Liberal New York Times Writer Fails in His Opinion of the Bush 2008 Stimulus Plan

The 2008 Tax Stimulus Plan Will Benefit Americans

Melinda Thom
I recently read an online opinion piece called "Stimulus Gone Bad" from the New York Times written by Paul Krugman, an extreme liberal. I was frustrated, disappointed and outraged from the ignorance from this writer. I am tired of ignorant individuals who constantly think they understand the economic situations of every family in America.

Paul Krugman writes in his first paragraph "House Democrats and the White House have reached an agreement on an economic stimulus plan. Unfortunately, the plan - which essentially consists of nothing but tax cuts and gives most of those tax cuts to people in fairly good financial shape - looks like a lemon".

For me it is not rocket science, it is common sense. Most families would benefit from the Bush 2008 stimulus plan. The stimulus plan would send checks of $600 to individuals making less than $75,000 and $1200 to families making under $150,000. The plan would also send up to $600 for families who did not pay federal taxes but who had earned income of more than $3,000.

In another failing paragrargh he writes "the plan gives each worker making less than $75,000 a $300 check, plus additional amounts to people who make enough to pay substantial sums in income tax. This ensures that the bulk of the money would go to people who are doing O.K. financially - which miss the whole point". I am extremely frustrated that Paul Krugman thinks that the majority of these people are doing O.K. This plan would hit almost every average America family. This plan is meant to stimulate the economy. These are the people who will help circulate the funds throughout America.

Krugman continues throughout his article writing how this plan will only benefit individuals who do not need it and money is not going to families who need it. Are you kidding me? This plan will hit every average tax paying family in America. This family will assist all taxpayers who make up to $75,000. This plan even gives to families who paid no taxes and earned only earned income. This plan is a winner and will help stimulate the economy.

As far as Krugman's concerns about the plan not hitting American's that really need it. Well his comments show his ignorance. He is talking about individuals on social security. Yes people on social security do need a stimulus plan; however, the bottom line is tax paying America's will be the individual's who stimulate the economy. In addition, we must remember, it is the government's job to perform duties based on what America needs to succeed.

Democrats and republicans need to work together to have a successful stimulus plan. If democrats or republicans stand in the way, making it difficult for the stimulus package to be approved, it may be costly for them at the voting booths this year. Americans want this package and need this package, and they will hold a grudge to anyone who stands in the way, including opinion writers.

If Krugman were smart, he would choose his words a little more wisely because many democrats are also looking forward to having some extra cash to spend this year.

Published by Melinda Thom

I'm currently working as a licensed Physical Therapist Assistant, freelance writer and co-owner for Blaine Edwards. I started my college adventure taking courses in business and marketing and quickly realize...  View profile

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  • John Kaminari11/12/2009

    Hold on there. The second stimulus, the ARRA, seems to have worked. We're a little above 10% unemployment, and people had (almost universally) predicted 12%. Some of this stimulus money is coming back to the government(s) as taxes. (Also, taxes are not inflationary. They actually promote deflation. Tax cuts are inflationary -- but we need tax cuts *and* deficit spending today.)

  • Betsy Ross2/14/2009

    And, this next one won't either. It is throwing crumbs to shut up the masses, while keeping most of the monies in the public sector under governmental control, and select "pet" subjects of the Senators and Congressmen that help them get elected, while inflationary taxes will eat up any gains for average Americans. What crooks.

  • Moeursalen2/6/2009

    The consensus now, from all quarters, is that it didn't help at all.

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