I thought he hadn't spent much of the stimulus yet? Is it all gone? Why can't the $50 billion come from there?
Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville
Lots of companies have lots of cash on hand, and they aren't hiring. It would make no sense to hire people before you need them, and that hasn't been the case yet. We need consumers, and hopefully those of us with money to spare will start spending it, creating more jobs in the process. Consumerism has created more jobs than tax breaks ever will...
Oracle of Utah
Truth rings hollow in empty heads.
I'm disappointed with the low quality of posts in this thread. This is an important subject, and merits more than "those Democrats are skanks. I'm votin' for Sarah Palin!"
America is heading into a depression which will be complicated by environmental tragedies. A major stimulus is needed NOT to help the economy grow (which it will never do, and shouldn't be allowed to do), but TO KEEP AMERICANS FED AND HOUSED.
This will require the largest transfer of wealth in American history, from private hands to public works projects. And rather than building highways and airports, it has to be all about downsizing America's resource needs. This can be done by investing in rail, water transport, high density low-rise housing in tight urban areas, the return of small family farms.... etc.
It will cost the rich their current lives of boundless consumption. But without this kind of change, America - and perhaps the world - is finished.
Reducing an issue of this kind of seriousness to partisan soundbites about your favorite political football team (red or blue) demonstrates the need to invest in education as well.
Mind you, I'm aware that cuts to education have been part of the way the rich have taken from the poor as well.
we love the material idols on TV and never question the division of labor that ruins our daily lives
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911