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+--- Thread: Hopefully this makes a dent in things - The stimulus bill was just passed (/showthread.php?tid=71924)
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - $tevie - 02-07-2009
Grumpyguy wrote: - $20 million dollars for the working capital fund. I don’t know what that is. You don’t know what that is. That means it isn’t going to help you.
Why wonder when you can Google:
Working capital fund - The financial resources required to meet immediate obligations in anticipation of earned income. In other words, funds used during the length of time required to convert services (which involve a cash outlay) into cash payments for those services. Human service organizations often require working capital in order to pay staff on a biweekly basis, in anticipation of pubic sector contract reimbursement payments that arrive a month or more after services are delivered and payrolls are met.
http://www.naeyc.org/ece/critical/financing_glossary.asp#w
PS, Grumpyguy: if you are going to cut and paste that much information it is only polite to credit the people whom you are cutting from, especially since you made it seem as if the sardonic comments were your own. http://thevirtuousrepublic.com/?p=2723
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - vision63 - 02-07-2009
The country is IN THE HUDSON.
Driven into the ground by the GOP with it's never-ending thirst to toot up for whoever wants to raid the treasury or have their taxes cut. You can't save the country by tax cuts alone. It's what's wrecked it. In fact, this stimulus should be rejected by the Democrats because of all the idiotic tax cuts.
Of course what's happening "right now" is way better than what's proposed in the bill (thanks Dick Cheney). What we're currently enduring is simply wonderful. Legions of people losing their jobs, millions of people enduring a type of poverty they'd never thought they'd see. Mitch McConnel's America has really been working. It's best to do nothing in the face of another impending Depression. I'm sure McCain would have known what to do. Obviously, to hell with the Filipinos.
Ultimately, you're either part of the solution or you're part of the problem.
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - OWC Jamie - 02-07-2009
It's_ beginning_to_look_a_lot_like_Christmas ...
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - Bill in NC - 02-07-2009
Tax cuts work faster, which is why payroll tax cuts have been recommended.
Not a chance of that happening, of course.
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - Gutenberg - 02-07-2009
The GOPs are behaving like a bunch of little Herbert Hoovers: "Do nothing for the rest of the country because I have mine." You folks who are falling for it again need to read a little history.
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - RgrF - 02-07-2009
Why should they bother reading history?
Oh right, they need to just find ways to deny it.
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - Greg - 02-07-2009
GrumpyGuy,
I don't see why those things you've listed are unimportant or irrelevant. They money has to be injected somewhere...if the package didn't look like that, what should it look like?
Honest-to-gosh, those all look fairly reasonable, if not noble, to me.
"$420 million for Indian health facilities. Good day to be a Native American."
It is?
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - Greg - 02-07-2009
"$650 million for capital improvement and maintenance at the Forest Service. That’ll put city folks back to work."
This is just being pissy.
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - Grumpyguy - 02-07-2009
Stevie,
From my blog.
Greg, being pissy? This is supposed to be a stimulus, not an omnibus spending bill.
There is nothing targeted, just spending at random targets.
If everyone else tightens their belt, why is it okay for government to spend like crazy?
Re: Hopefully this makes a dent in things - The stimulus bill was just passed - Grumpyguy - 02-07-2009
Stevie,
And the human capital fund still isn't going to stimulate the economy now that I now what it is : )