The Recovery Act turns 1 year old today. President Obama signed it into law on February 17, 2009.
The CNN Stimulus Project has been looking into what happened to the $862 billion package. You can watch some of our segments here and here.
What has the stimulus done for you? Share your stories here, and we just might share them on the air.
Im on Social Security it hasnt done jack for me except prevent me from getting my cola how about turning loose of the $250.00 promised I need to pay my utility bill .
Absolutely Nothing, Mostly all the stimulus money has been bled off by Banks and corruption in our State and Federal Government Offices or hidden in special Pet Projects of certain Politicians, Very little has gone to improve anything Beneficial.
Nothing, notta, elzipo; however, I am sure eventually I will get to help repay it with taxes being raised.
Because of the stimulus package and the first time home buyer credit our family was able to buy our first home! Even though the economy has been tough on many it has actually helped us, we are very lucky.
Kristi, South Carolina
I haven't seen a penny; however, I am sure we will all get to contribute to the payback. Don't let this administration fool you. We have to pay the money back.
I haven't seen a whole lot of help come of it. Going to college in Florida is just as tough now as it was under the Bush administration. And while CEOs who had failed their companies got fat bonuses, the English department here ripped the phones out of offices to save money. Where's the bonus for me? My teacher?
Really? Is it possible that we are sacrificing our kids educational foundation to save a few bucks? It's less about prom, and more about the careless compromise that is the US educational system. We compromise entirely too much when it comes to our countries endeavours and compromise too little when it comes to foreign affairs. I thought I was in America? Am I wrong?
How soon we forget that it took Fomoco 14 yrs. and 14+ million re-called vehicles and a lot of finger pointing at others to solve their HVAC fire problem.
What does the Fomoco HVAC fire problem have to do with the Stimulus money? Please help me to understand, as I am not seeing the connection.
The idea of shortening time to complete high school by eliminating the 4th year sounds like doing the opposite of what is actually needed. As a Professor of Pharmacy and Adjunct Associate Professor of Medicine who received up to high school training in the British and French systems, I find that a large number of students here are seriously lacking in critical thinking and language construction and expression. In the Bristish and French systems no one goes to college without having completed the high school (which is 5 years of education) plus successful completion of 2 mandatory years of Junior College. Years ago when there was an opportunity to try and admit students into college directly from high school through an entrance or standardized examination, only 1 person ever passed (he became a journalist!). Gus
Gov. Granholm has done nothing for the state of Michigan after 2 terms in office. It might have helped if the Governor would have been more worried about her state then getting a position in Obamas Administration. She is all smoke and mirrors.
I feel your pain. I am originally from Michigan (my parents/siblings are still there).
I retired 5 yrs ago from the Navy. My parents wanted my wife, kids and I to move back to Michigan. I couldn't do it. Why? No jobs.
Hang in there, something positive will come out of this.
Please have a segment on how the health care bill could produce more jobs in this country
$7.3B for 20,000+ jobs????? my calculator says more or less $350,000 was spent to create 1 job.....do you think that's effective and efficient use of the public resources?
Your program just showed 14+% unemployment for Michigan. My county would be thrilled with that as our county has over 20% here in northeast Michigan, but the media never seems to report those kind of numbers.
As a new graduate coming out into the harsh economy. The stimulus has done nothing for me. Maybe my increasing debt, interest on my school loans, and diminishing health while I'm working a temp job from time to time could classify as my bonus... but hopefully not!
Personally, I am not sure. But here is a comparison: $7.3 billion in Michigan = 20,122 jobs
$33 billion in Afghanistan = 30,000 troops
I prefer the first.
Just saw a story abt how the Stimulus Bill has helped Michigan with $ 7 Billion creating around 20,000 jobs in the last year. I hope I have my figures wrong, but isn't that spending about $700,000 for each job?
Does anyone else see a problem with this?
If there was no stimulus there would be a lot more unemployed folks out there, and our economic situation as a whole would actually be a depression. It is going to take more than government funding to pull us through this, people need to roll up their sleeves and start working together, and be prepared to sacrifice for the sake of us all. The greed and overextension (people living on credit) need to stop!
I am a Realtor in Oakland/Macomb/Wayne counties. The first time home buyer credit has really helped my sales. Unfortunately, once I sell any reasonably priced home, the banks find a reason to not lend the money. The house appraised for 10-30% less of the agreed sales price or the buyers credit score is 1 point too low for the PMI company to pick up, seller hasn't owned the home for 6 mos, etc. Without banks loaning money, any amount of help will do very little for our housing market.
All my 'bank owned' home sales always appraise and close no matter what the sales price is.
I am in Michigan and unemployed. Michigans No Worker Left Behind program is suppossed to be helping unemployed workers go back to school and get degrees. I singed up for this program in October 2009, I have not seen a penny. I am paying for my education with student loans. What happened to that 7 Billion dollars ????
All I keep hearing is that NWLB is out of money. Sounds like an creative empty rehtoric program to me.
The stimus program is training
Those young people for solar jobs.
Where are the solar jobs?
The govt should have started
Fixing our infrastructure during
The spring and summer months.
The biggest employer that still
Hiring is the federal govt.
when are we going to see real
People who,s benefits run out
are not counted in the
The stimulus was great. I bet everyone that seems it didn't benefit them excepted every dime of it when they purchased a home
I would simply like to quote a brilliant and and just recently deceased historian by the name of HOWARD ZINN.
"It is pretended that, as in the preamble to the constitution, it is " we the people" who wrote that document, rather than the fifty-five privileged white males whose class interest required a strong central government. That the use of government for class purposes, to serve the needs of the wealthy and powerful, has continued throughout American history, down to the present day.It is disguised b y language that suggests all of us- rich or poor and middle class-have a common interest."
What has it done for me???? ABSOLUTELY Nothing! I graduated from college in December of '08 and have not been employed ever since. Though I earned enough to support in paid internships while I was in school, apparently that wasn't to earn assistance, so I have been forced to move back into parents' house where the unemployment rate is higher than the county I left. To make it worse I have been kicked off of my Mom's health insurance. The good news is have plenty of time to follow the decisions my government makes; and more time to hold them accountable for their actions.
This country cannot and will not survive if we don't get our manufacturing jobs back. Let's not forget what made us a superpower in the first place, "Money" Our rich politicians who are unaffected by this "Employment Holocaust" sold us out to the globalists. Back to the basics people, if you import everything and export nothing you make no money and are therefore irrelevant.
Places like here in Nebraska with 4% unemployment have employers that cannot find skilled employees. Could the government establish a national listing of jobs available? Unemployed people could apply for jobs that they are qualified for. Stimulus money could be used to help with relocation expenses. This would probably be less expensive than continueing to provide unemployment money.
There has been no noticable change in stimulas spending here in the Portland Oregon area. This is s 'green' power area where there have been promises of stimulas in that sector but so far, not a single job. The truth that corporate america is sucking up all this government aid and they are not creating and new projects. It is time to give up on this solar designs which does not provide electricity for the buck, and invest in nuclear power, which is what the rest of the world is doing.
ALL need to realize it will take more than 2yrs to see any positive changes in our economy
I am all for a stimulus package that creates real lasting jobs, however the fuzzy math job numbers coming out in the news seem to show a very poor return on tax payer dollars .
I find it very hard to believe that the "9.3 billion dollars" spent so far has, quoting CNN here "created and/or retained 20,000 jobs". Thats about $46,500 average per job. The math adds up, but common sense tells you that a lot of wishful thinking and overly optmistic forecasts have painted a much rosier picture.
What his "package" has done for me is question the reality of our government's good intentions verses the road to hell they may be paving. But that would create jobs too wouldn't it?
I believe a big reason for such high unemployment is that employers do not pay people enough. I have an Associates Degree but have never made more than $11.00 an hour. Most jobs that I see out there pay between nine and eleven dollars an hour. In a job magazine here in California there is a job posting to work with disabled kids and it requires a four-year degree, but the job lists the pay as just $8.50 an hour! Rent for a one-bedroom apt. here in San Diego ranges from $800.-$1,100. a month. Last summer I was hired for a job at $10.61 an hour in another city, but couldn't re-locate because the apartments said I didn't make enough money without a co-sign. I'm a 40-year-old mother and head of household I should be able to have a job that pays enough to obtain a two-bedroom apt. A lot of jobs out there only pay high, decent salaries to the upper management while company owners live rich but don't pay fair wages to the customer service agents that are actually in contact with their customers. Some people can't live on what they get paid and need a second job, meaning less jobs to go around. Inflation has increased more than the wages which in effect means less jobs and low income for those that do work. There should be a higher minimum wage for employers and companies that make big profit. I should not be making only $19,000 a year with a two-year degree.
I'm very upset, the stimulas has done nothing. Plus 6 months ago the 1st stimulas ran out. I been laid off over a year. I have 12+ years as a test technician and a certificate in computers + I'm studying for my network + certificate and I have an AA in Business Financing. today every one want experence. I have no experence just a 3.3 GPA in both courses.Companies don't care about education or training.Today no matter what type of education you have if you don't have the experence, they won't hire you. I've had alot of interviews but every company asks " how much experence to you have."
Wake UP USA!!! It has taken over 10 years to get into this mess & it will take years to get out of it. The changes OUR Administration is working on are going to bring us out. No change is noticeable until the later. Instead of criticizing the Obama Administration why not vote for the Health Bill to see if it will work. If not, find the holes & work on making it better. Let's CHANGE OUR WAY OF THINKING
The package hasn't worked. People are still out of work, foreclosing on their homes and eating a steady diet of ramen noodles. One thing's for sure: we're not going anywhere fast.
It sounds like you are fairly young. Join the Military. You could get experience there, then get a good job.
I joined at 22 years old, and 20 years later, I am collecting a monthly tax-payer funded pension; in addition to that, I am continuing my service as a Civil Service employee. The Military is job security.
Oh, by the way, I also have outstanding health care benefits. They weren't handed to me. I earned them.
$7.3 billion for 20k jobs? That is about $365,000 per job – and I bet those jobs aren't paying that much. I think you should start posting the $ we spend per job. That is an outrageous cost to the taxpayer. If we must have stimulus, just give us the money and we'll go spend it and create the jobs. That would cut out the waste of administering this money down through the channels of government. And it would give us some CHOICE in the matter. Or NO stimulus would be best. Let capitalism take its course and the fittest survive.
Angela – if you put a band-aid on a bullet wound, it might make it appear better and buy you a little time but you eventually bleed out. Ask any good business person that's still in business if they go on spending sprees buying expensive new equipment and giving raises and bonuses when their sales have reduced by 50% or more. I bet they say something like we have to layoff until the crisis is over so the business can stay solvent. Our government is going to spend us right into N.W.O.
you have been laid off "Over A Year" . It's because of the previous administration. Your situation has nothing to do with the Obama Administration.
It's true you need experience:
1. I received two (2) AA's in Computer Networking & Microcomputer Degree in 2006
2. Received CISCO training certificate
3. Received my CISCO certification in 2003
4. Worked at the college part time for 2yrs in my field of study
5. About to test out for the Security+ exam in a few weeks
It took me 3yrs to obtain a full time IT job. After getting on board I realized why:
1. You have so many customers which will need your full & undivided customer services. They need to be back up & running in the matter of minutes.
2. The time it takes for me to teach you (beginner) on what it takes to repair that great customer computer will take away from the time it took me to repair
3. You could be a beginnier that breaks instead of fixing. That will add to the already large work load.
Try volunteering at a local college, school, hospital or etc.. That will get your foot in the door & also add to your resume
I find it uttering amazing that folks are more upset about what this President has done in one year,but just loved&approved& found delight in Every thing Bush/Cheney did. These folks had no issue with a President who took this nation to war over a lie.(Neither Bush/Cheney served in any war).Cheney & his company, Haliburton,is making billions in Iraq. Tea party folks have no problem with that. Tea Party folks have no problem that Bush sent jobs overseas,like every other President since Reagan.It was a Republican administration that sold this country to China,India,Saudi Arabia,and any other country with a check.Tea Party folks had no problems that not one job/company was created by the Bush/Cheney tax cuts.Tea party folks have no problem paying for all of Scott Brown's& his family health care while 47 mil.go without.When will CNN do it's job & ask the tough questions to these folks?& to itself. Why CNN didn't you report the truth behind the tea party/Bush lies?
You need to speak to your "friends" & ask them why did they allow our major industries to move out of the US to overseas. The cell phones we ALL buy are from other countries, most telemarketing is out sourced. Bring the major industries back or tax the "HELL" out of the outsourced industries or companies that are based in the US.
Al, you're right. We're spending the money wrong. Let's give it to Gordon Gekko and see what he can do to turn our economy around. At least Gekko thinks that "money never sleeps." Unfortunately, the stimulus money we got is looking pretty sleepy at best.
Happy Birthday to the Stimulus Package that became 1yrs old today! Some would argue that without this stimulus package we would have sank into a Great Depression and the outcome would have been far worse and then some say it hasn't done anything but raise unemployment and fund pork projects. I think without the stimulus we would be in a worse situation then we as a country are in now but as far as jobs lost that's not the fault of the stimulus bill, we were losing jobs before Obama took office, the problem with the stimulus is that its not enough to sustain the economy, somehow and someway we need to do more!
Scott Stodden (Freeport,Illinois)
I sent letter to the president, never got a reply back from "our government". I second the quote.
I would simply like to quote a brilliant and just recently deceased historian by the name of HOWARD ZINN.
"It is PRETENDED that, as in the preamble to the constitution, it is " WE THE PEOPLE" who wrote that document, rather than the fifty-five privileged white males whose class interest required a strong central government. That the use of government for class purposes, to serve the needs of the wealthy and powerful, has continued throughout American history, down to the present day.It is "DISGUISED" by language that suggests all of us- rich or poor and middle class-have a common interest."
Angela – I'm not sure what "friends" of mine your referring to, but. If I read you correctly, you are is mad as I am about the situation. As far as exporting jobs, I put the blame on our politicians that were bought off by big business to allow totally free trade and the exportation of jobs. 1 caveat to this, and this one is "OUR" fault is shopping at Wall-Mart and buying this Chinese stuff up like it's crack because people think saving a few bucks is priority #1, not having a care what it causes down the road. I'll give you a little background on myself. My families gross income last year was about $25,000, but even though I'm broker than broke, I've never seen the inside of a Wall-Mart. IMO, I'm doing my part to keep jobs in America.
Question – how many people in this country can say the same thing?
Why, I bet Obama and Biden are experienced war heros. How much time have they spent at war, or in the military for that matter?
Our CINC has NO military experience. I have 20 years, so I can speak to this subject.
Stimulus what a joke." Lawmakers" are they saving it for themselves? In 2010 they FROZE SSI's raise but gave themselves a heafty raise. In 2009 they were all for bail outs for Corperate America but are still fighting the health care bill. In the past thirty plus years Lawmakers have butchered, cut, borrowed and moved SSI from private funding to the general fund where it is today. Today Lawmakers are known as the 'GOP' government of the people it needs to be changed to GOG GOVERMENT OF THE GREEDY!!!
It's all about the upper crust of societies interests, the root of all evil money, and greed. Until the other 95% of this country starts a new revolution " we the people" will get more of the same....table scraps.
Just curious. How much military experience does our current President and Vice President have, much less war experience? I know that POTUS has NO military experience. I am not sure about the VP, but I almost bet it's almost nil.
And, oh, by the way, our last Democratic President and Vice President had NO military experience either.
I can mention this, as I am retired Navy.
Anita YOU ARE SO TRUE!!!!!
Do the republicans & tea party clan realize the previous administration has allowed/sold most of our businesses & land to foreigners? Have they noticed Our Country small towns are being gobbled up by the Indians, Pakistani, Persians, Koreans, Chinese & etc...?
The reason things are so bad is because people like to sit on the butts and write stupid remarks to a TV program that doesn't provide one dame thing to help the situation, lies, and more lies to promote the profits, it serves only to divide, have any of you looked in the mirror lately and asked yourself what have you done lately to make this a better place to live, rather than sit on your butts and complain and expect someone else to fix the problem!! Selfish, greedy, and inconsiderate is the norm, get over it.
Why are the democrats still blaming everything on the Republicans?
In case you tunnel-vision personnel don't realize it, this president has the democratic majority in both the house and senate and still can't seem to get anything accomplished.
So, let's start putting blame on the democrats as well.
Let's get over the 8 years of the previous administration (of course, 1993 – 2001 was nothing to brag about either) and move on to fix things.
I've been watching the discussions about the need for jobs and which federal/state/Democratic/Republican "jobs" plan is better or worse. Here's the reality: no jobs plan will truly work for the short or mid term because many of the unemployed are now 50-60ish "baby boomers", and they still want to work. US employers engage in age discrimination and most won't hire these folks, so we have a perfect storm: millions of well trained experienced workers who want a job but can't get one. Is it any wonder that the Obama administration sees unemployment trending down slowly, over years? It breaks my heart but what is really being said is this: How long does it take for a generation to age and leave the workforce?
Just went to gallup tracking poll and saw this:
Gallup Economic Weekly: Job Creation Improves to 2010 Best
Gallup’s Job Creation Index improved to its best level of 2010 last week, reaching +3 - up from 0 the previous week and -2 a month ago.
Poll for President Obama: 52% approval and 41% disapproval.
Michigan has certainly received its fair share of stimulus money. You need to understand that part of our problem is the direct relationship of our rates relate to the automotive industry. Our state is trying to spread out our economy to other sectors. Refer to Governor Granholm's latest state of the state speech where she points out the steps our economy thus far. The extreme problems with the city of Detroit also dominate our state's economic woes. We have saved countless jobs and have kept our states budget woes from exploding even further. Maybe you should take a look at how Michigan is trying to turn our state around.
I live in SW lower MI. We are in a corner county on the MI / IN state line. Unemployment is higher here because it is NOT Detroit -where the money goes for stimulus. We were getting a commercial corridor, to run along the Interstate hwy (I 94) it would be accessible from Watervliet to Hartford MI and would bring in business, jobs and cash flow. As soon as the stimulus happened, it seems that they just stopped cold with the plans. I wonder where the jobs supposedly created are? Who pocketed the stimulus money, besides consultants and advisors for how to spend the money? It would be interesting to find out where the governor will go to actually see this through and bring jobs to a NON DETROIT part of Michigan.
Talking about Michigan, the gov. is planning on closing 4-6 more prisons in Michigan, let out thousands of prisoners, hundreds of offices will be out of work, many in the UP of Michigan. What will happen to the unemployment in Michigan then, it is now the highest in the country. Surprising they don't want to mention what is in the works.
I wuld also like to point out that during the Clinton Admin (where he gave us NAFTA and sold out our US jobs to other countries) they also changed how we count our UNEMPLOYED. They track ONLY those who are getting unemployment compensation. Once that runs out, or like me you are forced to re-enter the work force after being a stay at home mom, they do NOT count you as part of the unemployed in MI.
Our ports are owned by other countries, and we are unable to enforce security to our own borders because of this. When do we start to count as the taxpaying citizens we are, and take back the jobs that our government and their big business fat cat buddies sold to line their own pockets? Lastly, Democrats and Republicans need to STOP EARMARKS! Bills laden with grossly inflated add ons are killing this country why can't THAT be made illegal? Then too, why should the legiislating body get better benefits that the rest of us- for failing this country? Just because the big business management failures get bonuses and benefits for failure too? That's ike a 2 yr old saying ME TOO!
Just another batch of questions, unanswered, by someone who votes and still feels like she hasno voice to go with her NO JOB.
I'm hurting real bad at the moment financially so the stimulus bill has done nothing for me, however I do hope that changes real soon. Help, I need some money, HELP!!!
I don not think the stimulus was suppose to do anything for me individually ( not unless I could have immediate impact of job creating and putting the money right back in to the economy)but rather benefit the entire nation. The better the nation is doing the better I am doing. Once again you're raising and promoting selfish and spoiled arrogant cry babies, who always look to blame their mistakes on others, as usual.
After listening to your commentary this morning concerning Saginaw, Michigan and President Obama's stimulus package I felt compelled to comment. I am a lifelong resident of Saginaw and have been practicing veterinary medicine here for 35 years. Besides the medical and humane aspects of what I do, I am also a small business with large fixed expenses. Profits are essential to purchase new equipment, attend continuing education to provide the standard of care my clients demand and to provide pay increases for my staff. I can tell you that the economic climate and high unemployment has not improved in spite of the stimulus spending. My Federal and State unemployment insurance taxes continue to increase. My Michigan Business Tax alone has increased from $6,000 in 2008 to $39,000 in 2009. Because most of our leaders at the Local, State and Federal level have never had to meet a payroll they treat the businessperson like a cash dispensor.
If a businessman/woman has more money left at the end of the year they will re-invest that money by purchasing new equipment, hiring new employees or buying shares of well managed public companies who will do the same. Unemployment will improve only after business profits improve. The approach our leaders are taking is counter productive and they are killing the financial goose that lays the golden egg.
Don Sheets D.V.M.
Stimulous has not helped anyone I know, we just see our country going bankrupt...I have friends who lost, or are loosing their businesses, sure they get loans to get them deeper in debt which is not good, they should have let go instead the goernemnt helps them to dig-n deeper...one frined has not lost their welding business yet but they are getting a second on ther rental home;again, not good. Like the housing industry, next will be the small business industry.
And, for me, I I took all the loansa I've been offered I'd be in trouble too because I'm on a retirement income because I was injured at work, lost my home becasue of it already and if I let the Gov in mhy business I'd loose more....like many others who taek the credit and will not pay it back...so sad houw our government seems to be making things worse, sure the short-term may look better but that is not how to run our coundtry...unless they are trying to 'run our country into the ground.....and I donot like to be so negative!
I saw this morning that Michigan got 13.x BILLION in bailout and created 13.x thousand jobs. I hope that I misread the TV and mis heard what you said Josh. If true, Mich spent over $700,000.00 per job!!!! That would be the best example I have heard of a waste of money. I have done the math every time I hear such data and it always looks like we spend over $200,000.00 per job. What stupidity. The average income is $50,000.00 per year. It would have been better to just give all those unemployed $100,000.00 to be unemployed. We can NOT afford this change or progress or pork barrel.
I am in Michigan and the "Stimulus" has done nothing to help me secure a new position. I have been unemployed for over two years. I have applied for education funds under the No Worker Left Behind program...only to be told there is no money. I signed up for the program in November 2008. The Governor's office informs me I am eligible for an Administrative Manager level 18 position but I have not had an interview.
I am a Michigan and Florida licensed Nursing Home Administrator. I have been in Nursing Home Administration since 1989. I am also credentialed by B.O.M.A. as a Real Property Administrator and a Systems Maintenance Administrator. Finally, I am licensed by the City of Detroit as an Unlimited First Class Stationary Engineer.
Based on my job search results, I do not see any future for me professionally.
Stimulus has done nothing for any of the "average" American. Who cares about Michigan. While they were turning out gas hog cars and trucks for 35 dollars an hour no thought the auto bubble would burst. Where's your union now? Oh, can't pay your union dues, 29 yrs. experience, no dues, no help. There 49 other states besides DETROIT,who created their own problems. If we don't hang together, we will most certainly hang separately.
In Michigan the $10,900,000,000 billion for 16,900,000 jobs equals $645,000 per job. Send me that $645,000 and watch me stimulate.
Also, the $789,000,000,000 stimulus package (60% of which has been spent) created between 800,000 and 2,400,000 jobs equals $591,000 to $197,250 per job. Again, send me that money and let me stimulate the economy. I think I can do a better job of it than Congress has.
Remember, if PROgress means going forward, what does CONgress mean?
Stimulus...secure upper levels of the stucture while upper levels dismantling lower levels, we the Peoples, through downsizing, job losses and plant closures as upper levels transefers work to other nations with less regulations and pay requirments....hmmmmmm...no, I do not think the stimulus benefited the Peoples at all. Smoke and mirrors..smoke and mirrors...
Government, Industry, Finance, Academic, Military, Media, Religion(spirituality+ethics) and the Peoples. Ingredients for a successful society under the proper administration which currently globally is not the case as yet. Patience.
Transparency...once the collapse is complete when rebuilding going to open those closed doors and once open take them off the hinges all together....transparency like equality mere words not yet practiced.
So out of 862 BILLION TAX DOLLARS, only 31 billion on job projects!!!
I'm I missing something?!
About $40 billion of the Stimulus targets renewable energy tax credits and is to be paid out by 2011. This and other pro renewable policies led us to raise millions of private dollars and start a new company in large-scale renewable energy project development, creating 14 new jobs in 2010 and lots of economic activity spending that money on developing wind and solar sites. People who think the Stimulus and other pro renewable policies don't positively impact the economy don't know what they are talking about.
The stimulus has done nothing for me ,i must say that although i know that the president ment well and the stimulus did help it has only delayed what is going to happen eventually .This economy will fall again and this time it will fall worst than before .Why those jobs that are lost are not coming back ,the working poor have fall deeper into poverty ,the country is now in more debt than before and although the stimulus will bring new jobs it will never curb the jobless rate and not fast enough .
My question is where did all of these economist ,govenment officials ,all the big panel members and fiancial gurus get their degrees from .It is so sad the media and these people are such injustic to the average working class people .I can guarantee by may this economy will take a plunge again ,trust me no one seems to get it ,or understand how economics work .Whats worst the media is not doing anything to bring the real problems to the forefront and if they do they are not helping to bring sustainable solutions .
It seems that the the american way to every problem is put a fix to stablize the problem instead of getting to the source to prevention the problem .We have a fiancial cricis we get a stimulus plan .We have a drug war ,we work on capturing the drug lords ,Who cares about the drug lords why not help people and find out why they are doing the drugs and find preventions .Just like welfare why would i get a job when i can make a baby and get more food more assistance .You cant sleep rather that find out whats causing the problem ,doctors will just give you drugs ,you are not sexual active more drugs .You name it it is all about money and politics no wonder poor working class people are suffering so much .This madness will never stop because its all about who you know and how much money you have .Greed and power has taken over the world and it will be a demise of the world .
I've experienced no effect from the stimulus. The greater disappointment is that the government exaggerates the 'jobs effected' misstating them as 'jobs saved and generated'.
We could have been in the process of building solar and wind-turbine farms right now to supply all of our country's electrical needs but no, here goes Obama sending a giveaway to Big Business to build two Nuclear Power Plants at the cost of 10 billion per plant, and it take 6 to 10 year to build each plant how is that going to solve our Energy problem! We could have supplied 30% of the nations energy with solar and wind-turbine farms for the cost of those two nuclear plants. Those two nuclear power plants will only supply enough energy for 25k to 50k homes, what about the rest of the country, why spend 20 billion and not help the rest of the country? And when are they going to build the new supply line, right now we lose 60% to 70% of the energy transmitted down the line we use right now that is nothing but waste pure waste of valuable energy!
I'm the first one to say that the stimulus plan has offered some financial legroom for the American public,...however legroom is not what the average person needs to pay for living expenses such as gas, rent or mortgages, groceries and other regular expenses on a continuous basis. Yes, the stimulus plan has helped,...but in a trickle down way.
