What is the difference between "a stimulus package" and "spending money you don't have" ?

	What is the difference between "a stimulus package" and "spending money you don't have" ? Isn't borrowing another trillion dollars just pushing the economic fallout down the road for another 2 years? Did the last $800B bailout have any effect? Isn't this like saying, "Honey, I lost my job today so I think to maintain our standard of living we should take a $40,000 draw on our credit card and buy a new car, some new clothes, and maybe take a vacation" ? Won't there big a price to pay in the near future? Asked By: Barometer Soup - 2/9/2009

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Nothing much in the plan will stimulate the economy! 100 Mill to WIC. 300 Mill to Food Stamps. 1 Billion to the Census bureau. 650 Mill for Digital Converter Boxes. 500 Mill to National Institute of Standards for research. 1 Bill to NOAA for research. 4 Bill for Local Law Enforcement. 600 Mill to NASA for research. 3 Bill to National Science Foundation for research. 6.3 Bill to Weatherization Assistance Program. 20.7Bill to existing energy programs. 3.25Bill to the Bonneville Power Administration (somebody brought home the pork on that one) 800 Mill to Superfund. 200 Mill to Leaking Storage Tank Trust Fund. 8.4 Bill to State Tribal Assistance Grants. 850 Mill to Wildfire Management. (I'm a firefighter and even I think that's insane.) 550 Mill to Indian Health services. 50 Mill to NEA. 80 Mill to Department of Labor Management. 500 Mill to block grant to health centers under Public Health Services Act. 1.5 Bill to National Institutes of Health, Office of the Director. 1.1 Bill to study medicare. 1 Bill to Low income energy assistance. 2 Bill Block grant to states for child care. 1 Bill to Head Start. 1.1Bill to Early Head Start. 1 Bill to Community service. Block Grant. 100 Mill to Community organizations. 200 Mill to Aging Services Program. 2 Bill to Office of National Coordinator for Health Information Technology. 430 Mill to Public Health & Social Services Emergency Fund. 3 Bill to Prevention and Wellness fund. 13 Bill to Education of Disadvantaged. 100 Mill to Impact Aid ???? 700 Mill to Rehab. 16.4Bill to Student Financial Assistance. 50 Mill to Student Aid. 250 Mill to Education Technical Assistance. 160 Mill to Corporation for National Community Service. 300 Mill to Capital assistance for Intercity Passenger Rail Service. 5 Bill to Public Housing. 2.5 Bill Block grants to Project Based Assistance Properties Owners. 500 Mill Native American Housing Block Grant. 1 Bill to Community Development Fund. 1.5 Bill to Homeless Assistance Grants. 100 Mill to Lead Hazard Reduction 79 Bill to State Fiscal Stabilization Fund. It wont do you and me any good, just Government spending.. Answered By: Ilanna - 2/9/2009

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The businesses who operated by the standards of our government have already closed. It is indeed a scary time in U.S. history. Our great grandchildren are going to label this the "What were you thinking" era. Answered By: yoak - 2/9/2009

Nothing that I can see. Our children and grandchildren will be paying for years and years and years. Answered By: Sjean - 2/9/2009

AKA We Are Batchit Crazy OR Where are we going and why are we in this handbasket? Answered By: EssieLou - 2/9/2009

The price to pay in the future is interest. America has always enslaved countries, by giving them protection, arms, money, etc. The shoe is on the other foot now, where we rely on foreign oil, and owe a huge debt to China. If they were to call in their loan, it would bring this country to its knees. On another note, Osama Bin Laden himself said, he would bankrupt our country. History of his tactics, if you remember what he did to the russians. Answered By: ajcsviper - 2/9/2009

Its like having cancer and they are going to treat your cancer by giving you more cancer. Answered By: drjpba - 2/9/2009

Well, it really depends on how you believe in economics. If you believe the reasonable and sensible way, then one was originally designed to put money circulating back into the economy. The other takes the money away from those who spend it. But, if you are a liberal socialist democrat like our great and all-powerful messiah leader Barack "Barry" Hussein Obama, there is no difference. In order to stimulate an economy, you need the federal government to spend money because the people don't have any. Funny thing though, under the Obama plan, people don't have the money because the government is stealing it from them so it can spend it on welfare programs for people who don't earn any money and therefore don't pay taxes to the government. Some how that just doesn't seem to work. Answered By: Michael H - 2/9/2009

A stimulus package is meant to stimulate the economy "short term" ..as any recession has only a 5 to 11 month lifespan if left alone by government and will correct itself ! Spending money you don`t have is the reason you need a stimulus bill in the first place , and naturally "spending money you don`t have" is the prime reason an economy goes into a recession !! Answered By: cshs1960 - 2/9/2009

You are very confused....these are very different things....Ok, using your example of the unemployed person. I actually did that years ago. My husband had a great job & was unemployed in 1982. My kids were not in school yet so we went to Disney World & Epcot just opened. Since then one of my sons passed away so instead of sitting around depressed I am glad we did that. My other son is 31 & he is so happy for the things we did when he was a kid. We didn't buy new clothes or car but we did buy a pull along trailer & a piano. I figured if I wasn't going out I might as well learn how to play the piano & the trailer was what my husband used to put tree limbs or whatever a person who does yard work would use it for, we did all kinds of work with that trailer...the money that is in the stimulus package is not pork, only Rush's head is pork. The package was created by the top economists. It has all kinds of things in it that will help people who are not getting unemployemnt insurance, that need jobs, the jobs are not just for infrastructure there are so many things that will be paid for with this money. The whole point is this money will have a ripple effect. We let Bush disappear tillions of dollars yet we are gripping about money that will circulate in our economy. Something is vey wrong with the ability of poeple to think intelliegently if they can't understand this. I wonder if people reading this just didn't get this info. or if they are reading it & still don't understand. Answered By: celebrate - 2/9/2009

Terminology..... Answered By: consrgreat - 2/9/2009

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