I think some kind ot stimulus may be needed, but not sure about that size --- $500 billion to $1 trillion seems HUGE!

I am more concerned about what FORM the package might take. Personally, I dislike these cash-giveaway rebates where the government just mails out checks. That seems stupid. I guess the idea is that it provides a more immediate shot in the arm than other forms of spending. But as long as we are going to be borrowing the money, we should use it in a way that creates jobs here and in which we get an actual thing of value out of the deal, like infrastructure. Rather than just cutting checks to everyone, if we used an equivalent amount of money to build or fix roads, bridges, schools and hospitals, the money would still go into the economy, but it would be spent in a way that would definitely creat American jobs, and we would also get those roads, bridges, schools and hospitals. If we just mail out checks, that money is far more likely to just go to consumer goods that stand a very good chance of being made in other countries --- it is not guaranteed to create jobs here, and there is no great lasting benefit to this country. I'd rather get a new bridge than for everyone to get a new Wii.
dragonrider Reviewed by dragonrider on . Future stimulus package A few days ago, the Chinese government unveiled a stimulus package amounting to $586 billion. The reasoning behind it is that there are many projections for a global slowdown in production for the world largest economies. In doing so, the package will provide money for health care, infrastructure, and education. Some info: China stimulus package Our current bailout plan has been restructured a bit, which is not on its own accord shocking, as they are virtually creating the theory as Rating: 5