Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

"Stimulus" = "swindle"

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Editorials & Other Articles Donate to DU
 
donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 01:02 AM
Original message
"Stimulus" = "swindle"
Bush administration again caters to big business
By The Denver Post
Article Last Updated: 01/24/2008 09:29:18 PM MST


"Stimulus." You've probably heard that nebulous, scientific-sounding word this week. Every politician suddenly wants economic "stimulus," and wants you to think this "stimulus" is unequivocally good.

But here's the question: Why are we talking about "stimulus" only now? After all, most people have been hurting for quite awhile.

Paychecks have been stagnating, foreclosures have become commonplace, health-care premiums continue double-digit increases — and up until recently, conservatives greeted such hardships with saccharine fantasy.

Following government reports showing a surge in income inequality, Treasury Secretary Hank Paulson last year gushed that the economy is "as strong as I have seen it in any time." In the summer, as the housing crisis exploded, President Bush said the economy was "thriving." And with word that there are now 195,000 homeless veterans nationwide, Bill O'Reilly insisted on Fox News that, really, "There's not many out there." Message: Nothing to see here. The economy is fabulous. Move along.

Lately, though, the rhetoric has switched. Paulson now says there is an "urgent need" for action, and President Bush is demanding a "stimulus" package from Congress. And that gets us back to the critical question: Why the sudden shift?

http://www.denverpost.com/opinion/ci_8070025
Printer Friendly | Permalink |  | Top
The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 01:07 AM
Response to Original message
1. Bush is about to deliver an everlasting "treaty" to Iraq that will cost
trillions. They must fear a revolt unless they hand out a few dollars first. He started the Iraq war soon after the last round of checks.
Printer Friendly | Permalink |  | Top
 
Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 01:12 AM
Response to Reply #1
2. Monday night, right?
This stimulus is borrowing money from China so we can buy China-manufactured goods, thus increasing the national debt.

Am I supposed to be elated over this? Which country is this stimulating?
Printer Friendly | Permalink |  | Top
 
water Donating Member (504 posts) Send PM | Profile | Ignore Sat Jan-26-08 01:17 AM
Response to Reply #2
3. Hahaha, but I swear I've heard that line somewhere!
Printer Friendly | Permalink |  | Top
 
jtrockville Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-26-08 01:26 AM
Response to Original message
4. PEOPLE hurting, so what? CORPORATIONS are hurting now!
This stimulus package isn't meant to help people. It's meant to help the corporations, 'cuz the holiday season didn't pan out so well for THEM this year.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 06:28 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC