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August 17th, 2009
08:00 AM ET

Is the Stimulus Working?

The Obama administration’s economic stimulus plan is turning 6-months-old.

There’s good news out there: The S & P 500 is up 50% since March. Americans lost fewer jobs last month than analysts expected.

But consumer spending is weak and the overall unemployment rate is still high.

Our question for you: Do you think the stimulus is working?

Post your comments here.


Filed under: Heidi Collins
soundoff (114 Responses)
  1. michael armstrong sr.

    It's working ok for the banks, auto industry and insurance company but the people are still in big trouble. when are the people going to be helped?

    August 17, 2009 at 8:15 am |
  2. Hassan (Toronto)

    There are plenty of immediate indications that the stimulus plan is working to some level. However, I believe it will take more than 6 months to fully witness the fruits of this. It is a big mess and it took a lot of time for the US economy to get to this level. It's too early to call. Recovery does not happen overnight.

    August 17, 2009 at 8:54 am |
  3. snakesup

    obviously not working unless you are buying a car or buying a house. jobs losses continue and saying fewer job losses is a nose job....losses continue

    August 17, 2009 at 9:21 am |
  4. Tom

    No, it is not working. Recessions come in Cycles. I am old enough to have seen some come and go including the Carter years. I believe however this time Government has really put their foot in it and blunted any recovery for a long time to come.

    Congress should return the unspent funds and decrease our deficit and get us back on an positive economic tract.

    August 17, 2009 at 9:24 am |
  5. A.Majithia

    Isn't the question mute? Of'course it is working. Let us separate fact from expectation. If we level set the expectations, I am much better off today then I was last December.

    August 17, 2009 at 9:25 am |
  6. Bernadette Loesch

    Dear Betty, Our course the Stimulas is working just not quickly enough for it's critics or people who are in dire straits. We should be touting the fact that Pres. Obama and his administration 'hit the ground running' in January and haven't stopped since the inaugration. Contrary to what people think Pres. Obama does not walk on water. The Republicans are happy to keep the heat on this new administraiton with the perverse logic that if they do it will keep the spotlight off of them and the horrendous mistakes they made to get us to this time and place.

    August 17, 2009 at 9:26 am |
  7. james s lenon

    The stimulus package will work if the financial industry doesn't sit on their share in order to pay out more un-deserved bonuses.
    What will eventually help the American workers who still have jobs, and those who still have marketable skills will be the infrastructure projects that need to be begun.

    After 8 years of Reaganomics and another 8 years of Bush/Cheney, there is no rapid fix to force recovery. Obama deserves public support as he tries to reverse the effects of an administration that bankrupted the nation for the benefit of corporations.

    August 17, 2009 at 9:27 am |
  8. Larry Lootsteen

    I'm a little confused. The question is whether the stimulus is working, not if you've seen any impact in your life. Going to polling to see if the stimulus is working is life asking me about the technical details of a space launch.

    To answer your question you would need to evaluate what miney has been doled out and if it is having a positive impact.

    And by the way, the Bank of Canada said Canada was out of the recession a couple of weeks back (despite the government being more wary). As your largest trading partner and long time Afghan partner, I think just a little respect is in order!

    August 17, 2009 at 9:28 am |
  9. Tara

    It's working for us and our family. We have been in the red from last march -2,000.00. Since the bill we have been gaining. The Mutual fund is up, my Daughter's college fund is up as well; not to mention my and my husbands IRA'S. We are finally in the plus and yes we have just purchased a New car and by the end of the month a new home at a fixed rate of 5.25% with no Points. I strongly disagree! It's working for me and my family. Thank you Mr. President!

    August 17, 2009 at 9:28 am |
  10. Ted Michorczyk

    Govt stimulus sounds good, but we all know govt is
    extremely inefficient, and always find some way to ruin
    any project. It's all spin.

    Last year my Bush $600 stimulus check went straight to pay my
    mortgage. Now the "hurry up" stimulus or the world the
    sky will fall from February, is hardly being spent at all as
    of yet. And almost all of it won't create jobs, just pay
    off debt from states, and is molasses in its movement
    otherwise.

    So so so much debt !! We need some fiscal responsibility
    in so many governmental segments. Where to begin
    is the question. I answer is stop spending as much as
    you can and rebuild your house on a stronger debt free
    foundation. It's silly to even attack health care reform now,
    because they have screwed up monetarily in the past,
    and we cannot afford to even attempt another massive program
    like this. How about do some simple cheaper stuff, before
    massive, larger (doomed to be inefficient) stuff ?

    August 17, 2009 at 9:30 am |
  11. andrew

    The stimulus is not working. It is really just a giant spending bill full of pork. It was the wrong approach in such a time of urgent need.

    August 17, 2009 at 9:30 am |
  12. Don

    Is the stimulus working?? I think it is, but there was a much better, faster and cheaper way of doing this. We did not have to borrow billions from others ballooning the money we owe! My grandkids will be saddled with the costs. Inflation will kick in as it did under Carter,...who was so opened minded that he gave away the Panama Canal. He was stupid.
    Tax reductions for businesses, tax credits for hiring people that receive subsidies / Fed programs.

    I really DO NOT agree with the way this has been done and think that the Presidents short sightedness will cost him and us. I worked in Union Organising and can clearly see what game he is playing with our money. He and I both were community organisers.

    August 17, 2009 at 9:31 am |
  13. Mark

    Funny how quickly we forget the promises made before the elections and how quick people are to make excuses for nothing being done. I've seen no indicators that directly support those who have been most affected.

    All I heard before the election was that the President had a systematic plan for the recovery. Is this the plan? Is this what he had spent so much time promising? I heard nothing about that plan taking 6 months or even a year to fix during his lip service.

    How naive we are and how easily led we are by words rather then action.

    August 17, 2009 at 9:31 am |
  14. Donna

    The question you asked of Christine Romans was "Is the stimulus working?" I stopped what I was doing expecting to get some information about how much had been dispensed – and what the impact had been. But all we got from Romans was what some poll said people thought about the stimulus. Who cares what people think – invariably what they 'think' too often reflects their ideology. And what people think is useless information – time filler, cotton candy!

    I wish news organizations would spend more time investigating and bringing us news about what is ACTUALLY happenIng, rather than commissioning polls and telling us what our neighbors and countrymen THINK is happening. Geez....

    August 17, 2009 at 9:32 am |
  15. Mike Stanton

    Those who have been paying attention know that thousands of teachers, police, and firefighters have been saved from layoff because of the
    stimulus package. . . .Many other cuts to governmental services have been avoided . . . unemployment benefits were extended for thousands . . . COBRA cost were slashed . . . road and bridge projects are in the works. Anyone who says the stimulus isn't helping have not been paying attention.

    August 17, 2009 at 9:33 am |
  16. jim fleming

    I am a salesman that covers southern Wisconsin, eastern Iowa and north and central Illinois including Chicago. My company manufactures and sells industrial, manufacturing and construction supplies direct and to major suppliers who are ALL down dramatically . Our business has dropped like a rock since April of this year and everyday I am out there all I see are companies cutting hours, reducing salaries and benefits and filing bankruptcy. There is no pattern to why or who. I am seeing companies as large as as one of the major tire manufacturers in this country try to operate without any upcomiong orders to companies like Grede Foundry in Milwaukee just give up and file. Smaller companies are in just as bad if not worse condition. I don't see any of this so called economic stimulus helping anyone except for the banks and car companies that created the problem. Our government needs to butt out and stop spending tax dollars just for politicians to save their own political agendas and personal interest! This new government health plan will just make these negatives escalate.

    August 17, 2009 at 9:33 am |
  17. Mike Ansley

    The Obama stimulus package is not working as it was designed to do. The inefficiency of government has only allowed about 10% of the total $787 billion to be spent until today. Jobs have not been created or saved; au contraire, even more folks are out of work now than eight months ago. People have no confidence in either the economy or the Federal Government and they haven't seen any money come to th

    August 17, 2009 at 9:34 am |
  18. angie finamore

    If you believe that "slow and steady wins the race", the stimulus is working. Time and patience are required. This stimulus is not only working in the short term, but it will also work in the long term – which is so important.

    August 17, 2009 at 9:40 am |
  19. Mike Posey

    The recession has not affected me or my wife...we have no children...Most of what people spend is on their kids....education, clothes, electronics, etc...by opting not to have children, my wife had a full career as a health care professional, retired at 49 with all the perks, is 60 now, and we live good....I get Medi-Care, Medi-Cal, have Wellcare for my prescription drugs....She has Health Net for hers...She takes over 1400 dollars a month in drugs.....She pays less then 60 dollars for ALL of them....I have diabetes, a colostomy, Chronic Kidney Disease, and Heart Disease, along with chronic neuropathic pain....I take a lot of meds, and use supplies...My diabetic test strips are a dollar a piiece...I get them for free, along with all the other supplies, through Medi_care...I use 1400 dollars worth of colostomy supplies, pay nothing, through Medi-care again...My other drugs, and there are many cost me $6.50 a MONTH, at my local pharmacy....Obama says he isn't going to change that...He says if you like what you have, you can keep it...I intend to keep mine...They are not going to "ration", end of life is an issue my wife and I have taken care of with "living wills"...We both have notarized papers at our doctor's office that tell them to pull the plug in the event of a catastrophic, or terminal illness...end of story...This is available to everyone....the "fear mongers" on the right are trying to scare old folks, a huge and very vocal voting block, with all this crap their tossing around....I absolutely do NOT believe that no matter what passes, I'll be affected substantially...We have a good income, from pensions, and Social Security, no kids to spread it around to....we own two cats, they cost us about $40.00 a month to keep up.....My solution is pretty simple.....IUD....worked for my wife, and she got to work 25 years uninterrupted, retire early, and enjoy the rest of her life.....Children are a drain on the assets of everyone we know, all our friends, have kids and grandkids...we're the ONLY childless couple in our social groups...I am GRATEFUL my wife decided to use the IUD all her life, and NOT have kids....I like kids, so does she...OP's....Other People's..They are wonderful, God bless parents, we just knew we weren't "parent material" early on....Most problems in the economy come down to this: Single mom's with sniffly nosed kids they can't afford to raise, who go to ER's and use them for primary care...I hear it all the time....Those folks never pay their bills, and the rest of the country picks up the tab....One hospital in San Diego is REFERRED by the others to illegal immigrants, because they ask no questions, ask for no ID, and simply treat people, and never bill them....It's Grossmont Hospital, and any day or night there will be a hundred Hispanic people with dozens of kids with runny noses getting top treatment, for essentially, nothing....That's the REAL problem...we subsidize people who are IRRESPONSIBLE.....If you can't afford a kid don't have any.....Every race is involved, it isn't a racial thing. I'm half a Mexican, my mom was a Mexican....I have a whole slew of brothers and sisters...we were never seen by a doctor, first one I ever saw was when I joined the Army...Got my teeth fixed, the whole deal....It's not changed much since then, which was the early 60's. I have very little empathy for people who have kids, can't afford them, and take them to the ER for primary care....it's not the best care, and EVERYONE in the nation picks up the bill, including me and my wife, who had no kids at all...Somehow, Obama ought to figure out a way to see that those sniffly nosed kids have a real doctor to go to, and that doctor will get paid a fair price to treat them.....Talk about "waste"? There's a whole bunch of it....Send a news crew to Grossmont Hospital some Friday night, and ask the 200 people in the waiting room "how many of you have health insureance?" My guess is about 10% will answer in the affirmative....the rest, if you can speak Spanish will tell you they don't have insurance, live in Mexico, and come there because they can, for free.....That's where the health care debate ought to be going...It isn't racist, it's simply the truth.......Mike P. Lakeside California

    August 17, 2009 at 9:41 am |
  20. Ilemona

    Why poll the same folks that ran up their credit cards and took out first and second mortgages way above their pay grades? I think polls like this contribute to the fever and serve no real purpose except CNNs ratings at all costs.

    August 17, 2009 at 9:44 am |
  21. Phillip Mccallum

    Unless you pay child support . Seriously it has put some starch back into the economy. But I feel it has only helped Main Street and Wall Street but not those of us on the Side Street.

    August 17, 2009 at 9:56 am |
  22. Clint

    Let's look at it simplistically by comparing Obama’s term thus far to that of a child making their way through school. Currently, our President is seven months into his first term in office; this would correlate into Barrack being about three-quarters of the way through second grade. Would it be fair to critique what he’s done thus far in his scholastic endeavors? There are so many other issues on the President’s agenda that will assist in promoting a healthy economic future (including education) within the remaining three years and five months of his first term. Unlike the previous “Graduate” I don't think Obama will decide to waste his senior year sleeping in study halls instead of challenging himself by taking Economics.

    August 17, 2009 at 9:56 am |
  23. CYNTHIA MANLEY

    OF COURSE, IT'S WORKING. PEOPLE ALL OVER THIS COUNTRY ARE IN JOBS CREATED BY THE STIMULUS.
    WE'RE IN THIS THING FOR THE LONG HAUL.
    THE ECONOMY WAS TEETERING ON THE EDGE BEFORE JANUARY 2009 THAT WE MUST HAVE SOME COLLECTIVE PATIENCE.

    August 17, 2009 at 9:58 am |
  24. Terrance Slaughter

    Yes, the stimulus package has help. Without the banks borrowing from the government, applying relief to the market and to investor, here in the U.S. and oversees. We could be living in harder times than we are now. Only thing I wish is that the government would have taxed them before allowing them to borrow all that money.

    August 17, 2009 at 9:58 am |
  25. Sher

    Yes it is working. And more has to be done to clean up the horrible mess made by Bush and the Republican White House.

    August 17, 2009 at 10:07 am |
  26. joe

    Dont let the stock market be your signal that the stimulus is working, can I ask anyone reading this if they are working on a stimulus created project? Retail sales are falling, interest rates are going up, foreclosure are increasing and unemployment continues to rise – I vote the stimulus has not worked and the transparency Mr. Obama promised at the onset of his Presidency is non existent. Does anyone know what has happened with TALF, TARP, PPIP? European countries are already exiting recession without spending a fraction of what we have spent and we are talking of a second stimulus and Mr. Obama's targeting of the "rich", targeting of Wall Street, targeting of capitalism will drive away talent and jobs. Did anyone read that Chrysler will build its new line of Fiats in Mexico – good job Mr. Obama.

