Pelosi-Reid-Obama Central Planning

This post was written by admin on January 28, 2009
Posted Under: Uncategorized

WedNEWSday - January 28th, 2009

pelosi new direction for america1 255x300 Pelosi Reid Obama Central Planning

Our friends at The Heritage Foundation tell us why “spending does not equal stimulus.”

Here are some of the highlights of “Stimulus 101″:

HIGH COST

  • After Congress appropriates the FY’09 omnibus bill, they may have spent over $1.4 Trillion in less than one month!
    The current “stimulus bill” will be the LARGEST SPENDING BILL EVER enacted by Congress, making the New Deal look small, accounting for inflation.
  • The “Stimulus” Bills Your Family – $825 Billion is equivalent to borrowing $10,520 from EVERY FAMILY IN AMERICA. This money has to be paid back.
  • If all families were asked to equally shoulder the burden of $825 Billion, this debt would be equivalent to what they roughly spend on food, clothing, and health care in an entire year.
  • If Government Spending solved recessions, we would never have recessions.

BAD IDEAS

  • Expanded Medicaid coverage and SCHIP: Reid-Pelosi-Obama are enacting a nationalized health care policy with no debate. The government will soon be responsible for more health care spending than the private sector, i.e. socialized medicine.
  • Green Jobs?: The myth of ‘green jobs’ merely means replacing one job lost, with a new job that fits the left’s agenda. It is a zero sum game. More than doubling spending, the stimulus also has over $35 billion for the Dept. of Energy. DOE’s current budget is $23.8 billion.
  • Family Planning and birth control for children, immigrants and the wealthy, which could also be used as a backdoor to allow federal funding of abortions. How is this stimulus?  **UPDATE: Nancy Pelosi agrees this is not stimulus and has removed it from the bill proving these measures are allergic to sunshine.**
  • Redistribution: Refundable Tax Credits for people who don’t pay taxes.
  • Pork Spending: Digital TV Coupons ($650 Million), Gov’t Cars ($600 Million), Nat’l Endowment for the Arts ($50 Million), Repairs to National Mall ($200 Million, including $21m for sod).

This from The Heritage Foundation - January 27th, 2009

http://blog.heritage.org/2009/01/27/stimulus-101-the-pelosi-reid-obama-debt-plan/

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Reader Comments

Repairs to the National Mall is not pork barrel spending.

The National Mall is an important part of our National Capital that is the area where Americans can, have, and should continue to be able to gather to protest and celebrate important National issues.

The National Mall is property directly under control of our Federal Government and is rightly repaired via Federal Spending.

$200 Million does seem excessive, and that amount should be investigated. $21 Million for sod does not seem excessive to me, considering the massive size of the area, and the current condition of the Mall.

#1 
Written By Bryan on January 28th, 2009 @ 3:11 pm

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