November 6th, 2008
11:51 AM ET

Stimulus package II. Why?

Drew Griffin | BIO
CNN Investigative Correspondent

I just paid less than 2 bucks a gallon for gas. In my world, that's about 20 bucks a week or 80 bucks a month. No government involvement, no government workers mailing government printed checks, no government wasted time deciding who gets and doesn't get the government printed checks.

And after I filled up, hopped in my car and flipped on CNN (yes on satellite radio. I'm a news junkie) I hear about another push for another stimulus package we can't afford.


Isn't the drop in gas prices giving us a market driven stimulus package? Didn't the last stimulus package do little, if anything, to stimulate the economy? Didn't voters make clear that run-away spending is one reason we wanted change?

I'd be more stimulated if congress actually stopped handing out money it will eventually have to take back.

Filed under: Bailout Turmoil • Gas Prices • Oil • Raw Politics
soundoff (61 Responses)
  1. ralicea

    How can you consider lower gas prices a stimulus to the economy. These gas prices are sure to go right back up, OPEC is bent on starving us by decreasing production. Until the country decides to move from an oil-based economy to a alternative fuel economy, we will continue to suffer. Also, those of you who were born with wealth and had the opportunity to go to school and land a good paying job, good for you, but most of us didn't have it that easy. So if you don't want the stimulus check, feel free to pass it on to those who aren't as fortunate as you.

    November 7, 2008 at 9:55 am |
  2. Marie

    Its just the begining of the spending binge Nancy Pelosi has planned with tax payer dollars. Everyone hold on to your wallets its going to be a long 4years.

    November 6, 2008 at 10:41 pm |
  3. Annie Kate

    Another stimulus package? I don't think the first one stimulated much although I used mine to fix the car that broke the day the check arrived in the mail. If I got another stimulus package I would probably spend it on Christmas or on some bill sitting on my desk. To do much good the stimulus checks are going to have to be much larger than the first one and that just puts the country deeper into debt – and we don't need that. The more we owe the more interest we are paying on that debt. As a nation we simply cannot afford to continue to operate this way.

    Annie Kate
    Birmingham AL

    November 6, 2008 at 9:50 pm |
  4. Pissed

    Responding the Cindy from GA!! Who is "they"? The stimulus package help a lot of people but of course the sour mouth ones are the one who is griping on this post about it b/c they didn't get it.

    I am sure if you all were one of the ones who got a stimulus then this forum would be a lost shorter. Can't knock something you know nothing about.

    Obama 08" YES WE DID!!!

    November 6, 2008 at 6:19 pm |
  5. Joy in Seattle

    I was against the first stimulus package which didn't fix anything.
    I was against the bank bailout which did not fix anything.

    I don't know why those morons in Washington think that making a larger debt and haphazardly throwing money into the economy is going to fix anything. However, if they want to be stupid and send me a check, I'll happily go out and spend it.

    November 6, 2008 at 6:17 pm |
  6. chevalier

    If we recieve a stimilus check and we dont spend it and we hold in the bank for hard times that is still a good thing, because if a few thousand or million people just hold on to the stimulas check it gives the banks more lending power because the capitol the have.

    November 6, 2008 at 5:33 pm |
  7. kat winn

    The first stymulus didn't help because most people used it to pay overdue bills and food for their families, banks get the big help but the people that bring in the revenue by paying taxes without complain, once in a while get thrown a bone in order to keep the spin cycle going and with a wink,wink, say to the people " see we are looking out for the you. " What has happened to Governament for the people?

    November 6, 2008 at 5:33 pm |
  8. chevalier

    here in Texas, the houston area gas is around $1.87 gal–$2.05 gal and disel just went under $3.00 gal to $2.99 gallon.

    November 6, 2008 at 5:29 pm |
  9. jessica

    o.k., it makes no sense to send another stimulus out, what is it going to do? Push the economy on a better track? The economy is on the worst track it could be on right now, and they are just making it worse. Where is all this money that our country is in debt for going to come from? China? So, basically we are in debt to other foreign countries? I can't beleive our country ( the land of milk and honey) is in this mess right now. I am ashamed , ashamed of politics, ashamed of where our country is headed. I pray Barack Obama really is ready for all this, and can handle what's ahead.

    November 6, 2008 at 5:13 pm |
  10. lynne

    Can you tell me why every year that the state budget comes up and all local Govenerment says "we have to cut back on police,firedept.,schools" What happened to the lartery money? I see all the time that all across the U.S. the pay out is millions of dollars. Why is it that the State Gov. never goes through the Capital and Local State and cut out waist? I know of one dept. that might be cut out all to gather is the the one that all day and a lot of over time helping school teachers fill out their certificate application year after year, & these are the people that teach out children also why is it that if state government does not spend the alloted money they recieve less the next year? Why arn't they rewarded for saving money?

    November 6, 2008 at 5:01 pm |
  11. Jim in Tannersville PA

    I think they should take some of that stimulus money and give people that can’t afford a new car and are driving old gas eating, polluting pieces of junk a new car. That would help the environment, cut down on gas use and help the public all while helping the automakers move inventory and the machinists and all related jobs. Bail out the people that are struggling not big corporations. It would be a win win situation for all not just one.

    November 6, 2008 at 4:54 pm |
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