Stimulus Package: Basic Economics

Here's a run down of President's Obama's stimulus package, try and keep up...

According to Stock Trading To Go.com there are four main targets:

1. Infrastructure (roads, schools) 39%

2.State relief (medicaid) 13%

3.Struggling citizens (unemployment in states) 12%

4.Tax cuts( individuals and businesses) 36%

The plan is to essentially bail out these four areas by pumping billions ( roughly $825) into the economy to get things going again. The catch? According to economists, its passing means that the country is doomed to an enormous amount of debt in the future. Think of the stimulus package as creatine. It's use is to help boost your protein to make you bigger, and/or stronger, but it sucks ass the water out of you, leaving you dehydrated if not taken properly.

It's seen as a method to "stop the bleeding" so too speak, with the unemployment rate at 10.6 percent, the stimulus package is used as a short-term tool that will in hopes give off long term relief.

You can't give everyone a super bonus, but those who have will spend ( i.e. supply and demand) which will create a demand which will in turn to lead to more jobs, and so on and so forth.

http://www.youtube.com/watch?v=byLZ3J9wRLI