Landscape Architecture for Landscape Architects › Forums › GENERAL DISCUSSION › CALL YOUR SENATOR TODAY!! › Reply To: CALL YOUR SENATOR TODAY!!
The government is attempting to “jump start” the economy with their stimulus package. They don’t know if it will work, it’s an experiment. Republicans say cut taxes, Democrats say spend on infrastructure to create jobs. Truth is I think both are important, and this is why our government system works so well – it’s balanced. Ok, right now it’s leaning a little bit in the spending direction because there are more democrats in power…but the President can’t afford to isolate himself too much from Republicans because he will need them to pass some of his legislation later. That’s why he is listening to them and allowing this bill to be trimmed.
Real estate values won’t grow until the banks start lending money, and banks won’t start lending money until people have jobs to pay mortgages. So, in reality creating jobs is probably the most important part of the stimulus, and that comes from cutting taxes (so employers can afford to pay employees) and making work for people (like infrastructure, national park service,etc) The similarities with the great depression and FDR’s New Deal are enough to make us think that this job creation strategy might work; it worked before. Even with the cost of WW2 we managed to recover and come back as a very prosperous nation in the fifties.
I am optimistic that this package will help. I don’t know how much, but I have a lot riding on the economy right now so I am very interested in how this plays out. I didn’t work my butt off for the last three years as a single Mom, to get my MLA, so I could go and do something else.
