Original post made
by Stephen Rock, Adobe-Meadow,
on Feb 5, 2009
I think that that we need a $1 billion stimulus bill for our economy that will put people to work, meet national goals and benefit our countries future. Only the government can provide the large amounts of money needed to â€˜prime the pump' and get our people back to work. The large amount of money that will be borrowed to pay for this will be paid for by people living decades from now, so it is only fair that it will benefit them as well as us. That means dedicating most of the money to creating things that last a long time or have positive impacts in the future. Looking around we can see what was built in the past for us. BART was built almost 40 years ago, the Golden Gate Bridge 70 years ago, and most of our roads, sewers, aqueducts, dams, hospitals, school buildings etc. were built decades ago. But it is not only things that were invested in. Many of us were educated decades ago, technology depends on scientific research done in the past, and our health depends on medical training and research done in the past and for some, medical procedures done years ago.
So the stimulus bill should emphasize building for the future. We should choose projects that we think will have the best outcomes for the people living decades from now. My list includes education, public transportation, green energy, medical care, scientific research, maintenance of existing facilities like roads, bridges and sewers. As for individual spending the government should subsidize expenditures for only those items that meet the same goals as above. For example subsidies for energy conservation rather than for buying cars.
However, that is not enough. There are large numbers of people who are being thrown out of their homes and jobs who need help now. Money given to them will probably be spent quickly on necessities, thus providing work for others.
What we do not need is to benefit those already well off financially. Tax breaks to the upper middle class and wealthy are giving money to those who do not need it and might not even spend it. The best was to benefit business is not to reduce taxes on non existent income, but to provide customers for their products.
Thus I support a stimulus bill that will put people to work providing future benefits to society and helping those hurting the most by the economic crisis. I oppose benefits to those who already have enough.
I urge you to communicate with your legislators about this.