AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!
The economists consulted by the writer of this article were obviously, with the exception of Holtz-Eakin, all Democrats who love to spend other people's money. I am not an economist, but I firmly believe that we should simply have tightened our belts, cut Government spending, and by now, we would be better off as a Nation. The $13 Trillion of debt we have run up will forever be a drag on our future economy--and, of course, under Government Accounting Principles, is grossly understated because it does not include military and civilian Government pensions, VA health care costs, the Social Security and Medicare "entitlements", etc. I fear that this Nation will not exist by 2050, at least not in any semblance of what it was when President Eisenhower's 2nd term ended.
October 11 2010 at 6:28 AM Report abuse Permalink rate up rate down ReplyThe fact that the stimulus plan didn't deliver as Obama promised did the most damage.
September 21 2010 at 1:28 PM Report abuse Permalink +1 rate up rate down ReplyHere is a logical economic stimulus plan that will actually work! The "One - Year Mortgage Holiday" 9 Point Stimulus Plan as fully detailed at www.saveoureconomy.com is the silver bullet solution to solve the current housing, credit, banking, financial crises, that will immediately jump start our economy, create millions of new Jobs, stimulate growth and generate long term economic prosperity through out America! The Mortgage Holiday Plan is the bold, ingenious ultimate "Trickle Up" stimulus plan that will help all home owners, renters and small/medium businesses that will actually work to stabilize the housing market and get America's economic wheel of commerce rolling again, which will also help balance the Federal budget and help start reducing the National Debt, which will strengthen the American dollar. The Mortgage Holiday is a fair and balanced legitimate stimulus plan, Of, By and For the People, Main Street that empowers We The People, allowing us to have a well deserved one year time out from making our monthly mortgage payment, so that we can decide how best to save, spend & invest our own money. Renters of apartments, office & retail space will also receive a monthly savings and partial rebate in rent. If you should agree, then we urge you to contact all of your elected Representatives as well as the White House to tell them to support the "One - Year Mortgage Holiday" 9 Point Stimulus Plan, that is supported by a majority of American's across the country, that actually take the time to simply read the Plan at www.saveoureconomy.com! Mark
September 14 2010 at 10:24 AM Report abuse Permalink -2 rate up rate down ReplyThere isn't I senior in America that will be here long enough to enjoy OBama's down the road future investments payoff. And if he beleives if nothing is done with jobs and the creation of new small business and IPO"s now..there will nothing at the end of his rainbow for any of our young people as well.. God Bless America.
September 10 2010 at 4:04 PM Report abuse Permalink +2 rate up rate down ReplyHow much of our money is being sent south to finance more illegal immigrants?
September 04 2010 at 6:25 PM Report abuse Permalink +3 rate up rate down Reply$13,449,202,260,174.02 and growing.
September 04 2010 at 2:17 PM Report abuse Permalink +4 rate up rate down ReplyThe most cost effective stimulus would be to enforce our immigration laws and to install measures to encourage the illegals amongst us to return to their native land. I would immediately funds as many border control agents as possible to secure our borders. I would immediately fund the technology and infrastructure to help achieve this. Next I would increase the penalty for hiring illegals and really focus on tough enforcement. I would pass laws to ensure that only people here legally could transfer money outside the USA. Next I would end anchor baby policy either through a constitutional amendment or whatever is necessary to reverse the Supreme Court decision of 1982 that allowed The benefits of such policies are three fold: 1) Illegals hold approximately 8M to 12M jobs that would go to Americans, 2) jobs would be created to secure our borders and enforce the law, and 3) social costs associated with illegals such as increased spending on higher education, welfare, law enforcement, and having to maintain a bilingual infrastructure to accommodate two languages could be reduced and the savings used to enhance the safety net for legitimate citizens. It truly is a no brainer.
September 04 2010 at 10:30 AM Report abuse Permalink +3 rate up rate down ReplyMay-be our History Books will explain how all of this happened to our Grand Children. I have been terorized enough by all the bad news. Can't you people tell us something good for A change, something we can trust and believe in. There is almost no Hope left in this nation and that is very bad. I like Productive so lets kick that around and do something right for A change. The rest of the World is makeing fun of the USA. The Actions in Washington DC. is disgraceful and I am truley ashamed that elected officials can't get along..long enough to do there jobs as expected. And, I might add..U-people stop your attacks on these people also.
September 03 2010 at 9:29 PM Report abuse Permalink -1 rate up rate down ReplyWe didn't need a long range plan for economic recovery. We needed a plan that would have the soonest results.
September 03 2010 at 5:46 PM Report abuse Permalink +2 rate up rate down ReplyThe question seems to have been answered. The ARRA was not a recovery bill but a cover for a wish lists of programs, good, bad or indifferent. All well and good except for "recovery" part which has not materialized and how it was sold to congress, with and wink, and the American people. A bigger bill would not have helped because it was either not spent (almost 50% remains to be spent as of August) or was not intended to help. Now American's are very unhappy at the broken promise of recovery and will hammer the offenders in November.
September 03 2010 at 2:07 PM Report abuse Permalink +8 rate up rate down ReplyFollow Politics Daily
POPULAR
News From Our Partners






Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
224 Comments