This blog is for discussing issues in our complex global economy.
Goodbye, stimulus. Hello, state budget cuts
As more and more cuts are happening especially to area that affect my life everyday, like school, medical, and other services. I really begin to question the spending of all the stimulus package money as we see in my home town of san francisco roads being repaired in the nicest neighborhoods, while there are schools with no lights of toilet paper. I feel like the government needs to get its priorities in line.
“States had this one-time money that helped them bridge a difficult period in state finances,” Haggerty said. “Now they have to face the absence of those funds and a whole new set of difficult issues.”
Pretty much sums it but, but why were states not taking this into account once they received the money? Obviously this was not a never ending pot of capital. Rather a quick fix for a long term issue.
I agree with Scott. The states had to have known that the money would dry up eventually. Why did they spend it to try and solve such problems that would only come up later again anyways? I feel that the stimulus money should not have been used to simply delay the tough decisions. Those decisions should have been made and executed at the onset of the recession. That way the money could have gone towards more long-term boosters, instead of just being squandered on things that were going downhill anyways.
As the article states, the stimulus will only last so long, the stimulus is just a bridge in these hard economic times. But what happens when the stimulus money runs out? These continual budget cuts of education, healthcare, safety and security and other services greatly affect my generation and generations to come. If we keep cutting back, what will we have left? States are just now starting to see the stimulus money, but they are not using it wisely, when will be put our heads on straight and put our money were our mouth is?
Sometimes I wonder why stimulus money is being put towards the most ridiculous projects. Can’t they think of a beter place to throw around some cash… maybe towards education, healthcare, welfare? Use it wisely while it’s still available. For a lack of a better terms, this sucks. I thought we had already hit rock bottom, but now we are going to take even heavier hits? Lets hope California is wise enough to put what money we have left where it needs to be put.
I don’t understand why everyone is becoming all angry at the states for not having enough money after the stimulus package. We all knew that the stimulus money came in a desperate time to help the country out and we knew it wasn’t going to last for ever. As much as we don’t want the budget cuts to happen, there going to happen because our economy is in a really bad condition. There’s not much else the states can do, but have more budget cuts and I’m sure its not what they would like to see happen, but it’s the only thing there is to do.
Once again, states are trying to cut spending on education to try and solve their problems. If budget cuts to educaion are made, there will be job loss and it will affect every student in that state. The stimulus money was given to help states, not to be wasted on unnessesary projects done by several states. If cuts are going ot be made, state officials need to find another answer for proposed cuts, not educaion.
Budget cuts have been affecting the U.S. and the Bay Area for awhile now. Its hard for many low income areas becasue many budget cuts were to extracirricular programs and other things that help keep kids occupied and crime free. With kids turning to drugs and crime to fill thier time which leads to juvey and for some jail. Paying for these kids to be in jail and juvey is a waste of tax dollars and time. Instead of being in jail these kids could begetting a job. Also, the stimulus was supposed to give states money not cut programs.
With this article, I feel like i know exactly what to say. The first thought that occured to me while reading is that it is obvious that a stop to stimulus at this critical time will definitely not help the recovery. It seems like chapter 16 made me realize what a bigger impact the loss of money can make due to all the factors involved. I believe this is also true in the situation we are going through today. The effect of the stimulus would not greatly show as being helpful to the economy if it is taken away so soon. Time is a factor that we cannot fix to make the economy grow more rapidly. It is sad to see that the stimulus money cannot stick around for a little longer to make a bigger impact on recovery.
The stimulus money was a temporary fix that would just delay problems and would in return make them even bigger. That money should have been used to fix problems that could have been fixed for good. But schools don’t need to have more budget cuts, especially colleges as they make big profits.
It is unfortunate that these cuts are coming but the stimulus money was meant to be a temporary solution. What the Obama administration need to do is to draw up a Plan B. Cutting education and health budgets can not be sustained in the long run as they are critical to the nation’s economy.
It is scary that this stimulus money is only temporary. What happens when it runs out? What happens to the schools, roads, and government owned areas that need to be repaired. It bothers me that the government is focusing on things like this that arent as important right now as our citizens. There are thousands of kids who cant go to school because they cant afford to, or dont have any that are availible, and these need to be the ones our govt focuses on now.
The package was a bad plan from the beggining. First of all it was spent on projects that will temporarily keep people employed like raod work and repair. thats a fine temporary fix to our problems but after a while its going to need to be replace by something a little more permanent. These budget cuts are just an example of the temporary solution ending and reality setting back in.
