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Thread: Obama ready to sign another stimulus bill

  1. #1
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    Default Obama ready to sign another stimulus bill

    President Barack Obama is set to sign a $24 billion economic stimulus bill providing tax incentives to prospective homebuyers and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery.

    http://www.capitolhillblue.com/node/20160

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    Senior Member Gerry Clinchy's Avatar
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    See "housing market" thread, Roger.

    They tacked the housing thing onto the unemployment extension, since (according to the real estate source), the White House was "lukewarm" about extending the housing credit.

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    Senior Member Bob Gutermuth's Avatar
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    The last stimulus is breaking the country, unemployment is getting worse and we need another porkulus plan like we need Osama in the White House.
    Bob Gutermuth
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    Angry

    We haven't even spent the majority of the last stimulus, right? Then why the HELL do we need to have another???!!!

    Quit spending my grandkids money, assholes!

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    Where was all the outrage when GW Bush signed a stimilus bill in Jan 2008?

    WASHINGTON (CNN) -- President Bush on Wednesday signed the Economic Stimulus Act of 2008, calling it a "booster shot" for the American economy.
    "The bill I'm signing today is large enough to have an impact, amounting to more than $152 billion this year, or about 1 percent of the GDP (gross domestic product)," the president said in the brief ceremony in the East Room of the White House.

    Obama's stimilus bill was for only $24 Billion.

  6. #6
    Senior Member M&K's Retrievers's Avatar
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    Quote Originally Posted by Roger Perry View Post
    Where was all the outrage when GW Bush signed a stimilus bill in Jan 2008?

    WASHINGTON (CNN) -- President Bush on Wednesday signed the Economic Stimulus Act of 2008, calling it a "booster shot" for the American economy.
    "The bill I'm signing today is large enough to have an impact, amounting to more than $152 billion this year, or about 1 percent of the GDP (gross domestic product)," the president said in the brief ceremony in the East Room of the White House.

    Obama's stimilus bill was for only $24 Billion.
    More of the same crap doesn't make it right!!
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    I talked to a banker and he said money is harder to get that ever, and the politicions are more disceitfull than ever. please over look my spelling, Obama said it was correct. Only stimulation for the ones they choose, not the American public, you know the ones that don't really need it

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    Quote Originally Posted by Bob Gutermuth View Post
    The last stimulus is breaking the country, unemployment is getting worse and we need another porkulus plan like we need Osama in the White House.
    Bob, I did not see you comment on the Bush $124 Billion stimulus bill of 2008

  9. #9
    Senior Member M&K's Retrievers's Avatar
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    Quote Originally Posted by Roger Perry View Post
    as the economy veers toward recovery.

    ]
    10+% unenemployed is veering towards recovery?? I don't think so...
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    Quote Originally Posted by M&K's Retrievers View Post
    10+% unenemployed is veering towards recovery?? I don't think so...
    10% + unemployment has not been unheard of. Do you view it as a strictlely partisan issue? Why? It has occured before under both parties.
    It will occur again after recovery, whenever that might occur. If the ability to forecast economic upswings and downswigs were so easy, we might all be rich men. Freemarket economies are not so easy to predict. Otherwise we would not have an entire industry based on it. Don't let your political judgements sway your financial judgements. A lot of money has been made lately, mostley by those whose financial judgements are free of political interests. Que no?

    JD
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