    August 17, 2009 at 10:16 am |
  27. Bill G

    I do not know, nor do I know anyone who has been helped by this ! Why ?

    August 17, 2009 at 10:20 am |
  28. jean

    Absolutely working. We are not reinventing the wheel; other economies have used the same formula and have succeeded. If we are patient, so will we.

    August 17, 2009 at 10:20 am |
  29. John (from Fremont, Ohio)

    Dear CNN,

    I think the stimulus has worked to keep the automotive industry alive and the credit industry from failing. That prevented another Great Depression. But for small business and ordinary paychecks, the recession is still very much alive.

    Respectfully yours,

    - John

    August 17, 2009 at 10:21 am |
  30. scott clear

    Get real!!! It is way too early to ask this question. It took literally years (maybe decades) for the country to dig the hole it is in now. And you want it fixed in the first 200 days of the Obama administration? Fixing years of bad business practices is going to take years also. Let's have a little patience, and give it time to work.

    August 17, 2009 at 10:23 am |
  31. Noah

    In a word: NO

    August 17, 2009 at 10:23 am |
  32. Jason

    No, the stimulus is not working. It was just a political move. The economy is fixing itself. The stimulus has contributed zero to fixing the economy.

    Housing continues to be the biggest problem, yet the stimulus has done very little for the home owner. i dont understand why the government and banks rather see home owners burn instead of lowering interest rates to like 1%. The banks still make money and the home owners can get a break and pay there loans off. If home owners can pay back loans the country will not be as much in debt as we are now. Why doesnt the government force the banks to lower interest, my car loan is 1%. Bank greed is still the biggest problem with home loans.

    Even with new people buying forclosures about 90% of home owners are upside down on mortgages. They wont be able to sell, they wont be able to pay back the loans.... this is a huge problem which still has not been addressed. There is no way home prices will rise in even the next 5 years to the place where they can be sold to even break even on there loans.. this is huge problem and many americans are in huge debt.

    August 17, 2009 at 10:24 am |
  33. Marleana Carlson

    While visiting recently in the Red River Valley–around Fargo, N.D.– I saw massive road repair projects that have been funded by the stimulus. The local people are working–some even overtime–on these projects. When I returned home to Pennsylvania I found that a long stretch of a local highway is being repaired also funded by the stimulus. Once again, Americans expect an immediate fix. This economic situation is not like a headache. We can't just take the equivalent of an aspirin. Let the program work!!!

    August 17, 2009 at 10:26 am |
  34. Gail Gray

    Stimulus money spent on repairs at our national parks will be spent with businesses manufacturing and selling the lumber and other equipment needed for the repairs. Of course, that will help the economy!

    On another note, shame on previous administrations who have not been good stewarts of our national treasuers!!

    August 17, 2009 at 10:27 am |
  35. Eric

    Heidi,

    The Stimulus Plan is working. The economy is showing signs of improvement in many areas. Any one who expected to wake up and the economy would be back to normal, days, weeks or a few months after the stimulus plan was implemented were fooling themselves. It took years to put the economy in this bad state, it’s going to take at least a year to climb out of it.

    Eric
    TX

    August 17, 2009 at 10:27 am |
  36. Dennis

    Ok, lets get real! It took Bush 8 years and over 5 trillion dollors to mess everything up, it will talk longer than 6 months to fix it. I am amazed that things are going as well as they are.

    August 17, 2009 at 10:28 am |
  37. David Plumley

    Heidi,
    It indeed has only been six months. The stimulus package has started to work in some areas and has been hindered or is slow in others. Here in South Carolina, for example, our horny governor refused to take stimulus money until he was forced by our state legislature. It has yet to begin making any difference because it hasn't had time.
    It needs more time.

    August 17, 2009 at 10:28 am |
  38. Eric

    All of the stimulus money and all opf the bailout cash was wasted. The economy continues to worsen contrary to Obama and Biden's claims that the recession is over. Employment numbers are skewed because so many people ran out of unemployment benefits. The piece you did on the parks is just what I mean. Millions and millions of dollars for maybe 8,000 jobs. Obama gave billions to GM to save 65,000 jobs. Where is the value?

    August 17, 2009 at 10:29 am |
  39. kareem mccullough

    i think we are seeing signs of the stimulus working but it is still to early to tell obama himself said we would see a turn around near the end of his first term yet everyone feels the need to judge him and say he is doing a bad job because the economy is not completely in a little over 200 days. i think people forget that obama is not a magician as much as i would love for him to be able to wave a magic wand and fix America this is the real world and things take time. people just need to be patient

    August 17, 2009 at 10:30 am |
  40. Lewaune Hanson

    No, the stimulis package is not working. Jobs are the key indicator to the people. I believe the stimulis package is only helping the Banks and not the people. Manufacturing and Construction are the backbone of the economy and these sectors are being ignored by the government (except for the auto industry). Additionally, home values were harmed by bad loans.A home has been the major investment of the middle class. The middle class is also the engine of the economy. There has been no help for the middle class. With no help, we may have a very, very slow recovery. Worst of all the size of the middle class may be reduced because of loss of wealth.

    August 17, 2009 at 10:30 am |
  41. G Moss

    Regarding should the National Parks received stimulus. YES absolutely it should. The architecturel/engineering firm I worked for employed hundreds of people to work on the survey of all those buildings. If the contract is signed for the next phase, it would keep that firm from laying off employees in the future plus create many new jobs. When the A/E/C (architecture/engineering/construction) industry is down 76% in employment, it's responsible. And necessary.
    I do not think people understand how bad it is for this industry. Me and my boyfriend have been out of steady work for almost 2 years now. And since we both worked in the industry over 20 years, the majority of our friends are struggling too. Especially many of us that have worked for decades and have fantastic talent , experience and ability to offer. The real estate and financial industries killed our industry. Either firms/companies have no work and lack of work. Many that are still working are in fear every day of losing their job.
    Please CNN followup with a report on the job loss in this industry.

    August 17, 2009 at 10:31 am |
  42. Abe

    In regards to the money that is projected to be spent in the National Parks, I think it is a great idea. Many people don't see the upside to this and the CNN report didn't really cover why the Park system is so integral to our economy. I work as a guide and accompany groups of Europeans to many of the parks of the west. During the summer the parks are filled with international travelers. I'd say about 75 percent of the park goers are not American. They rent cars/RVs, pay entry fees, buy gas, buy food, eat in restaurants,buy gear and gifts, THEY STIMULATE our economy. They are spending foreign money in our country. We have one of the best national park systems in thw world and that is why they are so highly visited. How many people do you know that have gone to Germany to do a month-long tour of the national parks? We were smart enough to set aside some of our land to remain in a natural state and these lands are more valuable than we can imagine. Save the parks! Save the environment!

    August 17, 2009 at 10:32 am |
  43. amwa

    Yes it is working but everything won't be realized in 6 months. Lets face it it took the Republicans 8 years to destroy our economy. If the Republican losers were not the party of no to everything because we didn't think of it, it would get better faster.

    August 17, 2009 at 10:35 am |
  44. larry Kellerman

    Yes the stimulus is working in Central IL. Interstate 74,the roughest highway stretch has been completely resurfaced. It put roughly 200 people to work, placing valuable stimulus dollars into the local economy and minimizing wear and tear on vehicles that travel that stretch. Other stimulus programs are keeping valuable dollars coming in. A win-win for all.

    August 17, 2009 at 10:36 am |
  45. John

    Yes, the stimulus is working. Unfortunately, the indicators that impact consumers the most are trailing rather than leading indicators. Things such as the stock market (a leader) is up this year, inventories are down (a good thing as manufacturers' and retailers don't reorder until inventories decrease). Unfortunately, employment is a trailing indicator and we'll not see the impact of the stimulus on this most important and transparent indicator for a few months.

    August 17, 2009 at 10:37 am |
  46. John J.

    It's a joke a few construction jobs for 3-6 months , return the balance to the American tax payer ! If former Pres. Bush pulled this scam the left wing media would be all over this subject and wasteful spending.

    August 17, 2009 at 10:37 am |
  47. Tony

    Yes Heidi, the stimulus plan is working , I was layed off from the GM plant in Delaware Back in Dec 08, and was able to fine a new job in march 09. My new job doesn't pay as much, but its still a good paying job with benefits. Plus the company I work for has hired 6 more employee's since march...

    August 17, 2009 at 10:38 am |
  48. Rose Marie Zyla

    No I don't think it;s going to work. If it was so good why don't all the senators and congresman and of course the President be a part of this bill and relieve the tax payer from paying there High Cost of Insurance. What's good for the goose is good for the gander. I think its about time the government gets it's hands out of the tax payers pockets. We have handed out all this stimulus money to create new jobs in Amnerica and the Auto companies are going to other countries and expect us americans to purchase there vehicles. This has been the problem right along the government has caused this problem and want to fix it with our tax dollars well to me enough is enough. The auto companies are going broke and why they have let go of all the people that used to be there customers and of course the families of the x-employees. It's time we stopped the spending and figure out how to get out of this mess the government has put us in. Nothing like this happens without the government they just lost control of the suppose to jobs and expects the tax payer to pay for there stupity. I don't want my children and grandchildren to be cursing me in the grave as to the big mess they will think the ordinary people has left them with. It's about time the people stand there ground and let everyone in Washington know we will not stand for there spending of our tax dollars anymore. Maybe they should take a pay cut also like everyone elese has had to and loose a few benefits like the retires have. Remember people when we found out they were going to give themself's a pay raise and they seen the peoples reaction to it they dropped it from the table, then one day in the early morning hours it was brought up and the people woke up to hearing they voted themselves that raise and nothing could be done about it. Were dealing with sneaks in the night and if let down our guard this will happen again believe me.

    August 17, 2009 at 10:40 am |
  49. Donald

    Yes the stimulus is working. If the money was just tossed out without accountability then everyone would be asking for the head of the president. It is easy to destroy anything but when you are building or planting, you have to plan and put safe guards in place before you even start the actual process. The economic disaster that was the stimulating factor for the stimulus was more than eight years in the making. The full effect of the stimulus will take about a year to be fully realized but again yes it is working. Any form of legal job created as a result there of is a stimulating factor because the recipients have money to honor God the creator, pay taxes, save/invest, buy grocery, pay health charges, pay education charges, pay their bills (mortgage/rent, water/hydro/gas, home/auto insurance, home/cell phone etc.) and clothes. Look how many sectors will be affected by one person. Now multiply that one person by four million (4,000,000) and you will realize the effect of one person putting $10,000.00 back into the economy over a year period that work out to Forty Billion Dollars ($40,000,000,000.00) and the sectors inturn pay taxes to the government. Let us start looking at the big picture and stop being near sighted and majoring in the minor. The president sees the big picture and is looking into the future to make The USA to be the world leader. China is investing like crazy because fifty million (50,000,0000) people have one and half billion (1,500,000,000) of their country men as their slaves who they pay pennies per hour with little or no health benefit to work all day long. Thanks to many American companies who are lobbying the Senate and Congress members. When the president say he will reward American companies that keep jobs in the country why is no one applauding him for that. Many American jobs where outsourced over the last eight years so these American companies could make more money to pay stock holder and crooked executives while laying off Americans. LET US SIDE WITH THE PRESIDENT TO RESTORE UNITED STATES OF AMERICA. GOD BLESS THE UNITED STATES OF AMERICA.

    August 17, 2009 at 10:47 am |
  50. elizabeth russell

    Yes, the stimulus is working. It is slow, but 6 months is not long, considering the sad mess we were in. It took a long time to get us in that mess! What if we had not had the stimulus? Where would we be now?

    August 17, 2009 at 10:49 am |
  51. Andrew LaPorte

    The stimulus plan will work, it is just in its infancy, it has to be given a chance. Lets see where it is after 1 year. If no better, than it failed. If better, than it was successful.. It is jut too soon to be making these judgements.

    August 17, 2009 at 10:50 am |
  52. Charles

    I don't see the stimulus working in my neck of the woods. I still don't see the jobs, nor do I see new businesses or franchises being opened around here. No road work or bridges being rebuilt.

    August 17, 2009 at 10:51 am |
  53. SJ in NC

    I have not seen any improvement personally, but maybe if they (gov) keep telling me things are better over and over I will begin to see it. For now, I am still struggling to put decent food on the table and provide for my family. (I am a teacher and we are getting cuts and losing jobs here so who knows the future.)

    August 17, 2009 at 10:51 am |
  54. Carole Auer

    Yes I believe the stimulus is working, however I believe the individual(s) are scared and not spending. A lot of fear is created by the media .. though with good intentions I am sure ... but if you said ... Hey things are turning around .. looks very good .. more often .. then you would create more confidence. As it is you tend to create fear. Sorry.

    August 17, 2009 at 10:51 am |
  55. bill king

    The stimulus is working for the selected few that support the administration.
    In general the stimulus is not working for the economy or for the general population.

    August 17, 2009 at 10:51 am |
  56. Rick

    I don't see where the stimulis package is doing any good. Ten's of thousands of people are still losing their jobs each week. The layoff rate may have slowed down a bit, but in no way has it leveled off. To boast an 8,000 job increase over a two year period to rehab our national parks sounds pretty ridiculous when three times that amount of jobs will be lost this week alone.

    I like most people I know have been struggling the past two years to find any form of work at all. I have virtually exhausted my retirement funds try just to survive. I am on the verge of forclosure, and I am wondering where I will be able to legally pitch my tent to survive this winter without being harrassed by law enforcement.

    Not much hope, Rick in New Hampshire

    August 17, 2009 at 10:52 am |
  57. john

    No the stimulus is not working. Our government cannot buy us out of trouble.

    Those who think it is working are failing to consider the increase in the national debt and how it will be paid off.

    Congress needs to put the remaining money on the debt that is rapidly increasing. This is a threat and detriment to the future economic health of out country.

    August 17, 2009 at 10:53 am |
  58. Bill M

    Well without the stmilus, I'd be paying $465. per month to maintain my health benefits under COBRA. With the stimulus I pay $156. I also receive an additional $100. per month on unemployment which comes in very handy. So personally for me that part is working.
    I just wish that the hiring process under the governments webite USA jobs was a little more quicker. It seems there are a lot of government jobs out there but it takes forever to get called.

