Obama, who Wednesday in Phoenix plans to outline a new plan to stem home foreclosures, said the stimulus plan "won't be the end of what we do to turn our economy around, but rather the beginning. The problems that led us into this crisis are deep and widespread, and our response must be equal to the task."
Another miracle from our leader. Where will it lead us? A sinking ship of a bill was passed last night and will be signed into law on Monday. Didn't you think there was aid for foreclosures in that $800 Billion mess? They all admitted no one read it and it was not available for 48 hours to We The People as promised. What I saw flashed yesterday was full of hand notes and scratched/replaced numbers. How impressive.
We are learning there are child care credits for people who don't pay income taxes. There is Cobra coverage for the unemployed. There will be $13 more per week in my paycheck for a while. But most of the spending will not go to make-work jobs for 18 months.
I suggest that in 18 months, the economy could be onto a strong recovery. If we left it alone and spent time on the banking/mortgage mess started back under President Carter, the market would clean out, reset, and grow.
But I forgot we have a great leader who will be gifting to his interests and making work for "other than white" construction workers.
'til later
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