Left In Alabama

Where in the world is the stimulus

by: Ray Sivley

Thu Jul 02, 2009 at 21:21:53 PM CDT


While the world is focused on the death of Micheal Jackson, I am seeing financial figures that are just plain scary and the mainstream media will not call out President Obama about these things. The June unemployment figures have been released. 467,000 jobs have been lost in June. The unemployment rate is at 9.5%, the highest since August 1983. I was 6 years old!!!! Unemployment benefits are being paid to 614,000 folks in June. By the end of the year, unemployment will reach 10 percent, according to the median forecast of economists surveyed last month. The world’s largest economy has lost about 6.5 million jobs since the recession began in December 2007. That’s the biggest drop in any post-World War II economic slump. What got us out of the Great Depression?? Ohh yeah..World War II. I forget to thank Hitler for that. I am sorry, but the main stream media should be asking the same thing I am. Where in the world did the stimulus go?

Information used for this blog was provided by:

bloomberg.com

 

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Ray Sivley :: Where in the world is the stimulus
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The stimulus is rolling! (4.00 / 2)

Riley has it out.

http://governorpress.alabama.gov/pr/pr-2009-06-30-01-weatherization.asp

http://www.adeca.alabama.gov/C1/Recent%20News%20Releases/default.aspx

http://www.adeca.alabama.gov/C5/Stimulus/default.aspx

Bright is handing it out.

http://www.bright.house.gov/index.php?option=com_content&task=view&id=88&Itemid=56

http://www.bright.house.gov/index.php?option=com_content&task=view&id=112&Itemid=75

http://www.bright.house.gov/index.php?option=com_content&task=view&id=116&Itemid=1

Obama is putting it out.

http://www.whitehouse.gov/#TB_inline?height=220&width=370&inlineId=tb_external&linkId=3

It is estimated that on average 40% of State budgets today are funded by stimulus money. Without that money in the system today, can you imagine the shambles our economy and government structure and business would be in today?

And if you are working, did you not notice a little extra on your check as your contribution to withholding (7.5%) was given back? Unemployment was increased and extended. Even Social Security recipients got an increase! It's all stimulus!



WOW? (0.00 / 0)
Everyone is handing it out huh? It went from the federal govt to the state govt to the local govt? Have I got it right so far? As for the extra withholding taxes I get..Tell the President he can have mine back. I live within my means..that 10 bucks is not going to break me..OR I HAVE BIGGER ISSUES TO RESOLVE!!!! At what point does business figure into Mr. Obama's equation? He has bailed out the auto industry, the insurance industry and the banking industry. How many "small businesses" have gotten a direct check from the govt in order to not close so they can meet payroll and thus meet the agreement they made with the now 6.5 million people they could not pay, and said "I'm sorry, but I am letting you go, this is your last day, thank you for your hard work"? How does that protect there dignity? I wait for your answer

Your integrity will affect your destiny; don't leave home without it -Clarence E. Hodges  

The Small Business Check? (0.00 / 0)

That comes from the people who didn't lose their job or got hired to do a stimulus job. City workers, County workers, State workers, teachers, police, firemen, contractors and employees in all 50 states.

Of course, "a closed mind is a bar to any argument."

Could you send me your $10? I can feed my family for a day, or drive a 100 miles on that, and when I buy my food or gas or car repair, I'm putting food on someone elses table.

Last year, we were looking at an economic meltdown, banks and finances screeching to a halt. No payroll loans, no checks, no money!

25% unemployment. It would be a different world today. We wouldn't be arguing about how socialist we are drifting. We would be wondering how Socialist we wanted to be!



Better save that $10 (0.00 / 0)
The tax rate has not been lowered, just the amount withheld. Bottom line is you will owe the feds that $10 come 4/15/2010.

All that is necessary for the triumph of evil is that good men do nothing.
Edmund Burke


[ Parent ]
Taxed? (0.00 / 0)

This is "The Making Work Pay Tax Credit."

The truth is: on next years tax filing you will have a credit due you for your eligible amount, in most cases already credited to you in the new withholding tables, which makes it an early refund now.

If you opted out or your employer doesn't withhold or you are self-employed, you can get the amount in a refund or as a credit to your taxes owed. 

http://www.irs.gov/newsroom/article/0,,id=204447,00.html



[ Parent ]
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