"This is not going to be a package that makes everybody happy, but the main criteria I have -- is it going to put people back to work? And I think it actually will," he said. "We can't afford to wait." - President Obama

How right he is. We can't afford to wait. So why is it, according to the Congressional Budget Office's estimate, that 64 percent of the total outlay would be spent by 2011, and the same CBO forecast anticipates that only 21 percent will reach the economy by October. That doesn't sound too immediate to me.

And on the subject, let's look at the line items of the package to see how intends on creating jobs which according to him is the "main" reason for the bill.

$70 Billion dollars of the package is slated for the AMT(Alternative Minimum Tax).

For those of you who don't know what the AMT Relief Act of 2008 is, it was a bone head liberal move by the Democratic controlled congress to make sure that the rich cannot avoid paying taxes. You know, crooks like Geithner, killefer, Rangel, and Daschel. The problem with the Act is that it isn't set for inflation so that now families with total income of over $45,000 per year are trapped into it, and their taxes sky-rocketed. Even in Lynchburg VA (where the cost of living is very low) $45,000 is not rich. Heck, it isn't barely middle class! So almost 10% of the "Stimulus bill" is directed to costing most Americans more in taxes. How does this create jobs or stimulate the economy?

The "Buy American" Clause

Don't get me wrong, I think it is always good to buy American first. However, if I bought American cars first, I would be paying more for a car that preforms less, and dies quicker. That isn't to smart now is it? It would also through the free market and capitalism right in the toilet. I will by American first, when American companies cut the wasteful spending (ie. Unions!!) and start lowering the cost of their product and upping the quality. This particular "Buy American" clause deals directly with the steal industry. It basically bars the purchase of any foreign iron and steel for an stimulus funded infrastructure projects. The scope of this is huge. Will this stimulate the economy. Well if you define stimulate as the driving up of costs, and limiting Americans freedom to purchase from the lowest bidder or highest quality, then yes it stimulates. It stimulates socialism. When American manufacturers of iron and steel are the only providers of this product, the demand goes up, and the supply goes down. That, in economic math, equals prices going up!! Not only that but what does this say to all of our trade allies? What if they decided to retaliate with a "Buy German" or "Buy Chinese" only plan in their already socialistic states. Americas exports greatly job, causing economic down turn the like that we have never seen. With demand low on all of our exports, production drops, jobs get cut, and companies close down. Raising prices on the only available product stimulates the economy how? Creating a trade war that results in the loss of millions of American's jobs creates jobs, how?

Where is the money coming from?

Tie money for this economic stimulus package which is now slated to cost over a trillion dollars, is going to come from one of only a few places. Option "A", it comes from the tax payer. It most certainly will. Option number 2...Print the Money!!. Either way the mere idea of stimulating the economy by increasing the national debt is absurd! Government cannot spend its way out of a recession. If that were true, America would be recession proof!! By increasing the national debt, taxes will be increased, and inflation will rise exponentially. You think this summers gas "crisis" was bad. Wait till we "Buy American" and increase inflation. I hope you all live close to your work so you can ride your bike! Nobody likes recession, but the best way to make it through a recession is to wise with your money and spending when times are good. If you have little to know debt, what can a recession do to you. You may have to tighten the belt, suck it up, and cut back on some lavishes for a time, but in the end you will pull through just fine. Stop living above your means, stop buying on credit, and start owning what have. Recession is a necessary evil. It is the counter balance to inflation. By trying to spend our way out of recession, we are merely increasing the enormity of recession and just putting it off to be dealt with by another generation on a grander scale. Recession resets costs and supplies, and demand. It lowers the ever rising Cost of Goods, and resets the economy back to an affordable living. Yes it is tough, and we wish it would happen, but trying to spend our way out, just spells disaster. Economists (and apparently computer programmers) know that supply and demand, price setting, and cost are all controlled by the buyer, no the producer. If the buyer can't afford it, the producer lower the cost until the buy can buy it. Recession leads to market explosion and a stronger and more sound economy.

Do you want your children to have this problem when they grow older, only 10 times greater? Than lets not pass it on to them. Let's deal with it and grow past it! Let's not spend more to avoid it.