Economic Stimulus

An article on CNN(http://money.cnn.com/galleries/2009/news/0901/gallery.stimulus/index.html), talks about how the $825 billion stimulus will affect us. The article states that the purpose of the stimulus is not to turn the recession around, not that it could, but to slow it down. Some effects will be seen immediately while others will not be visible for some years to come (ex. unemployment). Some Republicans are worried this stimulus will create a greater national deficit and that the best approach is in heavier tax cuts and lighter government spending. Democrats argue that the loss from increasing unemployment, economic output, and lost tax revenues will exceed that of the stimulus. It is my belief that the stimulus plan will be somewhat effective. The current state of this recession needs both a long term and short term solution. The stimulus provides a little bit of both. It is not the sole solution, but for a deficit of this magnitude, there is no single resolution. We need long term security, but people also need a means by which to satisfy their immediate needs.