my care2
make a difference

community & fun

shares

share your passions, stories, inspirations, and more

Feb 4, 2009

The idea of an economic stimulus bill is to improve the state of the economy. One has to wonder what these provisions in ObamaÂ’s $900 billion stimulus package would do to help the economy:

  • $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient.
  • A $246 million tax break for Hollywood movie producers to buy motion picture film.
  • $650 million for the digital television converter box coupon program.
  • $88 million for the Coast Guard to design a new polar icebreaker (arctic ship).
  • $448 million for constructing the Department of Homeland Security headquarters.
  • $248 million for furniture at the new Homeland Security headquarters
  • $400 million for the Centers for Disease Control to screen and prevent STD's.
  • $1.4 billion for rural waste disposal programs.
  • $125 million for the Washington sewer system.
  • $150 million for Smithsonian museum facilities.
  • $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion.
  • $75 million for "smoking cessation activities."
  • $25 million for tribal alcohol and substance abuse reduction.
  • $10 million to inspect canals in urban areas.
  • $500 million for state and local fire stations.
  • $650 million for wildland fire management on forest service lands.
  • $1.2 billion for "youth activities," including youth summer job programs.
  • $88 million for renovating the headquarters of the Public Health Service.
  • $412 million for CDC buildings and property.
  • $500 million for building and repairing National Institutes of Health facilities in Bethesda, Maryland.
  • $160 million for "paid volunteers" at the Corporation for National and Community Service.
  • $850 million for Amtrak.
  • $100 million for reducing the hazard of lead-based paint.
  • $75 million to construct a "security training" facility for State Department Security officers when they can be trained at existing facilities of other agencies.
  • $110 million to the Farm Service Agency to upgrade computer systems.
In the free market, a company can only spend money on something useful. It is not profitable for a company to waste money on producing a useless product that nobody will use. For the government there is no incentive. It could spend $850 million on trains that nobody rides, and there is no consequence. Since the government cannot create wealth out of thin air, it has to be redirected out of the free market and into the hands of the government through taxes or inflation of the money supply. Government spending draws resources from productive endevours in the free market to wasteful government projects. This will only further weaken the economy. The key to fixing our economic crisis is to get money out of the wasteful hands of the government and back into the pockets of the American people, where their spending, saving, and investment will use it to stimulate the economy.

Imported from external blog


Visibility: Everyone
Posted: Wednesday February 4, 2009, 2:27 pm
Tags: [add/edit tags]

Group Discussions start a discussion
Comments
Or, log in with your
Facebook account:
Compose your comment and submit:




Author

Douglass G.
Author Tools:
Compose New Share
male, age 24, committed relationship
Indianapolis, IN, USA
DOUGLASS'S SHARES
May
28
(0 comments  |  discussions )
Many of the things I have seen from the start of the Obama presidency have seemed ripped right from the pages of my favorite novel, George Orwell's 1984. Propaganda stunts, the permission of torture and extended detention without charges, government ...
(1 comments  |  discussions )
The liberals are already turning on Obama, even quicker than conservatives turned on Bush. However, they really should have done so before the election–for example, when he voted in July to give telecommunications companies retroactive imm...
Apr
20
(0 comments  |  discussions )
The Federal Reserve has conducted stress tests on the United StatesÂ’ major banks. The results are ugly, and they donÂ’t want you to know about it yet. They wonÂ’t even admit they have the results, but they do, and no...
Feb
5
(0 comments  |  discussions )
In reference to federal raids on medical marijuana shops in California, White House spokesman Nick Shapiro said today, "The president believes that federal resources should not be used to circumvent state laws, and as he continues to appoint senior l...


SHARES FROM DOUGLASS'S NETWORK
Dec
5
by Road L.
(0 comments  |  discussions )
Mounting Debilities and Deaths from H1N1 Vaccine    "Seriou s side effects are now being reported around the world, from anaphylactic shock, to sudden blood pressure plunge, to death -- causing a sense of panic in those who got the sh...
Dec
4
by Road L.
(1 comments  |  discussions )
Setting the Precedent for Clean Energy Dear Eric, Carefully-site d offshore wind power can make a critical contribution to reducing global warming pollution and cleaning up our nation’s energy supply. As America’s first offshore...
Dec
3
(0 comments  |  discussions )
    & nbsp;    Happy  Birthday Terry,     & nbsp;   &n bsp;  You are the very Best!     & nbsp;   &n bsp;    Go...
Dec
1
by Road L.
(0 comments  |  discussions )
   Minerva Novoa,Advocacy  Web Administrator   A bill that would put credit card reforms in place now rather than in three months was just blocked in the Senate. So it's time to take the fight straight to the banks! Tell the...
Nov
28
by Road L.
(0 comments  |  discussions )
"Miscarriage reports from pregnant women who have taken the H1N1 swine flu vaccine are starting to pour in from all over the nation. Vaccines and pregnancy simply do not mix safely. In fact, the package inserts for the swine flu vaccines actually say...


MORE MEMBER BLOGS
Dec 5
Blog: USED vs LOVED by Neggyly R.
(0 comments  |  discussions ) — USED vs LOVEDWhile a man was polishing his new car,his 4 yr old son picked up a stoneand scratched lines on the side of the car. In anger, the man took the child's hand and hit it many times not realizinghe was using a wrench.At the hospital, the chi... more
Blog: Delain: Soft Voice & Loud Guitars by Past Member .
(0 comments  |  discussions ) — Delain is a Dutch Symphonic Metal band, which has been around since 2002, and is a project from former-Within Temptation's keyboardist Martijn Westerholt. Earlier this year, they released the album April Rain, which is even better than their previo... more
Blog: facts on god and people by Hey G.
(0 comments  |  discussions ) — this man who wrote about the holy spirit is golden in my 12 years of night watches.....for ever watching the spirit in the night....all the visions created in front of me night and day all over the usa and san diego where i live a tortured plaqued lif... more
Blog: the cutiest kitty ever by Mimi L.
(0 comments  |  discussions ) — http://www.care2.com/news /member/724859820/1322907 more
Blog: Internation Volunteer Day: Take Action! by Past Member .
(0 comments  |  0 discussions ) — Today, December 5, is International Volunteer Day. Have you ever thought about being one yourself? Volunteering is not only about going to developing countries to help people in refugee camps (which to me is stuff for heroes), but working in a char... more
 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.
Copyright © 2009 Care2.com, inc. and its licensors. All rights reserved