    August 17, 2009 at 10:53 am |
  59. Don

    I don't think the stimulus package has had any significant positive impact on the economy. If anything, I think it had a negative impact on consumer confidence.

    August 17, 2009 at 10:54 am |
  60. Scott Stodden

    Betty I honestly do beleive the stimulus is working in ways but in other ways its not. I dont beleive that the stimulus money is being dispersed as quickly as it should be, but on the flip side of things there are some jobs being created and saved, the stock market is doing better now than it was, and the country is overall better off than it was doing under the Bush administration. The thing we need to focus on right now is how to continue to lower the unemployment more than just from 9.5 to 9.4. That is not enough, I know when it comes to spending I only spend what I have to spend, I go out and get what I really need which is what everybody's doin. I just dont think the stimulus plan is enough to jolt the economy, its just a band aid

    Scott Stodden (Freeport,IL)

    August 17, 2009 at 10:54 am |
  61. Carla Bates

    No, the stimulus plan has not helped me at all. Where I work, we have never had to pay into our retirement program. We will not have a pay raise for at least three years. Now, we have to pay into our retirement fund. 1% until you make $50,000 and then 2% after that. So not only am I not getting a raise, we pretty much had a pay cut by having to pay into our retirement program now. I am thankful that I still have a job, with so many losing theirs, but I was already working 1 full-time and 4 part-time jobs trying to make ends meet. I really don't know if I have time for another job (because I am also working on my doctorate degree part-time) to make up the difference of no pay raise even though prices continue to rise and the money being taken out of my paycheck for the retirement program (which in November and December when you need more money for Christmas, personal taxes, property taxes, income taxes) they will be taking out even more out of my paycheck for the retirement program.

    August 17, 2009 at 10:54 am |
  62. DJ

    I just recently bought a house. I think having to file for the $8000.00 tax credit by regular mail slows the stimulus since it will take 8 weeks to buy the new furniture/lawn mower etc for the new home. If the IRS would speed up its process consumer buying would be greater...dj

    August 17, 2009 at 10:54 am |
  63. Vinson Scott

    I believe the stimulus was a mistake to begin with. The increased debt per year is not manageable. Much of the stimulus plan was pay back for presidential support. Every democratic member of congress put their pork in that plan. Much of the money is going to waste and abuse. Much of the money is being spent on things that were not meant to be such as the MTA using the money to give raises. Government attempts to correct such a huge downfall in the market can only be repaired by jobs and tax cuts. Unfortunately, serious inflation will be one of the factors to correct this market. The government should stop this wild spending. Thank you for listening.

    August 17, 2009 at 10:54 am |
  64. Mich307

    Yup, the stimulus is working perfectly... for the FED thieving thugs and congressmen/women, Prez all in their pockets!

    August 17, 2009 at 10:54 am |
  65. Mae Leader

    I believe the stimulus is working. Our weekly paper in Taney County, Missouri has reported on projects and programs funded by the stimulus money. Perhaps people living in large metropolitan areas don't get the coverage that smaller areas do.

    August 17, 2009 at 10:55 am |
  66. Nancy

    We tried to refinance with Chase however the Appraiser who was sent to us choked us with a low property value (about 5 thousand than what we needed to qualify) and eventhough the loan manager who we talked too felt that he made a mistake using a property that doesn't match ours which lowered the average, still we were denied refinance. It was a bad experience. We are still frustrated with what happened. Nancy (Orange County, CA)

    August 17, 2009 at 10:55 am |
  67. Jim Patras

    Yes, it looks like the stimulus is working but nothing will stabilize until people are back to work and consumer spending increases. The housing market is still a very big concern of mine.

    August 17, 2009 at 10:58 am |
  68. Jedidiah Simons

    I don't think it is working and all the government is doing is spending money they don't have, plus i don't want to be paying for those particular taxes or my children paying taxes. if we approve of other stimulus bills the next 10 generations can be paying for taxes because of the stimulus packages.

    August 17, 2009 at 10:59 am |
  69. PE in CT

    There's still a lot of work to be done, but yes, the stimulus is working. Things are looking up, but we've got a ways to go.

    August 17, 2009 at 10:59 am |
  70. David

    As I recall, the economy was in a free fall, and the stimulus bill had the immediate effect on stopping that. Now, it is up to the American People to spend, work and carry the economy back to a strong position on the world stage.

    August 17, 2009 at 11:00 am |
  71. Tom Camp

    Of course the stimulus is not working, because it was never structured to get the majority into the economy in a quick fashion. Consequently, little of the money has been spent. It became a pork bill for congress' friends and supporters instead of a stimulus package. A better idea for the $787 billion would have been to not take it from the taxpayers in the first place. That would have left the money in the economy and put it to work immediately. That didn't happen because too many members of congress refuse to give up any control. The best solution to the country's economic problems.....and a lot of other national problems....is TERM LIMITS.

    August 17, 2009 at 11:03 am |
  72. Tom Lundgaard

    The stimulus appears to be working, albeit maybe a little too slow for some, but we have seen quite a few new jobs and numerous re-hirings in the Phoenix, AZ area.
    Several thousand schoolteachers were re-hired this July. All as a result of Stimulus dollars. I bet if you asked them (the teachers) if they think the plan is working, you would get a resounding wahoo!
    Progress is progress. it will take time, like the president said at the beginning, but I think we will continue to see a slow but steady stream if positive impacts over the next 6-12 months.

    August 17, 2009 at 11:03 am |
  73. Bob Daniels

    The stimulus plan is working. Our country was on the verge of collapse and this plan prevented that from happening. One hears the Republicans regularly ask if different proposed stimulus programs, such as improvements to National Parks, contribute to the stimulus. Yes they do, all such money eventually is spent for labor. That is how we get our country back to normal.

    August 17, 2009 at 11:03 am |
  74. Darryl

    I really wonder about the stimulus. I am a veteran receiving a pension and I had to remind the Veterans Administration that I was due a check. How many other Govt. entities have to be "reminded" that they owe this money to the American people?? There are a number of Americans who are out of the loop when it comes to knowing how to following up on whats due them.

    August 17, 2009 at 11:03 am |
  75. James

    The problem is the administration has not explained how government contracting works. Most of the stimulus funding that requires large contracts will take upwards of 90-120 days to execute. That is just the funds being spent by gov't, the funds spent by states may take longer. 2010 will see siginificant increases in stimulus expenditures.

    People saying it's not working have no clue how long government contracts take. Acquisition personnel go thru pain staking review to ensure the tax dollars are protected. Contrary to goobly gook foes spout.

    Go read folks go read. If people knew more about how the gov't budget works then people would see clearly the republicans are pushing gabage talk.

    August 17, 2009 at 11:04 am |
  76. Reilly

    No, it is not working. We need to cancel the rest of it as well.
    We're heading for a record 1.8 TRILLION deficit this year!
    The dems took control of our nation's(congress) checkbook in 2007 and have 7 times inflated & ran up the deficit than under Bush.
    Inflation will be full blown by Christmas.
    My house is still worth 1/2 of what it was, my 401K is still down 25%, my neighbor lost their home last week and my daughter just got
    laid off! Our unemployment rate in our county is 18%. We're still paying high property taxes on deflated values that won't change until next years assessments. Prices in the grocery store never dropped
    after rising last year when gas prices where up. We need to clean out congress and get some fiscally responsible people in there!