What we need is a overhaul of how jobs are "doled" out. In the past, a person would call up a company, maybe give a resume, have an interview and they were hired. Simple. Nowadays, due to the influx of applicants, most don't make it past their recruiters inbox.
Revamp the job market before throwing money at a broken system.
Massachusetts was given stimulus money for road projects. City streets in the residential areas are horrible and have been this way for years. How can we and make sure the money is used for these projects, and where the work is being done. Thank you
Nothing, my wife has been looking for a job for over a year. She
has had three interviews where they put the job on hold because
of "lack of business". This is not a recovery!
The "stimulus" bill provides lots of money for autism research. How is this a "stimulus?"
The real truth is that the Democrats passed an $800 billion spending spree bill disguised as a "stimulus" bill - no great surprise that it only created 2 million jobs (if that) –it wasn't designed to create jobs. The American people have been suckered. This bill should be revoked immediately and replaced with a real fiscally responsible stimulus bill.
We've got to realize that we dont have the money for any non-essential spending –however good the cause. We're broke folks!
I recently heard a report that 80% of the jobs for building wind power
are overseas. Did this involve stimulus money? Thanks
I am thinking about moving to Canada, with all the government giveaway to big Business, and no middle class jobs being created, at every turn Obama turns his back on the people in order to take care of the riches top five percent, what ever happen to the middle class you know the people who do the real work in this country?
I've experienced no positive effect from the stimulus. The greater disappointment is the government's misstatement of exaggerated and erroneous 'jobs effected' as 'jobs saved and created'. We need to ensure a second wasteful bill is not passed.
Moving into a new home next week only because I SAVED money for the opportunity. Basically we as a people are just plan out spoiled. Some of us have never experienced hard times and trust me, it can be a lot worst. Suck it up and drive on Americans, where's your faith and pride? Glade I'm not in a fox hole with you guys. Sorry for the tough love but its truly need during these hard times.
I can't believe how easy it is for the Republicans to manipulate the American public into believing the stimulus is not working-just because it does not effect you personally does not mean it is not working. We avoided another great depression people!
After one year my son-in-law is still unemployed and hunting every day. My question is–why are the wind turbines being made in China? What happened to the green jobs for us?
My husband was laid off 15 months ago and has not yet secured employment. We have mercifully been able to stay afloat only because of the unemployment extensions and the healthcare premium subsidy provided to us by the stimulus plan. The people complaining about the stimulus most likely have not been unemployed and in need of its benefits. I can only say that they should be thankful they haven't needed help instead of being critical of the program designed to help those in real need.
The economy is bad, but the stimulus bill has definitiely helped me! I have been unemployed for 6 months. It extended my unemployment coverage and is covering a percentage of my COBRA Healh insurance, which I wouldn't be able to afford without it.
The attacks are all political
South Carolina did not have to fire a lot of teachers because of the stimulus. The stimulus has been very important to saving so many jobs. Now the legislature is about to cuts the jobs they didn't have to cut last year.
The stimulus has done the one thing that the eight years of the Republican administration has Never done for me.
The stimulus made me feel Confident that I even have a future.
After falling victim to my husband's job being outsourced during the early years of the Republicans, and the corporations getting government money (taxpayers money) to Outsourced the jobs during the Bush and Cheney years, and the constant feeling of dread and remorse for voting for Bush and Cheney in the first place,
I just feel wonderful these days since I voted for Obama. I finally feel the hope and see light at the end of the tunnel, something that never existed during the Republican administration.
FYI his first year was very productive to those of us on the very bottom.
Part of the Stimulus allowed laid-off workers over 50 to get a 50% wage subsidy over 2 years if their TAA petition was approved. 51 people were laid-off from my husband's auto supply industry company. We filed a TAA petition with the Dept. of Labor in May of last year, since all the foreign competition got the work. We still have heard nothing; supposedly they still don't have enough info to render a decision. I even referred this to my Senator Jim Webb; they "sent a letter". My husband was re-employed several months later at a 33% cut in pay. Our 401K is gone. Our savings are nearly the same. Several of his former co-workers are still unemployed or drastically underemployed. We need the subsidy every bit as much as banks or automotive COMPANIES. They get the money & they get it a lot quicker. Will there be any $ left for real people out of that bill & if so, will we see it before foreclosure?
To my fellow Americans: Stop grousing. Stop being selfish and looking only at what is in it for you. When your fellow American falls on hard times, loses their job, loses their health insurance just when they get sick, BE PART OF THE SOLUTION, NOT PART OF THE PROBLEM.
We have the hardest working president we`ve ever had,it is a shame that after a year everyone forget where we were,it is wrong that america gave bush administration eight years to damage our economy so deep.But the media is supporting the the GOP in their LIES.the least you can is give him at least two years.FOR THE MEDIA TELL THE AMERICA PEOPLE SOME OF THE GOOD THE OBAMA ADMINISTRATION HAS DONE I AND YOU BOTH KNOW THERE IS PLENTY,PLEASE BE FAIR.
The stimulus has worked to save jobs in South Carolina. The biggest problem with the stimulus is that a lot of tax cuts were included in order to get Republican support. So, what did the Republicans do? They got the tax breaks they were asking for and then blamed the Obama administration when the tax cuts didn't produce jobs.
The stimulus kept us out of real depression. Economists say we were headed for much worse job loss (25% ?), such as we had in the great depression.
I've directly benefitted from the stimulus as a consumer and a lot of people in my area have gotten jobs that never existed before in the green energy fields of Solar and geothermal – as installers, sales and office staff. Just last week my local paper had a long story about how one solar firm is doing so well it's about to hire twenty more people, on top of those it had already hired.
The tax credit component of the stimulus package has enabled me to put in a geothermal system instead of a new oil furnace when my old one gave out, and we are about to have a solar panels put on our barn roof. I couldn't have afforded to do either otherwise. Don't tell me the stimulus is not working, because that's not true.
I am grateful to President Obama for making the tough decisions he's made, for halting the frightening economic slide we were in and for taking all the flack. I am a Republican and I think he's doing a great job! I just wish the leadership of my party was more cooperative, instead of so obstructive.
Why did you cite the conservative think tank about the stimulus money being spent somewhere else in the economy? (1) That is not true! It was money that would have never been spent anywhere else. (2) We always knew job recovery would be last. First Wall Street and Business (Big and Small) needed to become convinced that the economy was strong, then there would be job recreation and expansion, a process that would take months, maybe half-a-year! We are just now becoming confident in the economy again. It will take time to outpace job loss by job increases! Don't you know this? Don't be like the other commentators who, in order to appear impartial and objective, quote nonsense from the Right that doesn't deserve airtime. It is just total nonsense. Yes, I wish Obama had done more a year ago. He could've/should've started a WPA type work projects administration, but it would have startled the people and required relocations, so instead he sent us the stimulus $$$ to be administered on a state-by-state basis. Was it enough? Probably not. Will we eventually recover in terms of employment? Probably so.
Richard in Costa Rica
Using your Feb 15th state example of $7billion spent to creat 22,000 jobs, the average cost is $318,000 per position. Is this really worth it? Another important figure would be the average hourly wage this postions generate. My guess it is very low.
The loss of jobs is primarily because we Americans prefer to pay a little less for what we consume, so we buy everything at Wal-Mart. Start asking Wal-Mart where the products are that are produced in America. If it's not made in America, don't buy it.
Are there choices out there? Yes. For example, there is a little company in my town that has started making computers. There are grocery stores that label where products come from. Repair, instead of replace, if you can't find an American producer. Drive less and stop America sending one billion dollars a day to foreign countries for oil.
If you are not buying American, you are part of the problem.
The stimulus has helped a lot. It would have helped even more if the Republicans had been willing to help solve the problems instead of spending all their effort attacking our President. I'm sick of Senator DeMint and his fellows who are sacrificing the well-being of the American people just to defeat our President.
The Republicans have not plan. They have only criticism.
The only reason the American people don't realize all the good the stimulus has done is that the MEDIA present the he-says-she-says talking points instead of the facts from economists. This question is an example of how the media misrepresent the facts. You give equal time to Republicans and Democrats, but not equal time to economists.
i install windows for a living. the tax credits to homeowners for insulating their houses better have been directly responsible for keeping me at work. while i dont agree with all the pork, that project at least worked.
The stimulus has restored the budget of many school districts here in Texas, allowing my father-in-law (a republican) to get an educational consulting job. Funny isn't it?
The stimulus has helped me and my family. I'm a Software Engineer that was unemployed for more than a year. I finally got a job in my field last November which has helped me bring in some household income again.
I am a State of Florida employee and while we did not get a much needed cost of living increase, President Obama's stimulus plan allowed ALL state employees in Florida to continue working without layoffs and paycuts as was the case of my friend ni NJ who is also a state employee who had to forfeit a week's pay.
I don't know why you said there is a disconnect between the administration and the people on the stimulus. We've seen quite an effect of the stimulus in New York's Westchester County, where bridges and roads have been repaired and restored.
I suggest that CNN do a poll in the transportation and construction and medial research industries. You may find quite a different result there. Our economy would be in worse shape than it is now if not for that stimulus package.
who are you guys polling.no one i know has ever been polled by cnn or any news media, and i've been politically active for 34yrs
I got laid off in January 09, and haven't been able to find a job doing anything. I'm a 40 year old, college graduate with lots of experience, and I can't even find ANY sort of work. If the stimulus doesn't kick in soon, I'll lose my house, even though I did all the right things: I bought a house I could afford, saved my money, didn't extend my debt on credit cards (until recently) and saved for my retirement. Yet the fat cats on Wall Street continue to get bailed out and bonuses for destroying the economy.
There MUST be more help for the little guy, or all is lost!
I'm a single parent and the new laws Obama put into place for education have allowed me to not only receive reimbursement for my son's college expenses but also for me to continue my education by providing partial reimbursement for tuition and books. I am very pleased.
Many Americans expect instant gratification. Their unrealistic expectations are shown by some of the comments. The stimulus is turning out economy around, but it won't happen overnight.
In our Wyoming community, stimulus money is saving jobs of teachers because the recession has really cut local and state government tax revenues as business fell off. The banking crisis in 2008 started it, but in our community the people who got hurt were regular Americans. The last thing we need is to have to lay off teachers. Stimulus money is helping us weather the storm till the skies clear.
I have read most of the comments and I recognize that most of them are selfish. I am only reading I, my, and me in the comments being made. This pessimism from the American people is typical. Things could be worst for America. What has happen to the Christian philosophy of “being content in whatever state you find yourself” or “in all things give thanks” And we say that we are a Christian nation. We just had a nation, in the western hemisphere, completely brought to its knees by a natural disaster.
I cannot understand why we are so selfish, when we have it so much better that any nation on the earth. God forbid that anything happen to the United States that has happen in India, Haiti, or any other nation affected by a natural disaster.
It is time for the United States to refocus and remember what is important, because we have lost the values of Christianity.
How soon we forget that we were told the economy was doing well when thing were not well.
However, it was okay when President Bush gave you a check to spend to stimulate the economy. I am sure that most of the money was wasted on something you did not need or it paid late bill.
However, that was a sign that things were on the decline. I recognize the warning sign and I can see the handwriting on the wall… America! America! America!
I said that to say this, lose the pessimistic mentality and let us be thankful, things are a good as they are for us.
My plant was closing in Alabama and I had to move to the northeast for my new job. A first time homeowner family purchased my house within 2mths of it being on the market when the average home before the stimulus package was signed was taking 7mths for a sale. The buyers got an $8k tax credit . It also saved me about $2k from having to pay my previous homes mortgage and utilities and rent at my new location at the same.
We are double beneficiaries of the recovery act. We traded an old car for a new one through Cash For Clunkers and are receiving the COBRA subsidy. This has allowed us to afford health insurance and have reliable transportation for work and school for our children. Thank you President Obama!
I'd worked at the Ford manufacturing facility in Chicago for 9 years. After being laid off and unemployed for nearly a year I finally got my old job back after going through the hiring process again; so that's an indication that the stimulus helped.
I'm from Erie Pennsylvania and I know the stimulus has not helped a single person in this county. Everyone has been saying the stimulus is being given to the communties but i havent got any money, and nither has anyone else. I havent heard of any company's getting any stimulus money around here so where is all this money going? we the american people have no say into where this money goes you should consider what we want done with the money not what the government thinks we want done with the money. we have no say in anything that goes on in this country anymore this country is suppose to be for us but its not.
The stimulus plan has beeb a joke. I have been laid off since 2007. I have gone back to college to obtain my associates degree, and use my unemployed time to use. Now I am working on my bachelors degree, but still can not find work. I turn in at minimum 10 resumes a week, in my state and across America. No companies are hiring to this date. Now tell me how this is helping America? I'd like to thank our government for letting our jobs go over seas. Oh, that is what Obama calls transfer of wealth.
My question is why only the bad programs are reported. Report the positive not just the negative...the positive outlook can only help our country to move forward.
I think people deny its effect only because they personally haven't found a job yet. The stimulus isn't going to knock on your door and hand you a job. You have to network with others, complete job applications and search job boards online.
So far the stimulus has helped me, I am now employed and have been able to return to college to complete my degree program. For me the program is working.
I love the republican spin- "the stimulus has not reduced unempoyment" – first we have to stop the bleeding and unempoyment claims have fallen, for the most part, since a year ago. Also it is a well accepted FACT that jobs are a lagging indicator, that is to say that the effects of this kind of stimulus will not be immediate but rather realized in the long-term (according to most economist at least 2 years) – sorry republicans, I am sure you will say that somehow Bush was responsible when we are in a much better economic condition in another year, but then again you are the same people who claimed the prosperity we enjoyed under Clinton was from Reagan- funny how you are always able to spin success to reflect republican victories when in fact our economy began its decline 2 years (again long-term) into Bush's administration- hmmmm convenient coincidence or just more of the same spin?
