According to CBS News, Governor Jindal of Louisiana is not in a hurry to take any of the stimulus money. Governor Jindal is quoted as saying, "We'll have to review each program, each new dollar to make sure that we understand what are the conditions, what are the strings and see whether it's beneficial for Louisiana to use those dollars,"
Keeping in character, New Orleans Mayor Ray Nagin has said he'll take any money that Louisiana turns down. Why doesn't that surprise me?
We need to step back and take a look at what we are doing. We have mortgaged our futures, our children's futures, and our grandchildren's futures, and now everyone feels justified in putting their hand out reaching for the money that really isn't there. There are so many better ways we could recovered from this recession. I don't think this one will actually work.
The most painless way to come out of this recession would have been to open up the energy sources inside our country and offshore. This would have generated jobs, income, and tax revenue plus providing a long term solution. Offshore drilling would have been a simple solution to the problems California is now having. Their offshore wells could be up and running (and providing income for the state and its residents) within a year. What we have done instead is mortgage our future and set the stage for major inflation in about two years.
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