The article is from the NYTimes by Monica Davey. The article is States and Cities in Scramble for Stimulus Cash. The article is about all the big states and little state make wish list and hopes to have some of the money for the Obama Stimulus package. Which is 510 million dollar and the hope of more jobs. The stimulus is also going to bring more money the US roads.
The Stimulus article is for all who want more jobs and to inform the people how much the stimulus package is going to cost and were the money will be going. The basis arguement is why so much money, where will it go, and who is going to get the money. The money is going everywhere. But should it? Should the government spend so much money? She believe not but the Stimulus was passed and is going to effect the US really soon. And are we ready for the effect that it will have in the end has a result of the Stimulus?
Tuesday, February 17, 2009
Monday, February 16, 2009
Assignment #3 D.Feaster
In the article Trade-Offs in the Stimulus Package written by Madison Power talks about the future plans for the stimulus package. The article was written for the CQ politics on February 4, 2009, the author states that their are two different significance in the debate. The first talks about the trade-off and how we want to get the $1 trillion dollars package to help get the economy back on track. Powers states in the article that "On the other hand, we want our policies to be fair or equitable." meaning that doing the time of the trade-off we want to be treated fair when it comes to the economy. Powers mentions the infrastructure of estimated effects as high or higher than many other likely infrastructure investments. Right now the economy is in a rough state and I do believe that it will get better in some time.
Sunday, February 15, 2009
Assignment #3 VMoore
In the article Trade-Offs in the Stimulus Package by Madison Powers seen in CQ Politics, Powers discusses the factors of the stimulus package. He tells that there are competing sides that we have to choose between. The first of these is fairness and efficiency. With the economy in the downward slope that it is currently in, we want to get the best possible economic outcome from government spending. The problem with this is that many Americans wouldn't be able to handle a dramatic change in the economy. The government has to decide if they want to invest in a fast recovery to the economy that many people could not withstand, or a gradual change that we are unsure how long it will take. The second trade-off that Powers talks about is between infrastructures and economic activities. Many Republicans think that we should continue to build to help stimulate the economy. While Democrats often argue that we need more long term policies that will have a lasting social impact.
Personally I think we need a mixture of all of these things. The government does need to invest in infrastructures and other spending that will immediately start change in our economy. At the same time, some money should be put towards the future. Everyone needs to think in short and long terms.
Personally I think we need a mixture of all of these things. The government does need to invest in infrastructures and other spending that will immediately start change in our economy. At the same time, some money should be put towards the future. Everyone needs to think in short and long terms.
Assignment #3 areid
The article this week iediscussing the stimulus package and "multiple trade-offs that have to be factored into the decision making" for the US. The author talks of two types packages that are up for debate by the author. The first debatable issue is equality-efficancy tradeoffs while the second to find the balance between infrastructure and other activities that also stimulate growth.
The autor writes on this topc because he is trying to show the reader what the government will need to do and the way of things that the government can deal with the one trillion dollar debt. The author also talks about like the first two blogs about to be patient with the tasks that the government has to tackle. The author tells the governament to think small even though thinkig large might it easier to solve the prablems.
The autor writes on this topc because he is trying to show the reader what the government will need to do and the way of things that the government can deal with the one trillion dollar debt. The author also talks about like the first two blogs about to be patient with the tasks that the government has to tackle. The author tells the governament to think small even though thinkig large might it easier to solve the prablems.
Assignment 3 J. Williams
In the article, Trade Offs in the Stimuls Package, Madison Powers discusses the tradeoffs that were made for this stimuls package to be passed. One trade off-equity efficiency aims to try and increase our spending to maximize our economic activity per dollar. Madison talks about being Keynesians-the idea that the state should stimulate economic growth and improve the stability in the private sector,a policy with which i would agree with.
Powers also speaks of how the package will help rebuild our infrastructure by creating more jobs. My question is where how does South Carolina fit into these stimulus package? As one of the states with the highest unemployment rate, what will this package to do help that. Also how much of these money would go towards education? With teachers salaries already being cut, how are Americas young peopleexpected to get a quality education if there are not enough quality teachers?
Powers also speaks of how the package will help rebuild our infrastructure by creating more jobs. My question is where how does South Carolina fit into these stimulus package? As one of the states with the highest unemployment rate, what will this package to do help that. Also how much of these money would go towards education? With teachers salaries already being cut, how are Americas young peopleexpected to get a quality education if there are not enough quality teachers?
Assignment #3- - A. Oliver
In the article, "The Trade-Offs in the Stimulus Package" posted on CQpolitics.com by the author Madison Powers, the trade offs between the short term and long term are discussed. They consider short term as an efficiency problem and the long term as an infrastructure problem; the thought process behind this comes from the general question of how to quickly choose the correct things to do in this situation.
We must solve the immediate crisis first, we have no say in if we will do it or not, only how we will accomplish it. Now, what we do have to think about is what to invest in and what is the best way to do it; he called this 'bang for your buck' vs 'infasctruture'. Obviously, if we get tunnel vision on specifically the short term the problem will only repeat itself, because the problem has to do with the system. If you wake up, the water on the counter is boiling, the wax on your nightstand is dripping and you feel hot, what problem should you fix first? You more than likely guessed it, none of them, the house is on fire. This metaphor directly relates with what Madison is saying. If we hand out money to everyone, it will do nothing but fix the boiling water. If we start building buildings arbitrarily, it will merely fix the wax dripping onto the floor. If we dump all the water in Lake Wylie onto the house to put it out, we have wasted far too many resources that we can afford to give; I'm sure you get what I'm saying at this point. We must take a step back, assess the situation and understand how to put out the burning house entirely and efficiently without being distracted by the immediate problems that belly the real problems at hand.
We must solve the immediate crisis first, we have no say in if we will do it or not, only how we will accomplish it. Now, what we do have to think about is what to invest in and what is the best way to do it; he called this 'bang for your buck' vs 'infasctruture'. Obviously, if we get tunnel vision on specifically the short term the problem will only repeat itself, because the problem has to do with the system. If you wake up, the water on the counter is boiling, the wax on your nightstand is dripping and you feel hot, what problem should you fix first? You more than likely guessed it, none of them, the house is on fire. This metaphor directly relates with what Madison is saying. If we hand out money to everyone, it will do nothing but fix the boiling water. If we start building buildings arbitrarily, it will merely fix the wax dripping onto the floor. If we dump all the water in Lake Wylie onto the house to put it out, we have wasted far too many resources that we can afford to give; I'm sure you get what I'm saying at this point. We must take a step back, assess the situation and understand how to put out the burning house entirely and efficiently without being distracted by the immediate problems that belly the real problems at hand.
Assignment #3 SGrich
In the online article, Trade-Offs in the Stimulus Package, Madison Powers discusses the equity-efficiency trade-off and the capital-consumer goods trade off. To start I feel the balance of equity and efficiency should be balanced. Fairness in this stimulus package should be split right down the middle with efficiency.
Secondly, the columist speaks about the infrastructure and other components. In this trade-off the focus should be mainly on producing capital goods here in the U.S. which is infrastructure. This would create many more jobs and make America that powerful nation we once were. In contrast, the consumer goods would get less attention and would lower our standard of living, but we need our focus to be on capital and I feel in the long term it will turn this situation around.
Secondly, the columist speaks about the infrastructure and other components. In this trade-off the focus should be mainly on producing capital goods here in the U.S. which is infrastructure. This would create many more jobs and make America that powerful nation we once were. In contrast, the consumer goods would get less attention and would lower our standard of living, but we need our focus to be on capital and I feel in the long term it will turn this situation around.
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