Rescuing the Economy: How Does the Stimulus Work?
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- http://www.americanprogress.org/issues/2009/01/recovery_reinvestment101.html Michael Ettlinger from the Center for American Progress explains why the US economy needs a stimulus bill passed that leads with public investments. THE FACTS 1) WE ARE LOSING 15,000 JOBS A DAY. 2) THIS BILL IS ABOUT JOBS: IT SAVES JOBS, CREATES JOBS, HELPS PEOPLE WHO LOST THEIR JOBS, and LAYS THE FOUNDATION FOR FUTURE JOBS. 3) CONSERVATIVES ARE PUSHING THE SAME, OLD FAILED BUSH POLICIES THAT GOT US HERE IN THE FIRST PLACE – tax cuts that benefit big corporations and CEO’S at the expense of the middle class. STIMULUS BACKGROUND: 1) SAVES AND CREATES 3-4 MILLIONS JOBS: The recovery bill will save jobs that are currently on the chopping block and create jobs by making targeted investments and boosting economic activity. Relief for state and local governments will help them avoid making the layoffs of police, firefighters and teachers, more spending cuts, and tax increases that will worsen the ...
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