>>>>
http://www.foxnews.com/politics/2009/01/28/special-groups-line-piece-stimulus/>>>>
>>>>They'll spend us out of debt, right?
>>>>
>>>>Lots of new jobs to revitalize the economy in..
>>>>
>>>>"$400 million for global warming research; $335 million for the Centers for Disease Control to combat sexually-transmitted diseases; and $650 million coupons to subsidize TV viewers for digital television conversion"
>>>>
>>>>I bet they can add another trillion to the deficit (which is a good thing, right?) before the end of February.
>>>
>>>Hmmmm, I missed your messages regarding the deficits during the Bush administration.
>>>
>>>History shows that unlike the common thought, the Reps are the big spenders, not the democrats. The history of the national debt shows a very clear line.
>>>
>>>BTW, Looking at those numbers it only adds up to about $4.5 per US citizen. Its better to get heated on the real money wasters.
>>
>>The majority of the jobs created will be in the construction industry. Without greater oversight on that industry, the companies have the opportunity to hire who they wish and that has typically been illegal immigrants where they can pay less and not pay benefits. They are typically hired either under the table or as sub-contractors. It will be interesting to see during the next 18 months how many jobs went to citizens and how many went to illegal immigrants.
>
>Interesting would be if Moody's had considered this as well (see link's . Regardless, concerning finance, I'm inclined to have more regard for Moody's, SmartMoney and Motley Fool than Fox 'News'. ;-) Some jacka$$es won't agree no matter what. They're cute though so let 'em post their ignorant insights, it entertains us. haha
>
>
http://caps.fool.com/blogs/viewpost.aspx?bpid=135009&t=01009471911616523983Here the reduction in VAT from 17.5 to 15 % was a complete waste of time and has only given the government less money to aim at reviving industry. Plus for many businesses its been a nightmare to re price all their good because they just aren't used to VAT changes.
