2008 Stimulus vs 2009 Stimulus

Someone asked me why I was critical of the 2009 "Stimulus" package and didn't criticize Bush's 2008 Stimulus package.

I think that's a fair question.

The 2008 $168 billion dollar stimulus package consisted of tax rebates, business tax credits and a temporary fix on the ongoing housing crisis. Pelosi and Reid were on the platform with Bush when he signed it into law.

There is not much comparison between that package and this porkulous $750 billion or more monstrosity that is about to be forced on the American people. For the record, I did voice my view (albeit not on this blog) that sending a $600 check to everyone was not going to solve anything (and it didn't). (Instead of sending me a one time "tax rebate", just lower my stinking taxes across the board so I can keep more of what I earn to begin with!) The business incentives were beneficial, and the housing crisis could have benefitted somewhat, but at the time we didn't know the magnitude of the corruption going on in Fannie Mae and Freddie Mac (of which the present occupant of the White House was part of).

My previous post is in response to the ridiculous notion that many Obama supporters have that he's going to miraculously make their life better - new cars, new homes, money in their pockets, and I guess homemade cookies in the oven to boot. I could devote an entire post to videos and audios of individuals expressing their belief that Obama is somehow going to "spread the wealth" around to them and their standard of living is going to catapult upward because he is in power.

This is America. The American dream is to work hard and use your money wisely and someday you might be a success. Some succeed and some fail.

The Obama nation is one in which socialism will basically choke out the middle class and all that will be left are the very rich, who will always be rich, and the poor who are dependent on the government for the pittance that they are allowed to have. There will be no American Dream.