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February 10, 2009

Americans for Prosperity

Americans for Prosperity is a campaigning group arguing that the stimulus package should not be passed. Their argument is that, as Americans for Prosperity say, that spending near $900 billion will make the country poorer in the long run. They might even be correct about that too:

On behalf of the members of Americans for Prosperity, I am writing to urge you to vote against the so-called American Recovery and Reinvestment Act. Congress should not enact an expensive spending bill under the pretense of stimulus or recovery. No matter which amendments pass, the fundamental approach of dramatically increasing federal debt and spending is a mistake. We therefore urge you to vote NO and will rate a vote against the so-called stimulus as a Key Vote for Prosperity in our Congressional ratings.

That's part of the letter that Americans for Prosperity have been sending out around the country. They reall, really, do not want the stimulus bill to pass and as a minor league economist myself I can see what they mean. Even if a Keynesian stimulus is indeed what the country needs now, the morass of a bill that is in Congress ain't even that.

A conservative group called "Americans For Prosperity" has started a petition against the stimulus package that became so popular, it crashed their website in recent days. (The site has since gone back up.)

Here's some more news about their plans:

Americans for Prosperity, small government advocacy group, has circulated a “No Stimulus Plan” petition. It is a document that has become increasingly popular online.

The petition’s popularity rose the day after President Obama took to the airwaves to advocate for it, and on the day that the Senate is expected to approve their version of the economic stimulus plan--set to cost some $838 billion.

In response, Americans for Prosperity launched a new website for the petition called Nostimulus.com, which allows those who oppose the stimulus measure--and, according to recent polls, that is about 43 percent of all Americans--to voice their concerns and objections.

The petition reads that “Congress should not enact an expensive spending bill under the pretense of stimulus or recovery. We cannot spend our way to prosperity, and such an expansion of the federal government will put a crushing burden on taxpayers in the long-term.”

Americans for Prosperity’s objections to the plan include: claims that “only 3.6% of the scheme’s $825 billion price tag would actually go to real, practical infrastructure projects--roads and bridges; that the Congressional Budget Office has said the plan would actually hurt the economy; and last, that the plan would represent “the first steps towards the socialization and government-mandated rationing of health care.”

It is indeed true that the stimulus plan reads more like a wish list of every leftist in hte country, rather than an actually well crafted stimulus for the economy.

Americans for Prosperity’s No Stimulus petition (nostimulus.com) is a petition website against the Obama Stimulus Package! Sign the Americans for Prosperity No Stimulus’s nostimulus.com petition.

That's what's at the center of it all. Just don't spend the money.

February 10, 2009 in Politics | Permalink

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Comments

No Stimulus Petition full video on CNN-LIVE: video of day on cnn

Posted by: denver | Feb 10, 2009 9:52:52 PM

Whatever the outcome.. I hope it would be for the benefit of the people.. The stimulus package has its own advantages and disadvantages.. Hope that the Congress will closely look into these factors first, putting the people on top of their priorities, before they finally make a decision..

Posted by: News Review | Feb 11, 2009 2:44:10 AM

Whatever the outcome.. I hope it would be for the benefit of the people.. The stimulus package has its own advantages and disadvantages.. Hope that the Congress will closely look into these factors first, putting the people on top of their priorities, before they finally make a decision..

Posted by: News Review | Feb 11, 2009 2:44:12 AM