Democrats

American Politicians Need To Better Consider Stimulus Actions

January 27, 2008 ⋅  E-Mail Article ⋅  Print Article ⋅ Post a comment

Rather than give us $600 one time why doesn’t the Government do more to give us jobs which gives us $600 every week? Are we subsidizing China’s purchase of the United States? Take the recent economic stimulus plan for example and then answer my question. The American economy is struggling because Americans are not buying, the American Governments’ answer is to give us all some extra money in the hopes we will spend it right away. Where is the money coming from the Government wants to give us? It is coming from the National Debt, and who buys the National Debt? China does. And with 40% of American goods purchased made in China where do you think the money they are basically loaning us is going? You guessed it, right back into their economy in China. It’s like a double dip at American taxpayer’s expense. China makes money on the debt they buy and the money they are basically loaning us is most likely used to buy Chinese products which just sends more of our money back to China. China gets the money they loaned the U.S. Government and the money you spend on Chinese products and what do Americans get? They get a larger National Debt and a television for a few years but once we have all spent our $600 or $700 we are right back in the same predicament plus the addition of a few hundred more billion to our National Debt. Rather than give us $600 one time why doesn’t the Government do more to give us jobs which gives us $600 every week? The answer, they will not. See the American Government is so used to covering up their mistakes by selling debt to foreign countries; they never think their payment will come due. However, foreign countries are now affecting American policy by calling in markers on this debt and by pressuring us by making us believe they will not buy our debt and this is where the danger of selling our debt to foreign countries occurs. It’s like being in debt with a loan shark, you pay whether you can pay or not. My thought would b to instead take the couple hundred billion and create some domestic jobs, hire additional teachers, more police and firemen, more free doctor clinics or social help facilities, don’t we need these services and these jobs much more than imported Chinese led filled toys and electronics? Let’s do something right for a change and make the right decision to force our Government to spend on infrastructure and domestic job creation, not a second hand hand through that passes through our hands and into the hands of India and China. Let’s do the right thing for us and our children.

What do you think? Do you want jobs or more cheap imports?

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