It is sad to hear that our state is still not doing better. The topic of budget cuts is still roaming in everyday conversations. Now, more people are getting laid. Citizens are trying to keep their jobs, keep their house, and keep their hopes up that the recession would be over soon. Even students are being affected because of the huge cut in education, which I disagree with because education produce well education young men and women that would make our country better.
Why do government officials always look to health care and education as a first resort for budget cuts? To me these seem to be particularly important. Why don’t they cut prison budgets or something? Children and sick people should not be punished for the poor decisions made by our government. When I was in high school I had classroom textbooks from the 1960’s-I literally had to use a 40+ year old textbook because our school’s budget was so low. Then, I see a documentary on San Quentin and they have state of the art technology for the prisoners. I think our priorities need to be rearranged,
No matter what the stimulus will only last for a certain amount of time. Right now, the stimulus is simply working for the U.S to get out of its tough economic times, and has no further plans. The budget cuts include healthcare, education, safety, and security just to name a few. All of these industries are closely related to people of my generation, so it is imperative that the economy improves sooner rather than later. California needs to use their stimulus money wisely, unlike the many other states that are only further hurting their economic standing by foolishly throwing away money.
It is unfortunate to see that there will be even more budget cuts than there have already been. Not much has been done with the help of the stimulus. And now that there will no longer be a stimulus to propel the country forward, I feel like it will now be even tougher to relieve the country of its enormous deficit. People have been saying that we are on our way out of this recession, but with this news, it is a little disheartening because you know that there will be more taxes and more budget cuts to make up for the loss of the stimulus money.
I question why the state is spending so much money on such pointless areas when there are many other problems which are more important and is in need of money. They must use the stimulus money wisely in order to improve the economy as soon as possible.
In a time where money is scarce and government spending is under the microscope, i do not understand why state money is not being used wisely. One of the reasons why the global economy is so horrible is because of over spending in the past. Someone has to sit back and think for a second. The economy is in this state because governments ignored the implications that might arise in the future and acted impulsively on projects and areas that were not needed. This is the time to think of the future.
this was probably the most foreseeable issue that could of arisen from the stimulus package. the stimulus was only a temporary fix and policy makers must of known that. the impending budget cuts are a product of this stimulus and as such cannot be helped by it. the true fear here is that without the stimulus money we may be headed into another mini recession because their is going to be less government spending and that could lead to another economic downturn, only time will tell.
This stimulant package is suppose to create work and momentum for our state. It seem like we keep trying to stimulate the economy and it begins to gain momentum and then soon halts. Then were faced whether the issue to spend more money in stimulant packages. We need to at least re-prioritize what projects we choose to stimulate because we have a trend of wasting money on unproductive projects.
These stimulus packages have been helping our leaders avoid certain situations, but as the money runs out for our funding we need to focus our attention on exactly what we are using that money for.It is good that we have been spending money on health services, but if that money is taken away from our education this is when we are going down the wrong path.To think that thousands of teachers could lose their job is too much because people make more money with education. Although cuts are going to be made all across the board health and education should be the very last to be cut.
I begin questioning the spending of the stimulus package when in certain cities there are unnecessary repairs being made to the nicer neighborhoods while the less privileged kids and communities continue to suffer and receive no money. As more cuts are happening especially effecting kids in need and in areas like school, medical and other services I begin to worry about our governments priorities.
With this it makes me wonder how much are government cares about what is really necessary in our country. More and more budget cuts are being made that effect children in ares such as medical coverages and other clearly important necessity’s. Cities are being effected as well and have less money for public repairs which negatively effects the whole community.
We should all remember that the stimulus package was meant primarily to give a short-term relief to the collapsing economy and not meant to clear up all state budget deficits. The package did help many people to stay on their jobs and payrolls so it served its purpose. Now that the economy is on the move toward recovery, it is time for serious readjustment to state budgets. We have only two ways to do this: make drastic cuts to education and welfare programs or increase taxes. Either way, many will suffer, but we cannot delay balancing the budget any longer. Politicians need to stop postponing and start performing.
It is not good to hear that the life line that was supposed to help the economy is now coming to an end. The budget cuts are just a sign that the economy is far from being back to its natural rate of output. Using budget cuts on educational and medical facilities is poor judgement from our government.
I think this is bad judgement on our government because there are plenty of other things that we should be spending our money on. The budget cuts are obviously going to happen because of the condition that the economy is in. When the stimulus eventually runs out of money, then what do we do?
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