02-13-2009, 05:47 PM
<!--quoteo(post=17866:date=Feb 13 2009, 03:40 PM:name=rok)-->QUOTE (rok @ Feb 13 2009, 03:40 PM) <{POST_SNAPBACK}><!--quotec-->My main problem with this entire idea of stimulus is that it will take 2-3 years before any actual jobs will be created. Getting the TARP plan right is still my biggest concern at the moment, because whether people want to accept it or not, the economy lives and dies with the banking system. A sick banking system and overly levered financial industry led us into this mess. You fix that, and everything else falls into place: real estate, consumer confidence, and small business activity. I see the stimulus as mostly an added bonus to the TARP. The main focus shouldn't be on the stimulus IMO, and once again the media and politicians have it wrong.<!--QuoteEnd--><!--QuoteEEnd-->
But they are working on TARP. Apparently not doing a very good job, but they got at least 700 billion, and my guess is that they will get more. Probably more than the stimulus.
And I thought that many of the infrastructure programs in the stimulus bill could be creating jobs in as little as 3 months?
But they are working on TARP. Apparently not doing a very good job, but they got at least 700 billion, and my guess is that they will get more. Probably more than the stimulus.
And I thought that many of the infrastructure programs in the stimulus bill could be creating jobs in as little as 3 months?
I wish that I believed in Fate. I wish I didn't sleep so late. I used to be carried in the arms of cheerleaders.