The Stimulus Plan

Ok, ok, if you have been watching the news and reading the paper, lately you've noticed that there is a buzz about the Stimulus Plan. The plan states that $37 billion will be given to the public works spending (infrastructure), $6 billion for jobless benefits (unemployment), $15 billion to help states pay for Medicaid bills, and $3 billion in food stamp assistance.

Now I having mix feelings about this. I'm thinking, this is great! Give out money so the American people can spend more money. More money is being spend, more the companies can open more job opportunities for many jobless people. This is cool! The stock market can finally sleep like a baby at nights. I mean, didn't Freddy Roosevelt almost did the same thing when our nation was under the great depression. Put some money in to get some money out. And it worked!

However, this is the second Stimulus Plan! Or did we forget that our beloved George "I'm-A-Dumb-Cowboy" Bushed passed at 2001? Oh yes, it was passed and a lot of American people DID NOT spend the money! They saved it! Cause who can blame them? Nobody wants to spend money when the economy is not prospering. Duh!

So will this plan work as President Roosevelt solution or will it fail like President Bush? I really can not say. It's more of wait and see. I hope it works, because again, more spending, more job availability. More job availability, the less stressful it will be for looking and getting a job.

Then again if it does work, this means my blog have no importance any more! Nnnnnnnooooooo! Haha!