Biden touts stimulus spending in NY

Biden touts stimulus spending in NY

There are 6 comments on the Newsday story from Jul 9, 2009, titled Biden touts stimulus spending in NY. In it, Newsday reports that:

Vice President Joe Biden is heading to an affluent upstate New York suburb to tout the $787 billion federal economic stimulus program.

Join the discussion below, or Read more at Newsday.

hsr0601

Korea

#1 Jul 9, 2009
In regard to the stimulus investment, my understanding is as follows:

1. The current surging fuel cost is overwhelming the market rally.
And the pending clean energy bill might serve as a second stimulus package world-wide boosting private investments.

2. People are so worried about losing their job, coverage, denial of treatment, which seems to increase bank deposit latetly. That means stimulus funding mainly goes toward bank deposit for a rainy day increasing jobless rate. It proves again that a healthy society yields better productivity, prosperity.
It is time to 'Change' the notion of the public health as a fundamental human right and install 'a safety system for all' like all of the other industrialized nations, I think.

3. The stimulus funding begins to mobilize just 11%, meanwhile, the auto industry has moved to its restructuring with the massive job-related impact.

4. The pandemic swine flu has been hurting the global economy seriously.
Peter King

Selden, NY

#2 Jul 9, 2009
Don't you get it??

What is imporatant is Michael Jackson!!

Since: Mar 08

Allentown, PA

#3 Jul 9, 2009
You can put lipstick on a pig, but you still have a pig, not a beauty queen.
.
The Stimulus bill was primarily designed to do two things:
1) Pay back Democrat Party supporters.
2) Make sure the Democrats in Congress get reelected in 2010.
Any other help is incidental and almost accidental.
.
Obama's continual anti-business commentary makes it difficult to plan ahead. Smaller business owners have found the expiration of the Bush tax cuts will impact their earnings more so than Obama suggested. Add to that the cost of any healthcare program, caution in investments is warranted.
.
Add to that the huge additional debt of Obama's spend now, spend tomorrow and spend forever program has created is causing other nations to suggest it's time to drop the dollar as the world's reserve currency.
.
Smart people realize Obama's magical mystery alternative energy program will create job losses in other industries while creating some jobs making wind turbines. How many towns will see a wind turbine plant within their borders?
.
The current Democrat controlled Congress has been passing bills willy nilly and one can only wonder what will result from the mickey's slipped into those bills in the dark of night.
.
Wise people are going to sit on the sidelines, maybe invest in gold or other commodities and hope this all blows over and sanity starts making a comeback in America. The Chinese said forget buying US Treasury bills, we're buying copper instead. Smart people those Chinese, maybe we need to take a lesson from the people who learned from us.
AmericEnema

Broomfield, CO

#4 Jul 9, 2009
So what I hear is that there have been a whopping 150 thousand jobs saved or created by the stimulus... How about the 6.9 million that have been lost Joe the Liar? This stimulus is nothing more than a special interest orgy of spending. It will NOT save the economy nor was it ever designed to do so. These little photo ops are generally goin unnoticed because too many people are standing in the unemployment line.

http://www.americenema.com
More stimulus please

West Bloomfield, MI

#5 Jul 10, 2009
$787 billion is not enough to fix the economy. We ought to go to war against some country, because wars are the only thing with enough political power to generate enough money to fix an economy. After all, that's what wwii did, right?
Pfluger the Union Monkey

Needham, MA

#6 Jul 10, 2009
LookingToEscape wrote:
You can put lipstick on a pig, but you still have a pig, not a beauty queen.
.
The Stimulus bill was primarily designed to do two things:
1) Pay back Democrat Party supporters.
2) Make sure the Democrats in Congress get reelected in 2010.
Any other help is incidental and almost accidental.
.
Obama's continual anti-business commentary makes it difficult to plan ahead. Smaller business owners have found the expiration of the Bush tax cuts will impact their earnings more so than Obama suggested. Add to that the cost of any healthcare program, caution in investments is warranted.
.
Add to that the huge additional debt of Obama's spend now, spend tomorrow and spend forever program has created is causing other nations to suggest it's time to drop the dollar as the world's reserve currency.
.
Smart people realize Obama's magical mystery alternative energy program will create job losses in other industries while creating some jobs making wind turbines. How many towns will see a wind turbine plant within their borders?
.
The current Democrat controlled Congress has been passing bills willy nilly and one can only wonder what will result from the mickey's slipped into those bills in the dark of night.
.
Wise people are going to sit on the sidelines, maybe invest in gold or other commodities and hope this all blows over and sanity starts making a comeback in America. The Chinese said forget buying US Treasury bills, we're buying copper instead. Smart people those Chinese, maybe we need to take a lesson from the people who learned from us.
Yes, the Stimulus is primarily a transfer of tax dollars (borrowed funds, mostly from China) to Obama's main voting blocks -- public sector unions and people who pay no taxes.

Its his payoff to his voters.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Saratoga County Discussions

Title Updated Last By Comments
News Malta men accused of burglary spree (Aug '17) Aug '17 TrustTheProcess21 1
News Some concerned after 16 undocumented immigrants... (Jun '17) Jun '17 spytheweb 2
News Mechanicville man arrested, accused of child po... (Dec '13) Apr '17 Ashley 2
Saratoga County Arrest Mugshots and Criminal Re... (Sep '16) Sep '16 Clara 2
News Clifton Park ZBA approves new Market 32 vote (Sep '15) Oct '15 Mayor P 3
News Clifton Park ZBA being sued over its votes on M... (Aug '15) Oct '15 Mayor P 2
News LaQuinta Inn & Suites latest hotel targeting Cl... (Jul '15) Oct '15 Mayor P 4