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Fed funds have lots of strings attached
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Give it to the private sector where jobs and wealth are really created, then stay out of our way, better yet don't give it and lower our taxes. Most companies did fine till govt started sticking their head in.
In other breaking news, "Sun rises in east!"
Having no control, and letting the GREED in America topple the middle class is what created this mess in the first place.
Hep, that's the private sector working. Working for themselves at the expense of others. True American Capitalism.
"Most companies did fine???" Yeah, unless they were a publically traded company and watched their worth plummet. Then were forced to layoff, close offices, etc.
Your situation might have been "fine," unfortunately the situation for millions was not "fine."
Just think if the feds stayed out of everything and local governments taxed their people to improve roads. They would have a lot more money to work with and local governments are much more accountable to the people. This "recovery" plan is more like a "prolong-the-recession" plan.
But, we are dealing with politicians, so we should not be surprised.
Our grandchildren will still be paying for this wasteful spending decades from now, plus the huge interest payments which will accrue as hyperinflation kicks in. But we got a nice westside park to show for it? Shortsighted in the extreme, but what do you expect from "hope and change."
The worst part about this whole sorry scheme is that the feds keep changing the rules as they go along, so no one (NO ONE!!!) knows what we will eventually be required to do after receiving this money.
Utah should just refuse to take the bait!
We need to elect people to the nat'l political arena that don't necessarily like "manipulating" the taxpaying public!
The only other alternative is to just hand out cash like Bush's admin. did in the bank bailout. We're finally beginning to realize what a mistake THAT was!
Free capitalism is the ONLY answer to get out of this mess, NOT MORE GOVERNMENT!
Greed did make this problem. One should look at seeing choices made according to good ethics, reform to the healthcare system etc.. before they see change.
Strings should be attached and I am glad they are now centered around the poor instead of the rich.
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