Bailout For The Public
October 20th, 2008 by YoungBailout For The Public!
Here’s a dose of some good news for everyone. I was just reading that President Bush has finally agreed to possibly doing another stimulus package, for us, the people. In the past President Bush had stated he would veto any stimulus packages. Now it seems that he has finally changed his tune. The main reason behind him changing his mind was because of what Federal Reserve Chairman Ben Bernanke said. Federal Reserve Chairman Ben Bernanke had said that the economy needs a stimulus package for the people. Without it the slump that were in will continue to drag on for a long time. I was reading that both parties, the Democrats and the Republicans want a stimulus package, but they’re having a hard time agreeing on what should be in it. The Democrats want to give millions of dollars to cities and towns to build up their infrastructure. By giving these towns and cities this money it would create jobs in those areas, good paying jobs. The Republicans want to give tax breaks to small businesses and corporations and turn higher and roll their employee base. I personally like the way that the Democrats want to take this stimulus package, this would guarantee jobs. Anyway, hopefully they get this package passed soon, because we need it.