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Fed: Write-Off 2009

Fed: Write-Off 2009


  • Bernhard Warner is editorial director of Social Media Influence.
  • Matthew Yeomans runs Custom Communication

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Getting Worse

With the stimulus package on the horizon, many are wondering if Obama can bring us out of this economic mess. Some questions that need to be answered:

1.) Will people use the tax credit to shore up their bank accounts or spend on needless consumer items?

2.) Even if people spent the extra stimulus, most would end up at Walmart...which has 70% of its products from China. How does this help the economy?

3.) The Obama administration will spend roughly 80% of their infrastructure spending package on rebuilding and improving roads as opposed to mass transit. Doesn't this support our current lifestyle of suburbs and driving and foreign oil dependence?

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