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second stimulus package

February 3rd, 2009 at 10:59 am

There was an announcement on TV tonight from the Prime Minister announcing a second stimulus package. Every person earning less than $100k a year would recieve $950 from March. (which means DF and I both get something this time!)
Honestly, I don't know why they didn't do that sooner. Most people my age I know are just going to spend it. Isn't that what they want?
There are also construction projects being started, and they are building 20 000 houses for defence families (and providing work for many people).

The stimulus package will place the country in $22 billion dollars of debt, so obviously now the Prime Minister is getting a bashing from the opposition.

Honestly, if he stood back and did nothing, he'd get a bashing as well. Everyone has to blame someone, and you can't always do everything right. Prime Ministers can NEVER do ANYTHING right, according to about half of the population.

Personally I think it's all ridiculous, he's doing the best job he can under these circumstances. I wouldn't want to be in his shoes, that's for certain.

I also find it laughable that a lot of people lazily fall into the trap of blaming a NEW Prime Minister for everything wrong with the country. Ummm... hello? He's like the cleaner who's walked into a house after a 21st party. Everyone's hungover, there's a lot of damage, and someone's thrown a beer-soaked sheet into the ceiling fan.

Ok well maybe not the last bit.

Anyway. I know it's pretty pointless whinging on a site where everyone is predominantly from the US, but anyone who's listening, GIVE HIM A CHANCE! He went to my high school, he can't be all that bad! Big Grin

Oh, and I'm thinking of SPENDING my stimulus cheque. On a fridge, maybe. And DF might use his on the air conditioner, maybe.

6 Responses to “second stimulus package”

  1. Joan.of.the.Arch Says:
    1233676458

    I've been trying to read what various countries are doing (or not) to handle this international recession. Iceland, Ireland, Spain, Greece, Germany, the UK, your own country. China, wow, how much misery can be triggered there if huge numbers of people lose manufacturing jobs. We are all in such a mess and what the one does affects the other.

  2. gamecock43 Says:
    1233686298

    I wish I was in Australia...your homebuyer credit is bigger and better...you have 2 stimulus...

  3. Tightwad Kitty Says:
    1233687754

    whitestripe
    From one Aussie to another the new stimulus package has not been pasted the senate yet! That is why it taking that much time. I dont get anything this time around as I am on a pension.

    Do spend it wisely when it does comes.

    Kitty

  4. whitestripe Says:
    1233698557

    dont worry kitty we will spend it wisely. it will probably go into savings first.
    did you get anything from the first package?

  5. Tightwad Kitty Says:
    1233833011

    I got the first package and will only get the solar hot water if it can go on my roof but this will cost me a lot more money, I am down for the $8000 solar power for this year so I not worried about not getting any of 2nd package. What do you think of the whole up in Senate and will they past it in full?

  6. whitestripe Says:
    1233864215

    i just don't know.
    on one side, like most people, i would welcome the extra $950, but then again, i do worry about the effect it's going to have on our country once we're in debt. i do wonder if the senate will pass the bill. i would say rudd did a smart move by announcing it and getting public support first. lots of people are in financial hardship now, obviously, so its like dangling a carrot in front of them. i am sure the people deciding on this bill realise this. it will be a huge blow to LOTS of people if it doesnt get passed.
    so on the other end, i really don't mind if i DONT get it either Smile

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