    August 17, 2009 at 11:04 am |
  77. John in Texas

    What stimulus? Here in rural central Texas, we see absolutely no evidence that the so called stimulas is anything more than a Washington myth.

    August 17, 2009 at 11:05 am |
  78. karen bashkirew

    Yes, definitely! My husband and I just drove cross-country from PA to Montana to visit our son, and all along the way, we saw lots of people working to repair bridges and re-pave roads and the Recovery logo was posted at the sites. Also, there have been lots of stories in our newspaper back in PA and here in Montana telling of new projects and jobs created by stimulus money. So, it's working. And the money will be continue to be distributed for the next year and a half, so we need to give it time.

    August 17, 2009 at 11:09 am |
  79. James In Kamiah, Idaho

    Look, the only thing frightening about a public option is the paranoid criticisms of it.

    August 17, 2009 at 11:10 am |
  80. Dennis

    Yes, it is working and very well. First and MOST important, we are not headed for depression. Read your history – without the stimulus, we weak pampered Americans would not survive a depression.
    Banking is getting stronger. People are getting jobs. Cars and houses are being sold. The stock market is climbing.
    Two members of my family now have good, high paying jobs. Two members of my family, who were renting, are now buying houses.
    Yes the stimulus is working, but there is a long way to go. We didn't get into this mess in 6 months. It took years. It will take years to get out of this huge mess.
    Be happy that you have a brilliant President who has surrounded himself with brilliant people, and not political favorites, and who is making the right decisions to attack the many problems that we have been stuck with. Dennis Monongah, WV

    August 17, 2009 at 11:14 am |
  81. Adam Binder

    This country's population, for the most part, must have a "Feel Good" attitude and result for just about every and any of life's issues with as little discomfort as possible. The politicans use retoric and money (creating an insurmountable debit) to fix the problems quickly. Granted, that FDR's New Deal had some positive programs which were necessary, but this country in that era was also made up of people of a different mind-set and work ethic. Not everything that was put into place during that era, such as the "Big Government" bureaucracy that could address everyone's "Pet Issue", was a positive move. We all are paying for that and the growth of that mind-set to this day. We in upstate NY certainly have not seen positive results. Farmers, small businesses etc. are hurting, plus our state government fiscal situation leaves much to be desired. Too much good money has been spent after bad already with little, poor or no results to speak of.

    August 17, 2009 at 11:20 am |
  82. Rodney

    Yes, the stimulus/bailout is working. All one has to do is compare today's consumer confidence level with last year's. Examining other the trend of other economic benchmarks should show the same or similar answer.

    No, the stimulus/bailout is not working as good as it could because it missed most of its potential. The foundation of our nation's economic power is convergence of the American worker\consumer\homeowner not the almighty corporation. The bailout locked-in much of the excess profits of large institutions and large investors to the detriment of the average American.

    Just imagine how much better our economy would be if we would have eliminated those excess corporate profits which is being paid by the American worker\consumer\homeowner.

    August 17, 2009 at 11:21 am |
  83. Tom in NY

    Greetings:

    The stimulus did well to 'feather the nest' of the banks, but it has done little to nothing to help the general population.

    We can talk about should'ves and could'ves but the fact is that the money did not go to the general population.

    The money allocated for Stimulus was 800Billion. I'll assume that there are 200Million eligible people to receive money. Those 200Million would've received 4 thousand dollars each.

    Surely 4 thousand dollars is enough to make a 'good faith' mortgage payment, or pay for gasoline or food or something to help the general population get some relief.

    This is all in retrospect, without the politics of fear that often happen during major events when people don't have the common sense to analyze the situation and are vulnerable.

    August 17, 2009 at 11:24 am |
  84. don

    Betty, it's working but it could use a real push to make it work more effectively. People have to remember that Obama and the country inherited 8 years of fiscal disaster from the Bush administration. It's going to take a while to repair our econonmy.

    However, I believe that this is also a ripe time to reform our immigration policies. There are more than 12 million out-of-status immigrants who are prohibited from obtaining driver's licenses. Does this make sense? First, don't we want to know the people living in the USA? By not giving them driver licenses, we are promoting their secret identity. Second, think of all of the revenue that USA would and could collect from them? It costs apprx. $35 for a driver's license. $35 times 12 million people. That's already an infusion of $420 Million Dollars of NEW revenue.
    Also, these people are not allowed to put money in banks because they are not allowed to obtain social security cards. These people have money but can't deposit it in banks. More money deposited in banks mean more money to lend out to others, like you and me, for our mortgages. Furthermore, they are not allowed to buy houses or cars because of our great Patriot Act. How Patriotic is it for the real estate industry to lose their jobs? What good does this do for our economy? What we need are people who will buy our cars and houses today.

    These immigrants will provide jobs for the US automaker industries, housing industry such as roofers, electricians, plumbers, constructors, contractors, floorers, tilers, real estate agents, mortgage lenders, secretaries, auto salespeople, auto factory workers. Isn't this what we seriously need today and not 2-3 years from now? Doesn't anybody want to work? Let these immigrants, who have already been here for the last 10 years, buy our cars and houses and put their money in our banks. This would immensely improve our economy and will allow Obama's stimulus plan to work at an incredible pace beyond anyone's imagination.

    Think of all of the jobs we would be putting back into our economy. Does anyone have a better plan? If so, please provide us a better plan that will bring USA approximately $200-$500 Billion Dollars of revenue and more than 1 Million JOBS for our economy within the next 5 years?

    August 17, 2009 at 11:25 am |
  85. Tom in NY

    Greetings:

    The stimulus did well to ‘feather the nest’ of the banks, but it has done little to nothing to help the general population.

    We can talk about should’ves and could’ves but the fact is that the money did not go to the general population.

    The money allocated for Stimulus was 800Billion. I’ll assume that there are 200Million eligible people to receive money. Those 200Million would’ve received 4 thousand dollars each.

    Surely 4 thousand dollars is enough to make a ‘good faith’ mortgage payment, or pay for gasoline or food or something to help the general population get some relief.

    This is all in retrospect, without the politics of fear that often happen during major events when people don’t have the common sense to analyze the situation and are vulnerable to such politics.

    August 17, 2009 at 11:25 am |
  86. Judi King

    Until people are secure in their jobs and know that there will be jobs out there if they lose theirs, they will not want to make casual purchases. Everyone is concerned about the future. More emphasis is needed in job creation.

    August 17, 2009 at 11:30 am |
  87. Richard T. King

    NO. I don't care what the experts say, the Stimulus Package is not reaching the Middle Class. I believe the Financial Institutions are playing with the Obama Administration. They say they are loaning money, but everyone I talk to in the Middle Class say the same thing I am experiencing. The Banks come up with a number of excuses NOT to loan money.

