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American Recovery and Reinvestment Act of 2009 (view source)
Revision as of 21:47, March 20, 2009
, 21:47, March 20, 2009RFC
Conservatives complain that it is mostly spending to promote long-standing liberal causes.
Conservatives complain that it is mostly spending to promote long-standing liberal causes.
:"The plan is primarily designed not to stimulate the economy, but the size and scope of government. More citizens will be dependent upon government largesse. This empowers the Democratic Party and its liberal elite." [http://www.washingtontimes.com/news/2009/feb/15/the-peron-pattern/]
:"The plan is primarily designed not to stimulate the economy, but the size and scope of government. More citizens will be dependent upon government largesse. This empowers the Democratic Party and its liberal elite." [http://www.washingtontimes.com/news/2009/feb/15/the-peron-pattern/]
In many ways the stimulus program resembled the [[Reconstruction Finance Corporation]] set up by [[Herbert Hoover]] and Congress in 1932 to deal with the [[Great Depression]]. Both were very large programs created to reverse a downward economic spiral by making loans to major financial corporations and other key sectors, as well as grants to cities and states, all designed to stimulate public spending to replace the freeze on spending and loaning by consumers and businesses.
==Provisions==
==Provisions==