Wednesday, January 28, 2009

STIMULUS PLAN IV

01/28/2009


STIMULUS PLAN IV

Where are we? What happened to the "CHANGE YOU CAN BELIEVE IN"? With the confirmation of Timothy Geithner to the Treasury Mr. Obama has shown that he himself does not believe in change.

And what is with this spending, may I spell it out again for the umpteenth time?

We are here because of the spending, and no matter how many jobs are to be created, they will by design all be temporary, infra -structure spending, education spending tax cuts, all increasing the budget deficit will also increase the trade deficits, if as planned the Americans go on a shopping spree, the real jobs will all be created overseas , in manufacturing. What we need is to revive our manufacturing base, not hiring more people to change diapers of the elderly, or for making coffee. WE NEED TO BE ABLE TO PRODUCE WHAT WE CONSUME!

But lest we forget, our problems of pollution, of obesity, of disease are directly related to our consumption. The bigger houses, cars, longevity are all contributors to the pollution of the air and water and the seas. Our crime rates, drug abuse, murder, suicide, child abuse, teen pregnancy, aids, are all related to the exponential growth in population over the past fifty years or so. The increase in population itself is the main if not the sole cause of global warming.

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