Economic Package Update

Today the U.S. Senate voted 61-37 to pass the Obama Economic Package. A lot has changed since I wrote my last post on this issue. The debate over the package has become more and more intense. This once stolid Congressional and Senatorial majority has chosen selfishness and partisanship throughout the debate in the capital over this package. I am in dismay over the hypocrisy of the democratic majority. Leaders like Harry Reid and Nancy Pelosi are stripping Americans of the true legislation that will bring back American jobs and restore American confidence in the economy. There is no bipartisanship when it comes to the economy. Mrs. Pelosi feels since her pompous political party has won the election, they should write this bill and have control over where this nation is over the next four years. That is wrong. That is why we have a two party system. Debate and bipartisanship is healthy for our democratic and republican survival. This bill is wrong. Yes, I like the Senate version better, but it is still $800 billion. That is a lot of money. Our government should not be spending that much money on a single project. And what is even more baffling is that this money is all for the economy. This is not to say I am against government intervention in business. In some respects it is quite healthy, but I do not like government intervention of this magnitude. The $400 billion one, heading by Mr. John McCain, is more appropriate. It will also create almost the same amount of jobs as the other plan. The difference is that the McCain plan will create jobs that will last 5 or more years. The Obama package creates short term jobs, government jobs, to fix bridges and roads. But eventually the bridge will be completed. Then once massive amounts of government workers projects are finished, they will be out of a job. Now, Democrats say by that time the economy will be much better, but can imagine the impact of 3 million lost jobs in this economy or even a partially stable or dare I say better economy. It would be awful and throw our economy even deeper into the depths of this depression. Besides the economy tanked on the news on the passing and Geither's plan. I think Mr. Obama needs to take this as a serious sign.