嘿﹗台灣的姪兒姪女們﹐您們以為大用公帑猛花錢﹐就是凱恩斯的信徒﹖錯矣哉﹐表面上﹐奧步馬『擴大公共支出』的作法﹐似乎有凱恩斯的皮毛相﹐實際骨子裡﹐完全不符合凱恩斯的原意﹐與他提出這個概念的最主要目的﹕在於增強『生意資本』(to increase BUSINESS capital )﹔奧步馬的主意﹐則重在濟窮(或言『社會財富再分配』乎﹖)﹐而非厚植『國力民本』﹐二者根本相背道而馳。
Obama and his economic team are pushing hard for hundreds of billions of dollars in government spending and tax cuts to boost the economy.
t the House has approved over $800 billion to juice the economy, it's clear that some of the money will quickly and directly affect most Americans' lives, while other spending is intended to produce either longer-term, less tangible benefits or is targeted at narrower segments of the population such as the unemployed.
Although the sum is huge, the money isn't intended to turn the economy around, but to keep it from falling even further into decay.
Detractors say spending on stimulus will do little more than drive the country deeper into debt. Many Republicans are arguing for a plan heavier on tax cuts and lighter on government spending. They'll push those ideas when the plan is debated in the Senate.
But supporters - including most Democrats and President Obama - say it would ultimately cost the United States more - in the form of lost jobs, economic output and lost tax revenue - to delay. They want the plan enacted quickly.
Here's how some of the billions in the House stimulus bill could change your life.
This is not a complete list of the spending, and the numbers are approximate and will likely change before any bill is enacted.
What you'll see: $145 billion in tax cuts for working individuals.
The tax cut would be $500 per person ($1,000 for a couple) and would phase out for people making over $75,000 a year ($150,000 for couples). You'll most likely see this as an increase in your paycheck, roughly between $10 and $20 for this year and next.
This is the largest single tax measure in a package that includes additional cuts for businesses large and small, as well as expanded credits for low-income individuals.
For the unemployed: $43 billion for increased unemployment benefits. Weekly benefits will go up by $25 a week and the amount of time the unemployed may claim them will be extended by at least 20 weeks, plus another 13 weeks for those in high-unemployment states.
$39 billion for expanded health care benefits for the unemployed. The federal government will reimburse states to extend Medicaid coverage for the jobless through Dec. 31, 2010. For those who want to keep their old employer's insurance plan, the government will subsidize their Cobra payments - paying 65% up to 12 months. Cobra eligibility will be extended for some groups of workers.
$20 billion to increase food stamp payments by 13%. For a family of four, that means an average increase of $79 a month - from $588 now to $667 if the bill passes.
Education
What you'll see: $41 billion for school improvements, including better buildings, computer upgrades and teacher training.
$15 billion to increase the maximum Pell grant by $500 in 2009-10; plus, increases to the annual unsubsidized Stafford Loan limits.
$14 billion in tax credits of up to $2,500 a year for college students with an annual income below $80,000.
$6 billion for college building improvements.
Behind the scenes: $79 billion to help states offset education costs. While people won't see this directly, it will likely mean that services won't have to be cut or taxes won't have to be raised.
Healthcare
What you'll see: $4 billion for more preventative care programs.
$1.5 billion for improvements at community health centers.
Behind the scenes: $20 billion to computerize health care records. This is intended primarily for doctors, although there's some debate as to whether patients will have access to this database as well. Ultimately, it's supposed to make the health care system more efficient and cheaper for everyone.
$87 billion for states to help pay Medicaid costs. Again, while not directly visible to most people, state taxes would likely rise, or services cut, absent this measure.
Housing
What you'll see: $6 billion to weatherize moderate income homes, making them more energy efficient.
$4 billion for homeowners to take up to 30% of the cost of conservation measures as a tax credit, up to $1,500 per person.
$300 million for consumers to replace old appliances.
$500 million to help rural families secure mortgages.
For those living in public housing: $16 billion in energy retrofits and improvements.
Transportaion
What you'll see $30 billion for highway and bridge construction projects.
$13 billion for mass transit, including new lines, buses, trains and stations.
$3 billion to expand congested airports.
$1.15 billion for better land and sea ports.
$4 billion for more police officers and equipment - best watch the speeding!
$500 million for better airport screening detectors.
Other infrastructure improvements
What's you'll see $31 billion to modernize public buildings, making them more energy efficient.
$3.1 billion for improvements on public lands, including new roads, trails and facilities at national parks.
$6 billion for broadband Internet access in rural areas.
$400 million for flood control efforts, which include buying and preserving open land around the country.
$6 billion for communities to replace aging sewer lines.
$4.2 billion for towns to purchase and rehabilitate foreclosed, vacant homes.
$32 billion for a "smart" utility grid and renewable energy production, although in the long run this could change the way you use appliances at home and clean the air.
Exactly what Geithner said today: "We need to invite the private investors coming back to the market." But what happened in the past? Can you see the difference between the Obama's wine and the Bush's? Same way of thinking.
Equities react to the Obama administration's latest attempt to stabilize economy largely as it did the last eight times the government unveiled steps to curb the crisis, beginning in October 2007.