I am supporting the economic stimulus package for one simple reason: The country cannot afford not to take action.This stimulus bill will not work. You can dress it up however you want but it still will not work.
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Our $780 billion bill would save or create up to 4 million jobs, helping to offset the loss of 3.6 million jobs since December 2007. The bill cuts some $110 billion from the $890 billion Senate version, which would actually be $940 billion if floor amendments for tax credits on home and car purchases and money for the National Institutes of Health are retained.
There has been 3.45 Trillion spent in terms of Stimulus already in forms of TARP and other bail outs of Wall Street. And that is a conservative view. Others think it can go over 7 Trillion. If that hasn't worked, then another 800 billion will not work either.
And back before the election, somehow deficit spending mattered regarding the war. Now, with Democrats running around with a blank check, not so much.