Obama's Stimulus Plan Draws Democratic Doubts
Democrats Begin to Express Their Doubts Regarding President Obama's Economic Stimulus Plan
According to President Obama, his economic stimulus plan is made up of two major aims. The first goal is to grow the economy in the short term by creating new jobs and balancing out the economic decline. The second goal is to establish economic foundations in several key areas-namely energy and infrastructure, as well as health care-that will affect the economy's stability in the long term.
While the Republican critiques of President Obama's economic stimulus plan focus on the rising anticipated costs, Democratic critiques focus on the plan's timeline. The main doubt brought forth by several Democrats has been that the two goals fall short of being compatible. While the former goal is expected to have immediate effects, several points of the latter goal may linger into the next decade.
President Obama urged both parties to support his $825 billion economic stimulus plan in Washington, DC on Tuesday. While he continues to promote his economic plans, it will take work on both sides of the party line to come to a unified decision on the best way to re-stimulate the American economy.
Sources
Alec MacGillis, "Democrats Among Stimulus Skeptics", WashingtonPost.com
Published by Khara E. House - Featured Contributor in Arts & Entertainment
Khara House is a Featured Arts & Entertainment contributor with a passion for creativity in any form. Khara writes primarily on the topics of Arts & Entertainment, Creative Writing, and Education. Her work c... View profile
- We the People, Need a Real Economic Stimulus PlanA look at what would be a true economic stimulus plan, not a bandage to soothe the worries of Wall Street investors
- A Closer Look at the Economic Stimulus PlanOur lawmakers finally approved the 2008 Economic Stimulus Plan. So I decided I will NOT to spend the tax rebate I'm going to receive, and I'll tell you why.
- The 2008 Economic Stimulus Plan - Will it Work? This article discusses the idea behind the Economic Stimulus Plan recently passed into law, and how it is suppose to boost the economy. It questions the basis of he plan, and issues it may face in being effective.
- My Economic Stimulus PlanDo we really want to get the economy rolling again? Here is a sure fire plan that`s guaranteed to work or your money back!
- China Rolls Out Aggressive Economic Stimulus PlanThe new Chinese stimulus plan involves partnering with state-owned facilities, and providing new building and investment into communities.
- The Reasonable Barack Obama
- Barrack Obama in the Democratic National Convention
- Barack Obama: Fired Up and Ready to Go
- Barack Obama Addresses Newton, Iowa, Crowd on December 30
- How the Economic Stimulus Plan Could Help Struggling Writers
- Bush Stimulus Plan Details Released Today
- Liberal New York Times Writer Fails in His Opinion of the Bush 2008 Stimulus Plan
- While Republican critiques of Obama's stimulus package focus on the rising cost . . .
- . . . Democrat critiques focus primarily on the length of time some goals will take.
- President Obama promoted his economic plans in Washington on Tues., January 27, 2008.
8 Comments
Post a CommentThe Economic Stimulus Package is a big step. It shows Obama's willingness to tackle this severe Economic problem. Just like he said he was going to do. So he is a Man of His Word
I have lots of faith in Barrack Obama
Nice quick read. I've read that only .12 cents on the dollar goes to programs that will create jobs and stimulate the economy. I was surprised that our local House of Rep guy Kanjorski was one of the 11 Democrats who voted the Stimulus Plan.
Great read!
well done read!
I think that is essential to not only have provisions for the immediate situation but to also have plans for that will provide future benefits-into the next decade. This is a bad situation that took time and oversight to occur, it is logical that it will take time and careful planning and monitoring to overcome. Congrats on the front page!
Good write up this is a difficult plan that is for sure.
Great job. Thank you.
GREAT article. I love following every angle of politics, well done!