    We went through a tough period of losing our jobs, and we had to use our savings, equity, and credit cards to :survive". NOW that interest rates are low, and we have sufficient income, and a good crdit history, (3 bureau crdit scores of 702,712, &702) we are told we make to much money to meet the guidelines to refinance.

    We could have easily filed bankruptcy in the tough times, but we believe in paying our debts and doing what's right. We struggled through the tough times, did what's right, figuring when interest rates drop we would refinance, buit NOW we're told we make to much money. We are spending every penny on paying down our debt which leaves nothing left. This is wrong.

    August 17, 2009 at 11:33 am |
  88. robyncaffrey keyser west virginia 26726

    att : heidi '

    tTHIS COMMENT IS FOR SCOTT – CLEAR
    I WAS SO PROUD TO READ YOUR COMMENT '
    YES THE STIMULUS IS WORKING, AND EVERYBODY NEEDS TO SHOW MORE PAICENTS. ( ROME WASNT BUILT IN A DAY )"

    ME AND MY HUSBAND LEFT WV HEADING FOR NEW JERSEY AND ALL THE WAY THERE , WASNT ONE CONTRUCTION TRUCK SITTING, YOUVE SEEN SO MANY FLASHING SIGNS MEN AT WORK
    AND ROAD WORK. AND EVERY HOUSE , LAND , FARM WE PASSED , ALWAYS SEEN NEW TRACKTORS, BUNDLES OF HORSE HEY ROLLS. AND ALMOST EVERY HIHWAY IN NEW JERSEY WAS PAVED. AND IVE SEEN ALOT OF NEW SIGNS THAT WERE NEVER THERE BEFORE, ( YA KNOW , ALL THE ONES THAT WERE KNOCKED DOWN ,

    YES WE CAN

    August 17, 2009 at 11:33 am |
  89. Dave Hollon

    Yes, stimulus is working and citizens should support President Obama and trust his decisions as much now as during his campain. Anyone who uses scare tactics and chooses to twist facts to fiction are out of touch with the majority of the American Citizens. The tired tactics displayed in the current past by so called conservative radio talk show hosts seem so sad and desperate and not really in the best interest of the United States of America.

    Some Americans may have to relocate to find jobs just like a lot of Kentuckians went north in the fifties but hey, we can't expect to sit and everything just fall in our laps. Lets all keep our heads up, feet on the ground, keep trusting in the only hope of the world (Jesus Christ), and it will all work out!

    August 17, 2009 at 11:50 am |
  90. Zaida V.

    This morning I saw a report on the national parks and how much they are in desrepair. I was wondering, how come the cabins, bridges and various other wood items in these parks can not be built using composite wood material. In this way, these structures could with- stand the elments better and monies could be used elsewhere within the parks. Perhaps buying much needed equipment, etc. I realize that in the grand scheme of things this is petty, but if we are going to spend money in the national parks to upgrade them, shouldn't we use more common sense and spend more wisely?

    August 17, 2009 at 11:56 am |
  91. edy

    there has been no real stimilus; only spending and maintainment.
    living wages affords extras = healthy business = healthy $ markets = permanent gov. surplus. REAL stim. is to lower classes only. econ works like an engine, spray hose up, not trickle down. stim. must be monthly. will get us out of this great depression over night.

    August 17, 2009 at 11:59 am |
  92. Brenda Burey

    Canadian Health Care..... Thank gawd for our government and health care.. my son had a brain tumor fifty thousand dollars for the surgery PAID.. then a shunt surger PAID... then he had a Brain Hemorage... PAID,, all ct scans and test PAID.. Emergency stays PAID.. its been twenty seven years and everything he needed all PAID.

    Say YES to HEALTH CARE for all Americans especial the united states. we are canada of AMerica and have free health care when ever we need it.. Emergency visits, drs visits, clinic visits any where we go in Canada.. North America should not suffer our children should not have to pay at least do it for the kids..

    Thanks Canada...

    August 17, 2009 at 11:59 am |
  93. Loretta

    No. The unspent funds should be returned to decrease our deficit.

    August 17, 2009 at 12:09 pm |
  94. Dolores Jordan

    Hi, I would like to comment on the health care reform issued. I'm a military dependent,we have try-care health insurance which is run by the government. For the last three moth i been waiting for surgery and i still haven got any results. My last appointment was with the military surgeon just for him to tell me, Ii would have to wait another month because he was going to take a vacation. thank you

    August 17, 2009 at 12:18 pm |
  95. Yvonne

    It depends on who you're asking. So many people don't even try to see the big picture. They only respond to the skin that may or may not come off their own noses. They need to think about how long it takes to make major changes in their own individual lives and then compare that to what Obama is faced with. Get real folks. It would help consumer confidence if these irresponsible media networks and politicians would stop working so hard at manufacturing fear and hysteria. I think a lot of GOP members would say or do anything to keep President Obama from succeeding. Think how bad Republicans would look if the stimulus works. I'm grateful It's Obama at the helm in this storm and not McCain or, God forbid, Palin. He's not infallible, but I trust his intelligence and his integrity.

    August 17, 2009 at 12:20 pm |
  96. Todd

    To comment on this question, which is a very broad question, only leaving a broad answer. Is the stimulus working?? IT is definitely not working for me. a few years ago I had a great job big (modest) house and a set of personal goals I was slowly achieving with extra money every month for the extra stuff in life... now the company I worked for which had smaller growing offices nationwide with employees ranging from just over 100+ is now BANKRUPT and it happened overnight with no warning, or excuse as to how it could have been prevented. Since then I have had little luck on a personal level achieving my goals and getting back on track, with any "stimulus package" actually helping me, and with reports of everything else on the decline I would have to agree it may not be helping on a national or global scale as well..

    Their is no push from political officers to conserve in certain areas that I think the government should be NOT spending money in.

    CUBA (OFF TOPIC) IS practicing conservative efforts in order to sustain some sort of effort to remain afloat if Cuba is entertaining and utilizing this strategy to stay afloat, we could to...(communist or not people have a right to LIVE)

    I think that there is definitely enough money switching hands in certain groups that a recession could be fixed. however with the patterns of spending from those who are currently controlling spending seem to be a drain on the economy. I'm under the opinion that we all (American citizens) need to spend to keep our economy afloat. But we also should be cautious on a National level, where, how, why (most of all) and then maybe what is the effect ...........cause and effect...

    I see some political leaders that are questioned simple, normal, valid, questions.....and I am not getting the answers or should I say I am not sold on the idea, and lack understanding (the only thing I can do is judge what I see them say (political comments). I need to know why the American tax dollars are being depleted reaching billions of dollars and why this is a good thing, and be able to see the good come out of the situiation. and quality of life is gradually declining world wide on a global scale. I am thinking liberty for the people, and by the people, The PEOPLE are not coming up with the laws or bills that are being implemented. I see people trying desperately to simply understand the changes that are being made bit by bit. and are being pushed aside.

    More transparency is needed... the people have a right to know and understand what is going on in this country, and need to be able to control or at the least have a voice.. what our tax dollars do oversees to effect other NON-american people...I am for global peace and liberty providing freedoms mentioned in constitution.....and i still dont have the answers...."IF YOU TEACH A MAN TO FISH YOU FEED HIM FOR A LIFE-TIME, if you just feed him the fish (STIMULUS PACKAGE) you only feed him for a day" and then what is he going to do tomorrow????

