The 647-page, $825 billion House legislation is being sold as an economic "stimulus". This is a political wonder that manages to spend money on just about every pent-up Democratic proposal of the last 40 years. (To read entire stimulus bill click here.)
According to the Wall Street Journal, there's $1 billion for Amtrak, the federal railroad that hasn't turned a profit in 40 years; $2 billion for child-care subsidies; $50 million for that great engine of job creation, the National Endowment for the Arts; $400 million for global-warming research and another $2.4 billion for carbon-capture demonstration projects. There's even $650 million on top of the billions already doled out to pay for digital TV conversion coupons.
In selling the plan, President Obama has said this bill will make "dramatic investments to revive our flagging economy." (To entire story, click here.)
Well, you be the judge.
And, according to the Drudge Report:
$335,000,000 FOR STD PREVENTION IN ECONOMIC STIMULUS BILL
Wed Jan 28 2009 09:58:30 ET
...Democrats may have eliminated provisions on birth control and sod for the National Mall in the "job stimulus" -- but buried on page 147 of the bill is stimulation for prevention of sexually transmitted diseases! (To read more, click here.)So, amidst all the pork flub, how does this bill help create jobs in a dying economy?
Mmmm… while they’re still mulling over this “stimu-lie” I’m going to put in a call to Washington and see if they can work out a few billion my way for my family – Anyone have the number?
BREAKING NEWS ALERT:
The New York Times
Wednesday, January 28, 2009 -- 6:16 PM ET
House, in 244-188 Vote, Approves President's Stimulus Plan
The House voted, 244-188, on Wednesday evening for President
Obama's package of federal tax cuts and spending worth $819
billion and meant to jump-start the economy out of its worst
crisis in decades. Read More
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Judi Lynn Lake has kept up with leading edge business trends throughout her varied and successful career. She had already had her "15 minutes of fame" over and over again before starting her family. Judi and her family now reside in South Carolina, but, having been born and raised on Long Island, NY, it is clearly evident that she will always be a "New Yorker." Today, she successfully runs her own advertising agency which handles everything from logos, branding and package design while she continues to work closely with self-published authors from design to promotion. For more information, visit judilake.com