Comments on: Will the Stimulus Package Work? http://www.theslowbleed.com/economy/will-the-stimulus-package-work/ The Systematic Draining of America's Economy, Culture, and Pride. Thu, 29 Dec 2011 06:21:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Cat9438 http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21582 Cat9438 Wed, 11 Feb 2009 22:56:29 +0000 http://www.theslowbleed.com/?p=1223#comment-21582 The whole thing is messed up. I just don't see how we could have gotten in so much trouble. The whole thing is messed up. I just don’t see how we could have gotten in so much trouble.

]]> By: Sparky119 http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21577 Sparky119 Wed, 11 Feb 2009 20:23:54 +0000 http://www.theslowbleed.com/?p=1223#comment-21577 As i know you have said, they never should have done the bailout. We are selling out kids out! As i know you have said, they never should have done the bailout. We are selling out kids out!

]]> By: Was the U.S. Near Financial Meltdown? | The Slow Bleed http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21576 Was the U.S. Near Financial Meltdown? | The Slow Bleed Wed, 11 Feb 2009 20:21:50 +0000 http://www.theslowbleed.com/?p=1223#comment-21576 [...] has been a lot of talk about whether we really need the bailout or if it is even the right decision. Is it worth the risk? Before you can really debate those issues it also becomes a question of how [...] [...] has been a lot of talk about whether we really need the bailout or if it is even the right decision. Is it worth the risk? Before you can really debate those issues it also becomes a question of how [...]

]]> By: Rachel http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21564 Rachel Wed, 11 Feb 2009 18:48:14 +0000 http://www.theslowbleed.com/?p=1223#comment-21564 This whole thing is so frustrating. I totally agree with you on every account. My husband and I did not buy a house because we couldn't afford one (even though he will have a decent salary when he finishes his training as a physician). It really pained him to watch everyone else at his stage of life buying cars and homes, and as much as he wanted to do the same, he was responsible. We struggled with one car most of his residency because we could not afford two cars. It is painful to constantly watch people live above their means and then not take any personal responsibility for this economic crisis. This economic stimulus package scares me. I don't know if it will work. I am not pleased with the fact that my child (and her children) will have to bear the debt of the generation before her. It isn't fair. By the way, I thought you would find this article interesting: http://www.dailykos.com/storyonly/2009/2/9/234340/6189/142/695504 <em><strong>Godfather Added: Great points Rachel. We also stayed much on the sidelines and to this day, I am really glad we did. Also, thanks for the video, I am going to create a post on it! </strong></em> This whole thing is so frustrating. I totally agree with you on every account. My husband and I did not buy a house because we couldn’t afford one (even though he will have a decent salary when he finishes his training as a physician). It really pained him to watch everyone else at his stage of life buying cars and homes, and as much as he wanted to do the same, he was responsible. We struggled with one car most of his residency because we could not afford two cars. It is painful to constantly watch people live above their means and then not take any personal responsibility for this economic crisis.
This economic stimulus package scares me. I don’t know if it will work. I am not pleased with the fact that my child (and her children) will have to bear the debt of the generation before her. It isn’t fair.
By the way, I thought you would find this article interesting: http://www.dailykos.com/storyonly/2009/2/9/234340/6189/142/695504

Godfather Added: Great points Rachel. We also stayed much on the sidelines and to this day, I am really glad we did. Also, thanks for the video, I am going to create a post on it!

]]> By: Mike Lovell http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21533 Mike Lovell Wed, 11 Feb 2009 16:47:36 +0000 http://www.theslowbleed.com/?p=1223#comment-21533 Good post....I find myself asking pretty much the same questions, and I have to say, you're a lot more positive on things than I am.....I just put up a post along the same lines, with a little more bite. Good post….I find myself asking pretty much the same questions, and I have to say, you’re a lot more positive on things than I am…..I just put up a post along the same lines, with a little more bite.

]]> By: Gina http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21380 Gina Tue, 10 Feb 2009 21:00:05 +0000 http://www.theslowbleed.com/?p=1223#comment-21380 I agree that there has been a loss of personal responsibility all around. And we are giving money to corporations and financial institutions in the naive belief that they will spread it around. Unfortunately, many of the dollars in the last bailout were gobbled up by the top management leaving nothing to trickle down to the consumer. Some have suggested that we simply give this money to the consumer directly. But the financial savvy of a large percentage of American consumers has shown to be lacking. What makes this hard to swallow are the working class folks who saved and lived frugally and modestly, who only bought small homes that would fit in their budget but now are faced with losing half of their hard earned retirement funds, who have now lost their jobs, and the innocent of this and the next few generations who will have to pay for a long time to cover someone else's greed and irresponsibility. <strong><em>Godfather Added: Thanks for the comments Gina. You are absolutely right. It is the people that lived within their means that are starting to get hit - they don't get a bailout. Yet those in foreclosure will get some sort of help (even the people that never could have afforded the home to begin with). </em></strong> I agree that there has been a loss of personal responsibility all around. And we are giving money to corporations and financial institutions in the naive belief that they will spread it around. Unfortunately, many of the dollars in the last bailout were gobbled up by the top management leaving nothing to trickle down to the consumer.

Some have suggested that we simply give this money to the consumer directly. But the financial savvy of a large percentage of American consumers has shown to be lacking.

What makes this hard to swallow are the working class folks who saved and lived frugally and modestly, who only bought small homes that would fit in their budget but now are faced with losing half of their hard earned retirement funds, who have now lost their jobs, and the innocent of this and the next few generations who will have to pay for a long time to cover someone else’s greed and irresponsibility.

Godfather Added: Thanks for the comments Gina. You are absolutely right. It is the people that lived within their means that are starting to get hit – they don’t get a bailout. Yet those in foreclosure will get some sort of help (even the people that never could have afforded the home to begin with).

]]> By: Why Can’t We Just Print More Money? | The Slow Bleed http://www.theslowbleed.com/economy/will-the-stimulus-package-work/comment-page-1/#comment-21361 Why Can’t We Just Print More Money? | The Slow Bleed Tue, 10 Feb 2009 19:40:08 +0000 http://www.theslowbleed.com/?p=1223#comment-21361 [...] For the thoughts on the stimulus package, check out this post.  [...] [...] For the thoughts on the stimulus package, check out this post.  [...]

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