I listened to the President's speech regarding the stimulus package, Iraq, Iran, Afghanistan and the other items. I was impressed that he is meeting the critics of the economic package head on. Needless to say, I count myself as a critic of the package due to all of the spending in it.
According to the President, the stimulus package, by its very nature, is a spending package. Yes, I agree with that. However, the amount of earmarks and special projects that have added to the bill are killing our budget. Each special project is a wolf in sheep's clothing. Congressmen have disguised them as projects that will create a lot of new jobs.
In previous blogs, I have detailed some of those special projects and added the link to the special report from the US Mayors. Some of these large projects are only producing a very small number of jobs. Needless to say, I'm not happy by this.
The stimulus package should be aimed at the real employers, small to medium size businesses. They need relief and help. I have a friend who owns a plumbing business. Due to a possible increase in his liability insurance rates, he may need to stop offering health insurance to his employees. These businesses need relief, Mr. President. It is the Mom and Pop stores that hire more people and they are struggling not to lay off people if they can. Help them, Mr. President.
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