Thursday, February 12, 2009

Stimulus breakdown

Here's the latest breakdown for Connecticut in terms of what the federal economic stimulus package does:

It aims to provide or save 41,000 jobs over the next two years.
It provides a tax cut of up to $800 for 1.3 million workers and their families.
It has a college tax credit of $2,500 for four years.
Offers an additional $100 per month inunemployment insurance benefits to the 278,000 residents now out of work.
And provides funding to modernize at least 80 schools.

The state will now receive $2.8 billion in federal stimulus money, slightly higher than the $2.1 billion the governor had used in her budget proposal.

It's far from an immediate fix and the results, unclear as they may be now, will not be immediate. It is a start, however.

2 Comments:

Blogger dweeb said...

I'd like to think the most important point you've made (because I agree with it) is that this is a start.

There's so much paralysis by analysis in every facet of what we do. If I can keep you from taking an action because of your fear of unspecified future repercussions. I'm absolved of any responsibility for doing anything at all.

It's more ruinous than unintended consequences, as there was no action to begin with.

I fear that's why we're still seeing so much, in DC and in Hartford, of the finger pointing blame game--because searching for the guilty keeps all of us from accepting we each have a role in fixing things. We need to continue to work to overcome that fear.

A new day begins with 'yes'. As it turns out, we 'no' nothing too often.

7:20 PM  
Blogger mccommas said...

Clearly this is a spending bill, not a stimulus bill. Every single wish every Democrat ever had for this or that from the federal government is in this bill. No one has person has read this bill. The only way it will work is by accident.

This is why Obama wanted Republican support. He wants to hide behind their skirts when the 2010 elections come around. The GOP didn't buy it. Good for them.

Obama suspects it is going to fail. Obama wanted this spending bill for different reasons. Obama is gambling that things will pick up on their own so he can take credit for it.

How we are gong to pay for this spending orgy no one knows.

One thing you don't mention Mr. Hackett is that this Obamanation gives people who don't even pay taxes a “tax break”. As Obama astutely observed while sitting at his desk talking to Republicans in the Oval Office ‘he won’.

Yeah. No kidding. Fine. He won. But please don’t call welfare a tax break. Such wordsmithing is a slap in the face to every working, taxpaying American.

Another thing you don’t mention is that Republicans were locked out of the conference committee. So much for the new era of bipartisanship…

Another thing you fail to mention is that Speaker Janet Pelosi promised to post the bill on the internet 48 hours before the vote so the American people could examine it. Pelosi welshed on that promise without so much as a peep from the MSM.

Another thing you didn’t mention was that 8 principled Democrats voted against passage and that our congressman was not among them. Funny that you boy voted against a much smaller one BEFORE the election and voted for a much bigger one AFTER the election. Seems a bit inconsistent; don’t you think?

8:32 PM  

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