    August 17, 2009 at 12:21 pm |
  97. Nate

    Of course the stimulus is working. Have we already forgotten where we were just a few months ago? CNN and other media outlets need to cease this echo chamber of fear-mongering and do some actual reporting.

    August 17, 2009 at 12:35 pm |
  98. gk

    Heidi, I think you know more than us where U.S. economic comes from. When financial and home mortgage industries collapse it was an economic disaster. The U.S. government steps in quickly to avoid a long term economic turn down(recession) which could bear depression. You know that the major economic indicator is gross domestic product (GDP)= private consumption + gross investment + government spending + (exports − imports), or,
    GDP = C + I + G + (X − M).
    When there is economic growth, private consumption and investment increase, government spending decreases, and net export is more than import. Today, U.S. government increased spending dealing with consumption and long term investment. Heidi, do you think it's as easy as you hear that government spent billion of dollars in stimulus? If you really know what was going on in the past years and compare it today, frankly we should applaude Obama government.

    August 17, 2009 at 12:49 pm |
  99. Gary

    As of today, I think that "Main Street" America has not felt the stimulus, I see Bank bailouts, Auto makers bailouts, ect, but the everyday folks, are still without jobs, unemployment benefits will be exhausted or have already been exhausted for many,..... I guess you have to be a forturne 500 company to get a bailout

    August 17, 2009 at 12:53 pm |
  100. Driscoll

    No. From all over the news and internet, the funds are not going to urgent infrastructure projects nor to the states with the highest unemployment numbers.

    August 17, 2009 at 1:16 pm |
  101. LOU g. in detroit

    no the stimulus plan is not working ask those that are broke and out of work .and can't pay utilitie bills or mortage payments.
    or the sick preson that had to stop takeing prescription drugs because they are now in the gap and can't afford to pay full price
    if you ask a politican if it is working they say yes because they don;t feel the pain that .because they go to work every day and collect there pay the rest of there lives and we the poor citizen have to support them. put them in a poor situation and see how they will cry help.president obama is trying to make the change but this stimulus wil not work

    August 17, 2009 at 1:31 pm |
  102. hai

    the stimulus plan of President Obama is working better than I espect .

    August 17, 2009 at 1:57 pm |
  103. UJV

    OF COURSE...JUST IMAGINE WHAT WILL HAPPEN IF THAT IS NOT PASSED. DOING NOTHING IS LIKE IGNORING A BABY FROM DROWNING. REMEMBER KATRINA..DARFUR...ETC. I DONT BLAME WHY SOME PEOPLE THINK OTHERIWSE...MAYBE 8 YEARS IS TOO LONG TO GET PEOPLE GET ACCUSTOMED FROM DOING NOTHING.
    THE REPUBLICAN WAY..BAD FOR AMERICA

    August 17, 2009 at 4:13 pm |
  104. Alan D Simpson

    Is stimlus working? It is working for the wealthy and Corprate America.When is it going to work for the rest of us.One point I'd to make is I think we need to look back to 2000 to 2008 and see where all this money Bush spent went to.I beleve some of it is right under our noses.Ten Trillion dollars doesn't can't vanish that easy!!!!!!

    MR.AL

    August 18, 2009 at 12:25 am |
  105. karen

    No.

    There is no evidence where I live. I work at a food bank that was feeding approx. 50 families a month a year ago. This month we will feed approx. 700 families. Each week at least half of the individuals I talk with are coming to us for the first time because they have lost their jobs.

    The stimulus plan is absolutely the wrong way to go. Just as with your family budget , spending money makes you FEEL like everything is OK but someday you have to pay the bill. It will be much more painful on the back end.

    August 18, 2009 at 8:45 am |
  106. Carnita Wall

    This comment is regarding interest rates:

    Ours with American Express went up to a variable rate just last week! We pay off our bill monthly and have excellent credit scores!

    August 18, 2009 at 11:34 am |
  107. Diane Ferine

    No, it is not working. We learned from the government. Take the money and give nothing back!!!!

    August 18, 2009 at 11:45 am |
  108. Nasrin

    I support the Public Health care plan and I think it is a great program.

    The enemies of this program are very selfish and I hope Obama’s administration will be able to pass Public health as soon as possible once for ever. We need an option like Public Health Care in This country.

    By the way, I think the supporters of this plan should actively support and express themselves. Otherwise, the selfish people will defeat this program and it would be too sad and too late to be sorry.

    So please, lets all do some thing about this and say "Yes We Can".

    Thank you,
    Nasrin

    August 19, 2009 at 9:30 am |
  109. eolufemi

    The stimulus is working.

    States would have been crushed by their unemployment, medicaid, and education costs without the payouts.

    We're starting to see the states put construction folks to work improving our infrastructure.

    And for those of us in the sciences and technology field, certain areas that have been neglected in the past are getting the attention they deserve.

    If people weren't so negative and bent on their particular political agendas, consumer confidence would reflect the simple reality that Obama steered our economy out of a recession.

    My fear is that the politics of the moment has the american people so afraid that we individually aren't going to do the things the economy needs to get going.

    August 21, 2009 at 10:43 am |
  110. Nasrin

    The stimuluspackahe is working. Slowly but surly.

    August 21, 2009 at 11:42 am |
  111. James of Houston

    The stimulus is not working! The CNN Newsroom has just announced that our deficit by the year 1019 will be 7.1 trillion dollars. By this date, the yearly interest we pay on our national debt will exceed the money we will spend on national defense!

    We have got to get our breakaway spending under control; otherwise, there will be no Social Security or Medicare funds left for any of us after we retire! .... Forget the "Public Option" for now and let it die a natural death ... let's first work to save Medicare!

    August 25, 2009 at 10:37 am |
  112. James of Houston

    This response is for MR. AL.

    MR.AL, I agree with you completely. Mr. Kennedy, were he still alive, would be very upset with these cutbacks to our very poor.

    However, one way to increase the SSI and SSI disability payments, as we learned from CNN last night, is to get back all the stimulus money our Government has incorrectly sent to many convicted criminals in prison.

    Can you believe this! How can the Government run a health care program when they don’t have sufficient checks and balances to keep our much-needed stimulus checks out of the hands of convicted prisoners!

    August 26, 2009 at 1:35 pm |
  113. Norm Bowers

    A part of the "stimulus program" is the "making Homes Affordable" program. Due to a recent loss of 1/2 of household income I have started the process of applying for a "Hardship re-fi" through project Hope with Bank Of America. This has be SO FRUSTRATING! Every time I call them I get a different person who tells me something different. After 5 attempts I was finally able to satisfy their requirements for application for a reduced monthly payment. WHAT A MESS!!! Then they finally tell me I have to wait 2 to 3 months for a response. In the mean time I probably will lose my home due to forclosure. This program so far is a JOKE. Thought you should know.
    P.S. I love CNN and watch it every day. Thanks, Norm B.

    August 27, 2009 at 4:20 pm |
  114. Laura

    Is the stimulus working? Not from where I sit. But it could be doing something for other people...all I know is that I still don't have a job; even after devoting myself to finding one day and night.
    Laura

    August 29, 2009 at 3:29 am |