Wrong Financial Stimulation Plan Again From Obama Team

Wrong Financial Stimulation Plan Again From Obama Team

I don’t know how Obama Team collecting real information and study on the information about majority American people situation. I don’t know how they understand what we really need to help this economic environment.


Increase the infrastructural work, repair road and utility is not a bad thing to do for most of country try to help a economic. It is also not bad compare only extend unemployment benefit. But Obama Team forgot calculate how much employment can be increase.


Repair road in United State is a kind of job use much less employee but heavy equipment instead. On the other hand, this kind of job is controlled most by union worker. Which will cost government a lot more for much less effect. Union worker such like people holding flag direct traffic guy even make at least $35 to $50 per hour plus all the benefit and pensions which equal to $65 to $80 per hour cost of project each person. As a private construction company owner might only make $50 per hour during good economic, and now they might have no job income and private income with no unemployment benefit at all.


I got water department replace new water meter, it is estimate $12,000 to $14,000 dollar real charges is  $11,000 but I don’t think they can make profit, because they have big loader and excavator, big dump truck, big equipment truck, 3 guy drive equipment and, one plumber, one plumber helper, one guy hold shovel, one guy hold pick, one guy hold broom, one group leader, and one supervisor. So many guys to do this 3 hour job. If this is a private company do the work, they only need two guy to finish it and maximum 3 guy, still only work 3 hour to get job done. And the job might just cost $5,000 and still have profit.


About business spending encouragement is another unbelievable awful idea. Most of small business almost out of business, and they have all lost credit to get any of business loan. They all live on minimum savings try to hanging through this economic situation. How can they spend extra money to get deductions. They don’t even have any profit at all. This idea is such kind of jock.


Small housing investment and Construction business is the area lost employment and wealth of American. But housing still under water, for the all government tax and rules cost licensed contractor has no way to compete with none licensed handymen crew on the bid estimate. Since this kind economic, owner need do construction all worry about spend too much, they would rather take risk to hire cheaper none licensed crew. This kind of crew never report tax, they get paid by cash, they don’t pay tax, they don’t need any company spending tax deduction.

increase asian people travel posibility, country like China and India Malasia, HongKong, Taiwan, Korea, they have a lot of people rich enough to spend vacation in united state, or sent their kids, and family live in here even they don't want become United state citizen. the big spending from out side country, is the only way to release the presure from locally. it will creat more company profit especially small business profit, it will creat job on retail, traval related, housing, those business much close to the mojority of american. and it is instant increase business without any special time frame. temporara population increase is the best and fast way to help. just think how to help them get in and enjoy the life here is much easier to do and acurate to our economic situation at all.

I do hope Obama have a department can really gathering information from bottom of America people. So they can find the real solution to help our country back on track.

 God bless American!