Monday, January 26, 2009

? Stimulus Package (spending) ?

I lifted this information on Mr. Obama’s stimulus package this morning. These numbers caused my some very deep questions.

1) The $825 billion bill would dump $6,700 of new debt per household into the laps of our children and grandchildren. (Do I really want my grandchildren and possibly my great-grandchildren paying this debt?)

2) Under the stimulus, new groups of children and adults would be eligible for Medicaid, the welfare program for the poor, and free family planning services. These expansions are on top of spending $89 billion to bailout out failing state Medicaid programs. (New groups? When I see all the varied groups who are eligible now. Do we really need more? Where will they come from?)

3) President Obama anticipates that spending over $800 billion will create 3.7 million new jobs. That means each job will cost more than $200,000, which is roughly equivalent to 5 times what the average American worker earns! (I am very sorry, could or would someone try to make some reason of these numbers for me?)
Also in Congress this week is the
SCHIP bill that would essentially allow states to cover children of any income level, and even some adults and immigrants. This bill and the Medicaid expansions found in the economic stimulus package are moving the country closer to the tipping point where government will control more health care spending than the private sector, giving individuals and families less freedom over their personal health care decisions. (Cover children of any income level, and even some adults and immigrants. Are they any more that are not now covered? What areas have we already missed?)

Here is the link to original article; http://www.askheritage.org/

One who is confused is passing this way, me;
Mervi

No comments: