First when Bush and the house republicans had the stimulus package, they gave the money away with no strings attached. Obama part is spending it on this that will not stimulate the economy. Both sides have gotten wrong in my opinion.
I wouldn't give money to a drug addict and expect them to cure themselves. Why would I expect a companies leaders of a failing business know how to do any better with more money? Bad habits in each case will continue to happen.
What we need to do is invest on the working or new business models. IF we want more jobs and stimulate the economy, I suggest we give stimulus money to those companies that are succeding in these difficult times. Those companies that knew how to plan for the future. Instead of investing in companies that are failures by their own design, we should invest in those that are surviving on their own prudent practices.
We also need to set free those ideas that are locked up. Possibly come up where money is given to Universities and think tanks to make open source technology and patents on things such as Cars that are ran off of water. Better and cheaper solar and wind power.
Open source technology means technology that would have a patent that would be open for all to use. Many know this in the software world as basically freeware. But Benjamin Franklin opened up the patents on many of his inventions so the whole world could benefit, from his lighting rod to his stove.
For those that don't understand open source, think of it like this. If Apple allowed anyone to make and use the technology of the Ipod, what would happen? There would hundreds if not thousands of companies making Ipods. The ipods would be more variety, more technologically superior, cheaper and used in everything. This would stimulate jobs because of the all companies that would jump into this market. But apple won't do that, and an Ipod can't drive you to work.
But an Imagine a Car that can do 50 to 100 mpg. If the research was paid for, and the patents were open for anyone to use. Or it could be a car that ran on water, or solar panels system that powered your house during the day, and stored enough to power your house through the night.
If we spent the stimulus money an opening up technology, making it open source then we would be helping American businesses. We could offer grants to univiersities to help educate our children, if they contribute towards this open source collaboration.
But instead of investing in the whole of America, were buying new vehicles for thte government why I have to drive in my 11 year old car, and pay for the senators new ride. Not only that, but spend billions on Washington DC, while I watch my own house devalue before my eyes.
The only part of the stimulus package I like is rebuilding the infrastructure of the roads and bridges in America. Probably because that's the only part of the stimulus that benefits us all.
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