Hey guys you forgot that this country, and the rest of the world was on the ropes, also where would you be if the "Government" had not stepped in. The president gets to make his case in 30 min sound bites, and you guys "The Media" get to trash his programs and policies 24-7, and you stress with the "Polls" that the "People" are against what the President is doing!!! You beat someone over the head long enough with lies and BS they will believe anything, especially the bigots, racist, and the ignorant!
"They want to believe"
Obama surely didn't create our financial situation people! Good ol' fashion greed and power under the Bush administration are to blame. Bush was incompetent and wasted surplus dollars Clinton created for political gain. Stimulus dollars made it to all states so try asking your local government officials where the buck stopped.
I am an artist (first profession to tank in a recession). I was laid off my job in July. I received a letter from the government telling me I might be eligible for Pell Grant money to return to school to upgrade my skills. I did qualify and I am now in a two year degree program at my local community college, enrolled in a Media Arts course. I am 62 and hope to start my own business with these skills.
It has done wonders for my self confidence – it's great for the brain and expands the imagination. To anyone who has not yet received a BA – look into the Pell Grant program. Money for these grants were increased under the stimulus program thanks to Barack Obama. I am extremely grateful to be able to take advantage of this funding. It has been life changing.
The stimulus money has helped me in a large way. I am a 77 yr old window in Arkansas and the weatherization program is making my house energy efficient (which will help me for years to come). So far I have counted 8 people who have told me they have a job because of my house. I am so grateful for what has been done for me.
The only change that has happened is 1.2 trillion in Debt, and the Hope is a President that keeps his word and not passing the buck .
I believe all the money is going into space.
The stimulus act has helped my husband and his chimney and stove service with the provision of a $1500 tax credit for newly installed fuel efficient wood burning devices. My husband benefits by doing the installation, the fireplace store gets the sale and the homeowner has more to spend in our small town. Also the stove companies have made their products more fuel efficient to comply with clean air provisions which are required for the tax credit.
Perhaps if folks made themselves aware of what is in the stimulus act they would benefit more from it.
I keep wondering, with the reduced values in homes and job losses, why the stimulus did not give any refinancing advantages to prevent foreclosures.
Almost everyone of the comments on here state clearly the stimulus did not help anyone, yet on your news segment you showed two positive and two negative comments. I dont believe that is accurately reporting what people are saying. Most Americans know the stimulus did not help and more borrowing and spending by our government will not fix our economy.
Please report accurately your own poll results CNN/Tony
What happened to Americans being resilient? If there was more tightening up and increased motivation and less complaining and finger pointing this recovery would be on a better foundation. I make less than the average complainer...and when things got tough...you know what I did...I adjusted my lifestyle and spending habits to make it through...STOP COMPLAINING! Lace up your boots, tighten them up, and stand tall.
The best change would be to find all the undocumented and send them back. This would ease the public schools, health care, social programs(food stamps), and insurance rates. Tada fixed.
I was laid off just over a year ago from a high paying job in Texas. The stimulus package has supported my kids and me by extending my unemployment benefit and funding training. Also, our home qualified under Fannie Mae for HAMP modification of our loan to make it affordable, which has saved us from loosing our house to foreclosure. I have not found work yet, but I haven't lost hope and am VERY grateful to have had the time and resource to give my children stability while I try and find a way to support my family.
I did a ruff calculation of the Stimulus Plan. About 24,000,000 dollars per person? Should every person in the country should be really wealthy?
Hey Josh, when a poll comes up with results that have no relation to the reason for the poll, something is wrong. CNN keeps on saying day after day that 2/3 of the people surveyed belive that all the money whent to pork projects. What question was asked to ellicit that type of answer. From what I know, that has never been an issue, at least CNN hasn't had a big story on a scandle. The poll you guys keep on spouting about is totaly unreal. Please reveal the questions used in that poll.
if every one got their share of the money the dollar would be worthless correct my math
My husband and I both lost our jobs last year, but we have recently found new ones. During the time we were unemployed, the stimulus paid our unemployment and part of our COBRA. It seems to me that the amount of money they are paying out for unemployment benefits and ARRA (Cobra benefits), would be offset if they went ahead and allowed people who have turned 59 or over to take their social security benefits and opt in to medicare if they so wished. That would open up many full-time jobs for the younger workers and also still allow the older workers who choose to retire to still work part-time. (Maybe even give older workers who are not 62 yet, some $ stimulus incentive to take early retirement.) I also think many ordinary working people may have some ideas for stiumulating jobs and that might be a segment you could do wherein some ordinary idea may be the one that works!
How about stimulus crime...?
Our dysfunctional Congress... All Federal Government, State Government, Local Government, Big Business, Wall Street, Insurance, Banks, Auto Manufactures, Health Care...Ect...Ect..do nothing but drag this GREAT COUNTRY down. Main St. my A.., we need help on Oak St and South St. ect. We need to free our ranks of the liars, cheats and thieves that run this country for their own good and not the good of Americas people. Liberty and justice for all ??? God Bless America and the people who make a real effort to make America great.
Dan H. McGraw, NY
My home economic situtation is much worst than one year ago. I have many neighbors and friends that are part of the 17% without a job. The government needs to stop the deficit spending NOW. The government needs to do a much, much, better job of keeping the economic playing field level and attack corruption. Congress is totally ineffective and corrupt itself, for the most part. We need a lean honest government. I don't know if it is possible, but we need honest politicans in office that will place America economic health and security as the No. 1 priorty. Keep business clean, fuel it up and let it doing the hiring. This country will good bankrupt if there is not major halt to the unreal spending that is ongoing. It needs to happen soon, real soon.
Josh, on a separate but related note, did you know that the unemployment rate increased steadily for 15 straight months following enactment of the Reagan tax cut legislation in August 1981, starting at 7.4% and then peaking at 10.7% in Nov 1982. My point: Things got worse before they got better following during that recessionary period following that massive government deficit-spending intervention in the economy. This is a fact – you at CNN can check the data yourselves.
Correction Granted $862 Billion divided by 308 million is acually $2,798.70 but you were so close.
we were in restaurant business for over 6 years. last year we lost everything and field for bankruptcy with us 65 emp lost there jobs. its too late for us but want to know what mr president is going to do for small businesses.we got lots of promises from him now its time for action before its too late for many other like me.
Tony, looking at the stimulus numbers of what has been spent to this point more than 2/3's is remaining in the account(not borrowed yet). As for the number of jobs created or maintained it seems low when compared to the amount of spending until you take the cost of materials into account for the various projects. Also jobs created by material suppliers. Construction projects are slow to get started, in the cold weather states no company wants to put a shovel in the ground till March, hang on! Available jobs Senate 100, House 435
Hey CNN, Tony, looks like from what i have read, there are more people commenting positive on what the stimulus has done for them, why don't you tell this story, or is it to truthful, this fight ain't over yet, way to go people, we don't speak up enough, probably because we're to busy trying to make a difference and help the country, and not trying to destroy it, in the name of "The Constitution" as the so-called tea bagers or carpet bagers i like to call them are trying to do.
Its working,but would work alot better in the manufacturing sector
The stimulus bill seems to be working in San Diego, California. I'm interviewing for human resources jobs that are a direct result of companies receiving stimulus related contracts. These companies seem to be hiring human resources jobs first so they can gear up and hire jobs across the board.
Job creation takes time to gear up, but it's happening and the results will be more evident in a few months time.
Stimulus is organized to expand Government across all sectors. It is wiping out regular small business. I could of kept 120 people employed last year if we could of had $1,000,000. The stimulus is not directed at small business. This is a giant shift for all of us to be dependent on the Government. All the money seems to be for Government programs, that expand Government. And all it has done is allow the banks to have incestuous inter-bank profit taking.
Hey guys you forgot that this country, and the world was on the ropes, where would you be if the "Government" had not stepped in. The president gets to make his case in 30 min sound bites, and you guys "The Media" get to trash his programs and policies 24-7, and you stress with the "Polls" that the "People" are against what the President is doing!!! You beat someone over the head long enough with lies and BS they will believe anything, especially the bigots, racist, and the ignorant!
They want to believe.
Josh and Tony: You guys dont get it do you. You keep giving two positive comments and two negative comments and that is simply not an accurate reflection of what is being stated by the citizens of our country who are weighing in. The majority is against the stimulus. Furthermore, extending unemployment benefits to help the unemployed could have been done without the stimulus.
I can't believe some of the comments. MI. has received more than it's fair share, read up on the new battery companies being sponsored. You college students read up on the debt components of the bill. Social Security is not stimulous. The 250 dollars was never voted on because we don't have the money. . It just blows my mind to read the trash being spit out. This attitude about everything is me, me, me and to hell with the country has got to stop!
I don't feel this package has helped. All this money was squandered by the government and the banking system. If you want to stimulate the economy give that money to the people that count, the little guy. You want to spur the economy, give every citizen in the country $50,000 instead of locking up all that money in corporations. The little people are the ones who fund this country with their spending.
The stimulas money thats going to road projects is just a buffer for citys and countys. The money that would have gone to these projects is not going to fund other projects.
The stimulus is working in the short term but in order for it to be effective in the long term we will have to cap imports from countries like china or require them to bring their imports from us up to an acceptable percentage. This will stimulate American Manufacturing which is the basis of the American Economy in the long term and that will put people to work.
I feel it has only helped the Banks, and the rich. I got laid from a sales job due to lack of sales when the economy took a dump. Been unemployed for a year now, have no health insurance, benefits are running out. Tried to get a small business loan to start my own business and banks say i am too much of a risk. AIG was more of a risk and they got money from the government. What is a full blooded American to due? Why can't the President and the government see reality? WE NEED HELP!!! NOT JUST WORDS!!
I think it helped in certain parts of the United States but not everywhere. I have been out of a job for 2 years and I can't find one anywhere. Personally I think the stimulus should have never have happened. I have not seen any improvement in the south what so ever.
The stimulus has helped and has not helped me. I am grateful to have the extended unemployment benefits but I NEED EMPLOYMENT! Dealing with unemployment (the government) is a big headache!
Nice stimulus conversation, 3 kool-aid drinking stimulus supporters. Try a fair an balanced approach. I could have rebutted everyone of their comments, and I'm just some schmuck.
I think the stimulus money has been misdirected. We cannot wait for business and industry to create new jobs (which may be outsourced anyway) I think we need to bring jobs back home by taxing companies that outsource jobs on a per-job basis (x dollars for every job outsourced); by starting a massive public works project (step one, New Orleans) and by redirecting federal money away from banks, brokerages, et al and distribute the same money directly to families in the form of a debit card, good to use for non-returnable purchases of all kinds. Don't give me a $1500 tax credit for buying new windows – give me $1500 cash for the windows. What we have now looks like old fashioned Republican trickle-down economics.
I say yes! A year ago we were holding our breath, ready for the crash, and thank God we dodged that bullet. The market has improved and lending has improved. I think that the job situation is similar to a row of dominoes, they all tumbled down swiftly, and putting them back into place takes time and some thought. We can't expect things to be the same, because everyone is cutting out the excess. But things are happening and I see more people in the stores, restaurants and businesses. We need to be realistic about how quickly things can turn around.
Tony, the stimulus has worked for some. The problem is that the bulk of the money has gone from the Federal Gov. to the State Gov. and helped to support or save government jobs.
Those of us that don't like big government see no benefit. Take a look at government salaries compared to non-government. The average pay of government workers is nearly double. That's what is killing California.
Tony, The unemployment problem could be easily resolved constitutionally by reimposition of the Thomas Jefferson drafted tariffs on foreign imports. Simple, legal, and brings American corporations home from China and the rest of the world.
It's clear to me that the Recovery Act has helped. I think most people living now have not experienced how terrible a full blown depression could be, so they don't appreciate what we just escaped. I think the last 8 years put us in a terrible spot with jobs shipped overseas and no strong retraining programs for the computer age. Even now I think there need to be stronger programs retraining people on computers, especially baby boomers who have leadership and expertise already.
I watch your discussion about jobs... Nobody ever breaks it down... If Manufacturing Jobs have been created... GIVE more details... GIVE some examples of those jobs with a break down of pay and benefits in %'s... Are they jobs paying 9 hr.. with no benefits? Are they jobs paying 22 hr. with a 401k and medical? You talk with no details or examples!!!!!
The best way to measure the progress of the economy and the success of the stimulus package is to count the number of lease and sale signs on former main street, car dealer and big box retail storefronts.
The stimulus has done nothing for me. I have been out of work for six months. CNN does not seem to get it. In your debate, you have 3 people all in favor, all saying it's working. Why don't you show opinions from both sides? I want all different opinions, get on board CNN the American people have a mind, treat them like they do. be fare.
I have been unemployed from the commercial roofing industry for almost a year. What I want to know is what would have the Republicans done to free up the bank money that is keeping me unemployed? There seems to be no shortage of blame, but a lack of ideas. Indianapolis, IN
All the Dems say that "Republicans are lining up to receive stimulus dollars for their district, but they voted against it"
Rebuttal is, would those districts not be taxed to pay for it?
Did the Dems return their Bush tax cut money?
I am in Sarasota, Fl & have lost 2 jobs in the past 18 months. Half of my unemployment pays for my Cobra which ends in April. I will be among the uninsured millions & I have a terminal illness. I am scared & unemploed & will shotly be uninsured. Where is my stimulas? Oh wait I'm not a big bank or corporation. Help!!
Two reasons it hasn't been appreciated:
1/ Folks are not used to getting tax cuts in their pay checks . . . some don't even realize they have gotten them.
2/ The negative bloggers out there! . . . from birthers to . . . and dare I say it . . . big time number of closet racists.
