Stimulus package

1. The stimulus package is a bill written by president Obama, to stimulate the economy

meaning to balance the economy out and keep from going in to another great depression. Over the years the economy of the U.S.A has been dropping . From the foolish acts of the United States former president George Bush by only helping the wealthy instead of the poor.The reason for this package is to get the economy out the state of recession which is that state that that our economy is in now. This package will keep the economy away from another great depression like the one after world war 1.

2. Their were many agreements and disagreements during this conference of the stimulus package. One agreement on this that this package is that Obama's plan, sounds promising and could possibly be the plan that could work . Also this package could bring employment rate higher than it is now. One of the disagreements

is that this is great amount of money is way to much to risk loosing . And many of the politicians are wondering how was he planing to get all of the money.

3. The spending details in the stimulus package is 275 billion in tax relief. The money will be spent by businesses receiving bonuses for new plants and equipment. Since this money is being given back to the low budget businesses. This package will give money back to the businesses that had to make cuts on employees.

4. Some areas Obama emphasized on the video were, the result of this package and how it will save jobs. He said that he realized this package is a lot of money to ask for. And that many of the politicians don't agree but he believe this plan will work. An throughout the videos he states that this should be done, because this is a plan that could save the economy and stop it from getting worst and in a simple way he is stating this package is a plan that work and its better to have a plan that could work than not have a plan at all.

5. I feel this package will help African American by helping them get out of lower middle class to middle class . For the fact that there are many African American people in lower

or lower middle class. Also I do believe that racism and gender bias will make a difference that many people believe that a man is a provider and a woman should not need that much money.

And there will always be some one who believes that some one is inferior to someone less.