Friday, February 6, 2009

"President Barack Obama's Stimulus Package"

President Barack Obama are trying to passed the Stimulus Package hoping to revive the nations' economic. The Stimulus Package has passed the House of Representatives' obstacle, but it still has a long way to go, since this bill is still at $819 billion. It's a lot of money, and not many people from the government are supporting it. While this bill was passed by the House of Representatives, there are eleven Democrats who are against. On the other hand, there are no supports from the Republicans, which is very obvious. There's a Rasmussen poll showed that the public backing or supports of the bill has decreased thirty percent. Even through supports for the bill has decrease, President Obama are still trying to get this bill passed. He said on the Washington Post saying that "This recession might linger for years. Our economy will lose 5 million more jobs." I think that this is true because if we do nothing, then our economy will be at risk. The unemployment rate will continues to increase, which will cause the nation to falls into a deeper crisis later on in the future. Also, I believe when President Obama said, "The time for talk is over. The time for action is now" is true.

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