Essay On Stimulus Reform

1350 Words6 Pages
A huge controversy is taking place today over the president’s proposed and now partially in affect Economic Recovery and Middle-Class Relief Act, also known as the “stimulus bill.” Most Americans assume that this stimulus plan will facilitate a supply of various job opportunities, housing for the homeless, and insure healthcare coverage. However, it is the opinion of some, including my own, that the “stimulus” plan has not been well thought out enough to get us through this down fall in the economy. Jobs The President has said, “I think my initial measure of success is creating or saving 4 million jobs” (Obama's Success Story or Saving Jobs Made Easy). How exactly do you measure a job saved? There is no way to authenticate saved jobs, neither…show more content…
Yet sensible as the strategy is, it will take hard work at all levels of government to carry off this ambitious multi-pronged proposal” (Biggest Bang for the Buck: Researchers Weigh Stimulus Proposals). However, I believe the "stimulus" plan will not guide us out of the recession, but instead will generate more problems for the US economy. The only way to pay for the “stimulus” plan is to increase taxes or print more money, which will result in…show more content…
However, these policies are designed to increase market reasoning to work, save and invest, thus creating jobs and increasing economic growth. It is not too late to reverse the effects of the "stimulus" package. A full 60% of the economic "stimulus" package doesn't get spent until after 2010. If the fiscally conservative Republicans can regain control of the US House of Representatives (a gain of over 42 seats) in the 2010 election cycle, they can cancel a great deal of this spending and avoid the enormous tax
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