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How is the Stimulus Plan benefiting the society?

What are the positives to the Stimulus Plan as of today? A lot of the websites that I've found said the plan isn't doing anything while many agree that it have created or saved 650,000 jobs. What else have the plan accomplish so far?
I really appreciate all your answers. Thank you all.

Asked By: krucialelem3nts - 11/21/2009
Best Answer - Chosen by Asker
In my opinion, there is no benefit fromt the Stimulus Plan, at least not in the long run. On a short term basis, perhaps the plan had its positive contributions however, because the supply of money (in other words: taxpayers) is limited, its a dwindling cycle. Bringing it back to the short term and long term affects of the Stimulus Plan, a good example is the automobile division of the Stimulus. The government offered incentives and tax rebates and incredible deals that would not have been available a few years ago. One such program was "Cash for Clunkers." When the program was still intact, the automobile industry had a adequate quantity of cars bought. However, once the program ran out of money, car sales dropped significantly, even more so than before the program started. The same would apply for jobs. Although it can save jobs for the times being, the government simply does not have enough money to continue for another 5-10 years (which would be a reasonable amount of time for recovery, remembering 1980s when there had been another stock market crash resulting in a recooperation period of 25 years for Japan).

One more word of advice, if you want to know the benefits of the Stimulus Plan, if you are insistent on supporting the government's foolishness, check out their websites. Rather than appearing ignorant and incompetent, they might be blabbing about the good that the Stimulus Plan has done for this country.
Answered By: unknown - 11/21/2009
Additional Answers ()
It has accomplished wasting taxpayer's money and giving it to CEOs of companies that are failing
Answered By: N - 11/21/2009
First of all, the stimulus plan needs more time for the "trickle" down effect to be in full effect. The economy has had 8 (eight) years to become the unfortunate problem that it has. It will take more than 10.5 months of a new presidency to turn it around??? Are you related to Rush Lindbaugh???
Answered By: keito518 - 11/21/2009
I can give you concrete evidence, or pavement anyway. Where I live traffic congestion has multiplied 10 times due to all of the new infrastructure work happening. They are replacing the potable and waste water distribution and drain mains. The gas mains are being replaced as well. As a result most of the roads are being torn up and repaved; which they needed anyway. All of it has been funded by the stimulus. I support the president, but I'm not a policy expert and can't tell you if this is helpful or not. I can say this though, the alternative wouldn't have been better. McCain-Palin ugghhh, it gives me nightmares.
Answered By: rollingrock - 11/21/2009
Well, first off, there is no way to prove how many jobs are saved. That's like me claiming I prevented 10 people from walking outside during a thunderstorm, therefore saved 10 lives. How can you prove how many people would have went outside on their own, or that any of them that did, would have been struck and killed. There is no way to prove one way or another that jobs are saved.

Second, the stimulus was passed last February. Over 200,000 jobs were lost per month during the 8 months March-October. So even IF all those jobs were saved, twice as many were lost during the same time period. Which is why unemployment continues to rise.

Third, those jobs were mainly $75,000 year salaries. The average cost to save them, was over $300,000 each. You could have simply paid four people $75,000 each to sit on a park bench some where, and created 4 times as many jobs.

But the biggest problem of all, is the U.S. government is broke. They have no money, they have no income, they cannot create wealth. Wealth is created in the private sector. So they borrowed all of that money. And just like when you or your folks borrow money, it has to be repaid some day. You and those your age will get stuck paying for it.

So the government borrowed $300,000 in your name, to Provide a $75,000 income for a year. When you are older, you will have to pay back that $300,000 the government borrowed. Sound like it's really benefiting young people and society to you.

When you are older, you will understand, the way a government exists, grows, becomes more powerful, is to create problems, then convince you that you need them to fix the problems they create.
Answered By: gosam777 - 11/21/2009
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