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Thursday, January 29, 2009

a little narrative

President Barack Obama has proposed an economic stimulus package of about 800 billion dollars in hopes of boosting the current state of the economy. Many republicans (none of which voted for this to be passed) would have chosen a different road, tax cuts for the top 3% of the wealthy. The republican suggestion plays a role in the larger narrative of the American Dream. If we give the wealthy tax cuts, they will buy more homes and luxuries items which boots the economy and contributes to their capitalist lifestyle. However, Democrats have been following a different set of values. Tax cuts to the wealthy does not provide the most good for the largest number of people. It would be better if they tried a new plan, one that hasn't gotten us in the current recession we are in. A new plan will motivate people and large companies because new jobs will be created and more money will be pushed into the economy. Obama has been vigorously trying to get support. He claims that there is not a moment to spare. We need to get the ball rolling. With over 505,000 American jobs lost last month alone, Obama feels the pressure and the need for an economic hero at this point. We are all looking to him to make the change he promised. Hopefully we can put our partisanship aside in order to allow this to happen.

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