I am an independent consultant in information technology, an area that is not directly impacted by the 2009 stimulus legislation. My last engagement of two years ended last June, and I have been unemployed since then. Contacts for my services went from 5-10 per week to one or two per month during much of that period. In the past two months the contact rate has gone back to 5-10 per week or more, and I start my next engagement March 1. So I would say that even in areas that don't get funds directly from the stimulus package there has been a definite improvement over the past year. I can't say for certain that this aspect of recovery is a direct result of the package, but it certainly hasn't hurt.
Absolutely nothing!! Absolutely nothing!! Absolutely nothing!! Absolutely nothing!! Is it going to change? I doubt it. Incumbent politicians on my ballot in the next election can count on one thing...they will not get my vote!! I may even work for non-incumbents in the next election. I have plenty of time on my hands!!
The stimulus package, which is a "Rob Peter to Paul" type of program, most importantly has further dimished the amount of control that we have as nation over our economy and national security. Whether it is based on that my 7 year old daughter is now over $34,000 in debt due to our national debt while she doesn't even own a doll house, or that we owe China over $4 trillion.
Also, the released Whitehouse figures on jobs is bogus and hollow because as usual Uncle Sam never points out the fact that our nation needs to create over 250,000 per month just to keep up with population growth. So any job creation or retention that Uncle Sam is taking credit for still results in a zero to negative net job growth rate.
I'm sorry, but don't call the road work in this country stimulus, at least not from the stimulus bill. Our State and Federal gas tax is supposed to be paying for that so where is that money? I'm tired of seeing all the money wasted on these road signs that should have already been funded by the gas tax. Invest in electric cars and electric infrastructure. The time to get off oil is now. The average American puts 15 gallons of gas in there tank a week. Gas was $1.50 a gallon and went up to $4.11 that’s a difference of $39.15 a week or $156.60 a month. That money had to come from somewhere. It didn’t come out of your food you had to eat. It didn’t come out of your gas tank you had to get to work. It came out of your bills so you lost your house.
Senior Computer Technician, former educator, out of work for over 2 years now. Stimulus is not working primarily due to the fact that the monies were indeed targeted in all the wrong places. Yes, in the end it is political. I tire of hearing about what is good about the stimulus in lieu of completely ignoring the facts that there are so many individuals out there that have simply given up hope of finding a job. I am currently in TIER III of unemployment. I am 61, college educated and very capable of doing what I have been doing for years. I sometimes wonder if this isn't a way to put all of us over 55 out to pasture. Obama, although I do believe in what he is trying to do, is still out of touch with what the true facts of what is going on at the grass roots level of the unemployment issue. He needs to start talking with the mainstreet AMERICANS views on how to resolve this. The HILL does not have the answers, let us give them some. We're NOT idioits out here, we just want a simple living to support our families.
Since we are all connected economically in some aspect, if one area falters in our economy, as the recession has shown, there is a spiraling effect to all sectors. So, I believe that as a few economic areas grow stronger, it shall effect a majority of the country. But it will take time.
I've been laid-off for over a year and continue to look for a job in the manufacturing field. I have not seen any improvement from the stimulus package, with the exception of extending unemployment benefits. Of course, if Congress did not extend benefits, ALL of Congress would be out looking for employment in November 2010.
Why, as the most "fair and balanced" news source cable provides, don't you ever say who the Heritage Foundation is, rather than allowing it to be viewed as a fact-based think tank? You know full well that it is run by Edwin J. Feulner Jr. and his cohorts and has been around for decades with the sole purpose of promoting corporatism under the guise of research. Why don't you ever say who they are when you report that ..."according to the Heritage Foundation..." Say what they stand for. Their ultimate goal is to turn the world into the original movie Roller Ball and you all know it. Stop giving them a free pass to be accepted as an unbiased think tank. Oh sure, it's sometimes prefaced with "the conservative..." but it's not a think tank, it's a political force.
I was laid off of my $80K salary as a Software Engineer August 2008. I finally got a job last November. I make $10K less, but I'm pleased to be bringing in income. THANK YOU President Obama!
I love you dearly, but your segment at 12:25 today was rediculous because it featured three "panelists" who know nothing about economics. You let one get away with stating flatly that the jobs "saved" by the stimulus equated to jobs "created" and thus evidence of the stimulus plan working. Nuts! The stimulus has not worked. Jobs saved are not jobs created. Jobs saved, do not put unemployed people back to work. Businesses do not need stimuli to hire. Businesses need business to hire. Why in the world would anyone hire a worker because of a tax credit if there were no work for the worker to do. A stimulus that puts money in the hands of the "people, " will stimulate immediately. This won't happen because Obama and his sidelkicks won't admit that a Republican idea is better.
What about the 90% of people who are employed. I understand and fully simpathize with those people who are struggling and don't have jobs, but the unemployement number has'nt jump passed 10% in months. People are quick to forget how bad it could be right now, had this administration not stopped the bleeding from the previous. Do the math people. From loosing 700 thousand jobs per month, to now under 30 thousand. We even had one month where we gain jobs. hum, 700 thousand to 30 thousand. My pre-school son could do that math, why can't the american people. Stop crying! I thought we were a strong nation.
You guys amaze me. I don't care how positive a story is, you will find a way to put a negative spin on it.
Something I don't hear anyone mentioning about the stimulus.
Lets say there was a project for a new bridge. OK, they hire the people to do the work on the bridge. Do you think all the different material for this bridge just happened to be there. All the different things that had to be made and transported to that bridge site also were jobs if not new jobs extended jobs.
I think there are a lot of jobs maybe saved that you people don't see on the job site.
STOP BEING SO DAMN NEGATIVE!!!!!!!
No I am not a (D), just a private citizen also trying to work through this mess, and you guys don't help much. It is not just CNN, many others are to blame. Trust me if I had something else to watch I would.
Hello Tony I'm a 22 year old Philadelphia man, and I don't think the stimulus package is working too well. I mean I have been looking for a job for about a year, and its been tough on me financially because there thing they expect you to do, and pay for but if you can't find a job then how must you do so?
It has done nothing for me. But, it surely has helped and will keep on supporting many Americans. Why should the media just look at the number of jobs created directly related to the projects? The rise in income from these project beneficiaries could help raise demand in the rest of the economy as well. So, the impact eventually flows into the rest of the sector. it's good to look at the impact from various perspectives. it surely helps, it's a matter of Economic principle that it works.
I cannot say anything against the stimulus package personally, as I am still employed. However, I was watching your segment just a moment ago, and Tony, you mentioned how the plan seemed pretty straight-forward and was common sense. So, why haven't more Americans bought into the plan? Yes, I understand and feel that our elected officials didn't sell it effectively. But, I must introduce you to a comment by brother often says: "Common sense ain't common." I have been watching the news and am more often ill than not at the number of people participating in movements like the Tea Party and fan bases of certain warped individuals with their own radio & TV shows. The way people are rallying around panic and chaos tactics is unnerving. Education is obviously lacking of late, and we have apparently elected spineless representatives for our States, who drop out of sight when it's time for real work to be done.
My brother (a computer engineer) has been out of work since layoff for 2 years now, the 2nd year thanks to the "Stimulus Act." It seems that as long as he's able to get the "free ride" of unemployment money, he won't bother to retrain, update his skill set, or take an entry-level position in a new career. There's even programs that would enable him to get a teaching certificate in his and nearby states where math and science faculty are in demand, but he shows no initiative. If such lazy moochers want to continue to receive our hard-earned tax dollars, they should be REQUIRED to perform public service. They (and the country) might benefit more from a kick in the pants instead of a handout.
Absolutely not a damn thing. The problem guys, IS THE BANKS... AND NO ONE IS TALKING ABOUT IT!! HOW COME?? DO THE BANKS and WALL STREET STILL OWN THE ADMINISTRATION??
My guess, is YES. EVery politician alive is on the payroll of WAll Street, insurance companies, and corporate america. When the hell are we going to smarten up???????????
The "stimulus" was SUPPOSED TO create new JOBS...to replace those that our wonderful government sent over seas and will never return.... Not prevent lay-offs ..
if the stoimulus is helping a teacher in LA or a cop in Boston, it's helping all of us. The one thing that this recession should have taught us is how interconnected the ecconomy is. We as Americans want everything fixed yesterday and perceive the ecconomy's strength on how our own personal lives are impacted. That's a narrow vision of today's symbiotic ecconomy.
The biggest problem with the stimulus has been the sell by the white house. It's very easy to forget how bad the fear of complete financial collapse was last year and it's very easy for naysayerd to claim it's not working when there are so many hypotheticals and ancillary impacts that the average American could care less about unless it solves their own personal problems overnight.
Even if the package has created or saved 2 million jobs, how can anyone say that $700 BILLION was worth it? No successful business would be able to survie spending that kind of money per job.
Sure states are asking for more stimulus money, but they are ALWAYS asking for more money. All this has done is made states dependent on that money in the future. States will not become independent until they spend within their means instead of living on money borrowed from China.
What the stimulus did for me was make me even more concerned for the future of my 3 children, especially the one who graduates high school this June.
The detainees in Haiti syndrome. Out here in Real America, we are held captive by the Slavers in D.C. . They give away everything we own and -charge us to do it. The stimulas has helped no one outside of Politics and banking.
I am a tax preparer, and I have seen the differences between last year (2008) returns and 2009 returns. There are lots of tax benefits on the 2009 returns. Example, compare the standard Deductions. The Stimulus Plan is working, but slowly. We all need to give it time to materialize, and we should remember that it took 8 years to create the economic chaos we are in now. Without the stimulus plan, the country would have been in a huge trouble.
At 76 years I am frightened and horrified. My grandparents and parents would never have handled their budgets, nor have the debts/deficits, our government has. I fear for our 14 grandchildren and their parents along with other Americans. Our elected "Leaders ??" have got to settle down and come together for realistic solutions and spendiing.
Income and employment multipliers were developed by Kahn/Keynes back in the 1930's. They have been part of economists' "macro" tool kit since.
As an economist, I can assure you that the stimulus will have have "primary" AND "secondary" AND "tertiary" impacts on income and employment, and these "multiplier" impacts will continue to occur for some time.
But, at this point, CNN's preoccupation with "how many jobs" is a tiresome fetish. It's a waste of time ... like asking whether Michelangelo would have finished the ceiling of the Sistene Chapel in 1510 rather than 1512 if he had been joined at birth to an identical twin.
My family and I live in Iowa and Illinois. I do not see any benefits in our family because of the stimulus. My son has been laid off (from Alcoa) with no assurance of going back to work anytime soon. My son-in-law just lost his job recently. Their families are struggling. I work for a national hotel chain and have not had a raise in over 18 months. Meanwhile we are paying higher prices in the grocery store and a the gas pump.
How are we going to create jobs and their availability when some of our largest industries are sending jobs ouot of our country as fast as they can? Call it what you like; global marketing, etc. This is pure corporate greed. I work for one of the largest manufacturers of agricultural equipment in this country. In the past we have built and sent huge amounts of equipment to foreign countries, but now this company has or is in the process of building production factories in most of these countries. Good for this agricultural corporation, good for these countries, but bad for American workers. Corporate America and the people with huge investments in them are selling out for profits. At some time we should put America first. That is what they tell our young people when they need them to fight our wars and protect some of these territories for their future investments.
Living in Texas, where our governer turned down stimulus money and is proud of that fact, my son, my brother, and my next door neighbor were all laid off. My next door neighbor had worked for the company for over 15 years. They were lucky that at least some of the stimulus dollars squeaked in in spite of Rick "secession" Perry. Unemployment compensation lasted long enough for my son to get back to work – we'll see about my brother and my neighbor.
The stimulus plan is a welfare plan not a job plan. So far most of the money went to pay for medicaid, cobra, extended unemployment benefits, and government funded projects. I think everyone knows how to look for a job. What people will not do is accept a job if they are receiving medicaid or extended unemployment benefits. People need to be stimulated to work, and employers need to be stimulated to hire people who are willing to work.
I think that the American people need to ask a different set of questions! For example: What are the rules to disperse Stimulus Funds?, How far along does a state or city project have to be in the design faze before that project can be considered for monies?, What are the time lines for completion of projects funded with stimulus. All of answers to these questions will explain why the American people are so angry (There has been some spending but I think most of it depends on the seniority of that state Senator)
Tony, Appreciated the panel's comments this a.m. on "Is the Stimulus Package Working?" My question, Does anyone wonder if the 20-30 years of the manufacturing companies, etc, outsourcing their factories, offices, etc. has had an effect on the horrendus unemployment we are facing? Will you explore what this did to our economy? I believe that any country that does not have a vigorous manufacturing sector to export wil enventually collapse. How can the working class of people participate in the economy, i.e. purchase goods, without jobs?
Could the banks who have been bailed out with taxpayer money think that they could reduce their outrageous bonuses to put that money back into this country to bring back the jobs they have outsourced?
Thank you for the clear, thinking reports you bring to the viewers.
It's not the stimulus. Rich greed is killing our country. It started with Reaganomics. The rich lied to the working class. Brainwashing them, telling them they had to take cut's in benefits and work for less. Just to keep up with foreign competition. All along giving themselves hugh raises and bonuses. Until the rich start to take responsibility for their actions. Things will not change. We must hold them accountable for their crimes against the working class.
What has the Stimulus done me me? absolutely NOTHING! Why? I feel the criteria was wrong from the onset! You want stimulus you need to fund those projects that permanently employ people! That is those projects that directly support a community with jobs for the longest time are the project that need to be funded first! Here in Massachusetts the uneployment rate is between 9 to 10% depending on who you ask! There are nonew jobs opening jobs available! Sure there maybe some stimulus projects here! However the funds are not going to the unemployed here in Massachusetts! Like most of the projects the funds are being spent by out of state companies!
