Elections are an emotional event not a logical one. The times and the experience of the American people dictate the winds of "change". I'd like to remind you, especially the supposed conservatives in Congress that 52 Million people voted for John McCain and did so based on his common sense plans for the economy. Now, while I feel personally that the best thing our government can do to help our economy is to stay the hell out of the way; some form of stimulous (aka SPENDING) bill will come out of this congress. Our government (in particular the democratic majority) caused this problem in the first place with their ill-fated pushing of regulations on the mortgage industry.
I'm not an economist but there are a pew (sic) things in this bill that I have a tough time seeing will get us back to work.
A. 42 Million for soding of the National monument park
B. 64 Millionn for Contraceptives for lower income
C. 600 Million for Hollywood Movies
etc. etc.
It seems to me that when money and jobs are scarce the last thing in the world we should be doing is SPENDING MONEY!. Almost everyone agrees that one of our biggest issues is people not being able to pay mortgages and that individuals are saving rather than spending. HUh.... we'll let's apply some common sense to this whole thing shall we?
1. Who creates the great majority of jobs? - small businesses - well let's pass a bill that credits each business; based on the number of jobs provided to documented Americans; a percentage tax break OR if we're so hell bent on throwing money out of the treasury.. GIVE them a dollar amount instead of a credit.
2. Create a mortgage insurance program that each person can pay into so that if their employment position is eliminated they will have something similar to "unemployment" that will apply only to their rent or mortgage. That way we're not simply throwing a figure out there to the banks and hoping it will do something.
Its time we begin thinking like the intelligent people we hope we are and come up with some REAL solutions.
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