In your opinion, what two area should get the most assistance from the economic stimulus package?
Written By: admin on November 5, 2009
One Comment
My class had a discussion today and i want other people opinions
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I believe the best areas to benefit would be tax relief. If you want to jump start the economy you need to get people out of their homes and spending again. It will al happen in due time, but the more money you place in the Middle class pocket the more they will spend and your economy will grow. Economy growth equals to the creation of business and more jobs will follow thought.
Infrastructure is a novel thought, but these infrastructure jobs are only going to be temporary and are still going to hurt the private sector. Our infrastructure certainly needs an overhaul, but it is certainly not a long term solution.
In response to the first post you are exactly right in your statement. There has never been a stimulus package that has ever benefited the economy. Our economy is in the tank so we are going to make it better but going further into debt and pushing the value of our dollar down further?