Summery:
The Obama’s Stimulus Package is a plan that will recover the “State of Crises” in our Economy. This is call American Recovery and Reinvestment Plan. This is a plan that will create jobs for middle class, and also assist the state to increase its yearly revenue. The plan is to have 40% of the stimulus bill go to tax break for middle wage worker. Not only that, but t will also create “Green” job for the people. Obama is planning to create more jobs and also contribute to decrease Global Warming. With the package, State can now increase their revenue, so they don’t have to lay off workers or cut spending on critical safety-net programs. However, as good the Package sound, there are some that disagree with the plan. Senate Minority Leader Mitch McConnell felt that the attempt to put a quick relief on economic should not be rushes. "I believe the taxpayers deserve to know a lot more about where it will be spent before we consider passing it," he said. Not only the congress man feel the stimulus package is not a good idea, but also some Economic Professor feels the same way. New York University Economics Professor Nouriel Roubini has explained that failure to enact a fiscal stimulus could actually result in wider deficits, which would send the country into a "very severe recession."

Source: http://www.huffingtonpost.com/the-progress-report/obamas-stimulus- package_b_155279.html

Personal comment:
I personally believe that Obama’s Stimulus Package is not a solution for solving our economic problem. Because by spending more, we only provide temporary solution. In fact it will worsen our Economic system. This is the time when we stop spending, and start focusing on the problem. We should start by paying off dept and cut government spending. Once the problem is fixed, then our economic will slowly revise its self. So, by stimulus the Economy will not help the citizen of the United States, but harm them in a very harsh way.