Here is the question I want answered! How many permanent, two years or greater, have been created by the stimulus package??
Far as I am concerned the whole Stimulus package is a joke and a bad one at that!!!!!!
Obama is dancing as fast as he can with all of the rotten baggage he
has to deal with. He has made leaps and bounds but is not getting the
required support from Democrats nor the Republicans. There is a minority of the people that do not want him to succeed as a black man
such as the like of a biggoted Dick Cheney and that radio commentator
Rush L.....(we call him NASTY MAN) along with the majority of Republicans. Nancy P. and the Democatic Party need to get more back bone...make decisions to get get things moving more quickly and show the President that he is not hanging out there by himself and that they support him. The Media can do better to support him also....especially
Fox who readily displays bigotry.
The Stimulus has done NOTHING other then lining the pockets of Corrupt Banks and Corrupt Unions at the expense of the public. Handing money to overpaid shovel leaning all day lunch break union construction crews who cost tax payers far more to do the same projects as private construction companies is waste. They work s-l-o-w in a belief that it's job security to milk every project for every dime they can. I know, I've been in construction for 33 years. I know these people. They have this false sense of entitlement to ride on the coat tails of tax payers. And this has killed small private businesses, startups, and entrepreneurs. The TRUE fuel of a healthy economy. Banks are not lending, Government us growing, The dollar is failing. And CNN will NEVER report the truth of what's REALLY going on because it's filtered corporate owned media. Enjoy your short Stimulus ride all you lazy welfare people. Your in for a really hard reality around the next bend.
Tony, The stimulus is working for goverment, Teachers,construction workers and banks . What about the little people (WE THE PEOPLE). The department store worker,resttaurant worker,Where is the job growth? Small business is WE THE PEOPLE. Keep feeding the goverment and the goverment will fall.
As we speak, Rush Limbaugh is calling Pres Obama and VP Biden liars for claiming that the stimulus funding has created "a single job".
I can vouch for the Pres. and VP. I am the Director of Capital Projects and Construction for one of three non-profit developers that have joined together to build low and moderate income housing in Asbury Park, NJ thanks to Pres. Obama's stimulus funding administered under the Neighborhood Stabilization Program. It is creating jobs for masons, carpenters, plumbers, electricians, and roofers to name but a few. It is also providing new homes for families and helping to resurrect a neighborhood that has been down and out for a long time.
Sorry Tony – Your reporters have it all backwards. The reason the states are going to the federal government for funding is because they have shortfalls in taxes due to a lack of business revenue which has created a lack of jobs due to the poor economy. To say its "OK" for the states to keep going back to the federal government for more money rather than trying to heal the UNDERLYING PROBLEM OF "NO JOB-/NO TAX REVENUE" will do nothing more than increase the problem along with the deficit. It becomes a vicious cycle.
As one of many small business owners who was turned down by the Small Business Administration for a loan, I will tell you the problem lies with the credit market who are not yet loaning to businesses. Also, have any of your reporters gone to the Small Business Administration and tried to apply for a loan? The process is difficult at best. You need to submit a lengthy business plan and an extensive financial profile. Where I live the community college offers a SIX WEEK course to help you understand how to fill-out the application!!!
No wonder the SBA program isn't doing much good.
I'm surprised how off-track CNN is on the subject of jobs and the economy. Maybe you fellows have it too good. Roll up your sleeves and get out there and see what is really going on!
You need to get real.
I;ve regretfully been unemployed for over a year now and am currently receiving Unemployment Compensation. From this point of view, the Unemployment Compensation extensions provided by the Stimulus have been very helpful. However I consider that there should be a law or an agreement with the Credit Card companies by which if an individual is officially registered as unemployed, these companies should freeze all fees that cruelly increase your balance and make life even more painfull, as if it was not bad already not having a job. Not to mention the collection call torture. I'm sure I'm not the only one going through this situation.
As you indicated, the math determining "jobs" created is all over the place. Would any business invest this kind of capital without first establishing a rational, believable measure?
If one took the $850 billion figure, 17 million jobs paying $50K a year would be created. Admittedly, this is too simplistic. But just to stimulate thought, should one expect say a third of this figure to be achieved?
Bottom line: too much money returning questionable benefit.
In '08 after, 32 years in the travel industry, and being in the top 2% in sales with a major corp., I ,along with many others, was terminated. I was also one of their highest paid employees. People are now beginning to travel again, and jobs are again being offered in the Industry. A strong sign that the ecomomy is recovering!
Under the Bush administration Republlicans reminded us to support the President, and respect the office, no matter what our personal feelings were. The Republicans need to do the same now! If you're not part of the solution, you ARE a part of the problem. In this case, the devision!
It would be helpful in the future when CNN indicates how much Stimulus money is spent in a particular locale, if CNN showed the cost per job saved. For example, recovery gov indicates $7.3 Billion in Stimulus money for the State of Michigan, which saved or created 20,122 jobs. That would be about $363,000 per job...and Stimulus money for the entire U.S. recovery.gov indicates $ 198.5 Billion has been disburesed saving or creating a total of 595,000 jobs at a cost of about $330,000 per job...does that seem excessive to you?
I think the stimulus is working I'm currently on unemloyment while I search for work. This money has helped me survive the downturn in the economy. I for one think most people want a microwave solution to problems that where caused by big business losing their minds.
Lets see the Goverment gives big Financial institutions billions to bail them out and all We The People got was a $500 dollar stimulas check in the mail. Wow I got alot of bills paid off!!! It seems like the Goverment likes the corporate world more then its own people. Its funny wouldnt it be more fair to pay off everyones dedt considering were the ones that are stuck paying it off through our Taxes. Less Politics and more Common sense is my moto...lol
Job production is simple. Labor is a commodity. Change the workweek to 36 hours (just like in 1936). Use unemployment savings for one-time credit to employers that create bonafide jobs.
when Obama came into office, he said he would take care of schools, police and fire departments, which I have heard him say now that he has. Well, why is it that IL owes our schools so much money that teachers have to take non-pay days off. Our police and fire depts. have laid off, if not, made to leave. Why don't our ellected oficials take pay cuts too, it only seems fair, all they do is set around and argue and spend our tax dollars on things to make the rich richer, sinse that's who got them there.
Why would anyone in their right mind claim tax cuts would have any effect on any middle, lower middle, lower wage earner???? Conservatives are already screaming about cutting out the EIC (earned income credit) that lower wage earners get because they don't even make enough money to "pay" taxes.
It's all a ruse for the higher earners to not have to pay the taxes that should be at a much higher rate anyway.
I wish CNN would stop using these idiots from "think tanks" and actually talk to the real people in this country.
America has lost what made it great. Look at the immigrants who came here 100 years ago with 10 cents in their pockets who started very successful companies operating today. These people WORKED! They didn't sit around saying: "I can't find a job". They made their own jobs! I've been self employed for 33 years. I have too much work, projects on the back burner I can't get too. Open your eyes people! Stop looking to someone else to give you a living. Go set up a Lemonade Stand. That's how kids learn business. You can buy and sell on ebay. Everyone want to start at the top. Struggle! It's good for you. You'll appreciate what you actually earn with your brain, your ideas, and your own two hands. Look for a need in your community and fill it! Work opportunities are endless when your not looking for a handout or a free ride. WORK AMERICA!!! Cause your killing those who do, when you don't. Scrap metal is up. Go pull an old car out of the woods and scrap it for $300 cash. Then use that $300 and make it into $500. Repeat the process. That's how you get rich. Unemployment should not exist. There is really no such thing. It's just an excuse for a handout. WORK FOR YOUR SELF PEOPLE!!! It Really Works!!!
Dear CNN, I was fired from my job Dec.1 2008 as a costcutting measure with no possible re-call. I don't believe this company should recieve tax relief for the hire of new employees.I was a loyal employee with ten years experence
I'm 26 and returned from a 65k procurement job in NYC to get my MBA. Last year- there were no internships for MBA's with morgan, jp, or sachs. Citi would love to take interns, but not MBA's (assume that we want too much in compensation). Janney Montgomery Scott cut their intern program last year- they cancelled their WSJ subscriptions to save money- if we gave them a tax break- they would get their paper back, and then consider taking on interns. I'm 26- a high level mba- and carry references from 4 Fortune 500 vp's. I am not eligible for unemployment because I left on my own... now there are no jobs or internships. I'm not searching for $100k- I'm looking for a company who wants to help people.
PLEASE!!!! Let Mr Andrew Roth get a check on reality. Unemplyment checks are a small percentage of your salary. If I had $500 a month benefits but my regular pay is $4000 a month... why would I choose to stay home and starve? Outrageous!
P.S. Love your show, glad you have your own time slot!
This man is nuts! I am a community college instructor who lost my job last spring. I made $50,000.00 a year or $961.00 a week. My unemployment is $361.00 a week! That is not 60% of my pay. I loved my job. I have sent out over 100 applications. Extending unemployment is the only thing that has helped me keep my home. I am selling antiques to meet my bills.
The statement that giving people unemployment keeps them from looking for work is ludicrous!
Cash for clunkers. Yes clunkers, human clunkers that is. Many of us over 55 still working because we cannot retire. 401k tanked with the economy and real estate value followed. The only little left is Social Security retirement. I know it is very little and most cannot live on it alone. But many of us who are expatriates' could do well on that alone by moving back to where we came from. That will create immediate job vacancies for those who cannot leave. So put some of that stimulus money into buying early retirement from those between 55 and 64. 23 millions + are out there. Big corporations do just that, offering early retirements to their seniors.
Here in nw ga the stimulus pkg has helped dozens of friends and family members by extending their unempmt cks and my daughter in law is being trained in a different field. AMERICA...it will take a few yrs for the job market to come around. First you have to come back from the brink of non exsistence. My husband has a const business.. we did have 15 employes. Now we have 2. We have turned the corner by focusing on kit and bath remodeling instead of new const jobs. The president is right when he said we have to build stuff and it has to be custom...not something that can be mass produced and shipped in from out of the country.Second, The party of no...could show the rest of the world America is still strong and united by working together with all elected officals to get the important issues we face fixed.
I can't believe no one on the right side of the isle is checking their stock portfolio or 401K...both of which have seen significant gains since Obama's policies have slowed and begun to reverse the economic disaster Bush left him with, and that recovery isn't limited the wealthy or "elite"...it helps everyone. It's also baffling when so many don't believe the President has reduced their taxes...don't they ever check their paystubs? All this protest agains the stimulus package is disingenuous...the facts are there in black and white for anyone to see.
In watching Ali's program this afternoon, I was amazed to listen to MrRoth's comments. Why do so many fiscal conservatives think tax cuts to business are the answer? Why would a businessman make a new hire when no one is purchasing products or services. In fact, it looks like most of them have figured out how to do more with less. The fact is that payroll taxes are only about 1/5 of a salary. The only reason to make an new hire is if it looks like one can make money in the relatively near future. So if business doesn't hire then a payroll tax cut doesn't help. The same thing applies to hiring incentives. The tax break I received for home energy improvements that I made paid at least five workers for five days. That makes sense! Like the solar and wind energy projects or the roads projects. How can anyone think there are jobs out there when many of the lost jobs are just that. LOST We need retraining in specific areas and govenment support for projects in those areas. Who, in his right mind, would think that 200.00/wk would keep anyone at home, let alone in health insurance.
Where in the world do you get 65% of your pay as unemployment? Am unemployed in GA and get the max 330.00 plus the 25 from the feds per week. That is before taxes. When employed it was 1,154/week. Sure wish it was 65%, ~750. Am losing money each month and if I do get a job soon I will lose house. Only debt is House and new HVAC for house. And I am about to lose it all.
We are from Los Angeles, Ca and my husband who has been under employed and unemployed for the last six years because of companies going under, has almost been employed for almost a year with a program funded by the stimulus. The program focuses on energy savings and weatherization. Not only is this job supplying a good wage but also benefits for him and his family. In addition, he is gaining skills in a new area that will one day give him and edge in future industries. We, the normal real people of this country need to be heard more than the expert commentators. Why can't we be on your shows giving our opinions? The stimulus is working everyday in our community, there are signs all over giving recognition to programs created by the stimulus. I will send some pictures in.
Just watched Josh on the stimulus and road construction jobs.
And what the unattached administration can't seem to fathom is the said construction companys have 95% of the manpower working for them already, and would be working anyway, that doesn't leave much room for new jobs at all,so where do they get their numbers for new jobs? Out of a magic hat. OOPS no wabbit !!!!!!!!
Carpenter for 37 years I've seen it in action, The Chicago machine only works for Chicago not the common people.
Uncle Sam doesn't get it. We can't tax our way out or spend our way out of this mess. We need to create jobs! Uncle Sam levies US businesses with one of the highest or the highest corporate income tax rates than any other industrialized nation, and because of this coupled with global economics, US businesses have offshored millions and millions of manufacturing jobs to remain competitive.
Lower the corp. incme tax rate, stop providing incentives and tax breaks to companies who do move US jobs offshore and we'll start to see some of those jobs come back home. It is sickening that US officials have incentified the loss of American Jobs, while we have severe hardship taking place in most sectors of our population while also having the Speaker of the House, Nancy Pelosi, trading in her taxpayer provided $45 million Gulf Lear Jet for a brand new $200 million taxpayer provided Boeing 757 which costs US taxpayers over $64,000 just in fuel per week because her life style was cramped.
