Friday, February 27, 2009

"they just don't get it!!"

The article calls out the Republican Party for the actions they have committed during the economic recession. The article states that the Republicans are too into an ideological warfare than actually trying to get the country back on track. In a poll taken by New York Times and CBS News, 63% of the polled said that Republicans were against the stimulus package because of the political views instead of whether it would help the country. If states changed a few policies then they can receive federal aid, but Governors believe that they will lead to direct state taxes.
I think this article is very opinionated with not much input from the other side of the story. I can tell that the article is very anti-Republican and an attack against Governor Bobby Jindal for rejecting some of the stimulus money to help the unemployed in Louisiana. It also seems like the person who wrote the article is from the North claiming that states from the South still have not entered the 21st century. The article is very narrow-minded about writing the whole truth and changed the facts around to make the Republican Party seem like they are bad. There were many reasons for why the Governors of the South rejected some of the stimulus package, but it was not mentioned in the article.

http://www.nytimes.com/2009/02/24/opinion/24tue1.html?_r=1&scp=1&sq=what%20part%20of%20stimulus%20they%20dont%20get%20it&st=cse

Friday, February 13, 2009

Stimulus means big boost for some industries

As most of us have heard about the stimuli package being passed by the congress, well this article actually shows who will be the benefiting from it. Industries such as: Constructions, homebuilders, alternative energy, and automakers. The constructions industry will benefit in two ways, one by hiring people back who were laid off and the other is by putting billions of dollars into new bridges, roads, ports and etc. In homebuilder industry, homebuyers are expected to get 10% tax credit of their house value for up to 15,000.  Alternative energy is given lots of funds for improving its alternative energy products and increase efficiencies in buildings. In this, $14.4 billion is given to government energy efficiency and renewable-energy programs, $4.5 billion for a smart electricity grid, and $2.9 billion to weatherize modest-income.  In Automakers industry, the cost of new cars will be cut and due to this the interest payment and sales tax will be tax-deductible. It looks like due to this stimulus, not just industries, but even we will be benefiting from it. This will be a great opportunities for new jobs and also for employees who were laid off.

http://www.heraldextra.com/content/view/299237/