Tuesday, February 17, 2009
Easy Part: Done
President Obama signed the next economic stimulus package into law today, marking the end of all of the United States' economic woes. Wait. No. Even the administration is labeling this as merely the beginning of hopefully the end. Honestly, if we look back at recessions in our history, we always come out of them. The economy is cyclic. But how do we end up coming out of them most often? Well, war production always seems to help, but what if a war had a small hand in creating the economic problems in the first place? Could we not wage peace to get us out of the recession? A major part of Obama's plan is just that: focus on infrastructure and spending at home instead of abroad (let's be honest: money spent abroad is usually military/war related). Will it work? Only time will tell for sure. Stratfor has a pretty decent breakdown of the package.
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They've set up a website for the American people to track the bill's progress:
ReplyDeletehttp://www.recovery.gov/