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I have some concerns about the proposed plan by the Obama team. While I agree that many projects  that they are proposing are useful, I have serious doubt how it will impact the USA economy, unless certain limitations/regulations/restrictions are put in place.

I don't have the time to point it all out but will give some examples.

-Obama wants to set up a national database of all residents where all their medical records are kept. If this is offered to a private company the restriction should be that it only can be done in the USA and not outsourced to India ,what would be the first thing a private company would do to maximize the profits.I don't know if the ACLU can live with this plan either .It looks to me worse than the tapping of international Alkeida calls/e'mails where the Libs had so much problems with.

-Obama wants to upgrade our utilities and that is a good idea.The problem is that this for a large part requires , lots of labor and qualified technicians working outside in hot or cold weather.Where do we find the people to do that.Most likely in Mexico.Most workers in the USA ,can't or don't want to do this work with their often unutilized college degrees. Maybe he plans  to open the prisons like Stalin did to upgrade the Soviet infrastructure.

The key is that before they make any decision, study the impact and make sure that we have indeed the resources other than borrowed,freshly printed dollars .Maybe for some of these project we have to set up vocational schools first ,and train the workers to do these projects.

I am open minded and welcome your opinion.

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4 Comments on Obama's Economic recovery plan - A possible resolution

JAN
31
397,757 Points 9 Featured Posts Localism Sponsor Outside Blog

Everard:  Seems to me that no President has really worked for the American public in a long time.  They seem much more concerned with helping out the businesses that made huge campaign contributions, or lobby them.  I have serious doubts about a lot of these plans, but I've also learned the most important elections are those held locally.  The local economy is far important in people's lives.

Only time will tell with our new President. 

9:43am • #1

You are right about the real impact of the Recovery Plan and it now gets discussed on all radio and TV stations.I hope that the senators take the time to do the right thing.They are supposed to be the elder statesmen ,with more experience and wisdom.Lets see if that is true.

If you don't like the outcome I have some very nice properties for sale in Belize ,Dubai and Mexico where you can wait it out for a few years.

8:02pm • #2
FEB
01

This was my personal idea for the economic stimulus plan, one that i've seen others mention now as well. Take a look.

My Economic Stimulus Plan Idea

i welcome comments

12:59pm • #3
FEB
07
223,848 Points 1 Featured Post

It will be interesting to see of Obama stays true to his far left supporters or caves to the crony-ism of DC

7:13am • #4

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