Obama's new plan

so with the U.S. economy spiraling downward, we need to think about how we can resolve the economic crisis and reassert ourselves as the strongest and most quickly growing economy in the world

obviously, obama's stimulus plan is the major factor here
his plan will use an estimated $75 billion (probably more) in the form of tax cuts and helping working families, the unemployed, elderly/disabled, homeowners (due to the fall of housing prices)
an estimated $45 billion will be held in reserve in case we have another economic breakdown in the future

unfortunately, his plan is designed to work in the short-term, meaning we won't be able to depend on it if the initial surge doesn't fix most of the economic problems
it's more of a short burst of aid, with some back-up just in case we fail

i personally think we should think more in the long term, seeing as countries such as China and India are rapidly gaining power with strong economic growth while we lag behind
unfortunately, this stimulus plan is all we've got at the moment, so we might as well go ahead with it

you could think of it in terms of jump-starting a car
a short burst of energy that should get the car moving
if it doesn't, you're screwed over

this plan better work







look at that big smile