Sunday, February 15, 2009

Assignment #3 B.Rohner

Madison Powers wrote an article for the CQ Today Online News entitled "Trade-Offs in the Stimulus Package", on February 4, 2009. Mr. Powers is the Senior Research Scholar for the Kennedy Institute of Ethics at Georgetown University. This article was written for every citizen of this country wondering what is going on with the economy. In this article the author talks about the stimulus package set forth by president Barrack Obama, and the trade-offs that have to be figured in to the decisions made.The stimulus package needs at least two trade-offs for this package to work.

First the stimulus package needs to help people be secure in the economy enough to start spending money. If the people of this country don't spend money then most of our other citizens will lose their jobs. Second the package has to make the economy of this country able to stand on its own after the package runs its course. The author goes on to talk about how it may be better to start the reform by helping more smaller businesses then a few large ones. Thinking small as he calls it may be the only way to do this. I believe he has a point. I believe building an economy is like building anything, if you make the base of something strong it will be able to support more.