1. Labor is a commodity – treat it as such.
2. 36 is not divisible by 5 – so 4 work days, save gas
3. Undoes harm due to women's lib – latch-key kid problem solved
(btw, I'm a women's libber – just that when it happened there was no need for influx of labor)
4. 1936 last time workweek changed (from 48) – no need for min wage law when market is balanced – value of a person (any/every person) is increased
5. Employment saving to employers with bonafide jobs created
6. Gains in efficiency due to computer revolution not seen by labor – only business owners and inventors.
7. Salaried folks still make same pay, hourly get 10% increase in pay rate (to compensate for less hours).
Stimulus: Freetown is a small Indiana town 650 residents and we applied for $156,000 for 5 projects that would help our community immediately. We got our request in on time with shovel ready projects, we haven't heard anything?
Most urgent help needed: We are struggling to keep our 4-Star Freetown Elementary School from closing (K-5th grade); this due to cuts in Indiana funding for the schools in our state, including our county of Jackson. The school board says it could save $418,000 by closing the school. This school has 102 students, teachers, aides and other personnel that will lose their jobs if we cannot save this school. Our school has maintained a 4-Star excellence rating 3 of the last 5 years, to lose this school and the impact it will have on students who have been taught EXCELLENCE COUNTS AND LEARNING AND PRIDE IN YOUR SCHOOL AND COMMUNIITY ARE TREASURED ASSETS which they have they have achieved. This is the only school in our county to achieve such 4-Star status and now to lose their school certainly is sending the wrong message. EXCELLENCE MUST COUNT. Please help us, we have been granted a 30 day extension until March 16th when the final decision will be made by the Brownstown Central school board. Please help us. This is critical for our school and community.
Thanks you do a great job.
We need growth direction which begins with the core of the problem. I have read many of these comments and many deal directly with their personal problems which have or will affect our economy. We need to start with the core of the problem. I have been in Real Estate for 23 years. In addition, a Loan Officer for 17 of those years. The writing was on the wall when the Banks portrayed themselves as having a crystal ball. In my profession it is against our Ethical Standards and our Fiduciary Duty to be honest in our dealings with the general public. We CAN NOT predict the future for our own personal gain. The writing was on the wall when the Banking industry was handing out loans at 125% of the esisting value of a home loan. Yes it took 10 years to get to where we are today as some of these comments indicated, Why, our Government could not see where this would lead the American people ( or did they), and/or put a stop or some control before our wounds were too deep, I do not understand. The problem as I see it today is that the Banks re-gained their greed and a good hunk of their lost profits from this so called Stimulus package, and very little if any passed on to the needs of us all.
Not only have they misrepresented on how to obtain the "American Dream", they contunue to this day through the credit card companies that continue to strip us of the opportunities of future borrowing and growth, not only in the housing industry but to the Businesses accross our country. I know, for I have been on both sides of the fence. FRAUD is a powerful word and our Government needs to be aware of what is going on out here. I'm not so sure they know the extent of what these Banks are telling the American people. If they do know and continue to let it happen I can not see our economy heading for improvement. I feel desperation and I know why so many are not obtaining loans today.
CNN...YOU DON'T HAVE ENOUGH AIR TIME TO GIVE ME TO EXPRESS THE URGENCY HERE OF WHAT I HAVE EXPERIENCED FIRST HAND. I would like CNN to have my story. If not I will pursue another direction. Somehow I feel the need to express the urgency of this ongoing problem.
Every republican member of the house voted against the stimulus pkg. 111 republican house members attended every stimulus project check receiving ceremony-in their republican districts where some tea party members reside-smiling broadly before the cameras. So, President Obama brought jobs to these districts. Are these communist,socialist, or fascist jobs?
Here is my delayed report about my Toyota Prius. Everyday I was getting calls from friends or collegues who were concerned about my Prius breaks. So even though I did not have any problems, I took my 2007 prius to the dealer and they told me that it's 2010 they are concerned about, that I should not have worried. Why couldn't CNN or any other news mention that?
And also the floor mat has the hook, how could that move around ?
I watched your economists at about 12:10pm EST this noon time. They all missed the big issue. Saving government jobs is the worst thing our federal government could do. State governments not only saved state worker jobs with the stimulus but increased their pay and benefits. Very few if any private (non union) workers benefitted from the stimulus. Government jobs will destroy our country with their high wages, bloated benefits and pensions. The government should privatize as much as possible and never issue contracts requiring union wages. Basically, government unions have and will crush our economy. Private workers are far more productive and creative as government workers. We've got to let states go bankrupt so they can re negotiate government union contracts. At least stop renewing them.
On my street, I am using the tax incentives to improve the energy efficiency of my home.
My neighbors, an engineer and a teacher, had stopped plans to renovate their home when the teacher was laid off as local taxes collapsed. She was re-hired with stimulus funds, and now they are back on track to do an extensive renovation and addition to their home.
No question that stimulus funds are working in Fort Lauderdale.
Well i still only make about 11 hr, and only 25,000 a year. i can't pay bills fast enough (before shut notices) so nothing. I've seen nothing, gas is too much, food is too much, and i can barly eat everyday, so it's done nothing!!!!!!!!!
Hello folks–there was no stimulus bill!
The 800+ billion bill was a support and pork spending bill,
not an economic stimulus investment bill.
That's why there has been so little effect on jobs
–any apparent jobs effect is just coincidental.
Thanks to the spendaholic Dems, we will have $800+ billion dollars that will be added to the national debt with no stimulative effect on the economy to help us pay it back.
Instead, guess what, now the Dems want to spend even more billions on a jobs/stimulus bill.
Dear CNN, I'm a single parent with two young sons living with me, who are both full time college students with good grades, I am trying to save my home, my primary residence. For several times I have applied for a loan modification with my bank, Indymac, now One West Bank, and I have been turned down, even though I meet all the criteria for Mr. Obama's loan modification plan. I found out that thousands of people like me in the U.S. are in a similar situation, and I wanted to share this with. I want to help my sons to get a good education, become productive citizens and tax payers to help build the future of this great country, to have a home, to help them build their own little families after I'm gone. But no, the greedy banks want it all, and they ignore and twist the programs developed for us, by our great leaders to help stimulate the economy of the greatest nation in the world.
I trust that our leaders are aware of this problem, and the question is if they are doing anything about it, before our economy gets any worse, and more people lose their homes, and more banks ignore the government programs, and make more money on our misfortune.
(My misfortune ?? I lost my wife of twenty years, and now I'm about to lose my home of twenty years.) Mr, Obama, Thank you anyway.
The stimulus has failed me. I am a home owner that has high credit scores but I am on permanent disability. The banks will not refinance my home and Obamas plan states that you can't be disabled to get a loan. Only 2% of Americans qualify for his refinance plan and that is not stimulus for anyone.
Oh by the way, I just got a $5300 tax refund, twice as big as any I've ever gotten before. Working? Yes! Time to pay off some other debt :p
I live in a very Republican town in a Republican area–western Michigan. So while the Representatives and other officials rail against the stimulus, the cities and villages fall over themselves applying for (and getting) stimulus dollars for projects that they would haven undertaken anyway. Are jobs being being created that would not have any way? No.
The stimulus turned out to be exactly what I knew it would be. A flop!! I have been out of work since May 09 with no light at the end of the tunnel. Sure am glad the bankers are getting their bonuses cause I don't how they could make ends meet!!!
I received more @ on my tax return as part of the stimulas, i receive a little more each paycheck due to the stimulas. The Food Stamp allotment was increased so more people have food to eat, and people on unemployment are potentially able to get an additional $25 per week as a part of the stimulas, that is huge if you are only making $1000 per month on unemployment.
When you report the "jobless" rate you are only talking about people applying for unemployment, not how many people are not working, there is a big difference. I wish you would do more research and report facts.
I live in a very Republican town in a Republican area–western Michigan. So while the Representatives and other officials rail against the stimulus, the cities and villages fall over themselves applying for (and getting) stimulus dollars for projects that they would have undertaken anyway. Are jobs being being created that would not have any way? No.
Here's the way I see it. We are spending $800 billion to "create" 2 million jobs. That's $400,000 spent per job "created". Tell you what, if the the government is spending $400,000 to create or save one job, I'll take the cash and give my job to someone else.
With people relocating to find work and whole towns losing manufacturing jobs overseas, it would make sense to upgrade some of these abandoned factories with stimulus dollars. Everybody has received a cold taste of reality in this great country and all would jump at a chance to go back to work for 10,12 and 14 dollars per hour. People need to work for less, government needs to give tax breaks to these companies and maybe even exclude them from paying taxes for the first year all together. American suppliers need to work with these new start ups with lower prices and low interest payment plans for the first year. Unions need to stay away.
Think about it...We have invested trillions of dollars in our infrastructure. These factories are sitting there not being used. We need these stimulus dollars to stick. These will be full time jobs and last for years.
I say to all my fellow Americans
expect a little less for now
Buy American made products
We will get out of this mess when we realize that our government is working for large corporations. All of these good old boys need the boot and it is all of our responsability to vote in new fresh Americans with ideas that work.
Is the stimulus paying for the electronic portable machines that can spot trace amount of explosives on hands? If so, then I have an issue with that. Very simply, as these attackers are typically associated with others, another person could equip the device and subvert the system. Perhaps they are a good idea, but I imagine they cost a great deal. My question is whether or not that cost is reasonable given the circumstances. I imagine a school could use that dough much more than could the TSA. This answer is too simple, though, so what is the real deal? And why does our government consider this such a necessity?
I think that upgrading the baggage system in a select amount of airports is a waste of money. Not only that, but won't it also affect jobs in the long-term? We have seen machines take the place of workers in America for decades now, how is this going to be any different? I don't know the cost break-down on this stat, but it should be reckoned with. Even if it won't threaten jobs right now, in a few years the budget could consider the functionality of the conveyor belts and diminished need for actual persons and use this information to justify cutting jobs because we have machines to replace them. The system seems fine and TSA HUMAN agents make me feel more secure than would a machine at this point. Plus, as noted above, is this cost absolutely needed right now? Further, couching these systems in terms of a security upgrade is disingenuous. 3 of the perceived airports to receive upgrades are located within about 100 miles of each other in Wyoming and Montana. I don't imagine the most severe threat stems from that part of the region. Maybe we need some more information, what's the cost=benefit on this?
The spending accelerator of Congress is stuck and won't slow down. The money being spent isn't going where it should be going so the spending "steering wheel" must be broken. Forget the Toyota recall, how 'bout a Congressional recall?!?
I am a high school economics teacher( 35 years). The stimulus helped me buy my first house( small cottage) in over twenty years with the $7,500.00 tax credit.The house had been in disrepair for years and restoring it provided work for many people and the restored cottage has improved property value in my neighborhood.....Additionally, I feel that my teaching job is still in place because of the stimulus.
When I was a child, my 93 year old Grandfather said that he loved President Franklin Roosevelt, a true Gentleman, because he stepped up to help during a great time of trouble. "Many politicians talk and do nothing," said my Grandfather, " but a true Christian Gentleman takes it as his responsibility to use the resources they have to make the world a better place for their fellow men.'
The stimulus was suppose to bring in an economic boost. It was touted as a shot in the arm. Although I disagreed with it then and I still do. The fact is that we are paying for it, so anyone that that can get it should. The Democrats (So reports the news) are calling the Republicans hypocrites and in there video they are shown getting money from the plan within the last year. They are saying that this money should make jobs. Now they see that the cost has been astronomical and the jobs were not created. We are still losing jobs and it all started when the democrats took over congress. Not the president but congress controls and acts on all these issues. No they are not hypocritical they have seen that this package that was to "break the back of the recession" didn’t it prolonged it. I understand that with 2 wars happening in the last decade we would go into debt but the last year it didn’t grown it explode and we have supposedly spent less for the wars. Iraq needs to be supported still so we don’t have the same thing that happen in Afghanistan which since we just left when the Russian left they felt abandon and that created Al Qaeda. The economy will be used and a reason not to. I fear for our national security.
Reading these responses shows a very interesting trend, the ones that are on the Government dole say the stimulus has helped them, the ones not, have not only not received anything but are also paying for the ones on the dole. This is all about extravagant Government expansion under the ruse of economic stimulus.
Tony Im glad you asked this question because some will say it has helped the economy and some will say it has not! In my opinion I feel that the Recovery Stimulus Act was needed and saved the economy from the brink of diaster and things that needed funding the most were funded and yes even though unemployment is high and alot of jobs were lost alot of jobs were saved in the same way. I admit as a Democrat that the Recovery Stimulus Act could have and should have done more for the country but its something that had to be done at this time last year because throughout the years of 2000-2008 we lived under Republican Leadership and we got involved in two wars and the American people were left behind, we need good leadership Tony in Washington and Republicans and Democrats together are not leading the country the right way!
From Austin, TX. Live local news says a small single engine aircraft hit the building. This is located in NW Austin, along Research Blvd, between SH 360 (Capital of Texas Hwy) and Tx Hwy 1 (Mopac).
KVUE is the local affiliate that is live on TV now.
Report of rescues taking place.
Business building, several businesses being named. being reported as an accident.
I have seen nothing but businesses closing down in our town. Has the stimulus worked? I think not. It has turned out to be a VERY expensive social program that we anf our children will have to pay .......
I wonder if there is a connection between the aircraft crash to federal building and his house burning, connection been if his ouse was o forclosure..which will explain him burning his house and crashing in federal building...what do you think?
Greetings Tony. I really appreciate your news casting. As far as the stimulus affecting my personal status, no. As to indirect affect, yes. Rapid transit construction, highways and by ways it is every where. Just because the money is not dumping directly into personal checking accounts, people think it is all going to wall street. We live in a knee jerk, self gratification, instant gratification, me,me,me society to such an extent, society its self cannot see past the end of their nose with tunnel vision. And many Americans of conservatism expect President Obama to wave his "magic wand" and make everything all hunky dory in an instant, what it took an administration in a down ward spiral eight years to create. Open your eyes America and quit being so selfcentered and selfish. As far as the snow whinners in DC deal with it and check on your neighbors.
