I have pored through countless articles. I have listened to numerous discussions by alleged experts. Politicians have filled my airwaves with their prattle. They say they are stimulating the economy by injecting billions of dollars into it. I have yet to feel a thing.
It is true, big business most assuredly is reaping the rewards. After talking to many ordinary people like myself, I am not alone in believing that this “economic stimulus” package has not been very stimulating for the rest of us.
Who exactly has benefitted from the $11.4 billion the government has doled out since Barack Obama became president? I do not know of any one personally who has. I have, however, been dismayed to hear it reported how these corporate louses are still making out. The thieves. How is it possible that the ones who lost all the money in the first place (and got paid to do it!) are getting giant paydays again? It totally astounds me.
These corporate yahoos continue to rake in all the dough, while I lose neighbors? Houses continue to go vacant around me and no one does a thing. What’s so stimulating about that?
My wife and I had a great neighbor, Julie, living directly behind us. We got along, we talked. On a couple of occasions, we even had dinner together. Now, she and her children are gone. She is a single mother and she could not afford to make her house payments anymore. Am I the only one who sees something wrong with that?
Julie said she was only struggling with three of her 12 house payments in the year. She worked full time, but with the expenses of two growing children coupled with rising food and energy costs, she could not keep up.
I asked Julie what it would take to make it so she could stay in her house. She just wished there was a way to lower her interest rate without having to refinance, thus avoiding the addition of more closing costs on top of an over-extended loan.
Why could this not have been part of the stimulus package? Why should homeowners not be able to get lower interest rates? Perhaps, some nice neighbors would not be lost because they would be able to keep their homes. Imagine that one.
“If I was a first-time homebuyer, there would be all kinds of help for me,” Julie said. “For people who don’t have a home, the stimulus package is great to help them get one. But, I have a home I am trying to make payments on, and there is no help for me.”
My neighbor has taken her two children and moved in with her mother. Her home now sits empty behind mine. She is trying to sell it, but will probably have to take a loss. Another house right next door to me also is empty now. It is so depressing to see these empty houses. I am so sad when I think of what great neighbors lived in those two houses and I wish there was a way they could come back.
On a trip this summer, I saw signs in several states that said certain road projects were funded by the economic stimulus package. I never once saw a sign stating, “The economic stimulus plan will help you keep your home.” Now, that would be quite the concept. Keep the people who already own homes in them!
They need to call this plan what it is. It is not economic stimulus — it is corporate welfare. Economic stimulus would keep people in their homes. Economic stimulus would help my wife and I raise our children without constantly stressing about money, despite our two good jobs. Economic stimulus should make me tingle with sheer excitement and joy — economic stimulus should be stimulating.
Instead, I shake my head in dismay and irritation as another corporate honcho who got us into this fiasco receives a multimillion dollar bonus. If only I could mess up so bad.