...since the economy "seems" to be recovering without it.

http://www.rasmussenreports.com/public_content/business/economic_stimulus_package/45_say_cancel_rest_of_stimulus_spending

Rasmussen did a poll. 45% believe the stimulus spending needs to stop now. only 35% opposed and 20% were unsure. Accorrding to the article only 36 billion of the stimulus has been spent as of late may. so much for shovel ready. seems the problem with infrastructure jobs is that there is a lengthy process in order to start the projects. funny how that works.


opinion: the economy is showing broad signs of recovery (signs, not concrete evidence that we're in the clear. I think more is coming down the road but that's another topic) and only 5% of the money has been spent. So much for we need this or we will slip into a depression. You call Dubya's war efforts fear-mongering (though true enough) but O has been doing the same thing here.

could it be stopped just like that? (pretend I snapped my fingers)

The gov't does not act that quickly on anything.

The small signs we are having are not necessarily a sign of recovery yet. Consumers have not started spending again and won't for a while still. The consumer spending base is being impacted by the unemployment and cutting of hours employers are still doing.

The stimulus may still be needed. It is way too soon to say that is will not be needed.

I am sure the percentage of people who want the stimulus stopped are the same as the percentage who did not want it to begin with.

The non believers.

with a house/senate overturn vote, yes. However, much like the patriot act, this is power. and we know how washington is about power. give a mouse a cookie...

I hear you on that one Andrew. As for the OP what the general populace thinks about the economy doesn't really mean much to me... hell a lot of them believed Bush when he insisted we weren't even in a recession. Far too soon to see where the economy is going to go. Some of those signs could easily be anticipatory simply because people are thinking the stimulus money will help.

The house and senate have no control over the people running this country. The "stimulus" was not intended to work. It was intended to provide the appearance that they care about the economy. In fact, if they had done nothing and let the bubble burst, the coming collapse would have not been as big. With all the money they've printed, the inflationary levels have grown to far to large levels and well.. To put it bluntly, the US is screwed.. No way out.

:~K

So what your saying is if we all started torching at least a couple dollars a day then the economy would recover?

let me say welcome... it's nice to see another head around here that understands the underlying principles of what's happening.

None of this addresses the root problems that lie in our "fox guarding the henhouse" monetary system. All it has done is spend, not reform. In the end, we are simply further in debt and no precautions have been set to prevent this sort of thing from happening again. people may perceive that we are doing better, but with more loans coming due to adjust and the inflation that is waiting around the corner to kill all these lower-interest loans, I'm just sitting back and waiting for the next drop.

If we take the control from the banks to print money on a whim, then we would prevent this from happening again. The economy will fix itself, I've explained the self-healing nature of capitalism that other forms do not have before.

You see, like I just said, the administration has short-term plans for all of this. There is no long term with any of this stuff past the 8-10 years some of the projects will take. There is no plan to deal with inflation, no plan to deal with us coming even closer to our credit limit, and no plan to help those that will lose jobs once the programs expire.

Lol.. no not even close.. Regardless of how many dollars are taken out of circulation, the money has no backing. The fact that there are x trillion dollars in digital form which are owed across the world is enough to keep the inflation coming. The only thing really keeping it all floating is China's backing.

:~K

such a noteworthy response.

If we could do this and stop the Obamanation from converting us into a socialistic state of course...

Thanks for the welcome.

:~K

I do actually understand what you are saying, I was being facetious.

I believe that the quick fix that they are attempting right now is not set to worry about all the other components. At some point we will have to address this but the time cannot be until we know we are recovering and not depressing.

We will not ever be socialist here in America so no worries there.

It was necessary with the arrogance going on above it.

We're over halfway there already though. Our Republic is dead and the founders, both men and women who died to create it, are probably rolling over in their graves to see the empire growing.

:~K

so how about you explain the arrogance.

No we are not and no they would not have. Our founding fathers would be amazed to see how their meager beginnings have grown and that they still help this nation be as great as it is and will be.