When I first heard about the basic plan of this bill I thought it was a great idea. I mean you get the money, you go out and shop until you drop, then all these stores go back in the positive and start hiring more people which in turn puts more money out into the market. So this sounds great on paper, but in reality I knew it would fail. Simply because mans basic instinct is survival and not economic revival. So if you have an outstanding debt, then you WILL chip away at it rather than spend money shopping to try and boost an economy. I don't blame the American people for taking the money, mainly because I benefitted from the stimulus too, but rather I think the money would've been better used in creating more jobs. Now with that said, there are plans now for creating more eco-friendly jobs. This is what you call a two-fer. You create more jobs and you help the environment. We desperately need to help the environment too, but that's another subject for a later time.
So all in all, for President Obama to pass the second stimulus is still questionable in my mind, but I guess desperate times call for desperate measures. I honestly hope the economy gets better through this stimulus, but I just don't see it happening.
