What Do You Think About Bush Economic Stimulus Package?
Posted by Catherine Morgan on January 18, 2008
Bush Announces His Economic Stimulus Package — by Catherine Morgan (cross-posted at Care2 Election Blog)
Just yesterday I posted on the declining state of our economy, and the discussion of an economic stimulus package. Today, President Bush addressed these economic concerns in a news conference. Here is a transcript from the AP.
From the New York Times…
President Bush called on Friday for a $140 billion to $145 billion mix of tax rebates for American families and incentives for businesses to provide “a shot in the arm to keep a fundamentally strong economy healthy” and avert a deep slide into recession.
The president said the package “must be big enough to make a difference” in an economy as large as that of the United States, meaning it should be worth about 1 percent of the gross domestic product.
It will be very interesting to hear reaction from the democrats, as well as the presidential candidates, on this stimulus package. I will do a post later today on these reactions.
Until then…What do you think?
READ MORE at Care2 Election Blog
betmo said
i don’t know that i want to say it in polite company.
let’s just say- it is as impressive and aboveboard as the rest of his administration’s plans.
Samara Tass said
I plan to invest it in international funds.
Will Trame said
I believe that Bush will be judged as the worst president in history. His foreign policy has been one colossal nightmare. I have studied the presidency since high school and I never dreamt I’d see the day when a chief executive would deliberately launch an unprovoked attack on a country based upon lies and questionably falsified intelligence. Bush is not fit for his position and should have been impeached long ago. Had a Democratic president had done what Bush has, that person would have been impeached in a heartbeat.
Bush is too arrogant, relies on “cowboy” diplomacy and has treated the Constitution with utter contempt. He has made Richard Nixon look like a potential candidate for Mt. Rushmore.