. Counting getting the raw materials to supporting all those people (such as people building houses and cars for the guys making the tanks) it adds up to millions. That 100 billion of dollars a year went somewhere and those dollars went back into the economy creating jobs. It was, in effect, a $1 trillion stimulus package. Now if $1 trillion can’t create millions of jobs, it’s hard to believe that $775 billion will create Obama’s number of over 4 million jobs.

Coach | 1/13/2009, 6:21 pm EST

Greg, the Iraq war created jobs for ‘millions of Americans’??? Millions?

Greg D | 1/12/2009, 6:31 pm EST

This is not a stimulus plan. It’s a spending shift. Nobody has yet to call the latest war in Iraq a stimulus package even though it provided jobs for millions of Americans. Now that the spending is winding down there, the money will now be spent on infrastructure here. This will not provide new jobs, but keep those that were making homes and other buildings from losing thier jobs for a couple more years. Then of course the money is suppose to be paid back through taxes at such a rate that it will hurt the economy in the future. Just printing money will cause hyperinflation.

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