Sunday, February 15, 2009

Assignment#3 S.Blackwelder

In "Trade-Offs in the Stimulus Package," an article which appeared in CQ Politics, Madison Powers writes about the options happening for the upcoming stimulus package. In discussing these options, Powers goes on to describe the main choices that are available for the $1 trillion.
The first choice, using the money for all possible, or "milking it for what it's worth," is definitely a tempting option for those in power. This would include the raising of taxes and maintaining a healthy percentage of employment. This, however, would not benefit us. It would only improve the way we found ourselves in this rut.
Powers explains option #2: salvaging what's left. The predicament we have will not and cannot be fixed over night. Using the $1 trillion dollars for equity would not be the wisest thing to do, according to some. It's nice to have money saved and plans made, but when the things you are trying to help aren't going to last long enough to see the results of the equity, then drastic measures may be required.
This article is directed towards many, specifically those in power. It is important that they see future results of their decisions.