Obama: Americans Will Accept My Proposal
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(January 07, 2009)—President-elect Barack Obama is expected to release details surrounding his economic stimulus plan Wednesday.

While it is not known if a report released Tuesday by the Federal Reserve outlining bleak economic predictions tie into the president-elect’s announcement, Obama says Americans will accept his proposed economic stimulus plan, but only if they believe the money is being used wisely.

Obama vows to ban all earmarks from the recovery package and appoint a chief performance officer to set government performance standards.

Even without earmarks, the president-elect's stimulus package is expected to cost nearly 800 billion dollars.
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Posted by: Reason Location: Belton on Jan 9, 2009 at 11:17 AM
Sue and Curt did you two read the story. The story states verbatim, "Obama says Americans will accept his proposed economic stimulas plan, but only if they believe the money is being used wisely." Republican legistlators agree with him. I guess some folks will find fault in anything. Some republicans are advocating that the government not give hard hit states the money but instead, offer it as a loan. This is what should have happened with the other two bailouts that were caused by the public sector. Funny that republicans were not advocating this during those bailouts. Wonder why?
Posted by: hadnuff on Jan 8, 2009 at 08:50 PM
He says he is going to create 3 million new jobs with 80% of them in the private sector.. So that means 600,000 of that 3 million jobs will be government (federal) jobs. Do we really need 600,000 more government employees with life time pensions, healthcare etc at the cost of the tax payer? Government is the PROBLEM. We need less of it not more.
Posted by: Curt H. Location: Waco, TX on Jan 8, 2009 at 11:58 AM
I agree with Sue. For the record, he DOESN'T speak for me.
Posted by: Mac Location: centex on Jan 8, 2009 at 07:06 AM
Giving money back to the tax payers enables the citizens to pay off debts which also pays off creditors which helps the economy. More advantages and impacts the economy quicker with less waste,(no bonus pay outs for the big shots for one). Sounds like a better ideal than giving it to big companies to do with what they wish! Hope this is not a smoke screen? Sounds like what the republicans use to stand for. Let's make sure he is not a wolf in sheep clothing! I believe more people are aware of their money and government than prior times. Maybe, we have woke up due to the economy, (hit us in our wallets)? Either way, our future citizens will have to pick up the tab!
Posted by: hadnuff on Jan 7, 2009 at 06:44 PM
Baaah... Baaah... the sheeple being lead into a third world country. Yes spending billions of dollars of tax payers money will solve the problem.. How about just letting us keep more of our money moron?
Posted by: Sue Location: Waco on Jan 7, 2009 at 12:41 PM
B.O. sure is sure of himself isn't he.
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