Tuesday, February 10, 2009

Assignment #3, TPage

Madison Powers wrote the article, Trade-Offs in the Stimulas Plan. The artile appeared in CQ Today Online News. The article talks about the many different trade offs within the stimuls plan. In this article, Powers's tries to explain what the stimlas package is all about, to the American citizens who have no clue what it is. For example me, though, I still do not fully understand.
In the aritlce he states two important trade offs , "One trade-off is between goals of efficiency and ideals of equity. The second is the need to strike a balance between infrastructure and other activities that also stimulate economic growth". It then gives the view that each political party has on the plan. He thinks that we should give more of the money to small projects, it will have a longer, more positive effect on the economy in the long run. I totally agree with him on this. If we do that, we will have a more balanced econmy and maybe our middle class will increase by doing this.