Quote:
Originally Posted by Sinestra
I wont allow our sick nor our old to go without medical benefits i feel the money pledged for medicare is a must.
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Well the sick and the old should have
saved when they were healthy for a rainy day instead of buying useless crap like iPods. Relying on uncle sam is not the answer. People need to consume less, much much less and save like there is no tomorrow. Their expectations has to change.
Sinestra, I sympathise with you but everything the US government is doing is contrary to the school of economic development (go pick up any economics text book).
This stimulous package is going to artificially create jobs that the government is going to allocate when the best thing to do is let the market decide. Besides, these jobs are created with borrowed money the US government doesn't have. This isn't capitalism, this is socialism.
And regarding outsourcing, you are taking the wrong stance. Yes jobs are being outsourced because it is cheap, the only way for US to be competitive is lowering their wage. But you got unions that will not accept economic reality and call for protectionism which will make US implode even more. The people in the US must realise they can't spend like fat cats anymore and foreign banks isn't their credit card.
If I were you, I'd buy some gold so when this thing collapses, at least you have real money.