Who Is Benefitting From This Stimulus Bill?

In: Loans

8 Aug 2009

The stimulus bill passed a while back and some people are still under the impression that they are going to personally profit from it. Unless you are able to get a new job that comes directly out of the stimulus bill, the ordinary man on the street is going to see none of this money that is being thrown around so freely by the government.

Politicians see many of the big companies of today as being so important that they cant allow them to fail. This means, although these companies have been run poorly, made innumerable mistakes, and sometimes even headed by crooks, the government is going to come to the rescue and save them. Of course, the government is really just our tax dollars so we will be paying for all their mistakes in the form of higher taxes. It is true that Obama inherited a terrible economy with many problems but is this really the answer?

The number of Obama grants and bailouts is staggering and those that have played by the rules are now going to have to pay for the mistakes and greed of others. It is going to get worse before it gets better no matter what Obama does and maybe he should just do nothing, or at least very little. Let the ones who have made the mistakes go down in flames and pay the price for their greed.

What organizations are going to be the recipients of the Obama government grants that he and the government are giving out? Will these grants and stimulus money continue to go to the same colleges and organizations that have been getting them the past eight years or will new ones get them.

The amount of the stimulus package is so large that it is hard for the average person to comprehend the numbers. Money is being passed out in a variety of ways to businesses, ecological causes, politicians pet projects, and state and local governments all across the United States. It is impossible to get a handle on where this money is going.

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