Texas doesn't need help. Their economy is booming. What about states that are the highest in unemployment? Where are our projects?
I think it funny that the most stimulus money is going to fund the North American Union super highway. It goes from Mexico City through Texas up to Winnepeg Canada.
It has done absolutely nothing for me or for 305,000,000 other americans. Cheers to the 4 million or so people who caught their lucky government break. You won't have to pay for it...yet.
Tony did a good job. Rick Cherrone is a total jerk. His critical behavior shows he is not a carring human being.
Tony, who the heck were those two retards you had on as guess commentators? They suck! Tiger's speech was right on! Screw whatever anyone else has to say about it!
Mike C from Austin, Texas
I was glad to see on the CNN News this morning that Texas DOT received $250 million in stimulus funds to improve the DFW connector (SR121 & SR114). It’s too bad that my home state’s DOT (NY) can’t be so organized and “shovel ready.” They have been studying improving NYS Route 347 on Long Island for over 40 years. In 1969 the plan was to complete construction by 1978. In the late eighties an $800 thousand study was conducted. The results: traffic was heaviest west bound in the morning and heaviest eastbound at night. The cause of the traffic backups – traffic lights! Since that study they have added – you guessed it – more traffic lights. Construction is still a future event!
Well, considering a LOT of the Stimulous was a HUGE tax rate cut for 95% of Americans, (republicans voted against) made us about $200 a month! (= $1600/mo economic impact!) Thanks Barrack! They're redoing most of Hwy 12, (Nicknamed death highway) instead of mickey-mousing it, as they have for decades. A hassle now, but THANKS Barrack and Dems! Our insurance rates will soon be going down instead of the recent RATE INCREASES, because of Dem's showing republicans to be completely self and corporate-serving shills, immoral and unethical thieves, and hypocrites! Not to mention, anti-American and treasonous political hacks that only worry about their party and their TAX-PAYOR-paid jobs instead of America and her troops first. (They voted against those too!)
Best thing? Raising CAFE (MPG) rates higher than the last 40 years! Cleaner air = less sicknesses = higher profits = more jobs + lower health-care costs, = BETTER economy = MORE JOBS, happier families! Yep- republicans were against THAT too! Oh yeah... Higher MPG? = LESS costs = MORE disposable income = higher economy = MORE jobs!
Now- IMPEACH those Anti-American Supreme Court Justices that want the Corporations, via the US media, to determine our government politicians and laws and regulations. You think the people in Avatar had "corporate" problems? You aint seen nothing yet!
Halliburton paid ZERO taxes with billions in US No-Bid contracts. NOW they can FULLY sponsor ANOTHER president- LEGALLY. Even RUN for US office- as a corporation! Thanks RADICAL Republican CON-servative Judges!
Very interesting to read the mindsets of those out there where the stimulus is concerned.
Government, Industry, Finance, Academic, Military, Media, Religion(spirituality+ethics) and the Peoples eight ingredients for a successful society under proper management from the first seven.
Each like a gene to the forming genome of humanity and while humanity still seen being born the inability to manage at such a small size does not bode well for current leaderships.
Each like an individual brain cell and what we are reading are thoughts put to print Threre are over three hundred million developing brain cells developing within the United States alone.
MEDIA=CNN...growing ears,eyes and voice to the Peoples. Learn to speak without the forked tongue please. A mixture of truths and frabricated truths seen clearly within Media. Caution...
The stimulus hasn't done it for me yet; although I did well on the Census Exam (Jan. 2009)- they have me on hold 'til "The Spring."
BTW its seems to me that the majority of the 'bellyachers' lately have a back-story of being overleveraged and lost mainly due to their own greed.
With a lot of this talk about how much money has not been spent on the stimulus.
Can we talk about the money that was offered to many states/cities/districts that have rejected that stimulus money?
And total that amount to see where that sum could have added to jobs, or other positive things in those area?
Well Josh, you forgot to mention that one million more jobs have been lost and that the unemployment rate is higher now than the day the so-called "stimulus" bill was enacted. Obama keeps saying some jobs have been "saved" but the experts I listen to say there is no way to measure that. If any jobs have actually been created, they are probably within the federal government.
I was hired for a full-time job in the field of Education thanks to the Stimulus money. I am one of the people who benefited from it.
I voted for and continue to support Obama, not just because I got a job from the Stimulus project. The "raging Right" and their media outlets (Fox "news", Rush, Beck, etc.) that appeal to the masses who prefer to be spoon-fed what opinions they should have by charasmatic / angry / loud spokespeople, will make it forever difficult for a Democrat to succeed in office. The extreme bi-partisanship resulting from them will destroy us.
Need to discuss the multiple problems involved with Home Mod plan funded by stimulus pkg. After a year, Treasury Dept. just made Gmac redo thousands of permanent modifications that were due to be in place January 1st. What is this costing to redo...? Manning phone calls of unhappy customers, overnighting paperwork fir second time, etc. Not to mention stress!
I find it amazing that Nevada has the stimulus money to build a tunnel on U.S. 93 North that goes to nowhere. The Tunnel was built to allow Deer to cross the highway safely during migration. This at a tax paying cost of $2 Million Dollars. And it does'nt stop there. The State of Nevada DOT is building approx. 114 miles of steel fencing along side the highway on both sides, from the tunnel to Jackpot, Nevada. The fence is approx. 12 feet high built better than a Bureau of Land management Fence. The fence is with steel post and field fence that the taxpayers are paying for. I have been driving on this highway for 14 years and I have never seen a deer, let alone a dead deer on the side of this road. Nevada Wild Horse Contraception Program, now a Tunnel to nowhere. Thank you Mr. Reid and Mr. Obama for your concern about our safety. Guess I wont need auto insurance ever again.
In my family of baby boomers, two of us became unemployed after the stock market bust, the real estate bubble burst, and the fall of the auto companies.
One brother has found work again, a 'stimulus' job, renovating poverty line housing to be more energy efficient. He had had to take the unemployment payments he had often despised others for taking, and was greatly relieved when the benefits were extended and saved his house.
My brother-in-law is still looking for work, glad that GM is still honoring his pension, but aware the big corporations no longer feel they are required to honor their commitments to employees.
I do believe in the stimulus, I have seen it work in my own family.
Revised Comment on:
Re: Republican Hypocrixy on Stimulus:
Moderation of previous blog:
Re: Republican Hypocricy:
When they viewed the scene of the reported violence they found the victim lying on a table in the center of the room. The evidence indicated multiple assaults. The victim was defenseless against further onslaughts. This aroused their pride in their high level of morality and they were filled with hatred and disgust. The scene violated their deepest and most sacred principles.
Later, when reprimanded for having exploited the situation for their own benefit and pleasure, they responded, "What do you mean? We did nothing wrong. The crime already had been committed. We just did what anybody would do!"
The stimulus has helped my family, our community and our business. We own a subcontracting business in FL and the only work that has been out there the past year has been government work. We are just now seeing private bids again. Plus, the tax credit helped on payroll – every little bit helps. My father has been collecting extended unemployment benefits after the mortgage bust left him unemployed. Our privately-owned, slumlord water utility is being purchased by our county and the FGUA with grants from the stimulus. Upgrades and/or restoration projects at parks and roads all over our state and new or renovated VA hospitals credit the stimulus. I am sure there are also jobs in schools and emergency responders that were saved. Manatee county has used the stimulus wisely to help with their forclosure problems. The food bank on the way to my kids school is getting help. I am looking into a grant for education. We are thankful for the stimulus. And, I would rather pay to help fellow Americans than bail out greedy banks that got us here in the first place.
Now if we can just get Congress to do something about healthcare.
I would very much like to know if what I have heard is true, that the amount of tax NOT collected because of the Bush tax cuts for the rich is equivalent to the budget deficit? I would also like to know if the money allocated by Bush for his wars in Iraq and Afghanistan, and which was NOT in his budget has now been added back into the budget deficit? I don't hear anyone talking about the latter.
Stimulus?! What Stimulus?!! I have a great many friends who although they are entitled to Unemployment Benefits in the state of Wisconsin have not received a single check since they filed more than 3 months ago. There seems to be a LOT of unscrupulous employers who are doing everything they can to deny benefits although they are owed by contesting these UE claims. Those that are not contested are quite simply not being paid out through the state and class action lawsuits are now being pursued! Can this government possibly screw up anymore than they already have? Here is an idea! Lets stop paying ALL politicians and I mean NO CHECKS, NO MONEY until they fix this mess. Maybe that will give them the proper motivation so many of us are already facing because of their idiotic delays in getting the job done!
Well it seems the ONLY people this stimulus has benefited are the bankers, large corporate interests, and the special interests of certain unscrupulous politicians who as always have placed more importance one themselves than the nation. CNN has reported time and again that it is the small businesses of this once great country that are responsible for the majority of jobs created. It is also a fact that they do so with far fewer dollars being required, yet the politicians just don't acknowledge that, are deaf to it or quite frankly don't care about it so long as it benefits their friends in the larger corporations and banks. I personally think the time has come where We The People put a freeze on the politicians pay. Let us all force them to make the personal financial cuts so many of us have had to make and decide whether their kids get to eat or they can make their mortgage payments. This money should have made its way to the small business owners in the same manner it was so freely given to the banks and corporations who put us in this position in the first place. At least then there would be far more Americans employed in new jobs rather than the brainless excuses we are hearing now.
its kept my lights on, gas on, food on table etc by extending unemployment. I feel hopeful and confindent that things will get better with each day that passes.
How could anyone and I mean anyone fix the problems of this economy brought on over the last 8 years by the Bush wrecking crew!! No matter who was president McCain me you Ali nobody could fix this mess. Why did we bail out failed companies and Wall St?? Because we have a corrupt 2 party system and thousands of lobbyists who dictate to everyone else what future policy will be!! When people ask me what to do to correct the problem I say "abolish lobbyists and set a 2 term limit to keep corrupt politicians in check not career congressmen who are swayed each and everyday by special interests!! We can start there and put back the regulations the republicans have taken away over the last 30 years which brought this situation upon the American middle class. Not the poor not the rich but the American middle class who pays for everything in this country!
Ali, you are reporting about Dick Cheney and his heart attack. I have a question for regarding thi......... WHO CARES?! I had a heart attack a couple of weeks ago and I did not hear about it on CNN. Who is he that he deserves such special acknowledgment. When he left office he became a private citizen just like the rest of us. So I challenge CNN to report on only those things that truly effects the Country..... you know like important things and not the nonsense like Cheney's medical condition.
Out law lobbyists,legal bribery.
I have to say it over and over again. The legal bribery of lobbying is the biggest problem in our government.
Please remind Babe Buchanan, on the issue of Dem competence in "creating jobs" that her prior Rep. administration LOST millions of jobs during the end of the Bush era....people have such short memories and distort history.
When dealing with what's wrong with our economy and our government, everyone (including yourself) is evading the "fourth rail of politics"... the reversal of the wealth distribution that has occurred over the past 30 years. Beginning with Reagan Economics and the trickle down philosophy, the wealth of our country has filtered to the top 10% while the middle class has seen their wealth shrink annually. In a capitalist society, people need capital to spend. Where there is no capital there is no capitalism. Where's the trickle down?
Our elected officials protect only one group people, the wealthy!
I enjoyed your newsroom as always. I like the thoughts from the CEO of Google. It would be nice if we could do some of his ideas. It would be nice if we could track that stimulus money. I know the government is doing it. But how accurate is the government numbers? They don't have the tools or the time to do a accurate job... You have a nice twist to your show. Keep it up... Thank you, I'm from Minnesota.....
Your discussion dances around the fundamental constitutional issues. I teach government and I have served in state government at the cabinet level.
Government is not designed to function like business. Business has no popularly elected leader. The Google board has a unified purpose. Congress is divided between parties and they have a oversight duties as a part of the checks & balances. Failure of a program is subject to the oversight and works to the political advantage of one party or the other.
Google gets no tax payer funds. It is not subject to the freedom of information on their failures. The Bill of rights applies to government and the employees not to Google. All these make our government the best but not efficient. The drafter of the constitution created 3 equal branches. Power is not vested in a single leader but in 3 leaders. No company could compete efficiently with 3 equal leaders all selected in a different manner without a unified vision. This leads to compromise in a good political environment and stagnation during times of hyper-partisanship.
Our constitution is our human rights blessing but our constitution is our efficiency curse. I am not sure that efficiency is the top goal of government.
You hit on an important point there Ronald. Government is adminisration to the physical needs of the Peoples. Industry is administration to the supply and demand of the Peoples. Finance is administration to the financial needs of the Peoples. Each has a separate function but all must work it together within a body of Peoples to ensure the wellness and betterment of the Peoples. Government has no business in Industry and Industry has no business in Government yet we see both hands in each others platedo we not.
um nothing for sure... we have a morgage underwater, our second morgage is now in a new corps hands, and we cant get either a loan to pay off the second morgage and our health care bills for my now in remission cancer.. or sell it at the price the bank tells us we must.
The same banks who PUT our morgage underwater by loaning to those who couldnt pay,, and then reposessing and dumping them on the market for 1/8th the value.
I want to walk away but my husband feels morally obligated to pay like the working poor slave he is.
Wheres our bail out? Husband is an Iraq war vet btw.. and we have never filed for bankruptcy or used any kind of gov entitlement program of any kind... why cant we get a break? Sick of it in Indiana
I would love to see shows like yours explore new ideas on things from outside and then present those ideas to those in power to get their response to those ideas. It is nearly impossible to get new ideas through to those in power but if you could explore them and present them then they might actually have some impact on our lives.
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