NOT TV RELATED

How the stimulus plan affects me.


Right now, the $15.6 billion dollars to increase Pell Grants will directly affect me the most out of the items in the American Recovery and Reinvestment Act of 2009.

Another item in President Obama’s stimulus plan that will affect me in the future is the increased tax credit for car buyers. My car’s getting kind of old and I’ll probably get a new one in the next 2-5 years. The bill allows new car buyers to deduct the car’s sales tax from the buyers taxable income. So that’d be a nice amount of money to get back (if I can afford a new car that is.) If I decide to get a hybrid (which is really the only responsible car to buy) I can get another credit of up to $7,500.

Though it won’t directly affect myself, part of the $50 billion for green projects will go towards weatherizing homes, approximately $5 billion. This will definitely help my aunt who lives in South Florida and needs work on her house from hurricane damage.

Since I’m not eligible for unemployment the weekly increase won’t help me, but it will help my sister who hasn’t been able to find a job since the unemployment downturn.

I don’t think the $7 billion for broadband internet is necessary but who knows, it might help some Einstein in West Virginia reach his potential and invent cold fusion.

I hope I feel the affects of the $80 billion to fix roads and the general infrastructure of the country – especially if I’m driving my new hybrid.

Critics say that President Obama’s plan is just a spending bill that our children (I’m not sure if I fall into the category of parent of child in this case) will be feeling for years. I don’t know If I mind that.

Yes, it’s a lot of money.

But so far I’ve seen the way its going to help my aunt and my sister. So maybe I’m going to have to pay in the future for some things that didn’t directly help me. But it helps people I care about, so until you see me living out of my hybrid I’m going to hold the position that spending to help others will in turn help yourself because you’ll live in a better society. Guess I’m just a dumb democrat though.